Today’s discussion is about How To Make 5k a Month Flipping 2 Cars.
A lot of people think that making 5k a month is impossible. The only limits that you have is the limits that you set for yourself. If you think you can’t do it, then you can’t. But, if you think it’s possible, then it is!
It only takes an hour a day to find deals. You don’t need a lot of money or experience to get started flipping cars. You can make 2 car flips a month to get that $5000. If you’re not making this amount of money with 2 flips, then you’re doing something wrong. I like to make at least $2500 to $3500 on each car flip.
The end goal is to at least try to double your money. You can do this when you flip cars for profit. This is not difficult to do.
The sweet spot is $6000 sell price. Once you get to the $8000 range, it gets more difficult to sell immediately.
I have a 3-part rating guide for automobiles. What are the three major parts of a car?
You have the body/exterior, interior and engine/suspension. If two out of the three are good, then you’ve got a good deal. However, if you have bad interior and mechanical, that’s too much work for you and won’t have much profit in it. I talk about that in my F1 AutoCashFormula Playbook.
Some cars only need a light detail, maybe even a buff job and you’re good. Those are the cars you want to look for.
For those of you who haven’t downloaded the FREE Manual, grab it now and learn how to start flipping cars for profit.
Try to focus on a deal of $2500 to $3000. You can get yourself a great deal at that price range, which has a value of at least $5000 to $6500 where you can double your money.
Question: What’s the most profit you gained from a flip?
I did a Chevy and profited $9000 from it. It’s an awesome feeling!
I have the F1 AutoCashFormula Playbook for those who want to read more. Check F1 AutoCashFormula 2.0 – How To Buy And Sell Your Cars. And, I also have the complete video training course, the F1 AutoCAshFormula VIP Program. For those who want the step-by-step guide in flipping cars for profit.
Question: Do you think it’s a good way for a 17-year old like me to start flipping cars?
Absolutely! I started flipping 50-cc mopeds when I was 13 years old, after quitting my newspaper delivery job and was making at least $1000 a month.
I was 15 years old when I sold my first car, and I was steadily flipping cars for profit at around 17-years old. As a teenager, I was making $5000 a month in this business.
I hope you enjoyed the show today. Join me again next Tuesday at 9pm Eastern. Don’t forget to Like, Share and Subscribe.
Next weeks’ topic will be all about you. I want to hear your story! Tell me about your car flips!