Has anyone heard of "Micro-Flipping?"

[Brenda R Sullivan]

Has anyone heard of "Micro-Flipping?" Can someone explain this, please?

[Jonathan Greene]

I don't think of micro-flipping as speed wholesaling although that may be what most do. To me, micro-flipping is what I call lipstick flips. They are undervalued small houses or condos that don't need a lot of work, but too much work for a new person and not enough for a contractor to make what they want. These are ideal for AirBnb glow up renovations.

A lipstick flip is just one that needs minor cosmetic adjustments to get back on the market. When I started in real estate I usd to find a community with multiple units for sale in the same area. I would buy the lowest priced one, add new carpet and paint everwhere, maybe a couple small upgrades on cabinet handles or appliances and then put it back on the market and make 20k before the other units even sold.