Flipping

Flipping typically refers to purchasing an asset, such as real estate or a product, with the intention of selling it quickly for a profit. In real estate, it involves buying a property at a lower price, often renovating or improving it, and then selling it at a higher price. The goal is to capitalize on short-term market gains. Flipping requires careful analysis of market conditions, costs, and potential profit margins. Successful flips depend on timing, value addition, and market demand, making it a strategy to generate quick returns rather than long-term investments.