If you’re looking to
make some extra money and have a little bit of crafty know-how, then chances
are you have found yourself looking into flipping furniture. You could be
making $200 or even $1,000 or more doing just a little bit of work a few nights or
weekends. Flipping furniture is a great way to make money and a great side
hustle to start. Here is a flipper’s guide to making money reselling furniture.
The Flipper's Guide to Making Money Reselling Furniture
What are good pieces of furniture to flip?
The best pieces to flip are going to be older furniture pieces and have a lot of character or imperfections to them. For example, it could be an old dresser, side table, or any other piece of furniture. You want to find quality pieces and show signs of normal wear and tear but are going to be refurbished and then sold for less than your investment. When you’re just starting out, look for pieces that need something simple like a coat of paint or a little oil refinish to get your foot in the door. Ones that won't cost you too much out of pocket.
Do a search on what is selling on your local Facebook Marketplace or Craigslist. Shipping furniture is expensive and I wouldn't recommend it, so make sure you are looking at the local offerings to know what is selling in your area. This will often vary regionally. In the greater Seattle area, people are loving boho rattan furniture and mid-century modern pieces, but in your area, they may be loving the farmhouse or more traditional styles.
Where do I find furniture to flip?
When it comes to
flipping furniture, you will need to find that furniture. You can find
furniture pieces from stores or even the side of the road! Here are some great
places to find furniture for flipping.
● Dumps
● Side of the road
● Garage sales
● Thrift shops
● Craigslist
● Facebook Marketplace
● Join a local Buy Nothing Group
● Friends and Family
My favorite place to buy furniture to flip is at garage sales. I feel like I can make the most profit. Here are some tips on how to negotiate at a garage sale to save you even more money!
Don't miss this post for money-making tips buying and selling used and making a profit!
Where should I sell my flipping furniture pieces?
If you are looking to
flip furniture, one of the most important parts is selling those pieces.
Without this important step, you are just collecting furniture in need of
repair. There are many different options each with its own unique strengths and
weaknesses, but here are a few options to get you started.
Facebook Marketplace
This is a great place to
start if you are looking for a place to sell without fees. Items tend to go
fast on Facebook, so this is a good option if you’re looking for a quick sale.
Here are some more tips on buying and selling on Facebook
Craigslist
The tried and true place
is Craigslist. When it comes to listing items, you can fill everything out in
under 6 minutes. In addition, you can have anonymous email addresses and other
contact information, making this great if you don’t want to share any personal
information.
Antique Stores/Thrift Shops
If you are looking to
make this into a business, you could partner with your local stores! Many of
them allow you to have items for sale in their shops and then give you a cut of
the profit! This is great if you don’t have a lot of space in your home or don’t
want to deal with the selling process.
Selling at an antique store or thrift store is often on consignment. To learn more about making money selling on consignment, check out this post.
Yard Sales
If you have a lot of furniture pieces, you can hold a yard sale to get those items out in addition to any other clutter you might be holding on to. However, the profit margin will probably be a little slimmer because people expect to pay less at a yard sale and you have a less targeted audience than you would if you were selling on an online platform.
Want more tips?
Here are 10 Expert Tips for Selling Used Online
My Best Tips for the Garage Sale First-Timer
Whether you’re flipping
kitchen tables or dressers, you can turn just about any piece of furniture into
a side hustle for your family and bring in some extra cash! You'll be hooked in no time!
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