How To Make Money Repairing Phones Rddit

One thing we can all agree on: Making extra money is always a adept affair.

Are you lot looking for another money-flipping strategy to flip your coin today? And then yous'll love this advanced step-by-step guide on how to brand money flipping phones, or iPhones specifically.

In fact, did yous know that y'all tin can brand $13,653.48 (or more) extra a year just by flipping cell phones on a monthly ground? I'll detail how I did it and you'll acquire how to make money but by buying and reselling cell phones for a turn a profit.

(I've got a long cell telephone flipping guide here but read to the very cease and I promise y'all information technology volition be worth it.)

There are a lot of means to make supplemental income outside of your 9-5 job, trust me, I have looked into over 100 different creative side hustles to make money and stop being broke. 1 of the more profitable ways I've found is buying and selling iPhones for a profit. The concept is really simple, buy depression and sell high.

In November, I flipped x iPhones at an average of $103.44 of profit per cell phone. That netted me a profit of $i,137.79 of profit for 1 months piece of work. That's enough to pay for rent or your mortgage in nigh places in the United states of america.

At that rate, an extra $13,653.48 per year is great supplemental income.

Not bad, correct?

As with anything in life, it's not an easy thing to do and is at times very challenging.

I will get more into this later in the article, but my full general technique for this 1 month was buying cell phones from Amazon and reselling them for a profit on Craigslist.

1) Search and Purchase iPhones on Amazon

You lot can purchase used phones from a variety of sources such every bit Craigslist, eBay, Facebook Marketplace, OfferUp, and endless other smartphone purchase/sell apps.

More often than not, you would discover the best deals on Craigslist considering you can negotiate down the cost and go great deals on jail cell phones.

For this month, I found some keen deals on Amazon for used iPhones so I used that source. I also was able to apply my Discover it Credit Card which netted me 5% greenbacks-back on all purchases on Amazon. Boom!

I searched through Amazon and found the following phones that met all my criteria and I knew I could sell for a profit of $100 per telephone. If you wanted to follow along with my procedure, click here to search for used iPhones currently selling on Amazon.

Sectional iPhone Flipping Amazon Search Tool

I am very familiar with iPhone products, so I felt comfortable ownership and selling them only. iPhones are easy to resell, and when searching for them on Amazon I have a target price that I am willing to pay. I figure out my target price after I know what the telephone is worth.

If it is selling for $300 on eBay, that is how much information technology is worth.

Don't worry, information technology's simple.

To figure this out, I search for the cell phone model I am considering buying on eBay and curlicue down to "Evidence Only". I check the "Completed Listings" box, and then I see all completed auctions for that search.

I know that the phones with light-green prices sold at that price, while the phones with carmine prices didn't end up selling. This gives me a good idea of how much the phone is likely to sell for.

: To observe how much a phone is worth, check how much the phone has sold for on eBay using "Completed Listing" searches.

Then do a quick search and see if yous can discover whatever deals:

" text="iPhone X on Amazon" ]

" text="iPhone 8 Plus on Amazon" ]

" text="iPhone 8 on Amazon" ]

Only purchase cell phones that you lot know can resell for a profit

My goal is to buy iPhones on Amazon for $100 less (so I can make $100 profit per phone when I resell) than what it is selling for on eBay. While buying on Amazon I do realize there is some risk involved.

Tip: Amazon provides ameliorate protection over ownership on Craigslist or Facebook Marketplace. Amazon provides protection for buyers, considering if you never receive a telephone purchased or it is not working then yous can submit what is chosen an "A-to-Z Guarantee Protection claim".

This is a very simple process of making a claim against the seller, and then Amazon volition refund me completely and immediately. They will then go later the seller themselves. Information technology really does requite me some peace of mind since I was about to purchased 11 phones totaling $2,181.54 in costs of goods.

You lot can detect what the iPhone is selling for and and then use eBay completed listing search to meet if there is an opportunity for profit.

