Monday, March 10, 2008

Will I Continue?

Bloging for the past ten weeks has been a different experience for me. For one thing I never had to keep a weekly writing journal for anything, and because of this I never had to think ahead. Thinking ahead mad me thing of topics that I would never have though of ever writing. If I was not forced to keep the blog for ten weeks, I believe that I would never have begun to write on a weakly basis. I am sure that I will keep my blog updated for the next few weeks, but I am not sure that I will after that.

I don’t believe that will keep the blog updated after a week or so, but I will try to publish some thing new when I get a good deal. Because writing about cars all the time will eventually get boring.

I am not sure but I mite if I have the time create a blog about spa’s. Since I have found an investor that is interested in my idea of opening a spa in downtown Columbus. The funny thing is haw I meat this investor, I was sitting in a sauna at my gym and this old guy comes in. We started talking about all the different saunas that are out there and how people just like to go and relax in them. He told me about how he went to China and how they have these amazing spa’s there. I told him that I worked at a spa for a while and that I have some contacts that are wiling to help. He got really excited after that and offered me a building downtown and a lot of money. So I mite create a blog about spas so that hopefully I get some feedback about what people are interested in a spa.


Wish me Luck!!!

Finding the Biased

In this day and age, finding information on any topic that has ever been thought off is as easy as typing in a phrase on Google. Blogs are a great way to do research, because these days everyone has a blog, and they write about all the events that are going on in our society. A reader should be weary of trusting one blog, because blogs written by one author could be biased. Doing research on different topics has gotten much easier, because of so many people posting blogs. Not all the blogs that are out there are true; a lot of the blogs are biased in some way or another. Deciding on an opinionated blog like research on car or for an informational blog like news events depends on the information being researched.

For instance if someone is interested in purchasing a vehicle, but has no idea on what kind of car they want to buy, they can read about some online. If a particular vehicle caught your eye, and you want to know more, just find a few blogs with people’s opinion on the certain type of car, and see what they have to say. Usually different kind of blogs should, for example, when searching an Infiniti G35 on Google blogs; you get blogs that come up written by different authors about different aspects of the car. In one of the blogs written by The Car Family they explain the feeling that you get from sitting in the car, and they also compare the infinite to other cars like the Nissan 350z. With this blog there were also blogs that came with this one, that explain how the car performs after a year and another blog that was written about how the car performs after three years. This way the reader has a opinion of the car that they are considering to buy, after a year and after a few years.

If the research is about a certain event, it’s a good idea to search for blogs written by different authors on the same subject. On blogs, it’s never a good idea to rely on just one author when you are doing research. If you base your opinion solely on one blog, there is a great chance that the blog is biased. By reading more blogs about this event that is being researched you can have a better chance of ruling out the biased information that you found.

Since the blogs are a free form of writing, they have the greatest chance of being biased. There are no forms of regulation on the writing of blogs, anyone can just sit behind a computer and write. There is no one that proof reads them, before they are posted online. With having this freedom in writing the writer leaves their “attitude or tone [in which] they enjoy to write in.” Having the author’s feelings in their writing is great in a way to know what they were felling during the experience. Reading blogs written by the 9/11 victims are a great way to know how it felt to be there during the attack on the trade centers. There is no way the writer of a published works can leave the feeling of being there during the attack, no matter how hard they tried, because they have to fallow regulation so the they don’t leave their opinion in the paper.

All in all blogs are a great way to find opinioned information. The best is to find information on cars, and their performance from different author. They are also great to find, on how the cars will perform after a few years. Blogs are great way information but a reader should be weary of biased information; a reader could avoid biased information by reading blogs by different authors. But blogs are a great way to get the feeling of being there, which you don’t get from published writing. that’s what’s great about having the freedom of blogs.

