If you care about flipping furniture earned extra, this guide gets straight to the point. We break down what actually matters, skip the fluff, and show you how to put it to work today.
Key Takeaways
- 376shares Facebook260 Twitter46 Pinterest8 LinkedIn45 God bless Lady Money Wizard.
- Which is why I wasn’t surprised when I noticed her excitedly flipping through her phone a few months back.
- She put down the screen, and I could see her light bulb moment: “I could make a ton of money flipping furniture on Facebook,” she declared.
- Truthfully, I was expecting the project to earn enough to treat us to a dinner or two.
Common Mistakes to Avoid
If I’m the guy sticking to the basic investment concepts, she’s the one consistently coming up with weird and quirky methods to make a few added bucks. Worth noting: as the far less Facebook Marketplace savvy one in the group, I said it sounded like a fun experiment and encouraged her to go for it.
- I definitely was not expecting her to report back, just a few months later, that she’d already made her first $2,000! 😲 Even crazier?
- She’s probably spending less than an hour a week on the project.
- More importantly, and she’s limiting her selections to whatever will fit in the back of my Mazda 3 hatchback.
- The Killer Strategy to Flipping Furniture on Craigslist, Facebook, Garage Sales, etc.
Is Flipping Furniture Earned Extra Worth It?
The best part about this gig is how straightforward it is. There’s only three parts to it.
- Remember that find furniture to flip (Duh!) Step one in any business is building up some inventory.
- And yet, the excellent aspect about the furniture flipping business?
- Most people are willing to provide you inventory for free!
- Or at least extremely discounted prices.
Where the Real Savings Hide
As a rule, people getting rid of couches, tables, chairs, etc. typically just wish their items gone. And so, they’re willing to part with this stuff method below market value.
- The best places we’ve found for affordable furniture to flip include: Facebook marketplace - this one is hit or miss.
- People are either practically giving stuff away, or they think their beat up sofa is as valuable as a vintage Picasso.
- In short, craigslist - typically better deals to be had, but smaller selection.
- Garage Sales - typically the best deals to be had, but also the most work.
A Closer Look at Flipping Furniture Earned Extra
The side of the road - Free 99! And yes, even dumpsters We’ll get to some examples in a minute, but it genuinely is impressive what people are willing to provide away for free!
- Worth noting: decide if it’s an immediate flip, or a piece you wish to refurbish When you’re after stuff to flip, you’ll typically find two types of furniture: A. Stuff that could be flipped immediately Typically, this is the furniture that’s in pretty solid condition, but is undervalued for one reason or another.
- Maybe someone was just giving it away for free, or maybe their Craigslist posting included pictures that look like they were taken with an old Nokia Brick Phone.
- Stuff that requires just a tiny bit of work, and then could be sold for large profit Some people get genuinely serious about this, and they might as well be full-on furniture surgeons.
- They’ll replace legs, reupholster fabric, and practically build new pieces. Lady Money Wizard keeps it a little more straightforward, but still has some incredible before and after transformations.
What to Know About Flipping Furniture Earned Extra
More importantly, typically, she focuses on a fresh coat of paint or fast restaining a worn piece. (We’ll get to examples in a minute) 3. This includes staging the furniture to sell.
- What we’ve found is that it’s all about the pictures.
- Be sure you’ve got excellent lighting hitting your new furniture.
- Remember that maybe place a plant or two for that Pinterest-worthy accent.
- And price that aspect for profit!
How Flipping Furniture Earned Extra Really Works
Then, post it up on as numerous marketplaces as you can. Reto-Modern Desk - $90 profit Bought for $10.
- As a rule, the one that started it all!
- Lady Money Wizard found this for sale in our neighborhood for $10 on Craigslist.
- Being so affordable and so nearby, she figured it was worth a shot.
- We drove the 5 minutes to grab it, tossed it in the back of my hatchback, and threw it back up on the internet for $100.
Getting the Most From Flipping Furniture Earned Extra
In short, we were pretty shocked when we had a buyer less than a day later. It definitely showed us the potential of this little side hustle, and led the method to all these next flips.
- Folding Leaf Table - $130 profit Bought for $20.
- She bought this one for $20 off Facebook Marketplace, and sold it for $150 on Facebook Marketplace.
- Worth noting: what did she do to it?
- Just took better pictures.
Frequently Asked Questions
How can I save money on flipping furniture earned extra?
Compare prices across a few retailers, look for active coupon codes, and time bigger buys around sales events. Worth noting: as the far less Facebook Marketplace savvy one in the group, I said it sounded like a fun experiment and encouraged her to go for it.
Is it worth shopping around for flipping furniture earned extra?
Usually yes. I definitely was not expecting her to report back, just a few months later, that she’d already made her first $2,000! 😲 Even crazier?.
Smart Ways to Save More on Flipping Furniture Earned Extra
- Check for student, military, or first order offers you may qualify for.
- Time non urgent purchases around major sale events for the deepest cuts.
- Leave items in your cart for a day; some stores send a follow up discount.
- Pair cashback with a coupon so you save twice on the same order.
- Stack a coupon code with an existing sale whenever the store allows it.
Final Thoughts
Before you check out, line up flipping furniture earned extra against current promotions and any codes you can stack. Small habits like these add up to real savings over a year.
Originally published at mymoneywizard.com.
