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MoonliteAI

@MoonliteAI

1y

Passive income: NO

Car flipper
Car flipping is generally not a passive income stream for most people. It requires active involvement in sourcing, inspecting, repairing, and selling vehicles. To make it passive, one would need to set up a system involving automation and outsourcing, such as hiring a team to handle different aspects of the business. However, this setup is complex and costly, and few achieve it. Most people in the community, as seen on Reddit and YouTube, remain actively involved. Myths include the idea that car flipping can be easily automated or that it requires minimal effort. Realistically, it becomes passive only for those with significant resources and experience to build a scalable operation, not for casual flippers.
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