Rob and Melissa Stephenson from Flea Market Flipper share what they flipped to make $3,160 in sales last week.
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Reseller Hangout Podcast – Rob & Melissa On Last Week’s $3,160 In Sales
Rob: What's up, guys? On today's episode, we are discussing and talking about what we sold last week to create $3,160 in sales.
Melissa: We're gonna dive into what we sold, what the fees were, and of course the profit.
Rob: All right, guys, we had a killer week last week.
We love when these big flips, this is a total of five flips, correct?
Melissa: Yep, five flips.
Rob: So we had five flips last week within the last six days that actually sold and totaling $3,160. So we're super stoked about it. We wanted to tell you guys a little bit, and maybe you can check out some of these items that might be in your local thrift stores, yard sales, flea markets, to look yourself, maybe you guys can find some of these items, that you're able to resell as well.
Melissa: And a couple of points to around some of the different items too.
So, so we'll start off with the wolf.
Rob: This is an actual deep fryer, built in deep fryer. Really, really cool. I've never seen these before until we were on a road trip, and the guy actually had two in his kitchen that I had to go in, uninstall.
I had to go into this multimillion dollar house and I had to uninstall these because they didn't know how to do it. So they're still hooked up through electric, still hooked up to plumbing. It's a deep fryer and a steamer, really, really cool units, but they are made by Wolf, W-O-L-F. And I forget the model number, but if you can find these, these are decent.
This one we sold for $350.
Melissa: Yep. $350.
Rob: And we paid?
Melissa: $75.
Rob: I paid $75 a piece for the steamer and, the deep fryer. So that was a good, I mean, we didn't make tons of profit on this, but it was still, it was a small item. Just packaged that one up. And yeah, we yeah. It's just not a huge item. So the profit was decent and it wasn't crazy to ship either.
Melissa: Fees were $43 and shipping was $40. The profit was $192.
Rob: Almost $200 in profit on that bad boy. Very, very little time invested in that. Although I had to uninstall it.
Melissa: But you got two things at that time.
Rob: I did. I did so a little bit more time than normal. Usually I would just have to pick it up at somebody's house, but this one I had to uninstall.
Melissa: That was right after Zion.
Rob: We were in what state was that?
Arizona? We were in Arizona, picked that bad boy up. Sweet, so number two!
Melissa: Before we jump into that, like we, I don't know if you just started following our podcast or following our story, but last summer, and actually the summer before that, we took a road trip across the country and we bring our trailer with us.
And so we find stuff across country as we go. And I think we talked about in another episode that we can link to in the show notes, but we picked, I think 14 items worth $17,000. So it makes it a little more, we were gone for five weeks, so we're working while we're traveling, but it's fun. And while we're on the road trip, making money.
So we have a good time.
Rob: It was a blast.
Melissa: And we probably will do it again this summer.
Rob: Absolutely so much fun doing that with the kids.
Melissa: So, so the second one was the globe.
Rob: Globe, this is actually I pulled six of these bad boys out of a dumpster on a job site that I was at with one of my buddies. They're fairly big. I think it was 18 inches diameter by 24, tall, something like that.
So they're not glass, it's like a plastic, a street lamp globe is what it would, it'd be commercial for sure. Got them for free. Sold it for $200. And yeah, not a bad thing. And that's one of the ones that I'm actually shipping out tonight. So I estimated it. What did it estimate shipping on this one? $30?
Yeah, I think it's going to be roughly $30. It's not super heavy. Cause it, like I said, it's plastic, like a clear plastic. So, killer killer deal on that.
Melissa: Fees were $25. You got it for free. So $0 invested and, or profit was $145.
Rob: $145 on that. So, not a lot of invested in this one at all, jumped into dumpster pulled six of them out.
Melissa: We love those free items. We need to tally up all the free items that we get.
Rob: We made so much. I'm talking tens of thousands of dollars on free items, for sure.
Melissa: People give away stuff all the time and you never know, like it's for all sorts of different reasons.
