The Fulton School
The car internship is going great. For some odd reason people are selling their Harley Davidsons. I showed a person a GTR yesterday. I am learning the visual aspect of selling cars. We have a McLaren in and it sucks. I cannot fully close the door. It struggled to stay at 1,000 rpm and there rocks chips every where. It is not in the best condition; however I bet it will be sold at auction. My first week, Parker (at auction) wholesaled a Lamborghini Gallardo for $154,000 and another broken McLaren for like $80,000.
Yesterday, the real estate internship was little boring. The agent I am shadowing is flipping a house and we had to run to the store and get supplies. I say only boring because I was standing in a Menards for an hour with no return. For him, he is (if all goes well)going to make some big profits. Part of the reason why it took so long was because the Menards staff did not know what they were doing. The biggest take away is learning how to be financially smart. Real estate for him buying or selling is a win win situation because he is an agent. He bought a rental unit through a 1031 exchange and he got a buyers agent fee. He got another building to add to his portfolio of income and he got a percentage of the price for being the buyers agent. There is a lot of money to be made., if you can successfully play the game right.
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The car internship sounds like a super fun job! Do you get to drive many of these cars or are you just helping and learning about how to sell them?
I’m not learning about selling cars at all (I learn how to sell with the real estate internship). I just help out. I get to drive a lot of the cars. I believe I’ve driven everything but 5 or so. I also get to drive the motorcycles that they have.