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What Property Flipping Looks Like In Our Current Economy
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What Property Flipping Looks Like In Our Current Economy
[Image: Freepic] Flipping property in South Africa sounds like easy money: buy a house, slap on some fresh paint, swap out the avocado-green bathroom tiles, and boom, profit. But in today’s shaky economy, the dream flip can turn into a financial belly flop if you’re not careful. Property flipping, at its core, is simple: buy, renovate, resell. However, the maths doesn’t always add up. According to the August FNB Property Barometer, property pric…
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