Right this moment, I’ve a really distinctive interview with Melissa Tonini of fleamarketflipper.com about making a living by flipping thrift retailer gadgets. Melissa began this as a aspect hustle and now she does this full-time.
She and her husband have remodeled $130,000 final yr flipping gadgets from thrift shops.
She has a FREE Webinar Workshop on tips on how to begin your personal flipping enterprise the place she talks about tips on how to discover gadgets, tips on how to promote on Fb,eBay and so on. The course has tons of information on each side of flipping.
I by no means knew there may be a lot potential in flipping flea market gadgets. This generally is a nice aspect hustle and even your major enterprise. A worthwhile approach to earn money from dwelling flexibly!
Try her interview to seek out out extra about this aspect hustle.
How did you began in flipping enterprise for additional earnings?
I realized about flipping flea market gadgets from my husband. He has been doing it since he was 16! He began by shopping for Nordic Tracks for $10-$15 right here in Florida and promoting them on eBay to somebody up north (the place they train extra) for round $200.
I suppose you’ll be able to say I married into it. For those who requested me ten years in the past if I assumed we might be doing this to assist our younger household of 5, I’d have laughed.
Not as a result of I didn’t know that it may make us cash, however as a result of it wasn’t a ‘actual job’. It seems we don’t do ‘actual jobs’ very nicely, and far choose to work for ourselves, on our personal time.
What’s Thrift Retailer Flipping? Are you able to inform us intimately?
Flipping is the artwork of discovering issues that no person else sees worth in and promoting for a revenue! It’s shopping for a used and second-hand merchandise from the flea market (or yard sale, thrift retailer or public sale), after which reselling it to another person who’s seeking to purchase that merchandise.
Some gadgets require somewhat love and elbow grease to get wanting good or functioning nicely once more, and a few gadgets simply should be marketed on-line to seek out the one who is searching for it. A wonderful reference is American Pickers. They decide and so they flip 5. The fellows of storage wars do it too.
They purchase storage items filled with stuff, after which promote it off in hopes to make a revenue. We’ve got by no means bought a storage unit, however we purchase from distributors that do.
How a lot cash are you able to make with thrift retailer flipping?
That is like the rest; you get out of it what you place into it. If somebody takes the time to study some correct strategies and adopts somewhat time discovering and posting some good gadgets, you may make a full-time dwelling off of it.
That is one thing we’ve been doing on the aspect for our entire marriage. Some months it introduced us a whole lot of additional money, and a few months not as a lot.
We didn’t actually maintain good information of what we made till about three years in the past. Half time in 2014 and 2015, we made simply over $40K for annually!
We jumped into thrift retailer flipping full time in Might 2017, and totaled over $133,000 for the yr! We have been ecstatic after we totaled the numbers and felt so blessed from final yr.
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What are the prices concerned in beginning this enterprise?
I like this query as a result of it’s actually lots lower than individuals suppose. We advocate to our college students beginning out to speculate $20-$50 at first.
They’ll purchase a couple of gadgets for that, get a really feel for what they should do to promote them, and make about $100-$300 on it. Then take that cash, reinvest a part of it and do it once more to make some extra.
We additionally lately wrote an eBook on tips on how to get FREE gadgets to promote for a revenue. Rob offers 5 other ways you’ll be able to make investments nothing and nonetheless make a return on it. We use a number of of those practices weekly.
What’s the better part about promoting on eBay?
We promote on eBay, Supply Up, Fb, & Craigslist, however eBay is our favourite as a result of it reaches the broadest viewers. The probability of somebody seeing it who wants it’s a lot larger.
We will additionally take advantage of cash on eBay as a result of issues are usually priced larger than the native promoting pages and apps.
What are your suggestions for somebody who needs to start out their flipping enterprise?
If somebody is model new, we ask them to start out out with gadgets they take pleasure in searching for or find out about. For instance, my sister-in-law loves something with stitching and crafting, so she is all the time on the look out for good title stitching machines, and crafting provides, she is aware of that may be costly.
One other instance is a mum promoting child and child gadgets. They’re in that stage of like in order that they know what manufacturers will promote one of the best usually.
One other tip I’d give is to remain in line with it for a pair months. Go to the flea market, thrift shops and yard gross sales every week and maintain posting the gadgets on-line.
Generally it takes a couple of weeks for an merchandise to promote, so when you’ve got a continuing move of things out and in, you should have a gradual move of cash.
Are you able to please inform us about your course?
Completely! Final yr my husband Rob and I made a decision to create an e-course referred to as Flipper College to assist individuals achieve success of their flipping aspect hustles. A few the issues it consists of are:
- Tips on how to Promote Issues From House and Declutter Your Life
- How Saving Cash is a Pure A part of This Career
- The place to Discover the Greatest Objects
- Tips on how to Discover Objects of Worth
- Negotiating the Sale in Individual
- Negotiating the Sale On-line
- Getting an Merchandise Prepared for Sale
- Taking Nice Footage That Will Promote Your Merchandise
- Every thing eBay
- Organising Your PayPal Account
- Tips on how to Promote on Fb
- Tips on how to Promote on Supply Up
- Tips on how to Promote on Craigslist
- Tips on how to Keep away from Scams, Frauds, and Remembers
- Tips on how to Package deal and Ship Objects The Most Value Efficient Method
- Preserving Observe of Your Gross sales
- AND MORE!!!
We’re euphoric to be serving to individuals make an additional earnings from dwelling, in their very own time, and doing one thing they take pleasure in!
Listed here are some testimonials:
“I lately took Dave Ramsey’s Monetary Peace College. I referred to as Robbie as much as assist me promote a few of my issues on eBay to assist me fill my $1,000 emergency fund. He walked me via the entire promoting and transport course of and along with his assist I now have my full emergency fund and am now working towards my financial savings of 3-6 months of bills.” –Bryan T
“Robbie noticed how laborious I used to be working at my present job and all of the lengthy hours I spent working as a substitute of spending high quality time with my household. He approached me at some point and stated I ought to flip gadgets like he does so I may spend extra household time with my daughter. I used to be somewhat hesitant at first, however I agreed to go try the flea market at some point. He confirmed me what to purchase and tips on how to dicker with the distributors to get one of the best worth attainable. I ended up spending a complete of $50 on a number of gadgets and remodeled $450 revenue. I’ve been hooked ever since.” – Bobi F
“Years in the past a few our pals requested us to go on a cruise with them. I didn’t have the additional cash to go however my good friend Robbie informed me to return with him to some thrift shops and he would assist me make the cash I wanted to go on it. I ended up shopping for three gadgets after which he helped me arrange an eBay account and taught me tips on how to take footage and listing the gadgets. I bought the three gadgets for a $1,505 revenue and for sure I made greater than sufficient cash to go on the cruise and we had the time of our lives!” –James B
Last ideas about thrift retailer flipping
Whether or not you wish to begin it as one in all your aspect jobs or dive into flipping full-time, thrift retailer flipping is a good way to earn cash. You possibly can try Melissa’s Flipper College course to get extra particulars about this 6 determine aspect enterprise. For the returns it offers, flipping is a superb work-at-home possibility.
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