Property Strategies
Property Flipping
Flipping means buying, improving, and reselling a property in a relatively short window to realise a profit. It can work, but the margins are tighter than television makes them look.
The flipping model
A flip aims to add value quickly through renovation or repositioning, then sell for more than the total outlay. Success depends on buying well, controlling renovation costs, and finishing on time so holding costs do not erode the margin.
It is an active, hands-on strategy that rewards skill and organisation.
Where profit disappears
The costs of flipping add up fast: purchase and selling costs, renovation overruns, holding costs while you work, and potential tax on the profit. Any one of these can turn a promising flip into a break-even, so the numbers must be conservative from the start.
Getting the numbers right
We introduce you to independent, licensed buyers' agents, brokers, inspectors, and accountants who help you assess a flip realistically. We do not provide investment advice or guarantee profit.
Related reading
- Property negotiation guide — buying well is where flip profits are made.
- Inspector introductions — uncover hidden costs before you commit to a renovation.
Frequently asked questions
Is flipping as easy as it looks on TV?
Rarely. Costs, overruns, and tax can erode margins quickly. Conservative numbers and good tradespeople are essential.
Is profit from flipping taxed?
Profit may be taxable, and the treatment depends on your circumstances. A licensed accountant should advise before you commit.