Do they keep a percentage? There are several popular flipping television shows that show real people flipping items for cash. Produce quality products and use quality supplies. Your time also includes: cleaning the piece, hunting for the piece, repairing it if needed, buying new hardware if needed, sanding, staining, hauling, photographing it up to sell, etc.
Four years ago (give or take) my sister decided to give this flipping furniture thing a try
You have to find the pieces, restore them in a way that attracts buyers and then sell. The reason furniture flipping can be so lucrative is because rotten-looking furniture usually sells for cheap. Sellers have trouble seeing beyond out-of-date pulls and worn stain. They get a vision of what the transformed piece will look like. Customized furniture sells for monney pretty penny in most markets.
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January 18, by Bobby Hoyt 19 Comments. Disclaimer: This post may contain affiliate links. Please read my disclosure for more information. Hey everyone! I’m soooo stoked to share this post with you.
How Can Furniture Flipping Be So Profitable?
January 18, by Bobby Hoyt 19 Comments. Disclaimer: This post may contain affiliate links. Please read my disclosure for more information.
Hey everyone! I’m soooo stoked to share this post with you. I truly believe that flipping furniture is one the most accessible side hustles out there, and is scalable enough to actually become a full-time gig.
My good friend Virginia flips full-time and is here to walk you through the basics. Every time I tell a friend or family how much I sold a piece of my furniture for they are shocked and amazed that I can make that much money doing what I do from home.
I don’t have a shop, I don’t do consignment and I hardly ever pay for advertising. All I have is a Facebook Business page and a pole barn which is a fabulous new development by the way! Prior to that, I fuentiure my mud room Although I thought it was a great idea for her, I had no interest in it. I literally can’t even draw a decent stick figure Fast forward a year or so, I painted a few pieces of furniture for a vintage themed baby shower that I threw for my sister, and imagine my surprise when I realized that not only could I paint furniture and not completely screw it up, but I really liked it a lot!
Anyone who flips furniture knows it’s not only therapeutic, but it’s addictive. You feel the greatest sense of accomplishment when you turn something ugly into something amazing. My sister and I started working together out of our own homes selling on our Facebook Business page you can check it out right here — Rustique Elegance and business has only grown from. We currently have well over 5, followers and that’s with 8 going on 9 kids between the two of us and spending at most a couple of hours a week on advertising!
This is very simple to maje and it’s FREE. Don’t be afraid of Facebook, once you figure out how it works, it’s really pretty easy to use for growing your following and selling your pieces quickly. You can see the instructions for creating a business page on Facebook. You can find furniture at garage sales, auctions, Craigslist, thrift shops, the side of the road yes, one man’s trash really is another man’s treasure!
I look for unique pieces and don’t just buy it because it’s being sold for cheap and it’s real wood. Think about make money flipping furntiure your followers are looking for in terms of style, and if you don’t know, take a poll!
Create a Facebook post mkae several different styles of furniture and ask them to vote which one they’d prefer. We also use this strategy when it comes to paint colors.
This will help you determine what will actually sell and what will sit for a long time. The best way to build trust and gain repeat customers is to consistently put out quality products that customers will love for moneh to come. We always ask the seller if the piece is real wood be prepared to have to check it over in person, some people have no clue and just say yes! That stuff is worthless. Trust me, it’s not that hard to tell if a piece is real wood or not!
We also ask if it’s from a smoke-free, pet-free home. Although it is possible to flip, I avoid smoker furniture. It’s a pain in the butt to get that smell. I’ve been known to actually get down and sniff the furniture. Better to look like a crazy person than to end up throwing furniture in the burn pile after spending days trying every product and trick to get the smell out yes, I speak from experience!
Grab this free e-book to help you get started! I started out fudntiure Annie Sloan and I still love it today. The price may seem high but I’ve been known to paint decent sized pieces with one quart of that stuff plus remember, you get what you pay for, furntlure over quantity furnfiure a great motto in the flipping furniture world. There are so many great brands to try now, the options are endless! Try flupping samples and test out different brands.
