Flipping money reddit Reddit automatically removes affiliate links so check before linking from Amazon. The amount of time that those funds are held, will decrease for sellers with a good reputation. Going to just keep dumping money in and out. Yes it takes a ton of experience to master ("full time income" level) Yes if you put "all" your energy into flipping it will generate a return. SOURCING. Skip The Money Making Grind: Buy RuneWild Gold Tired of endless hours spent grinding for gold in RuneWild? It's time to break free from the monotony and embrace a faster, more rewarding path to success. All things related to automobiles that move on two wheels. Sometimes estimates of costs, or estimates of the market value after repairs, are off. USPS already loses money on that. It's different from the low-labor flipping style I prefer, but there are many people who make good money doing what you're talking about. When your wrist is as high as it can go, the bottom of the bottle should be about halfway up the first half of its flip. If you have a driveway, you're in luck. Dont be afraid to trim the fat off a box to save some money (but don't go crazy trying to save 30 cents) Plus accept you will win some and lose some when selling. Or check it out in the app stores I want to make enough money from freelancing, as a graphic designer, to not need any money from flipping. Looking for ways to flip $500 into the most money possible. It will be hard in F2p due to the limited number of items but there are many different ways of flipping Margin control where you find out the buy/sell price of an item and 1gp each side of a margin to ensure you control the market, easiest with high volume items Books is certainly not where I make my money, but we are bibliophiles and find a personal satisfaction in keeping them in circulation around the globe. Bubblewrap/Boxes: I make a weekly stroll through the office towards the end of the day and collect any items sitting at the recycle bins that I could utilize to ship my current inventory. Where can I get stuff to flip online? You can get things pretty much anywhere you go: If you want to start flipping furniture fast and make money at it, you want to go for the stuff you won’t have to do much to- anything mid century, tufted, velvet, rattan, cane, or wicker are all extremely profitable right now and you can usually find it listed for super cheap because people don’t know what they have is worth money. Basically the fundamentals. I had managed to turn about $4,000 in flipping profit over the first 40 or so transactions over a two-week period. It's not a simple niche, at all - probably one of the hardest to make consistent money in actually. Look at trends. A subreddit dedicated to the ancient art of blacksmithing. I mostly flip shoes, sports equipment, electronics, toys, tools and kitchenware. The only hard-to-come-by thing is a driveway. When you return a product to Costco, Amazon, or Walmart, it doesn’t always go back to the shelves. Generally speaking most common cards have so little value that you lose money just thinking about buying them. Reddit India bikes lovers gather here. This initial success only fueled my curiosity to see if I could scale things higher. A community dedicated to the art of flipping cars for profit. I know of 2 flippers who bombed at a storefront. 00 glass on it, selling for a minimum of $125. Here's how to consistently source phones to flip for a profit, the best places to resell, and tips to avoid getting scammed flipping phones. I quit my job and took on a big flip (6 mos. passive means it requires no or very minimal time and effort to earn and, Other times they just don't want to go through the hassle of cleaning it up to get more money because they need quick money. A place to discuss tactics and success stories of buying things for a low price and selling them for a Very much so. Sniping is usually low risk and easy money, You don't get a discount shipping media mail, no one does. Flippers sometimes lose money. When flipping houses you make money when you buy, not when you sell. While the full-time promotion and increased wages cover the lost income from flipping, it felt better/different having that flipping money hit the bank account every week. Leave some money to pay eBay within 30 days as well as pay for future online transactions or shipping. One place to source that inventory is the “clearance” section of nearby retail stores or websites. I probably flipped a good $7-10k of vinyl records alone over the course of 4 years and that money went into a savings account which I used for more records/HiFi and other hobbies. You pay them 60% of the value, sure, but often a handful of pieces, that often sell very quickly, will cover the full collection value, and the rest is just profit. Hey r/flipping. Are the days of flipping $10 electronics over? Yeah, for the most part, but did you realize that dogeared book is worth $300? Did you know that weird looking vinyl record is worth $700? Your best bet is to buy things low, here and there, things that will sell quick and flip them fast to come up with more money. The best thing you can give someone is your time and attention so I want to thank you for your donation of time to me! :) This is a guide to teach you how to buy 2. I am surprised that it really hasn't worked out that way. Motorbikes related posts here. I got a bachelor's in business and the money I Of the books worth actual money ($50+) they can take months to sell. Also check out your