ReFlipping on Flipping Cars

If driving a car for a few months for free and then getting paid to drive a better car interests you, then this article is for you. When I was only fifteen years old I began looking for a car to buy for when I get my license, but the prices just terrified me. I could not afford any cars that the dealerships were offering me. So I turned to my friends in order to find out how they were able to drive nice cars and not buy any of them from dealers. After finding out their secret, I was on my way to driving nice cars for a cheap price. Their secret was flipping cars, but it turns out that everyone is doing it. After a few clicks on the web, you can read about how people are profiting from flipping cars. After flipping cars for a few years I have learned a lot, and now I found a blog post of someone doing the same thing that I do, but just starting out. I will improve on what they are doing and give some of my pointers.

In the blog post “More money Mondays: Flipping cars”, “E” writes about how she flipped one of her cars for a profit. Finding the car on Cars.com and then checking the private property valve of the car on KellyBlueBook.com, she bought a 98 Land Rover Discovery for only $5,300. The car was already below market value but she brought cash to negotiate a lower price, which she received. Driving the car for only a couple of months, she decides to sell it. Deciding to put the car on Cars.com, which costs an upfront price of $40.00, she then took it to the cleaners in order to be cleaned and detailed. She put the car just below market value because she was in no hurry to sell it, with hopes that she wouldn’t have to lower the price for anyone. “There’s an ass for every seat, and that’s what I’m looking for.” She didn’t necessarily care whether or not the person interested in the car fits in her seat, but more so that they take it off her hands. When selling the car and someone calls to view the car, she meets with them near a bank or a grocery store parking lot because of cameras. Accepting only cash, to lower her risk of getting scammed, she has the buyer cash the checks in their names so that she can have the cash in hand. As soon as she has sold her car she has another vehicle lined up to purchase, to keep her money flowing in a circle.

E’s experience is so similar to what I have done; I bought cars for a lower price than the value of the car, I drove them for a few months and resold the cars for a profit. One big difference between E’s and my experiences is that she buys cars that are fixed and just below the value of the car, I on the other hand, bought cars with some kind of major problem and way below market value. Sometimes the price of the car is half the market value, and there have been occasions where the price is 70% below market value. I can afford to do this because I can fix most of the problems in cars, but if there is a problem that I can’t fix, I take the vehicle to a family trusted repair shop. At the shop they know my family and I, so I get the work done on my car for a really cheap price. For example, last summer I parked my car next to a building that was under construction. It just so happened while I was in the building some bricks fell on my Toyota Avalon and damaged the front end. I took the car to a regular repair shop and they quoted me $5,000 to fix the car, but my repair shop fixed it for me for only $1,200.

For first time car flippers it is a good idea to start small. In this post the buyer only invests $5,300 into the car, which is great for first time car flippers. When I was just starting out, I started with cheaper cars just to see how flipping cars would go. On my first car I only made $500 and that was great for my first car, but when I invested that extra $500 into the next car I made $1,200. Staying with low cost cars is good in the beginning, but as you make more money it is a good idea to buy more expensive cars. Since you can only flip five cars a year in most state, you want to make the most money as possible off of the cars. Buying cheap cars and then reselling them brings in little money, if you were to buy a car that is a little higher in price and resell it the profit is much higher than the profit from a cheap vehicle.

After giving car flipping a try and you are very successful at it, try moving up. What I mean by this is most people buy average priced cars, resell them, take the money that they make, and instead of investing it into the next car they spend it. Invest your money into the next car until you hit your specific limit everyone has a limit which is the highest price they are willing to pay for a car. After hitting that limit you can try flipping real estate, which brings in more money and never depreciates in value, but cars do and that’s why you can’t keep them for too long.

Wednesday, March 5, 2008

At the end of the Line


With winter, there are so many accidents: this means great business for body shops. Even thought I have the money to fix my Toyota Salora, the body shop is will take longer to fix it. Since I get the cars fixed cheaper than anyone else, this also means I am put in the back of the line.


Like anyone else, the shop wants to make money. Since I’m the least paying customer that the body shop has, they put my car at the end of the line of vehicles to be fixed. You can’t really blame them; I mean if I was in their shoes I would probably do the same thing. Put the cars that pay more to get fixed at the front of the line, to keep the customers happy. But the people that get discounts can wait, because they won’t go anywhere else.


