What is the Average Profit on a House Flip?
3,261 views · Published 27 August 2018 · 9:50 · Indexed 4 November 2026
Channel: InvestFourMore Real Estate · 2018 · Education
You can see the article I just wrote on this subject here: https://investfourmore.com/2018/08/27/what-is-the-average-profit-on-a-house-flip/ I keep seeing advertisements about the average flip profit being $66,000. This sounds like a crazy number to me so I wanted to see how accurate this figure is. After doing some research it is not very accurate at all. The number comes from Attom Data Solutions, which lists the number as the gross profit on a flip. Gross profit does not include the repairs, carrying costs, or selling costs. This number also includes all properties that were bought and sold within one year. That means that owner-occupied and wholesale deals are included as well. It is really hard to know what the actual profit on a flip is for everyone, but I know it is not $66,000. It is a bit misleading for companies to use that figure when they know it is not correct. https://investfourmore.com/2014/03/20/much-money-can-make-fix-flipping-homes/
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