My 2 cents 1. Get a mini van like Toyota, honda gets way better mpg than a truck and high interior can load a lot 2. Look for free on Craigslist, Facebook and ask what's wrong. Then know If you want to fix, are capable of fixing or part out in ebay. 3. Ebay selling parts items can get you more than selling working units , but takes more work to tear down and put it bins, then shipping process 4. Free are way go until might buy from a warehouse in bulk. But that take a large $ to by a truck load. 5. If you don't have space at your home, look into renting a storage unit to store and repair. 6. Get a vehicle that can deliver or a trailer . Get a good appliance dolly and portable lift table to lift heavy units . Most sales will come from people who need delivery as they don't have a big enough vehicle 7. If you scrap appliances strip them of good parts and copper. Get a copper wire stripper. I do as a side hustle on days off and get around $1500-2000 month.
I’ve worked at a big box retailer for 28 years, and I’ve handled enough appliances to last a lifetime. It’s hard to estimate how many good, still working appliances have been destroyed over the years. People like to buy the matching set, so they get rid of both the old ones. It’s a shame! Drivers hate haul aways so if you could get them beforehand, everyone wins. I’ve hauled off whole apartment complexes full of appliances, almost all of which still worked. And they all got crushed. They are out there if you keep your eyes open. And that’s a good tip about the roach infested refrigerators. They like to build nests around the warm compressors, so if you see a few, there’s probably a whole lot more.
I do junk removal professional and licensed and i can't tell you how many customers would tell me their stuff worked and i just took it to the scrapyard because i already had the money and it took me about a year before i realized the money i was leaving on the table ... learned repair on the job trying to get into some advanced repair now looking fornthe vids
Howdy, I flip washers and dryers in OKC for my retirement side hustle. Before I was an Appliance Repair Technician for 8 years. Now-a-days, I flip 2-3 a week. I get almost all of my inventory for free. Right now, I have 18 awaiting repairs and resale. I have 3 (2 Washer and 1 Dryer) ready for sale. The market here in OKC is $150 -$170 each with delivery and 30 day warranty. Above that amount, it's a tough sale. Repairs are typically easy for me and I have a ton of scrap parts. I get a lot of GE's that the bottom sheet metal was rubbing on the flywheel (past 2 dolly mistakes), otherwise in perfect condition. I cut the bottom sheet metal out and sell the machines the next day for $149.
Dont be afraid of bad gearcase. Its possible to repair the . Drill the rivets out. And separate it. And replace the bearings and on whilpool gearcase. Drain the oil and refill with grease
I chase down the delivery guys like the ice cream truck lol. The best way to learn about appliances is to take them apart. Even if you decide the unit is not worth repairing, you get lots of parts to use for other repairs. My personal favorite these days is to buy them on Facebook from people who either upgraded or already can tell you what the problem is, and you can buy them for way less than wholesale prices, all it costs it some drive time. Scrappers damage too many machines, so I prefer delivery crews like I said. Even if you feel morally questioned about that, I have done plenty of deals where I will give them cash, and an old unit to take back as the "trade in/pick up".
Such a useful Video ! Thank you so much Ben. I just bought 34 scratch and send refrigerators and try to start the business, the. The quality is nice but I found out there are lots of things to do. Do you have anyone to recommend in Orlando FL? We are taking serious on this business considering the growing population here. Your help is highly appreciated
I had a guy working for me who messaged me "someone's giving away a stove by my house." I said "grab it." He said "I don't think I can load it by myself." I said "don't be a free-range chicken."
Fun fact, the EU has a law that since march, all appliances have to have spare parts manufactured for x years (I think 10) after the product is discontinued!
