Turning $1,000 To $100,000 Part 10 - How To Handle A Bad Car Flip

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  • เผยแพร่เมื่อ 8 ก.ย. 2024
  • Learn how to get into dealer only auction without owning a dealership here: www.flippingun...
    If you purchase through this link I will get a very and I mean very small commission from it. Gracias
    P&S Detailing carpet bomber I used in video.
    amzn.to/3LNpuPh
    Turning $1,000 To $100,000 Part 10 - How To Handle A Bad Car Flip
    If you're dealing with a bad car flip, don't worry - there are still steps you can take to mitigate the damage. In this video, we'll show you how to handle a bad car flip and minimize your losses.
    First, evaluate the extent of the damage. Take the car to a mechanic or body shop and get an estimate for the repairs needed. Determine if the cost of repairs is worth the potential profit from the flip.
    Next, be honest with potential buyers. Show any known issues or damage to the car upfront. This may decrease the selling price, but it's better than trying to hide the problems and being some sleezy person
    Look to sell the car "as is". This means the buyer takes on all responsibility for any repairs needed after the sale.
    This isn't the end of the world, everyone makes this mistake at some point, you really want to aim to still sell the car and roll that into the next car flip as fast as possible.
    Finally, learn from your mistakes. Figure out what went wrong with the flip and adjust your strategy for the future. Don't let one bad flip discourage you from trying again.
    Remember, a bad car flip doesn't have to ruin your flipping career. Stay honest and resourceful, and you'll come out ahead in the end.

ความคิดเห็น • 20

  • @FlippingUniversity
    @FlippingUniversity  ปีที่แล้ว +3

    Learn how to get dealer only auction access without a dealership here >> www.flippinguniversity.net/auction

  • @JRSmith-on9mx
    @JRSmith-on9mx ปีที่แล้ว +2

    Yo this music had me doing my little dance 🔥

  • @kaylapulley7544
    @kaylapulley7544 ปีที่แล้ว +2

    Keep them coming. I sure been checking everyday for the next video.

    • @FlippingUniversity
      @FlippingUniversity  ปีที่แล้ว +2

      haha thanks, I appreciate the support. I'll definitely stay on it

  • @JRSmith-on9mx
    @JRSmith-on9mx ปีที่แล้ว +2

    Also thank you so much for getting me auction access idk where I’d be without it

    • @FlippingUniversity
      @FlippingUniversity  ปีที่แล้ว

      I got you man, I'm looking forward to seeing you pop up from it

  • @naturalsistar282
    @naturalsistar282 ปีที่แล้ว

    I love this video. I’m excited about my first flip!

  • @s.m.whiteII
    @s.m.whiteII 9 หลายเดือนก่อน

    Meguires shop at a minimum comp you some product. Keep rolling my brother💯

  • @vic1890
    @vic1890 ปีที่แล้ว

    always keeping an eye out happy to be following this series lets go!!

  • @Bonicet_Edeson
    @Bonicet_Edeson 26 วันที่ผ่านมา

    How many cars can you buy as individual? do you have a dealer license?

  • @gregorywilson-parker1619
    @gregorywilson-parker1619 4 หลายเดือนก่อน

    The link doesn't work. I have yet to get an email about any auction access

    • @FlippingUniversity
      @FlippingUniversity  4 หลายเดือนก่อน

      Hmm ok that's strange, it seems fine from my end. Here's the direct link to the video for you to see the training www.flippinguniversity.net/auctionvid

  • @Bigmike24743
    @Bigmike24743 ปีที่แล้ว

    There is always up and downs

  • @MarketingCoachKen
    @MarketingCoachKen ปีที่แล้ว

    I know you need the subs so I'll subscribe just to keep an eye out for future videos. I'll be looking out for any nice cars to hit the channel. I do consider a 2004 Camry to be a nice car. I tend to lean towards Japanese cars over anything else.

    • @FlippingUniversity
      @FlippingUniversity  ปีที่แล้ว

      I appreciate the sub, and same here man. I'd rather something reliable I could count on as a daily