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Kalvin Payne
Registrace 30. 09. 2011
FAITH/HUSBAND/FATHER/ENTREPRENEUR/SIDE HUSTLER
This ONE habit will lead to MASSIVE results! 👀
Do you need a shift? Are your habits falling flat? Check out this one habit that I changed that has led to massive results in my day to day. My morning routine has never been more efficient and I've never had more time throughout the day than I do right now. 2023 habits are important, but this is for sure the be the best one for me this year!
zhlédnutí: 64
Video
Want to Make Money? Try These Secretly Simple Side Hustles for Young Men!
zhlédnutí 13Před rokem
There sure are plenty of side hustles to choose from, so allow me to assist you with identifying a few that may be worth pursuing. Here are three side hustles young men might find intriguing as they navigate the long list of side hustles out there.
Condo Amenities and View! Check it Out!
zhlédnutí 106Před 6 lety
In this video, I show you the amenities of the first rental property my wife and I are managing in Rosarito, Mexico. The first renters have come and gone and everything went smoothly. Time to open the door for more! Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvinp57 CRUSH your Goals w...
Rental Property is READY for the First Renter
zhlédnutí 136Před 6 lety
In this video, I take you on a walk-through of the rental property my wife and I are managing in Rosarito, Mexico. It is now up and ready to be rented. Check it out! Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvinp57 CRUSH your Goals with the 90X Goal Planner: 90xgoalplanner.com/?ref=...
First Time Managing A Rental Property
zhlédnutí 64Před 6 lety
In this video, I take you on a walk-through of a rental property we will be managing in Rosarito, Mexico. Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvinp57 CRUSH your Goals with the 90X Goal Planner: 90xgoalplanner.com/?ref=88 Social Media: Instagram: kalvinppayne inst...
I Need Your HELP! Yes, You, I Need Your Ideas!
zhlédnutí 39Před 6 lety
In this video, I ask you for the advice on this project my wife and I are working on, so feel free to comment what you think we should do to focus our efforts! Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvinp57 CRUSH your Goals with the 90X Goal Planner: 90xgoalplanner.com/?ref=88 Soc...
Why You’re MISSING OUT On Income If You’re Not Doing This!
zhlédnutí 63Před 6 lety
In this video, I share with you how you can make an extra income from additional vehicles you may have. I also share with you one method in which you can use to acquire a vehicle if you don't already have an extra. Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvinp57 CRUSH your Goals wi...
College Students, You Should Be Doing this to Make $$$
zhlédnutí 45Před 6 lety
In this video, I share how college students can make money with little effort, while going to classes and enjoying their time at a university. CRUSH your Goals with the 90X Goal Planner: 90xgoalplanner.com/?ref=88 Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvinp57 Check out the new LE...
Flipping Furniture | Thrift Store Finds Pt. 2
zhlédnutí 1,2KPřed 6 lety
In this video, I show you the second piece of a two-piece find. Watch today’s video if you want to learn how I earn my money buying and reselling furniture. CRUSH your Goals with the 90X Goal Planner: 90xgoalplanner.com/?ref=88 Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvinp57 Check ...
Flipping Furniture | Thrift Store Finds Pt. 1
zhlédnutí 3,6KPřed 6 lety
In this video, I show you how I double and even triple my money buying and reselling furniture. As an entrepreneur, there are so many ways to make money that we really have no excuse not to make it! CRUSH your Goals with the 90X Goal Planner: 90xgoalplanner.com/?ref=88 Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with...
Selling Your Car Every Couple of Years Will Save You Money| Here’s Why!
zhlédnutí 332Před 6 lety
In this video, I share with you why selling your car and buying a newer one every couple of years can save you a TON of money! CRUSH your Goals with the 90X Goal Planner: 90xgoalplanner.com/?ref=88 Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvinp57 Check out the new LENS I use! The 10...
GIVING You a Small Business Idea for FREE!
zhlédnutí 46Před 6 lety
In this video, I share with you a method in which you can use to generate income through your own small business. It’s rather simple and you can get started soon! CRUSH your Goals with the 90X Goal Planner: 90xgoalplanner.com/?ref=88 Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvinp57 ...
