The process of purchasing a property, renovating it, and selling it for a profit.

The act of improving or updating a property to increase its value or appeal.

Creating a financial plan that outlines expected costs and expenses for a house flipping project.

The marketplace where properties are bought, sold, or rented, influenced by supply and demand.

Determining the worth of a property based on various factors, including location and condition.

A strategic planning tool assessing strengths, weaknesses, opportunities, and threats related to a property.

A professional hired to carry out renovations or construction work on a property.

The practice of undertaking home improvement projects without professional help.

A plan to promote and sell the flipped property effectively to potential buyers.

Fees and expenses incurred during the finalization of a real estate transaction.

The difference between the purchase price and the selling price, indicating profit.

A schedule outlining when specific tasks in the renovation process should be completed.

Measures taken to ensure that renovations meet specified standards and expectations.

A tool used to assess various aspects of a property to determine its suitability for flipping.

The process of gathering information about the real estate market to make informed decisions.

The specific group of potential buyers that the marketing efforts will focus on.

The process of discussing terms and reaching an agreement during the sale of a property.

Revenue generated from renting out a property, often considered in investment decisions.

A property that requires repairs or renovations, often purchased for flipping.

An expert assessment of a property's value, typically required by lenders.

The financial gain realized after selling a flipped property.

A plan for how to sell or dispose of an investment property to maximize returns.

The net amount of cash being transferred into and out of a property investment.

The process of restoring a property to a livable condition through renovations.

An event where a property is shown to potential buyers, allowing them to view the home.