House Flipping Best When Its a Bull Market
What are the best products to flip for a profit?
Buying low and selling loftier is a mega-popular business for side hustlers and big corporations akin. (Think Walmart and Amazon!)
With production flipping, you tin plough bargain-hunting prowess into profits. In this post, you'll learn how turn your dearest of online classifieds, flea markets, grand sales, and thrift stores into an extra income stream.
Stick around to read:
- Where to find some educational and inspirational complimentary preparation on flipping products
- The about pop marketplaces to resell your items
- The most assisting types of products to be on the sentinel for
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- Where should I send Pace 1?
- 1. Clearance Items
- 2. Bed-in-a-Box Mattress Returns
- 3. Piece of furniture
- 4. Sports Memorabilia
- 5. Sports and Exercise Equipment
- 6. Musical Instruments
- 7. Power Tools
- eight. Baby and Kid Gear
- nine. Appliances
- ten. Limited Edition Sneakers
- 11. Proper name Brand Shoes
- 12. Books
- xiii. Vintage Clothing
- xiv. Vehicles
- 15. Designer Eyeglass Frames
- 16. Collectible Jewelry
- 17. Tech: Electronics, Smartphones, and Computers
- eighteen. VCRs and VHS Tapes
- xix. Commercial Equipment
- 20. Rare or Retro T-Shirts
- 21. Board Games
- 22. Vintage Items in a Set or a Collection
- 23. Scrap Metal
- 24. Domain Names
- 25. Websites
- 26. Stocks and Options
- 27. Raw Land
- 28. Trading Cards
Flipping 101
Fun fact: You lot don't demand any money to begin flipping items.
Instead, start with what you already take collecting dust in your own closet, attic, and garage.
In that location's also free stuff available online from purchase and sell websites like Craigslist'southward Complimentary section, Facebook Marketplace, and Freecycle.
If you don't mind getting a little muddied, you can too find complimentary items to flip by looking through curbside garbage, junkyards, and even dumpster diving.
You can even achieve out to friends and family to run across if they have any stuff they no longer desire. You lot'd be surprised how many people will offload their "junk" at no cost but to go rid of it.
Side note: junk removal is another legit side hustle too. Mayhap you could even get paid to source some inventory!
When it comes to finding free stuff, your only limitation is your imagination.
In one case you lot've exhausted means to larn free items to flip, you can branch out to other places to detect bargains, including:
- flea markets
- estate sales
- auctions
- thousand sales
- austerity stores
- websites and apps
After all, buying low and selling high is one of the fastest ways to multiply coin. You tin practise this strictly in your spare time or on weekends, likewise.
The Best Items to Flip for Profit
Flipping, or reselling, is a popular side hustle since anyone tin can do it and information technology doesn't require a big investment.
All the same, non every item you acquire will exist piece of cake to resell unless you concentrate on items that are in demand. Focusing your flipping efforts on more popular items means that you can sell faster and easier.
Your location and personal preferences will as well impact your choices of what to flip as will logistics, aircraft, and storage. It also helps to know the value of what you're selling, which is why it's wise to stick to product categories that you know and observe interesting.
(For extra credit, be sure put your purchases on a business credit card and earn rewards!)
To get started, here's a list of the best items to flip.
i. Clearance Items
Going to the clearance section of websites or nearby retail stores to find securely discounted items is the perfect scenario for ownership low and selling high.
The key is to observe goods that are highly desirable plus worth enough coin to make a profit after expenses.
Exist on the sentinel for pop brands, seasonal items, and limited editions. Branded items are peculiarly desirable because people will pay more for the brands they already use and like.
Reselling on Amazon
One way to resell clearance items (aka "clearance arbitrage") is to become an Amazon reseller. You can store for adept deals, ship them into Amazon'southward warehouse, and let them take intendance of the fulfillment when someone buys. You don't have to worry about returns, production descriptions, or shipping to customers.
Bank check out my podcast interview with Jessica Larrew to learn more about reselling on Amazon. When we spoke, she and her husband had sold over $1 million worth of products on Amazon!
(I did this myself for a while and earned over $650 very part-time.)
Jessica too has a gratuitous course on how to get an Amazon seller that's worth checking out if y'all want to larn more.
Online Arbitrage
Ane thing I didn't similar about my clearance arbitrage side hustle was the concrete shopping trips. While I did detect profitable inventory to resell, there were other times where I'd spend 45 minutes in a store and leave empty-handed.
