Thursday, May 31, 2018

Flipping Experiment #2: Storage Locker - Month #2

May 31st - Pharrell In My Mind CD
Sold for: $4.99 Fees: $1.04

Another of the CDs from the locker. Only a few dollars, but I'll take it as it is all just profit now.

May 31st - Sony Walkman

Sold for: $24.99 Fees: $3.50

Another one of the walkmans from the unit sold. 

The Numbers:
Initial Cost: $326.29 
Number of items sold in May: 15
Number of items sold overall: 14
Gross Profit for May: $319.87
Fees to eBay: $32.66
Net Profit for May: $287.21
Net Overall Profit: $73.74


May 1st - Barney Stickers
Sold for: $4.99 Fees: $1.04

The first sale from the hoarder storage locker! She had 100s of sticker sheets, but unfortunately most had been opened. I rescued the 20 or so that hadn't been opened, and most of them were vintage which is awesome. This is a set of Barney stickers from 1993. They are still sealed, and no way of knowing they came from a hoarder storage unit. I won't make a lot off each sale, but 20 stickers at $5 each will still bring me in $100, or 1/3 of the unit.

May 10th  - Tony Hawk's Underground Playstation 2
Sold for: $4.99 Fees: $1.04

My 2nd sale from the storage locker! There were a number of video games in the locker, but none from the same system and no actual systems. They all had VV price stickers on them. I guess she would just buy them when she thought they were a good deal? Anyways, this is a copy of Tony Hawk for the Playstation 2. Not a huge return, but I'll take it!

May 14 - Super Mario Bros 3 Game Boy Advance
Sold for: $9.99 Fees: $1.55

This Game Boy Advance was in the unit, although no GBA and no other games. So far I've only really sold video games from the locker, which makes sense - video games tend to sell well on the secondary market and sell quickly. Video game flipping can be difficult as it is very competitive and supply is limited, which is why I tend not to delve into it. That being said, when I get a bunch of games as part of a unit it is easy to sell and move them.

May 14 - Super Smash Bros. Melee
Sold for: $59.99 Fees: $7.57

This is one of the most desirable Gamecube games and I was thrilled when I found this in the unit. I wish there had been more Gamecube stuff, but there was just this. This is likely the most expensive item from the storage locker. I'm glad it sold quickly, and will help me recover my investment.

May 15th - 10 Disney Sweatshirts
  
   
   
 
Sold for: $70.00 Fees: $0.00

I did not keep the vast majority of the clothing found in the locker, but I did keep the Disney sweatshirts since Disney stuff is collectible and I figured I could move this easily. I sold all 10 to the same buyer locally. Was a fast sale, and made a decent profit. I could probably have made more had I tried to sell them all individually on eBay, but they would have sat for a very long time and I have given up selling clothes on eBay. I'm happy with the sale.

May 15th - Panasonic Cassette Tape Player
Sold for: $19.99 Fees: $2.46

In the unit there were a number of cassette tapes, and four portable cassette players. This one is the first to sell. Not a huge profit, but it all adds up.

February 18th - An Iron
Sold for: $20.00 Fees: $0.00

This iron was in the storage locker, and appeared new in box. The box had some wear but the iron looked good. Sold this for $20 on Facebook marketplace. A nice quick sale.

May 23rd - Grease Soundtrack Cassette Tape
Sold for: $4.99 Fees: $1.04

There were a number of cassette tapes in the locker, and although most of them were worthless, I listed a few that I thought might sell. This was one of them. Not a huge profit, but it helps!

May 24th - Guess Who DVD
Sold for: $4.99 Fees: $1.04

This brand new DVD was in the storage locker. Not something I would have purchased to resell, but I'll take the $5 gladly.

May 26th - Murder Was the Case Soundtrack Cassette Tape
Sold for: $9.99 Fees: $1.55

Another cassette tape sold, and it is pure profit!

May 26th - Chippendale's Nightshirt

Sold for: $39.99 Fees: $5.35

This is one of the few pieces of clothing I kept, besides the Disney sweatshirts, and the only one I put on eBay. It is a Chippendale's nightshirt from 1987. It is so ridiculous I figured someone may want it. The fact that it was worn by a woman who was likely a hoarder just makes this sale that much better. And, with this sale I am officially in profit on the storage locker! In under a month I made back my investment, and so the rest is pure gravy!

May 26th - The Notorious B.I.G. Life After Death Cassette Tape
Sold for: $29.99 Fees: $3.93

This was one of the more valuable cassette tapes I found in the locker. I cannot believe people still buy cassette tapes, or that they would pay $30 for one! I'll gladly take it, and this brings me within $3.22 of breaking even on the locker.

May 28th - Vintage Vinyl Simpsons Stickers
Sold for: $9.99 Fees: $1.55

These are vintage vinyl decals of the Simpsons. It is missing the Maggie sticker, but overall is in pretty good shape. I'll take $10 for that, especially when it is all profit.

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