I have to admit how hard to make and flip money especially if you are an old generation
Definitely you would think in traditional way like buying precious metals and diamond and keep them for long term
Now with the existence of the internet you have to think in a new way
You can learn flipping money in innovative ways you have never thought about
Also the speed of flipping money is very short and profitable
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That's why I will show you below what flipping money means and how to flip money?
What does flipping Money mean?
I don't know the meaning of how to flip money because there is no real definition
In simple words, flipping money is seizing an opportunity to get products or properties cheaper than the price intended to sell them for
It can be buying things and adding values to them or doing manipulation to enhance them or selling them as is in another place with higher prices
What are different things to do to flip money?
There are so many things to follow to be able to flip money
What is more important is the use of the great accelerator the internet that can turn the flipping process way faster than expected
Working as a flipper by joining flipping club
Rob and his wife Melissa created a course on flipping things and making full income out of that
Currently they are making around $100,000 annually from
That's why if you want to flip money it is better to follow their path and sign up for their
Flipping furniture
I discussed before how to make money from woodworking
I talked about the amount of money that can be made from selling furnitures
If you have the experience of all furniture prices and best prices to sell your items for
Then you'll flip money buying furniture for cheap and selling for higher prices
Question now is where you can buy your cheap furniture?
Don't worry that won't be the issue
There are so many cheap sources like buying furniture from garage sales as an example
You can join Nextdoor site or download it on your mobile phone and stay on top of all garage sales in your local area
Also you can buy furniture from places like Facebook Marketplace and eBay
To prove what I am discussing above I was looking for a used piano and I found so many models free to pick up on Facebook Marketplace
Flipping on retail sites like eBay and Amazon
Flipping a product from location where they are sold cheap and selling them in another location where the price is high is part of
In eBay you can see sellers from all over the world where you can buy a product for cheap with long shipping time which can be more than a month
That's why everybody on eBay has a fair chance to sell on its platform
With Amazon you can buy from cheap sources and ship your merchandise to Amazon warehouse
And leave it to Amazon team to take care of the rest
If you are interested in Amazon flipping you can take Amazon courses on
Flipping stocks
Flipping stocks is a great way to flip your money
But, you have to be very careful
Why?
Because stocks prices fluctuate
If you watch few stocks you can know when their prices go low so you can buy them
Later on you can sell your stock when the price moves up
Keep in mind you can not do it by memory
You have to track your desired stocks either by using excel sheet or mobile apps
I recommend using mobile app as it connects with the market price and tracks things automatically for you
Flipping cryptocurrency
When it comes to flipping cryptocurrency you have to know it is hard game
Fluctuation in price is steep and happens multiple times a day
You can buy one cryptocurrency today and get 30% to 40% up and down same day
This means you have to be very careful and use tools or mobile app to track properly
One day Bitcoin reached $22,000
And investors started to sell
So price went down to $3,000
It was good opportunity for investors to buy again and hold
Flipping domains
Flipping domain names is a unique way of flipping money
Domain name is the URL which you type in your browser to go to any website
You can buy nice and easy to remember domain names from
Those with .org, .com or .net extensions and list them on sale on
Flipping websites
Flipping websites is similar to flipping domains but it takes different perspective
When you buy a website you know that it has potential to grow and expand in traffic
Most of the times website owners they underestimate the real values of their websites
There are website hunters who have experience to find those websites that can be bought for cheap
They work on them and flip money by selling them for high price
Flipping books
Buying books is a technique that makes tremendous profits for their buyers
The idea is you buy used College/University books from students
Then you can sell them to new students on
You can expect to buy books for as low as $2 and sell each book for $50
Below is few sites to hunt cheap books
Flipping clothes
Flipping clothes is another way to flip money as you can start with your own clothes
Look inside your closet for all the clothes you don't wear anymore
You can find many clothes with their tickets
Below is a list of well known flipping clothes sites
Next step is to look for cheap clothes buying them from cheap places
Here is an example happened to me when I was at Salvation Army store
I was looking for a laptop luggage I found few starting from $60 up to $85
In Salvation Army store the same bag listed for $85 I bought it for $8 without even paying taxes
Flipping houses
Flipping houses is another sort of investment that requires lot of money
You have to be very cautious and working with partners when you start this business
As buying homes for the sake of renovating them can cause you to spend lot of money on renovation
It can happen that it drains your pocket to fix one home
Then it gets offers for less than what you paid for
Flip cars and vans
Flipping cars is another form of making money with reasonable investment
Nowadays many buy/sell cars websites list all cars with price rating
For example you can see price listed as low price, fair and higher than expected
I know a friend of mine bought a van for $3,000 which was hit from the front
The seller thought that it would cost a lot of money
Later on my friend fixed it for another $300 where this car is worth $7,000 for the same model and year
Flipping sport cards
Sport cards have become popular and there is huge demands to buy them
You can buy them from garage sales or eBay
The idea is to buy sport cards from sellers who don't know their real value
I believe it is fun task on how to flip money
Flipping gold and precious metals
Although gold and precious metals are long term game
But if you buy gold you can feel a sense of security
Especially if you catch it in the low peak when the market is really low
How to get the money you need to flip?