This technique of putting the higher paying customer ahead of other people is used in our society whether we like it or not. When I turned sixteen I worked at a day spa, for a while. They perfected this technique; the spa sold gift certificates five percent of the original price. Most people tried to take advantage of this five percent off, but what they didn’t now is when you buy a gift certificate you are under the companies’ control. What the spa did is, if a person had an appointment with a gift certificate and a person walked in wanting a massage. The customer with the certificate would be rescheduled, and the person that walked and is willing to pay full price would be accepted right away.


This way the business makes the most money possible, but what is bad is that the customer that purchases the certificate thinks that they the number one person in the company face. The truth is, the customer is never number one in the face, they know that the customers will always be there.

Wednesday, February 27, 2008

Running Low


With spring break around the corner, I find it hard to concentrate on school work. For one thing my expenses have brought me to my limits with cash, buying another car and spending a lot on my girlfriend put a strain on my wallet. Running low on money really stresses me out because I won’t be able to fix my car that I have in the body shop and another thing I can’t do things with my girlfriend. Buying another car without selling any of my other cars is where I went wrong.


The car that is in the body shop is a 2007 Toyota Salora, it’s really nice. Outside it’s a dark green color and inside its all black leather. With 20,000 miles on the speedometer which is not bad for this type of vehicle. The cool thing is that it’s a convertible, and has the coolest eighteen inch rims. It has some damage to the rear, which should cost around one thousand to fix. It wouldn’t have been a problem if I had the money.


For one thing I didn’t anticipating that this winter to be really slow; no one wants to buy a car in the winter. And with no money coming in and all the money leaving my wallet, I decide to go to my parents for help. I convinced them to lone me $3,000 to fix my car and go to Mexico with my girl friend on spring break. They agreed which is no shock to me; because they know when the weather gets wormer I will be able sell one of my car and I will be able to pay them back.

Monday, February 25, 2008

The Guest Blogging Experiment

There was a big difference in the style between the guest post and my own posts. For one the content was very different, I pretty much talk about the money that I make from flipping cars. But the guest blogger talks about the car it self like what it stand for. The sentence that the guest used were much more complexes than mine. I try to stay away from complex sentences because when I try to use complex sentence structures I use them incorrectly. The word usage is one of the biggest differences in style, whether the writer uses sophisticated words or just uses word fillers in order to make the post longer. For example the guest post on “my office space” was very different in style. Anyone could tell that the author of the post was not the author of the blog. The sentence structure so different as well, the way the guest blogger worded his sentences was much to different than author of the blog.

What this means to me, to have this post on my blog is that I have a new perspective on how to shape this blog. When I picked this topic, flipping cars for a profit, I thought I had to write only about how I flip cars and what to do right and what to do. From having this post on my blog, I can talk about the cars them self. Not just about my experiences in flipping cars. I can talk about the cars performances, and also find some other information about the cars them self and put it on the blog to help the readers understand the vehicle much better.

Wednesday, February 20, 2008

Guest Bloged by, KOE, -- Torn love....A3


I think my favorite car was an Audi A3. It was my mom's car when we were in France in 1998. It was sweet little car with manual transmission. I like the 5-doors of the hatch which could blaze air when you step on the accelerator and shift gears. I liked the dual clutch in that car. It almost felt like the drive itself rather than someone has to drive it.

Audi pride itself for safety and reliability which played a great role on purchasing that car, but in a year or so the car had problems with the engines and stability was compromised. My mom was deeply upset on the matter of "health" of that car. We paid out dearly for a new engine which was next generation engine for the car. It didn't totally restore the car to its former glory that a motor company prides itself for.

My parents were great admires of German and Italian branded cars, but companies like Fiat and Audi have tarnished their own self respect of their brands. My parents are not going for any European or American branded cars because for the gimmick of the culture of the car brands. I think more you buy a car for the "country of origin", greater the chance you will receive a inferior packaged product.

