Flipping for 50M

[sm321]

Just a quick question, how long would it take me from scratch to flip for 50M? Thanks Starting Money - around 100k, general flipping of items. I will start at 100k and then build up from there.

 

[mxtrix]

Not long, just do natures and logs you need about 5M to start up getting decent profit though

 

[LoveLover]

I don't understand your question. You can't flip from scratch, and you haven't specified any moneymaking method to go from scratch to X amount of cash.

 

[sm321]

I don't understand your question. You can't flip from scratch, and you haven't specified any moneymaking method to go from scratch to X amount of cash.

Just general flipping of items Starting with money made from skills.

 

[stui]

How much money would you be starting with??

because if you start flipping with like a mil you will only be making maybe 10k profit per flip

Gives us more info so we can help more

 

[sm321]

Bump

 

[Spraynwipe]

100k isn't going to net you very much instantly. It's going to take a long time to get up to a few mil to even start raking in the big bucks. My suggestion to you is to do some barrows, flax or skilling to get a few mil (maybe 5+ mil would work) then start with the flipping. Runes or logs etc would be a good flipping item to start with. Good luck!

 

[sm321]

100k isn't going to net you very much instantly. It's going to take a long time to get up to a few mil to even start raking in the big bucks. My suggestion to you is to do some barrows, flax or skilling to get a few mil (maybe 5+ mil would work) then start with the flipping. Runes or logs etc would be a good flipping item to start with. Good luck!

Thanks for the good luck But say starting from 100k, any time estimates in playing hours?

 

[Callan2345]

I wouldn't suggest flipping until you have at least 5-10M, the reason being, is the gains you make are percentile, and starting with such a small amount would hinder your growth. Even increasing your total bank to 1M before you start flipping would increase the amount you earn by 10 times, or more.

Also, it's the more espensive items that have the highest profits when you're flipping, so your growth tends to be exponential, as well as percentile.

 

[sm321]

I wouldn't suggest flipping until you have at least 5-10M, the reason being, is the gains you make are percentile, and starting with such a small amount would hinder your growth. Even increasing your total bank to 1M before you start flipping would increase the amount you earn by 10 times, or more.

Also, it's the more espensive items that have the highest profits when you're flipping, so your growth tends to be exponential, as well as percentile.

I know that the more you spend, the more you have. But I need to flip before I can get 1M+ because I find that hard to do by skilling.

 

[MasterKratos]

Well it depends. how much money do you have?
I flip with about 1M+, only 2 items with 25k profit each time I flip...

 

[TxT]

You will need atleast 5m to make a decent profit from flipping. Do drags or something until you get a couple mil.