ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Is this the Fastest Way to Make Money?

Updated on November 14, 2012
You Can Start Now!
You Can Start Now!

Making Money From Home the Sure Fire Old Fashion Way

Is this the easiest way to make money? No but I think its one of the best way to make money for the average person. In fact I bet it would be one of the top 10 ways to make a living if there were a list. Please read on and let me know what you think in the comments.

I was surfing through YouTube recently and came across a video that told me how I can make money buying on Craigslist and reselling on eBay. The author of the article said he made about $2,000 a month. He was selling used cell phones that he bought locally from Craigslist and sold on eBay. Simple I thought and then I started thinking of the pitfalls of such a venture. So I since I have had some experience in buying and selling (but not cell phones) I thought I’d write a post about this to help anyone who wants to give it a try. If you apply yourself to this type of work you can be a success and have a great income but like anything you must be industrious and be able to juggle more than one “deal” at a time. Please read on.

Let me describe the model in a bit more detail. It is really simple however. Depending on what you’re selling and how much effort you put into it you can make a full time living from this model. It will certainly get you out of the house on a regular basis and you will have some long days but I have made a few dollars like this and I have watched a friend make over 10k a month with a little luck and a lot of determination.

Since this is a physical business you need to develop a source of products. New, used and cast offs; it doesn’t matter as long as the item has true value. You will spend a lot of time researching the market for the items and you may need in a buying situation and need to excuse yourself for a few minutes while you check prices on eBay. As you do this model more and more you will become a savvy buyer based on the shear knowledge you will acquire. That means more money in your pocket and quicker turnover since you will have developed a source of buyers in the process.

What are the sources of products? Well you could make a laundry list. First of all if you watch storage wars you already know one source of products and that is storage auctions. You already know a sales outlet and that is the used merchandise stores that the stars of the show have. The trick to being successful at this venture is to keep an open mind and to look far and wide for product. Brainstore a list of buying opportunities. Here are a few to get you started

  • Make a deal with a charity store to take all of their _____ when it arrives. I recently heard of a woman who gets all of the used handmade quilts. She pays a flat fee and does some minor repairs and then resells the quilts for a 150% mark up. It just took a little imagination to picture how what could be and a little ingenuity on her part to make the small repairs if needed.
  • Look at used merchandise for sale in the local newspapers and buy and sell papers. People are often underpricing their merchandise simply to get rid of it. There may be a huge audience on the internet for some items.
  • Scour used product stores and antique markets for underpriced products. I walked into an antique store several years ago in a smaller community and bought several albums of antique post cards. I resold them on eBay individually for about a 500% mark up. The antique dealer had no market and I took a small risk but found buyers on line. And by the way I did this on my lunch hour. So there is how I turned a product of around $100 into $500.
  • Go to auctions. Some of the best ones are the misguided freight auctions. Most of this is not really misguided freight and is often a person getting out of business or a business selling off excess merchandise. Think about offering a few dollars for quirky merchandise that no one knows the value of and can be bought cheaply. I saw a profession horticulture tool (a tree injector) that sold for $6.00 at auction and was worth several hundred dollars to the right person. It did sell on eBay almost right away.
  • Attend yard sales. I have picked up more merchandise at yard sales and made thousands, some of by auctioning off the merchandise and some by eBay sales. The more you do it the better you get at spotting valuable stuff. I bought some marbles for twenty five cents and in the antique guide they were valued at ten dollars each. I bought seven used steel Tonka toys that were really beat up for $11 and sold them for $77 at auction. I’m sure that if I put them on eBay I could have doubled that again but I was holding an auction right after I bought them.
  • Offer to clean out garages and basements. Two people I know do this and sell off anything of value at flea markets, auctions and eBay. I don’t know how much money they’re making but they’re both driving new trucks.
  • Look on Craigslist and Kijiji for local merchandise and make offers on it. I have sold merchandise on these venues and often get offers that say “ I’ll give you xx dollars.” (sight unseen) I tend to stay away from these buyers as they give you rock bottom pricing and don’t care at all about you. I know somebody however that buys and sells clothing always treats people nicely and with respect and I think does far better than some of the “ramrod” approach people out there.

So there you have a few ways I have seen money being made or have made it myself. This sort of income does not come without pitfalls (like a friend who got arrested) but I’ve reached my writing limit today. Soon I will add to this post some of the things that may never occur to you and it will be an important read.


    0 of 8192 characters used
    Post Comment

    • rajan jolly profile image

      Rajan Singh Jolly 

      5 years ago from From Mumbai, presently in Jalandhar,INDIA.

      Very interesting and useful list of ways to buy/sell. Thanks for sharing.

    • mpropp profile image

      Melissa Propp 

      6 years ago from Minnesota

      Very interesting article. My husband has sold many items on ebay and craigslist, but they are usually just things that we are no longer using and are just taking up space. Ebay fees have increased a lot from when we first started selling (15 years ago) and there is a lot more competition. At least with Craigslist, you can do it locally and not have to worry about that darn shipping! I guess, like you said, the key would be in finding the right item, at the right price point. Again, very interesting hub and I thank you for sharing it!

    • JanMaklak profile imageAUTHOR


      6 years ago from Canada

      Hi Robert: I agree I have had my fair share of frustrations with eBay. I think the key is to finding product expensive enough to make it worth your while. Anything under $20 is a waste of time unless you are trying to build your online feedback score

      Thank you for reading my post

    • Robert Erich profile image

      Robert Erich 

      6 years ago from California

      This is a great article with very useful advice. I have done quite a bit with Craigslist, but I have struggled to see how making money on eBay is really possible anymore. It seems that, with so much for sale online, in addition to the shipping costs and eBay fees, it takes a real steal to make money.

      However, I am sure that it is possible. Your article has inspired me to take another look at it. Thanks for a great read and look forward to reading more!


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)