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I'd hesitate to call that "flipping", then. Flipping real estate is usually meant to be a short term process to extract quick profit, not a decades long wait.
by noodle 15y ago
I'd hesitate to call that "flipping", then. Flipping real estate is usually meant to be a short term process to extract quick profit, not a decades long wait. That would be "investing".
- ynniv 15y agoTo me, investing is putting it to good use. Buying it cheap, paving it, and waiting to sell high is not "investing". Again, that could just be perspective.