I have bought four items since my last post, buy have not fully reinvested the amount I have available. I purchased two higher cost items, a receiver and a coffee maker. I also purchased a DVD, which I did not expect to buy because the resell probability looked high on it in a short time frame. The last item I purchased was a teapot.

The coffee maker looked like another big potential winner for me and was priced at $13.59 but was 50% off on the day I found it. It was $7.36 with tax after the discount. I saw two of the same models which have sold for $100 and $150. I listed it for $89.99 to try and get a quick sell. By the end of the day on which I bought it there was already a bid on it for $89.99. As long as it gets paid for and if there are no more bids I will make over $40 in profit, off of this coffee maker flip. I continue to have good luck in finding items which I’m making big returns on very quickly.

The two items are all set for me to double my money on based on the prices I bought them at. I am starting to look at ways of seeking some of these items through different methods. The DVD costs $2.15 and the teapot costs me $5.94.

Sony Receiver

I am going to try and move the receiver I bought on through Craigslist. I’ve not sold much stuff through it, but it is worth a try to see how it goes. I paid $27.70 for it and would prefer not to have to ship it because of the weight. The good thing about flipping is there are always many different places to sell the things you find.

I ended up selling the receiver on 3/6/23 through Craigslist for $40. This was a quick flip in under a week from buying it. I made $12.30 in a week off of this, and made 44% on it in a week. With a turnover rate of 52 times in a year this would be another situation where I could not reinvest the new amount enough to continue this over and over. I might be able to to reinvest around the $27 mark 52 times in a year though and make 40% each time. This could still be a phenomenal annual return anyway. Running the math on this I could do 40% times 52 times $27 to start with would be $576 of profit. Again, the power of small amounts turning into something that could matter to someone.

At this point I’ve made $160.88 of profit since I started my changejarflip on June 29th. I did not think I would be able to get to this much profit this quickly, but that is why I wanted to try this to turn it into something substantial. I need to reinvest $85.81 to be fully invested again. If the coffee maker sells, I will need to invest over $125, and will have 32 items in my inventory. I am going to have to move into higher priced items to keep the profit amount fully invested. I’ll update again when I have another sale.

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 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
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
*One, two, three infinity	$1.07	10/19/22
*Satellite Puzzle	$2.37	11/28/22
*Snowglobe	$3.45	11/30/22
*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
*Coffee Maker	$7.35	3/3/23
*Teapot	$5.94	3/3/23
*Sony Receiver	$27.70	2/28/23	3/6/23	$12.30
Underinvested	$85.81
Total inventory amount	$197.26

I bought a vase on February 21st for $8.11 and am doing more research to find out if it could be a more valuable piece. I will need to take it to someone that has more expertise than me, but based on what I found online it looks promising it could be a real. If it is not, I think I can still double my money on what I paid for it.

I also made a sale on February 24th of the higher price item I bought a little over a month ago with the profit from the coffee grinder. I ended up making $13.79 in profit off of the piece of music equipment after I paid $43.30 for it. I made close to 32% on this flip in under two months. This is a good amount of profit to add into what I made off the coffee grinder previously in addition to the other items I got from the profit of it.

I’m going to look for an item that I can put all the money from the piece of equipment music into that I can hopefully double up on. If I can do this, it would get into a nice hourly rate of over $50. At this level flipping becomes a very interesting endeavor, if the are multiple items in this range in my inventory.

I am on a really good run of selling inventory much quicker than I have from my historical averages over the past. I’m not sure why this is, but I’m going to take a guess as to why. At the level I’ve bought most of my items which have sold I’ve been able to know I would be the lowest price compared to other sellers. This is the best advantage to have in my experience. People are more cost conscious than anything you can try to differentiate at the price point I’m currently selling at. I’ve also been lucky in finding items which have had high demand to help move them quickly.

The last factor is some luck. I can understand a lot about flipping, but sometimes you need to be able to find some high-priced items when you show up to look for things. A little luck thrown in the mix makes the knowledge of what I’m doing easier to have some outsized returns quicker than I’ve expected.

I’ve got almost $90 to reinvest right now, which is a large amount compared to what I started off with. One and two dollar puzzles as my go to are looking like they could be moving into the past as the main item to build up anymore for me. I need to think about what the next item price point I need to be at. I want to stay around 30 items in my inventory and I am at $184 of potential inventory value overall. With the larger item having sold again and knowing I’m going to try and reinvest all of it into one item that may be the strategy I try to do moving forward with each sell. This could put me into a weird position though if I’m looking to exactly invest a very specific amount into the next item each time. I’ll think about what I’m going to do more and update once I’ve bought some items. I may try to bulk a bunch of the items I bought at lower cost and try to sell them all at once to keep myself around thirty items and take the additional profit I have into higher priced inventory. I am really not sure right now, but here is to some more good luck moving forward.