I am waiting for the day these car brands could transform themselves like great South Korean Hyundai, which completely changed their overall brand reputation. Some companies charge highly for an inferior products.

Wednesday, February 13, 2008

Out Bidding Minnesota


It just so happens that I didn’t give my brother the money he need for the 2005 Chevrolet Impala. But I was not selfish in my doing at all; he still got a car to drive for the time being. Instead of giving my brother the money for the Impala, I bought him a car myself. My brother and I made a deal, I was going to by a car with some damage and he was going to repair the vehicle and drive it for free.


Knowing this, I set out in on a search for a car that I can get for a cheap price. After searching for a few days I could not find anything that I liked that fit my budget. But last Friday, when my father came home after his choir practice, he told me that he found a Toyota Camry that was going to be auctioned off in Columbus on Saturday. Interested I went to the auction early in the morning to check the car out before the auction started. When I lifted the hood to see what was wrong with the car, I was surprised that the damage was so minor. The problem was, that the battery leaked and the acid corroded away some of the wires in the car and the air filter box.


After giving my brother a call to ask him if he could fix the wire problem, I decide to place the bid. I placed my first bid at $4500 but some guy from Minnesota out bid me, so I raised my bid to $7000. The guy from Minnesota saw that I was not going to give up that easy, so he gave up. His last was $6800, not higher than mine, so that made me the winner of the car.


Now I am a proud owner of a 2005 Toyota Camry with only 15,000 miles for only $7000.

Wednesday, February 6, 2008

My Dilemma.


In the essay below, “How I started: My first car” I just start to talk about my brother. How he’s a high school dropout, and simply adores cars. Well he has trouble entering the business of filliping cars, because he has no major funds to get started. All this week he has been trying to convince me to invest in him.

Basically what he wants to do is borrow some money to buy a car resell it and then give me back the money with interest. This means I will not lose, with in two months I can make up to five hundred dollars without doing anything. This way I will make money without lifting a finger and he will make some extra cash as well. The car that he wants to get is a 2005 Chevrolet Impala. The impala is selling at a junk yard, who bought it from an insurance auction. It has no damage because the insurance company repaired it before they sold it. The selling price of the car is $4900 but my brother could probably negotiate for a lower price, so that the car comes out to be with tax and everything to $5000. He can turn around and sell the car within the month or two for over $7500, that a pretty nice investment.

If I do decide to give my brother the money and make some cash without lifting a finger. I will be left without money for the next two months, which means I can’t invest the money into one of my cars. Now you see my dilemma.

Thursday, January 31, 2008

What If ???

Talks about a recession are becoming more and more recurring in the United States, which means slower business for me. If a recession does happen and I still have the cars that I own now, I will be out of luck. If I do decide to keep the cars, they will fall in value by forty percent, or so. In the news portion of AOL in the biging of the week, they had an article explaining how the prices are going to fall by thirty to forty percent if a recession does happen. The problem for me is to figure out when the recession will happen so that I could sell my cars before it hits. I have to pay close attention to the news and the car market so that I can figure out when to sell. The reason for this is, the cars that I own now are worth lots of money, and I paid for them a hefty price. Let’s say for example, my Mercedes-Benz is worth just over thirty thousand dollars right now and I could sell it easily for $28,000. When a recession hits the car would be worth just blow twenty thousand dollars and I could sell it for about $15,000. That means that I will lose around $13,000 dollars. If I was to sell the car before the recession for $28,000 and then repurchase the same kind of car after for $15,000 I would have the same kind of car and make $13,000. That’s why we all have to be careful during these troubling times.