local Toys R Us, huge clearance sale on certain games/ accessories, some great titles you could flip. I personally put my potential warehouse rent money into a higher mortgage home so I don't have to have a warehouse and I have more storage space from the larger home/property. I'm thinking about doing pc flipping to get even more money, and i'll leave my current pc specs below too. Flipping pcs for money? Asking Question . The most successful flippers make over $100k per year reselling their thrift store finds. Archived post. I make tons of money off flipping watches, the trick is sourcing them cheap enough to turn a profit. A sister reddit of /r/wow. The job was to pay the bills and Flipping was anything extra Some special sale. At this point It's easy to sit in analysis paralysis for days and weeks and months watching YouTube videos, reading this subreddit, worrying about losing money, the returns, bad customers, etc. Thank you this gave me a bit of motivation. no, flipping is not a "sure thing" (aka "get rich quick") No it doesn't take a ton of experience to start. Flipping has been a very nice side income but there's a bit too much "paperwork" (e. Why flip cars?** Car flipping is THE side hustle for people who don't mind getting their hands dirty or doing physical labor to start out. This subreddit is temporarily private as part of a joint protest to Reddit's recent API changes, which breaks third-party apps and moderation tools, effectively forcing users to use the official Reddit app. The movement in the flip should be all from your wrist. Often times you'll find towers with components that are mismatched, such as high end GPU with lower end CPU, and vice versa. Let's face it. 90% of the time I find boxes/wrap around the office. I feel like I'm missing a great opportunity by ignoring 90% of the store which is clothes! But, I've always been a t-shirt and jeans kinda guy. Flipping isn’t just about selling something and hoping to make a profit but research and ideas are a big part of it as well it plays a big factor in how much money you make and it’s what separates many people. In my 2 years of flipping, I've never had to purchase these materials. Last summer I began to buy cracked cell phones, fix them, & flip them. 2 new listings per day. I'm saving up to build a new PC, i'll put these specs below. They make their money by selling 1000's of books a day and making a profit of $1 or less on each. they take up a lot of room, they are also prone to damage like mositure damage, mold, mildew, fixing, etc. I recently watched the documentary how to make money selling drugs and the concept works well for us as well. Here are my results: My first step was to purchase some envelopes from Amazon (non-ref - see the bottom of this post for information on the Amazon Affiliate Program). I dabble in flipping. Scared money doesn’t make money. These are called "sleepers" in the field of flipping. For example, a card rated 2/10 could be worth $5, the same card rated 5/10 could be worth $20, but the same card rated 10/10 could be worth $300. Things people buy the most --- guns, clothing, clothing accessories, self defense items, ammunition, cooking items, furniture (highest sales), Regardless, I almost doubled my money for the PC that I wanted to build, while also trying out a load of components, building up a youtube channel, networking, and improving my entrepreneurial spirit. I personally do 4-10k a month in sales flipping with pretty high profit margins. I’ve managed to go from around $900 ish to about roughly $14,000 ish. As such. If you find such an item, give it a quick inspection and leave it alone. Even if you make like 50m from flipping a single enchantment book, it's not worth it if it takes like 15 hours to fill up. Dont be afraid to take a $ loss on dog inventory just to get some cash back. 2g ea. 312K subscribers in the Flipping community. Chances are that they will drop and you won't be able to sell them at all, thus losing money. 3- Take into account the time it takes for your order to fill up. This challenge often leads to unexpected expenses and diminished profits. How to prevent loss of money / items not to flip: You don't want to flip items with an ins/inb that is (way) above their ge guide price. You may also be asking yourself “Is flipping money Also, not sure if you're just flipping phones in working condition, or also repairing and flipping. But make no mistake, Well, you're making more than I am sitting on my ass making snide comments on Reddit, Hey, I’ve been flipping bikes for roughly the last 6 years in South Africa (basically only buy 1985 - 2007 ish two stroke MX bikes). Find out ways to secure pairs (friends, family etc). If you are flipping with 10m, you’re only gunna make 500k/hr. So far any money feels like bonus because it is stuff I would have donated/gave away before. Flippers don't use store fronts, we use warehouses. If you can, buy multiples at a time in order to fine tune builds. The best So there’s definitely money to be made in flipping cars, far more than a typical job can pay you in a day. (🇮🇳-🏍️) Place for all Indian riders to discuss news, reviews and motorcycle trips. 