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 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
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
*One, two, three infinity	$1.07	10/19/22
*Satellite Puzzle	$2.37	11/28/22
*Snowglobe	$3.45	11/30/22
*Tealight	$2.37	11/30/22
*Board Game	$3.78	1/4/23
*Music Equipment	$43.30	1/4/23	2/24/23	$13.79
*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
Underinvested	$88.95
Total inventory amount	$184.96

I sold three items over the past weekend. This is many more than I would expect to sale in a typical period, but the computer-based items moved quickly like I thought they would. Also, I sold an item, the advertising magazine, I have had for a while in addition to two of the mice I bought. It looks like I took it off previously when it was bought and not paid for. I re-added it to the inventory to show it.

The items that sold all at least double the money that I had paid for them. The first mouse made $10.24 on $8.11, the second made $18.00 on $8.11, and the magazine made $7.69 on $2.17. Overall, $35.93 on three items which cost me $18.39 and turned into $54.32. This almost tripled the amount I put into these three items overall. The return on these items was 295%.

The annual return for the two mice can be calculated but is so ridiculously high the number received doesn’t make any sense from an annual return basis, because to be able to find something which will sell every nine days in excess of doubling is part luck and part skill in flipping. To understand this the annual return on the mouse which I paid $8.11 for and made $18 in profit would be the following calculation. $18 divided by $8.11 equals 2.26 times the cost paid. 365 days divided by 9 days equals a turnover rate of 40.55 times in a year. The turnover rate is the part which is unobtainable on a consistent basis. This would then assume you could reinvest the new amount and make 2.26 times at each turnover. You would be able to increase your $8.11 to an amount that would be worth more than everything in the world currently, $1.8 quadrillion.

To understand this further look at how quickly the $8.11 grows in just ten flips.

Starting Amount	Profit at 2.26 times	New Ending Amount	Flip Number
$8.11	$18.00	$26.11	1
$26.11	$59.00	$85.11	2
$85.11	$192.35	$277.46	3
$277.46	$627.06	$904.52	4
$904.52	$2044.21	$2948.73	5
$2948.73	$6664.13	$9,612.86	6
$9,612	$21,725	$31,337	7
$31,337	$70,821	$102,158	8
$102,158	$230,877	$333,035	9
$333,035	$752,659	$1,085,694	10

Having $8.11 grow to over $1,000,000 in ten flips would require so much luck to be able to make this happen. Add it that you would do this in 90 days, or three months then you can understand how unrealistic this is. The higher the amount of the item you are trying flip the harder it is to get a multiple like 2.26 times your investment and the higher the risk you are taking to make this amount of return that quickly. It could happen to get this type of return, but it would take longer for this to happen.

I am currently underinvested by $38.92 and will update once I’ve got new items to replace this. This was a good week for flipping for me. I went from being overinvested by $17 to underinvested by $38. The power of flipping small amounts keeps on being shown over time. I be at $171 of inventory once I have the new items, I need which puts me at an inventory of 4.7 times my initial investment. It looks like I will have 5 times the amount I started with when less than one year is done since I started.

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 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
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
*Advertising Magazine	$2.17	9/26/22	$7.69	2/19/23
*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
*One, two, three infinity	$1.07	10/19/22
*Satellite Puzzle	$2.37	11/28/22
*Snowglobe	$3.45	11/30/22
*Tealight	$2.37	11/30/22
*Board Game	$3.78	1/4/23
*Music Equipment	$43.30	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
*Logictech Wireless Mouse 1	$8.11	2/9/23	2/17/23	$18.00
*Logitech Ergonomic Mouse 1	$10.27	2/9/23
*Microsoft Ergonomic Mouse 2	$8.11	2/9/23	2/17/23	$10.24
Underinvested	$38.92
Total inventory amount	$132.25

I found four items at Goodwill where I have found most of the items in my inventory. I ended up buying more than I had to reinvest because the items I found were likely to sell very fast and at a very good return on the amount of money I spent.

The first item is another big potential winner. It is an external hard drive and I paid $5.94 for it, and it is new, still in the sealed box. New hard drives like this one are selling for over $100 online currently. When this one item sells it will be my biggest profit maker since I started flipping my change jar money. This single item could make me more than double the amount I started with when it sells. Again this shows the power of flipping small amounts into something larger

The next items purchased were all computer mice. These are all potential doubling of my money on them. They also have the potential to sell very quickly, which is the best case when buying an item, in my estimation. Two cost $8.11 each and one cost $10.27.

These four items cost me a total of $32.43 and currently the potential profit amount is over $110. This is right in the zone of where I want to be to keep the profit amount growing in my journey to build up the amount, I started with in my change jar. I am overinvested by $15.39 currently and will wait till enough items sell to get me back to underinvested again to buy more inventory.

