How to Start a Phone Flipping Business | Earn an Extra $989 Per Week

I’ve been buying and flipping phones for a very long time, so I decide why not make a video about home much money you could make doing this. You can use ebay as a source to sell the products and everything else to buy them. For example, Craigslist, Facebook, offer up and so on.

Key Questions Answered

1. Start Up Cost
- Capital to start buying phones: $100-$1000
- Emergency Fund: $200-$500
- Equipment to fix phones: Screens, tools and so on – $100-$500
Like this you can buy, repair and sale or just buy and repair
Another start up cost, Could be tutorials or courses on Unlocking: $100-$400
2. Expenses
Travel: Gas or public transpo
Ebay Commison: 10% and shipping
Buying supplies for repairs or unlocks
3. Profits
Depends on your profit margin: I would try for $40-100 per device sometimes even 180 depending on the device or negotiation
4. Challenges
There is a learning curve: Negotiations
People not showing up
Stolen phones
Locked phones

Ideas: you could potentially make a lot of money, but one thing for sure is that this is not a passive income business.
Imagine: Selling 20 phones a week and having employees that fix, buy and list the products. That’s how you can start becoming passive
Link: flipphonesforprofit.com/course


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Disclosure & Educational Disclaimer:
Some links in this video may be affiliate links, and I may earn a commission. Content is educational and accurate as of posting; offers may change. I’m an accountant but not your accountant; always consult your own accountant/CPA or financial advisor. No income or results are guaranteed.