Since my last update I have bought three more items and sold four items. I have bought two decorative plates which appear to be antiques, after I did research on them. I bought them for a total of $7.56 and others have sold for around $80 each online. I currently have them listed at $145 for both, which could end up turning into my largest flip in changejarflip to this point. I continue to be amazed by the high dollar value of some of the items I am finding in my local Goodwill. I will say Goodwill has been a real eye opener for me on low cost items I did not expect with such high value, at times. It has given me the gambit of items to buy to be able to build up the inventory amount.
The second item I purchased was a marriage advice game and book combo. I paid $8.11 for this item and it looks like I can make 60% on the amount I have put into it. This one is a little below where I would like to be selling inventory items, but I have not been dedicating much time to finding items and thought this was a good one to keep things going with the money I need to reinvest.
The third item I purchased was a set of roller blades. I paid $16.77 with the expectation to be able to double my money on them. This is another good flip, and I found them in less then five minutes in Goodwill. My whole thing right now is to be able to find items in a short amount of time to keep the overall amount of effort involved in this low and show just how much can be earned with minimal effort.
When I view this from an hourly rate on what I have been buying lately, and the expected returns I am getting well over $20 an hour which will should continue to grow my initial investment well for a long time. I break the hourly in the following way. It takes me at most 10 minutes to find an item, and I am looking to make at least $10 on them in average now. It will then take me less than five minutes to get it online and less than five minutes to package it up and drop it off. All said and done I should be 20 minutes or less on each item I end up flipping. At $10 profit an item I should easily make $20 an hour or more.
Sales for this period
I sold the Iowa puzzle, Butter tray, DVD, and the 2 Hot Wheels all this past week between 3/31 to 4/2/23.
The Butter tray I bought for $10.27 and ended up making $13.24 of profit from it. This was another very quick buy and flip situation with me having bought it on March 8th and selling it on March 31st. This type of flip is what I am trying to focus on moving forward for a while.
The Iowa puzzle was a very small loser for me. I paid $1.18 for it and lost $.05 when all the shipping and fees were done. I am ok with this loss at this point, because the puzzles helped me get this experiment going they are no longer the driver I need to continue to grow my overall inventory value. As well, a $.05 loss on the $1.18 makes me know I have my shipping costs estimated fairly well moving forward. I have reduced the price down on many of my initial items to try and get them to move so I don’t have to deal with making smaller amounts of profit as much, and can move into the higher priced items.
The DVD was another expected fast flip for me, or I would have not bought it, and it did not disappoint in the speed. I bought it on March 1st for $2.15 and sold it on March 31st and made $2.09 profit. An almost doubling of my amount I put into it is always the result I am looking for on the lower amount flips at the minimum.
The 2 Hot Wheels were bought on August 3rd of last year for $2.10 and sold on April 2nd making me $1.70 of profit. At the time I bought these in a grocery store to show you can find items to flip in almost any type of store, and this proves my point in a simple way. I made 81% on my money in eight months. An annual return would work out to over 100% in 12 months.
I know have made over $240 in profit since I started at the end of last June. I will be at a year in the next couple of months and want to have the $136.58 I need to reinvest back into items so I can see how much can be done in one year. I am still very happy with how this has went.
Current Inventory
| Item | Cost | Date Purchased | Sold | Profit |
| Ireland Puzzle | $3.45 | 6/27/22 | ||
| NFL Puzzle | $2.37 | 6/27/22 | ||
| Animal puzzle #1 | $1.18 | 6/29/22 | ||
| Animal puzzle #2 | $1.18 | 6/29/22 | ||
| Iowa Puzzle | $1.18 | 6/29/22 | 3/31/23 | -$.05 |
| 3 Hole Punch | $1.18 | 6/29/22 | ||
| Serving Dish and Bowl | $9.29 | 7/20/22 | ||
| *Star Wars Puzzle | $2.37 | 7/25/22 | ||
| *2 Hot Wheels | $2.10 | 8/3/22 | 4/2/23 | $1.70 |
| Star Wars Puzzle | $1.18 | 8/31/22 | ||
| Animal Puzzle | $1.18 | 8/31/22 | ||
| Animal Puzzle | $1.18 | 8/31/22 | ||
| *2 Coca Cola Puzzles | $6.91 | 9/13/22 | ||
| *Christmas Coffee Cup | $1.18 | 9/13/22 | ||
| *Stapler and Stapler remover | $.54 | 9/26/22 | ||
| *Floral Plate | $2.71 | 9/26/22 | ||
| *Old Spice Cologne bottle | $3.25 | 9/26/22 | ||
| *Wood block set- kid’s toy | $2.17 | 9/26/22 | ||
| *Japanese Stein 1 | $3.25 | 9/26/22 | ||
| *Japanese Stein 2 | $4.33 | 9/26/22 | ||
| *Satellite Puzzle | $2.37 | 11/28/22 | ||
| *Tealight | $2.37 | 11/30/22 | ||
| *Board Game | $3.78 | 1/4/23 | ||
| *Painter’s puzzle | $3.78 | 1/30/23 | ||
| *Roblox characters | $5.94 | 1/30/23 | ||
| *New Hard Drive | $5.94 | 2/9/23 | ||
| *Logitech Ergonomic Mouse 1 | $10.27 | 2/9/23 | ||
| *Antique? vase | $8.11 | 2/21/23 | ||
| *DVD | $2.15 | 3/1/23 | 3/31/23 | $2.09 |
| *Teapot | $5.94 | 3/3/23 | ||
| *Butter tray | $10.27 | 3/8/23 | 3/31/23 | $13.24 |
| *Yamaha Receiver | $14.71 | 3/13/23 | ||
| *Antique Plates | $7.56 | 3/19/23 | ||
| *Marriage book/game | $8.11 | 3/24/23 | ||
| *Rollerblades | $16.77 | 4/1/23 | ||
| Underinvested | $136.58 | |||
| Total inventory amount | $260.89 |