Frugal Flips ~ Buy & Sell (within reason) to benefit your own lifestyle via yard sales, thrifting, or FB Marketplace

When I spot an underpriced item that I know is in demand, whether at a yard sale or on Facebook Marketplace, I call it a “Frugal Flip”: an opportunity to make a little side hustle income.

I won’t hesitate to buy and resell it for more on FB Marketplace (or rarely eBay– eBay fees are a bit annoying unless the item is higher value). This profit helps pay for something else in my life. It’s a little side hustle income, and the ease of FB Marketplace sales lets me afford things I’d otherwise probably cut from the budget.

Community garage sales and thrift stores are my favorite hunting ground, especially community sales in nicer neighborhoods where the stuff is newer and better quality. Yard sales are underrated! Put your ego aside, and go treasure hunting! Sure, some of the stuff at yard sales belongs in a landfill, but there are real treasures mixed in! I typically bring at least $400-500 +/- cash depending on the size of the community sale and look for two things:
(1) items I can use at home and
(2) items that flip easily.

I also might ask people if a seller takes Venmo for items that are going to deplete my cash for larger items (like $100 for a piece of furniture to flip for double or triple that) to try to retain cash for other finds (I don’t want to hit the bank and miss the deals!)

Frugal Flips are a side hustle that I nerd out on. I track every flip in a spreadsheet. (You definitely don’t have to do this.)

An example of nearly $1500 net profit from one community yard sale outing is below. This is one morning (approx 8AM to 12noon), followed by listing items immediately to sell the following week or so. I usually sell items within 5-7 days, but usually no more than 2 weeks. I donate ‘loser’ items if they don’t sell and just call it a loss. The % profit that I track is a fun metric for myself.

Some winners are bigger than others above. All are positive net profit, though. The leather jacket, for example, was $40. I sold it for $50. I listed it at $75, but I took $50 immediately (within an hour of posting it) to make a quick $10 same-day profit. I could have waited… but chose speed over maximizing. I’d rather not sit on the items, as I have one shelf to put flips on in my garage (this is intentional so it all lives in one area).

On a good yard sale morning, three or four hours can net hundreds of dollars or, as noted above, almost $1500. This $1500 was net too (what I sold it for minus what I paid). Not too shabby for one morning and several hours combined working on the side to post listings and respond to messages. I have buyers pick up at my house after work usually, so the general time commitment is to confirm a pickup time and then chuck the item at them in exchange for cash (sometimes venmo). This profit excludes the value of anything I keep for the house (“new to me” clothes, household decor, kitchen items, kid toys, etc.)– I don’t tend to track these items, but maybe I should.

The key is to find products you’re familiar with. Sometimes I’ll buy something without even knowing what it is and get surprised later when I Google or Amazon search it. If I have time, I’ll quickly pull up Amazon and search the name at the yard sale. “Cangshan knives” for example – they wanted $50. The item was $300 on Amazon. Great deal as is, but I offered $40. They said OK. I tend to almost always offer less, but I don’t insult the seller.

Example “buy” script: *Be Friendly* – “Hi, is there any chance you’d take $40? You have $50 on it” I don’t ever assume or insult when they say no. I would have paid $50. They don’t need to know that, though! If they say “no, i’m firm” I hold the item and say “OK that price is fair — i’ll take it” or I see what else I can find and see if they can do a bundle discount price.

My own home finds have included brand new silverware still in the package (Henckels steak knives), kitchen chef knives, air fryer/toaster oven combos, security cameras, and a garage storage shelf, all for a fraction of new prices. For flips, I look for things like electronics, nice clothing (a leather motorcycle jacket, if cheap enough, flips easy), video games, Harry Potter books or other children’s book series (hardback usually), baby strollers (lightly used), electronics, espresso machines, golf club sets (if cheap enough), and pretty much anything in steady demand. I only buy the items if they are like new, new in packaging, or otherwise in excellent condition.

Pet crates are a perfect easy flip example (at least in my area). Plenty of people head straight to PetSmart, but plenty more would rather pay a fraction of that on Marketplace. If I can grab a medium, large, or XL metal crate for $5 to $20, that’s a quick 3 to 4x. I’ve flipped $5 crates for $50. If the price is right, 3x+ profit is easy. And some of my flips hit 5x-10x or more. See the above spreadsheet for easy sell examples. That margin subsidizes everything I buy for my family at the sales, too. In other words, free clothes, free toys, free kitchen or household items, you name it…

Furniture in great shape, or anything a little novel, sells well too (vehicle space permitting). I bought an electric fireplace TV cabinet for $10 and flipped it for $60 in under 24 hours.

Another instance: I bought a solid wood dresser with cabin-style metal handles for $50 and sold it the same day for $300, delivered. It never left my truck until I delivered it a few hours later to the buyer on FB Marketplace. A little fuel and time, and I effectively traded a $50 bill for $300 (less fuel cost). Huge Frugal Flip Win!

When time permits, I’ll also buy FB Marketplace items that I consider ‘steals’ (super underpriced items) just to relist them to sell higher. Maybe someone is moving and wants to sell items the same day, so they will purposely list items low because they need to be out of their house or their moving truck is arriving tomorrow.

A few examples of buying steals or looking for bulky items people just want gone quick include gym equipment:

  • Rubberized dumbbells with a rack: bought one for $120, sold for $240.
  • Hydrow rowing machine (back when I had a truck): buy for $250 to $300, sell for upwards of $100 profit (+/-). They retail for $1,800+. Sells in ~3 to 5 days.
  • Peloton bikes: buy for $150 to $250, sell for $300 to $350+. The large-screen Bike+ models move fastest. Also ~3 to 5 days, and worst case I never sell for less than I paid.

The bigger the equipment requires a way to haul it and somewhere to store it while it sells. But people who are moving or re-organizing their home dump gym gear, nice furniture, and even newer TVs for cheap because it’s heavy and bulky / not worth taking with them.

These little frugalizer tips add up to big money that helps my family stretch our dollars and subsidizes items we otherwise may want to buy. What frugal flips have you encountered? I’ll follow up with more frugalizer tips as I put more thoughts on paper. Some more examples of Frugal Flips to come as well. Cheers!

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