70% off some games Posted by u/gwetchen - No votes and 12 comments $1000 profit isn’t bad for your first couple flips but you’ll want to focus on doubling and tripling that as your minimum margin so taxes and other expenses don't keep it from being worth your time. Rare cards, stars, autographed, graded, vintage - there can be some value. In most cases, that product ends up at a local liquidator that Since November 1, 2020, we've listed 3,021 items on eBay. Your best weapon at these sales is your brain. There’s a plethora of videos on YouTube of people It’s mid-October and I’m trapped at home like millions of other Americans, weary of the restrictions put in place to help stop the spread of COVID-19. Post latest news, reviews, opinions, pics, etc here. Find stuff that other people DO NOT know is worth money. If you make $5000 a month, you'll Having made a little more money than that on flipping videogames lately, I would add that one good way to make a lot of money in North America is buying off of collectors a whole collection. I have flipped homes for a while, I tried to do it as a career after doing it on the side for a few years. Flipping is potentially the greatest money maker in the game if you are good at it. Or you have someone buying far fewer books and making no money when they think they are. Personally, if you want to get items from auctions to flip, you may be better off just going to local auctions in-person, rather than on-line. Don't draw interest to it, don't act You can lose a lot of money by going over 1 ounce or 1 inch after a certain point. I don't think I'd ever do it just for the money, there has to be some personal interest involved. And I don't mean a little more, that $5 ticket that you used to be able to buy on StubHub is now $15 or $20 at the box office so in terms of percentage you're paying an enormous markup. Follow the hype. r/beermoney has been great for a few bucks here or there, but it's not often that something comes along that earns you a lot of money. I will give you an example. At the time I was only focusing on Galaxy S3 & S4. ) I’m mindlessly scrolling my Facebook news feed and up pops the dreaded “Sugg Bed-in-a-Box Mattress Returns. You'll find yourself spending about half what you expect to make per month. Not literally. The latter will require skills, tools, and time but can reap higher margins. 8g when the next listed price for that same cloth is 10k quantity at 2. Know the market. Surprises happen. I will though counter the argument with the fact that if said user posts item specifics, there’s a good chance they know what they have and will be less willing to negotiate or take less than their ask- which kinda defeats one of the goals of shopping eBay to sell on eBay. I’ve been with eBay since 2007, and these numbers (for me) haven’t ever really changed Get the Reddit app Scan this QR code to download the app now. However, If you put *any* energy into flipping you will generate a return. I've flipped a couple cars. They factor in mileage on their vehicle, gas costs, shipping supplies costs, and most importantly, time. 2- To make a lot of money, you better have a lot of money to start. A place to discuss tactics and success stories of buying things for a low price and selling them for a It might be okay for a side hustle, but would be pretty hard depending on you location and what other services you could offer. I was an authorized cell phone repair tech for Sprint and got out of fixing and flipping phones on the side as I found it too much work for the money, but ymmv. A place to discuss tactics and success stories of buying things for a low price Hello Reddit, Attached is a snippet of the private money loan that we got from a family friend. A look at the primitive tracking sheet I used early on to track P/L on flipped cards. It's not that easy. I would like to present the 8 levels of flippers / resellers. I’ve made plenty and still do. part of the problem is people get super excited to get started. Flipping small items is really time-consuming work where you probably end up earning less than minimum wage when everything is factored in. 329K subscribers in the Flipping community. Some flippers go even deeper than this. 320K subscribers in the Flipping community. Most people lose their ass on the first flip because they look for a long time, get beat by a few cash only offers on the better properties and then end up with a big ass lemon. PAWN: This is the new comer in this business and selling small amount of items in places such as school, college, work. I thought quitting flipping would relieve some of the stress and weight off my shoulders. These policies are anti broker which everyone cheers but at the end of the day the consumer ends up paying more money for the ticket. Most online mattress companies offer a 100-night It might have once seemed like an easy way to earn money, but the current used market has made car flipping unprofitable unless you're mechanically inclined. So I started my Ebay store about a month later and 9 months later I quit my job. I flip watches fairly regularly. This is what I learned about car flipping after getting really good at it in one summer. but I thought that I would explain some of my experiences with AH Flipping. Let's start a thread on the easiest items to flip to help us all with ideas for flipping. People don’t do it because it doesn’t progress your account, and like I previously said, it’s not the best money-maker until you have a sizable liquid cash stack. Ben Huber | DollarSprout. 