One Man’s Trash…
Is another man’s treasure. This age old saying can apply to buying cars as well. If you are a handy person with some knowledge about cars, finding cheap cars and selling them for a profit is an easy task. First you have to find some one who is willing to part with their beater car for only a few hundred bucks (your initial investment), give it a thorough inspection and replace the parts that need it (sweat equity), and sell it for more than you put into it. If the car is not able to be fixed for less than you are going to spend, find another of the same model to fix. You have an extra car full of parts to use to fix the next one. Rinse and repeat!
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