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

* PRO TIP*
INFORMATION IS EVERYTHING

*2 FREE AUDIOBOOKS*

ACORN FREE $5

Social Media~

Snapchat: tommy28fly

[TommyBryson]

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.
***Video Of me Doing it***

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
*Pro Tip*
Information is key

[Unq]

No cap I feel like all this business stuff is literally GTA irl and that’s why it’s so fun. Investing into stocks is like investing in gta. Phone flipping is like Car Import Export missions. And dropshipping is a drug lockup. A vending machine is the night club and a real job is a bunker. :)

[facehunter]

You ain’t lying about being safe meeting ppl in public. I broke my own rule on having people come to my house, I bought allot of collectible toys and didn’t have a truck. Well the ladies boyfriend didn’t agree with the price I gave her and came up to me and my girl while we were outside. Told him to leave multiple times and luckily I was ready and had my pistol on me. He pulled a gun out and I pulled mine, told him let’s not get killed over toys. Thank god he left, but he left talking shit and I called the cops.

Moral of the story is don’t break your own rules, don’t get caught slipping and always always always have a weapon because you never know who you’re meeting or who’s mad about what was sold.

[bballforlife]

First time watching him, but I like this guy

[reflux]

I love how you try to reply to every comment in this video. Keep up the good work man.

[sebastianctze]

I also do it from time to time. Insanely lucrative especially if your able to do it locally and exclude shipping costs. Great video and a great business to get into!

[kriss]

I’m a girl, I’m 24. And I learned how to fix iPhones at 19. Get on it, more profit

[thedavidrichardshow]

Hey man great video. You're right you gotta check the IMEI every time because people will lie straight to your face. A cool thing about iOS 14 is that in settings>about there's a section that says "sim restrictions" or "no sim-restrictions" so it's pretty easy to tell if it's unlocked now

[xcellentphonerepair]

Another good tip
When you purchase a phone
Always write out an invoice and have them give their signature.

That way in case they ever report blacklist you can have documentation and proof.

Even though those companies don't care.lol

[whitenotchback]

This is how I started my wireless company. 8 years later, 7 locations an 20 million in sales a year. Just gotta stay focused and never give up.

[cocmaster]

You can flip laptops headphones and cases too if you want

[martinluther]

Repairing phones is actually really easy. You are basically just turning screws to be honest.

[mentalmans_]

You Can just push weed thats like 500$/day

[MrJohneblaze]

This sounds like a good side hustle, but it's very time consuming. Plus I don't even use expensive phones myself, especially iPhones lol.

[TheAussieFlipper]

Love the phone flip idea! I haven’t done it but I think I might after this video!! Liked and subscribed. Love your content style!

[jalenchanthaboury]

Bro you look like Chance the rapper and CJ Mccollum combined

[kempsone]

Quick tip: Bump into people holding phones n when they drop it.. Run off. Next thing you know...
"Cracked screen S9 for $200"

[spaceboiclub]

Im 15 years old and Im doing this for over 2 years, I buy and resell phones, laptops. I buy them for a cheap price or I buy them as spares or repairs and fix them. Im able to buy stuff with my own money now :)

[bxnny]

how i make money

Step 1: Buy The Cheapest pair of Airpods On Craigalist

Step 2: when you get them take alot of very good pictures of it and make a very good description that will outrun the other people selling

Step 3: Set the price 15$ up on the airpods

Step 4: while you wait for someone to buy them, use them.

[ZayWonderJournal]

Only thing I'll have to disagree with is the $25 shipping. from experience, shipping is only$3-$5