What does the term ‘property flipping’ refer to?

Property flipping refers to the practice of purchasing a property with the intention of quickly reselling it for a profit. This often involves making minimal improvements or renovations to increase the property’s market value before selling it again. The goal is to capitalize on the appreciation in value that occurs relatively quickly after the purchase, allowing the flipper to make a profit without holding the property long-term.

In this context, the other terms represent different concepts. For example, chunking typically refers to breaking down information into smaller parts for easier understanding or memorization and is not related to real estate practices. Churning involves repeatedly buying and selling securities to generate commissions for a broker, which does not pertain to real estate transactions. Equity theft is a term used to describe fraudulent practices aimed at unjustly removing equity from a property owner, which also differs significantly from the concept of property flipping. Thus, property flipping is the most accurate description among the options provided.