In both cases (house flipping and site flipping), you buy something, make improvements and sell it quickly for more than your costs. But that’s where the similarity ends. Look at this analysis. How to flip a house: • Find a house selling at a discount (you’re looking for a bargain price, a house worth more than the asking price) • Make repairs and simple improvements • Sell the improved house for a profit Yes, you can make several thousand dollars flipping a house, but it takes weeks or months to make repairs and upgrades so you can sell it for a profit. And you have to invest... [...]