balliardi Posted June 22, 2021 Share Posted June 22, 2021 Hi All, What method do you use to calculate the margin on a flip when deciding whether or not to proceed? I've had a look around and seems like the standard method is take the sale price and take a percentage of that, so for example on a £400k sale if my target margin is 20% then I need to be buying and refurbing the property for £320k. In today's market this seems impossible. Even a 10% margin seems highly unlikely. Thoughts/advice much appreciated Link to comment
haf1963 Posted June 22, 2021 Share Posted June 22, 2021 With flips these days you have to find a way to buy off market or operate at the higher end of the market - very tough conditions and difficult to get to 20%. I bought some garages, got planning and then sold - so there are ways to do it if you get creative david slater and russiansergey 2 Link to comment
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