This page may include affiliate links. Please see the disclosure furnituure for more information. Posted by Marc Nov 13, Making Money. When it comes to side hustles rurniture ways to make extra moneyonline opportunities like blogging and affiliate marketing tend to get the most attention. But there are plenty of other opportunities that offer great potential and the possibility to start making money right away. Flipping used items is a great way to make extra money see my list of the easiest things to flip for profit. One of the best ways to make money with flipping is to specialize in flipping furniture.
It all started as an affordable way for my husband and I to furnish our home. Many things in the furniture painting world have changed though in the past 7 years. Add to that the creation of Pinterest and the never-ending inspiration it provides, it seems like everybody and their brother is now trying their hand at furniture-flipping! Before you can sell a piece of furniture, you have to buy one. But the prices to buy and the prices to sell can vary depending on where you live. Your local supply and demand needs to determine what you pay for a piece to re-do. After being in my area for five years now, I know what I can sell a dresser, chest of drawers, and dining set for. I also have a maximum price that I will spend on any of those pieces. Here in suburban Texas, our local supply of old furniture is pretty thin, so my max prices may be higher than what you might be able to pay. This post contains links to sites outside of LostandFoundDecor. All product links are provided for your convenience and comply with all affiliate program rules and regulations. There are loads of products out there though being sold by furniture paint providers which I have not purchased, simply because I find them unnecessary. So I will gladly spend the money for the paint, but I do not always buy the accessory paint brushes, wax brushes, stencils, buffing pads, pearl paint, tiny little mixers, plastic lid covers with spouts, etc.
As your business grows and you have greater capital, you can purchase some of those things later that you find fun or helpful. As my business has grown over the years, I have purchased more of those accessory products and really enjoy using many of them.
Edit or proofread. By using our site, you agree to our cookie policy. For simple furniture flipping jobs, some sanding equipment and a tin of paint are all that is really need — and a piece of furniture of course! For instance, apps like GigWalk and Task Rabbit help you connect with people looking for someone to do odd jobs for them. You can try a freelancing type job. To generate revenue, post ads on your site, include paid content, or sell subscriptions that allow access to more content. If you disappoint a client, you may lose a lot of business.
How Can Furniture Flipping Be So Profitable?
Yes No. Related wikiHows. By using this service, some information may be shared with YouTube. Whenever I buy anything online I go to TopCashback first and click through to the website via Topcashback, which triggers a payment. To increase your sales, set up a booth at local events, festivals, and gatherings to sell your products. You can animal sit, give them baths working at your local animal shelter, or even just walking them for neighbors and friends!
How to Make Money by Flipping Furniture
The truth is, the best way to get that gently-worn look into your furniture is to do it yourself by refurbishing old pieces. Not only is refurbishing furniture a great way to breathe new life into old pieces yay eco-friendly! Furniture flipping is the process of taking old furniture, making it look great again and selling it for a profit.
It may sound like a pipe-dream but, done right, furniture flipping can actually be an extremely lucrative side hustle. I never made more than a few thousand dollars. They even created a super affordable course on how to duplicate their success called Flipper University. Furniture flipping can encompass anything from woodworking to metalworking and everything in.
Some of the most popular furniture flipping tasks include:. For some, the idea of any sort of DIY can be daunting, but the skills required to flip furniture are actually very simple. The amount is completely up to you and your skills. The lower figure is for hobbyist and the higher figure comes from the local furniture sellers that pull their numbers from marketing on Craigslist or other online platforms.
Local small businesses around us buy and source their furniture for free often from Craigslist and spruce them up, breathe in new life, and sell it again on the same platforms for much.
Some resellers focus on only armchairs and sofas but some resellers do it all, even commissioned furniture projects. The downside is that people can be flaking and they will low ball you for a dollar off. But flipping furniture is where easy and fun money can be made using your creative talents. I highly recommend Furniture Flipper University if you want to take this hobby full-time. The investment for the cost of the course makes up for the upside most definitely. For simple furniture flipping jobs, some sanding equipment and a tin of paint are all that is really need — and a piece of furniture of course!
Here is a small list of places besides flea markets and local thrift stores most recommended to get you started! Donation and furniture thrift store chain from Habitat for Humanity selling used furniture, home goods, building materials and more at a discount. Shoppers at Restore put profits back into helping local communities and other communities around the world. You can get the location hot spots of any garage sale spot near you or host a garage sale by advertising yourself on Garage Sale Finder easily.
