What does "property flipping" refer to?

Property flipping refers to the process of buying a property, making improvements, and then selling it quickly for a profit. This strategy is often employed by investors who seek to capitalize on short-term market trends or who can enhance a property's value through renovations and upgrades. The goal is to purchase the property at a lower price, add value through improvements, and then sell it for a higher price, ideally within a short timeframe.

This approach requires a keen understanding of the real estate market, renovation costs, and the ability to execute improvements efficiently. It is a high-risk, high-reward strategy that relies heavily on market conditions and the investor's ability to manage time and resources effectively.

In contrast, other choices like buying a property with no intention of selling, engaging in a slow method of investment, or focusing on a long-term rental strategy do not align with the concept of flipping, which is characterized specifically by the intent to quickly resell for profit.