The manufacturers will just increase their prices to make up for this extra cost. Government regulation is not the answer. Free markets are the answer aka competition
Is verify that you are getting proper voltage to the control board itself period from there, I would suggest buying an ESR metre and start testing your capacitors. Very frequently a capacitor or 2 could be bad which would provide the need Ed voltage to the display panels. Very cheap fixes on what would otherwise be a very expensive board to replace
Big thing is going to be water and power. Without easy access, you're gonna fight a battle. You want to make sure that you can add water to the location easily for additional washer test bays, as well as add more hookups for stoves and dryers. The more you can test on the line, the faster you can flip... You want at least 2 washer bays and 2 stove/dryer bays that can run constantly. That means if you have, say, a 100 or 150a panel, its not good. When you add heat/HVAC/lighting for the building, you could even be hitting 200a at times, which could be a problem depending on size of building (refrigerators need electric too!). Heck, the lights are flickering at my shop right now trying to run a chop saw and 2 washers off the same breaker. We have room to add more, but its CRITICAL you look at these things first. Dropping new electric/panel can get the prices to rise really fast. Location? Not a big deal unless you sell new. People tend to be willing to drive for appliances to save money, so this makes it advantageous to get deals outside of well-trafficked areas. After this, how hard is loading/unloading appliances, both for you and customers? How can you load if you had to by yourself? I think its a good question to consider, too. Most customers can't load themselves and will rely on you... Usually w/o a trailer. What will the showroom look like, or will you at all? Ultimately, you can run a refurn shop in a total dump if it has water and electric, those are the most important and the rest is tangental... I ran mine out of a junky falling-apart wearhouse. My current shop is in and old church. But it has 2 electric drops and we were able to do whatever we wanted/needed with water, so my bills are really, really cheap. Shop is out of the way, but we sold $4,400 today because no one cared to drive awhile.
@@bensappliancesandjunk Appreciate the detailed response! Those are things I wouldn’t have thought about at all. I’ll be selling scratch and dent from truckloads so I don’t need a top tier location either.
Great video! I bought a maytag washer model number mvwc465hw2 about two months ago and it sounds like it has some coins or something in it when it spins. Do you have a video on how to remove coins from the tub? Thanks so much.
Dude you are a life saver. I am repairing appliances for another firm right now but will be launching my used appliance store in March 2022. By any chance would you be interested in a consultation opportunity?
Wow awsome make America great again thx bro great ideas to provide for the family God bless keep working in ur gifts God will honor u also take some time n money n invest in kids set aside e a budget ull make a difference lots of crime is a result cause kids get neglected by their own family n misled by scavengers looking for scapegoats to do their evilness...example Chicago losangeles Detroit Houston NYC Tampa Philiy on n on these places make America look like Afghanistan its a joke enough don't take up position...thx keep up the great work God bless plz help start where ur God bless
BEN IN REGARDS TO WASHING MACHINES HOW DID YOU TEST THEM TO SEE IF THEY WERE WORKING INTIALLY? I DON'T KNOW OF ANY PLACES I COULD RENT WITH THE APPROPRIATE PLUMBING TO HOOK UP THE WASHERS ALSO IN REGARDS TO THE REFRIGERATORS, STOVES, AND WASHERS, ARE YOU MOVING THOSE ALONE OR DO YOU HIRE HELP?
8:50 "AN AN AN" (not A) extremely good deal..." 9:35 "AN AN AN (not A) actual prime haul-away contact..." Great information, don't mangle it with bad grammar.
@@bensappliancesandjunk My name is jorge and I contacted you few weeks back, about if you will have mechanic washers for sale as is, I can pay you 35 per each, I will need 50 to 60
@@jorgepalma8292 I read it wrong. I would never sell washers to anyone at $35 untested, much less mechanical washers. I've seen wholesale volume pricing on units from huge distor centers, and honestly, you will NEVER find them for $35/ea unless you have the prime haulaway contract, then you aren't going to get the choice of what you prefer. Wholesale mechs are $60+ S&H.
