House flipping is the process of buying a property, making improvements, and then selling it for a profit. Investors typically look for homes that need repairs or updates, allowing them to increase the property's value through renovations. This can include anything from cosmetic changes, like painting and landscaping, to more significant structural repairs. The goal of house flipping is to complete the project quickly to maximize profits. Successful flippers often have a good understanding of the real estate market and renovation costs. They also need to manage their time and budget effectively to ensure a profitable outcome.