Projected Profit vs. Real Profit in Flipping Houses

Flipping
Many of the house flipping reality shows use the term “projected profit”. In this video Marty Boardman explains why this is pie in the sky. A professional rehabber can never know for sure how much repair costs will actually be, or how much a retail payer will pay for the remodeled home. There’s almost something that comes up that reduces the bottom line.
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