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Flip Merching Guide - Make loads on RS!
Posted:
Flip Merching Guide - Make loads on RS!Posted:
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Hello, Welcome to my flip merching guide
Today you will learn the basic's of flip merching!
Today you will learn the basic's of flip merching!
FAQ:
Q:What is flip merching?
A:Flip merching is finding an item on the G.E buying low and selling to turn a profit.
Q:What if I don't have enough money to start?
A:I will give you a loan of 50k-100k to start you off.
Q:How much money can I make off this?
A:More then you put into it. Meaning there is no set amount per hour, It all depends on the item you flip.
The Basics:
How to start off:
Too start off you need to find an item to flip. For this example I will be using Yew Logs.
So let's find Yew Logs and buy them for a very very high price (Don't worry you'll make your money back)
Now after buying them keep in mind the Total Price you bought it for - This will be the price you SELL the item for!
Now sell the item for very low (This item being Yew Logs)
Keep in mind the total price again. This will be the amount you BUY them for!
After doing this buy lots of the item you got the prices for. (This price being 441
After buying them sell them at the price you have. (This price being 444)
(I forgot to take picture before I collected cash :3)
So let's look at the profit for less then 5 minutes of work.
So 7.5k in less then 5 minutes - This is not too bad but you can make lots more!
Summary:
Find an item to flip.
Buy it high, to find the sell price
Sell it low, to find the buy price.
Buy lots of that item - Sell it... Profit???
Buy it high, to find the sell price
Sell it low, to find the buy price.
Buy lots of that item - Sell it... Profit???
Message me if you need a better explanation!
Hope this helped a little
<3 Griefing
<3 Griefing
The following 1 user thanked Griefing for this useful post:
SmileBack (05-08-2012)
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helped me a little but not much :S
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#3. Posted:
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Motto: You miss 100% of the chances you don't take.
Motto: You miss 100% of the chances you don't take.
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Motto: You miss 100% of the chances you don't take.
Nice guide mate, really well done.
Also, what is the best item to flip at the moment?
Thanks.
Also, what is the best item to flip at the moment?
Thanks.
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#4. Posted:
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Love the Guide <3 Helped me a lot,
Your Clan Leader
#Infinite Owner
LuLzCat
Your Clan Leader
#Infinite Owner
LuLzCat
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#5. Posted:
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I tried this method earlier, It was going fine apart from the fact that I wasn't able to sell anywhere near all the items that I bought How long should it take to sell them at the flip price? Am I just being inpatient?
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Knights wrote I tried this method earlier, It was going fine apart from the fact that I wasn't able to sell anywhere near all the items that I bought How long should it take to sell them at the flip price? Am I just being inpatient?It can take a fairly long time, I have waited almost a week before.
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looks good . can you pm me . and is the loan still available ?
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Griefing wroteKnights wrote I tried this method earlier, It was going fine apart from the fact that I wasn't able to sell anywhere near all the items that I bought How long should it take to sell them at the flip price? Am I just being inpatient?It can take a fairly long time, I have waited almost a week before.
Darn, I guessed this would be the case. I know exactly what will happen if I try this, I'll put lots of money into it, wait for them to sell, then the price will drop and I'll lose money I'm awful at merchanting so i'll just stay well clear of it I guess.
Thanks for the tips though, risking money to make money just isn't for me
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I have been flipping for a while now and its a great money maker! Just I wouldn't take peoples advice on items because they might drop everything on you for a big loss in your cash stack but a big gain in theres!
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-Turtle_Beach- wrote I have been flipping for a while now and its a great money maker! Just I wouldn't take peoples advice on items because they might drop everything on you for a big loss in your cash stack but a big gain in theres!
Yah I never tell anyone what i'm flipping but I normally flip items 10m+
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