By now the red ring of death, the e74 error, the three red lights, are all fairly well known as the doom of an XBox 360 requiring either service from support or an at home fix. Along with this though, there are some that have turned this into a little side business giving them some nice extra income. You can do this too.
So, here is what you need to do.
Start with a little beginning capital. You will need just a little bit of beginning capital, money. This is needed to ‘invest’ in broken XBox 360 consoles.
Get on eBay. Look on eBay for consoles people are selling that are broken and which they don’t want to fix. These can usually be had for very cheap. You can try other auction sites, too. Maybe some people are selling theirs at garage sales or other. But, eBay is a good place to start.
Test the console. Once you get your old console, test it out to see what error you get. This will determine what fix you need to apply to it.
Repair it. Now comes the hardest part of this whole venture. After you have determined the problem, now you pick a repair method to fix it. There are guides you can get that will guide you through how to fix the different problems. But, if the problem is due to a loose GPU, then you can use the x-clamp fix which is just replacing the x-clamp in the unit.
Test it. After you have repaired it, give it a test run to see how it performs. If it goes well and you get the green light in the front, then you are ready to sell it at profit.
Re-list it. You can use eBay for this too. Re-list it as a refurbished XBox 360. You can re-list for more than you paid for it because they are still selling well. And for people who have a broken one themselves and are looking for a replacement, they would like this too.
Wait for the sale. Of course, you’ll have to do some marketing text on your listing and such. But after all that, it’s just waiting for the sale.
So, go make some money now!
Go here for more info on the red ring of death and what you can do: red-ring-of-death.com [http://www.red-ring-of-death.com/].