How to Make Money with No Money ($0 Investment)
zhlédnutí 101Před 6 lety
In this video, I share how you can make money with no money! It's simple and you can start today. It takes $0 investment, so let's get started! CRUSH your Goals with the 90X Goal Planner: 90xgoalplanner.com/?ref=88 Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvinp57 Check out the new L...
How to Become a Freelancer (Side Hustle)
zhlédnutí 41Před 6 lety
In this video, I share with you how to become a freelancer as a side hustle or even a full-time income. These are some general steps and insights as to how to achieve a freelancing gig. CRUSH your Goals with the 90X Goal Planner: 90xgoalplanner.com/?ref=88 Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www....
I Missed My Flight to Miami (First Vlog-Style Video)
zhlédnutí 58Před 6 lety
In this video, I share my first semi vlog-style montage video of our missed flight to Miami. All of the events were unexpected, so I just pointed the camera and went for it. I do plan on getting better at this style, so more to come soon! Get $25 OFF your first CAR RENTAL with Turo: turo.com/c/kalvinp5 Get $40 to stay in a HOME OF YOUR CHOICE when you sign up with Airbnb: www.airbnb.com/c/kalvi...
Finance your Amazon FBA Business with Credit Cards
zhlédnutí 824Před 6 lety
Finance your Amazon FBA Business with Credit Cards
Sourcing Products on Alibaba- Amazon FBA
zhlédnutí 107Před 6 lety
Sourcing Products on Alibaba- Amazon FBA
Amazon FBA- Differentiation TIP (Bundling)
zhlédnutí 59Před 6 lety
Amazon FBA- Differentiation TIP (Bundling)
Where Should We Travel Next? | YOU Decide!
zhlédnutí 26Před 6 lety
Where Should We Travel Next? | YOU Decide!
Track your Goals like NEVER Before| 90X Goal Planner
zhlédnutí 598Před 6 lety
Track your Goals like NEVER Before| 90X Goal Planner
Why I Have Been Absent- What is Changing?
zhlédnutí 32Před 6 lety
Why I Have Been Absent- What is Changing?
3 Ways to Make Money When You’re BROKE!
zhlédnutí 70Před 6 lety
3 Ways to Make Money When You’re BROKE!
Film Gear I Use (2018)- Step Up Your Youtube Game
zhlédnutí 45Před 6 lety
Film Gear I Use (2018)- Step Up Your CZcams Game
Amazon FBA Seller Bashar Katou Interviews Me on Facebook Live
zhlédnutí 66Před 6 lety
Amazon FBA Seller Bashar Katou Interviews Me on Facebook Live
75% Increase in My Youtube Traffic-Boost Smaller Channels
zhlédnutí 45Před 6 lety
75% Increase in My CZcams Traffic-Boost Smaller Channels
Youtube Ranking- Tubebuddy Tags (CRAZY Tool)
zhlédnutí 78Před 6 lety
CZcams Ranking- Tubebuddy Tags (CRAZY Tool)
I’ll be moving to San Diego in a few months.
Welcome to the San Diego family! You’ll find it’s a beautiful place to call home 😁
@@kalvinpayne I’m from San Diego, moved away when I was younger lol. I’m ready to come home…. Been living in Kansas…. And made my way to Arizona.
You’re so close! We’ll see you soon!
@@kalvinpayne I know right! It seems like my family keeps finding ways to keep me here, I keep telling them I got to go 😆
Get outta’ there 😂
Let me know- what time are you committed to waking up at in 2023?
Welcome back.
Hey, brotha! Good to hear from you. Excited to make some content again. Let me know if there’s anything you’d like to see 💪🏽
Do you register them in your name before selling?
Can you please tell me, during the tenure of bikes you’re flipping, do you get insurance for every one of them? Like opening and closing insurance arrangements on a constant basis? Do you not insure them at all? And if you don’t insure them, what if a tester person drop it and damage it, or just run away with it stealing it?
Hey! Thanks for the question. Personally, I just bring them home. They will sit in my garage until they’re sold, which is usually a couple of days. If you’re going through someone with a dealer’s license, they will usually have some sort of commercial policy. If you have normal insurance, there’s typically coverage that extends to newer vehicles you have yet to insure, which should cover you. It’s kind of a grey area to be honest if you’re doing it without a dealer’s license involved. Some insurances cover, some don’t. I’d recommend calling yours and seeing how many days between used vehicle purchases do you have to inform them of your purchase.
