Best Things To Flip For Profit
These days, making money from home isn’t the fantasy we used to think it was two decades ago. Thanks to the Internet, anyone willing enough to put the work in can earn a comfortable living finding the easiest items to flip for profit all from the comfort of their home!
Side note: Besides flipping for profit, other awesome ways to make money from home include: becoming a bookkeeper from home, virtual assistant jobs, participating in research studies online, and even selling your feet pictures! See more legit work from home jobs here.
It might sound unreal if you’ve never tried it before; that’s understandable. But before you wave it off, take a quick look at the internet, particularly sites like eBay and Craigslist. You will find thousands of listings for things you never knew you could buy off the internet.
People earn a living buying stuff cheap and flipping them for a decent profit, and the only reason this is possible is that technology has made the world one huge marketplace where anyone can sell to anyone.
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To get you started, I have compiled a “Flip List,” which is essentially a list of things you can resell for a profit. Let’s dive in.
Easiest Items to Flip For Profit Today
By far, the most valuable items to flip on this list are appliances. There’s a lot of money to be made reselling appliances because you can get them cheap from people who want to upgrade to better appliances or simply cannot afford to move houses with their current ones.
The hassle of moving big appliances puts people off, and they would much rather sell it cheap to someone who can take it off their hands. The market for used appliances is pretty big since a lot of people would rather save money than buy new appliances.
Make sure you have a truck or trailer handy if you want to capitalize on this opportunity.
Collectables may include toys, action figures, porcelain figurines, or fine china. Most people don’t see them as valuable (especially if they’re not collectors), so you can acquire them for pennies on the dollar.
The market for collectables is small but very much alive. Some people pay astounding amounts of money for vintage toys and rare figures and figurines, especially if you can get them in their original packaging. Even if it’s not a vintage item, there’s a healthy market for collectible items that are in good condition.
3. Vintage Items
Vintage items like old baseball cards, vintage electronics, and even interesting trinkets like monocles and watches can fetch you a pretty penny if you can find the right buyer. Most people don’t understand how valuable they are, so you can buy them cheap at yard sales and sell them for profit. Interested buyers shell out a lot of money for items like these because they have sentimental value.
There’s a surprisingly robust market for eyeglasses in good condition. People sell such items to declutter, so you’re likely to find a pair or two at a throwaway price. You can charge premium prices on glasses, especially if they are no longer available on the market. It helps if the glasses sport a designer label or are a rare pair of vintage glasses.
Provided they are in good condition, electronics pretty much sell themselves. Few people give a second thought to their old iPods, Walkmans, VCR’s and boomboxes, so they sell them cheaply to get them off their hands. A lot of people collect old electronics as keepsakes, so you won’t find it hard to flip these for a handsome profit.
6. Records and record players
Niche items like record players are extremely profitable to resell, and they rarely cost a lot because technology has moved on to a point where we don’t need them anymore. If you can get your hands on an old collection of records, the chances are that people will be clamoring for them since nobody makes them anymore.
7. Concert T-Shirts
All concert t-shirts are limited edition t-shirts, especially if the band in question is popular and has since stopped making music. These t-shirts are valuable because after the band completes its tour, they don’t get produced again. In a way, they are worth more after the concert, and you can easily get double or triple worth their value if you find the right buyer.
8. Video Games
Old video games and video game consoles are surprisingly in high demand because stores don’t stock them anymore. You can get them at next to nothing from people who just want them gone, and flip them for a tidy profit to collectors and video game enthusiasts.
Furniture is always valuable to someone, especially if it’s still in good condition. People throw away their old furniture to make room for new items or simply because they’re moving town and don’t want the extra baggage. If you can restore them to good condition, wooden, upholstered, and outdoor furniture have a large market of buyers who either want to save a few bucks or are interested in a particular type of furniture.
10. Strollers & Other Baby Items
Baby items like car seats and strollers always have a ready market that consists of parents looking to save some money by buying used. Babies outgrow their strollers, so it’s not that hard to find them and other baby items for sale at a discounted price at garage sales. Name brand strollers and baby items sell much faster and for a better profit, but any baby stuff that’s in good condition can be flipped without too much work.
11. Sporting Goods & Equipment
Not all of these can be flipped for a profit, but some of them are worth good money if they’re still in good shape. These include sporting gear like mitts, bats, balls, and safety equipment, all of which are almost always present at yard sales, and tend to cost very little.
12. Gardening Tools
People would rather buy new garden tools than fix their damaged ones. You can get lawnmowers, leaf blowers, and yard equipment like rakes, shovels, and wheelbarrows that need a little TLC, and depending on your skill level, you can either fix them or have them fixed before reselling them as used gardening tools.