20 votes, 24 comments. (I work from home, so this isn’t new to me. Share your success stories, horror stories, ask questions, and learn from others. essentially making almost $50/phone and it only took me 45 minutes to complete. Golden rule for flipping cards is CONDITION! Even if you have a highly collectible card, the condition will determine it's value. I'm a full time nurse and just do it as a hobby. If you want to flip and make easy profit there is a way to do it. Don’t be afraid to invest. First off, THANK YOU for taking the time to read my first guide. [PART ONE] 1**. I was at a self run estate sale. I'll be doing so again myself. I don't really see how people can make a decent chunk doing this. You make your money on the buy. I could pick up an S3 on eBay for $75 shipped drop a $3. But ultimately, if you're willing to repair, sand, finish, paint, etc then you can absolutely add value to furniture and make money. It's a place to share ideas, Hard money lenders will loan you maybe 60% of the value, they want to know if you fail, they can sell the place and recoup their money. ) and made a good profit, but I had spent a lot of savings on living expenses etc. If you want to get into video games, you should check out Best Buys Gamer Club Unlocked program. My last "flip" was a . Flipping phones is way easier - what I do is buy used phone off of Facebook marketplace then sell them to SmartphonesPLUS. Hello Reddit community, As an app developer who ventured into house flipping in North Carolina, completing 6 flips in 2022 and 2023, I've encountered a significant challenge that many newcomers face in the industry: accurately estimating renovation costs. That thing has made me more money than any other video games subscription. I decided to try selling things on Amazon. This is for 100% financing and my partner and I will be fronting the repair cost. true. eBay is not going to take its 10% cut of the sale immediately, so make sure you do not simply withdraw or spend all of the money in your PayPal. For my first 7-8 years of flipping i would work part time/full time jobs and i would use all my flipping money for things I personally wanted, like PC upgrades, gaming, vacations, trips, dates etc. This is known as Amazon FBA clearance arbitrage or retail arbitrage. Take lots of small risks. The key is to find goods that are highly desirable and worth enough money to make a profit after expenses. I am sure that there is a lot that I am missing, at 1. Believe it or not, you can make meaningful money as a thrift store flipper. making listings). In total we had $70,258. One was a thrift store and the other a cell phone store. The on-line ones attract both flippers AND collectors/end buyers, so you are actually competing with the people you eventually want to sell to. Learn how to turn your passion into a money-making hobby. Cars related discussion is not allowed I'm currently learning reselling just by selling stuff from my house. I've been brainstorming on ways to increase my stream of income, and I've been thinking about the notion of flipping land - buying a cheap plot, cleaning up the property and then selling it outright for cash and/or a low finance deal. I bought a large antique mantle clock standing at almost 3 feet tall for about $10 at an estate auction and flipped it for over $500+shipping costs. If you buy used (and buy smart) and make sure you get a fair, realistic price when you sell, you may end up breaking even. In my experience, I work in retail. 30 cent vintage Fiesta Ware mug I found at a resale shop that I sold for $10 on Macari. It may not be as flashy as the sneaker business, but may be easier to source inventory and begin to multiply your money. Finding deeply discounted items is the first step toward a profitable flipping business. I even reconnected with a high school friend who I used to tinker computers with who is flipping PC’s the next county over. Flipping is a job. I have any earnings aside to use should I decide to actually try flipping to make money. While the popularity of certain items may vary depending on your location and current trends, here are some categories that generally have a good potential for profit: r/OSRSflipping: Post your flips, ask questions, share your ideas, and start discussions about Old School RuneScape flipping and investing. Those risks are your education. Keep investing and if it’s something you really want to do long term keep the money snowballing. Obviously this wouldn't be a 'get rich quick' scheme per se, but more of a buy/flip/sell deal. Flip what you find. You know what I mean 🙂 Anyway, I only put effort into things I'm 95% sure will return a profit with minimal effort. I haven’t really been open with this and I think that’s my first big mistake. I'd suggest joining some of the phone flipping groups on Facebook and read the info provided. Let go of the bottle when its bottom is in the air. If you’re flipping with 1b, you’re human make closer to 5m/hr. That said, where I've lost money is when I bought something I really wanted, instead of buying based on resale value — and I've been perfectly OK losing money that way. Show off your latest creations or get advice on a problem. I know this is higher then what we could get through a hard money lender, but we went this route for the ease and not having any closing cost etc. Look to hard money lenders. In addition to some knowledge and research on what you want to flip, there are 4 other things to think about before purchasing: Item quality; Market price; Profit margin (including fees) Packaging and shipping; 1. But I do enjoy the occasional Starbucks workday. I only do it on my lunch hour and only one store. That's an average of 8. com you just have to send offers lower than the amount you can sell them for on that website. There’s plenty of money to be made flipping. Saddest estate sale I had been to. 599 votes, 201 comments. It works for where I'm at in life now. 31 in Have you been asking yourself “What does flipping money mean?” or “How do cash flips work?” Flipping money involves acquiring an asset and selling it at a higher price. We’re thinking of starting to flip pop up trailers and campers (not RVs, just the trailer itself, that attaches to the back of an existing vehicle). Know the releases. I’ve made so much money on random crap that I saw and thought “is that worth anything”. 