Making money flipping on craigslist

Making money flipping on craigslist

Posted: royalforex.info On: 27.06.2017

Craigslist is just one option when looking to buy or sell online. Ebay is a popular choice, as is Amazon. The thing that sets Craigslist apart is the fact that they charge you nothing! No fees to buy or sell. You search for items by city. If you are shopping for ANYTHING online, then do some research before you run out and click buy. This is a principle that goes far beyond Craigslist.

The other reason I do so well on Craigslist is my improving ability to negotiate. When I go to buy, I never give the seller full asking price. You have to be able to negotiate prices without feeling guilty in the process. Set aside your feelings when you are negotiating on Craigslist.

The worst thing that can possibly happen is rejection. There are thousands of other users waiting in the shadows.

3 Ways to Make Money - wikiHow

Just follow these simple steps. We recently reconditioned a solid wood table. It was ugly and mismatched with blue paint and scuffed legs. This works for almost any category of item, but you have to know the value of whatever you want to flip. You can go beyond the simple flip, though. Sometimes it pays to shop around. You can find stuff for sale almost anywhere, so keep your eyes peeled for deals. If you have room to store inventory, look for off-season purchases.

They can be found during the off-season at a fraction of the price that they will fetch during peak buying season! Take advantage of the cycle! After you get a little experience, move into flipping or another money making avenue! Did I miss anything? I have a question about taxes. I have sold items in the past on CL. I learned that allowing people to contact you only by phone is better so as you now have them on caller ID.

Some great information here. I sold a few cars and motorcycles that I owned on Craigslist and Ebay. I lost my job a few weeks ago after working for that company 26 years.

If I can find a job that pays half way decent, I was planning on only working for another 3 years until medicare would kick in. Thank God my house is paid off! I have been using Craigslist for years to sell stuff and am finally making the jump to full time.

But this is so awesome and comes at the greatest time in my life. I just recently went through a divorce from someone who was bi-polar, schizo, and just plain mentally unstable and wrecked me financially. I have recently moved and am 30 years old living in my parents house. Anyway I have been racking my brain for the best possible idea for a way to make cash under the radar so to speak so it wont risk raising my monthly child support payments.

Hello, I have many various items to sell. I am downsizing and my mother passed. I have furniture big and small paintings, household items, dinnerware…in perfect condition. I travel a lot for work.

Is there a seller to sell for me? Great post and topic. I just launched a website that will scan the products on craigslist and compare the prices of the items with amazon and ebay and display the potential profit. I was wondering if you might consider doing a product review on it. The website is http: Simple, Do not advertise the item until you have received it and examined it.

Then place your ad in CL. Take your time it will assure that you have not made mistakes through the flip. I have been a flipper the good kind, lol almost all my life. Those who are complaining about not being able to find stuff to Flip I just want to tell them that they are not serious if that is the case. You can always look for stuff worth flipping on CL or you could go to your nearest goodwill with a scanner app and if you are not very unlucky you will find something worth flipping.

Get out there and make money. Being lazy does not help. Excuses do not help either. I have an ad on CL to haul away metal scrap for free and have gotten used washers, dryers,mowers,tools,storage shelves etc that were in good working condition and sold for profit. What is not re-sellable I take to the scrap yard and make good money on as well. People are catching on to it as well and beat me to the moneymakers more and more now.

Jacob because of people like you Ive made it pretty far in the game. Started with surfboards to pay rent during college then moved up to motorcycles and cars. It has now led me to a career and a significant income. Thanks to people like yourself, good luck with your future! Just came across your website and I gotta tell you it is awesome. Just to let you know, I have been Buying and Selling Appliances for over 18 years now and love it.

I am now semi retired so I have created a website to teach people about Flipping Appliances on a Shoestring Budget and craigslist is the best place to do it. Would love to ad your site link on mine and vice-versa. Maybe even a guest post. Email me if interested.

