June 2023 – Change jar flip

Things are humming along since the last time I posted at the one year mark. I have sold five items and one got destroyed by my dog. I also purchased six items to get myself fully invested before the last two items I sold today and yesterday. The first item I sold was two coffee cups by artists I bundled together for $16. I ended up making $6.42 on this flip which was 1.19 times what I paid for them. This was a good flip for me based on how quick it sold in about three weeks. The second item I sold was the Dyson vacuum for $50 on craigslist. This was $31.06 in profit less my mileage to meet the person who bought. I like the flips on craigslist a lot because there aren't any fees or shipping involved with the transaction. I made 1.64 times the amount I invested in this. These type of flips turning $19 in $50 really give me lot of good momentum forward. I'm trying to do more of these larger flips to keep the amount of items lower in my inventory. The third item was my dog destroyed the Japanese doll I bought. He thought eating it was a better idea than me selling it. I learned a lesson that my dog could eat anything and to keep these type of things above where he can get to them. I lost $2.70 on this. The fourth item, or third sold, was one of the six Granite cutting blades. I made $20.47 off of the blade. This is much less than I thought I would make on them when I first purchased them in April, but $20 of profit is a great flip for me and I am getting views on them pretty consistently. If I sell one of these a month moving forward then $20 a month in profit would be a good result. Next, I sold a Peloton Heart Rate Monitor I bought on June 12th on June 23rd. I knew I could sell this quickly based on how many had sold in a month online. A quick $6.09 profit in 11 days is always a flip I will attempt to do at this level. However, as I continue to go I will move past doing these flips because the hourly rate is going to be too low. The last item sold was the Roblox characters. I thought this was sell much quicker than it did, but a profitable flip is always my goal. I made $.82 which is a win, and the annual rate on this is over 38%. That type of return is why flipping works from a small amount. Purchases I ended up purchasing three sheet sets, another Dyson vacuum, and a coffee cup. I've sold lots of sheets over the years as a main way I've flipped items to make money. I am at a level to start trying these based on some of the larger profit amounts I've made. I think sheets could be a main way for me to get to $1000 from where I am now, but I will see. After my succes with the first Dyson vacuum I'm trying another one. I found a similar coffee cup selling for $30 online, and the coffee cup only cost me $2.70. I underinvested by $16.57 right now and may hold off until I can buy an item that is at least $20 and I can make $20 off of. Current Inventory ItemCostDate PurchasedSoldProfitIreland Puzzle$3.456/27/22NFL Puzzle$2.376/27/22Animal puzzle #1$1.186/29/22Animal puzzle #2$1.186/29/223 Hole Punch$1.186/29/22Serving Dish and Bowl$9.297/20/22*Star Wars Puzzle$2.377/25/22Star Wars Puzzle$1.188/31/22Animal Puzzle$1.188/31/22Animal Puzzle$1.188/31/22*2 Coca Cola Puzzles$6.919/13/22*Christmas Coffee Cup$1.189/13/22*Stapler and Stapler remover$.549/26/22*Floral Plate$2.719/26/22*Old Spice Cologne bottle$3.259/26/22*Wood block set- kid's toy$2.179/26/22*Japanese Stein 1$3.259/26/22*Japanese Stein 2$4.339/26/22*Satellite Puzzle$2.3711/28/22*Tealight$2.3711/30/22*Board Game$3.781/4/23*Painter's puzzle$3.781/30/23*Roblox characters$5.941/30/236/24/23$.82*Logitech Ergonomic Mouse 1$10.272/9/23*Antique? vase$8.112/21/23*Teapot$5.943/3/23*Antique Plates$7.563/19/23*Marriage book/game$8.113/24/23*Rollerblades$16.774/1/23*Granite Cutting Blades (5)$40.544/4/23*Granite Cutting Blade (1)$8.114/4/236/13/23$20.47*TI BA II Plus calculator$5.944/5/23*Crystal bowl$5.944/10/23*Perfume bottle$8.114/10/23*Traumlicht candle holder$3.784/10/23*Japanese Doll$2.704/24/236/9/23-$2.70*Dyson Vaccum$18.944/24/236/9/23$31.06*Pair of Shoes$37.865/4/23*Casserole dish$8.115/17/23*2 Caleur Coffee mugs$5.395/22/236/7/23$6.42*Nike Lebron XII Shoe$27.155/22/23*Nike Air Jordan V.5 Canvas$27.115/22/23* Air Jordan Flight Remix Wolf Grey$42.505/24/23*Peloton Heart Rate Monitor$3.786/12/236/23/23$6.09*Rae Dunn King Sheet Set$21.66/14/23*Dyson Vacuum$20.026/20/23*Coffee Cup- Floral$2.706/20/23*White Sheet Twin Set$37.886/21/23*Twin Duvet Set$25.986/21/23Underinvested$16.57Total inventory amount$446.51*Indicates purchased from Profit