Monday, January 28, 2008

How I Started: My First Car

My fascination with cars began when all my older friends started to get new cars-and not just any cars, cars with class. This started happening when they got tired of paying loads of money to the dealers, although they were only going to drive the cars for a year or so. Because in my circle of friends no one wants to keep the car for longer than a year and no one especially wants to have the cheapest car of the group. So everyone buys expensive German and Asian cars, like Mercedes-Benz, Audi’s, BMW’s, Infiniti’s and many more. We found that buying and reselling cars is a good way to make money. One of my friends had a Nissan Maxima for a while, sold it, and made some good money off the car and bought himself a Honda S2000 and a BMW 525. The Maxima was the top of its class, and had everything that you could ever need in a car; a navigation system that took us all over the United States and really nice black and red heated racing seats. On the outside, the car was buffed as almost to reflect the sun, and the rims were to die for-twenty inch with low tread tires. The two cars that he replaced with the Maxima were so much better. Honda s2000 is the color of a brand new red Ferrari. It’s a convertible, but that’s not the best thing about it, the best is that it’s a manual stick shift, great for racing “on a closed circuit race track, of course”. The BMW is a tan color as almost black; it’s a four passenger car with lots of extra room so it’s great for long road trips. Inside the car is leather, of course, with navigation that will take us on road trips this summer.

When the time came for one of my best friends to get a better car, he started looking at used cars online, so that he would not have to pay so much at the dealers again. One day when he was going through all the websites with cars, he stumbled on a website where there were a lot of lightly damaged cars for a cheap price. These cars may have been cheap, but the value was high; these cars were top of the line brand new cars with low mileage. One day this brand new Audi A4 pulled up into my long drive way, it’s a bright red with dark tinted windows like the ones you see on limos. I’m thinking the person that’s driving the car must be a millionaire, but when he stepped out it turned out to be my best friend. “Man, I have to know, how much you paid for this sweet ride” I asked him, he just smiled and said “it came out with repairs to fifteen grand”, “but the car is worth over $35,000.” Once he told everyone how cheap his expensive car was our whole circle started buying new lightly damaged cars, and in one year everyone was riding a new car for a cheap price.

When I turned sixteen and got my driver license, I started looking for a new car like all of my friends had. It took me a whole month to find the car that would fit my budget and still be awesome enough to ride with my friends. It was a new Nissan Altima: it was the highest in its class with heated leather seats, a sun and moon roof that was amazing, Bose sound system which is the loudest, clearest and all out best system that is out there, 18 inch chrome rims, and was silver-my favorite color on a car. The best thing that I liked about this car is that I got it really cheap, for $6200, but I didn’t tell anyone that, because the car had some damage to the front of it. I had to replace the front bumper, both headlights, hood, and also the radiator support because it had a crack where the headlight was and could not support the radiators. It came out to be cheap because I replaced all the parts myself. I had to take the car to the body shop to get it painted which cost an extra $350. When the car was all finished and I was ready to take it out on the road, I checked the retail value of it on kellybluebook.com. It was almost $19000 and my car came out to be around $7500, I was really surprised with my savings and happy at the some time.

The year was about to be over, and thought to myself “I can’t believe that it’s time to get a new car”. I started searching for a new car, but it’s not as easy as it used to be. More and more people are catching on, finding out that they can have nice cars for a cheap price. Since I didnt have enough money to buy a new car while I had my current car. I decided to sell this car first, and drive my mom’s Toyota Camry for the time being. I put the car up on autotrader.com so that I could sell it quickly, and in just two days the first person called about the car, and wanted a test drive. After driving the car around the block he was in love with the car, but after giving the VIN number to his brother in law who is a dealer he decided not to buy it because he found out that it had been hit before. The very next day a man called and said he needed a car for his son as soon as possible. I met up with him in half hour he took it for a test drive, and in fifteen minutes the car was in his name and the cash in mine.

It’s an unending circle, I will continue to sell the cars that I have and buy even more expensive and better cars. After selling my first car I had enough money to buy a new car and pay for two quarters of college. I don’t plan to make a career from this; I am only doing this to pay for school. And when I am all finished with school and have a career I will have no need to sell cars anymore. My brother on the other hand is a high school dropout and simply adores cars. When I am all finished he will continue to resell cars to make money.

