EXTRA earnings is all the time helpful and a flipping facet hustle helps one couple in a straightforward and enjoyable manner.
Rob and Melissa Stephenson made $90,000 in 2021 and solely labored 5 to 10 hours every week.
The Stephensons have made flipping a facet hustle and enterprise.
In 2021, they made it a aim to hit $100,000, which they fell just below $10,000 shy, however the extra cash allowed them to take a cross-country, five-week trip with their kids.
Rob and Melissa love flipping so that they’ve taken their data and began Flea Market Flipper in 2015.
It is an internet course devoted to instructing others methods to flip.
The couple, who go by fleamarketflipper on TikTok, stated they made $90,058 in 2021 all by flipping gadgets.
Rob Stephenson stated: “Our aim is usually 10 occasions our funding.”
What gadgets do they flip?
Rob and Melissa normally flip greater ticket gadgets that they didn’t pay full value for.
They’ve scoured thrift shops, flea markets and storage gross sales to buy another person’s junk and turned it into one other particular person’s treasure.
The Stephensons have flipped something from an escalator cleaner to weighing scales.
For his or her 2021 complete, two of the gadgets had been automobiles totaling $5,801 and $3,500, respectively.
2021 flipping gross sales
Rob and Melissa stated they flipped 56 gadgets on eBay in 2021.
They spent a mean of 5 hours every week working their facet hustle.
The couple spent roughly $5,100 out of pocket to search out the gadgets to flip.
Rob stated: “All the things we promote is an funding.”
This is their month-to-month gross sales breakdown for 2021:
- January: $1,609
- February: $2,241
- March: $13,864
- April: $4,831
- Might: $20,724
- June: $3,814
- July: $3,311
- August: $25,062
- September: $7,185
- October: $735
- November: $1,817
- December: $4,865
- Whole: $90,058
Ideas for on-line itemizing
Melissa stated they’ve a method in relation to flipping gadgets.
They make it clear to the customer that each one their gadgets are offered “as is”.
Melissa stated: “We take one of the best footage that we are able to and ensure the customer is aware of and understands the situation of the merchandise that they are getting.”
Rob stated after they’re in search of gadgets to flip they search for deal and promote it for extra.
On their latest cross-country trip, he stated they appeared for stuff to promote on the street.
He discovered a $35 industrial steamer that can be utilized to take away wallpaper and flipped it for $750 in 24 hours.
The couple stated you do need to watch out about any fraudulent costs.
They defined it has occurred to them the place a purchaser made a pretend cost and signed for the merchandise however the Stephensons by no means noticed the cash.
They stated they didn’t lose any cash on the sale as a result of they had been capable of make a declare on eBay.
Flipping comes with dangers.
In the event you’re beginning off, it is vital to account for the cash you’ll have to spend out of pocket to search out the products to promote.
There are additionally delivery charges to mail gadgets to patrons and on-line retailer subscription prices.
You will have to be ready to spend earlier than you possibly can see a revenue.
The Solar explains a $175 an hour summer season facet hustle.
Plus, an $800 drink facet hustle and also you make your individual hours.