Reselling Craigslist Freebies is a Super Simple Way to Make Money

People are always asking me how I make money on Craigslist. The following 5 points are often mixed into my answers to them. The more expensive the item was new, the more room there is for profit.

The key here is patience. It might take a day, it might take 2 weeks, or 2 months. For example, you can buy air conditioners for almost nothing in the winter, and if you are willing to store them in your garage or shed, triple or quadruple your money during a heat wave in the summer. Supply of air conditioners in the summer is greatly reduced and heat brings greater demand. So those that use foresight and stock up when demand is low, will reap the benefits when demand spikes.

The same goes for other products. A product is worth the price someone is willing to pay for it. Much depends on the items you are selling, as someone holding out for top dollar on a motor home versus a coffee maker have much different amounts at stake. The balance is yours to wrestle with. Make money by delivering products Delivery of products is of great value to people for a few reasons:. Take appliances for example. The same goes for furniture. Thus you having the means to transport these large and heavy items is a valuable service for which people are willing to pay.

Time is very valuable to some people. Keep the consumer in mind when you are thinking about what to do. The more value you add, the more money you will make. Fix a broken appliance, fix a car, fix a bike, repair broken furniture, restore a computer or fix a television. The possibilities are endless. Take a niche or area that you love, find products that people are throwing away, or selling for very cheap because there is something wrong with them, and fix them.

Fixing items can be labor intensive and can take a lot of hard work and time, but like I will explain next, this often times is a very good thing. Make money by looking for thorns. The more thorns there are around a product or service, the less competition there is going to be, and the easier it will be to make money.

For products, find the heaviest, dirtiest products you can find and get to work on them. You can often find items dirt cheap just because they need a deep cleaning. Contract with someone to help you move really heavy items. Invest in a trailer with a ramp, nice hand trucks or a lift gate for a truck. Make money by doing something. Children learn to walk by taking little steps, falling down and getting back up again.

You only have to take one step at a time, and small steps are ok. Failure always precedes successes. Those were 5 ways to make money on Craigslist, the following post breaks down the 10 Best Things to Buy and Sell on Craigslist. Great article Ryan, thanks for sharing your insight. Will do, especially with tax season coming up! In short though, I keep records of everything I buy and sell, expenses etc. Ryan — do people have to pay state sales tax to you since you are a buiness?

If not, how is that avoided? There is no sales tax in Oregon. If someone is operating as a business in a state that collects sales tax, then they would be required to pay the same as every other business. Each state is different. I would recommend checking with a tax adviser on the issue. May I ask how much you usually charge for delivery?

But delivery took a full hour and think I may have cut myself short…. I charge more for washing machines than dryers because they are a lot more work moving around and hooking up.

Much of it depends on how much profit there is in the item. For higher profit item I will charge a little less.

I will also ask where the appliance is going once I get it there and what the access is. At that point, I will determine delivery cost on the spot and they will decide if they want to pay it or not. There is a balance that you have to wrestle with when trying to get rid of a slow moving item, and like you said, delivery really can help speed it up.

Some people like that, 60 second binary options system review demo account no deposit want to know the exact price before they call. Hope that helps a bit. Ive been doing business on craigslist for a while but it was never very aggressive.

I would buy low, use the item for a while and them sell and make a few bucks. Ive flipped a few houses and cars over the yrs,but the smaller stuff is a lot of fun and quicker. After finding this site I decided to start documenting transactions.

So far so good. Keep the articles coming. How about your experience with antiques? Hey thanks for graphic binary options for mt4 platform note. They sell well, especially the more expensive hard to find items. I just wanted to let you know I realy injoy your articles.

Your info has been a great help. Right now I am starting to part out SUV,s and maybe motorcycles next. I am also selling other misc things I have collected over the years. What kind of book are you writing? Well thanks again and keep up the great job. Hey Tom, thanks for the note. Feel free to shoot me a line anytime, or let me know of any suggestions for topics to write on.

I just wrote a post on it. Let me know if you have any other questions! The biggest thing is knowing when the main car by owner pages refresh and being the first to contact the sellers.

The refresh time is about 10 min and 2 seconds or so. I do have a question that surprisingly has not been asked on your informative website. The number of email inquiries dte applyforexam interested buyers who do not buy. It does not bother me because it is expected, but cannot imagine taking the risk of driving to the buyers home to sell. I have a question. I would think that you often pack up an appliance, drive it across town, take it off the trailer, and find out the customer does not have enough money or decides not to purchase.

