Last week was a good week to be a flipper! We made almost $10K with only 4 sales!
Items We Sold
The first item was a TV. It was a small Vintage CRT gaming TV that I literally found in the trash and sold it for $160 + shipping.
The second item was our big one, it was a mower.
I originally paid $1,200. I held onto it for a while and it just sold to someone up north for $7,200.
Spring is mowing season and I knew it would sell. We paid $360 for shipping.
We have another mower that I will get listed soon.
The third item was a boat trailer. My sister just sold her boat and we threw the trailer in to the sale. We bought it for $200 and just sold it for $2,500.
We just used it to take the boat to the dealer and we were going to keep it, but for that money we couldn’t turn it down.
The buyer of the boat is having the boat and trailer picked up from here, so it was an awesome deal.
Kid Sale
The fourth item was a kid sale. It was a toy ATM Machine. It was something our daughter picked out at a thrift store. She bought it for $4 and it just sold for $24. That makes for a happy kid.
Our kids are loving making their own money, and our oldest really has an eye for things that will sell.
We are teaching the kids some simple money management. We are using envelopes to split their money into
- Save
- Spend
- Give
The kids love making money, and they love splitting the money into envelopes.
Our Total Profit for the Week Was…..
So, our total sales for the week were $9,874.
Our Cost Of Goods Sold was $1,404
Shipping and fees were $634
Total profit was $7,836
You Can Do It Too
You can do this too! Be patient with yourself, be consistent, and put in the work.
Remember that the deal starts with saving as much money as you can on the front end. The less you pay, the more you can make. Your money is made in the buy, so if your profit isn’t there, it’s ok to walk away. There is always something else waiting.
Everyone’s flipping journey is different, but the best part of flipping is that the potential is endless.
FURTHER RESOURCES
Teach Kids To Make Money Flipping
FREE Workshop How To Turn Your Passion of Flipping Items Into A Profitable Reselling Business
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