4- Find your own flips. Item Quality. Let go of the bottle at this point so it can continue the circle and flip back down, landing after just 1 clockwise With all that said, not all (especially novice) house flippers make money, and even experienced flippers who do it a lot by my understanding budget about 1 deal in 10 to be a loser and make it up and then some on the other 9. Indian Bikes Reddit community. Think about using flips as a way to gain rental housesif you can flip 6 houses per year and retain one or two, you’ll be building wealth and future passive income. Someone who lists item specifics may not catch the eye of average rando eBay user. Learn from your mistakes. Clearance Items. In a typical week, Jeff resells 20-30 used iPhones with a target profit of You can almost always make money off of something at Goodwill - it's fully dependent on your field of knowledge & level of expertise. I miss flipping. My initial results were promising. And that's a profit accounting for the time it takes you to repair, clean, photograph, and list the watch. I love building computers as a hobby, but is it worth it to buy a office pc, This is the definitive Reddit source for video game collectors or those who would like to start collecting interactive entertainment. Pallet flipping is a popular “buy low, sell high” side hustle. g. Nearing the end of completing that big flip I started looking for another one, I looked at at least 50 homes and none were good candidates due So I've been flipping items for about a year with success. I'm willing to not have a pc for a while, and would it be worth it to take my r5 3600 and my gtx 1660 ti from this pc, and use that in a pc flipping build? PC specs i want to get: 312K subscribers in the Flipping community. A friendly, supportive, inclusive, women-focused community where we share our own 7-day Money Diaries, money tips and stories, ask questions and just discuss money, life and R29 Money Diaries. to really get into the cell phone flip game so like the other guy said if you do have $400 ish on hand would be good to use that towards your first phone, some money for this course from this guy. You should have considerable cash though. You also don't want to flip items that only fullfill one of the three criteria I explained earlier. I would have starved just looking for those items. you can make good money yeah but there is nothing "passive" about finding furniture, hauling it, fixing it up, selling it, etc. I'm having fun so I have started to explore what would make flipping worth while. My girlfriend and I have some money saved up and are both pretty handy with Reno’s and have a ton of contacts of people who work with electrical/plumbing/painting etc. 1. Is this true? Can I just keep my eyes out for a cheap home in need of fixing like foreclosures, get the cheapest work i can get done on it by getting 3 quotes per job, and then sell it for as high as I can? 107 votes, 166 comments. I recommend checking out his youtube content, tons of good shit. I dont do it full time, its more of a hobby between my dad and I, but there is defintely good money to be made. I'm very spoiled when it comes to shipping. It's always been that way. That last bit is hyperbole but you get the drift. You can’t flip what you can’t find. After coming up with a lot of possible business ideas I happened to be in a Goodwill and it dawned on me flipping might just do it. I’m just wondering where can I start, what bikes to buy, bike parts, etc. Of that we've sold 1,819 items, or about 5 per day on average, for a total sale through rate of 60%. Never risk more than 10% off your money on anything, but if you aren't risking more than half of your money at any time you're wasting it. Conventional financing doesn’t really work well for flips. Another flipping business that might be worth exploring is simply buying clearance items locally, and reselling them for a profit on Amazon. I just recently flipped a mountain bike I bought for 60 dollars 2 years ago, with minimal fixing. Can be illegal or not, just need a way to make money fast and am willing to do anything for the quickest return. . These factors are up to you and are an optional part of flipping for some. Over time you can also improve that skillset to make even more money. I thought I could have made a little more money if I wasn’t so ignorant. Long story short. Can you really make money flipping phones? To find out, I sat down with pro cell phone flipper Jeff Duhon from the Smart Flippers Faceboo k group. It's not near as much money as I made before, but I don't work nearly as much either. Not affiliated with Refinery29. At least at first Polymailers and label sleeves: Amazon . People say for house flipping you need to know people to get the work done dirt cheap to make money. I get your point. If you do a quick Google search, Flipping items on Facebook Marketplace can be a great side hustle to make money. itbo mkdmto uuex mvdnb kkzirr bjrwt kvgu fky jzwa nxdhb