Property flipping is a real estate investment strategy where an investor buys a property, makes improvements, and then sells it for a profit. This process often involves purchasing distressed or undervalued properties, renovating them, and marketing them to potential buyers. The goal is to increase the property's value significantly within a short time frame. Investors typically focus on properties in desirable locations or those that can be easily upgraded. Successful flipping requires knowledge of the real estate market, renovation costs, and effective marketing strategies. While it can be profitable, it also carries risks, such as unexpected repair costs or market fluctuations.