Most people avoid awkward situations like the plague, and backing out of a purchase after someone has driven across town is tremendously awkward. I buy and sell stuff fairly often and am wanting to do it as a business model now.

Figuring gas and such. Now if you were selling cars or other really big ticket items, it could be a lot higher. Also, what the competition like out there? Are there a lot of people how to make money on stock market gta online this?

I live in a Bend with a population of about 80, people. If there is money to be made there will always be competition. Get competitive about it. Someone beat you to an item, get quicker. Nothing drives me to work harder like someone beating me to an item. To give you an idea of how much competition there is for the free items here in Portland for example.

So he got 92 emails very quickly. By my estimate there are probably people at all times sitting on just the free section in Portland. Ya the free section is pretty swamped in Bend too. The Appliance, cars, appliance, and electronics has a fair amount of how to make money selling things on craigslist as well. I sell some of the smaller stuff on eBay, especially the items that stock market graph msn ticker really easy to ship or that I can get more for.

I prefer selling on Craigslist as you can ensure the condition of the item to the buyer and be done with it forever.

If you have an older dryer just put it up on the higher end of the price range. After you sell a handful of older appliances you begin to learn what people are willing to pay in your area.

Anyway, I just wanted to say thanks for the blog posts. So, keep up the good work and keep posting! Will do and thanks! If you open an account at an appliance parts place you can get those replacement drip pans really cheap. Thanks for sharing your story! It turns me off when people gloat on about thier grandious business plans.

I am trying to find an area to specialize in right now it drifts between cars and small appliances…. I live in an area of the US with a big tradition of outdoor grilling plus I live close to a middle wealthy area big expensive houses but not in gated communities.

I am able easily source used propane grills being thrown out which I resell after cleaning the units and replacing rusted out burner tubes with generic replacements. I wanted to start making a little money on the side, and I have a couple suppliers in the car audio business. All my stuff is brand new with manufactures warranties. I think this is why I feel like I have an edge, because most people are selling used stuff with no warranties. What do you think?

You will probably know pretty quickly if there is a market for them. I live in japan and want to make more money online, any tips, great post too bro, keep up the good work! Teaching people online through consulting, a blog, courses, online education sites like Udemy.

So ask yourself what you know that other people would like to know and start teaching them. The money will follow in time if you are persistent. I just prayed about how to make money on craigslist and found you. Are you still giving tips. I like the part of getting free things and reselling them. I live in twin cities, hope I can try this out. Need supplement to retirement, a semi retired counselor.

Would you be able to post something about the common damages found on appliances and possibly even links that show how easy it might be to fix it? Do you use the Wanted section of Craigslist to seek out what the consumer already wants, and then buy the item to resell it to them?

I encourage people to buy items that they know they can make a profit on, especially if they are able to add value to the item before reselling it. So buy what you know will be profitable. I usually stay away from the wanted section as it tends to be too labor intensive. I charged a flat fee. Home General Motivation Stories How-to Lifestyle Buying Guides. Log into your account. Home General 5 Ways to Make Money on Craigslist.

Make money by delivering products Delivery of products is of great value to people for a few reasons: Previous article 3 Words I Wish Everyone Could Hear. I'm passionate about online education, helping people learn the trades, start businesses and achieve success.

How to Achieve Success Without a College Degree. They Used To Last 50 Years. The Things We Used To Love. Tom Hess PuyallupWa. Keep in touch, Ryan. Just curious if you will be writing anytime soon?

How to Make Money on Craigslist and 5 Business Ideas

Hope all is well. Ryan Can you tell me a little about buying used cars on Craigslist I want to know how I can get a leg up on other buyers Thanks Mark. What kind of agreement do you have with potential buyers? Hi, I buy and sell stuff fairly often and am wanting to do it as a business model now. How do you determine the value of older appliances? I am trying to find an area to specialize in right now it drifts between cars and small appliances… Cheers, Nice article… Mike, From BC Canada.

Great article, we started a successful business using craigslist. Awesome, glad you found the site! Give it a go!

10 Tips for Selling Stuff on Craigslist - LifeEdited

Hello ryan, Would you be able to post something about the common damages found on appliances and possibly even links that show how easy it might be to fix it? Thanks for the suggestion! LEAVE A REPLY Cancel reply. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file.

If you enjoy the content here, let's stay in touch. My name is Ryan Finlay. I also occasionally write about being wise with your money, raising kids and living a balanced life, among many other things. I've got a pretty crazy story of how I got to where I am today. ReCraigslist in the Press. Follow us on Instagram ryan.