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re: Does anyone here make a living via online ?

Posted on 7/23/16 at 10:12 am to
Posted by CcTiger2015
Louisiana
Member since Aug 2015
31 posts
Posted on 7/23/16 at 10:12 am to
GFunk without being nosey, can you get more into detail about what your doing?
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 7/23/16 at 10:46 am to
i bet he's the one spamming the frick out of espn.com comments section making $78.46/hour. Congrats on the money but can you please leave the comments section alone gfunk?
Posted by GFunk
Denham Springs
Member since Feb 2011
14970 posts
Posted on 7/23/16 at 3:42 pm to
I've discussed it here before. I received my commission as a notary. I have a specific niche. I've done some work for friends. But the niche works is where the ROI is.

The front end investment is more than monetary however. Sitting for the exam to be commissioned was the single, most humbling academic experience of my life. With a 600+ page reference guide, five months of weekly classroom courses and an open book exam, it took me 4+ hours. For only 70 questions. SOS stats say only 20% of first timers sitting for the test pass. Taking it, I absolutely believe it!!!
This post was edited on 7/23/16 at 3:48 pm
Posted by carguymatt
Member since Aug 1998
Member since Jun 2015
1069 posts
Posted on 7/23/16 at 5:38 pm to
I buy and sell used cars and I would say about 80% of what I do is online. All advertising is done online. About 50% of purchases are done online through auctions but it could be 100% if I wanted it to. Where I do leave the house is going to pick up the vehicles and bring them back, and going out the day before the auction to inspect the vehicles. But I don't have to go out before, If I wanna be more lazy and risky I can go off pics, experience, and what I see other bidders in the lane doing which I do sometimes. I could do that exclusively but I have a spot I go a couple times per month to do a sealed bid on new car store trade-ins also.

So I guess technically to answer your question, If someone had 100k of capital, and a home property that would hold 25+ vehicles, he could be doing it all from home and making quite a bit. As it is, I scrape by averaging 10 or so hours a week holding 3-7 vehicles. I probably average 1 hour per week of transporting vehicles myself b/c Im close to all places I buy, and I probably average 5 hours per week inspecting cars I may want to bid on, away from home. The remainder of time I watch online auctions and will bid all over the country if something is low enough.

The interesting thing is, there's guys buying certain vehicles all over the country in online auctions that are worth up to 4 times more in third world countries what they are here. So these guys may spend over 100k per week, and ship them to their connection overseas and never leave the house. You can imagine what they make.

But here's the deal. A person wouldn't just jump in and start making money doing what I do. It takes a few years to get good at it, then you still have a lot of patience, common sense and strategy on how you want to recondition, market, and sell certain vehicles.

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