Sunday, January 26, 2014

I've created an easy to follow step-by-step guide on how to make money flipping items you find from Goodwill that you can find at the top of the page. I'll continue to add tips to the guide so that you can find the same success that I have in flipping items!

Don't forget to enter the sweepstakes on the right to win valuable items I've picked from Goodwill. All you need to do is share this page on Facebook or Twitter. Enter your name, e-mail, and post the link to where you posted the blog and wait for the deadline!

Good luck!

Thursday, January 23, 2014

Starting today I will be taking entries into a sweepstakes of sorts that I have created. As a reward I'll be giving away items that I have purchased to sell on ebay. The values and types of items will be completely random and will be shipped to you the Monday after the drawing on Friday, February 7th at 11:59 pm central time. The items are yours to do with as you please you could sell them on ebay or keep anything you like. I'll be picking anywhere from 1-5 winners depending on how many entries so encourage people to enter!

Simply follow the instructions on the top right of the blog to be entered for a chance to win. You'll be contacted by email if you've won!

Good luck!

Wednesday, January 22, 2014

Over the last couple days the picking has been a little dry but I did manage to grab two late 90's PC games for about $3 that when sold separately will probably bring in about 40-45. Also found a couple more polo's and a Michael Kors button up for about $10. I try to only by clothing that is worth $20 on it's own so that there is room to make profit. I'm still slightly nervous about selling clothing since this is my first time listing any of this stuff, but from what I've seen designer brands will always sell well over what you can get them for in a thrift store.

This Wed-Fri is another buy 10 books for $1.49.I may have to try a different Goodwill however since the nearest one always seems to have a poor selection of books and none of the ones they do have are worth anything.

Here are a couple listings that ended a few days ago:

http://www.ebay.com/itm/171221717794?ssPageName=STRK:MESOX:IT&_trksid=p3984.m1561.l2649

A 500GB external hard drive that I got for $14.99 and sold very quickly for $39.99 and paid about $8.00 shipping. Probably my quickest sale and profit was about $18.00.

http://www.ebay.com/itm/171214751959?ssPageName=STRK:MESOX:IT&_trksid=p3984.m1561.l2649

and a Super Nintendo game that I picked up for $2.00 and sold for $20.50. Shipping was $2 so about $16 profit.

Good luck to anyone who has been trying their hand at this and let me know in the comments how it's going!

Sunday, January 19, 2014

Today and tomorrow is Goodwill's blue tag sale where every blue tag is half off! With a tight work schedule however I wasn't allowed much time to shop, but I did make off with a copy of F-Zero GX for the Gamecube, a Tommy Hilfiger pullover, and a Ralph Lauren polo for about $10. I'll be sure to make it in again tomorrow to pick any good deal before it's over.

My estimations:

Both the polo and pullover should go for about $20 a piece.

The Game seems to be hitting right around $20 as well.

Nothing phenomenal this time, but worth the walk!

Saturday, January 18, 2014

Found a 500GB external hard drive at Goodwill for $15 and listed it for $40 and we'll see how it goes! Electronics can be an excellent investment when it comes to flipping items, but I have two guidelines that help me narrow the selection at hand.

-No printers.. You will find tons of printers at Goodwill and even if you can own one for 10-15 dollars that is worth around 50-60 you still have to calculate shipping which is on average 20-25 dollars for an item that large. If buyer is paying shipping you'd be safe listing your printer for maybe 30 dollars and although you would have doubled your money, the flip just wasn't efficient.

-If it is still brand new in packaging it is worth a look! The price of electronics is greatly effected by its condition. New items are always worth well over used items in electronics because buying used electronics can be somewhat of a gamble for the buyer. For example a wireless mouse in packaging can be worth $25 and that same mouse in the same condition can be worth maybe 10-15 just because the buyer is unsure.
Last night wasn't too great. I found a few Nike golf polo's which are great to buy, but were priced at 5-7 dollars, which is a little high to be flipping for only 12-15. However, my Goodwill is having a blue tag sale on Sunday where every blue tag will be 50% off so I'm planning on making a haul between my work schedules!

A few tips for anyone starting out:

-Try to keep your investment as low as possible. Sometimes what you buy for $30 can be worth $50 but this seems like a poor investment to me. I always try to at least triple or quadruple what I put into it!

-Just because it has sold on Ebay before doesn't mean it still will. Some items that used to be popular on Ebay just aren't anymore. Make sure you check recent completed listings that show the item being sold in previous weeks.

-STAY ALERT when it comes to "designer shoes or bags" I recently purchased what I thought was an authentic Louis Vuittons hand bag then turned out to be a very well crafted fake. Thankfully I only spent $15 and was able to return it due to their generous return policy. This doesn't mean that Goodwill doesn't sell real items though, many people make off with real LV and Burberry items all the time. Just keep your eye out and find someone who knows about products that you don't!

Good luck!

Friday, January 17, 2014

I was going to save this post for awhile, but it's one I'm very excited to talk about.

About a week and a half ago I made my routine stop over at the Goodwill next to my LA Fitness and I spotted a strange looking black box with a viewing glass in the electronics section..

This is what I had found..


It was actually a home use watch winder, which I had no idea were worth anything until I did some Ebay research.

As you can see the item sold for $118.61..

I paid $4.99...

Thank you Goodwill!

I'm going shopping tonight and will let you know what I find!