Updated: 6/23/15
 
Simply Do It’s  FLIP REPORT FILE presents 51 deals as follows:

• 2 Are under contract to close-sale with in about a week or less.
• 4 are still in rehab
• 45 are completed

Flips Performance Analysis

• Total profit generated: $1,300,000
• Average total investment in a flip: $142,000
• Average holding period, i.e. from purchase to sale: 4.7 months
• Average investor’s ROI before taxes (after all expenses): 8.5% (or 21.7% annually)
• Transactions ended in a “break even’ish” – i.e. less than 5% ROI: 2
• Number of good flips (5%-10% ROI): 17
• Number of GREAT flips (10%+ ROI): 20
• Number transactions resulted in a loss: 2
• Minimum invested amount by an investor: $45,000
• Average time spent by an investor per flip: 4 hours
• Purchase methods: MLS, auction, wholesaler, not-listed

 
Few Additional Facts:

• The “closest” distance between Simply Do It’s investor and a flip property is 870 miles
• The farthest distance is 2635 miles
• Number of investors who traveled to see their flip: ZERO

Simply Do It Active Flipping Markets

• Atlanta
• Tampa
• Boise
• Houston
• Coming soon: Dallas, Oklahoma City and Chicago

Investing/Participation Options

1. All cash
2. Cash + private/hard financing
3. Cash + conventional financing
4. Partnerships (more than one investor)
5. Retirement account funds ok? – YES