A lot of people on a tight budget buy used gardening tools if they’re in good condition because they’re cheaper and mainly for one or two purposes.
13. Clothing and shoes
When it comes to flipping clothes and shoes, a number of things determine how much profit you can get per item. Ideally, you want clothes with designer labels and name brand shoes. They may not be easy to find, but there’s no question that you can snatch some exciting items at yard sales and thrift stores at unbelievably low prices.
14. Popular Board Games
Board games, especially if they’re vintage or discontinued by the manufacturer, can be flipped for a profit. A lot of people consider them clutter and usually have them lying around in a box, so they ask for very little in exchange for them. As long as the board game is not damaged or missing any important pieces, you can flip them for good money.
15. Popular Book Sets
Complete book sets such as the Harry Potter Series or the Hunger Games have fans worldwide who would pay a lot to get their hands on them. Not everyone is a collector, so a lot of people have these books just lying around collecting dust. If you can get them cheap, then you’ll certainly make money when you flip them.
To learn more about what and where to find items for cheap to resell, I recommend you learn from Melissa and Rob who are both successful flippers making a full-time income by reselling. They have a free workshop all about what they do to flip for profit. You can sign up for the free workshop here.
Where can you find items to flip for profit?
- Yard sales
Yard sales, rummage sales, garage sales, and church sales are all good places to unearth items that can be flipped for a profit.
- Thrift stores
Frequent thrift stores like Goodwill and the Salvation Army if you want to find clothes that can be resold.
- Flea markets
Flea markets are also a good place to collect vintage stuff, antiques, and name brand clothing items.
An unorthodox source, no question, but a valid one all the same. Junkyards are home to functional and lightly damaged electronics, furniture, and valuable trinkets that can fetch you 100% profit since they cost nothing.
- Basements and attics
Your basement should be the first place to start looking for items to flip. You can declutter and make money at the same time.
People throw-away perfectly good items all the time, so be on the lookout for items left on the sidewalk for trash pickup because they may be worth something.
- Hand me downs
Family and friends may want to get rid of items they have at home that they no longer make use of and will gladly hand them down to you. Kitchen appliances, baby clothes, and toys are really popular things that are passed down to family and friends.
- The Internet
Places like Craigslist and eBay are home to used items that you can buy cheap and resell for a profit.
Where to resell items for a profit
- Yard sales
Yard sales let you move a lot of items quickly.
Craigslist is an online platform that can give your items a lot of exposure.
Poshmark is like Craigslist, but it is exclusively for clothes.
Facebook Marketplace is relatively new but already quite an effective platform for selling used items.
eBay is the world’s biggest peer-to-peer trading platform where you can buy or sell anything, provided it is legal in your state.
Entrepreneur.com also shares a few different ideas here on where you could also resell your items for quick money.
Tips for Successful Reselling
1.Before buying anything, know how much it is worth, and how much profit you can realistically make by reselling it.
2.Start with stuff you’re familiar with because it is easier to avoid bad purchases this way.
3.Make your items as presentable as possible before reselling them. Clean them, repair them, and repaint them if necessary.
4.Make sure your listing is detailed and honest. Mention any defects the item might have and be upfront about its imperfections.
5.Don’t be afraid to walk away from a deal if it’s too expensive.
6.Capitalize on items that are guaranteed to sell quickly. Buy as many of them from the seller as possible.
7.Your listing should have good quality photos. Cellphone cameras are good enough these days, but if possible, get a real camera.
8.Be ready to answer the questions your prospective buyers ask.
9.Prepare a shipping strategy. How will you get the items shipped if necessary? What labels will you need on-hand, and how much will be the shipping cost? These are all questions you should have answers for before you start reselling items for a profit.
Best way to get started flipping
Start small. Don’t be in a rush for big-ticket items that drain your coin purse faster. Start with small items that bring in a little profit and work your way up from there.
Start with something you know. If you don’t know the first thing about video games, then you shouldn’t be flipping video games. Start with something that you’re familiar with because you’ll be able to estimate its value.
Your home is your first treasure trove. Before you go out looking for items to buy and flip, look around the house for anything you don’t need but can be resold for a profit.
Learn everything you can about flipping. Start with Melissa and Rob’s free workshop about finding cheap items and turning it into a reselling business in as little as 14 days. Get access to the free workshop when you sign up here.
Invest your profits. Don’t just sit on the money you make; use it to make more money. That’s how you grow.
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