So my 2nd week of dabbling with the flip life is over. It’s been tougher than I thought, but that’s not going to stop me from trying to make a real success out of this.
When I say it’s been tougher, I don’t so much mean the actual buying and selling of the items. I mean the actual profit-making – after taking all eBay/PayPal/postage fees into account. I had a few mishaps when it came to judging the postage costs of certain items. I’ve actually lost money on 3 of my items, but it’s not the end of the world. After all, this is still a learning process.
Lately, I’ve become somewhat obsessed with scanning for things to sell and profit from.
This definitely isn’t a new thing to me. In fact, I used to do it quite a bit when I was younger – often buying items from the clearance section of a store and then re-selling online for slightly more (always enough to make a nice wee profit!).
I kind of forgot about this whole buying low/selling high(er) thing, or as it’s more commonly known, flipping. This all happened around the same time I got my 1st proper job – up until now that is.