Florida only allows you to buy/ sell X amount of bikes before need a dealer license. And pretty sure only have up to 30 days after date of sale to be able to title bike. Any thoughts on how to get around? Leave date blank on title when purchase? Leave in old seller name ?
I’d recommend partnering with someone that has a dealer’s license. You can give them a small cut of each deal and you’ll do the work. I’ve seen others do as you mentioned with the receiving the title and not putting anything on it, which I do not recommend unless the laws in your state or okay with it. Many people do this to keep as much in their pocket as possible when first starting out, but it can be frowned upon in your state, so I’d encourage research on the matter if you’re leaning toward it.
Flipping bikes without a dealers license is technically illegal and if you are not a experienced mechanic, rider and salesperson you will loose your arse. Just my 2c,
Absolutely. Most places it is. I typically recommend people partner with someone that has a dealer’s license. This can help with taxes and legality. Thanks for the comment and for watching!
With TT&L it’s really difficult to do. Do you hold off on registration?
Hey Gorilla, honestly you can go either way. Depending on where you are, some states allow for a certain number of resales per year. Some don’t and you have to get them registered in your name. The former is more profit than the latter, but the latter is legal in more states.
My question is, when you buy used and you looking to sell it for a profit, do you spend the extra money to transfer the title to your name ? Or do you just keep the title with the previous owner signature ?
Flipper: 'I've had some great times on this bike. Really sad to see it go, it's like selling a part of myself.' Buyer: 'Ah, man. How long have you had it?' Flipper: 'Bought it yesterday.'
😂😂😂
Do you sell the bike under your name?
Yes, I would if I plan on keeping it for a little while.
Hey nice video Kalvin. Hope you make more like this :)
Definitely trying to get started back up again very soon! I can definitely make some more videos regarding furniture flipping. Let me know if there’s anything else you want to see! Thanks!
Get back into making videos
Actually gearing up to do just that here very soon. What kind of videos would you like to see?
@@kalvinpayne it seems like flipping related videos attract a fair few views for your channel
This video is awesome but not so much informative, also where's the proof you know this? Explain your history and show picture. Do not forget to include the little things!
I appreciate the feedback. It’s meant to be a step-by-step, not so much informative. I pretty much set the foundation from start to finish. As for proof, I have pictures. The thumbnail is from my very first flip. I didn’t include it in the video as I was new to CZcams at the time. I’m thinking of adding more videos to this series in the future, so keep an eye out!
I had a 140cc bike that i spent a total of $300 on it. i had sprayed the frame and replaced most small parts. i had sold the bike for $1100. its a good start and cash in your pocket. play it smart know how much they sell for!!
Nice work! Keep it up 👍🏽
How much did you start with?? I'm looking to get started flipping bikes, I am really good with motors so doing big repairs are easy for me.
Hey Libby! I started off with $1150 of my own money. My brother put up $1150 of his to purchase a bike for $2300 that was sold for $3400. Since you are good with repairs, you can probably start with less. Just make sure you are considering the cost of your time and repairs when it comes to your ideal purchase price. Hope that helps!!
i got a 06 tw200 1300mi for $900 it was sitting for 10 years and I changed the carb, spark plug, and some evapo rust for the rusty tank, i traded for a 01 drz400s with a $3300 value in 4 days
Nice!! Sounds like quite the trade! Congrats!!
Great, informative and in depth video, thank you for taking time to record it :)
Thank you, Monika! Hope it helps 😁 Let me know if you have any questions!
I have always wanted to do that, love to refurbish anything. Lol. Thanks gonna give it a try. Next video give info/tips on how to list.
That would be a great idea for a video! Thanks! Let me know what your next project looks like 😁
Man are you a squid.😆
Part squid, maybe, because I sell the bikes faster than I have time to get to know them lol
Great video. Flipping things is like a drug, once you taste it you want to keep doing it
Thanks, brother!! And it’s a great way to make a side income!