In the meantime check it out http: The leverage i create is i tell the buyer that if they pay full price, i will include delivery. I started selling on Craigslist last year in the middle of a home remodel. I sold almost everything I ripped out of my house on Craigslist…shelves, doors, appliances. To me it was amazing having people come and pay me to haul away my trash. I have also sold extra things to people who came to buy something specific. The funniest was a day I sold Herbalife products to someone buying vertical blinds.

Yes CL is inefficient and fickle. A year ago I sold every headboard I could get my hands on. This year I can barely give them away. Im sure I could get more at scrap yard.

Of course, that just may be in my town. Your local market may be opposite at this time. Hi Jacob, I am in the beginning stages of starting a part time furniture updating business for fun with the hopes of making a little extra money. Your blog has been very helpful. I was hoping you could give me some advice on how to handle customer payment. I was considering a cash only option, but am realizing this will exclude a lot of potential customers.

How have you set up your business? Thank you for your help! There are many new card readers that you can attach to smartphones, but they take a percentage for the swipe. I have a question.

The one thing I am not keen on about selling on Craigslist is having people come to my house often. IN particular when the items are large furniture. This IS Craigslist with nuts out there or people casing out your place. Great article and thoughts by people on it. One technique that works great for me is bartering…. I recently traded a Wii u that I spent on for a 55 inch plasma AND a 32 inch LCD TV….. Also always always always low ball the shit out of people lots of times an item that is originally 75 dollars you can get for 50 or less…..

Finally my last tip is like was said earlier find your niche and stick with it…. My methods are much like yours. You should read my latest post on How to Never Lose Money where I hit most of these as well. Good tips Jacob, but you are leaving out the real secret.

It up to you and your work ethic. Granted, it is nice working from home, but there are no paid vacations or benefits. I work at it constantly because I never want to miss out on that item so I can make a thousand. This profession is anything but easy. The hardest work is scouring new deals and it gets very monotonous over time. I find a few weeks off from searching here and there helps, but I hate missing those juicy deals!

My question is how to set a fair price for items. Can you give me any guidance in this area? To answer your question, use ebay completed listings only for items that sold as your price guide. Set your prices based on the market and disclose to the buyer any known issues that the product has and price it in accordingly. Make sure you know how to fully inspect and test whatever you buy beforehand.

Base your purchase decision on the lowest price sale you find on ebay on a similar condition item. I can buy old furniture for really cheap and make it look brand spanking new and make a good profit. Then say it takes two hours to do it. Sell it for bucks. If you enjoy doing, go for it! I know several people who flip things for a living, so you can too! I just discovered this site and I would love to get into this. I am retired government worker and my pension just gets me by. I have over the years played in the buying and selling and going to auctions ,garage sales etc.

No big money but if I do it part time and regularly then I should at least be able to make a bit of spending money. I took a couple ebay courses but I think the shipping kind of scared me off. The person that taught the course was a retired government employee as well and he switched to selling to Craigslist as well.

making money flipping on craigslist

I am not sure what the date is on this post but hoping I could get into this as I do have a passion for it. My house is small but thinking I would ask my son to put up another shed beside the one I have in my yard that is actually a carport shed tent only smaller.

Do you recommend Craigslist or Kijiji rather than selling on ebay or? I love craigslist and because of u i am going to start a buisness on craigslist and try as hard as i can. Be conscious of where you stand in regard to the 20k in gross proceeds throughout the year. Just stick to selling on CL until after the new year. Eric, this is great stuff! Thanks for taking the time to comment. Would you like to write a detailed guest post on the topic? I think readers would love it. Is there a specific topic that you think the audience would benefit most greatly from?

It definitely works but you have to be very familiar with the items that you are buying and selling in order to avoid costly mistakes.

Even after the ebay and paypal commissions, I find I still net more then selling it back on CL, and I sell a lot faster there, too. A national audience definitely drives up the price for the items I flip. Be aware that if you take in more than 20K in sales proceeds via paypal in a calendar year that they will you and you will have to itemize your tax return on a Schedule C as a self-employed business, so keep good records!

I find that the majority of CL sellers that I interact with will lower their price when I negotiate in person. People are terrible at the perceived conflict of negotiating face to face, and will bend easily when you are firm. When you know your items inside and out you will generally have a better understanding of what you are purchasing than the person you are buying from and can leverage small functional and cosmetic issues you uncover that were not described by the listing or email exchange.

