Quote:
Originally Posted by Dacotensis
I've flipped all kinds of stuff.
Cars, trucks, and even a track hoe.
I also deal in a lot of smalls.
$4k per flip just isnt happening.
I have 8 years of records to show my work.
At 4K per flip that would be over 100 deals per year to net $50k.
There's more expenses to running this type of business than just the purchase of the item.
If you're home based, there's plenty of expenses to think about.
Again. 8 years of records.
It's not easy.
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you aren't doing it right.
i sold cars for a while and i made 8k profit and up on a handful of them.
are you trying to say that you need $400,000 in revenue to make only 50K. you are doing something very very wrong