Selling stuff is super addicting, I accidentally sold a few too many of my items last year and I had to re-buy some stuff, oops. Now I fulfill that satisfaction with stuff like eBay flipping from thrift stores lol.

@BeatTheBush

5 жыл бұрын

Nice. Have to be very careful not to get too carried away.

*sees stacks of cash from BTB selling on FB marketplace... *starts taking pics and listing everything I own on FB marketplace.

@BeatTheBush

5 жыл бұрын

LOL... the cash was actual money I received. Actually, I was only showing half.

@simpletongeek

5 жыл бұрын

@@BeatTheBush You wanna be careful there. Maybe blur your city from broadcasting.

@TuNgo

5 жыл бұрын

ONLY HALF?! I sold my house for $10, was pricing to sell. Wife is going to be pissed... 🔥

As long as you don't sell the peapod we're good

@BeatTheBush

5 жыл бұрын

You mean any stuffie?

@Staznark

5 жыл бұрын

Why does it have a shadow on it... Maybe that's foreshadowing.

@cherrytung

5 жыл бұрын

@@Staznark oh nooo....

@cherrytung

5 жыл бұрын

@@BeatTheBush the peapod in particular... that's my fav

@Staznark

5 жыл бұрын

@@cherrytung I love them all equally, though they each have their own unique traits.

I was nervous seeing T-Rex for $ale, even though it was for illustrative purposes....lol.

@BeatTheBush

5 жыл бұрын

Keeping you on your toes! XD XD

@Moskvich007

5 жыл бұрын

Really ? Are u that attached ?

@CharF

5 жыл бұрын

@@Moskvich007 yep, and I have no shame!!🤣

Thanks for your encouragement to get rid of things not being used. We all need to get rid of things and encouragement of any kind is great. I respect your opinion because you have the results and a great attitude in addition. Look forward to new videos.

@heribertoortiz7011

5 жыл бұрын

True New videos 👉

Thank you for giving this tip on Facebook Market Place. I never knew it existed and I just sold an item and received a lot more inquires then with Offer up. Will be using Facebook instead of Offer up now. Thanks again!

Good explanation of why you don't pay taxes on those private sales. It's because you lost money from when you initially purchased them and you don't pay taxes on losses.

1:14 "...And FRANKLY..." *Slaps top of Benjamin Franklin*

Love your videos--they are always interesting and informative!

Love the intro with the stack of cash! I've been selling a ton of stuff on facebook marketplace over the last few months as I've been decluttering and it's been a great source of side income for us. It's mostly stuff we've been given or collected over the years and don't use anyway.

Great message in there about how the stuff you buy doesn’t automatically dictate you lead any kind of particular life. I also love the outro music

@BeatTheBush

5 жыл бұрын

Yeah... buying the things to go with it is like an accessory not a defining thing.

Super informative! Thanks for sharing!

@BeatTheBush

5 жыл бұрын

=D

Good tip on the taking pictures in square format for Facebook. Thanks.

@BeatTheBush

5 жыл бұрын

=D

I love how you remember how much you paid for it 10 years plus ago

I had a Jornada pocket PC that I had paid $800 for. Also had a cable to connect it to cell phone and a camera attachment for photos (this was prior to color screen and camera phones) One of my first photos was taken at a Sox game and I sent it to all my friends via email “Live from Fenway”. Took me 30 mins to get it done. So while everyone was watching the game I was tinkering with this electronic gadget for 30 mins!! My friends and co workers were amazed at the email and I was a hero for a day!!

@BeatTheBush

5 жыл бұрын

Yup... those are very expensive when it was new. LOL! Emailed photo back then.

Thank you, awesome video!! 💜😉👍

Good job Francis. I've been selling on marketplace since last summer . I now have an interested buyer from my open house yesterday so I just have my sofa my bed and my dining room set to sell and I'll be able to do things I've been wanting to do for years!

@BeatTheBush

5 жыл бұрын

You don't need your bed anymore? I guess you are moving.

@castingcauldron6578

5 жыл бұрын

@@BeatTheBush that's right it's uncomfortable and I don't think I'll be staying in town I'm going to just put boxes in a car and go to Massachusetts

Did not know about the tax and profit thing actually learned something new today

Thank to you I just made my first FB market listing.... have been a follower for a few weeks love your wisdom. Want to downsize and get rid of EVERYTHING. Thank you for sharing. Blessings

@BeatTheBush

5 жыл бұрын

Nice! Once you do it once, you see how easy it is. This is great, people can buy what they need for a good discount. No shipping paid and no fees paid.

