How to Make $1.6K/Day on Facebook Marketplace⏐Ep. #282

Matt Howe (0:00)

I was a high school math teacher. Teacher's income, baby coming, so just trying to come up with something, and that's where I started.

Chris Koerner (0:06)

What were you making as a teacher?

Matt Howe (0:08)

40,000 maybe. I profited 20 to 30K that summer, just summer.

Chris Koerner (0:13)

Yeah.

Matt Howe (0:14)

And so then alongside teaching, it was absolutely past it. So our best month, we did 1.1 million last year.

Chris Koerner (0:22)

In a month?

Matt Howe (0:23)

In a month, yeah.

Chris Koerner (0:24)

Holy crap.

Matt Howe (0:25)

It was posted for $300.

Chris Koerner (0:27)

What?

Matt Howe (0:28)

And I sold that for $3,000. This is a really big hack for you guys looking to buy and sell lawnmowers.

Chris Koerner (0:37)

So last week, I come across this guy on the internet, and his claim to fame was that he had made $50,000 of profit in one month, flipping riding mowers on Facebook Marketplace. My antennas immediately went up and I'm like, I got to talk to this guy. So we hopped on a call with my team. They vetted him out, discovered that yes, Matt's legit. And so I had him on the pod. Matt, how did you in rural Michigan, Jackson, Michigan, population 30,000 people, how did you make $50,000 in one month, buying and selling riding up lawn mowers? Not flipping them, not fixing them up, just buying them undervalued and selling them at market value. I'll give you a tip. Yes, he buys from individuals, but he also buys from dealerships. That's the secret. Today, he has his own dealership doing over a million dollars a month during the busy season. And yes, he's still buying and selling used and new. So if you want to make thousands of dollars a month, flipping riding mowers or anything on Facebook Marketplace, this episode is as tactical as you get. Please enjoy. Okay, well, Matt, why don't we start by you telling us who you are and what you do.

Matt Howe (1:36)

Yeah, so right now, who I am, I own an equipment dealership. And, you know, I think we're talking because I started this entire journey buying and selling used, not even just equipment, but couches, washers and dryers, church pews, TV's, Nintendo Wii's, right? So it all started just buying and selling stuff. And, you know, now I've got an equipment dealership and, you know, trying to take over the the world one lawnmower at a time, pretty much.

Chris Koerner (2:02)

OK, so you started flipping stuff before you opened your dealership?

Matt Howe (2:06)

Yes. So probably seven years ago, as a high school math teacher, I have no equipment industry background. I played sports growing up, high school, college basketball. And, you know, it wasn't really an intro. It's not like it's about lawnmowers for me or anything like that. But it definitely, you know, taught me business in a short period of time. And now my passion is absolutely business.

Chris Koerner (2:32)

OK. So what got you selling things on Facebook Marketplace? Like, what was the event that started that?

Matt Howe (2:39)

So, you know, the initial event is just teachers' income, wife at home, baby coming.

And you see a bank account that's just staying the same. So just trying to come up with something to increase the income. So, you know, that's what that's what spawned it all, basically. And that's where I started. And it was literally I went to an estate sale and I saw this beautiful church pew and the entranceway, they're selling for $80. And I just thought it was just that was my first moment. You know, I think of like large entrepreneurship of thinking that is worth more than $80. And people talk about flipping. And so, I just tried it with that, right? And so, I sold that, you know, probably a few hundred bucks. And I bought some other things. And, you know, that idea started there, right? And it was in the process. And you do other things to make money. YouTube certified research on how to flip houses that I moved and was doing a live-in flip. And arbitraging Craigslist, arbitraging Facebook, that started because I saw a couch that I had to sell when I moved. I saw the equivalent couch for $50. And it was in better shape than the one I had sold for $200. And that's where it all started. I'm going to buy this to straight flip it, you know, right off the Internet. And I made, you know, $250 within a day. And that just, the itch started, you know, right after that.

Chris Koerner (4:04)

Where did you hear about this first estate sale that you went to? How did you end up there?