Make a Quick $10,000 by Flipping a Vehicle
Diversified Income Experiment | Passive Income
English - July 09, 2021 12:00 - 16 minutes - 14.9 MB - ★★★★★ - 112 ratingsInvesting Business Technology business investing entrepreneur realestate realestateinvesting marketing cashflow finance interview entrepreneurship Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Want to make a quick $10,000? Flip a vehicle! This is what I am going to talk about in this episode. I’ll share with you how I made a quick huge profit by upgrading a van and selling it. We’ll go through the specifics, from the changes I made to the costs and the profit. I’ll also talk about selling my sprinter van and why the current situation of the car industry makes flipping used cars such a great idea. Join me and listen in!
[00:01 – 02:44] Opening Segment
- Happy Fourth of July!
- Today’s topic
- Leave a review!
[02:45 – 11:37] How You Can Make $10,000 Flipping a Vehicle
- What type of Van I flipped
- Doing the math
- Cost of the van and other expenses
- Taking the back windows out
- Putting in new wheels
- Installation costs
- Having it wrapped
- Tax and registration
- Flip it!
- Why this is a great idea
[11:38 – 14:42] Selling My Sprinter Van
- Putting flares
- Doing the electrical stuff
- Buying a fridge
- Lifted suspension
- Rhino wheels
- Selling it
- The profit I made
[14:43 – 16:19] Closing Segment
- You can do it!
- Final words
Tweetable Quotes:
“I’ll tell you what, you take a van and put good-looking wheels on it, you know, wheels that kind of jack it up a little bit, and then you tint the windows, it already looks 50,000 times better.” - Keith Leimbach
“Listen, those two things, the demand in the recreational vehicles and the shortage of new vehicles are creating a unique opportunity right now.” - Keith Leimbach
I WOULD LOVE TO HEAR FROM YOU! If you have questions, comments, or want to talk about life-changing opportunities, reach out to me through LinkedIn /in/keithleimbach, send me an email at [email protected], or visit https://dincpie.com/