The term flipping is commonly used in the American vernacular to describe the process of buying a money-making asset and then quickly selling it for a profit. The term can be used to describe actions in many different industries, but is most commonly used for real estate transactions.

1. Overview of Flipping
By Justin DeVinney

2. Overview of Flipping
The term flipping is commonly used in the
American vernacular to describe the process of
buying a money-making asset and then quickly
selling it for a profit. The term can be used to
describe actions in many different
industries, but is most commonly used for real
estate transactions.

3. Overview of Flipping
In order to make the most amount of money on a
real estate flip, investors should buy an unattractive
house that has not fared well on the market.
Typically, these houses sell at a considerably low
price because of several reasons, including the
condition of the house or the owner's need to sell the
house quickly. Upon buying the house, the flipper
usually invests money to improve the house and the
surrounding land, if any, through renovations and
updates. With more experience, flippers become
more efficient and ultimately make more money in
these real estate investments.

4. Overview of Flipping
Justin DeVinney pursues house flipping as a
business venture and hobby. In the last year, he
has renovated and sold over ten homes in the
Alexandria, Virginia, area.