EP 136: Where to start? 3 Easy First Flip Opportunities! (video version)
I know you can find vehicles all over the place – and I know I have told you this before – but let’s make it simple – simple – simple! Take a walk! Keep you head on a swivel. Look for that vehicle with the flat tire, the grass up around the tires, the expired tag and/or the season’s worth of dirt, leaves or other tell-tale sign of non-use. NOW – go to the door and knock! I know I have said use a post-it note or business card before – but let’s take it to the next level and get this thing rolling. Knock on the door and get this conversation started. …When they open the door – say – “Hi, I saw the vehicle in your drive with the expired tag/flat tire/etc. and want to know if you are interested in getting rid of it” DO NOT SOUND ANXIOUS TO BUY IT – they may wind up giving it to you or even paying you to tow it away. IT Happens. Remember, we are trying to do this for $500 or less – so we need to start off with as little out of pocket as possible. Once you get the conversation started – keep that in mind. Only buy what will make you money. Do not be afraid to walk away. You hold all the cards.
#2 “Make a difference in someone’s life!”
You may need to make about 5 of these visits before you find an opportunity, but once you do – it will very likely lead to repeat opportunities and very likely without competition. Find a charitable organizations. Depending on the population of your area – you will find a lot to choose from. Normally – I would use the phone and possibly email to get this thing going – BUT today we are talking about taking action – so I am encouraging you to find 5, look up their address and drive there. Go inside and ask something like this “Do you accept vehicles as donations for fundraising for your organization?” …I recognize this is a little misleading – but my goal is to speak to the person who is on the actual receiving end of this donation. Hopefully the person you ask the question of will access that person and get them in to the lobby for you or at least provide you their name and number. NEXT – explain that you are interested in BUYING their donated vehicles as-is where-is. You are the CASH button that they need to get out of the headache of owning a donated vehicle that is really of no value to them until they push that CASH button! Again – remember that you are here to make a profit – so ONLY BUY what will do that for you and ONLY PAY a price that will result in that conclusion. Be fair – but be smart. Once you create this solution for them, you will be on the speed dial the next time they get a vehicle donated to their organization!!
#3 “Partner Up!”
Look for a small car lot or a mechanic shop and stop in. tell them you are trying to get involved with flipping cars, but are not quite ready to get a dealer’s license yet. Tell them you are looking for a vehicle that you can put a little sweat equity into and sell it for a gain. Ask if they “have anything they would be willing to be partners with you on”. This will likely be a unique offer to them – because most flippers just want to steal the deal, fix it and keep all the profits for themselves. Remember – you want to do that too – but part of what you want from them is the contact and the wealth of their knowledge and connections. That part of the equation can be worth way more than the profits on one $500 flip car. Like I said, you may need to make trips to 5 different places – and you may need to make multiple stops at one place to build rapport and trust – but it can be very, very valuable time invested!
Be sure to visit www.FlippinGenius.com to hear all 136 episodes; visit the Flipping Genius RESOURCES PAGE where you can Save Big and Learn More! SUBSCRIBE to the Flipping Genius YouTube Channel and become a Flipping Team Member, Partner or Champion! --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support
Weitere Episoden von „Flipping Genius - THE Car Flipping podcast #CarFlipping #FlippingCars“
EP 146: BECOMING You (Part 1 of 2)
46:48Flipping Genius Host Randy Lee strives to live life to its fullest! Along the way, Randy has BECOME over 45 different things in this life! Starting as a BusinessBOY at age 10 and winding his way through a variety of callings, professions and business ventures - each time BECOMING more while drawing on what he had BECOME before. In Episode 146 (and 147) Randy shares his journey as an example for all Flippers. We hope these episodes will encourage you to take initiative, strive for your dreams and plot your course in the most effective (and enjoyable) way possible! We invite you to ask Asher more questions here, at our website (www.FlippinGenius.com) and at the Car Flipping Forum. Reach out to Randy any time at [email protected] --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support
EP 145: Conversation with Asher Crosby - a licensed auto dealer & successful Flipper (at the age of 20)
36:30Asher Crosby joins Randy Lee on Episode #145 to discuss how he is building a successful automotive sales business at the age of 20. Asher discusses the methods and resources he has developed to sell nearly 150 flips in the past 24 months "without ever touching an auction." Asher Crosby is an active member of the Flipping Genius Car Flipping Forum. He generously shares his ideas and input with members on the forum. Asher discloses some ideas about BROKERING deals that we have yet to explore on Flipping Genius. His methods for locating deals using Nationwide Searching also will open some eyes. We invite you to ask Asher more questions here, at our website (www.FlippinGenius.com) and at the Car Flipping Forum. Reach out to Randy any time at [email protected] --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support
Verpasse keine Episode von “Flipping Genius - THE Car Flipping podcast #CarFlipping #FlippingCars” und abonniere ihn in der kostenlosen GetPodcast App.
