Fix & Flip leads refer to properties that are typically outdated, damaged, or in poor condition, but have strong potential for resale after renovation. These properties are attractive to investors who specialize in purchasing homes below market value, upgrading them with repairs and modern finishes, and then reselling them at a higher price.
The profit comes from the increased post-repair market value. Successful fix and flip opportunities rely on accurate property valuation, renovation budgeting, and market timing.