Updated almost 5 years ago on . Most recent reply

What is a realistic return on a flip in Los Angeles?
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)?
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@Seth Borman
The homes I’ve been seeing in that price range are fixer uppers in Reseda, Winnetka, Canoga Park area.