Flips

In finance, "flips" typically refer to buying an asset, such as real estate or stocks, with the intention of selling it quickly for a profit. The goal is to capitalize on short-term value increases, often by making improvements or timing the market. Flipping involves careful analysis to ensure the potential profit outweighs costs like transaction fees and taxes. It's a strategy that requires market knowledge, quick decision-making, and risk management to succeed, and is often used by investors looking for rapid gains rather than long-term holdings.