I ran to one store this morning and found a $150 lamp, $100-150 backpack, small speakers for $60 and lots of Dior and Jerry Garcia ties... $40 total. One of my best days!

@JrideFlips

Жыл бұрын

Boom! Keep it up man!

Great summary video! One video you may wish to make is how to make $50 profit (before taxes) each. The reason I suggest this is that it is easier to obtain for those juggling work and life and will give $1500 profit a month system (before tax) which covers most people basic utilities, and gas expenses. This is motivating for people as it is an easier goal with clear benefits. That system can then be scaled when possible. Anyway, just a thought.

I have been binge watching your channel and you have been so helpful and have learned so much.

This is about as close to a perfect video on what it takes to get to that $3000 a month that you will find. You can certainly research more and more on how to get there but you will return to this core blueprint. In the beginning you will probably find things around your house and storage building to list. That is indeed a great way to get started. Just understand that the things you already own were not bought with the intent to sell on eBay. This will affect your metrics to some degree but you will gain a ton of experience before you go out in the wild. Do keep some money back on what you sell for replenishing your inventory. No need to go in debt for this business. Ebay has the power to get you out of debt if done right. Think hard about your business model. I chose not to work longer than 20 hours per week. I wanted a net profit that would average $20 per item. So I had to be a little picky about what I bought to resell. (Rural Alabama) I try to find 40 items per week and list 5 items per day. This allows me to build up a draft bank. Schedule listings are now free and they are your friend. I know how much time that I put in and I have a spreadsheet that keeps up with how much I make per hour (before personal taxes). Hazards from a previous life with a high pressure job. This is a great business and Jake is laying this out for free in a well define format. Great job Jake! I think I know why you are blessed. Lots of Love from Alabama

@JrideFlips

Жыл бұрын

I always look forward to and appreciate your comments and feedback

@andrewwashere82

4 ай бұрын

I had a feeling the $100 a day was Gross and not Net. You mentioned personal taxes. I did Doordash, idk exactly how taxes work, but for DD, it was recommended to expect to pay about 20% to IRS. So if that's the same with Ebay, $100 net should be around $80.

@alabamaflip2053

4 ай бұрын

@@andrewwashere82 No KZreadr can know your exact tax bracket. There are a ton of legal deduction that you are allowed to take with an ebay business that brings your taxes down rather fast and well under the rule of thumb of 20%. There are roll over deductions from previous years as well as different ways to count inventory. No youtuber can begin to guess what you will do to handle the tax side of your business. Even the type of car you use comes into play as well as using the standard deduction per mile or actual cost. Create an LLC and you start to understand why all 100 US senators have Inc. at the end of their names. If you work another full time job then many people fall in the category of a business loss on paper and actually have a net positive tax gain because of their eBay business. This can result into a tax refund because of taxes held from your day job. I stand by my comment. You will not find a better video on making $100 per day on eBay than this one. And I will add if you find a good CPA with knowledge of online sales then you will be shown how to keep most it year after year. I have never paid anything close to 20% in federal and state tax combined and I have made far more than $3000 per month.

Thank you so much for sharing your talent with us. Your a great speaker, I love the way you explain things!! Thanks 4 being you Jared❤ cheers

Excellent summary, well explained & simply put. Thank you ☺

This was the most helpful video Ive ever watched on this topic! Thank You!

One of the most helpful teachers on KZread. Thank you.

On another note - Have subbed and have been watching you since you appeared on the KZread! Awesome info, valuable tidbits, and enjoyable to watch! Keep it up and you will definitely continue to skyrocket! You’re gonna be famous! LOL

Love your videos, so informative and very helpful! I’m a eBay seller and have some things down but have a lot to learn to grow it. Thanks!

@JrideFlips

Жыл бұрын

You are so welcome! Keep it up!

Love love your videos. You’re so honest I love it.

This is the best eBay content I've seen so far. I'm saving your video as a reference. Thank you!!!

@JrideFlips

Жыл бұрын

Awesome, thank you! I’ll keep content like this coming!

This is my 3rd video of yours…. Where have you been. What I love the most is that you don’t specify just one criteria you show a genre of items and explain them very well. You rock I wish I would have found you a year ago. Thank you thank you thank you ,keep the videos coming sunshine.🎉❤

@JrideFlips

Жыл бұрын

I’ve only been around a few weeks

Higher phone is generally a much better angle.

