Wednesday, September 20, 2017

Making big money with a little money

Christmas in July
As October arrives, I am starting to get psyched up for holiday finds and flips. The season really begins with Halloween. To kick it off with a bang, I currently have several Halloween inflatables up for sale on Craigslist. It’s also football season, so in the last few weeks I’ve bought and sold a couple of football themed inflatables. Obviously this time of year is the exact right time to begin holiday themed sales. But I'll admit...I got a bit of a head start. Back in the summer, I scored a Christmas themed polar bear on my local Facebook yard sale group. The seller was asking only five dollars! This polar bear was huge, measuring eight feet tall. The rule of thumb with inflatables is this; the taller they are, the more money they sell for. Normally, I would have waited until the holidays to flip this big guy, but I got itchy, so he was posted on Ebay in July. This was right around the time QVC had their annual "Christmas in July" sale. It sounds crazy, but I really do think those QVC promotions prompt buyers to run to eBay and start shopping for Christmas. It did for my polar bear. He sold for $45 dollars...in the middle of summer!


Flexo table lamp, Of course it works!
Hopefully that flip was a sign of solid holiday sales to come. In the meantime, let’s take a look at some non-holiday finds and flips. Up first is this very heavy-duty, articulated lamp made by Flexo. I found this contraption in the driveway of a local yard sale back in the summer. The sale was hosted by a long-married couple looking to clean house. When I asked the lady the price on the lamp, she quoted me five dollars. She then felt the need to add, “Oh, it works.” Hearing this, her husband, who was lugging household items down the driveway, proceeded to bark at his wife, "Of course it works. I wouldn't put it out here if it didn’t!”  As he continued to grumble a little more, I leaned over to check out the lamp. At only five bucks, buying this vintage piece was a no-brainer. I knew there was easy money to be made. I handed Mr. Grumpy a five dollar bill and picked up the light. When I did, I nearly threw my back out! The weighted base was as heavy as a bowling ball! I struggled with a two-handed grip on the base, slowly limping down to my truck while being careful not to drop it on my foot. A few days later, I wrestled with the lamp again for a photo shoot, taking pictures of it from all angles and positions. The light then went up for sale on Craigslist under the title; "Vintage Flexo Articulating Drafting Industrial Light.” That got the attention of a young hipster, who agreed to pay me $60 dollars for the lamp. I managed to make $55 dollars on the deal and not throw my back out...a good day for me!

Our dining room guest
Keeping with the industrial theme, here’s a beautiful wood stool I picked up at yard sale not long ago. When you're talking the industrial look, usually that means an item with all metal construction. If it has some dirt and grime on it, all the better! While this stool was mostly made of oak, it still had a grimy, metal under chassis in keeping with the industrial feel. The seller was yet another “downsizer" who was cleaning house in order to move South. Ironically, I am also attempting to clean house for an eventual move. More then once during this current yard sale season, Mrs. Dude has sternly cautioned me to keep the big size purchases down to a minimum. But at two bucks, how could I say no to a vintage industrial style stool? Naturally, I could not! The seller got his two bucks and once again, I awkwardly carried a prized treasure back to my truck. Much to Mrs. Dude's annoyance, I stored the oak stool in our dining room. This unused room sometimes serves as a weigh station for big purchases that I figure will sell quickly. After all, why haul something down to the MoneyintheGarage secret bunker, when it will be brought right back up again? Secondly, how often do you use a dining room anyway? We eat at the kitchen table! The dining room is used only for holiday feasts, and with Thanksgiving dinner months away, I had plenty of time to move the stool. Mrs. Dude wasn’t really buying into this theory, but I actually wasn’t too far off. The oak stool hung around for about three weeks. I listed it on Craigslist using hot buzzwords like; "Vintage Industrial Draftsman Stool" and "Shabby Chic.” I assured a skeptical Mrs. Dude that with this kind of masterful marketing, the stool would surely not be around around the dining room for very long! Sure enough, on a beautiful Sunday afternoon in August, I met a buyer at the local post office. He paid me $75 big ones for the old stool. Not bad money for a three week stay in our dining room!


Have you had some good industrial style flips? Let’s hear about them in the comment section below. Enjoy the fall yard sale season!




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2 comments:

  1. no industrial flips here but the last 2 weeks we have been selling faster than I can source inventory....first time I have ever had that problem

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    1. Grace-That's a good problem to have, right? Ha! And the volume should only pick up more as we approach the holidays. Thanks for checking in....Dude!

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