It was my mate Fred Brisker who first introduced me to flipping, a perfect little side-hustle which I know rely on to give me at least an extra $1000 in my account each month. I have Fred to thank for this actually as he not only showed me where to make money but also how. Flipping is in fact very simple to do and once you have spent a few weeks doing it, everything becomes pretty easy. To those of you who do not know, flipping is the process by which you pick up goods from a garage sale or a thrift shop, and sell them online for a profit, and here is why you should think about giving it a try.
Abundance
Despite the fact that selling things is now easier than ever thanks to the internet, there are still so many people who just don’t have the time, the knowledge or perhaps the energy to sell all of their unwanted stuff online. It is therefore far easier for these people to simply place all of their unwanted items on a table, and invite the public to come and take it off their hands. For flippers, this is great news.
Knowledge
Having knowledge about what will sell easily and for a big profit is of course helpful, but in reality it will only make the process quicker, rather than more profitable. This is because thanks to smartphones and the internet you can literally check out how much a certain product should sell for, before you even buy it. Let’s say that you have a baseball card in front of you, and they want $20 for it, you can check out how many are for sale online, take the lowest price that it is available for, and if it is more than $20, buy the card, less than $20, move on, so easy.
Fast Money
Not everything sells quickly of course but there is a great deal which is going to sell super quick online, which is ideal. I have had days where I have sold 40% of what I’ve bought before I have even arrived home from the garage sale. Garage sales take place on a weekend usually and that is also the busiest time for people to be buying things from the likes of eBay and Amazon. This is a perfect marriage and one which you can take advantage of to make some serious money.
Time
Honestly this side hustle will not take up much of your time and there is the very real possibility of making upwards of $500 per month, with an investment of 3 hours per week. This is a perfect side hustle and one which will most definitely bear fruit if you are prepared to try your best and spend the time.
If you want to make some extra cash, this is a brilliant way to do just that.