My motto.... buy at $65, sell at $365. Although, I'd never sell a set under $395..... my minimum nowadays is $450 but if I get something for cheap or free, I'd sell it for $395. Don't be afraid to set that price up over $400, you can always go down in price. In the DFW area I sell sets all day, every day for $450-$600. Normally, the haul away drivers will almost always want you to buy most everything they have, so like for me, I only sell washers and dryers, so I had to get creative. How creative can YOU get? I took most of May off but back to making money.
If I was in a big city, I'd definitely be at $400+ on any WD set. Unfortunately, I'm in a podunk town, and Columbus OH has a LOT of competition and prices are... oddly.... deflated for some reason.
@@bensappliancesandjunk I live in a large metroplex but I try to not sell around me. lol I try to sell to the podunk towns. If I sell a regular sized tub Whirlpool/Kenmore/Maytag set around me, I can get $450 easy and if they want it delivered and set up $49 for a total of $499. But if I sell to the podunk towns around me, A) I get to not drive in traffic, mostly country driving. B) Very rarely any tolls. C) I can sell it delivered for a total of $550. So it's the opposite here, I can make more in the podunk towns and not near as much in the city. If I sell in the city, I can only get $499 total minus gas, minus high priced tolls and minus my nerves dealing with idiots in traffic. lol I'd rather drive 2 hours in the country than 30 minutes in the city. There is a guy up north of me, out in the country and he gets as much for 1 piece as I do for a set and he doesn't give a warranty over 24 hours. lol He sells the heck out of appliances.
Good gravy. I resell and flip and no one ever will pay over $200 unit even from top line and most won't pay over $100 per working unit. I get more money parting out than selling working units and I get units for free off Craigslist and facebook. People are buying used for a reason because they can't afford new. And paying $365 per unit is absurd ridiculous, no one will pay that on Craigslist or Facebook especially. Just got look on Facebook and Craigslist of working units in your area most are $100 a unit or less.
@@dylano7242 That's odd, in the last week I've sold 17 sets (I'm out or else I would have sold more). The week before I sold 9 sets. I love being absurd and ridiculous as I drive to the bank to make a deposit (actually my wife deposits the money but I wanted to sound cool). I do look on Facebook and see those low prices, I'm just glad people buy those few cheap sets and then buy the good, high priced sets from me after those cheap ones are gone! Craigslist? I think I posted on there in 2013 a couple of times.... just not my kind of people. They too cheap. I have a set sold today ($625) and 2 sets sold for tomorrow already ($599 & $675). I'd have more sold but I can't get them ready fast enough. I'm sorry if you suck at selling but don't say no one will pay it because I'm living proof....
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My 2 cents
1. Get a mini van like Toyota, honda gets way better mpg than a truck and high interior can load a lot
2. Look for free on Craigslist, Facebook and ask what's wrong. Then know If you want to fix, are capable of fixing or part out in ebay.
3. Ebay selling parts items can get you more than selling working units , but takes more work to tear down and put it bins, then shipping process
4. Free are way go until might buy from a warehouse in bulk. But that take a large $ to by a truck load.
5. If you don't have space at your home, look into renting a storage unit to store and repair.
6. Get a vehicle that can deliver or a trailer . Get a good appliance dolly and portable lift table to lift heavy units . Most sales will come from people who need delivery as they don't have a big enough vehicle
7. If you scrap appliances strip them of good parts and copper. Get a copper wire stripper.
I do as a side hustle on days off and get around $1500-2000 month.
Thanks Dylan, this is all really helpful. I'm looking to get into flipping appliances as a hobby
Getting the hook up with the appliance delivery drivers is a great tip. Doing that brought so much nicer inventory into my store.
I’ve worked at a big box retailer for 28 years, and I’ve handled enough appliances to last a lifetime. It’s hard to estimate how many good, still working appliances have been destroyed over the years. People like to buy the matching set, so they get rid of both the old ones. It’s a shame! Drivers hate haul aways so if you could get them beforehand, everyone wins. I’ve hauled off whole apartment complexes full of appliances, almost all of which still worked. And they all got crushed. They are out there if you keep your eyes open. And that’s a good tip about the roach infested refrigerators. They like to build nests around the warm compressors, so if you see a few, there’s probably a whole lot more.