Take full advantage of that. Lots of demand for affordable instruments in good condition. Good pictures and a detailed post seem to be really key to getting good offers, too. Hi Jacob, I really like all the info. Would it be possible to sell them on CL, or is there another place that I can sell them on?

Yes you can definitely put them on CL. You rock sir, thanks!

How To Make Money on Craigslist Flipping Cars Using Search Tempest

I have been flipping and bartering things on craigslist for years. I recently started a website blog for telling stories and sharing good deals from craigslist and online. I just launched it not too long ago, but it would be a great platform to share our stories with each other. Jacob, Sorry for the slow response. Been busy with kids and work. I do have some cool ideas maybe we could discuss. I entered the website email in email field but I will send you an email from my personal email.

Talk to you soon. I started last winter on cl and sold 2 kitchens, a whole matching living room set, countless tables, chairs, high chairs, tickets, lamps, everything you can think of, without even trying.

Does anyone flip full time solely on Craigslist? : Flipping

I even just had 4 of my cats pregnant at same time and gave away 16 kittens on cl. I believe that with a alot of passion, common sense, and hard work, I can make a million dollars on just this site. Thats sounds ridiculous, but the more you sell, the more product online everyday. Get to the point where you make a week, you can move to making a week with good skills. Flip the product and grip a bunch of cash!

And did you know that not everyone you find on CL is a good home for the kittens? There are some people who will turn it around and sell these animals to labs. I love CL and Ebay. I flip roughly items a year on CL and Ebay. Key is good ads, promptness on your emails and a good system of organizing your inventory and cashflow. Peak months I bring in 10k per month cash flow.

Have never turned back since and have been flipping last 3 years and creating a company currently. So I thought I could sell my old bookbags and books and toys and stuff. Are those things that people would actually buy? If anything is valuable, you should check around to see what those items are selling for online, then price accordingly. Get started selling and negotiating young. Please make sure that you have your parents help you though. Give their number and or email address.

Have your parents be with you for transactions etc. It can be very dangerous. I must admit its a very nice article and tips you are giving. He is totally correct there is aloooot of money to be made on craigslist i managed to make around 11 to 14k in about 3 months doing this so everything is possible!!! Thanks for writing this cool article. Hope to soon read more articles about selling online.

Hey Brandon, thanks for reading and commenting. We really appreciate the feedback.

The 7 Most Popular Items Most Commonly Sold On Craigslist

I actually plan on doing a couple of car posts in the near future. Mostly on buying, but I will try to write a solid post on my selling expertise!

My wife and I are huge fans of refinishing furniture.

Craigslist pays my rent, bills and all my expenses. I buy from craigslist and sell on Ebay. I used to sell items on eBay when I was in high school, and loved it, but just ran out of product per say.

Definitely like the idea of flipping craigslist products, I have always been meaning to garage sale on Saturdays to find product and then resell them..

Thanks for the post though, I may just reconsider. Craigslist is a good marketplace. You got to be very careful with your transactions though and I htink you are already aware of that. Anyways, good job with the table. Wow — Jacob — that table looks fantastic! I do this expecting most CL buyers to haggle, which means we usually end up at the appropriate market value.

Well, I did try to buy a piano but someone beat me to it. I often check Craigslist for a nice piano for my daughter but I have yet to get lucky.

As far as selling, I am thinking of selling some items on Amazon. Will have to see how that goes…. I had a friend who used to make a lot of money from seasonal items. He had a garage full of stuff he would store until the holiday came back the next year.

Then he would sell it online for a profit. Even if he made only a little off the items, he would make some money. Oh boy, after seeing that table, I wish we had some skills in this area! Things are flying out of this house at an alarming rate, and we need to make some money on some of it. One call we received was a bit scary, so we make sure to meet people in public places like Barnes and Noble parking lot.

I have sold and purchased quite a bit on Craigslist. It is all about the information in the listing as well as how well you negotiate. Actually sold a gun last month after the guy picked up a Nintendo Wii. How much time do you think you put into Craigslist flipping? I used to buy and sell a lot.

