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If I flip more expensive homes will I have a better chance of earning more per flip?

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  • If I flip more expensive homes will I have a better chance of earning more per flip?

    ?????

  • #2
    Yes, though you’ll also have a better chance of losing money.

    Unless you know what you’re doing.

    On top of that, you aren’t going to make any money flipping a $500,000 house in a community with an average house price of $100,000. Similarly, you aren’t going to make any money flipping a $100,000 house in a community with an average house price of $500,000. Basically, to maximize your likelihood of a profit, you should be flipping homes similar to the others in the neighborhood….except yours will be better and less expensive.

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