Sold Cracked iPhone 4S!

This one took weeks to sell and I had no luck on Craigslist; I had to resort to eBay. My advice would be to sell decent conditioned electronics on Craigslist and sell your flawed/broken electronics on eBay. The reason for this is because your narrowing your market when you sell a broken electronic; not everybody wants to to buy a device that they would have to fix. So, advertising on eBay would be the best bet because you have a wider pool of buyers than on Craigslist. Anyways, I sold the cracked iPhone 4S for $250. Little did I know that any item $250 and up you will need to ship with signature confirmation as required by eBay. It cost an additional $2.95 for me to add signature confirmation, when I could've just sold it the item for $249.99 and save $2.94. Here's my profit:


$250 (sold for)
- $50 (bought for)
-$18 (eBay fees)
-$7.55 (PayPal fees)
-$9.85 (Shipping)
= $164.60 Profit

Sold Last Nike Roshe

I sold my last pair of Nike Roshe. I bought it a few months ago for a really good price. Check out the post here. I bought two pairs for $40 each. I sold the first one for $95 and I finally sold my last pair for $108 via eBay.


$108
-$9.48 eBay fee
-$3.43 PayPal fee
-$8.75 Shipping
-$40.00 Cost of item
= $46.34 Profit

Update

Sorry, I have been very inactive with this blog, but it's because I haven't been flipping much as of lately. I've been really getting into stocks and day trading. I've been doing it for a little over 2 months and the results are much greater than flipping on Craigslist/eBay and in a much shorter time. But I do want to get back into flipping(Why not? It's extra cash).

My next flip that I want to attempt is to sell my 2011 Macbook Air for enough money to buy the 2012 Macbook Air. I know that a newer model is coming out soon, so I really want to get rid of my 2011 before it depreciates as much as it already has. Actually, they retain their value pretty well as with more recent Apple products. I'll keep you guys updated. I'm currently looking for a cheap 2012 Macbook Air (~$800-900).

Also, I'm thinking about creating another website and displaying how I make money outside of work, through websites, stocks, flipping, referral programs, etc. But I'm still thinking about it.


UPDATE: The new MBA is out and the 12 hour battery life is really enticing. I might have to settle for that instead...

iPhone 4 Sold!

I bought a broken iPhone 4 as part of a three phone deal a few weeks ago. I finally sold it on Craigslist for $110. My original asking price was $120. I'm satisfied with the result. I find that broken phones are much harder to sell, so unless I get them for insanely cheap price (like I did before), I will not buy it.

Sold for: $110
Bought it for: $50
Profit: $60

Samsung Galaxy S2 Bought & Sold!

So my friend had a perfect condition Galaxy S2 that he wanted to sell for $200 (this is after the S4 came out). You can probably get one for like $175-200 on eBay. Seeing that he was in need of money, I bought from him for $200 (good friend). I posted the phone about two days ago for $250 on Craigslist. I had a few people contacting me. Today I sold it for $240.. I was really hesitant about knocking down the price, but this guy from very persistant (trust me! I usually won't budge). But in the end, I helped a friend out and made an easy $40.

Paid $200 for S2.

Sold for $240.

Profit = $40

Using Craigslist to Upgrade your Electronics

I would like to share that you can also use Craigslist to upgrade your electronics. My plan was to get rid of my first gen iPad (it's super bulky) and buy an used iPad using the money I got from the first gen iPad. The idea is simple, sell the old electronic for as much as possible and buy the newer electronic for as low as possible, and hoping the two prices overlap at some point.

Back story: So I traded an iPhone 4 for a first gen iPad base model a few years ago. I bought the iPhone 4 for $200 and the first gen iPad going price was around $250+. I decided to keep the iPad for personal use.

Recently, I brought my iPad over to a friend's house and compared it to his iPad mini. I fell in love with the Mini because it was so much more portable. So I decided to see if I could sell the first gen iPad and use that money to buy an iPad Mini. I scoured Craigslist for weeks looking for the cheapest price and at the same time listed my iPad for the most expensive price I think I could sell it for ($250). $250 was not very realistic since almost all websites were selling it for much less. The lowest price I saw the Mini go for was $250 and I was too late to catch the deal.

I had to settle with the next best deal I could find; I bought an used iPad mini base model for $260 (it was in almost-new condition minus the finger prints). About a week later, I was able to sell my first gen iPad for $220 on Craigslist. So, I upgraded my first gen iPad to a iPad mini for $40. It was not my intentions to pay anything for the upgrade but I'm happy. (Oh, and I know a new iPad mini is coming out)


I know the same method can easily be done to upgrade cellphones too. Let's say you have an iPhone 4, you can easily sell that for $200 and find an iPhone 4S for that price. (Sorry for all the Apple examples; it's just that they sell like hot cakes)

This was the pristine condition iPad 1 with an otterbox case

Sold Nike Run Roshe

So a couple months ago I bought two pairs of Nike Run Roshe's. I thought I was going to sell them for a lot faster and a lot more than I did, but I finally sold one of them. I sold it through a sneaker forum for $95 via PayPal. I bought them for $40 each. So let's break down the profits.



$95 Amount Received
-3.06 PayPal fee
-7.60 Shipping
-40.00 Cost
= $44.34 Profit