Wednesday, January 23, 2008

finding the man

Last week I told you about the guy that installed the windows into my Mazda 6s, and scratched up my car. I could not reach him on the phone, so I decided to go visit his warehouse. He didn’t know that I knew were his warehouse was, it just so happens that last week when I went to the junk yard with my little brother to get him a transmission for his car I saw it next to the junk yard. My brother got himself a 2001 Honda Civic Si, he really liked that car but not for long. He didn’t use his head, because he took the car with some friends to his high school and started drifting, the car slid all over the snow covered parking lot. He slid off the parking lot with one tire instead of stopping and digging himself out; he continued to push on the gas pedal. He forgot one major thing; you can’t have one tire on the car turning and the other one stand still. Doing so can blow the transmission. Going the next day to the junk yard to pick up a transmission and I was amazed to see the warehouse that belongs to Mike, the guy that installed my windows, next to the junk yard. Now knowing were his warehouse was I went over there and started telling him off. After about two hours of arguing he decided to pay for the damage and a little extra to clean the car. It turns out that I got an even bigger discount on my car.

Monday, January 14, 2008

Reciving More Than Bargend For

Last week I bought a 2005 Mazda 6 for sixty three hundred dollars. After the deal with the Infiniti G35 didn’t work out I started looking on auctions for a different car and I found a Mazda that I really liked. The car had one major problem with it, all the windows were busted. Before actually buying the car I called around to see how much it would come out to fix the windows. It turned out to be around eight hundred dollars with one company, that wasn’t too bad I thought to myself the entire car would come out to be around seven thousand dollars or somewhere around there. So that’s a really good deal since the car sells on autotrader.com for around eighteen thousand dollars. So if I decide to sell this car in the future I can make a decent profit from selling the car. When I got the car into my garage it was just as I thought it would be, just the windows wear damaged. So I called the guy that would install the windows for me, he said that he could come out the next day after lunch. I told him that I would be in school but he could come over and I would have someone come open the garage for him. Everything went as planned he came and installed the windows and my mom paid him for the job. When I came home that evening after a late English class to inspect the car, they scratched up the entire car and made it really dirty inside and outside. Now I can’t reach him so I will try to find him and make him give some money back.

Monday, January 7, 2008

lossing great deals

One of the biggest things that frustrates you in making money off of cars is losing a really good deals. This is what happened to me this weekend; I sold a Nissan altima two weeks before made some money but not a lot. So having the money at hand I started searching for a new car to buy, after searching for the whole day online for the perfect car I finally found it at ten o’clock at night. It was the perfect car it was a 2004 Infiniti G35 with only twenty thousand miles on the speedometer, for the low price of six thousand dollars. That is really cheap I though, I looked at the pictures online and the car was perfect it had white heated leather interior, sun and moon roof, a navigation system that hides in the dash board above the boss sound system which had a six cd in dash changer. With small damage to the passenger door it need a few thing. It needs the glass in the door, the trim both on the outside and inside of the car, and also the mirror on the door which was broken off. It only needed one more grand to fix the car, and it would be ready for resale. And the car was not that far from me it was in Indianapolis and I could have sent someone to pick up the car for two hundred dollars. I already made plans to send someone to pick it up this morning. Rented a car and trailer and found they guy that was going to go pick it up, so I was all set. As soon as I woke up this morning I made a phone call to the owner of the car because they were closed on weekends. And I find out that the car was sold and all my plans went down the drain. So today has been a real bad day because I haven’t been able to thing strait for letting to great deal go.

Friday, January 4, 2008

blog possibilties

i am a full time student at Ohio State University and i am in this English class wear we have to create a blog to talk about for the next ten weeks. sins i real don't have a full time job i have to find a way to make money. i found a way to make money on cars. most people don't think about making money when they think about cars. because the car losses most of its value when it leaves the dealership and after the first year the car has lost almost half of the value already depreciated. in my blogs i will be talking about how to make some money from the car befor the value of the car complety depreciated. i will be talking about my first car how i bought it and drove it for three years and also made some money from it. readers that want to make some extrs my will find out how to make some extra cash$$$