I base my rental yields on CURRENT price of the condo. Can't use purchase price because that's the old price, from too long ago.Originally Posted by DC33_2008
Always have to compare with the alternatives investment opportunities after cashing out at current price.
Flipping has several advantages. Used to be able to get cash after getting another property (20% down) if the original unit has appreciated. Not so easy now with 40% down.
Transaction cost is the other concern....