I do junk removal professional and licensed and i can't tell you how many customers would tell me their stuff worked and i just took it to the scrapyard because i already had the money and it took me about a year before i realized the money i was leaving on the table ... learned repair on the job trying to get into some advanced repair now looking fornthe vids
Where are you from I'm looking for junk yard to buy appliances
Very great video. Informative and very accurate. Thank you boss
Nice video, I've been doing appliance repair for 20+ years and was thinking about getting into flipping. This video helps!
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Same. Been a solo tech for a long time thinking about selling parts on eBay
@@RR-vu3ol Good luck with everything
@@Thomasappliance thanks, you too
Woah 20 years that’s good, I only have 6 years at age 17 but I still more to learn. Keep up the work
Howdy, I flip washers and dryers in OKC for my retirement side hustle. Before I was an Appliance Repair Technician for 8 years. Now-a-days, I flip 2-3 a week. I get almost all of my inventory for free. Right now, I have 18 awaiting repairs and resale. I have 3 (2 Washer and 1 Dryer) ready for sale. The market here in OKC is $150 -$170 each with delivery and 30 day warranty. Above that amount, it's a tough sale. Repairs are typically easy for me and I have a ton of scrap parts. I get a lot of GE's that the bottom sheet metal was rubbing on the flywheel (past 2 dolly mistakes), otherwise in perfect condition. I cut the bottom sheet metal out and sell the machines the next day for $149.
Great video, Ben. Nice to see your success.
Thanks for sharing your thoughts 😍
My new side hustle
Great video Ben! Good seeing you.
Great video Ben! You are a great inspiration
Never thought that flipping can be so good as business. Nice info
Really appreciate your videos
Dont be afraid of bad gearcase. Its possible to repair the . Drill the rivets out. And separate it. And replace the bearings and on whilpool gearcase. Drain the oil and refill with grease
Awesome video great value
I chase down the delivery guys like the ice cream truck lol. The best way to learn about appliances is to take them apart. Even if you decide the unit is not worth repairing, you get lots of parts to use for other repairs. My personal favorite these days is to buy them on Facebook from people who either upgraded or already can tell you what the problem is, and you can buy them for way less than wholesale prices, all it costs it some drive time. Scrappers damage too many machines, so I prefer delivery crews like I said. Even if you feel morally questioned about that, I have done plenty of deals where I will give them cash, and an old unit to take back as the "trade in/pick up".
70% of my source now are haulaway guys. Most of the remainder are trade-ins. Its a good gig.
I love vintage avocado appliances
Oh, you’re the one! :)
Such a useful Video ! Thank you so much Ben.
I just bought 34 scratch and send refrigerators and try to start the business, the. The quality is nice but I found out there are lots of things to do. Do you have anyone to recommend in Orlando FL? We are taking serious on this business considering the growing population here.
Your help is highly appreciated
Such a handsome teddy bear
hey there! you want to buy our dryer that needs repaired? it still dries clothes but the drum is miasing a part and needs work done it.
Nice
I had a guy working for me who messaged me "someone's giving away a stove by my house." I said "grab it." He said "I don't think I can load it by myself." I said "don't be a free-range chicken."
Fun fact, the EU has a law that since march, all appliances have to have spare parts manufactured for x years (I think 10) after the product is discontinued!
Guarantee LG, Samsung and GE will ignore that regulation.
The manufacturers will just increase their prices to make up for this extra cost. Government regulation is not the answer. Free markets are the answer aka competition
Great Info. Im just getting started and have display units which are dead. What's the best was to troubleshoot and fix? Thanks Ben
Is verify that you are getting proper voltage to the control board itself period from there, I would suggest buying an ESR metre and start testing your capacitors. Very frequently a capacitor or 2 could be bad which would provide the need Ed voltage to the display panels. Very cheap fixes on what would otherwise be a very expensive board to replace
@@bensappliancesandjunk Do you have any video's on this process. Can't find anything on YT
Great information!!! I watched an older video on you buying a truck load of inventory. Was that not profitable for you?
