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Updated almost 5 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Zachary Breverman
  • Rental Property Investor
  • Los Angeles, CA
1
Votes |
6
Posts

What is a realistic return on a flip in Los Angeles?

Zachary Breverman
  • Rental Property Investor
  • Los Angeles, CA
Posted

My wife and I live in Los Angeles and are thinking about buying a property to flip. We are looking in the San Fernando Valley and home purchase price of about 500-600k. What would be an ideal ROR on a pretty straight forward flip(new flooring, bathroom and kitchen remodel)?

Most Popular Reply

User Stats

6
Posts
1
Votes
Zachary Breverman
  • Rental Property Investor
  • Los Angeles, CA
1
Votes |
6
Posts
Zachary Breverman
  • Rental Property Investor
  • Los Angeles, CA
Replied

@Seth Borman

The homes I’ve been seeing in that price range are fixer uppers in Reseda, Winnetka, Canoga Park area.

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