Know the Laws Before You Start Flipping Cars Before buying a vehicle specifically to resell for profit, understand the laws in your state. Every state handles private vehicle sales and dealer licensing differently. There is no nationwide rule that says everyone can legally flip five cars per year without a dealer license. Some states use a specific number of vehicles. Other states look at whether you are actually operating a business buying and selling vehicles for profit. Don't Treat the Vehicle Limit Like a Loophole A common thing you'll hear online is: “You can sell five cars a year without a dealer license.” That is not a rule you should rely on. For example: - Florida: Buying, selling, dealing in, offering, or displaying three or more motor vehicles within 12 months creates a legal presumption that you're operating as a motor vehicle dealer. - Michigan: A person generally cannot conduct the business of buying, selling, brokering, leasing, or dealing in five or more vehicles during a 12-month period without the appropriate dealer license. - Connecticut: The law does not give car flippers a simple numerical safe harbor. Connecticut law generally prohibits engaging in the business of buying, selling, offering for sale, or brokering motor vehicles without the appropriate dealer license. That's why CarFlipMasters does not teach that you can automatically sell a certain number of cars anywhere in the United States. Check Your State Before Buying Cars for Resale Before your first flip, go to your state's official DMV, Secretary of State, Department of Revenue, or dealer-licensing website and determine: - How your state defines a motor vehicle dealer - How many privately owned vehicles you may sell - Whether the number is based on a calendar year or rolling 12-month period - Whether buying with the intention of resale affects the rule - Whether vehicles must first be titled in your name - Sales-tax requirements - Title-transfer requirements - Odometer-disclosure requirements - Bill-of-sale requirements - Emissions or safety inspection requirements - Temporary plate and registration laws - Salvage/rebuilt-title requirements - Warranty or "as-is" requirements - Business and dealer-license requirements

Curious what everyone here is actually looking to buy and flip right now. What kind of cars are you watching on Marketplace or Craigslist? Are you looking for cheap daily drivers, trucks, SUVs, older cars, something sporty, or just anything you can buy right? And when you find one, what usually makes you interested in it? Price? Mileage? Easy repairs? Clean body? Good resale? Also, what’s your normal budget when you’re shopping for a flip? Drop it below. I want to see what everyone is hunting for and what kind of deals you guys are trying to find.

Welcome to CarFlipMasters We’re starting fresh here. Joe and I built CarFlipMasters to help people learn how to buy, improve, and sell cars for profit. Instead of keeping the training behind a paywall, we decided to make all 44 video lessons free inside the Classroom. This community is brand new, and that’s actually what we want. We’d rather build it with the right people than fill it with noise. Use this space to post cars you’re thinking about buying, ask what something is worth, talk through repairs, pricing, negotiations, Marketplace deals, auctions, or anything else related to flipping cars. We’ll be in here answering questions and helping as much as we can. If you’re one of the first people here, introduce yourself below and tell us: Where are you from, and what kind of car would you like your first—or next—flip to be? Glad you’re here. Dan & Joe CarFlipMasters