Benevolent Flipping

What is Benevolent Flipping?


1.

Flipping property in a neighborhood not merely for the purpose of profit, but with a priority of improving the neighborhood.

One who does this would be a "benevolent flipper."

Some slumlord offered John $20k for his house, but he sold it to the city for $17k so it would be a rainwater garden instead of yet another North Minneapolis crack house. It's called "benevolent flipping."

Source: This phrase was used by a guy interviewed on NPR, All Things Considered, in early August, 2008, to describe what he does.

See real estate, flipping, slumlord, property


70

Random Words:

1. the act of eliminating people that should not be on the planet. Stupid religious fucks deserve to be retroactively aborted...
1. A word for remote control when you can't remember the words "remote control". You can spell it "dubris" if you&..
1. Getting so stoned out of your mind that you think that you are really a cartoon character. Dude, I can't wait to get off of work a..