

2,874,392
Each person has their own formula that calculates risk, exposure, time and effort and then puts a percentage on it. Even brand new builders after all that is said and done walk away with 20-35% highest and best case scenarios
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Richard Alan Naggar
Riverside, CA
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Christopher Boardman
Phoenix, AZ
1,513,143
There are to many variables that come into play(paying cash or borrowing, paying or doing the work yourself).
Personally I would like 20% and have it rehabbed in three months. Here most homes would be in the $138,900 range after rehab/
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Richard Alan Naggar
Riverside, CA
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Christopher Boardman
Phoenix, AZ
1,114,243
The answer is actually a question: what is the client's target yield?
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Richard Alan Naggar
Riverside, CA
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Christopher Boardman
Phoenix, AZ
2,759,862
Most of the one's I know look to average 20-25%
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Richard Alan Naggar
Riverside, CA
8,243,631
Jack Gerbehy has provided a good answer for you.
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Christopher Boardman
Phoenix, AZ
57,189
20%-30%... if the reno takes more then 3 - 4 month the ROI% would need to be higher
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Christopher Boardman
Phoenix, AZ
1,269,775
Short term in your area is the anticipated home value - cost - improvement.
May be a reo property fix it up and sell what you can get. I do not envision much profit.
In rapid appreciation area like SF Bay area there is still some money to be made but the amount of gain often negates the effort put in.
These two areas can result in a wash. Best case is hit and miss.
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Candice A. Donofrio
Fort Mohave, AZ
6,773,363
2,538,789
Good morning Christopher. I always use 20% of the listing price as my goal for the profit.
967,702
It depends on volume. I know investors who were willing to make as little as 5k on a flip and 2k on a wholesale. Of course these would be for short term and high volume deals.
4,420,269
1,157,847
There is no one answer. It depends on the requirements of the investor.
5,823
I'm asking the question from the perspective of a new investor. Let's hear your fix and flip pitch!