Sign In or Register. My short-term goal is to soften the fast-approaching blow of childcare for our new baby boy born Dec. I paste the addresses into EasyMapMaker. People are less likely to buy from someone who is reading a book or talking on a phone, and more likely to buy if you greet them and are available to answer questions and negotiate, says Hammond. The space constraints and slow turn around time have made it difficult for me to scale.
2.) What is the most difficult part of flipping used things?
January 12, by Bobby Hoyt Leave a Comment. Disclaimer: This post may contain affiliate links. Please read my disclosure for more information. Hey everyone! I’m so excited about this interview today. People always ask me about side hustles that drom easy to get started with, and I honestly believe that going garafe local garage sales, buying random stuff, and turning around and selling for a profit is one of the most accessible arbitrages out .
2.) What is the most difficult part of flipping used things?
Late July and early August is one of the most popular times for people to move out of rented houses and apartments and into new ones. Will all of my old furniture fit in my new house? Moving houses is a great time to make way for a garage sale! All of us go through stages in our lives where we outgrow the need for belongings to make way for the new. Yet many people find themselves steering away from garage sales because you just never seem to make as much money as they feel their items are worth. The trick to a financially successful garage sale is to treat your sale like a business and spruce it up a little!
Where does he shop?
January 12, by Bobby Hoyt Leave a Comment. Disclaimer: This post may contain affiliate links. Please read my disclosure for more information. Hey everyone! I’m so excited about this interview today. People always ask me about side hustles that are easy to get started with, and I honestly believe that going to local garage sales, buying random stuff, and turning fro and selling for a profit is one of the most accessible arbitrages out. My friend Beau was one of my co-workers when I was a band director.
He started flipping items not even a year ago and he’s already killing it! I asked him to share some of mony best tips for anyone thinking about jumping in to this side hustle. My wife and I have quite a bit of student loan debt, and we chose to pay it down as fast as we. That decision left us with enough money to be happy and have what we needed, but with a baby on the way, I wanted some other options.
Anybody with an Android phone, or even one of the more self-centered smartphones, can go to garage sales and estate sales if they are willing to wake up early on weekends and plan a little bit. Ebay has a mlney curve and fees, but it comes with a HUGE audience. The most difficult maakes at the beginning for me was learning how to make quality listings on eBay and figuring out shipping. Well worth watching Youtube to learn how to list, pack and ship them! Another challenge was taking good photographs.
I would always see items similar to mine with better pictures, and that drove me nuts! Your smartphone or digital camera will take great photos with the right lighting. I spent some time watching YouTube to improve my lighting skills, and it really monet off.
Well, actually… I got tired of waiting for my wife to leave so I could completely and secretly rearrange the kitchen furniture to capture the best light and use our blankets for a backdrop! So, the lighting investment helps a lot, especially if you can only take photos at night, but it is certainly not needed to start. I can spend as much time as I want. As a band teacher, sometimes I have none, but sometimes I have a lot, like on holidays. I usually spend well under 10 hours during a typical week.
During the summer, I could hit 20 garage sales before noon on a Saturday. I am signed up for the garage sale listings in my town to be emailed to me. I paste the addresses into EasyMapMaker. I live deep in the suburbs of a big city.
I decided to learn more, so I researched reselling man makes money buying from garage sales online. That was a turning point for me! Do you know anybody that wears shoes?
Do you know anybody that has more than one pair of shoes? The buyer actually got a bargain and was super happy with them!!! I put most all of it back into inventory salds and supplies. My short-term goal is to soften the fast-approaching blow of childcare for our new baby boy born Dec.
Selling shoes has been the most unexpected part for sure. I like it so much! Sourcing feels like treasure hunting. I do man makes money buying from garage sales garage and estate sales, but my job limits my weekends a lot. I am not sure, but I do want to continue reselling.
I have run into so many nice people willing to share their knowledge and experience online, nearly all for free. The reselling community is very much like the Millennial Money Man community. The time we are living in right now is definitely something to be grateful for! Posted in: Side Hustles. He helps other Millennials earn more through side hustles, save more through budgeting tools and apps, and pay off debt.
Love this article! I did a lot of retail arbitrage using Amazon FBA to pay for our wedding in cash. The space constraints and slow turn around time have made it difficult for me to scale. I am looking to implement systems in order to streamline the processes. Space constraints for sure! And in humid Houston, anything in a garage or non-climate controlled storage will end up smelling like mildew.
Best wishes to you! Wow, this is eye-opening. Bjying love how bkying have almost made it into a science, and are making good money at it. I wonder, does the income level of a neighborhood have a consistent effect on the finds you get and the profit you can make?
Hey Miguel! But, there is a strong random element, too! You never really know, salles generalizations are good for planning your trips to find stuff.
As far as income level goes…Yes! I would go to estate and garage sales in these places. But, treasures can be found anywhere! There is a certain thrill felt when someone buys my stuff, haha! Those are crazy good ROIs good job! If I only I could get these returns in the stock market haha. Thank you for sharing and the inspiration, keep it up! Loved this! My wife and I just started flipping garage sale items as a side hustle in October.
,an reading this, I will definitely be keeping my eyes out for shoes! I loved this article. Make More Money Side Hustles. What prompted you to flip stuff in the first place? What is the most difficult part of flipping used things? What is your time commitment like? The largest amount of time for me goes into cleaning, researching and listing the items. What made you land on shoes of all things? How much of your profit are you reinvesting into your business or alternatively, what are you putting your profits towards?
What is the most unexpected thing about this side hustle? Do you have long-term goals for this gig? If you have been thinking about taking action to make some extra money, just start! Sharing is caring! Facebook 88 Twitter Pinterest LinkedIn. Now, if I could figure how to hit that home run every week, Id be set!! Leave a Reply Cancel reply Your email address will not be published.
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1.) What prompted you to flip stuff in the first place?
There are many places where sellers acquire such items, but yard sales are a great place to start. Thanks for selecting your interests! USPS will ship them for free right to your door. Garage Sale Tips There’s serious money to be made when it comes to a garage sale—if you do it right. We respect your privacy. Leave a comment! We’ve previously told you about a few yard sale finds that are likely to return a profit. Figuring out what to charge is the most time-consuming and stressful part of garage sales, says Hammond. Create an account or log in to get started. As far as income level goes…Yes! Steal from seniors.
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