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.
Read more from Fernwood
Related terms
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.