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The Most Profit I Made In A Single Deal [Buying & Reselling Items]

Published on: December 22 2022 by Nick Barner

Have you ever wondered how some people make a fortune by buying and reselling items? Well, I am one of those people, and in this article, I am going to share with you the most profit I have made in a single deal buying and reselling items.

1. The Deal:

It all started when I came across a vintage guitar in a garage sale. The guitar was in perfect condition, and the seller had no idea about its actual worth. He was selling it for only $50, which was a steal. I knew that I could easily resell it for at least $1000.

2. The Resell:

Without wasting any time, I bought the guitar and listed it on an online marketplace. I received several offers within hours, and the highest bid was $1500. I couldn't believe my luck. I accepted the offer, and within a week, I had made a profit of $1450.

3. The Lesson:

This deal taught me that there is a huge market for vintage items, and people are willing to pay top dollar for them. It also taught me the importance of doing proper research before buying and reselling items. If I had not known the actual worth of the guitar, I would have missed out on a huge profit.

In conclusion, buying and reselling items can be a lucrative business if done right. With the right research and knowledge, you can make a fortune in a single deal. So, the next time you come across a vintage item, do your research and make the most profit out of it.

The Most Profit I Made In A Single Deal [Buying & Reselling Items]

In this video, the author discusses their biggest profit ever from flipping items. They found a deal on Facebook marketplace for two iPhone 11 Pro Maxes at a price that was too good to pass up. After verifying the phones were clean and ready to use, they sold them on Facebook marketplace for a profit of $825.

Finding the Deal:

The author had been searching for good deals on offer up but wasn't finding anything worthwhile. They decided to try Facebook marketplace and stumbled upon the deal for the two iPhones. After confirming the price was for both phones, they negotiated a bit to bring the price down even further.

Verifying the Phones:

Phones can be tricky to flip due to their personal backgrounds, but the author made sure to check both phones' backgrounds to ensure they were clean and ready to use. They used a few different websites to do free background checks on the phones.

Selling the Phones:

The author sold the phones on Facebook marketplace and was able to find interested buyers fairly quickly. One phone sold for $825, and the other sold for $700. Even with leaving some profit on the table, the author made a total profit of $825 off this deal.

Tracking Profits:

The author uses an Excel sheet to track their profits from flipping items. They include formulas to make inputting data quicker and smoother. The sheet tracks what the item is, how much was bought and sold for, where it was bought and sold, and any shipping expenses.

The author has made nearly $7,000 in profit in 2019 and is currently at $5,300 for 2020. They set a goal to make $10,000 in 2020 and are nearly 54% of the way there. Despite setbacks due to COVID-19, the author plans to keep pushing forward towards their goal.

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