House flipping: eight top tips to profit from quick property turnarounds
Buying and selling properties in rapid succession to make a quick profit - known as flipping - comes with risks but through the application of some golden rules and tips can be done successfully.
While property is generally regarded as a long-term investment vehicle, flipping houses can also be an incredibly profitable investment strategy.
It allows real estate investors to buy, renovate and resell properties for a significant return.
Over the past few years, house flipping has gained massive popularity in Australia due to rising property prices and strong demand for updated, move-in-ready homes.
Whether based in the big cities like …