I flipped furniture off and on for ten years. With experience, you learn way to save time and cost. Keep it up. You can make a lot of money. I am not sure how you made so little money. I think you charged way too little money. You should have made at least $400 profit per piece and you had twelve pieces? Doesn’t add up.
I think one of the bigger questions to ask is if you had a couple of people and a small business could you make it work by flipping enough recycled furniture around to stay in business, and either be profitable or become profitable by whatever else you are selling there. It's also maybe worth considering as between-work income?
I hope you didn't purchase the jigs as part of your supply cost. That's a hefty investment when a pencil and tape measure would have been a cheaper investment. The next flip will bring in a larger profit margin. As for the $19 per hour, that would still be more than I make now working in a brick and mortar business. Flipping may not be profitabke in your area but in mine, it is a needed business. We don't have much for furniture in our rural town. Great info though!
I would say look at it as taking something that wasn't so nice looking or maybe yucky and you gave it purpose. I absolutely love though seeing the before and after pictures. I think it would have to be a hobby though if I wanted to do something like this. But hey, maybe you find it as something that is fun and turn it into something you do in your down time. Thank you for doing this video. I was actually thinking about it but was wondering what the costs and everything would look like.
i am not even 1:30 in the vid and Ill guess that he doesnt by his demeanour but ill watch the rest and check in - once i hear about the time. like everyone knows
Most people are doing this as a side hustle, not their main income source. As a second income to supplement retirement or bring cash to try to keep up with inflation it might be worth it.
I flipped furniture off and on for ten years. With experience, you learn way to save time and cost. Keep it up. You can make a lot of money. I am not sure how you made so little money. I think you charged way too little money. You should have made at least $400 profit per piece and you had twelve pieces? Doesn’t add up.
Yes, this channel feels like a hidden gem and now I am subscribed
Bang up job mate. Loved the green table.
I think one of the bigger questions to ask is if you had a couple of people and a small business could you make it work by flipping enough recycled furniture around to stay in business, and either be profitable or become profitable by whatever else you are selling there. It's also maybe worth considering as between-work income?
I hope you didn't purchase the jigs as part of your supply cost. That's a hefty investment when a pencil and tape measure would have been a cheaper investment. The next flip will bring in a larger profit margin. As for the $19 per hour, that would still be more than I make now working in a brick and mortar business. Flipping may not be profitabke in your area but in mine, it is a needed business. We don't have much for furniture in our rural town. Great info though!
I would say look at it as taking something that wasn't so nice looking or maybe yucky and you gave it purpose. I absolutely love though seeing the before and after pictures. I think it would have to be a hobby though if I wanted to do something like this. But hey, maybe you find it as something that is fun and turn it into something you do in your down time. Thank you for doing this video. I was actually thinking about it but was wondering what the costs and everything would look like.
i am not even 1:30 in the vid and Ill guess that he doesnt by his demeanour but ill watch the rest and check in - once i hear about the time. like everyone knows
surprise surprise.
Most people are doing this as a side hustle, not their main income source. As a second income to supplement retirement or bring cash to try to keep up with inflation it might be worth it.