What is ‘flipping’ in the real estate investing world?
Tuesday, June 24th, 2008
There is a type of real estate investing which is called “flipping” that I learned at the enlightened wealth institute. It is funny that other industries don’t use the terms as much but in reality, many stock traders and day traders ‘flip’ stocks and foreign currency positions more often than real estate investors. When a stock trader buys a stock at $100 per share and sells it at $110 a share, he or she has ‘flipped’ the stock….yet we never hear such terminology now do we? (more…)