Hey Kalvin , this is the best video on this topic I’ve come across. A couple questions if you don’t mind:) 1. What if you buy the motorcycle and when the owner hands you the title they ask you to sign it, in front of them to claim ownership? 2. A) You said below that sometimes you ride the bike around after you purchase it for a week or so before you sell it and you insure it. How do you insure it for only a week? Do you have to keep re insuring new bikes. Is there a company you can recommend? B) if you don’t take ownership of the bike and get pulled over, you said that you can tell the officer that you just haven’t gone to the DMV yet, but won’t they be asking for registration or something that links your name to the bike? I’m planning to start flipping (in Nor Cal) and you have excellent advice. Hope to hear from you soon, thx!
Hi Max! Thanks for the questions. 1. If you’re not working with a person with a dealer’s license, then they can sign it over to you. You can then register it in your name and ride it, enjoying the bike until you find a new buyer. Essentially, if you set it up with enough margin, you get paid to ride the bike around. It’s a win! 2. Insurance depends on which provider you have. My recommendation would be to look into Geico and All State, but some smaller companies would also be good to look at. It depends from city to city, state to state, so I don’t have an exact answer on this one. Research is key on this one. 3. Let’s say an officer pulls you over on your way home from buying the bike. They’d understand that you just purchased the bike. Make sure to get registration from the previous owner. It’s linked to the tags and what not. Also, you’ll have the title in hand as well in case they ask for more info. Glad to hear the video helped. Hopefully I answered your questions well enough. Let me know how your first flip goes!
so when i go to a bank what should i ask in order to get a card like this? Secondly can i be approved for a card like this with bad credit? also, i am a business owner as well?
I would recommend doing research on cards that you can get with certain credit scores. There are cards that will tell you without you having to apply and getting denied.
@@kalvinpayne okay but what if i am not credit worthy? my credit sucks so what do you suggest i do to leverage money in order for me to start selling on amazon? i just need about like 8 months before i can start receiving ROI? love to hear your feedback and thx for the previous answer! very kind if you my friend to give me some of your wisdom and knowledge!
Another good option to consider would be some a small business loan! I have heard that there are some no interest options for a given amount of time as well. Check out one of my buddies, Bashar Katou on CZcams. He has tons of content on Amazon FBA. Hope this helps!!
Where would you recommend reselling it
I find that the most popular platform here in San Diego is OfferUp. It may vary where you are. Other platforms include: Nextdoor, Craigslist, Letgo, and Facebook Marketplace.
I really want to get into the business, but am interested in whether or not you need a dealer license or not, and if there are any other legal things that I should know before I start
Hey bro! I would recommend getting a dealer’s license if you plan on doing it regularly. Some states allow you to pay monthly for one. You can also team up with others that already have dealers licenses. However, if you want to get a good deal on a motorcycle, put it in your name, ride it around, then sell in a few weeks to months, that’s a good way to find out if it’s right for you!
Kalvin Payne alright, thank you so much man!🙏 appreciate the help!
My pleasure, brother! Let me know how it goes!! You can also send me some deals and I’ll help you analyze them.
Staying consistent is key! For me I wrote out a 6 month, 1 year, 5 year and 10 year goal planner and it helps me check myself to make sure I'm staying on track! After I had my goals I made a clear vision at the end, what I want to accomplish. Goals are always changing and adjusting, but if you have a vision behind them they become so much easier. Great video!
That’s awesome! I love how everyone has their own different method of doing things. You’re absolutely right! Goals change quite frequently, but your vision usually stay relatively the same. Great input, brother!
Kalvin Payne absolutely! Great video!
I use to own/manage a small business (both physical and e-commerce) and I often did this! Great advice!
That’s awesome! What are you up to nowadays?
Kalvin Payne well, I ran that for a few years and continued to run the e-commerce store for a couple years after the business. After that I did door to door sales for a large cable/internet company for a couple years and then went back and got my degree in computer science. Now I make educational CZcams videos on my experiences doing sales and door to door sales as well as owning the small business while working an IT position.
RealRichardD Hacking Sales & Life You definitely have a lot of experience. I’m doing some door to door solar sales right now and it’s a ton of fun!
Kalvin Payne I learned more about sales in the couple of years doing door to door than I did in the 4+ years setting up and running a small buisness and it’s e-commerce site. Both taught me a lot, but if you want to get really good at sales fast D2D is a great way to do so.
