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First, the good news for house flipping: Average gross profits have risen steadily over the last few years. As the 2018 house flipping report from research firm ATTOM Data Solutions shows, completed house flips in 2017 yielded an average gross profit of $68,143, representing a 49.8% return on investment. Gross profit is defined here as the difference between purchase price and flip price, not accounting for expenses incurred.
The Cost of Getting your Home Ready for Sale Making arrangements for the sale of your house will normally cost between a few hundred dollars on the lower side and a few thousand dollars on the upper side. Let us assume that you’ve decided to sell your home FSBO, so you are doing this without the help of a realtor. The first thing you’ll start with to get your property ready is obviously cleaning and.
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