Property Investment: Defining Flipping
ZUNE TH
S AT TA R
Property Investment: Defining Flipping Flipping is a term used in finance to describe the process of purchasing an asset with the intention of selling it in the short-term at a profit. It is most often used when talking about real estate transactions. Zuneth Sattar
Short-Term Profit The practice of flipping involves taking possession of an asset that has the potential to be sold only a short time later to make a profit, rather than holding onto the asset and waiting for longer-term appreciation. There are two main types of property flipping, based on either market conditions or renovations.
Market Conditions Property investors with market knowledge can often predict market conditions to the degree that they can purchase a property in a market that is heading for rapid appreciation and sell the same property a short time later at a higher price.
Renovations The other type of property f lipping involves buying an undervalued property and fixing it up in a way that makes it more appealing to buyers, before selling it on at a price higher than the combined cost of the purchase and the renovations.
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