How I Make $8,000 Each Month Reselling Items On eBay (2024)

Today I have an amazing interview with Stacy, a mom who works 20-30 hours a week on her reselling side hustle.

In the past two years, Stacy has made $100,000 in sales and is expected to earn $100,000+ next year.

In today’s post we go over things like:

• The first item Stacy sold and how much she sold it for
• How much money she’s made since starting
• If this side hustle can turn into a full-time job
• What she likes and doesn’t like about this side hustle
• How someone can get started and get results like her

I also share more info on a free training you can join to see if this side hustle is for you.

Can you share exactly what your side hustle is?

My absolute favorite side hustle is flipping items for profit.

I had been reselling on eBay since 2007, but I never knew it was actually called flipping and honestly, I never knew it was a “thing” where I could actually make a living.

To put it simply, flipping is just finding valuable items at a very low price in one market and then reselling them on a platform with a lot of traffic (like eBay).

The money is in the buy.

What does that mean? It means, the better you can do on the purchase of the item that you are flipping, the more profit you will have.

If you pay too much, it won’t benefit you.

You have to find those items that have good value and are underpriced.

With that said, I have developed an amazing eye for undervalued items at a low price. The lower the price, the better the return on my investment.

I resell some of my items on local platforms like:

• Facebook
• Craigslist
• Offerup

What made you pick this side hustle?

• I wanted more free time with my family
• I wanted to make more money
• I didn’t want to invest a lot of money into a business

In July of 2018, I started my side hustle with just $0.50. I went to a yard sale and picked a center cap for a Dodge ram truck.

I listed it on eBay and sold it the next day for $75. I took that money and re-invested it in three other items to flip and it just took off from there.

To date, I have never put any other finances into my side hustle other than the original $0.50.

Flipping has now become my full-time hustle.

I came to this decision when I was working a shift at the hospital as a nurse and while I was working I made several sales totally twice as much as what I got paid for the shift.

It was a no-brainer from then on. It was easier work at flipping and I was making a lot more money doing it.

Flipping is so easy to start. You don’t need to even have money.

You can start with the items that you have lying around your own house that you haven’t used in a while. You don’t pay fees until you sell the item so there is very little risk to start flipping.

How long have you been doing this side hustle?

I started flipping in 2007 when my sixth child was born. I had quit my job for a period of time to stay home with my two babies.

In 2018, I had an aha moment when I saw a video of Rob and Melissa from Flea Market Flipper talking about sourcing and how they were earning money by shipping large items.

Within two years, I turned my $0.50 into $100K and I’m still going strong.

I totally love every aspect of the business. I love finding items, cleaning them, fixing them, listing and selling them.

In my opinion, it’s the best side hustle around.

What was the first item you sold? How much did you make?

• Wresting Singlet – sold for $40!

Right after I watched Rob and Melissa’s video and decided I was going to start sourcing some larger, more expensive items, I sold a Lavazza Espresso Maker.

I picked it up for $40 off of Offerup and sold it for $400 on eBay.

Below are some examples of things that were resold for a huge profit!

How much money have you made?

After I started taking reselling seriously in 2018, I took $0.50 and turned it into $100K in sales after two years. I am estimating I will make $100K in sales next year.

Related: 10 Tips For Succeeding With A New Side Hustle

How much money can someone make doing this?

Like any business, you have to do the work.

• I work hard and I work often.
• You will get out of it what you put into it

If you get into the flipping group and you follow Rob and Melissa’s program, you should be making $1000 in the first 30 days. That’s about average.

Of course, that all depends on the person who is doing it and if they are willing to get past their fears and leave their comfort zone.

Once I got the shipping down, the sky’s the limit!

I have sold smaller items up to large freight items on a pallet.

Is this side hustle hard?

With flipping, there is definitely a period where there is a learning curve. In fact, I am still learning daily. You have to spend time learning the ins and outs of flipping.

You also have to be willing to make some mistakes and learn from them.

Sometimes people are so afraid of making mistakes, that they never leave the comfort of not trying.

If you don’t try and move past your fears, you will never get successful with flipping.

I’ve seen people who had no idea what they were doing and they admitted that sourcing wasn’t something they were even good it.

But they just continued to not take no for an answer and keep at it the business learning and stepping out of their comfort zone. Within 90 days, they had made over $5,000.

There are items to source everywhere and you will never run out of items to source and resell.

Like anything else, flipping is a job. If you go to your job daily and work a hard day, you’ll earn a paycheck. If you don’t work, you don’t get paid. It’s really that simple.

Flipping has also shown to be recession proof.

Through the pandemic and other low times in the economy, my business was booming. There are a couple of reasons for that.

People are looking to stretch their money and they are also looking to buy items without having to go out to stores. So the online platform that I sold on was the perfect combination for low points in the economy.

Below are a few more examples of things that were sold for a huge profit!

How much time does this side hustle take?

You can spend as much time or as little time as you want on this side hustle.

If you want to make more sales, you will have to spend more time sourcing and getting your items listed and sold.

If you just want to make a little bit of money, you can treat it like a hobby. You will still make money, but it won’t be serious money.

I spend an average of 25-30 a week and I make on an average $7,000-$10,000 in monthly sales. I bring home about 80% of that.

Learn more about how to make money reselling in this free training here.

Can this side hustle turn into a full-time job?

When I started flipping, it was never on my radar to do it full-time.

I was finding I had a lot more money in my budget and I had more time and less stress.

Last year, we went on a 30 day road trip across the US in the summertime.

I kept my eBay store open and I sold $4,000 worth of items almost the entire month I was gone. I wasn’t even at home and I still sold and made money!

Since doing that, I have been able to continue to be very consistent with my business and I have more than doubled my part-time nursing income with just flipping.

Does this side hustle cost a lot of money? Are there business expenses?

I think that is one of the most appealing aspects of flipping.

There is very little overhead and almost no start up costs to begin flipping.

My business expenses include:

• Internet
• Cell phone
• Fees I pay to eBay after items are sold
• Shipping supplies (if item is being shipped)
• Storage unit (which is not a requirement for this business)

I chose to have a storage unit since I am selling larger items and I don’t have the room for them.

What do you like and dislike about this side hustle?

• Confidence that my job will last even in a recession
• Ability to travel while making $1,000-$2,000 in eBay sales
• Flexibility and freedom of the job

Are there other people successful doing this?

I think there is always the fear when you see someone being successful at a particular thing that maybe it only works for them.

I have seen many, many people start flipping part-time! Some have even quit their jobs that they didn’t like and gone full-time flipping.

How can someone get started with this?

If you’re on the fence and not sure about this side hustle, it doesn’t hurt to take a free training to learn more about it.

If you’re ready for a change, sign up for the free training that will teach you about reselling and if this is the side hustle for you.

What tips do you have for people who want to make money flipping items?

• Start slow
• Look for things to sell that you are no longer using around your house
• Get a separate bank account for your business

There is no better side hustle on the planet in my opinion and I am so happy that I was able to move past my fears and tackle this business! I am living my best life because of it!

Free Training

Learn how to turn your passion for visiting thrift stores, yard sales, and flea markets into a profitable reselling business.

Get access to the completely free, no obligation traininghere.

The free training shows you:

• 5 signs reselling could be the side hustle for you
• How reselling can be your ticket to lifestyle freedom and financial security
• 3 insider secrets that help you grow your flipping profits

Sign up for the free training here.

Final Thoughts

Have you been thinking about starting a reselling side hustle?

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