Originally Posted by
miamijim
Jims Flip Rule #7950912: If your not going to make a minimum of $100 after expences its not worth buying.
That deosnt mean a bike isnt worth the negotiated selling price, I turn down alot of good deals, it simply means that after the time and effort I'd like at least a C note in my pocket.
Word.
I have the "C note" rule as well, as does another list member and flipper I associate with. And even then, I stay away from the basket cases unless they are something special.
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"Love is not the dying moan of a distant violin, it’s the triumphant twang of a bedspring."
S. J. Perelman