In a recent success story, one woman spilled the beans on how she raked in $600 by selling a pre-loved sofa. On TikTok, Sadie and her partner Cameron have been documenting their experience flipping furniture and sharing tips on how to make money.
When the pair debuted their newest project, furniture flipping—the practice of improving and reselling goods for a profit—was in the news. They acquired a $200 (£158.29) couch, which later commanded a $600 (£474.88) price tag.
In a recent video, Sadie shared the lowdown on her approach to nearly tripling her initial investment. She stated, “Another day, another couch flip. I was thrilled when I found this gem, knowing it would yield at least $600 (£474.88) in profit.”
The reason for the couch’s budget price? A bit of wear and tear on the sides and a few loose springs. Sadie, confident from the outset, was ready for a straightforward fix and was eager to demonstrate her method.
According to her, the main issue was some fluff poking out from the sides. She tackled this by simply pushing the fluff back into the sofa with her hands, restoring its original form. To tidy things up further, she used a staple gun to close any gaps, making the couch look as good as new.
Another snag: a busted spring on one of the cushions. Sadie revealed her solution to such dilemmas when flipping items for resale, explaining, “I unzipped the couch cover, exposing the problem. It turned out all it needed was a few screws to be tightened. After securing it, I moved on to a stitching problem on one of the cushions.”
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She continued, “I hand-sewed the loose seams back together, and while it may not be flawless, it’s a major improvement from how it looked before.”
For those curious about more furniture-flipping tricks, Cameron and Sadie are sharing their insights on their TikTok channel.
Frequently Asked Questions
Is it really possible to make a profit from selling used sofas?
Yes, it is! Many people have successfully turned a profit by refurbishing and reselling second-hand sofas, just like Sadie did in the article.
Do I need any special skills or tools to start flipping furniture?
While some basic DIY skills can be helpful, you don’t necessarily need special tools or expertise. Learning as you go and gaining experience is a common approach.
Where can I find affordable used sofas to flip?
You can often find affordable used sofas at thrift stores, online marketplaces, garage sales, or even by asking friends and family. The key is to find pieces with potential.
How can I determine the resale value of a used sofa?
Research is key. Look at similar listings online to get an idea of what similar sofas are selling for. Factors like brand, condition, and style will all affect the resale value.
Are there any legal or safety considerations when reselling furniture?
Yes, it’s essential to ensure that any furniture you sell complies with safety regulations. Check for safety labels, and if you make any repairs, make sure they are done safely and securely. Additionally, be aware of any local regulations regarding selling used furniture.