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Real Estate Deal Analysis & Advice

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Nick Stango
  • Contractor
  • Temecula, CA
36
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190
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What is considered a good deal?

Nick Stango
  • Contractor
  • Temecula, CA
Posted Mar 9 2015, 16:18

There is a neighborhood 5-10 mins from my house that has many investors swarming to, who are picking up great deals on real estate and fixing / flipping, wholesaling, renting, you name it, their doing it. But is it a great deal or does it just appear to be? From what I've gathered, these properties are being purchased for $100-120k with a $35-50k repair cost and sold for $185-230k is this considered a great deal or a to close to call or run fast deal?

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