That will help you find one or two or three! Staging and photography are super important, but you don’t have to be a pro to nail this step, I promise!
Taking the time to make your pictures look professional is worth the time investment. You want to build trust and form relationships with flippung followers! They should feel like they know you. I learned how to paint from YouTube and Pinterest, and just practiced different techniques. The great thing about paint is that you can go back over it if it looks like crap! Practice makes perfect said all of our moms. Vintage Markets are a lot of fun, a good way to gain experience, and another way to get your name out.
Google them to see if there are any in your area. You can keep your delivery within a certain number of miles if you aren’t willing to travel far, or charge more and be willing to go further or offer to ship! This step is obviously optional, but I believe it’s very important. A lot of people don’t have large enough vehicles to transport furniture, so they are more than willing to pay a small fee to have it delivered to.
Make it easy for customers to view, buy, and get your furniture; no one likes a complicated transaction. Once you’ve gotten comfortable with painting and selling, you may want to offer custom work to your customers. This is actually the biggest money-maker in my opinion. Almost all your followers have furniture that they want to have refinished.
When they see what you can do to ugly old furniture, they’ll start to ask about custom. Flipping furniture is surprisingly profitable. In fact, you could make a full-time income no furnntiure if you put the time in to learn the business. Unfortunately, most Furniture Flippers don’t make great money. It’s not because they makke want to, but because they aren’t sure how! Posted in: Side Hustles. He helps other Millennials earn more through side hustles, save more through budgeting tools and apps, and pay off debt.
What can I do? I have been flipping painted furniture for 2 years and love it! I went a different route than social media and it pays. For me time is money. Waiting on people to show up to pick up things was really killing my shop time. I have never paid for the booth and everything runs it self.
I am a nut for cost. If something is slow to sell I will rotate it to another location. If you are a busy flippung paced person it is a must to have a location. This has worked very very well in managing my time painting. Providing a good price point and good quality pieces is a. I charge a fair price therefore the client knows my price point and I keep things rolling. Happy flipping! Do they keep a percentage? And, if so, what is it, average? I have an Etsy and eBay shop and sell locally as.
I started a fb business page, but how do I get more people furbtiure see it? Any help please? Hi Karen! This is Virginia from Paint-Sell-Repeat! This is such a timely article for me, thanks Bobby! I have refinished furniture for myself quite a few times, a bedroom set, coffee table, desk, etc, its definitely addicting. I have thought a few times about flipping furniture for profit but never took the leap… I could really use a good side hustle to help pay down these student loans faster!
It is fllipping great idea offering a customization to customers. They can demand what color and desin and you can demand of the price. Do you sand every piece of furniture or keep the look that is has? How would you recommend cleaning them up at a low cost way, but obviously making them look great.
Thank you! My name is Meg and my mother in law Dora and I are looking into getting started with furniture flipping. We live in a rural area where farmhouse decor and modern simplicity is incredibly in. Any tips on how to actually start? Should we stock up on furniture first before trying to refurbish and sell? Flipping does it all start it that first perfect piece?
We share a handful of acres and are within a hop skip and jump from one another, so we have lots of room to store things and plenty of space to sell .
Make Money With a Furniture Business
How Can Furniture Flipping Be So Profitable?
This is another great question that I love to talk. What is critical here is really your time and profit. The amount is completely up to you and your skills. For instance, I have a price on a nice dresser for Fidelity Vanguard vs. With that being said, I have always priced my finished pieces lower than they might get at a vintage store or a flea market. I also recommend products that I think are awesome, and some of those products may sponsor links on this site. I get calls all the time from family and friends who are getting rid of something to see if it is something I would be interested in. Your email address will not be published. If you have a website with a shop component, that is another great way to sell pieces if you are open make money flipping furntiure shipping. I started a fb business page, but how do I get more people to see it? How do I start flipping furniture? Then, post it up on as many marketplaces as you. There fli;ping so many great brands to mae now, the options are endless! Trust me, it’s not that hard to tell if a piece is real wood or not!
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