Thanks for the vid! What are some things to look for when opening a location. In the process of looking know but not sure.
Big thing is going to be water and power. Without easy access, you're gonna fight a battle. You want to make sure that you can add water to the location easily for additional washer test bays, as well as add more hookups for stoves and dryers. The more you can test on the line, the faster you can flip... You want at least 2 washer bays and 2 stove/dryer bays that can run constantly.
That means if you have, say, a 100 or 150a panel, its not good. When you add heat/HVAC/lighting for the building, you could even be hitting 200a at times, which could be a problem depending on size of building (refrigerators need electric too!). Heck, the lights are flickering at my shop right now trying to run a chop saw and 2 washers off the same breaker. We have room to add more, but its CRITICAL you look at these things first. Dropping new electric/panel can get the prices to rise really fast.
Location? Not a big deal unless you sell new. People tend to be willing to drive for appliances to save money, so this makes it advantageous to get deals outside of well-trafficked areas.
After this, how hard is loading/unloading appliances, both for you and customers? How can you load if you had to by yourself? I think its a good question to consider, too. Most customers can't load themselves and will rely on you... Usually w/o a trailer. What will the showroom look like, or will you at all?
Ultimately, you can run a refurn shop in a total dump if it has water and electric, those are the most important and the rest is tangental... I ran mine out of a junky falling-apart wearhouse. My current shop is in and old church. But it has 2 electric drops and we were able to do whatever we wanted/needed with water, so my bills are really, really cheap. Shop is out of the way, but we sold $4,400 today because no one cared to drive awhile.
@@bensappliancesandjunk Appreciate the detailed response! Those are things I wouldn’t have thought about at all. I’ll be selling scratch and dent from truckloads so I don’t need a top tier location either.
Great video! I bought a maytag washer model number mvwc465hw2 about two months ago and it sounds like it has some coins or something in it when it spins. Do you have a video on how to remove coins from the tub? Thanks so much.
Do you have a oven door for a Crosley electric oven?
Not at this time
Dude you are a life saver. I am repairing appliances for another firm right now but will be launching my used appliance store in March 2022. By any chance would you be interested in a consultation opportunity?
Sure! Reach out to me when you can and I sure we can do something
Who is a good wholesalers in the south east
just to disconnect a washing machine this place called Toronto decorating charged us $850
Hopefully you laughed in their face and told them to leave
Wow awsome make America great again thx bro great ideas to provide for the family God bless keep working in ur gifts God will honor u also take some time n money n invest in kids set aside e a budget ull make a difference lots of crime is a result cause kids get neglected by their own family n misled by scavengers looking for scapegoats to do their evilness...example Chicago losangeles Detroit Houston NYC Tampa Philiy on n on these places make America look like Afghanistan its a joke enough don't take up position...thx keep up the great work God bless plz help start where ur God bless
You look just like another TH-camr the laundromat guys and car wash. His name is Brandon I remember.
That is his brother
how many square feet is your store?
Please tell me you are related to Brandon at Investment Joy youtube channel.
Yes, he's my twin brother
@@bensappliancesandjunk I'm so glad. Feels good to complete that loop!
BEN IN REGARDS TO WASHING MACHINES HOW DID YOU TEST THEM TO SEE IF THEY WERE WORKING INTIALLY? I DON'T KNOW OF ANY PLACES I COULD RENT WITH THE APPROPRIATE PLUMBING TO HOOK UP THE WASHERS
ALSO IN REGARDS TO THE REFRIGERATORS, STOVES, AND WASHERS, ARE YOU MOVING THOSE ALONE OR DO YOU HIRE HELP?
