Flipping isn’t just for houses anymore. House flipping sure got all the attention, but flipping opportunities are endless. Fifteen years ago, I went to California to visit an old college buddy. His apartment was full of hockey jerseys and boxes. He found them at local discount stores and sold them on eBay at a big markup. His ability to be a successful flipper helped him pay for medical school!
So what are the things to know before you get started?
Be An Expert
Whatever it is your flipping, you want to make sure you know the ins and outs. Whether it’s houses or hockey jerseys or even shoes, know your product. Know what sells and what doesn’t. Know what’s in demand. Not only that, but know whether there’s opportunity for high demand product.