@laurapasco457

5 жыл бұрын

BeattheBush.... u r AWSOME. Will keep watching your tips. FB 🤗 HUG

@BeatTheBush

5 жыл бұрын

=D

Very informative, all of the money adds up quickly.

@BeatTheBush

5 жыл бұрын

It really does... little here and there.

This is one thing I really need to be doing. I bought things in the past with the sole intention to resell it, but I never actually put in enough effort to get rid of it. Bought a big amount of pants on sale yeeears ago for 4$ each and sold some for 10-12$ but a lot of them are still in my "storage room"

Selling what you dont need, and dont use anymore! Love it decluttering you house and make money, have you watched mariw kondo on netflix?

@BeatTheBush

5 жыл бұрын

Ehhh I watched some clips of her on KZread.

Just shows we all have stuff we don't actually need. I did the same clear out with DVD's and CD's a while back. Got around £80 (about $100) for films and music I no longer watched or listened too. Only kept a few favourites! And more importantly, I don't even miss them :-))

T. rex looks relieved

@BeatTheBush

5 жыл бұрын

=D

This is such a good idea. More people strapped for cash need to get into the selling and flipping game. Facebook market place makes this TOO EASY

@BeatTheBush

5 жыл бұрын

Yup. You saw it, took 1 min to list Trex.

@TheRainHarvester

4 жыл бұрын

Isn't craigslist just as good? Or do you get more customers on Facebook? ( The time is about the same to post on craigslist)

How did you sell them though? As in did you have to ship the item? Or did they pick it up?

I have altcoin mining hardware I've been needing to sell. Thanks for the motivation

@BeatTheBush

5 жыл бұрын

=D Just list it and lower it by 5-10% every week for your hardware.

"It weighs 3 oz., I know I weighed it" 🤣 You are awesome.

best part of this video, the funky end music

@BeatTheBush

5 жыл бұрын

=D =D

Great video, I want to look for stuff to sell now!

@BeatTheBush

5 жыл бұрын

Have to let go of some things. Start with easier stuff first.

When people claims that they did not lose money on selling items at the same price that they paid for it is only partially true. People tend to forget the incurred gas (and toll) expenses in going to buy the items. My wife gives me the look when I say it to her when she makes that claim.

@BeatTheBush

5 жыл бұрын

And depreciation and time. Even though it's true, that's a great way to end a conversation.

@AliasHSW

5 жыл бұрын

James H - it’s not a matter of being financially poor. It’s just a matter of mathematical fact. If an item is $20 and need to spend $4 in CA gas money, that amounts to 20% surcharge of the item. What is negligible would be the wear on fluids, tires, brakes, drivetrain

Getting increasingly nervous throughout the video as he lists the T-Rex! Get him off quickly.

@BeatTheBush

5 жыл бұрын

Ha ha! I took him off already. =D

Oh wow. I wasnt aware FB had a marketplace but it make sense. I will try that. Thanks.

@BeatTheBush

5 жыл бұрын

It works pretty well.

Hahahhahah Francis Bush.... love it!

@BeatTheBush

5 жыл бұрын

=D

Thank goodness you're keeping Trex

@BeatTheBush

5 жыл бұрын

Trex is one of a kind.

My heart was breaking for a min there when you listed Trex.

@BeatTheBush

5 жыл бұрын

Trex is a good sport. =D

where would you meet them to sell the items?

Board games were hot on eBay last year. I'm not sure about now. Thanks for posting this vid.

@BeatTheBush

5 жыл бұрын

Is it still not hot? Depends on the game?

Since last week.I made $640.just small stuff I had in the garage.I had 2 generators.only need 1.👍Thanks for the advice last week.my woke now really loves you.Your the man.👍

@BeatTheBush

5 жыл бұрын

The ability to carry only one of what you need really allows you to not have things sit there and depreciate. When you really do need a replacement, you can go and buy it instead. Now with that money, buy some low cost index etfs.

You need to make another video where you just elaborate on what else the stack of money could do. prop open a window or door, get pets off furniture, fan yourself etc

@BeatTheBush

5 жыл бұрын

Lol... dang it, why didn't I think of that one. =D

For the typical households a 16’ tape measure is sufficient for most situations

@BeatTheBush

5 жыл бұрын

=D Yes.