Loving it so far! Can’t wait to see what’s in store!
Hi Kalvin, Liked and Subbed for more of that great real estate content. I love the content quality! Can't wait to see more!
Thanks, Andrew!! Just curious, what kind of content would you like to see more of?
@@kalvinpayne More real estate videos. I love apartments!
Good to know! I’ll try to incorporate that into the videos more.
like interactive guys
Thanks 🙏🏽
Did he say 2009 Honda Rebel 300?
In the video? Not sure to which you are referring.
@@kalvinpayne He says it at 8;59
ak6781fan Yes, it’s just an example of what title you can fill in. Obviously, it would be respective to whichever bike you flip.
What kind of vehicle do you have to transport this stuff?
I ask friends or family for help when I come across a good deal, because I don’t have a vehicle large enough to transport it myself. I just go in, purchase, and place it on hold until I can come back and pick it up. I also live a block away from a thrift store, so sometimes I just dolly it home. You can start with some smaller thrift store flips as well!
@@kalvinpayne thank you!
What kind of FBA products, are you doing?
Hey boss! I actually took a break from doing research. I was really close to pulling the trigger on a product, but I decided against it for the season that I was in. I’ll probably be pretty open at first until I understand my particular preference in niche. What direction are you thinking?
Kalvin Payne I totally get that! Good luck with any future online sales
I appreciate that, brother! Hoping you find success with it too. Persist until you succeed, bro!
Here is just one of many articles as to why you should not follow this video's advice. www.titlegods.com/blog/2018/12/7/why-floating-a-title-is-a-bad-idea
Awesome thanks for this incredible information
My pleasure! Glad I could provide some value, Ankur!
The most I made flipping bikes was $5000 profit in 1 week. Pretty much I buy clean original bikes, for example I'll buy a 2006 yfz 450 for $2000 or so and sell it for $3000-$3200 the next day. All I do is service them and detail them.
That’s awesome! I’ll have to take a look at the YFZs! $5000 is an insane profit!!
Just getting into the market for the first time, and I must say I am nervous. Most local sales are either too far out of my range, or dusty baskets from 1985 and back. I have a great crew of friends at my back willing to take on this experience, and become better mechanics as a whole. I'll keep looking. Great video! New subscriber!
I hate to say it, but some of the best deals are those dusty baskets from the 70's and 80's. But you are right, you need to know how to work on them, and be willing to get you hands a little dirty. But once you learn it and do it a couple times , you realize that almost all of those models work the same and have the same parts, so they get easier to work on everytime. And there is a learning curve when buying a non-runner, you will have to learn how to tell it's going to be fixable, that usually comes with time or the proper training. Most of the time they just need carburetor cleaning, fluids changed and a nice bath, all this can be done in one afternoon, you will certainly clear $1000+ on each one of those dusty baskets. $1000 a day is not bad money, if you can find 10 of them and work real fast YOU COULD MAKE $10,000 A DAY, well in theory anyway, but you get the idea. But, you are on the right track though, the truely best way to make money flipping bikes is to buy a bike that is worth $6000, but you pay $2000, because the guy needs money for his mortgage or whatever, and turn around and listed next day for $5,000 (so it sells fast) and watch how quick you just made the money. But these deals are hard to find. Good luck man, there is definitely money to be made in this business. The other day a guy listed an ugly 96 katana 750 LOW MILES, non-runner, no title for $500. I said "I'll take it", he responded immediately with address, I went there with cash and pickup and bought it for $200, brought it home realized it wasn't going to be easy/cheap to get running, (thought I would getting running and sell the motor for $500), so I cleaned it up, touched up some paint and relisted the same day for $750, sold it the very next morning for $500, thats about as low of a profit as I want to go, but still 150% return on my investment. I guess what I'm getting at is there are alot of other creative ways to make money with bikes too.
Great points to the both of you! I definitely feel that it’s easiest to start with newer bikes. If you go the newer route, try to get some friends to invest with you-split profit until you’re comfortable on your own. The older bikes would be a good route to go with those friends if you can get bikes that don’t need anything far out of the range of their capabilities.
