Originally Posted by
hurley81388
Assuming the bike doesn't fit, is this a risky flip? Or is it very likely I could break even?
There are risks to every flip. Risk is controlled by:
1. Your ability to spot serious problems (and pass on the bike).
2. Buying right (well below market, which means a clear understanding of the market in your area).
3. Controlling repair/rehab costs by doing all of the work yourself.
4. Your ability to market the bike when you sell it (often underestimated in importance IMHO).
5. And every once in a while, despite all of these steps, a flip doesn't work out. But by following these steps, risk is minimal.
The number one way I minimize risk is paying low prices for bikes, often I base offers on what the parts can bring by themselves. This means I pass on a lot of bikes.