Rob: They do for sure.
Melissa: We should do a whole podcast on that.
Rob: Number three.
Melissa: The ballast, I don't even know what that is.
Rob: Ballast.
So these are more items that I got for free from one of my contacts. He got boxes of these ballasts for, I think it's for led lights. I'm not, I'm really not a hundred percent sure what they really are. But I just took the model numbers off of it and sold them. They were brand spanking new. I got a box of, I think there are 20 in a box.
I sold seven of them. And we sold them for, don't quote me. It was, I think, $79 per ballast, but it was a total of $560. It was a total that they bought for all seven ballasts. This is a small item. We got it for free. Seven of them put together, still could fit into like a small priority or medium-sized priority box if I was shipping it, priority to USPS. But most likely I'll ship this. I'm gonna try to do a second day air on this. I'm wrapping this right after this podcast as well, and I'm going to ship it out, second day air so the buyer will be happy with it. And yeah, brand new. So, what was the total profits and costs?
Melissa: So the $560, it was nothing invested. Got it for free. Fees were $72 because you did do promoted.
Rob: We did a promoted on this one cause this is kind of a unique one and I've had it sitting on here for, oh, probably close to a year, but like I said, it's not big, it was sitting in my shop on a shelf, all these, so yeah, not a ton of room to take up, but it is kind of a weird product.
So yeah, what was the total profit on that?
Melissa: $468.
Rob: So $468.
Melissa: Cuz the shipping will be about $20 you still have to ship those out.
Rob: Exactly. $468 on that. And if you guys don't know, eBay is amazing for second day air right now, they're some of the second day air that I do, they're trying to push it.
And they're giving it some of them for like 70%, 70%, 80% off of what it retails for second day air. So when I can do that on smaller boxes, absolutely, I do it. The buyers are super happy with how quickly they get there. So most likely I'll end up doing that with this and cost me $20, probably $20.
Melissa: And that was the only promoted item. Right?
Rob: Yeah, the only promoted item out of these five items that we sold.
Melissa: I wanted to also mention the fact that you didn't know what it was. So that is something. People always ask, well, how do you sell it if you don't know what it is? Because you don't have to know everything about it, but if you can find the model number and you can do a Google search and look for the images, then you can find out exactly what it is, but you can do a lot with a model number.
Rob: Yeah. And in this case, all I needed was a brand name and the model number, and I plugged it into eBay and they came up.
Melissa: But if it's not on eBay, you can also do it in Google.
Rob: And I still undercut the people who had them on eBay. I think they were over a hundred dollars a piece. And I undercut it to try and get mine to go first.
And like I said, I think they sold for $79 a piece. So killer deal on that. So awesome.
Melissa: There's a lot of stuff on the back order right now.
Rob: That's the other thing where we're at right now as a society, a lot of stuff is back ordered and the manufacture plants and all that stuff are way, way backed up. So people are trying to find stuff quicker.
So and they're going to secondhand or going on to eBay to find that stuff. So number four.
Melissa: The steam room, the sauna.
Rob: We love this one, this one we got from Goodwill for $200. It's a personal sauna room. So you sit inside of it. It's fiberglass looks like a little triangle, you sit inside of it, crank the sucker up.
And steam just, it steams your body. So it's really, really cool. Paid $200 for it, sold it for $1,700. Yep, and what were our fees and all that stuff. Oh, sorry?
Melissa: Cost of goods $200. Fees were $210, shipping costs $242. So your profit was $1,050.
Rob: So just over a thousand bucks. And this was fun.
This was all a lot of fun. We did some pictures, we did some videos with it. It wasn't that heavy.
Melissa: So it wasn't hard to put up. We picked it up just the two of us.
Rob: Not that heavy at all. I picked it up by myself and pulled it out of the trailer as well. So I mean less than 60 pounds, definitely it wasn't that big of a thing to ship, but it did go freight and that's why it cost a little bit more on shipping.