@julierussell5773

10 ай бұрын

Yep. A shot focusing on the crotch area is not very appealingng

So glad I found your channel! I'm starting up selling on eBay again after many years away from it. I'm wondering how you get 10% fees? Is that if you pay for a store? I've made a ton of sales in my first week back but the 20%+ fees are killing me!!

Hi! Your channel is great! Thanks! I subbed a few weeks ago. So my question is do you use promoted listings? Can you explain why or why not and what level you use? Thanks again!

Great video, I love the content on your channel. I would love to see a video on what golf clubs are BOLO. I came across a mom/pop thrift out in the country and they had a ton of them. I just don’t know what to look for. And to add to that, how to package and ship them. Thank you for your time and valuable information.

Thanks again for sharing this video

Thanks Jake. Great video.

@JrideFlips

Жыл бұрын

Glad you liked it!

I like seeing your what sold and thrift/sourcing videos

@JrideFlips

Жыл бұрын

That’s for the input! I enjoy making those videos!

Love your vids bro, always straight to the quality content

@JrideFlips

Жыл бұрын

I appreciate it man

@BorisBidjanSaberi11

Жыл бұрын

@@JrideFlips I remember you saying to offer 60 day returns.. do you do free shipping on returns too or not? Thanks man

@JrideFlips

Жыл бұрын

@@BorisBidjanSaberi11 I do 30 day free returns not 60

@BorisBidjanSaberi11

Жыл бұрын

@@JrideFlips ahh thanks my man. About to start fixing a lot of listings

Excellent video. I learned a lot! Thank you.

@JrideFlips

Жыл бұрын

Glad it was helpful!

@happycowgirl32

Жыл бұрын

@@JrideFlips One question: Do you wash / dry clean all of your clothing before you sell them on eBay?

I liked the breakdown numbers, interesting

Hi o love you desire to share what you know. So incredibly helpful. I have only enough room to hold maybe 300 items unless they are small. Am now watching remotes and sunglasses!! 😊

So, if I understand this correctly, if I want to sell 10 items per day with a 1% sell through rate, I have to source 1000 items to begin with. For example, if I'm brand new to selling and my store has no items yet, I have to get to 1000 items before I sell 10 at 1% rate. Then, the next day, I have 990 items left so I only have to source 10 to get back up to 1000 and sell another 10. On average.

@JrideFlips

Жыл бұрын

Yeah but I don’t recommend buying nor listing 1000 in a day. This is something to build up to over time

Thanks for this great info! I'd like to learn more about FEEDBACK, seller and buyer. I purchase items on ebay and sell. The back and forth is a bit confusing. Do I always have to write something?

Quick math means you’re crushing it ! Good stuff man

Very well Explained!

@JrideFlips

Жыл бұрын

Glad it was helpful!

Another great video!!!

@JrideFlips

Жыл бұрын

Thanks for the super chat the other day we got our puppy scout a treat with it because scout is in your name lol😊

AWESOME!!!! Thank you!

Thank you for taking the time to break down the numbers. I am a new subscriber. I am currently working 2 jobs right now so it is tough for me to be able to list every day my goal is to be able to do eBay full-time and quit my 2 jobs.

@AlexButler-ry3hj

25 күн бұрын

A better goal is doing ebay to drop 1 job, once you get to that point you can work on the final one.

@zeric3000

24 күн бұрын

@@AlexButler-ry3hj This message was 11 months ago. To update you on my current status, I am currently working one job right now part-time. I am listing consistently on eBay which makes a big difference. Now my eBay sales are coming in consistently!

Hey Jake, I really enjoy your channel and the videos that you share. I sell a little of everything with an emphasis on vintage electronics and sometimes a modern component as well. I like to make a video of the electronics I sell so that people can see the item working, or to show any issues, like I sold a Marantz cassette deck as not working and made a video to show anyone who knew how to fix it what the issue was. I have gotten pretty good at making a quick one minute video in one take. There is time in uploading and such, however I feel like this might help set me apart as I don't see many sellers doing this. My question is, when you sell a VCR or DVD or car stereo deck, do you always test them, how do you test a car deck, do you ever make videos showing items working? Thanks again! Erik

Great video

That Awesome cleaner is actually awesome lol It cleans stuff real good, the only thing I would say though is to get your own spray bottles and the refill bottles, the spray bottle ones fall apart

bro turned $1 into $31 profit!! you're REALLY good at reselling!!