The fashion around that is sourcing your inventory online, through what'south called online arbitrage. The idea here is to detect wide plenty pricing gaps between products on Amazon and the aforementioned products sold on other websites.
Thankfully there are software tools to assist with this, namely Tactical Arbitrage and OAXRAY.
2. Bed-in-a-Box Mattress Returns
Most online mattress companies offer a 100-night satisfaction guarantee (or similar) to convince customers to purchase. But what happens when they're unhappy with their purchase?
That's where Sharetown comes in — a "reverse logistics" company that coordinates mattress pickups and the subsequent donation or resale. As a local Sharetown rep, you lot'll be dispatched to pickup (often) similar-new mattresses, make clean and sanitize them, and then re-list them for sale on places similar Facebook Marketplace.
You profit on the spread between your resale price and the corporeality you lot owe Sharetown for sourcing the production. But what's cool is you lot don't take to pay for the mattress until it sells, making it a very depression-hazard side hustle as long as you lot take the means to ship and store these bulky items.
To learn more, I spoke with Staci Aburto, a Sharetown mattress reseller in Phoenix, who reported earning $3,000-$iv,000 a month doing this part fourth dimension.
3. Furniture
Flipping furniture is a super popular side hustle. At that place are e'er people moving as well as people wanting to downsize or redesign their await. In these cases, people are typically quick to sell, which ways the possibility of buying low.
Whether it's forest, upholstered, or outdoor article of furniture, yous can usually detect someone selling it and someone looking to buy information technology.
And, expert quality used wood furniture has a long life span with lots of potential. Many times people don't desire to bother putting in the elbow grease information technology takes to brand quondam furniture new again. With some piece of work, y'all can increment your flipped article of furniture'south value to profit.
4. Sports Memorabilia
There will always be sports fans! Search for memorabilia, such as cards, autographed sports items, championship rings, ticket stubs, bobbleheads, vintage hats and shirts, and jerseys.
These items are not bad to flip on Ebay considering people buy them as gifts or to add to their own drove.
five. Sports and Do Equipment
Sports equipment is another category to be on the spotter for. Bulky items similar domicile gyms, treadmills, and exercise bikes tin really resell for pretty expert margins, and because they take upward so much space, sellers are ofttimes happy just to go rid of them.
Well-maintained bikes, skis, golf clubs, and even hockey equipment is worth a look since buyers may be eyeing starting a new hobby or purchasing for their kids.
6. Musical Instruments
Musical instruments in good working condition are another item to flip. Both kids and adults frequently outgrow or abandon their hobby.
Once they've moved on, you can find musical instruments at a depression price to resell for a decent turn a profit. In fact, one Side Hustle Nation reader congenital an entire eBay business flipping guitars.
vii. Power Tools
At that place'south both demand and availability when it comes to flipping ability tools.
New ability tools are expensive, and so that makes secondhand tools bonny to people who desire to salve coin.
Look for name brand tools, as buyers will oft search by brand proper noun. People sell their ability tools when they're done with a project, moving, or ownership a newer model and want to quickly become rid of them.
8. Baby and Child Gear
No question — kids' stuff is expensive. Plus, kids grow quickly, which means they outgrow their gear chop-chop too.
That'due south why budget-witting parents are often on the sentry for gently-used baby and child gear, such as:
- clothing
- toys
- strollers
- high chairs
- swings
- diaper bags
If you take access to upscale children'southward stuff, there are specialty websites like Kidizen that cater to parents looking for designer items for the kiddos.
(Instead of flipping the items, you lot could plough around and rent information technology out through a service like BabyQuip to plow a single asset into a recurring revenue stream.)
Pro Tip: Find grandparents selling their young grandchildren's stuff. These things were probably used infrequently at grandma's house and therefore in great condition.
9. Appliances
Appliances are big, bulky, and heavy, and then when people desire to get rid of them, that presents a potential opportunity for you to swoop in and take that problem off their hands. Of course, that'southward equally long as you have the means to pick up and move them.
And since new appliances are expensive, there's a market for used ones. So, after you lot work out the logistics of the transactions, there's money to be made in flipping appliances.
Years ago, I interviewed Ryan Finlay, who fabricated a total-time living flipping items, including appliances, on Craigslist. His advice for people getting started was to try and find a stock-still dollar amount (like $50 or $100) of profit each day.
Suggested Playlist: Flipping Profits
Ownership low and selling high is the fastest fashion to multiply money. Here's how to get it done.