How do you complete the transaction on FB? You meet in person?

@billybob-hv5hl

5 жыл бұрын

Yes just like Craigslist

@BeatTheBush

5 жыл бұрын

You set a location and time to meet. You get paid cash and you give them the product. Meet in a public area during the day is safest.

What I don't understand: why do people bother to buy a $3 tape measure by meeting someone? It seems like a bigger hassle and uses more time/gas. It there some factor I'm missing?

How do you take a picture in "square format"?, is that iphone only?

@BeatTheBush

5 жыл бұрын

On iphone just swipe right on the camera app until it says square next to pano.

Did you have to ship these items?

Do you have to meet up in person to complete that transaction or can you ship stuff and use PayPal?

@BeatTheBush

5 жыл бұрын

This is best used as meeting up in person.

@Iquey

5 жыл бұрын

@@BeatTheBush eeeh.... I don't have a lot of Facebook friends or a car, but I like to use mercari because you decide on shipping. It might be ok if you have stuff that your local area needs though.

How do you handle shipping?

REALLY IMPORTANT: 10:58 That's what happened to me several times and I wasted quite a lot of money on things I never used. Thankfully I know this fact and I'm over it.

@BeatTheBush

5 жыл бұрын

You live you learn right? The most important is that you learned.

BtB! Thanks! This was helpful. I've been unloading some things on eBay this past year--inspired by you and your channel. I think I lost more in eBay fees than actual net loss from sales. How comparable are FaceBook MarketPlace with eBay fees? Thanks. Take care, my friend.

@BeatTheBush

5 жыл бұрын

Facebook marketplace has no fee. But people mostly expect to pay a little less for the hassle of meeting you.

@2003garyb

5 жыл бұрын

@@BeatTheBush You should list a higher price for the privilege of meeting you. ; )

Thanks for a great video. I may want to get on face book just to sell on facebook marketplace.How does it compare to Craigslist, ebay, etsy and amazon? I haven't sold anything on line and have a lot I can and should sell. Thousands of dollars worth of stuff that is just sitting a round.

@BeatTheBush

4 жыл бұрын

Craigslist tends to have a lot more flakes. Facebook at least is linked to your profile so less flaking.

Whenever I sell something the shipping cost eats most of my profits. Can you talk about how to reduce shipping cost? Thanks 🙏

@BeatTheBush

5 жыл бұрын

This this local transactions. So no shipping.

So, wondering, 🤔 do you ship this stuff in the mail, or is it like Craigslist and you meet in person somewhere, and is payment in cash or do they send it to you via messenger ap?? 👀 Thanks for the interesting video topic. 👍✅

@BeatTheBush

5 жыл бұрын

In person usually. In cash. Some wants to pay via venmo but I use that as a last resort. Some people are crazy digital only interestingly.

If we knew eachother IRL, we would be friends.

@BeatTheBush

5 жыл бұрын

=D That is good to hear! Can use more friends. =D

When you factor in your time to get the item listed and ready for sale, and ordinate the sale and then wait for people to come and pick up the stuff, do you think there is a more cost effective way to sell stuff? maybe have a yard sale or lot sale?

@BeatTheBush

5 жыл бұрын

Yard sale tend to get less traffic than digital garage sales. A good way to reduce costs to sell in terms of time is to group meeting times together.

I want that plush steak.

@BeatTheBush

5 жыл бұрын

=D I don't see it sold everywhere, it was from a tiny merchant.

How did you deliver the items sold?

@BeatTheBush

5 жыл бұрын

In person at a public meeting spot.

It's so fun to make money from things that are just hanging around!

@BeatTheBush

5 жыл бұрын

It really is. Suddenly, you have an empty spot and you cant remember what went there before! LOL!

Did you iron the cash? Hahahaha! They still all looks so neat even when you said it's wrinkled! XD

@BeatTheBush

5 жыл бұрын

I straightened them up and lined them up when I stacked them. No ironing involved.

Hurray for keeping T-Rex!

@BeatTheBush

5 жыл бұрын

=D Hurray!

Where did you meet up to do the transaction? At your place or a public area?

@BeatTheBush

5 жыл бұрын

Usually a public area during the day for maximum safety.