@JrideFlips

Жыл бұрын

Lol I do what I can

Thanks, Jake for a great video... I wish you had gone slightly more into detail on your storage/sku system.

great channel! 👍👍👍👍👍👍

@JrideFlips

Жыл бұрын

Glad you like the content!

Hey Jake! I’ve been watching you for about a month now first time commenting. Have you made a Vegas specific video before? I live in LV myself and I’m curious about the spots you like to hit for resourcing

The sell through for the clothing is on the lower side is that ok to pick up because you don’t mind holding it for a while?

Double RL for 5 dollars ❤🔥 still on my bucket list

@JrideFlips

Жыл бұрын

Think about yellow cars, see yellow cars. You’ll find it if you keep looking for it!

Do you wash the used clothes? How do you order supplies from ebay?

Hello J, The prior view with the higher camera angle = MUCH better than your adjustment to a lower angle!

@JrideFlips

Жыл бұрын

Thank you sir!

Glad I found your channel. Love the transparency of the channel.

@JrideFlips

10 ай бұрын

I appreciate that!

Hi Njride Thank you very much for your videos. I discoverd you lately about a month ago or two months ago. I found you as agreat knowladgeable teacher. Again thNk you very much for sharing your knowlade with the Ebay comunity. Sincery yours Haim.E

Any good ideas to get goods if your thrift stores are not that great? Thanks, Susan :)

Do you have advice for keeping track of all the numbers that you wrote out on the white board or does the seller hub help with that? My son and I are just starting and the organization of the numbers is one area that I really don’t know much about. Thank you for your help!

The black label RRL,One Star. Goes for good money $50++

What sku system do you recommend for beginners?

Shout-out to a KZreadr that flips who actually shows their TRUE profit by subtracting their taxes, eBay fees, shipping cost if they offer free shipping and the cost of the goods.

@JrideFlips

Жыл бұрын

I appreciate that!

I was making 100 a day not now thanks great idea for a video

Yoo!! The last double RR I picked up sold for $175. I don't think I've seen any go less than 75. Nice pick up. I think other sellers mistake it for rock republic 😂 I assume that because I did for a split second.

@KirstenLikes

Жыл бұрын

I was getting ready to comment about this. Double RR is amazing!

Let’s say that Sony vhs/dvd player doesn’t work, are there any parts worth taking off to sell individually? I’ve always liked easy to ship items so I’m very interested in parting items.

@JrideFlips

Жыл бұрын

It’s worth $30 plus shipping broken so I’d sell it like that

Do you always pop the lens out if they are prescription? I heard you speak about sell as “lens only”

Are you typically buying used or new shirts from thrift stores? Serious question.

When I send offers on my ebay items, it seems I can't go into that listing and edit it at all until the offer time expires. That makes sense but in some of my listings, for certain reasons, I don't want to be unable to edit them. Just a bit of info. Am I correct about the temp lock on editing when offers are sent? You're doing great! Thank you b

@JrideFlips

Жыл бұрын

Yes you cant edit items that have pending offers

Quick question on the Sony DVD player even though you spent $5 are you able to sell for parts?

@JrideFlips

Жыл бұрын

Yes around $20 to $30 plus shipping

How do you pay employee for shipping? Per hour or per shipping? Or..?

Thanks so much for your videos! What is the purpose of an Ebay store as opposed to just listing with the 250 per month free? Tx

@DavidBrown-qd6bu

Жыл бұрын

With a store you pay lower eBay fees per item

@lozzieburger

Жыл бұрын

Lower fees, but you pay a monthly fee to have the store. I personally don't have enough items for sale to make it worth it right now. But if you have a store you can run markdown sales and also do special coupons.

Love your self employed work ethic. Lots of good info...tfs

@JrideFlips

Жыл бұрын

Thank you so much 🤗

Do you use the eBay promoted listings?

@JrideFlips

11 ай бұрын

Yes at 2.6%

Thanks

Are you taking out seller paid tax or is that what you take out to pay taxes? Also, did the buyer pay shipping or was it free shipping? Is that why you are deducting shipping?

@Robin-gf7bd

Жыл бұрын

That’s what I was wondering.

How do you do combine shipping

How does the tax thing work??

