Flipping is a quick resale of real estate after renovation and improvements. The changes can be different, depending on the seller’s wishes: some seriously invest in real estate, others limit themselves to minor alterations.
In any case, there are practically no risks: there will certainly be a profit. But its size depends on how the flipper assesses the potential attractiveness of the property, how universal the renovation will be and how much money will be invested. Market fluctuations should also be taken into account, although in recent years housing has been steadily growing in price.