You pay taxes on the net profit, but you still have to report the income to the IRS (and the cost basis, etc). Same rules apply for other similar things, like rental income. And it's not just Federal, you have to pay state income taxes on your profit. Then local / county income taxes and/or business privilege / mercantile tax (if applicable) which isn't based on profit but rather on total sales. All I can say is if you are making youtube videos about selling your stuff, showing the actual items and the cash publicly in the video, and further profiting off the videos...you NEED make sure you have all of it accounted for on the back end

Porsche, called it.

@BeatTheBush

5 жыл бұрын

Lol.. I still need it, maybe later?

been selling on facebook since 2011. its good and effective, a lot of people who waste your time though no doubt! but if you stick it through u can sell it, iv sold things in days/weeks/months sometimes even a year and bit. just keep going and use effective sales tactics IE. lowering price time to time, changing up the description. its nice to remove things that are no longer used. to me if its not longer used its losing value! especially electronics. i tend to sell electronics as soon as i can as every year they lower and lower in price

@BeatTheBush

5 жыл бұрын

You can just put them into a low cost index etf and even if you sell at a loss, you will eventually gain. =D

I am going to start selling all my stuff also all the money I make will be to payoff my $6,000 in debt.

@BeatTheBush

5 жыл бұрын

Depends how much stuff you have. You might just be able to pay it off indeed.

Is the T-Rex based off the Tekken Character Gon? They look so similar 😍

Just wanted to point out that my research confirms BeatTheBush to be correct about taxes and online auction sales of used personal items. If you sell it for less than what you paid, you're not even required to report it.

Next thing, BTB becomes a minimalist, sell everything include his house cuz he doesn't needs all those spaces, and then built his tiny house. :v

@BeatTheBush

5 жыл бұрын

I'm never built a tiny house before, can see how that works.

Unless it was a heavy item, I usually met people at a starbucks which made selling stuff cheaper than 10$ almost a waste of time after they try to negotiate or ask too many questions.

@BeatTheBush

5 жыл бұрын

It's not so bad if you group a lot of sales together. You are right, it isn't worth it less than $10 for one item.

@WTFIWFYDB

5 жыл бұрын

Yeah, kind of agree, a lot of frugal people have a tendency to put a lot of value to their cash but not to their time. Like spending 2 hours to save 20$, going between different supermarkets with coupons doesn't make much sense since you are more likely to make more money while working for roughly the same period of time.

How do you sell it tho? Do you send it? Meet people in person? They pick it up? I assume because you have cash, you met people in person?

@BeatTheBush

5 жыл бұрын

Meet in person and exchange with cash.

Geez. I am way too slow. I just realized your home is a hyper-caffeinated man-cave and you didn't want us to see that side of you - Brainiac. It's all tools, electronics and things that promise to better your life with *power.* Hahaha. Tim to Tool Man - Han Style. Love it. I don't care what anyone says. Men and women really are quite different.

The only thing I can think of selling is mostly clothing. Do you think I could sell my clothes via a thrift shop?!? I also have a home stereo system from a good manufacturer and thinking I could get decent money for it since it works fine.

@BeatTheBush

5 жыл бұрын

I haven't sold much clothes but the stereo will go well on eBay. Shipping will eat into the profits but you can likely get more on there from the higher traffic.

I only buy what I need and use everything until they are no longer 'usable' or 'sell-able' .....

@BeatTheBush

5 жыл бұрын

Nice! That is a super efficient way to do things.

I sell there as well. I get that a lot. Is it available? I think people accidentally hit that button when they are scrolling down the ad.

@BeatTheBush

5 жыл бұрын

Yeah I think so.

Food processor ?

I offer to babysit your stuff animals if you ever travel long term!! :-P

@BeatTheBush

5 жыл бұрын

HA HA HA... do stuffed animals need babysitting?

A man only begins to sell, when it understands & falls in love with money.

@BeatTheBush

5 жыл бұрын

Ha ha, it's just a tool.

I avoided to buy those stuff. how much did I save?

@BeatTheBush

5 жыл бұрын

A LOT.

I think you had a bit of a hoarding problem. I have trouble buying two rolls of tape since I only need one at a time!

@BeatTheBush

5 жыл бұрын

Nice! I would buy a pack of 6 and let those sit.

Poor T-Rex. One of these days he's just going to walk out and leave you after being used for one of those sales 'examples'.

I don't understand, the shipping fee will be more than 3 dollars(the measure tape). Do you only sell it to people who lives very close? They come to pick it up or you deliver to them?

