Property Flip
Growing Your Capital
A Property Flip in short is buying and selling a property at a Profit. When done effectively, it is a great way to generate capital growth as opposed to generating an income.
If you use this method of capital growth alongside building an income generating buy to let portfolio, you will essentially never run out of cash. Your buy to let portfolio will pay you an income each month, while the Flips will generate lump sums of cash to reinvest into your portfolio.
Some properties are not necessarily a good buy to let property, but they could be great sell on therefor a better property for a Flip.
Example
Purchase Price - £130,500
Refresh - £20,000
Re-Sale Price - £195,000
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