When I am able to buy very profitable items with a high potential to sell quickly, I will likely not limit myself in the future if it puts me slightly overinvested. Being slightly overinvested as an amount will increase over time as the inventory amount gets larger and larger. For example, if my inventory was $10,000, I would not hesitate to put an additional $1,000 into an item I am going to flip if it would be a good profit amount. The reason is because at 10% of my total inventory to be overinvested this would still be a reasonable amount to have to fund moving forward. Also, by the time I have hit $10,000 in inventory I will have taken some money out to pay myself back for having turned my $36.38 into such a large amount.

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 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
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
*One, two, three infinity	$1.07	10/19/22
*Satellite Puzzle	$2.37	11/28/22
*Snowglobe	$3.45	11/30/22
*Tealight	$2.37	11/30/22
*Board Game	$3.78	1/4/23
*Music Equipment	$43.30	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
*Logictech Wireless Mouse 1	$8.11	2/9/23
*Logitech Ergonomic Mouse 1	$10.27	2/9/23
*Microsoft Ergonomic Mouse 2	$8.11	2/9/23
Overinvested	$15.39
Total inventory amount	$150.63

I purchased two more items at the same Goodwill I have purchased many of the items in the inventory. The first item I bought was another puzzle of a painter for $3.78 and it is priced to double my money currently. The second item is Roblox characters that I paid $5.94 for and will hopefully double my money on. I still need to invest $17.04 to be fully invested. At this time my potential profit on the inventory is over $150, if all the items sell. If this would occur, I would have $285 from my initial amount.

I will have to buy some more items but am posting because the two items I bought are online already and there is a possibility one of them could sell before I get the remainder of the money invested. As I go along this situation will occur from time to time as I try to find good items to flip. With my inventory staying around 30 items I am trying to make sure I find the right items which allow me to double my money on a consistent basis at the minimum. If I continue to do this every time when I sell something I should be able to move into a little bit higher priced item on the next go around. This should set me up to scale the total inventory amount very quickly, like I am seeing so far since I started flipping the money in my change jar.

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
Music Album puzzle	$1.18	6/29/22	1/27/22	$8.38
Iowa Puzzle	$1.18	6/29/22
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
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
*One, two, three infinity	$1.07	10/19/22
*Satellite Puzzle	$2.37	11/28/22
*Snowglobe	$3.45	11/30/22
*Tealight	$2.37	11/30/22
*Board Game	$3.78	1/4/23
*Music Equipment	$43.30	1/4/23
*Painter’s puzzle	$3.78	1/30/23
*Roblox characters	$5.94	1/30/23
Underinvested	$17.04
Total inventory amount	$135.24

I sold two items, the Music Album Puzzle and the Gun Holder on the same day. The music album puzzle was a Pink Floyd puzzle, and the gun holder was a leather holder to help a hunter to hold a rifle while they walked around. Both of these items end up being good winners for me again.

The puzzle ended up selling for $9 and made me $8.38 of profit after I purchased shipping for it. I had increased the amount I was charging for puzzles on shipping after I lost money previously, because I was not charging enough to cover the shipping. This allowed me make a little bit more profit, because I more than covered the amount of shipping and packaging on the puzzle.

I ended up making 7.1 times the amount of money I paid for this puzzle. This shows how much opportunity there is to make very high returns on very small amounts which can build into a more substantial amount of money if you keep the long term in mind.

The gun holder ended selling for $20.49 and I made $14.27 profit after shipping was paid on the item. This is the same situation where the shipping was less than I had to charge for the item. I ended up selling this item for less than other sellers by about $1, and it moved like I hoped it would very quickly. I sold it in less than one month of buying it. The annual return on an item when you sell it in less than one month gets very high, like I’ve written about in many other posts. Look back at an older post where I’ve sold an item to understand the annual return on what I am doing.

I need to reinvest $26.76 to be fully invested again and will update once I have purchased the additional items needed. I am having a good run at selling items that have had a larger amount of profit compared to the amount I’ve put into them. I am not sure where the rest of the year will take me, but the growth of my initial amount to over $135 is a nice win so far, and is over 3.7 times what I started with.

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
Music Album puzzle	$1.18	6/29/22	1/27/22	$8.38
Iowa Puzzle	$1.18	6/29/22
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
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
*One, two, three infinity	$1.07	10/19/22
*Satellite Puzzle	$2.37	11/28/22
*Snowglobe	$3.45	11/30/22
*Tealight	$2.37	11/30/22
*Gun Holder	$8.11	12/29/22	1/27/23	$14.27
*Board Game	$3.78	1/4/23
*Music Equipment	$43.30	1/4/23
Underinvested	$26.76
Total inventory amount	$135.24