No Hype. No BS. Simple strategies that work.

Win With Bulletin Boards

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Want to maximize your chances of selling your car? Target the type of customer that would purchase your vehicle and find out where those types of people hangout. Once you know where they hangout, make sure they know you have a car that’s perfect for them. One of the best ways to do that is to post on local bulletin boards.

For example, if you purchase a small vehicle that would be perfect for a college student, post a flyer on a local college bulletin board. If you have a large vehicle designed for comfort, post a flyer on your local retirement community bulletin board. Track down the people that would most be interested in your car and make your car easy for them to find and easy to buy!

Getting Deals At Auto Auctions

In Episode 10 of the 3 Hour Car Flip Podcast we’re going to be talking about using public auto auctions to buy cars that you can sell later for a profit. If you’ve never been to an auto auction you’re going to learn a little about them and if you have been to one you might just pick up a tip or two that can help you snag a deal the next time you go, because that’s what we’re all about – getting awesome deals and having fun flipping cars and making money while we do it.

And as always I’ll be answering questions from you the listeners like “Do you prefer auto auctions over Craigslist?” and “What do you say when someone asks why you’re selling your cars?”

Do you have a question that you’d like answered on the podcast? If so send your question to jeremy@3hourflip.com and I’ll try to answer it on the show!

Headlights: The Eyes of Your Car

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I’m always surprised how frequently I see people listing their cars for sale with cloudy headlights. Cloudy headlights are one of the easiest, quickest and cheap things to fix on cars, yet they make one of the largest differences in the car’s appearance. Many of your potential buyers will view your car’s headlights as your car’s eyes, which might be funny but I’ve definitely found it to be true.

I highly recommend spending a little bit of time and money restoring headlights on any cars that you intend to flip. CLICK HERE to watch a video that shows you how to restore headlights in less than 30 minutes.

Should You Buy Cars With Salvage Titles?

I’ve created a short video to answer this question sent in by Jamie: ““I see some cars listed at really cheap deals but have they salvage titles. What does that mean?”

I answer Jamie’s question as well as explain other common title types that you may run across while you’re buying and selling cars for profit. I also give my take on whether or not a car flipper should ever buy a car with a salvage title, or any car title that isn’t “clean”. I hope you find it helpful!

Do you have a question that you’d like answered either on Youtube or on the 3 Hour Car Flip Podcast? Just send a message to jeremy@3hourflip.com and I’ll try to answer your question on the show!

Mistakes I’ve Made When Car Flipping

I’m an optimist and I love talking about the bright side of car flipping, but I also want to make sure that I spend some time talking about the times that car flipping doesn’t quite go as planned. In this episode of the 3 Hour Car Flip Podcast I’ll be telling you a story about a time where a car flip went bad and I lost time and money. Hopefully you’ll learn from my mistakes and avoid my errors!

And as always I’ll be answering questions from listeners like “How do I know if a car is stolen?” and “Is it worth buying a car with a bad engine to flip?”

Would you like to submit a question to be answered on the podcast? Just send an email to jeremy@3HourFlip.com and I’ll answer your question on the podcast!

Be Willing to Walk Away

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In my experience there’s one thing that is consistent in every deal hunter – the addiction to find good deals. Something inside just compels us to go out and find a deal, and when we do there’s a huge rush of excitement. Sometimes that’s a good thing because it can drive you to a great price and you’ll make huge margins on your flips. And sometimes that’s a bad thing because you might find yourself wanting a deal so badly that you’ll leave money on the table or overpay for a car.

One way you can avoid the trap of overpaying for a car is to be willing to walk away if the seller won’t come down on price. When you go to look at a vehicle make sure you have a number in your head that is the maximum amount you’ll pay for the car and stick to that number. That helps to keep the part of you that’s craving a deal at bay so that you can make a rational, emotion-free purchase. If you don’t get the car for the number that you had in your head, just walk away. Say to the seller “Thanks for showing me the car but I’m only willing to pay $X for it. I have the cash and can buy right now, but I understand if you won’t take that for it.” Then leave. Sometimes that will be the end of the story and you’ll never hear from the seller again….but sometimes the seller will take your offer on the spot. You’d be surprised how often you’ll get a text or phone call on the drive home from the seller that has reconsidered and is now willing to take your offer.

How to Sell Your Cars for the Highest Price

In this episode of the 3 Hour Car Flip Podcast we’ll be talking about maximizing the amount of money that you get for the cars that you’re car flipping. There are a few things that you can do that don’t cost much time or money that can really help you make more money on the cars that you’re selling.

And I’ll be answering questions from listeners just like you like “Should I buy tires for cars that I’m flipping?” and “I noticed an ad that was listed by a dealer that made me suspicious. The ad was for a 2010 Toyota Tacoma that only had 89,000 miles and had a $4000 sale price. Do you think that ad was legit?”

Would you like to have a question answered on the podcast? Send an email to jeremy@3hourflip.com to get your question answered on the show!

Find a Private Mechanic

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One of the quickest ways to lower your repair expenses is to find a private or retired mechanic that won’t charge you high prices for repairs. I found my private mechanic on Craigslist by just posting an ad like the one below.

AD TITLE: Looking for a reliable mechanic

AD DESCRIPTION: I’m a car flipper and I’m looking for a reliable mechanic that wants part time work. You must have at least 10 years experience in the mechanical repairs. I can bring the cars to your garage. Please call or text XXX-XXXX.

A retired mechanic that used to work for a Toyota dealership replied to my ad and we hit it off. His rates have been a fraction of the normal price and all of his repairs have been excellent. He’s even helped me find great deals on used parts.

How to Beat the Competition on Craigslist

Well, let me start by telling you something you already know – you aren’t the only person out there trying to find a deal. In this podcast I’m going to be discussing how you can beat the competition on Craigslist. I’ll also be answering questions sent in by you like “could I flip a car in every state?” and “what does your wife think about your car flipping business?”.

Things I’ll be covering:

  • Using push notifications from your smartphone app
  • Why you should always call instead of email
  • How to let the seller know you’re serious
  • Meet the seller ASAP
  • Be ready to buy
  • Should you drive out of your way for a car flip?

Make sure you subscribe to this podcast so you’ll always receive the newest episodes!

Love Little Lots

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If you’re not bringing in the values that you want for the cars that you’re selling, you might consider standing out more by placing it directly in front of the public. One of the best places to sell your car is little lots on the side of the road. I’ve arranged deals with small storage facilities on the sides of busy roads that let me place my cars there for just $50 per month. In almost every case, the cars that were placed near busy streets would bring higher sale prices than cars that were only posted on Craigslist.

Are there any little lots or storage facilities near you that are on busy streets? Maybe you should consider contacting them and asking how much they would charge to allow you to park your cars for sale there.

How to Avoid Scams

In this episode of the 3 Hour Car Flip Podcast we’ll be discussing how to avoid scams when car flipping. You’ll attract scammers when you flip cars and you’ll need to make sure you know how to spot them so you don’t get taken advantage of.

And as always I’ll be answering questions from you like “Jeremy, in California we’ve got a 10% sales tax. Wouldn’t that eat up all of my margin?” and “what should I do when a car won’t sell?” You guys always have the best questions and today is no exception!

Do you have a question that you would like answered on the 3 Hour Car Flip Podcast? Just send an email to jeremy@3hourflip.com with “question” in the subject and I’ll answer your question on the show!

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