Garage Sale Finder has over a million subscribers so you can find the best sales. Craiglist is a goldmine for declutters. We have listed furniture items on Craigslist multiple times and we have accepted discount haggled prices from prospective buyers.
One of the best things about Facebook is an ability to reach out to your immediate community of neighbors. Every local group has different level of activity, our local Facebook group in North Seattle, Washington is lively and a gold mine for great grabs. What is critical here is really your time and profit. The first thing you will want to do is find the right item of furniture and secure it for a good price. Using the right tools and applying the right technique which you can get help with on YouTube will help you to ensure that you make a profit.
For most flipping projects, the existing paint will need to be removed from the furniture before a new coat can be applied. There are different types of paint strippers available depending on the type of paint, so make sure you purchase the right one when you go to the hardware store.
Sanding is also an essential part of any upcycling process. It will help you to achieve a great paint finish and is also useful in creating that worn look that is so popular right. For smaller projects, sandpaper may be sufficient, but power sanders are also really useful, especially for large items. Once your furniture is stripped and sanded, you will then move on to creating a stylish and marketable finish.
Whatever your choice of design is, you will definitely need stains or paints and, of course, a brush to apply them. They are basically small pyramid-shaped stands that can hold up the item with minimal contact whilst you paint, allowing you to access all corners and edges with ease.
Selling the how to make money doing up old furniture for the right price is probably the most important step in the process. Below is a list of some of the other best places to sell your furniture :.
You can also use these sites to source old pieces for flipping. Are you ambitious and niche enough? If you are, a well prepped e-store could mean bulls eye. A really good example of this is The Good Mod, they are an amazing web-based furniture store based out of Portland that specializes in mid-century era furnitures.
Vintage markets can be extremely good places to make a profit on furniture — the other thing? Vintage e-Stores! It depends on your local market but with an e-Store, the entire world is your customer base. A favorite for selling locally. OfferUp requires identification, phone number, and TrueYou verification system from all users. There are no fees. App is very user-friendly. You can leave reviews after a sale or transaction.
Harbors a community feel. E-commerce platforms like eBay and Etsy are also great places to list your items. Etsy, in particular, is a hub for handcrafted and vintage items. Upcycled and second-hand items can pull a great profit. Pretty much the exact concept as OfferUp but a little less known compare to OfferUp.
Shipping on LetGo is an option too and there are no fees. Everybody on VarageSale has to be confirmed and identified so safety is a high priority. If you are nervous about meeting online and selling then VarageSale would be a great fit. VS vet highly for safety. You can sell anything locally including any range of clothes. Work on copywriting skills and draft up a descriptive sales ad including measurements and materials.
Niche down to a specific era, aesthetic, and style so when people are looking over your furniture, they will find even more of their interest in other pieces of your designs. If you agree to a small amount off, you will definitely make the sale and the customer will be happy.
Find room to store your furniture. Recycling furniture for the benefit of the planet and your pocketbook will leave you feeling more than inspired. The rest is up to you. Here are some amazing flip examples to get you inspired! Table of Contents.
Thrift Store Rescue #8 / Mid Century Furniture Restoration
Then even more of your precious time refinishing it and perfecting the final look. You post a listing, but the dresser sits and waits… weeks pass and you get nibbles but no serious inquiries. What gives?? How can you sell refinished furniture more quickly, for the price you deserve? Not starting with a quality piece. Look for pieces that are made from real wood and have the most potential to turn a profit. Bonus: Want my printable cheat sheet for what types of furniture are the best to buy for flipping and what to avoid? Click Here.
fitnancials
Bad staging. Invest in some simple inexpensive props like hardcover books, empty frames, vases and flowers, classic artwork. Also, be careful of colors used in staging — use compliments and not distractions. If your piece is neutral, add a pop of color with flowers in a vase. Stage the piece to give potential buyers an idea of how they could use it in their own homes. Want to learn more about selling refinished furniture for profit? Bad photography. Beautiful, scroll-stopping photos will help you sell refinished furniture. The number 1 problem most people have with photography is usually lighting. You want to avoid shadows or harsh brightness.
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