Nice informative video, I have something to add for your viewers. I have been flipping bikes for 30 years with 100% success, I have NEVER LOST MONEY on a deal. Everyone is trying to flip bikes these days and they are hard to get now, so I never negotiate on line, I simply respond with, "I have cash and a truck, when can I pick up the bike". This gets me first chance almost everytime, they assume I'm ready to pay asking price, when I get there, I always offer like half of asking price sometimes even lower. (The heck with insulting them, who are you doing this for them or YOU), most of the time they jump on it. I average 200%-800% RETURNS ON MY MONEY EVERYTIME. Wall Street Executives can't even do that! Anyway like the old adage goes you make YOUR money when you buy the bike, not when you sell it. Now don't get me wrong, don't be an ass when you make a low offer, you can say it in many nice ways, come up with a story why you can only offer such amount, but you never know a persons situation, example: someone might have had the bike given to them by a family member and they really just need $200 more dollar to pay rent today, and bam!, there you are with the cash, so at least give it a try. I have done this hundreds of times if not thousands, and my fiancé has witnessed many of these, that's why she gets back in the truck when I start negotiating...lol Once you do this a few times you become very confident at doing it. I hope this helps some people out there. Now don't get me wrong there are times that I wasnt on my game, and might have missed something wrong with the bike, so thats another reason to offer low, at least you can resell it or part it out to get your money back, and just move on. Never lost money, but a couple times I did break even. Thanks and Good day!
Stellar reply, brother! I love it. Very valuable insight.
Wonderful advice!!!
@@scriosin1711 Thanks, always offer as low as you feel comfortable with, you will be surprised what people will take. If they do get all upset about the low offer, just say, "well I'm sorry, ok you give me a number less than asking price then" and then just be quiet for a second, they will almost alway say a number much lower than thier asking price, but what ever number they say, alway go a little lower again...lol
I guess you’re the dragon for a reason! Those negotiation tactics are straight fire haha
Wat if im in california and we have an 8% sales tax?
Hey brother i have a question,what if a seller releases the liabilty to your name and you sell to someone else,will it be a issue at dmv to tranfer to his name,i also live in california
It never has been a problem for me or for anyone else that has sold something to me! You should be fine!
@@kalvinpayne Flip alot & now time to open a shop,i have open a motorcycle shop now starting this jan 2021,thanks for your info it helped me alot in my growth started with $800 & now i have more than 50-60 bikes in stock .
All time favorite comment! Thank you for updating me on your journey. I would love to hear more about it!
How is the adventure going? I've failed at many things and succeeded at others. Always learning and growing. Thank you for sharing your knowledge and experience.
The adventure is still going! Onto new things. I should definitely catch up to making videos for you all!!
your teeth are to white, i dont trust you
Your spelling of “too” is incorrect. I don’t trust you. Lol all in good fun, brother! Aleko is a really cool name by the way!
@@kalvinpayne lol thx, is it spelled too? Not to?
When saying something is extra it is “too”. Where are you from, brother?
@@kalvinpayne oh okay i understand thx for the lesson :p from Belgium, but i have greek/italian blood
Are there ownership fees when flipping a bike?
If you put the title in your name like you do a car, you will pay taxes on that. In some states like AZ that doesn’t apply. If you use the method I mentioned about going through a licensed dealer, I believe you can work it out with them where you can avoid the taxes on the front end.
For anyone who is watching and does not know, or is unsure: You are legally required to transfer the title into your name and pay the applicable taxes before you sell it. Keeping the title in the previous owners name and giving that to the person you sell it to is illegal. I've never heard of anyone getting caught doing this, but from this video and previous ones, I never knew that existed until I researched it. Maybe the author of the video didn't know, but just wanted to put that out there so someone doesn't get in trouble because they were misinformed. Great video, otherwise! Hope to start flipping bikes myself soon, especially as winter is ending.
Great point! I did mention at the end that laws vary from state to state. From the way that I have understood it is that some states allow you to have up to five vehicles in a calendar year, but I feel a lot safer informing individuals to go through a dealer, which is quite simple! Most dealers would be happy to take a small fee for allowing you to sell through them.
@@kalvinpayne I know that the law you're talking about is state by state; my state also allows 5 private sales a year before you must go the dealer route. But the title hopping law is nationwide. But you're right, some laws when it comes to buying/selling stuff does vary depending on where you live, it is important to know before starting a business doing this. Hope the business has been going well for you!
