House flipping is a real estate investment strategy where someone:

1. Buys a property (usually undervalued or distressed)
2. Renovates or improves it (cosmetically or structurally)
3. Sells it quickly for a profit

The goal is to buy low, fix it up, and sell high, often within a short period (a few months to a year).

Example:

An investor might buy an old house for $200,000, spend $50,000 on renovations, and sell it for $300,000 — making a potential profit (before taxes and fees) of $30K profit after $50k rehab and $20k in Fees & Holding Costs.

Common traits of a house flip:

• Short holding period
• Renovations to increase value
• Fast resale to maximize return