SHOCKING: 9 Cities Where Home Flippers Are Making Over $100,000 Per House!

I have not done a house flip at this point in my real estate investing career.  Although it can be lucrative, I am a buy and hold type of guy; all of my properties I currently own I plan on holding for the long term.  That does not mean that I won’t ever do a house flip, it just means that it is not my area of expertise.  However, there are some professional home flippers making more than $100,000 per deal.  Check out where they are doing this…

 

From 247wallst.com:

 

…And in nine markets, the profits were over $100,000 per transaction:

There were nine metro areas where the average gross flipping profit in Q2 2016 was more than $100,000: San Jose, California ($161,000); San Francisco ($146,000); Los Angeles ($125,000); New York ($124,160); San Diego ($111,250); Oxnard-Thousand Oaks-Ventura, California ($110,000); Baltimore ($105,000); Washington, D.C. ($104,500); and Seattle ($102,900)…

 

 Read more @

http://247wallst.com/housing/2016/09/18/9-cities-where-home-flippers-make-100000-a-house/?yptr=yahoo

 

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