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10. Limited Edition Sneakers
If you're interested in shoe trends and fashion news, then flipping sneakers may be up your alley.
Selling sneakers in the aftermarket means you buy the shoes at retail price and flip them immediately at a college price.
This works considering manufacturers don't produce enough sneakers to satisfy the demand, creating a shortage on the supply side. When it comes to premium brands like Air Jordans, the loftier demand and short supply fuels the resale marketplace.
Although you need some capital to get started, sneaker flipping tin can be lucrative and one of the all-time items to flip. In fact, Side Hustle Nation reader JV Ortiz reported earning $10k a calendar month flipping sneakers.
Reselling sneakers allows you lot to piggyback on the success of a make or a trend to take advantage of an already existing fan base and market place. As such, you don't have to build your own brand or post-obit.
11. Name Brand Shoes
You lot don't have to exist a sneakerhead to profit from reselling shoes. In fact, at that place's a peachy market for gently used proper name-brand shoes of the non express-edition variety.
I know I've shopped eBay for item models I loved that changed or went out of stock.
Shoes also have the advantages of existence relatively small and light to ship, being piece of cake to clean, and being readily bachelor at deep discounts at yard sales and thrift shops. A typical purchase price for a pair might exist anywhere from $5-15, simply can sell for equally much as $50-300 depending on the brand and condition.
If you want to acquire more, my friends at Flea Market place Flipper take a special workshop 100% defended to this niche.
12. Books
Despite the rumor that people don't read books anymore, there's still a marketplace for used books. You lot can flip books at local used volume stores and online at Amazon (for a fee).
Flipping books requires sourcing books, and so y'all're limited past your time and book inventory. Merely don't permit that discourage you. On The Side Hustle Show, Charlie William reported earning up to $4000 a month flipping books!
Textbooks and hard-encompass not-fiction books tend to be worth the most. Charlie recommended the ScoutIQ app for serious volume flippers to browse barcodes quickly to find the profitable ones.
Think you may have a offset edition or a desirable rare book? Y'all can use the free Bookscouter tool to scan barcodes and see what titles on your shelf might be worth selling.
thirteen. Vintage Clothing
Whether it's the want to capture a trendy look or to relieve money on out-of-season couture wearing apparel, vintage clothing has a place in the resale market. It's non a passing fad.
Co-ordinate to ThredUp, the secondhand wearing apparel market is forecasted to double in v years to $77 billion with the resale sector driving the growth. The resale market has grown 21 times faster than the retail marketplace in the past iii years.
Although sites like depop and eBay make selling secondhand wearing apparel easier, programme to invest time into flipping vintage clothing.
According to Keely Stawicki—who'due south sold $270k worth of vintage items—thrifting is labor intensive. Your profit margin must make the effort of sourcing, rehabbing, photographing, listing, and aircraft the items worthwhile.
Bank check out the gratuitous Flyp app to get access to brand-name wear on consignment. When you sell it, you carve up the profits with the possessor.
fourteen. Vehicles
Whether as a hobby, a fixer upper project, or every bit a manner of transportation, used cars are even so popular.
The goal is even so to purchase low and sell high, only in this scenario you'll need a bigger purchase-in than most other items on this listing.
Flipping cars works all-time as a side hustle for those who dearest the thrill of negotiation, and find undervalued cars, and are somewhat mechanically-inclined.
Of import note: Some states accept regulations on car buying and sales limitations earlier you're legally required to annals as a "dealer."
15. Designer Eyeglass Frames
Prescription eyeglasses are expensive, and so people go on websites like eBay to find designer frames at a disbelieve.
Your turn a profit will depend on the brand, style, and popularity. But selling a used pair of prescription glasses for $xxx-$lxx isn't a bad flip, especially if you take them laying effectually the firm or were able to score some inexpensively at a garage sale.
16. Collectible Jewelry
Authentic Bakelite jewelry and finely crafted vintage costume jewelry from designers like Monet and Trifari are still sought after in today'due south austerity marketplace.
The value depends on the quality, demand, and way. And, you need to make sure you've got the real deal and non a knock-off.
You can resell jewelry in singles or groupings, depending on the level of attempt you want to go through in the selling process. Grouping ways fewer listings and some buyers prefer to buy in groups to reduce costs.
17. Tech: Electronics, Smartphones, and Computers
When it comes to the best items for flipping, not all tech gadgets are created equal.