Lately, not as much. Medium sized towns seems to be my favorite. This post comes at the perfect time as we are on a decluttering terror. We have made some money on Craigslist in the past and it is time for another round;.

I love selling stuff on Craigslist! I like to buy items at a deep discount and then resell them at a premium. Sometime it takes longer to sell, but it pays off in the end.

These tips seems pretty helpful though. Most people who are selling really just want to get rid of their item more than they care about how much they sell it for.

I also know someone who buys, refinishes, and sells furniture for a full-time job. Seems like a great way to make money from home. I did try eBay of course. Good points here though. Music equipment and electronics are big hitters, give it a try! The only thing is, some people are not very trustworthy, like they say they want the item and are going to come and pick it up and never show.

So, when I sell, I never promise my items to anyone…first come, first served! The spam emails can be annoying on Craigslist, but as long as you have common sense, you can usually weed them out. Love the idea of flipping stuff of Craigslist! Your email address will not be published. Immediately receive your guide to financial freedom and be entered to win exclusive giveaways only available to our email community.

Haven Life Insurance Review. Discover It Cash Back Credit Card. Discover High Yield Savings Account. Know Your Product If you are shopping for ANYTHING online, then do some research before you run out and click buy. Be Patient — If you email a seller about an item that is overpriced, and they refuse to negotiate, just give it a few days before trying again. Some folks will sell lower if you are friendly upon first contact. Happens all the time. Just follow these simple steps Look for furniture, appliances, or anything else that needs restored at garage sales, flea markets, or Craigslist.

Dirty stuff is often discounted, as are damaged goods. These are the goods you want. Use your skills to fix the item and make it look like new. Sell at a much higher price. Selling Techniques Make sure to implement a few simple tips when you go to sell your item on Craigslist.

Title — Make it attention grabbing and descriptive. Description — When you list an item on Craigslist, make sure to write a positive and promotional description which addresses all of the questions you would have if you were looking to buy. Doing so will generate leads and eventual sales. Pictures — Make sure to take clear and inviting photos.

People want to see the item in lots of light, from several angles. This is one of the easiest ways to make a sale.

Final Thoughts Get started today. Join our community and receive your guide to financial freedom. Greg in Nashville, TN. Thanks for the article. Hi Lyle, To answer your question, use ebay completed listings only for items that sold as your price guide. By Dont cry just SELL.

Flip what you know and have a passion for and the money will follow. Hi Mocheddar, Your write up intrigued me… do you mind me asking what you sell?

Definitely have to be careful during transactions, you are absolutely right. By Shannon The Heavy Purse. We are going to use your tips, Jacob. Yeah, definitely some quacks on CL, so good advice on meeting in public! By Grayson Debt RoundUp.

By Anne Unique Gifter. By DC Young Adult Money. I already know the answer. Leave a Reply Cancel reply Your email address will not be published. Join the Community Immediately receive your guide to financial freedom and be entered to win exclusive giveaways only available to our email community. Personal Capital Review Betterment Review FundRise Review Wealthfront Review Motif Investing Review M1 Finance Review Optionshouse Review.

Haven Life Insurance Review PolicyGenius Review. Discover It Cash Back Credit Card Discover High Yield Savings Account.

Dolor aliquet augue augue sit magnis, magna aenean aenean et! Et tempor, facilisis cursus turpis tempor odio. Diam lorem auctor sit, a a? Lundium placerat mus massa nunc habitasse. We will contact you as soon as possible. Turpis dis amet adipiscing hac montes odio ac velit? Porta, non rhoncus vut, vel, et adipiscing magna pulvinar adipiscing est adipiscing urna. Dignissim rhoncus scelerisque pulvinar?

Subscribe now and get a free access to a curated list of resources. Feel free to contact. Get Your Guide to Financial Freedom. Interested in Financial Freedom?

Join the Cash Cow Community and instantly receive your free PDF guide.

Rating 4,7 stars - 740 reviews
inserted by FC2 system