hello hello and welcome to my channel
as a lot of you may know i have flipped
my first piece of furniture and i made
over 600 and i'm gonna tell you how i
did it
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all right guys so i'm gonna first
really quick tell you why i got into
flipping furniture so i saw
somebody's 90 day total they were
posting over on facebook it was over 50
thousand and
ninety days which is insane
i said to myself i'm gonna see what
they're doing
i want my numbers to be higher and i
kind of
stock their ebay store i stock their
facebook postings
and i saw they were selling
a lot of furniture so i will tell you i
have sold my first piece
i'm hoping by the end of this it will be
delivered so i can kind of put a
conclusion
but i'm not sure that it will be so my
first piece of furniture i flipped
i paid 150 for the piece
and it sold for 839 dollars
plus freight so i want to talk just
really quick about the
freight and all of that i'm gonna show
you some clips from that
so first things first i am only picking
up ethan
allen i am sure there are name brands if
you guys know some name brands
that myself and others can look for
please drop that down in the comments
below and if you haven't hit the like
button
so i'm picking up ethan allen so you're
gonna
have some
difficulties finding it it's not gonna
be easy to find and in good condition
it's really not gonna be easy to find
and then you have to find it for cheap
so this is definitely
not an easy task so
i found these pieces i have added
some more pieces you can search my ebay
store the link is below and put in ethan
allen and see which pieces i have right
now
so this particular piece i paid 150
it was listed at 200 with another
piece which is a vanity the one that
sold is a lingerie dresser so it is a
big
item so you can't just box that up and
ship it via
fedex or usps you might be able to
but i didn't have any interest in doing
that
so i used uship.com i went on
and they actually have a function where
you can get an estimate
and so what i do is put in my listing
that people can either come pick it up
or it is
available via freight but they are
responsible for paying and
they needed to contact me if they wanted
a quote
so i had a couple people inquire they
didn't follow through
the third person and i will tell you
like i said it did take less than a
month for this piece to sell
i looked it is going to new york
new york and uship will give you
an estimate on the freight so in this
case
it was 292 dollars so i let this buyer
know
that i believe freight would be about
300 and if it costs more than that
i would pay am i taking a chance
especially with my first furniture flip
yes
but i knew i had over 600
in profit so if it costs an extra 100
even 200
i would still make almost 400
so i put it on your ship i wait two days
and i don't hear anything
so i was freaking out a little bit i
won't lie and i i live out in the middle
of nowhere so i'm like
do people not want to come in the middle
of nowhere or
what and then i'm thinking
okay this buyer that just purchased this
dresser
is in new york city maybe people don't
want to go to new york city so i'm
having all these horrible scenarios go
through my mind
so on the third day after i
placed my listing on u-ship which
includes like
the dimensions of the piece and
approximate weight i did just guess
i think there are some calculators out
there where you can do a more educated
guess
and then you post a picture and where
it's going from where it's going to
and i think most listings i see say to
allow two to six weeks
for free to deliver the item so i posted
it
it finally got a bid
for 300 which was exactly what i charged
my buyer i will say though
that you ship charged me a 25 fee that i
didn't really figure
in so i probably should have told that
buyer 350 but it's okay we still made
over 600
so i waited because i wanted to see if
people were gonna
give me a lower quote and i have been
told that if you put a price you're
willing to pay
it makes somebody booking it
faster than if you're asking for bids so
that's something i'm gonna have to play
around with a little bit
so i got a second bid it was at 299 a
dollar less
this person had one feedback and it was
not good
and the first person that bid was matt
and
he had 97 positive feedback so i'm like
okay
i'm gonna go ahead and accept this i
charge the buyer exactly this
and i did exactly that you had accept
quote you do have to pay at that point
and then matt had a two-week window so
he gave me a two-week window for pick-up
a two-week window for delivery you have
to figure these guys are driving all
over the country with
a lot of pieces in their vehicles so i'm
gonna show you some clips of
matt picking this up and how it went
and then i am gonna tell you some pros
and cons after i show you
these clips all right guys so i
booked probably four days ago
and i got a call just now and
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the you ship shipper says when are you
open
and i tell him that we
sell from home so we'll be here most
times and he says he'll be here an hour
so
right now this is in the shipping room
with the shipping supplies etc
and he's going to be here in a little
over an hour so i'm going to record this
and let's see how it goes
all right guys so matt is here
pick up the dresser out he's got to get
that dresser
all right guys so matt is here i just
asked him
if we had to book through you ship and
he said we don't so once we get that
connection we can
contact him directly and have him
um come and get the item rather than
having to
dalton's wandering around rather than
having to
um go through u-ship where we both get
charged a fee
and then matt on average how long does
it take
you to come and like pick stuff up
usually on average
um it could be about a week to three
weeks depending on
where i am and then once i pick up it's
usually around three days
for delivery okay so pretty fast and
then um
is using like u-ship's estimator
pretty accurate as far as fees in your
