August 3, 2022- More purchases needed


When the first item sold on July 31st an unexpected thing happened after I made my purchases to reinvest in flips. The item got more bids and sold for more than my initial amount I had as a starting bid on Ebay. This meant I needed to invest $1.25 to be fully invested. I was at the grocery store on August 3rd and wondered over to the toy section to see if I could find something in this price range. I found two Hot Wheels for $1.05 each with tax. I decided to buy both because I could package them together as one item and double the amount invested easier. The cost of shipping would not change much with items this light and gives me a better chance of selling. I think this strategy will work well on smaller items and help to make resell items move faster than listing only one Hot Wheel at a time. Both Hot Wheels were on sale and would have normally been $4.99 each, but you can find things like this very often if you take a couple of minutes to look in most stores. Total inventory amount is at $44.75 right now and I am over invested again slighty based on these purchases, but am good with the amount because it is not much more than I could find in change in my car. The over invested amount is $1.29. I have 16 total listings for sale, but 17 items because I am putting the Hot Wheels as one listing. I will update again when there is another sale. I am going to guess it will still be in the 30 to 60 day range for another sale.

2 Hot Wheels

Current Inventory and Cash

ItemCostDate PurchasedSoldProfit
Autumn Puzzle$1.186/13/22
Bridge Puzzle$1.186/13/22
Ireland Puzzle$3.456/27/22
NFL Puzzle$2.376/27/22
Globe Puzzle$.606/29/22
Animal puzzle #1$1.186/29/22
Animal puzzle #2$1.186/29/22
Music Album puzzle$1.186/29/22
Iowa Puzzle$1.186/29/22
3 Hole Punch$1.186/29/22
Biscuit$7.036/29/22
Silver Plated Vase$4.647/20/22
Serving Dish and Bowl$9.297/20/22
*Antique building Puzzle- $4.647/25/22
*Star Wars Puzzle$2.377/25/22
*2 Hot Wheels$2.108/3/22
Cash-$1.29Over invested
Total inventory amount$44.75
*Indicates purchased from Profit

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