Everyone loves a vacation, so let’s talk about how we pay for our vacations with our flipping side hustle and how you can do this too!
Vacations are what fuels me to do work. I am not a workaholic; I work hard, but I don’t work all the time. I want to have fun and going on vacations is part of that. Being able to go on a trip with my family is what motivates me. The other day we were talking to friends, planning our summer vacation for the year, and we suggested we all go on a vacation together this year. I told my buddy, let’s go flip something to make it happen.
This is a childhood friend, and 20 years ago I approached him about going on a cruise but he didn’t have the money. I told him, let’s make the money together. We’ll buy a few things, flip them and pay for the whole cruise, and spoiler, we did it! I told my friend we could do the same thing this time, but we wanted to share his story on the podcast as we go along. We’re trying to figure out if we want to try to flip it before we go on the vacation or if we want to pick up items on the vacation and flip them when we get back.
Our Previous Flipping Vacations
We didn’t take our usual road trip last year, but the previous four years we took a road trip with a trailer and picked up items to flip along the way. We started in 2020. My brother-in-law had passed away so we bought a 15-passenger van, took my sisters, our nieces, and our kids and went on vacation. We had a trailer just to store our luggage, but it wasn’t all the way full, so midway through the trip we decided to start looking for items we could take back with us to sell. That first year we bought 7 items for $1,235 and sold them for $22,175. We saw awesome sights and visited state parks along the way.
In 2021 we bought 14 items for $870 and sold them for $17,000. In 2022, we had 17 items purchased for $1,455, and sold them for $25,000. And in 2023, we bought 8 items for $1,100, and sold them for $21,500. On average, our long road trips cost $5,000-$7,000 so we are making our money to cover the trip cost.
Since we’ve shared this story with our group, some of our members have also done similar trips. One year we went on a cruise to Hawaii, but we had to flip $6,000 to pay for the cruise. I bought a TurboChef oven for $125 and sold it for $6,300, which was a little short of what I needed for the cruise by about $200, but it was incredible to just have one flip basically pay for my family’s cruise.
Last year we averaged less than five hours a week flipping items. The rest of our time is spent between our kids, our coaching business, social media, podcasts, and YouTube. We love flipping though, and being able to show you what’s possible.
We’re working on mapping out our trip for this summer. If you have any suggestions of national parks that we should hit, let us know. We’ll have more vacation content as we progress through the year.
Show Notes
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