What is the Average Profit on a House Flip?

I have seen many video ads and Facebook ads about the average profit on a flip being $66,000. I flip a lot of houses, and that number seemed very high to me. I did a little research to figure out what the actual average profit on fix-and-flips is. I can tell you that $66,000 is not the average net profit that house flippers make: it’s just the gross profit. That number is leaving out any expenses house flippers have, and it includes houses that were not flipped as well. Where does the average profit of $66,000 on a house flip

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