It took me no more than three hours to refinish this media console so I could then flip it on FACEBOOK MARKETPLACE. After I deducted my expenses , I earned $100 per hour.
YES YOU CAN flip furniture to earn extra money in your free time or even if you work full time (like I do).
This flip required only basic skills to refinish the media console with Rustoleum chalk paint. This console was abandoned in an apartment and I gratefully accepted it from a friend.Therefore, I got it for free!
The cost of materials was minimal since I used 1/2 can of chalk paint (that I got on sale for $10). Since I buy primer and polyurethane by the gallon, the cost is reduced. I estimate that I used only about $8 worth of primer and poly.
The cost of the beadboard was only about $5 since I used only about 1/3 of the sheet. Therefore, my out of pocket expenses are only $23.
The main place that I am currently selling furniture is on Facebook Marketplace. I have tried other only places and none have worked for me.
The methods I use when posting and pricing on Facebook Marketplace have worked well for me in that it is not uncommon for me to sell my furniture within a few hours of listing it. (Subscribe to my channel to be notified when I post my video with my tips and tricks to get the highest prices on Facebook Marketplace!) To maximize the money you get when flipping furniture for a profit, you should pay close attention to what sells in your area on Facebook Marketplace.
Flip furniture that not only sells BUT it SELLS FOR HIGH PRICES! In my area, a kitchen table and chairs in good shape ( almost new condition) sells for only about $100 on Facebook Marketplace.
Therefore, there is not enough profit in it for me to flip a kitchen table and chairs! I researched media consoles in my area and found that they typically sell for over $300 if they are in good condition and are stylish. That is why I priced this for $350. And I was right- it sold. (That is why I was so pleased when my friend offered it to me for FREE!)
White furniture sells well in my area but next time I do a console I will choose a turquoise color. From my research, turquoise credenza's and media consoles seem to sell fast and for a high price!
Supplies used in this video:
Additional products I find helpful in flipping furniture:
Irwin 24 inch bar clamp (I use at least 2 each time I need them)
Dewalt 4 1/2 inch circular saw ( love this tool!)
Kreg Pocket Screws assorted sizes
22 in wooden drawer slide (cut to fit)
Please read all labels and follow all manufacturer safety recommendations when working with paints, stains, and other equipment and wear and use appropriate personal protection equipment. Viewers should attempt these projects at their own risk.
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