SaleHoo

[jimmy_salehoo]

I bought a laptop from arons rental for $300 It had a broken keyboard. Replaced the keyboard for $20.00 Sold the unit for $1,500 in our local newspaper.

Bought a lot of 12 computers for $100 from a local office. Stripped them down and sold the parts for over $700.00

Bought a Car from a guy for $1200 , Shampooed the carpets changed the oil replaced some hoses and an air filter for less then $200 and waxed the car. Sold it for $6,000 on craigslist.

Bought a ton of girls, teen jewelry and a case of fake sunglasses for $400. Also bought a lot of 500 thongs and Camy Tops from lingeriemart for $380
Sold most of the product for $6,720 in 8 days at the illinois state fair.

Bought 3 broken DSLR cameras for 400 bucks , Took them to a camera repair shop paid $680 for him to repair them. Sold them locally through the paper for $3,200

We bought a boat for $500 Spent $3,000 reconditioning the boat fixing the damaged fiberglass and repainting the boat in my fathers garage. We then sold that same boat for $8,500 through a local free car magazine

Were currently in the process of restoring a 1964 Ford Thundrebird we paid $2,000 for a rusted heap. Were about $5,000 in on it. When its done we will probably sell it for $30,000+ But its a big project and Im currently running my business full time so it may be a few years down the line before its done. So it may be worth much more by then.

Ive used most of the money I have made on the side to take my family on annual vacations to Walt Disney World and Other destinations. Imagine taking 2 weeks in orlando and having everything paid for and $5,000 in play money for your wife to blow at the flea markets. Or eating at the most expensive resturants in disney world 2 times a day and not worrying about the cost. Im not a wealthy person. I live in a small house and I make payments on many things. Just like any other average guy. I prefer family time over wealth. I use my hobbies to make me money so I can take my kids and my wife to places they have neer been.

Most of this money is made just from part time work I do in my spare time. But these deals did not fall into my lap. I did not buy a list to find these deals. I used my own knowledge and I did not sell this stuff on ebay.

This was done with my own time and carefull research. Anyone can do this. Even a creative teenager can do this.

Seriously folks Any one of you can do the exact same things I do. Its not as hard as you think. But this will not fall into your lap. You need to spend your time researching. Goto ebay and look at some of the items that sell very low. If you can buy them and sell them higher somewhere else then do it.

Read your local newspaper every single day. I personally skip the paper and go straight to the classifieds and search for items people are selling dirt cheap.
Many people have problems and they will sell expensive items for way below thier value because they are desperate for money. Help them out and help yourself in the process.

As I said before I am not wealthy. I live a meager life. Im very cheap. I hate spending money. But 2 to 4 weeks out of each year I live like a king on vacation with my family. Isnt that all that matters???

[AuctionMan]

A good tip for Ebay is to ignore "branded" products...

[grahamg]

I make at least $4,000 profit from ebay every month. But it's becoming harder especially with the new rule that Paypal will keep ebay payments for 21 days for high risk items, before the seller has access to withdraw the cash!

This will make it impossible for the newby to start an online business.

[GRBoutique]

The only way to avoid that new paypal policy is to switch to a real merchant account.

[jimmy_salehoo]

Yes , I cant stress that enough. Putting the welfare of your business in the hands of a greedy corperation that has no legal obligation to federal banking laws is like using a mafia bookie to launder money for you.

[sircaesar]

grboutique, great testimony.. great motivation for the beginner..
best of luck to you in your continued endevours

[GRBoutique]

Thank you! =) Just don't give up! I was just like everyone else before. A beginner who doesn't know where to begin with. I tried several products mainly nike shoes and I have been scammed alot of times costing me so much money but that didn't stop me from finding a supplier and products that I can sell for a profits. At first, I thought nike shoes, mainly jordans is the right one for me to sell because I love shoes specially nikes so I looked for suppliers endlessly and I found some that claimed they sell authentic nikes but as I received products from those so called suppliers, they were fakes and some just didn't send the product and I could file a chargeback nor file a claim through paypal because the suppliers gave me the run around and it went up for about six months until I gave up and just took that lost and move on from there. I took every failure as a lesson and didn't give up and now here I am making some decent profits on ebay and craigslist to cope up with those loses. So far, I made $7000+ in just three months. Just don't give up and look here in the forum for advices. Buying bulk from liquidators are the way to go if you want to compete from other sellers on ebay. This worked great for me =)

[grahamg]

That's it guys, when you're knocked dowm, get up, dust yourself off and start agian. You will find sometihng you LIKE selling, I've sold alsorts of crap I hated selling. Then I found a niche and it was a pleasure to work with the buyers. :)

Selling ebooks, i've consistantly made $4K per month from December to now, even though Jan and Feb are known as slow months! :roll:


As for the original question "whos making a profit on ebay?" I think we all know eBay is! 8)