What term is used to refer to an investor's purchase of property with the intent to sell it quickly for a profit after making improvements?

The term that describes an investor's purchase of property with the intent to sell it quickly for a profit after making improvements is known as property flipping. This practice involves buying a property that may be undervalued or in need of renovation, making enhancements to increase its market value, and then reselling it in a relatively short timeframe for a profit.

This strategy capitalizes on the potential for quick returns and requires a keen understanding of the real estate market, renovation costs, and how to appeal to prospective buyers. Investors engaged in property flipping often rely on their ability to identify properties that can be improved at a cost-effective rate, thus positioning themselves to maximize profit margins on resale.

In contrast, real estate speculation typically involves holding properties for a longer period, betting on market appreciation without necessarily making improvements. Long-term investment refers to a strategy focused on maintaining properties for rental income or long-term appreciation rather than quick turnover. Income property acquisition deals with purchasing properties primarily for generating ongoing rental income rather than immediate resale.