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How I Find Cheap iPhones To Resell

I should mention that this example study was done in early on 2022. Therefore, equally you probably should know, Apple releases new iPhones every year generally in early September.

So you might want to target newer phones than the ones that were available to me at the fourth dimension. I would suggest searching Amazon for used iPhone six, iPhone 6 Plus, iPhone 6s, and iPhone 6s Plus.

Why?

You tin usually find a improve deal on the model that is prior to the current newest model. People by and large toss their "older" phone on Amazon for semi-capricious prices as they are only looking to sell information technology quick.

Generally, the higher storage (GB corporeality) the telephone has leads to funky pricing considering people do not know the telephone'south true value, so you can unremarkably get a meliorate deal on those.

Tip: Based on my experience, I find it like shooting fish in a barrel to purchase AT&T phones, so y'all can unlock them, and that will increase your profit potential by twenty% on average.

Remember, buy inexpensive used AT&T iPhones on Amazon (check what it's selling for on eBay), unlock the phone, sell information technology on Craigslist, eBay or anywhere where yous can sell electronics for a profit.

Information technology's possible to brand money past flipping iPhones!

Hither'southward my haul:

Buy iPhones

What I Paid in Total:

(10) iPhones: $two,050.87
(10) Factory Unlocks: $100.67
(one) Screen Replacement: $xxx.00
Total Costs: $ii,181.54

Pro Tip: Larn How To Ready Cracked Screens

While flipping cell phones you lot tin can benefit from ownership phones with cracked screens.

As detailed above, you can see I purchased i cell telephone with a cracked screen. You can get better deals on phones with a damaged LCD screen, and they aren't difficult to replace.

You lot can follow along instructions that you can find on YouTube or on the web in order to prepare cracked screens. It'south also easy to find to find replacement screens on Amazon.

2) Sell the iPhones on Craigslist

At present having spent $2,181.54 in inventory I needed to sell the iPhones. And so I took really smashing photos of each of the phones considering if you don't include pictures, ninety% of the time your postal service will be looked over.

So I made sure to have great quality photos of each phone and used brief and accurate headlines of the telephone.

Follow these tips to sell your iPhones on Craigslist

ane. Be Honest

I was upfront well-nigh the status of each phone and was honest almost each phone.

ii. Utilize Google Voice

I used Google Vocalization telephone number in all my Craigslist posts, which makes potential costumers feel more at ease knowing they can contact me. I don't like disclosing my personal cell phone number or have someone calling my real phone number three months after I sold them a phone.

3. Create a Craigslist Email Address

Having a Craigslist-only email accost keeps all your Craigslist selling activeness separated from day-to-day life.

4. Be assertive, yet friendly

My time is probably the more expensive affair I accept. I permit the buyers know I won't stand for low ball offers, and that they volition exist just ignored. I mail service that in all my ads. Just don't be a pushover.

five. No Trades

Trying to make money here, and I just deal with cash.

6. Use a brief and authentic headline

I apply a concise headline, for instance, it would exist- "iPhone 6 Plus 16GB – AT&T (Black)"

seven. Pricing

I toll my phones so I take a trivial wiggle room to price haggle.

With these strategies in heed, I concluded upwards selling all of the phones as you can see my profit/loss report below.

iPhone Flipping Profit/Loss Report

iPhone Model	Total Costs	Sold	Profit
iPhone 5 16GB White	$157.84	$280.00	$122.16
iPhone 5 16GB White	$162.84	$295.00	$132.sixteen
iPhone 5 16GB Black	$182.00	$280.00	$98.00
iPhone 5 64GB Black	$189.fourteen	$345.00	$155.86
iPhone 5 64GB Black	$189.14	$300.00	$110.86
iPhone 5 64GB Black	$189.fourteen	$300.00	$110.86
iPhone 5 16GB White	$195.75	$300.00	$104.25
iPhone 5s 32GB Black	$327.37	$400.00	$72.63
iPhone 5 16GB White	$168.99	$270.00	$101.01
iPhone 6 Plus 16GB Blackness	$520.00	$650.00	$130.00

Total Profit: Sold all phones for $3,420 which left me with $ane,137.79 of net profit for 1 months work.

