Real estate investing in house flipping is considerably different in today’s market. Not so long ago, house flipping was one of the more profitable real estate endeavors. Today, it takes a savvy investor to flip a house and make a quick profit. In this type of real estate investing, distressed properties in need of repair are purchased under market value. Chances are you have seen television shows featuring real estate investors who purchase fixer-upper homes. They make repairs and renovations, than sell the house within a short period of time for a large profit. Although it isn’t quite as easy as the shows portray, house flipping can be a rewarding and profitable investment strategy.