Abel Gedamu you’re absolutely right! Fresh point of view. What are you looking to flip for your first bike?
@@kalvinpayne I've got a Ninja that I have some repairs to make on. Owned it for about a year, just need to go through everything and sell it. Probably won't make a profit off of it, but I'm using it to learn how to do basic maintenance. Kind of like my "test bike".
Well I’m hoping you at least breakeven, but Ninjas are gold, so I’m sure you won’t have any problems. Just take stellar pics!
I'm a christian man from the Detroit area. I am a motorcycle nut so I watch a lot of motorcycle videos on CZcams. I am not rich so in an effort to afford better safety gear I have purchased a few motorcycles to flip with a christian friend. That is how we came across your channel. One thing that I saw people pass out in kits that seemed to be a help safety wise for the homeless was like a cheap high vis vest. It looked like the people pan handling near the highways that they passed them out to appreciated that someone cared about their safety. God bless you guys and the work your doin.
Hey Mike, thanks for stopping by and subscribing! I’m thankful that I could be of help with the motorcycle video. Please keep me updated on how that goes. I actually ended up postponing this project, but I do want to pick it back up very soon! Thanks for the suggestion!! I will definitely consider that!
Hi..do we need to have account with junglescout? Or Amazon seller account is enough? Is junglescout is paid service?
what is HSA Bid again on Keyword Scout? and what the recommended HSA Bid number when starting Amazon FBA?
Hey Angel, it stands for Headline Search Ad. Junglescout has some of their recommendations for the recommended bid amounts. At the moment, I do not have my membership to JS turned on, but I think you can access some of the videos for free! They also have a CZcams channel you can check out for more information! Thanks for the question!
I don't live in the us so this makes it alot easier i can just pay my technical visit for 20$ than get the bike on my name and then im done no taxes no nothing hope they dont change the laws when im deciding to start hhhh
Wow! That’s awesome! Start flipping those bikes ASAP and keep me updated!!
How does taxes work for this and is there a certain number of bikes you can sell before you need a license to sell
Sorry I just read the comments below and it answered my question great step by step video btw extremely helpful
Glad the other comments helped! Let me know if you get any flips under your belt!!
Thanks for the kind words!
If you have questions, feel free to let me know. Many of the questions you may have can be found in the following comments!
Hi there! When you sell the motorcycle doesnt the buyer feel in discomfort for the fact that the name that is on the contract isnt your name? (in the contract figures the name of the original owner)
We’ve never had anyone ask, but we cover our bases by saying that we didn’t keep it long enough to get it in our name.
@@kalvinpayne what happened to me is that i made the "mistake" of asking for permision to the original owner for making a new contract with his name and the new buyers name. And like i was expecting, he wanted a part of the profit i was going to make. Ive learned for the next time!
Oh yeah, that’s why I avoid any names being written until final sale. You’re just acting as the middle man.
@@kalvinpayne What you're doing is called curbstoning and is illegal in California. Telling the seller you and your brother are debating who gets the bike so they leave it blank and then telling the buyer you didn't own it long enough to have it to put it in your name is dishonest. Kinda scummy man. I hope nobody sees this and sends the authorities your way. Anyone watching this, best of luck running this scam. You risk fines and jail time if you're caught.
Great point, Ryan, which is why I stress for people watching to look up the laws in their specific state. I prefer using a licensed dealer, tow truck driver, etc. (someone with a license)- saves on taxes and hassle.
Great info and detail man. I have a question: I buy the bike say 2k. Doesn’t the seller put how much he sold it for on release of liability or whatever we agreed on say 1000 to help cut taxes and also puts my name and everything on it? Then on the back of the pink slip the new owner info goes on there and that’s the part I don’t fill out. But doesn’t the sale price have to match the release of liability price? I’m in California. Thanks!
I’m also in California and I haven’t had one seller write anything on the title yet, but it’s bound to happen. Catch them before they do and say you haven’t figured out who will own it yet. I would use my brother as someone to fall back on. “ Oh he and I are debating who gets the bike, so we can leave that blank. Can we just sign the release of liability with your info?” Feels a little awkward, but you don’t want them to write anything on the title. The open-ended title is best!