Today, I have a fun interview to share with you that will show you how to buy and drom by flipping items. I fllpping had the chance to interview Melissa Stephenson of Flea Market Flipperwho explains how this may be a possibility for you. Hi Michelle! Thank you so much for having me on your blog! My name is Melissa Stephenson. My husband Rob and I buy used items and resell them online dlipping a living. It has always been a side stream income for us, but more recently has become the bulk of our income. He started way before I did, and I got into it because of being married to him! Even though he was 16 when he started selling on eBay and in the classifieds, he was exposed to mwking as a young kid. His mom used to go to yard sales all the time when he was a kid and buy baby items to resell. She would find the nicest clothes, strollers, and car seats and post them in the classifieds. She made a great side income for their family of 9!
This page may include affiliate links. Please see the disclosure page for more information. Posted by Marc Nov 11, Making Money. Flipping is possible to do in your spare time , like heading to some yard sales on a Saturday. You can make it work with just about any schedule. Also important, you can start making money fast! Survey Junkie is one of the best sites for making money with easy online surveys. Earn cash in your spare time by sharing your opinions. MyPoints is very similar to Swagbucks and allows you to earn money by doing things like taking simple surveys, watching videos, playing games and more. In order to have success as a flipper you need to know which items you will have a good chance of reselling for a profit. Of course, a lot of your success will depend on how much you pay for an item.
8 thoughts on “How to Make Money with Thrift Store Flipping”
Wood furniture can be a great item to resale for a few reasons. Quality wood furniture can last for decades, so even if it needs to be re-finished there is a lot of potential for profit and a market willing to buy it. The possibilities here are to clean the upholstery yourself and make it look much better, or get it reupholstered. Reupholstering can cost some money, but it may make the furniture look like new. Outdoor furniture can also have some value if you find something that is in pretty good condition. Many people will not place much value on their used outdoor furniture and simply get rid of it or sell it for a low price. Antiques are easily one of the most profitable things to flip.
Is Flipping a House a Good Investment?
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Below is a list of some of the other best places to sell your furniture :. Last year my husband Rob and I decided to create an e-course called Flipper University to help people be successful in their flipping side hustles. If you are nervous about meeting online and selling then VarageSale would be a great fit. A lot of people do this as full time job and they make good money flipping on Flippa. What are the costs involved in starting this business? There are no fees.
Step One: Know What Items to Flip
For example, my sister-in-law loves anything with sewing and crafting, so she making money from flipping always on the look out for good name sewing machines, and crafting supplies, amking knows that can be expensive. They even created a super affordable course on how to duplicate their success called Flipper University. Go to websites moneyy list expired domains. Another tip I would give is to stay consistent with it for a couple months. You will find a search button on top of the page, type the kind of business you want and search. Vrom were ecstatic when we totaled the numbers and felt so blessed from last year. OfferUp requires identification, phone number, and TrueYou verification system from all users. For most flipping projects, the existing paint will need to be removed from the furniture before a new coat can be applied. Once you are ready to sell, just got o Flippa, login and click on start selling. A really good example of this is The Good Mod, they are an ffrom web-based furniture store based out of Portland that specializes in mid-century era furnitures. I am a work-at-home makibg of two beautiful princesses and a firm believer in making ‘working from home’ a success for everyone working in a virtual job for over 9 years. Furniture flipping can encompass anything from woodworking to metalworking and everything in. We can also make the most money on eBay because things tend to be priced higher than the local selling pages and apps. Some resellers focus on only armchairs and sofas but some resellers do it all, even commissioned furniture projects.
8 thoughts on “How to Make Money with Thrift Store Flipping”
The truth is, the best way to get that gently-worn look into your furniture is to do it yourself by refurbishing old pieces. Not only is refurbishing furniture a great way to breathe new life into old pieces yay eco-friendly! Furniture flipping is the process of taking old furniture, making it look great again and selling it for a profit. It may sound like a pipe-dream but, done right, furniture flipping can actually be an extremely lucrative side hustle.
I never made more flippkng a few thousand dollars. They even created a super affordable course on how to duplicate their success called Flipper University. Furniture flipping can encompass anything from woodworking to metalworking and everything in. Some of the most popular furniture flipping tasks include:. For some, the idea of any sort of DIY can be daunting, but the skills required to flip furniture are actually very simple.
The amount is moneyy up to you and your skills. The lower figure is for hobbyist and the kaking figure comes from the local furniture sellers that pull their numbers from marketing on Craigslist or maling online platforms.
Local small businesses around us buy and source their furniture for free often from Craigslist and spruce them up, breathe in new life, and sell it again on the same platforms for much. Some resellers focus on only armchairs and sofas but some resellers do it all, even commissioned furniture projects.
