Buying Out a Yard Sale

It was stormy again last Friday, but there were thankfully a handful of yard sales on Saturday. One yard sale we went to had a ton of clothes that were exactly what I look for when I'm sourcing for resell. I wanted to buy everything, but each of the items were priced around $5 and up. I picked a few key pieces and paid $16 for them and asked the woman running the sale if she would be interested in doing a deal on whatever she had left at the end of the day. She told me to come back around 2 p.m. and we could work something out. I went to an ATM to reload and hit a couple more yard sales while I waited. When I went back, I was able to work out a deal to buy all of her clothing she had left for $150. There were a few really nice pieces that she didn't want to include in the deal, which was a little disappointing, but it still ended up being a great deal for me.

I brought all of the pieces home, and sorted through them. She had a lot of t-shirts that I was able to give to Mom for her projects, and I ended up with 84 great pieces for resell, including those I had purchased earlier for $16. This made each item $1.98. I also totaled up an estimated resell value for the haul based on what I thought each item would sell for. I was very conservative with this number because I wanted it to be realistic and know for sure if this had been a good move. I came to a value of $915, making this haul a $749 profit!

I'm always nervous when spending a ton of money on inventory, and yes, $150 is still a ton of money in my eyes! However, these are the moves that end up being my greatest successes. I could never have done anything like this a year ago, and it is so exciting that I've come so far in a year. I can't wait to see where my reselling journey takes me!

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"If you don't love what you do, then you shouldn't do it." - Marcus Lemonis (The Profit)

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Over and out.