experience
not really so mine i will tell you said
292 and you
did 300. so mine was spot on
yeah um for stuff like yours yes
but unlike the bigger pieces
they tend to be you know they would
still charge the same amount
as if it was this if it was small or big
okay
all right and then
you um bring it upstairs or
anything extra okay could
like go up depending on that thank you
blanket wrap everything when you come
and get it
to protect it okay and then if it's
inside the house like we have ours on
the porch but if it's if it's inside the
house is that something you would go in
and get for them
okay
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um
then you could pick up for the buyers as
well i know i've seen some people they
tell the buyer they have to arrange the
shipping so
this time we did yeah i know a lot of
people are afraid like
try to stay so you know i can
as long as i get a house or cash up
whatever
i can pay cash on spot for you for the
item as well
oh okay where you're like
paying for the item when you pick it up
because we send you the money okay
sometimes you know especially if the
person's older they're not gonna want
paypal
or more sometimes people are a little
sketchy
yeah only want cash and
since i'm putting this out in the video
you said i know i read you said like
south down up to new york but where else
were you saying you go
as far as the people wanted to know
boston new york
i-95 borders all the way down to miami
and then pretty much draw a line from
denver
to austin and everything east
are you on the road seven days a week uh
yeah
all right is there anything else like if
people are shipping that you would
tell them
not be in a rush yeah
especially like in the new york area you
know sometimes you'll have a customer
that he'll call you last minute and say
hey
can't you know i can't pick it you know
i can't drop this at this time and then
i get stuck until the next because it
puts you behind schedule yeah
you know okay and with 15 to 20
customers sometimes per trip
you can just yeah you guys can see he's
loaded there
loaded to the brim
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so like if somebody couldn't physically
like get it out of the house like he's
helping you
you would would you go in with a dolly
and like take it out for him
okay alright
all right so i hope you enjoyed the
clips and matt was nice
enough to let me ask him some questions
on camera
i will put matt's phone number in the
description below so if you have a
furniture piece you need moved you can
contact him
so i will say there
the pros are obvious you're making a lot
of money on one piece of furniture
that's the biggest thing they also are
very easy to research
once you can figure out um what pattern
or what style of ethan allen it is very
easy to look up comps
they're not on ebay and i'm seeing a lot
that aren't you can look them up on
worth point which i do have a membership
so that is convenient
the cons furniture is heavy
luckily i have my husband to either
go do it by himself or to help me pick
it up
so you're gonna have to have a way to
move this furniture either
truck a trailer you're gonna have to run
a u-haul if you're getting bigger pieces
there are smaller ones i picked up
three on tuesday uh
in my mom's car by myself with my mom so
i put a footboard and headboard in my
mom's car
so you can kind of work around that only
pick up like dressers
or small dressers nightstands coffee
tables
things like that and you could do it
with a car pretty easy
so they're not very common and they're
not cheap most people that have ethan
allen
know what they have so i'm running into
the pieces that are nice
are way too expensive for me to make a
profit so you have to keep looking a lot
and then if you do find it lower cost
you have to make sure it's in good shape
i have two sitting out on my carport
because i kind of rushed into this which
i tend to do
and they're gonna need to be refinished
now i did get them cheap enough i paid a
hundred dollars per piece
they should sell for 800 and a thousand
dollars each
so once we can get them refinished then
it will be okay but i would much prefer
to pick up pieces that don't need work
so it's gonna be hard to find you're
gonna be putting
100 plus dollars in it's going to be
sitting there for possibly months
and you need somewhere to store it so
those are some of
the negative things that i'm seeing from
this i can't go pick up 50 pieces
for one i can't find them for two i
don't want to put out that much money
and for three i don't have that much
storage even though i do have a lot
so i think that's pretty much it
matt picking it up was super easy we
didn't really have to do anything
so i wouldn't be scared of the freight
and
yeah i think that's pretty much it you
find the pieces find what they sell for
and kind of have to decide i'm still
going in at like 10 to 20 percent of
what i think i will get i don't want to
pay higher
and it is a very very high profit return
this could be
very very lucrative but you're gonna
have to search to find the pieces
you're gonna need the manpower to move
it or women power
and you're gonna need space and
patience for it to sell it might be the
only one on ebay
but you have to wait for that right
buyer to come along that wants to
purchase it
so i picked up three more pieces as i
said on monday
i am gonna show you some footage of the
neighborhood i picked it up in it was
incredible
and then i'll pop some screenshots up of
those pieces i will tell you i paid
25 for the small mirror i paid 30 for
the large and i paid 75 for the
headboard and footboard so i'll show you
guys those
i will update you if the buyer has
received it by the time this video comes
out
and as i sell more pieces i will give
you guys more information i hope this is
helpful if you have questions
ask me and hopefully i can answer if not
maybe somebody watching can
and i will see you guys on the next one
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bye
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