Real Estate Investing Glossary

Fix and flip

Fix and flip means buying a property, improving it and selling it quickly, rather than holding it as a rental.

Fix and flip means buying a property, improving it and selling it quickly, rather than holding it as a rental.

Why it matters to a Las Vegas investor

A flip depends on repair costs, timing and the resale market, so it carries different risks than holding a rental. Fernwood has written about the analysis behind flipping decisions.

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Questions about Fix and flip

Is flipping the same as investing in rentals?

No. A flip aims for resale profit, while a rental earns income over time.

What risks are specific to flips?

Repair overruns, holding costs and changes in the market while the work is under way.