The parts is expensive 😫..more than fix
Hi I like your video, are you still in business???
For the rythm
Please add a Patreon page or something, this is way too valuable to be free!
8:50 "AN AN AN" (not A) extremely good deal..."
9:35 "AN AN AN (not A) actual prime haul-away contact..."
Great information, don't mangle it with bad grammar.
I didn't have a teleprompter 2 years ago when I filmed this...
I can pay you $35.00 for each mechanic washer as is would you be interested?
Do you live close enough to me to make that viable?
@@bensappliancesandjunk
Where do u live?
@@jorgepalma8292 Central Ohio USA
@@bensappliancesandjunk
My name is jorge and I contacted you few weeks back, about if you will have mechanic washers for sale as is, I can pay you 35 per each, I will need 50 to 60
@@jorgepalma8292 I read it wrong. I would never sell washers to anyone at $35 untested, much less mechanical washers. I've seen wholesale volume pricing on units from huge distor centers, and honestly, you will NEVER find them for $35/ea unless you have the prime haulaway contract, then you aren't going to get the choice of what you prefer. Wholesale mechs are $60+ S&H.
My motto.... buy at $65, sell at $365.
Although, I'd never sell a set under $395..... my minimum nowadays is $450 but if I get something for cheap or free, I'd sell it for $395. Don't be afraid to set that price up over $400, you can always go down in price. In the DFW area I sell sets all day, every day for $450-$600.
Normally, the haul away drivers will almost always want you to buy most everything they have, so like for me, I only sell washers and dryers, so I had to get creative. How creative can YOU get?
I took most of May off but back to making money.
If I was in a big city, I'd definitely be at $400+ on any WD set. Unfortunately, I'm in a podunk town, and Columbus OH has a LOT of competition and prices are... oddly.... deflated for some reason.
@@bensappliancesandjunk I live in a large metroplex but I try to not sell around me. lol I try to sell to the podunk towns. If I sell a regular sized tub Whirlpool/Kenmore/Maytag set around me, I can get $450 easy and if they want it delivered and set up $49 for a total of $499. But if I sell to the podunk towns around me, A) I get to not drive in traffic, mostly country driving. B) Very rarely any tolls. C) I can sell it delivered for a total of $550. So it's the opposite here, I can make more in the podunk towns and not near as much in the city. If I sell in the city, I can only get $499 total minus gas, minus high priced tolls and minus my nerves dealing with idiots in traffic. lol I'd rather drive 2 hours in the country than 30 minutes in the city. There is a guy up north of me, out in the country and he gets as much for 1 piece as I do for a set and he doesn't give a warranty over 24 hours. lol He sells the heck out of appliances.
Good gravy. I resell and flip and no one ever will pay over $200 unit even from top line and most won't pay over $100 per working unit. I get more money parting out than selling working units and I get units for free off Craigslist and facebook.
People are buying used for a reason because they can't afford new. And paying $365 per unit is absurd ridiculous, no one will pay that on Craigslist or Facebook especially. Just got look on Facebook and Craigslist of working units in your area most are $100 a unit or less.
@@dylano7242 That's odd, in the last week I've sold 17 sets (I'm out or else I would have sold more). The week before I sold 9 sets. I love being absurd and ridiculous as I drive to the bank to make a deposit (actually my wife deposits the money but I wanted to sound cool). I do look on Facebook and see those low prices, I'm just glad people buy those few cheap sets and then buy the good, high priced sets from me after those cheap ones are gone! Craigslist? I think I posted on there in 2013 a couple of times.... just not my kind of people. They too cheap. I have a set sold today ($625) and 2 sets sold for tomorrow already ($599 & $675). I'd have more sold but I can't get them ready fast enough. I'm sorry if you suck at selling but don't say no one will pay it because I'm living proof....
@@lilolme69 jeez where do you keep so many units? you must have a huge warehouse