"Haimatox" (haimatox)
05/07/2015 at 11:17 • Filed to: None
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"Haimatox" (haimatox)
05/07/2015 at 11:17 • Filed to: None | 1
| 20 |
My friend brought this up today. What he has done for the past two summers has gained him a rather large net product. He goes to estate/garage sales, buys $50 worth of stuff, and somehow sells it for 100-200% profit on Craigslist. He flips board games, books, silverware/china, and various other trinkets and collectibles.
Is this possible? It seems too good to be true, so I wanted to get your opinions on it. What items would you think are best for this kind of profit-making? In other words, I want money. This seems like a relatively hassle-free (if you get lucky with the items you sell) way to make some cash.
Here’s an interesting Honda Civic I saw yesterday. Wonderful times we live in, eh?
JQJ213- Now With An Extra Cylinder!
> Haimatox
05/07/2015 at 11:19 |
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I do it quite a bit honestly. I also do some extreme couponing.. I got a Toshiba laptop at Staples last month for like $75 after couponing.. Flipped for $225 a week later. Also did it with a tablet and made $100...
Even a few toys from goodwill. Got 3 SF Giants bobble heads for $15 and sold for $100. It’s possible
Leon711
> Haimatox
05/07/2015 at 11:21 |
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?
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Haimatox
> JQJ213- Now With An Extra Cylinder!
05/07/2015 at 11:22 |
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Hmm. I’ll have to give it a shot.
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Haimatox
> Leon711
05/07/2015 at 11:23 |
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I guess it’s a thing teenage girls say these days... No idea what it means.
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Leon711
> Haimatox
05/07/2015 at 11:25 |
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I know Ratchet is common slang in the US but in the UK it’s
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Haimatox
> Leon711
05/07/2015 at 11:27 |
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Oh I know what you meant. Ratcheting spanner. Which is also a UK thing.
The Ghost of Oppo
> Haimatox
05/07/2015 at 11:29 |
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I flip paintball gear a lot. It isn’t easy but if you know what you’re doing you can make a decent buck. It’s a sport where some old stuff is still worth money and parents have boxes of it from their now adult kids sitting in a basement and they want rid of it.
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Haimatox
> The Ghost of Oppo
05/07/2015 at 11:35 |
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Oh I have a ton of that stuff...
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Leon711
> Haimatox
05/07/2015 at 11:36 |
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nah that’s just a Ratchet, A ratchet spanner is.......
Camshaft Chris: Skyline/McLaren/Porsche Fanboy
> Haimatox
05/07/2015 at 12:01 |
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A buddy of mine does this with cars. He finds something on CL that just needs a little bit of work, does the repairs, and then sells it for a $1k-$2k profit. His most recent project was a ‘95 Integra that wouldn’t run. He bought it for $500. Replaced the alternator, battery, and spark plugs, and did an oil change. Sold it a month after he bought it for $2500. So after parts, he made around $1500 profit. I’ve been contemplating doing that myself, but my apartment complex doesn’t allow non-running cars or car repairs in the parking lot. Thankfully we’re getting out of there in September, so I can revisit that side business then.
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The Ghost of Oppo
> Haimatox
05/07/2015 at 12:02 |
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What do you have? For every 1 old gun that is still worth $100+ there is 20 only worth $20
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Haimatox
> Camshaft Chris: Skyline/McLaren/Porsche Fanboy
05/07/2015 at 12:04 |
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So basically Wheeler Dealers?
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Haimatox
> The Ghost of Oppo
05/07/2015 at 12:05 |
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Oh wait never mind I was saying there’s a bunch of shit from my childhood. Not paintball related.
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The Ghost of Oppo
> Haimatox
05/07/2015 at 12:14 |
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Ahh I see says the blind man
E92M3
> Haimatox
05/07/2015 at 12:17 |
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Based on just my experience you’d have to go to up to 10 garage sales to find something useful. Usually it’s junk (even goodwill would trash if they donated it).
Then there’s the whole Craigslist experience. List something for $50, and get bombarded with offers for $10, or people pleading there situation that want it for free. The only good experiences I’ve had with Craigslist is listing items for free.
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Camshaft Chris: Skyline/McLaren/Porsche Fanboy
> Haimatox
05/07/2015 at 12:25 |
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On a much smaller scale, yeah, lol. You won’t see any TVRs or Skylines or Triumphs, and he won’t be working with the same budget or level of work. But the same idea.
Sam
> Leon711
05/07/2015 at 12:29 |
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The best invention ever.
Rico
> Haimatox
05/07/2015 at 12:48 |
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My mom does this, she also checks the free section of craigslist and picks up random pieces of furniture that she then sells at garage sales for profit.
I don't have the energy personally.
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The Ghost of Oppo
> Haimatox
05/07/2015 at 18:23 |
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You got me inspired to see what else I could flip. I went over to my parents and found a binder of Magic the gathering cards an old neighbor gave me years ago when he moved.
Well most of them are worthless but there is a set of 10 cards that regularly sell for between $1250-1500 on eBay.
Thank you sir, I'll be sure to raise my beer to you tonight!
DisplacementForDayz, ironically lusts after a Honda Grom
> Haimatox
05/07/2015 at 22:45 |
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I know a guy who did this with cars his junior and senior years in highschool, and he was pretty good at getting a profit out of them.