Some people are skeptical in nature and they won't risk wasting money to flip
I understand that so they look for ways to put some effort to make quick cash
By doing that you are not risking your own saved money
Anyway what you can do to make some money is
Take surveys online
Many survey sites you can join to express your opinion by replying to surveys
Average time is around 10 – 15 mins with average pay of $2 to $5 for each survey
I recommend to read my post how to make money with survey sites
Also there are other type of expressing your opinion
It is similar to working with you personally to discuss your opinion as a subject matter
Usually they take a form of phone call and the top company here is
Few websites below similar to
User Interviews
FieldWork – US only
FocusGroup – US only
20|20 Panel
Recruit and Field
American Consumer Opinion
Probe Market Research
Survey Feeds
Deliver food
Delivering food is one of the things that is easy to do and make decent cash per hour
All you have to do is install DoorDash or Postmates on your mobile and start delivering orders to customers
What I like about delivering food job is that it doesn't require specific type of cars
Drive Uber or Lyft
Uber or Lyft is a great way to make quick cash and you are in control of your time
If you want to drive then turn on your app
Babysitting
Another easy job to do in your spare time is to babysit other toddlers
The pay is good as you can babysit many kids at the same time
Walk dogs and pets
If you are a pet lover and enjoy walking with your dog
You can walk other dogs in your neighborhood and get paid for that
Rent your basement or extra room in your home
If you have a basement or willing to rent an extra room if you are OK about that
Definitely you will make a good income and you can use that money to flip it
Rent space in your home for storage
Some people are looking for an alternative way to store their belongings
They may have few things to store that don't need a storage room
If you have a good space at home to store things then you can make good money
Rent your RV
I remember my plan to take my wife and 2 kids to a lake called Bruce Peninsula
Unfortunately there is no nearby hotels and usually people going there rent RVs
It can cost you $150 per night so it is really worth to invest renting your RV
Rent your car
If you have a car you don't use often you can rent it and make money to flip out of it
You can do that with a site like Turo
The next sites that come as competitors are Getaround and TravelCar
What is the fastest ways to flip money?
Although I discussed above all the possible ways to flip money
But there are definitely ways that are faster than others
Below is the fastest ways to flip money
Flip real state shares
You don't need to buy and sell properties with lot of money
What you can do is buy shares with the money you have and flip them in short period
Flip cryptocurrency
As I mentioned earlier cryptocurrencies can fluctuate up and down by 50% a day
If you know the market well then you have a chance to buy and sell per day
Flip stocks
Similar to cryptocurrencies but a little bit slower
You can expect stock prices to go up and down in few days
Michael launched Wealth of Geeks to make personal finance fun. He has worked in personal finance for over 20 years, helping families reduce taxes, increase their income, and save for retirement. Michael is passionate about personal finance, side hustles, and all things geeky.