ROI is a term that is used to describe the “return on investment.” Flipping a house is a lot of work. The time to figure out what you could make is before you overpay for the property.
You need to know how much the home could sale at retail value in the current market conditions if it was in full repair.
You also need to know realistically how much it is going to cost you to do the repairs and renovations.
You can find great local Shawnee, KS real estate information on Localism.com Angela Shopper is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
What is ROI?
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