But still killer deal over a thousand dollars for this, little time invested in this, picking it up from Goodwill, wiping it down, cleaning it, getting some pictures and then getting it sold. So, and we didn't have that one that long either. I mean, probably a month or two, it was tops that we had that sucker.
Number five!
Melissa: The bats. The last one.
Rob: Cool. We got these bats. These are actually like baseball bats or T-ball bats. Softball and T-ball bats are what they were. Brody and I last season needed a bat for his T-ball team, went to the flea market, looking for one.
Melissa: One bat. They went to the flea market looking for one bat.
Rob: And we found one of the vendors had all these brand new bats.
They were T-ball they're like Melissa said softball. I think there is some baseballs in there too. But I think we ended up buying 30 something bats instead of we could have made more money had we pieced them out piece by piece, but typically we don't like to mess with that stuff. We gave a couple to our friends that were in T-ball.
We kept a couple and ended up with 23 bats, that we ended up putting on as one lot and sold them, for $350 for 23 bats. So killer deal. The cost on these, we paid $2.35, that's what we bundled it as when I bought them from the vendor. And then they ended up selling for $15 something, a piece, right?
Melissa: Yep.
Rob: $15 and some change a piece.
Melissa: So it cost $54 for all of them. And they sold for $350. So.
Rob: What was the total profit on that?
Melissa: The fees were $46. The shipping was around $40. We're about to ship those out tonight. Profit is $210.
Rob: $210, so killer deal, love it. So those are the five items for total of $3,160.
So what is our total profit on the whole deal?
Melissa: First of all, our total invested, so money out of pocket. This is the cool part is $329. So we don't have to pay fees or shipping before anything sells, which is cool. So money out of pocket was $329.
Rob: We love it when we can text 10 X, our investment and that's typically what we try to do. So that works. So what was total profit?
Melissa: Well fees totaled $396, shipping costs were $370, total profit $2,065.
Rob: So two grand in the black, I was going to say in the red, two grand in the black. So super excited about that, killer for the last week. And like I said, we didn't have tons and tons of time in to this deal. So five items sold for over $2,000. We love it. We love those types of deals. And that's why we do what we do, try to find those higher profit items or the larger items that are even higher profit, is really, really what we look for. So awesome.
Well guys, that's what we wanted to bring to you and a little I'm sure we'll talk about it later, but a little sneak peek.
I just sold the chiropractic bed that we got for free. This is not included in these numbers, but we've picked it up for free.
It just sold just an hour or two ago. So before we did this podcast, so, I paid $3 for the part to fix a little hydraulic line, and listed it. And we didn't have any money invested other than that $3 and sold it for $2,250.
So it will get shipped out the following weekend. I have another guy on the line for one of our large items, which is a printer that I paid a hundred dollars for. I have a guy overseas trying to buy it right now, wanting me to ship it to his local freight terminal. And that is on the line for $3,600.
So we paid a hundred dollars for it. We should be able to turn that into $3,600.
Melissa: We're making it to a hundred thousand. Last month was not so hot. So this one is making up for it.
Rob: Killing it so far. We're doing well. So absolutely love our business model. We love what we do. It is so much fun to be able to do this kind of stuff. So, all right, guys, you rock, hopefully this was helpful to you.
Hopefully you guys got some good information out of this. Look for that stuff. Definitely steam rooms look for these personal steam rooms.
Melissa: And that's an odd one to look for.
Rob: But those are. We have another steam room that is actually a foldable. Like it's a cloth one. It's not worth as much. No we did that one, I bought that one just for fun with the kids, but, paid like $10 for it. But it's worth like $150. You want the ones that are actually like either made of wood or made of fiberglass, something like that. Look for those, you can find them locally. People will not ship them. So that's the big, big deal why we were able to make some good money on that as well.
Melissa: So tackling the large item shipping is really something that has helped our business a ton. So people don't want to ship it and we will ship it. Get it shipped out, time to go get the shipping right now.
Rob: You guys rock. Have a great day. We will see on the next episode.
Melissa: Bye.