May was a win overall for me with changejarflip. I ended up making $326.48 of profit selling items, which is almost ten times the amount I started with about two years ago.
The majority of the profit I made was on Oculus’ and a Nikon Camera. Expanding my horizon out into new areas is proving to be beneficial for me. I made over $37 on six items this month and my sell time fram on most of them was under a month. This makes for an ideal flipping situation where my money is not tied up and I can reinvest quickly. As the update in my dividend post toldk I took some of the profit and invested it in more shares of British American Tobacco.
I sold fifteen items in May. I lost money on three of them, one of which was a Wii U I bought where the buttons did not work on it. It did not have a power supply, and I lost the money on it, but returned the unit. I also lost $1.48 on the last knife I had. I lost $4.48 on a video games I bought, but learned I need to be buying video games at a lower price point.
I sold sheets, shoes, books, Oculus, a shirt, a Cabbage Patch Kid, Apple keyboard, and camera all for profit this month. Maybe I need to focus on one category to spin up more, but I think this keeps proving over and over there is opportunity everywhere.
The biggest winner was a Nikon D800 Body I paid $242 for and ended up making $86.40 profit. The next biggest winners were two Oculus 2’s I made $50.74 and $50.66 on. The next three largest profit items were another Oculus I made $46.19 on, the Apple keyboard and mouse where I made $39.62, and the Nike Aunt Pearl shoes where I made $37.14.
I sold two pairs of sheets and made around $20 profit between the two of them. Electronics appear to move much faster and with more profit, and are around the same amount I am paying for Oculus and Wii’s. I will try to deploy my reinvested amounts out of sheets moving forward.
I sold a Patagonia shirt I paid $1.67 for and made $15.33. This is a great flip overall at 9 days from the buy. There is money to still be made on low cost items, and the risk is much less.
I sold two books which I paid $3.83 for and made $5.29 in profit and average hold time was 15 days. I have the same thought on these I did with the Patagonia Shirt.
The last item was a Cabbage Patch Kid which I paid $3.78 for and made $3.95 on doubling my money in three months. Kind of a weird item to buy, but glad it moved for me.
New Inventory
I have picked up eleven new items that did not sell in the month of May. The higher priced items are a MacBook Air, PS4-1TB, Oculus 2, and a Nikon D3400. The rest are smaller items. I’m going to start reporting as a bulk amount for the month to minimize the number of lines on my inventory. As well, I forgot to update my inventory in April. I don’t have any item over $12 and am going to record them as a bulk number too.
Disposal
I donated three items I have had for almost two years. The NFL puzzle, Wood block set, and Old Spic Cologne bottle. I want to be mindful of the space I use, and these items were not getting any traffic. The low priced items can be winners, but there is a time to move on if they don’t sell with no traffic on them. The total loss on them was $8.87.
Current Inventory
I am no longer going to post the details of my stock I have bought in the current inventory, but put a gross amount moving forward, because updating the sheet is getting to be time intensive for all the items.
| Item | Cost | Date Purchased | Sold | Profit |
| NFL Puzzle | $3.45 | 6/27/22 | Discarded | -$3.45 |
| Serving Dish and Bowl | $9.29 | 7/20/22 | ||
| *2 Coca Cola Puzzles | $6.91 | 9/13/22 | ||
| *Floral Plate | $2.71 | 9/26/22 | ||
| *Old Spice Cologne bottle | $3.25 | 9/26/22 | Discarded | -$3.25 |
| *Wood block set- kid’s toy | $2.17 | 9/26/22 | Discarded | $2.17 |
| *Japanese Stein 1 | $4.33 | 9/26/22 | ||
| *Satellite Puzzle | $2.37 | 11/28/22 | ||
| *Board Game | $3.78 | 1/4/23 | ||
| *Antique? vase | $8.11 | 2/21/23 | ||
| *Antique Plates | $7.56 | 3/19/23 | ||
| *Rollerblades | $16.77 | 4/1/23 | ||
| *Granite Cutting Blades (4) | $32.43 | 4/4/23 | ||
| *Crystal bowl | $5.94 | 4/10/23 | ||
| *Perfume bottle | $8.11 | 4/10/23 | ||
| *Casserole dish | $8.11 | 5/17/23 | ||
| *Nike Air Jordan V.5 Canvas | $27.11 | 5/22/23 | ||
| * Air Jordan Flight Remix Wolf Grey | $42.50 | 5/24/23 | ||
| *Coffee Cup- Floral | $2.70 | 6/20/23 | ||
| *Twin Duvet Set | $25.98 | 6/21/23 | ||
| *Skateboard | $8.11 | 7/26/23 | ||
| *Queen Sheet Set Brown and White Plaid | $64.94 | 8/23/23 | ||
| *Accounting Book | $6.27 | 9/6/23 | ||
| *Brooks Brothers Sheet Set | $12.99 | 9/8/23 | 5/11/24 | $11.44 |
| *William Morris Queen Duvet | $54.11 | 12/13/23 | ||
| *Peter Reed Reina Blue King Duvet | $42.22 | 1/3/24 | ||
| *Peter Reed Reina Blue King Duvet | $42.22 | 1/10/24 | ||
| *Hobart Cutting Tips | $6.78 | 2/2/24 | ||
| *Ralph Lauren Queen Green Teal Sheet Set | $64.94 | 2/5/24 | 5/1/24 | $8.05 |
| *Cabbage Patch Kid | $3.78 | 2/26/24 | 5/21/24 | $3.95 |
| *Matthew Lesko DVD | $1.08 | 3/1/24 | ||
| *RNs DVD | $1.08 | 3/1/24 | ||
| *Adidas Nastate Size 13 | $16.77 | 3/2/24 | ||
| *Comics (23) | $21.43 | 3/5/24 | ||
| *Pocket Knives | $10.83 | 3/6/24 | -$1.48 | |
| *Utawareumono DVD | $1.08 | 3/6/24 | ||
| *Nike Aunt Pearl Size 7.5 with box | $20.57 | 3/6/24 | 5/2/24 | $37.14 |
| *Craftsman Brad Nailer | $43.30 | 3/6/24 | -$8.59 | |
| *Pole Saw | $35.72 | 3/19/24 | ||
| *Principles Book | $3.24 | 3/20/24 | ||
| *4 garage sale tshirts | $4.00 | 3/30/24 | ||
| *April 2024 items | $38.72 | |||
| *Books | $3.83 | 4/12 & 5/8 | 5/2 & 5/8/24 | $5.29 |
| *NBA 2K24 | $10.83 | 5/1/24 | 5/2/24 | $4.48 |
| *May 2024 | $628.36 | |||
| *Wii U- bad buttons | $13.52 | 5/7/24 | Returned | -$13.52 |
| *3 Oculus | $194.85 | 5/15/24 | 5/14,5/17,5/31 | $147.59 |
| *Nikon D800 Body Only | $242.47 | 5/10/24 | 5/19/24 | $86.40 |
| *Patagonia Shirt | $1.67 | 5/8/24 | 5/19/24 | $15.33 |
| *Apple Keyboard and Mouse | $11.46 | 5/7/24 | 5/21/24 | $39.62 |
| Stocks | ||||
| Verizon, Altria, British American | $492.46 | Various | $27.79 | |
| Underinvested | $243.65 | |||
| Total inventory amount | $1931.59 |