What if you needed cash correct away?

If y'all ended up getting too much inventory or have an old phone laying around and demand greenbacks now and so y'all can easily sell information technology on Gazelle for greenbacks. This is the easiest way to sell it chop-chop. If you'd like to go an extra 3% bonus on your merchandise-in, utilise my Gazelle iii% bonus link by clicking here.

Amazon also has a merchandise-in program for consumer electronics. You tin access the Amazon trade-in plan past clicking here.

Another option is to bring your sometime phone to Best Buy, Walmart, or your wireless provider, to meet what kind of trade-in value you can get for something else.

Y'all can make money flipping iPhones or ownership and reselling cell phones!

I ended upwardly with $ane,137.79 in profit for a months work of flipping cell phones considering I bought these phones at a proficient cost and I was able to get them factory unlocked which increases the value of the phone by 20%.

Also, since I purchased them on Amazon and was able to get cash back past using my Discover Bill of fare, I profited $109.08 in cash-back.

I didn't utilise this in calculating my total profit above because non everyone has a Notice information technology credit carte du jour. I wanted to mention though considering it's my favorite go-to card and I would recommend information technology.

I take a special offering with Discover and if y'all sign upward through this link, you tin get a $50 cash sign up bonus! Yes, seriously! Also, if yous plan on buying these phones on Amazon, you can get actress cash back through Rakuten.

If you're looking for a side hustle gig, why not effort flipping cell phones. Check the value of the phone on eBay and see what sellers are selling their used phones on Amazon or Craigslist.

The key is finding an arbitrage in pricing: buy low, sell loftier. Selling phones requires some work, however, it is very possible and anyone can exercise it using the steps outlined here.

Have a look what is available at present, at that place is money to exist made! I'k proof that it is possible and this is a cracking way to pay off your debt. I would advise ownership iPhone six or iPhone six Plus for AT&T on Amazon, unlocking them, then selling them on Craigslist.

What'south side by side? Effort information technology for yourself. I have made a custom search that I apply which finds the everyman price for all used iPhone's on Amazon. This includes all iPhones of all colors and sizes, sorted by lowest priced kickoff.

Try it Yourself: Detect Cheap iPhones Now to Resell

Now go out in that location and make some coin. Have you thought about flipping cell phones or iPhones? What'southward stopping yous or accept yous had success? I'm interested in other people's experience, get out a comment beneath if you have questions!

Other Easy Means To Earn Extra Money

In addition to flipping phones, I've found other ways you can consistently make money on the side. They include:

1. 1. 1. 1. Survey Junkie: This is a costless survey app for your telephone. I actually mean complimentary all effectually – complimentary to bring together and they don't charge anything to be a member (they will actually pay you). You can get a free registration bonusfor free when you join through this l ink .
      2. GetUpside provides users with a variety of helpful information. Showtime, information technology gives you 25 cents back on every gas station receipt you submit. Information technology too shows yous the best gas station deals and the cheapest gas. Download it for free here.
      3. Download the Nielsen app and claim $50 this year. This is an easy way to make coin from home. By using the internet every bit you practice every day, Nielsen invites you to make a departure – and you tin make money too. Yous don't fifty-fifty have to do anything other than registering your estimator or telephone. Nielsen will pay y'all $50 a yr to keep their app on your favorite internet browsing device and they as well requite away $10,000 each month. And so you can perchance make more than $50 for no effort at all.

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Don't forget to check Amazon for cheap phones

" text="iPhone X on Amazon" ]

" text="iPhone viii Plus on Amazon" ]

" text="iPhone 8 on Amazon" ]

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