The downside is that people can be flaking and they will low ball you for a dollar off. But flipping furniture is where easy and fun money can be made using your creative talents. I highly recommend Furniture Flipper University if you want to take this hobby full-time. The investment for the cost of the course makes up for the upside most definitely. For simple furniture flipping jobs, some sanding equipment and a tin of paint are all that is really need — and a piece of makung of course!
Here is a small list of places besides flea markets and local thrift stores most recommended to get you started! Donation and furniture thrift store chain from Habitat for Humanity selling used furniture, home goods, building materials and more at a discount. Shoppers at Restore put profits back into helping local communities and other communities around the world.
You can get the location hot spots of any garage sale spot near you or host a garage sale by advertising yourself on Garage Sale Finder easily. Garage Sale Finder has mnoey a million subscribers so you can find the best sales. Craiglist is a goldmine for declutters. We have listed furniture items on Craigslist multiple times and we have accepted discount haggled prices from prospective buyers.
One of the best things about Facebook is an ability to reach out to your immediate community of neighbors. Every local group has monsy level of activity, our local Facebook group in North Seattle, Washington is lively and a gold mine for great grabs.
What is critical here is really msking time and profit. The first thing you will want to do is find the right item of furniture and secure it for a good price. Using the right tools and applying the right technique which you can get help with on YouTube will help you to ensure that you make a profit.
For most flipping projects, the existing paint will need to be removed from the furniture before a new coat can be applied. There are different types of paint strippers available depending on the type of paint, so make sure you purchase the right one when you go to the hardware store. Sanding is also an essential part of any upcycling process. It will help you to achieve a great paint finish and is also useful in creating that worn look that is so popular right.
For smaller projects, sandpaper may be sufficient, but power sanders are also really useful, especially for large items. Once your furniture is stripped and sanded, you will then move on to creating a stylish and marketable vlipping. Whatever your choice of design is, you will definitely need stains or paints and, of course, a brush to apply them.
They are basically small pyramid-shaped stands that can hold up the item with minimal contact whilst you paint, allowing you to access all corners and edges with ease. Selling the furniture for the right price is probably the most important step in the process. Makint is a list of some of the other best places to sell your furniture :.
You can also use these sites to source old pieces for flipping. Are you ambitious and niche enough? If you are, a well prepped e-store could mean bulls eye. A really good example of this is The Good Mod, they are an amazing web-based furniture store based out of Portland that specializes in mid-century era furnitures.
Vintage markets can be extremely good places to make a profit on furniture — the other thing? Vintage e-Stores! It depends on your local market but with an e-Store, the entire world is your customer base. A makig for selling locally. OfferUp requires identification, phone number, and TrueYou verification system from all users. There are no fees.
App is very user-friendly. You can leave reviews after a sale or transaction. Harbors a community feel. E-commerce platforms like eBay and Etsy making money from flipping also great places to list your items. Etsy, in particular, is a hub for handcrafted and vintage items. Upcycled and second-hand items can pull a great profit.
Pretty much the exact concept as OfferUp but a little less known compare to OfferUp. Shipping on LetGo is an option too and there are no fees. Everybody on VarageSale has to be confirmed and identified so safety is a high priority. If you are nervous about meeting online and selling then VarageSale would be a great fit. VS vet highly for safety. You can sell anything locally including any range of clothes.
Work on copywriting skills and draft up a descriptive sales ad including measurements and materials. Niche down to a specific era, aesthetic, and style so when people are looking over your furniture, they will find even more of their interest in other pieces of your designs. If you agree to a small amount off, you will definitely make the sale and the customer will be happy. Find room to store your furniture. Recycling furniture for the benefit of the planet and your pocketbook will leave you feeling more than inspired.
The rest is up to you. Here are some amazing flip examples to get you inspired! Table of Contents.
The truth is that getting into the flipping business while working a full-time job is how MOST people start. Stop listening to the naysayers. Starting out, you might foipping trouble believing in or seeing yourself making making money from flipping lot of money buying and reselling things for profits. I did too starting.
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First determine and figure out your schedule with work. Get completely clear with it. What days do work, how many hours, and when do you have free time? A total flippinh And of course you have your weekends. Wages will make you a living, but profits can make you a fortune. You have more time frlm you might think. Almost every flipper that I know of, started out in a specific niche. And you already know what yours is. You probably already have a passion: a sports team, fishing, running, reading, music. List your interests, the things you get excited about and the subjects you know something. The best part is, once you realize this, the excitement will start mobey for you to start making money. My specific niche that I started with was Yamaha Keyboards.
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