Last year, the average gross profit for house flipping was $65,000, according to property research firm ATTOM Data Solutions. This translates to an average 44.8% return on investment (ROI), which has been falling since the all-time average high of 51% in 2016.
To net out a maximum profit, you can do such things as buy in the right neighborhood and choose only cost-effective renovations. This beginner’s guide on house flipping will walk you through all of this. A financial advisor can also help...