Some brands and makes are far more popular and retain their value, such as Apple products similar iPhones, MacBooks, and iPads as well as Samsung Galaxy phones. You tin can look these types of used electronics to sell for hundreds of dollars, with MacBooks ranging all the way upward to the thousands.
In general, tech like smartphones, tablets, smart watches, and computers/laptops are highly desirable.
That doesn't mean other brands and sure older electronics won't sell. People may want to save money or acquire parts for their old gadgets, such as Nintendo game consoles. Some online sleuthing will give yous an idea of what's hot and what's not.
Popular websites for flipping electronics are Craigslist, eBay, and Swappa, the latter of which can help you find the going rate of your items.
For a few pointers, Side Nation Testify guest Jeff Duhon shared how he flips 20-thirty used iPhones a calendar week, targeting $100 in profit per flip.
18. VCRs and VHS Tapes
I was a bit surprised past this one, but according to Scott Voelker, both VCR players and VHS tapes can exist hot sellers. The reason is scarcity — people either take a library of tapes and a broken automobile, or a working machine but zilch new to watch.
Both items can be found practically at giveaway prices at garage sales.
xix. Commercial Equipment
What do riding lawnmowers, scissor lifts, insulation blowers, and pizza ovens have in common? They're all items Rob Stephenson has flipped for a profit!
(The Genie boom lift he bought for $3500 sold for over $10k.)
When he comes across one of these items, the showtime thing he does is endeavor to notice out what the retail price his. He knows that selling one used, he's likely to get 50% of the original retail price.
And because these are often super heavy, beefy, hard-to-store items, many sellers are motivated to get rid of them for far less than that. If you lot have the storage space and means to transport these things, don't overlook them when y'all're sourcing!
Bank check out Rob's free online training to learn more.
twenty. Rare or Retro T-Shirts
The dress we clothing are part of our identity, and some people love to discover cool retro shirts. In this category, sports teams merchandise and bands can exercise really well.
Sure, you might have been a toddler during that 1988 Metallica concert, but that doesn't mean y'all can't rock the shirt hard :)
These are good items to look for at garage sales and austerity stores.
21. Lath Games
My family unit loves finding and playing new board games, but sometimes fun games go out of production and can be difficult to notice.
That'due south what makes this a popular category on eBay and other marketplaces. People may be looking to relive a childhood favorite, supercede missing pieces, or just effort something new.
22. Vintage Items in a Fix or a Collection
Not everything nether the category of "vintage" is worth money. Nostalgia plays a role in value equally does rarity and demand.
There are some brands and some items that control interest and popularity. Typically, the older, the better if it means the items are unique, limited, and mostly unavailable in the public domain.
However, when you lot tin combine items similar this into a set or a collection, the value increases. (You've seen Storage Wars, right?)
Pins, sewing patterns, patches, cards, stamps, video games, vinyl records, silverware, china, watches, artwork, and dolls are but some of the collectibles people volition pay for in a set or a collection.
Fans of iconic brands like Disney, Star Wars, Faddy, Barbie, the Beatles, Osculation, Hot Wheels, and Tiffany's are out at that place just waiting to purchase their next collection.
23. Flake Metal
Coach Dom Costa shared how to chip metal for money, a side hustle that earns him $400+ per month. While it can take a literal ton of metal to make whatsoever serious greenbacks, you tin can oft score your "inventory" for free.
Recycling centers near yous pay to have it off your hands since it reduces landfill waste and the need to mine new raw materials.
Costa explained that Craigslist, local businesses, and your neighbors are all potential sources of scrap metal. Not-ferrous metals like copper, brass, and aluminum tend to be worth the most.
24. Domain Names
Here's an asset with no physical inventory to shop! Domain names are digital real estate that can be bought, sold, and flipped like any other production.
I sabbatum down with one domain investor who (on boilerplate) buys names for $40 and resells them for $2800. That'due south a pretty overnice return, right?!
The downside is he simply sells 2% of his inventory each yr, so he has a lot of these domain names sitting around collecting digital dust.
25. Websites
Cash-flowing websites are bought and sold every day on marketplaces like Flippa. A typical purchase cost may be xx-twoscore times monthly earnings, which means you lot can "fix and flip" a site simply like you might do with a neglected business firm.
If you know how to increase traffic or better the existing monetization of a site, yous may find some quick wins and earn a cracking return.
26. Stocks and Options
I've e'er considered stock market investing as a long-term game, but others accept a more agile arroyo to trading stocks. Like other side hustles, be certain to practice your enquiry and educate yourself earlier making whatever large moves.