I have 3500 items in my shop, I did have a great sourcing week this week, I listed 5 items a day and rebooted with the resell similar trick all week long, 150 items a day and my sales on Saturday were $165 CND net. I did all that in about 20 hours that I put in this week. I just did things a bit differently and I went to one thrift store twice this week instead of going to a few places that I don't normally find much stuff. 3 locations I go are pretty decent for sourcing and better then the rest of the locations. Those 3 thrift stores are good to go at least every 2 or 3 days too when I can. The flea markets here are hit and miss .. .sometimes I find cool stuff like I bought a collection of 60 comics for about 20 cents each on the Saturday before. If I could make at least $150 CND a day I would be able to not worry to worry about working anymore. I can't do that only putting 20 hours into it though and only having 5 to 10 hours of that for sourcing a week without having access to a car.

QUESTION: Do you do 1 day handling time or 2 day handling?

@JrideFlips

Жыл бұрын

It recommended to do 1 day. I do 2 because my post office ships items late often which results in me dropping out of top rated seller

@Recallalertnetwork111

Жыл бұрын

@@JrideFlips Thank you I do 1 day but sometimes I wonder if I should just go to 2 day handling time?

YTD 212 sales with 135 listings average. Average profit $45.58 after all fees and costs.

Thanks for sharing have a blessed day in the name of Jesus Christ.

Does Deseret have an overnight restocking crew? I usually arrive to thrift stores an hour or 2 after they open. Most thrift stores restock all day. Those people in line think they are the early bird. Most likely not the case. Garage sales and estate sales are the early bird you'd need to worry about.

@JrideFlips

10 ай бұрын

Yes this location only restocks before open and does not put new things out through out the day

I'm trying to figure out how much I need to sale a day to make $100 in profit each day I'm really trying to get my store to that point before 2024 starts. plus, I'm Drop shipping I don't have physical products.

@ 7:05 no, no the camera was not to high, it was perfect, it should always be at head level. Not to sound to promiscuous or anything but it is one thing that has bothered me about your videos, you always seem to have the camera angle low pointing up to you. From a viewer perspective, that's like as if we are on our knees looking up at you. I have actually turned off some your videos because of this.

@JrideFlips

Жыл бұрын

Thanks for the input

@MamiesMarketplace

Жыл бұрын

Totally agree. This has bothered me too.

Ralph Lauren RRL shirts should easily get you $50+.

👍

🎉🎉🎉

What about the almost 16% in IRS taxes? Take that from profit.

@JrideFlips

11 ай бұрын

That isn’t how profit is calculated

@JrideFlips

11 ай бұрын

You pay taxes on profit

@TunaManCornFoot

11 ай бұрын

Yeah but the true profit is after all fees and taxes are deducted imo. If I sell something for $100 that I got for free... 15% to eBay and 15% to the IRS leaves me with $70 profit.

@JrideFlips

11 ай бұрын

@@TunaManCornFoot okay don’t do any deduction and you’re right.

@JrideFlips

11 ай бұрын

@@TunaManCornFoot you’re only paying taxes on $85 minus shipping, minus storage, minus car miles, minus poly bags, etc so it’s much less then a true 16%

Promo sm 👌

Your Wife Might Need Health Insurance And You Want KIds? So Selling Trash On eBay You Got From Yard Sales for 5 Is Turning eBay Into Selling Trash you made money off of So A Video Of How You Get Your Bad Feedbacks removed in Hours We Need That Wisdom! Your Young But She Is Taking Half If Not All!

@JrideFlips

11 ай бұрын

We have health insurance thanks for you concern. I’ve really missed your comments

@madmax8620

Ай бұрын

Drugs much??

When You Have to Go Dumpster Diving To Make Money! Think About Tax and Fees! Take A Nap in the Dumpster and Dream About Playing Golf Making 200k Off your Hard Work You Made 40.00 and Your System Likes That! My Mom Never Made Anything for But Me! Go To Church And Be All You Need to Be But! Ebay has no Health Insurance Rven Thou You Make every nickel for them!God Has Nothing to do with this! My Mom Made 30 cents!

@JrideFlips

Жыл бұрын

Huh?

@WellnessWizdom

7 ай бұрын

Meth is a helluva drug.

@madmax8620

Ай бұрын

You must have a government job....

cool video

@JrideFlips Everyone already knows the answer to all those questions.... they are just too lazy to put in the effort to do it so they are hoping you will tell them some magic formula that doesn't exist. on a side note.... I went thru your videos for the last 10 months and I didn't see the one where you supposed to be showing how to make 10k a month... Can you respond and put a link to that one?