@BeatTheBush

5 жыл бұрын

Indeed, these are local transactions and in person to minimize shipping fees or seller fees even.

@linali6264

5 жыл бұрын

@@BeatTheBush Ah...that makes a lot of sense. Thanks for reply so quickly, I appreciated :-) !

In terms of payment, how exactly does the person buying your items give you the money? What is the safest option in your opinion? Love the channel btw! :)

@BeatTheBush

5 жыл бұрын

In person with cash. In a public area. Thanks!

Inspired me to sell stuff gathering dust.

@BeatTheBush

5 жыл бұрын

=D That's what I like to hear!

It's one thing to be able to see the listing from Japan, but how are you going to send the items out? You can't just go home to pick up the item to be dropped off at the post office.

@BeatTheBush

5 жыл бұрын

Sell them first before leaving of course.

Question about process. So after the buyer agrees to a price, how do you fulfill the item? Does the person come to your house with the money? Do you mail it to them? Do you meet in public to do the exchange? Thanks for the video!

@BeatTheBush

5 жыл бұрын

Depend what you want. Mostly do not mail as that is not the point. I meet people in public and some are good with people coming to their house if say they are moving and don’t care about random people knowing where they live.

@MrNigelPrentice

5 жыл бұрын

@@BeatTheBush I guess mailing costs extra, which defeats the point. Thanks a lot for answering the question!

I’m wondering if u factored in the shipping cost which would have lowered ur profit margin if u absorbed that cost. Mmmm...

@BeatTheBush

5 жыл бұрын

No shipping here. This is exchange locally and in person.

I should sell one of my bikes(3) .

Video starts at 4 min 10 sec.

@bethm3152

5 жыл бұрын

You da MVP

By the time you PAY FOR A STORAGE SITE, you just paid for ALL the contents ALL OVER AGAIN

@BeatTheBush

5 жыл бұрын

Yeah... if you keep it for a year or more, it probably costs more.

Liked for Francis Bush

@BeatTheBush

5 жыл бұрын

=D

Is this method only Local?

@BeatTheBush

5 жыл бұрын

For FB marketplace, local is the way to go.

What's your formula for depreciation?

@BeatTheBush

5 жыл бұрын

None, it depends on the item.

It’s amazing people on Facebook Marketplace would bother buying a tape used tspe measure for $3 instead of buying a new tape measure at a store for about the same amount. How much time and transportation cost did you spend to meet people or to ship packages? You’d really need to deduct those expenses from the Facebook Marketplace sales. Does Facebook Marketplace take a percentage of the revenue?

@BeatTheBush

5 жыл бұрын

That item in particular was grouped together with 2 other items. Otherwise I would not have met with the person buying.

Once I sold my Gshock for the same price I bought after 1 year of use, I felt so good ha ha

@BeatTheBush

3 жыл бұрын

Awesome! Free rental Gshock!

@isurudias978

3 жыл бұрын

@@BeatTheBush yes beat the Bush

How do you get these items to the buyers ? Isn't postage rather costly ? Does't that eat into any profits you would make? How do they pay you ? Do you need to pay to be on this site? I know these are a lot of questions, but as you can tell, I am clueless as to go about selling items. Correction- This video gave me some some clues. Thank you Frances. ( :

@BeatTheBush

5 жыл бұрын

I meet them locally and they pay in cash. It is free to use.

Just have sold my old PS3 and games and got 110$! It's a good start

@BeatTheBush

5 жыл бұрын

Nice one! But then you only got pennies on the dollar. It's good if you value it less than that.

@KevinGoldLVL

5 жыл бұрын

@@BeatTheBush yes but it's was in storage for like at least 4 years so it's better than nothing, on my way to have a minimalist home and get rid of the clutter in my life

I never get why so many people ask is something available then disappear lol

@BeatTheBush

5 жыл бұрын

It's too easy to push that single button and auto generate that message.

talking about his stack of money like its a tool to be thrown haha

@BeatTheBush

5 жыл бұрын

Lol... for demonstration purposes. =D

1:37 T-Rex money shot be like

@BeatTheBush

5 жыл бұрын

=D

If I wasn't a minimalist I would gladly pay $100 for your TRex!

@BeatTheBush

5 жыл бұрын

Lol... oh no, didn't list him high enough.

Lol why did you have 3 immersion blenders? 😂

@BeatTheBush

5 жыл бұрын

They are all different kinds. And I got one as a freebie. Hoarded.