Option Alpha has a tremendous library of costless resources, and you can ready a exercise trading account before putting any real dollars at take a chance.
27. Raw Land
Flipping raw land involves finding motivated sellers to acquire parcels of state on the cheap. And then you can either resell those parcels for a quick flip or as an owner-financed auction.
There's a lot involved in flipping land, including upfront investment and know-how. Cheque out my interview with Roberto Chavez who was bringing in $10k a calendar month flipping land when nosotros recorded.
28. Trading Cards
1 of the hottest side hustles of the by couple years has been flipping trading cards, peculiarly Pokemon and baseball game cards.
In this article, my friend Ben breaks down how he spent $100,000 on Pokemon cards during the pandemic. He reported already selling $112k worth of cards, plus is sitting on approximately $70k more in inventory.
Where to Sell Your Items
Now that you've collected items, it's fourth dimension to sell them. In that location are lots of options, but here are a few well-known online marketplaces.
eBay – This long-running marketplace has over 160 one thousand thousand users. That gives y'all proficient visibility on items, but requires selling fees and sometimes listing fees. (More on how to make money on eBay.)
Facebook Marketplace – Dandy for selling items locally, with no fees and no integrated payment processing. I sold my old car on Marketplace; the buyer paid cash.
OfferUp – Costless online selling app for local transactions. There are various service fees, but none for in-person exchanges. The app uses Stripe for payment processing of shipped goods.
Craigslist – A holdover from the early days of the Internet, this online classified ad platform yet fuels a lot of local sales transactions. No integrated payment processing, only most postings are free.
Mercari – A free app that lets you sell new or used items from your phone. No in-person transactions, all items are shipped. Sellers are protected with a payment guarantee and aircraft insurance. Listings are free but in that location's a flat 10% selling fee.
Poshmark – A free app for selling fashion and abode-related items from well-known, upscale brands like Coach, Michael Kors, and Louis Vuitton. Think of it as an online consignment shop. Selling fees are $ii.95 for sales under $15 and 20% commission for sales of $fifteen or over.
LetGo – An online platform (app + website) to list and sell secondhand goods locally for free. Offers a chat feature to communicate with buyers. Payment processing not included.
VarageSale – This "virtual garage sale" is made upwardly of communities where members can purchase and sell items locally with no fees.
Specialty Marketplaces – Depending on what you're flipping, there are other online and in-person marketplaces for selling, like forums, swap meets, Etsy (for vintage goods), Autotrader (for vehicles), and consignment stores.
Free Production Flipping Training
This post wouldn't be complete without a mention of my favorite "Flea Market Flippers," Rob and Melissa Stephenson of Florida.
This hubby and wife team consistently earn thousands of dollars a calendar month past flipping items part-time, enough to support their family without getting a "existent job"!
They put together this free online preparation on how to get started and make your first sales in as piddling as 2 weeks.
Cheque it out to learn:
- whether or not flipping items is a good fit for you
- how flipping can lead to freedom and security
- insider secrets on how to abound your flipping profits
Concluding Thoughts Nearly the Best Items to Flip
Although the resale market place is a growing opportunity, items fall in and out of popularity based on trends and electric current events. Always research first!
As nigh resellers propose, stick with what you know and like. And, even if an item's cost is super depression, don't forget to business relationship for shipping and other fees.
Your level of interest and a good profit margin are of import in determining your best items to flip.
Have you flipped whatever items to make actress money? I'd dear to hear about your experience in the comments below!
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Oft Asked Questions
What are the best items to flip for a profit?
The listing on Side Hustle Nation contains usually-found items like exercise equipment, books, and shoes. Used electronics, furniture, commercial equipment, and sports memorabilia are also popular among both hobbyist and professional resellers.
What are the easiest things to flip?
Start with "costless" inventory — stuff you already own or help friends and neighbors sell their stuff on assignment. That way you'll larn if you like the process earlier purchasing more inventory. Flipping isn't an easy business, just name-make trade in bang-up condition will ever motion faster than generic products.
Where can I find items to flip?
Resellers source assisting inventory from thrift stores, garage and yard sales, estate sales, individual sellers, wholesale vendors, and even online outlets and retail stores. The key is existence able to rapidly spot a bargain and detect a new buyer.
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Big thank you to Meghan Monaghan for researching and drafting this postal service!
Source: https://www.sidehustlenation.com/best-items-to-flip/
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