Is it better to flip things out of an apartment or a house?
I was talking flipping with a friend recently, and he says to me, “Flipping things out of an apartment is not ideal, like flipping things out of your own place.”
This is simply not true. 9 times out of 10, a statement like this is really an excuse covering up the true reason one doesn’t want to start flipping. And that is lack of knowledge.
I STARTED flipping out of an apartment. I flipped more things out of my apartment over the years than I did out of my current house.
In fact, a huge chunk of the down-payment money I had to come up with in order to even buy a house in the first place came from flipping out of my apartment. Funny how that works.
The only real objection (more of a complaint, not a true objection) would be a matter of space.
But simply put, in most cases and in most people’s minds:
Apartment = Small, less space
House = Big, more space
My philosophy is that if you have a place PERIOD, then you can make thousands of dollars doing it, no matter how small your space may be. You will just have to get a bit creative and maybe work SLIGHTLY harder.
In my case when I lived in a smaller apartment, I practically had a new living room setup almost every other week because I’d cycle through so many pieces of furniture including couches, tables, TV stands, dining tables, and whatever else you could thing of and ‘use’.
That’s the great thing about couches and furniture pieces. You don’t need separate storage or space for them, because you can actually USE them in your living room and space while they sit on the market waiting to sell.
So when they do sell and you make your profit — because there’s such a high supply of cheap furniture on Craigslist and Thrift Stores — you can easily and very quickly refill your inventory and empty space with new furniture. Then rinse and repeat.
I typically had 4-5 furniture pieces (basically, whole living room sets) including couches, bookshelves, coffee tables, chairs, wall art, side tables, ottomans, lamps, etc., that I would cycle through living in my apartment while making a hefty profit. Here are some examples of “whole living room packages” I’ve gone through in the past, all from the same apartment:
Keep in mind, I’m only talking about large, bulkier items like furniture here. This was in ADDITION to everything else I would flip, like smaller items, electronics, bowling balls — anything and everything under the sun.
The profits margins in the furniture niche are typically very high, up to several hundred dollars per flip, that’s why I really like flipping furniture.
But at the same time, because they are larger, bulkier items, you will need to have transportation arranged and a helper. Before I invested in my own cheap pickup truck, I would go to a nearby store like Menard’s or Home Depot and rent a pickup truck for $17.99 for 75 minutes, which is a great deal.
And it doesn’t even have to be large items like furniture. There are so many possibilities and options for you to flip things for cold cash that are NOT huge and bulky.
My point is, whether you live in a house or an apartment — look folks — you can still flip things for profits. There’s an ABUNDANCE of money and profits to be made by doing it.
Don’t say you can’t, it’s a lie — anyone can. Making hundreds and thousands of dollars flipping things takes courage, creativity, and willpower more than it takes space. First it takes a decision though.
You need to decide that you want to start making your dreams come true. Or you want that weekend getaway vacation completely paid for. Or that you want to start making $5,000 per month just by flipping things.
Do you want to quit your full-time job and thrive in this business? You can.
Do you want complete freedom of your time while making high profits, doing work that changes everyday and you love? Possible.
Do you just want to make some more money on top of your current job? Highly recommend flipping things for profits.
I encourage you to jump into it, get started, and make no excuses — whether you live in a small apartment or a large house, start today.
PS. I want to be your coach and mentor to get you successful in the flipping business. I want train you to start making immediate sales and money, while being right by your side as you learn and become successful. Skill up now with The Flipping Ninja Blueprint and make your first $100 this weekend.
featured image by: Bernard Spragg