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Old 05-04-2012, 10:15 PM   #21
Volfy
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The only way for non-licensed dealer to buy and sell without registering is to have the previous owner sign the title and the tx title application without filling in the buyers info or the sale date. Then when you do sell it, you will have to convince the buyer that it is okay to fill out the remaining fields on the title and tx title application. Buyer will legally be buying from the previous owner, not you.

Technically, you'd be breaking the law, which says any time money changes hands, the state and county want their cut of sales tax. You can get away with it if the previous owner does not fill out a title release form. Then you'll be in deep doodoo. For that reason, the state recommends any seller to do so, cus you never know what the buyer will do.

My advice? Just get it registered and pay the county. Even better advice? Find some other way to make money. The time you'll spend on flipping bikes will make you more money if you go flip burgers instead.

I bought 6 bikes in the last 10 months and actually almost right at broke even trading 2 of them, by the time I figure in the TTL. I thought. I did great already. You will have to be real patient and lucky to catch some great deals enough to make money doing it. I bought each bike fully intending on keeping it. My problems is that eBay and CL are chock full of great bikes and excellent deals.
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Old 05-04-2012, 10:19 PM   #22
flip326
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Quote:
Originally Posted by Volfy View Post
The only way for non-licensed dealer to buy and sell without registering is to have the previous owner sign the title and the tx title application without filling in the buyers info or the sale date. Then when you do sell it, you will have to convince the buyer that it is okay to fill out the remaining fields on the title and tx title application. Buyer will legally be buying from the previous owner, not you.

Technically, you'd be breaking the law, which says any time money changes hands, the state and county want their cut of sales tax. You can get away with it if the previous owner does not fill out a title release form. Then you'll be in deep doodoo. For that reason, the state recommends any seller to do so, cus you never know what the buyer will do.

My advice? Just get it registered and pay the county. Even better advice? Find some other way to make money. The time you'll spend on flipping bikes will make you more money if you go flip burgers instead.

I bought 6 bikes in the last 10 months and actually almost right at broke even trading 2 of them, by the time I figure in the TTL. I thought. I did great already. You will have to be real patient and lucky to catch some great deals enough to make money doing it. I bought each bike fully intending on keeping it. My problems is that eBay and CL are chock full of great bikes and excellent deals.
Yeah, it seems more trouble than its worth to actually use as income. Luckily, I have a normal 9-5 to live on.
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Old 05-04-2012, 10:21 PM   #23
YoungGun
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Quote:
Originally Posted by obed View Post
I am not moving just to save a couple hours a year....
I have tried them all in Houston and have never hit it and spent less than two hours...shepherd, long point, preston... and I have tried when they first open... lunch time, middle morning, middle afternoon.. they are always busy out the ...
between trucks, motorcyles and trailers, I have made a bunch of trips the last few years, and always waited.
Tried the one in Manvel? Took me 10 min. I've been across the hall paying tickets a few times and have never seen anybody in the tax office. Tiny town, not many people outside of Manvel even know that office exists.
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Old 05-04-2012, 10:24 PM   #24
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Might want to PM this guy he's a pro at fliiping them for profit Miahjera04
yea like tripple flip that
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Old 05-04-2012, 10:40 PM   #25
dabus63
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Quote:
Originally Posted by GREEN600 View Post
Might want to PM this guy he's a pro at fliiping them for profit Miahjera04

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Old 05-05-2012, 12:41 PM   #26
haythamboi600
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Generally, make sure they don't date the title and no you don't have to sign it. I did that with a few cars and wanted to get into Bikes but remember BIKE COMMUNITY IS VERY SMALL AND EVERYBODY KNOwS EVERYBODY. And They will stick up for each other. One bad deal, and......
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Old 05-05-2012, 12:48 PM   #27
NICKR1
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Quote:
Originally Posted by haythamboi600 View Post
Generally, make sure they don't date the title and no you don't have to sign it. I did that with a few cars and wanted to get into Bikes but remember BIKE COMMUNITY IS VERY SMALL AND EVERYBODY KNOwS EVERYBODY. And They will stick up for each other. One bad deal, and......
+10000000
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Old 05-05-2012, 02:50 PM   #28
theManofRussia
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Quote:
Originally Posted by flipboy326 View Post
I don't remember if I've asked, but here goes....

If I buy a bike for the sole purpose of selling it for profit, do I HAVE TO get the title put in my name, register,etc just to sell the bike.

For example I found and almost purchased a 2003 600rr for $2300 on CL. I figure I can sell for $4000 obo, because it was in good condition, low miles...etc

If i bought the bike, have the title in the last owners name, would it be legal to sell the bike without transferring title and paying all those fees.
That's how I bought my bike. I had the sales receipt from the "dealership" but the title was from some random dude. They looked at me funny at the DMV.
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