For cheaper properties sub $600,000, I’m typically looking to sell the property for at least $200,000 more than I buy it for.
I still have to do a feasibility…
I still have to take into consideration the cost of the renovation because this can vary a lot…
But as a guide, I’m know I’m usually onto a winner if I’m selling the property for $200,000 more than I buy it for.
You won’t typically get this price disparity if you’re paying retail on-market, you need to be buying wholesale to achieve this.
