The Flippable Deals Thread

[Blitty]

Scored this fire pit for $30

NEW pellet grill for $250


Not flipping these.

 

[CASPERWAIT$]

So this is actually a not flippable thread

 

[Vegas Dave]

Yeah Blitty dynamite start here LOL.

Was making a living flipping stuff on Amazon for the last four years or so. Sold off the last of my inventory last Xmas. Interesting thread, might be lots or good going out of biz sales coming up in post lockdown times...

 

[Vegas Dave]

So this is actually a not flippable thread

WOMEN IVE FUCKED POST:

Eliza Dushku

Julie Cash

...neither of these.

 

[Tron]

Wow they are BURYING poor Blitty here. Tough start, boys.

 

[roguejuror]

I don't know if blitty could recover from this burial

 

[Blitty]

Haha.

I figure if I get a good deal for personal use, it will be Plus EV when I decide to flip.

 

[Vegas Dave]

Where are your sourcing Blitty?

 

[Blitty]

Where are your sourcing Blitty?

FB marketplace- craigslist- Nextdoor- slickdeals

 

[Boner_18]

Sold $22 worth of postcards today, 44 cards in total. Bought about 15k cards for a grand.. Hugh return.

 

[Boner_18]

Blitty is a buy-side guy. The stories I could tell...

 

[Archie]

Yeah Blitty dynamite start here LOL.

Was making a living flipping stuff on Amazon for the last four years or so. Sold off the last of my inventory last Xmas. Interesting thread, might be lots or good going out of biz sales coming up in post lockdown times...

what made you stop?

 

[CASPERWAIT$]

I sold a Bose Wave radio and a Tom Brady jersey on EBay last month. I got $88 for the Bose radio and $28 for the Jersey.

 

[Archie]

I've never sold anything online in my life

seems like a pain in the ass.

I can't be bothered to go to the post office when the Mail Lady leaves me a ticket to go pick up a package because its too big or whatever.

I've literally procrastinated so long that things go sent back to the shipper a couple times.

 

[Vegas Dave]

what made you stop?

I did everything through FBA (Fulfilled By Amazon). I sent the products I wanted to sell into their warehouse and set the price, they take care of everything else. Basically only made purchases with a high enough profit margin to cover FBA fees and still leave me with a healthy ROI.

Every few months Amazon adds new fees, new restrictions, etc. I had to completely revamp my logistics to adhere to this extremely stupid and confusing metric they put in, only for that revamp to become obsolete three months later when they changed on the fly again. It just became too much of a headache.

Which sucks, because the actual sourcing part of the job I enjoyed a lot, and I got pretty good at it.

 

[Vegas Dave]

I've never sold anything online in my life

seems like a pain in the ass.

I can't be bothered to go to the post office when the Mail Lady leaves me a ticket to go pick up a package because its too big or whatever.

I've literally procrastinated so long that things go sent back to the shipper a couple times.

Yeah, that's what makes FBA so fantastic. I couldn't be an ebay seller constantly dealing with shipments and returns. Outsourcing all of that to Amazon was glorious.

 

[Archie]

I did everything through FBA (Fulfilled By Amazon).

Which sucks, because the actual sourcing part of the job I enjoyed a lot, and I got pretty good at it.

that sounds interesting. Does sourcing equate to trolling online listings for things like ebay or whatever?

 

[Vegas Dave]

that sounds interesting. Does sourcing equate to trolling online listings for things like ebay or whatever?

Vast majority of my sourcing was in stores, called "retail arbitrage". Places like ROSS and Marshall's that have seasonal and random stuff you cant easily find in places like Walmart and Target. Goodwill is great too, lots of unopened puzzles and board games and whatnot there.

Target clearance items were huge for me. Start at 30% off, drop to 50%, then 70%. Can get some toys or electronics 70% off and then hold on to them until Xmas and they are selling for 2x their original price.

I have a scanning app that I can scan anything with a barcode, tells me what it's currently selling for, what it has sold for in the past, and how often it sells.

But then you have a ton of competition with the same data so you have to get a knack for knowing what will hold its value, drop, rise later, etc. It was fun.