EP 144: EVERYTHING Leads to Everything Else - A look at CARVANA and the effect that the mid-term US Election may have on all of us...and Everything else too!
29:10In the 144th episode, we address issues of current interest to members of our Car Flipping Forum (and car dealers and flippers everywhere) - like the SOFTENING OF THE USED CAR MARKET, the potential TROUBLE AT CARVANA and other massive used car dealers who may have OVERPAID and/or OVEREXTENDED THEMSELVES. We discuss how misfortune and miscalculation by these competitors could open doors of OPPORTUNITY to flippers who recognize the value of buying sensibly. We discuss the potential struggles on the horizon not only from the ABUNDANCE OF USED CARS THAT COULD OCCUR in the next six to 9 months, but the effect that RECORD SETTING INFLATION could also have on all of our businesses. We thank those of you who have contributed directly or indirectly to this episode and encourage more of you to get involved at the Car Flipping Forum (It is FREE!) or by reaching us via email at [email protected] If you have something you'd like to share on a future episode, be sure to contact us at [email protected] If you want to learn more about flipping and all we do at Flipping Genius, the best place to look is www.FlippinGenius.com. There, you will find link to all of our coaching and support programs, our Resources page, Our YouTube Channel, Our Podcast (of course), Our Blog and much more!! Please SAVE us as a favorite. Please SHARE us wherever you can. Please SUBSCRIBE to our YouTube Channel. Please SUBSCRIBE to our podcast too so you can gain access to special content and more! Thanks for listening and watching! --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support
EP 143 v: 17 Ideas That Will Make You A Better Flipper
37:16While "vacationing" on the Gulf of Mexico coast, our Flipping Host, Randy Lee takes time out to share "17 ideas that will make you a better flipper". If you have any questions or anything else to add - we invite your emails to [email protected] or at the Car Flipping Forum. Learn more about all things Flipping Genius at www.FlippinGenius.com --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support
EP 142 v: Recognizing Deceptive Practices and being Ready To Walk Away from a Negotiation
35:27This is the video version of episode 142 of the Flipping Genius podcast. Watch it on our YouTube Channel, at Spotify and at www.FlippinGenius.com --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support
EP 142: Recognizing Deceptive Sellers and Developing Effective Negotiation Skills
34:42Learning what to look for and how to uncover the truth can save (and therefore make) thousands (and more). Learning to walk away may be the thing that takes you to the next level. Learn more at www.FlippinGenius.com and ask anything at [email protected] --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support
141 v: Here is the Video Version of the Fire Side Chat Episode. FREE to all - Subscribers or no.
37:02With winter in the air (in Alabama), our host brings some more money making strategy to the table. This one will make you money Flippers! ...And remember to check out the Flipping Genius podcast wherever podcasts are heard! You will also find us on YouTube - just search "Flipping Genius" or visit our YouTube channel. --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support
EP 141: "Fireside Chat" - Randy brings more money making strategy to the table!
37:03With winter in the air (in Alabama), our host brings some more money making strategy to the table. This one will make you money Flippers! ...And remember to check out (and SUBSCRIBE to) the Flipping Genius YouTube channel too! --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support
EP 140: SELLER BEWARE! & Finding Deals where Nobody else is even looking!
23:24In the 140th episode of the Flipping Genius, loyal-listener and successful-flipper KAREN from KANSAS shared one of her successful ideas for getting DEALS TO COME TO HER!! ...And Randy Lee extends a warning about fraudulent activity that could painfully affect all flippers everywhere! ...Share your ideas, stories, questions, suggestions and more by writing us at [email protected] ...Learn ALL THINGS Flipping Genius at our website: www.FlippinGenius.com ...Share us with your friends and your enemies! --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support
EP 139: Dealers: You NEED THIS to STAY LEGAL +++We analyze 5 potential deals!
39:16FIRST - Randy shares ESSENTIAL INFORMATION for ALL UNITED STATES AUTO DEALERS about action the MUST BE TAKEN PRIOR TO DECEMBER 9TH, 2022 in order to RETAIN YOUR DEALER'S LICENSE. NEXT, we analyze 5 potential deals and why Randy either BOUGHT or DID NOT BUY and what the results were from the ones he purchased. Car Flippers at all levels will learn from this episode! Be sure to listen to every second and SUBSCRIBE so you don't miss any future content! Access all the other material - INCLUDING 138 MORE EPISODES of Flipping Genius, over 100 videos and the Flipping Genius exclusive RESOURCES at our website: www.FlippinGenius.com. Contact Randy directly here and at [email protected] Join the Car Flipping Forum for FREE by searching Flipping Genius on Facebook Groups - or at our website www.FlippinGenius.com --- Send in a voice message: https://anchor.fm/flippinggenius/message Support this podcast: https://anchor.fm/flippinggenius/support