Maximizing Profits and Minimizing Risks when Flipping Singles

Feb 28, 2024 | eBay Flipping | 32 comments

Maximizing Profits and Minimizing Risks when Flipping Singles




Flipping singles for profit is a great way to make some extra money while minimizing risk. With some careful planning and strategies, you can maximize your profits and minimize potential losses.

One key strategy in flipping singles for profit is to carefully research the market and understand what kinds of singles are in demand. This will help you focus on acquiring singles that have a high potential for profit. Look for singles that are popular among collectors, have limited availability, or are part of a popular set or series.

Another important aspect of flipping singles for profit is to buy low and sell high. This may seem like common sense, but it’s crucial to pay attention to market trends and pricing in order to make the most profit. One way to do this is to monitor online marketplaces, such as eBay or TCGplayer, to see what prices singles are selling for. You can also attend trade shows or conventions to get a better sense of the market.

When buying singles to flip for profit, it’s also important to consider the condition of the card. Singles that are in mint or near-mint condition will typically fetch a higher price than those in poor condition. It may be worth it to invest in protective sleeves or cases to keep your singles in the best condition possible.

In order to maximize your profits, it’s also important to be patient and strategic in your selling. Don’t rush to sell singles as soon as you acquire them – wait for the right opportunity to get the best price. This may mean waiting for a certain set to become more popular, or for a specific card to increase in value over time.

See also  Is It Possible to Profit from Retail Arbitrage at Ollie's? Exploring the Potential to Make Money through eBay, Reselling, Flipping, Toys, Shorts, and Thrifting

Finally, it’s important to diversify your collection and not put all your eggs in one basket. By acquiring a variety of singles from different sets or series, you can spread out your risk and potentially increase your profits. This will also give you more flexibility in the market, as you won’t be dependent on the success of just one card or set.

Overall, flipping singles for profit can be a fun and rewarding way to make some extra money. By carefully researching the market, buying low and selling high, and being patient and strategic in your selling, you can minimize your downside while maximizing your profits. So get out there, start flipping singles, and watch your profits grow!


FIND: Turnkey Businesses

LEARN: How To Make Money Online

HOW TO: Work From Home

REVEALED: Online Business Ideas


You May Also Like

32 Comments

  1. @CharlesAlexander-yp7tj

    Great video, really appreciate the in-depth analysis! Don't suppose you're willing to share your Excel sheet for analysing Pokemon cards as opportunities do you @PikaPikaPaPa ?

    Reply
  2. @Kohnbread19

    I grew up really poor so I couldn't collect much. Now I have a bad habit of getting REALLY into flipping collectibles so I can fund the ones that I want for myself.

    Reply
  3. @BombVial

    Hey! Any tips on finding a middleman who also does prescreening? I've tried searching and can't find one anywhere, much appreciate!

    Reply
  4. @ReckLesS446

    tried to find the gemrate on the psa website and couldnt lol

    Reply
  5. @Cindyyish

    Any chance you can share your excell ark?

    Reply
  6. @powerup032

    great video! this is an amazing process. i have to ask though, do you factor in taxes due at the end of the year? what might seem like profit might end up going to big brother

    Reply
  7. @olivermarth2096

    Really fantastic info on this channel thanks 4 all the hard work!

    Reply
  8. @jesusgtz

    You must be crazy if I'm sending my cards to some chomo.

    Reply
  9. @tvm2209

    Could you talk more about how to go about finding a prescreener and the pros/cons of getting one?

    Reply
  10. @kevinujoodha5985

    Geez, what a great video! I love love love huge % spreads between the raw card and a PSA 10. Those eevee-lutions boxes where the PSA 10 is about 500% the value of the raw card is a perfect example. I love the downside risk that is "low cost to entry" too! Buy an $18 Vaporeon alt art promo with a downside of only losing the 18$ entry? lol ill take that with the upside of a 500% gain (not taking into account expenses). My heart says you're doing everyone such a service. My head says stop giving away the economic cheat sheet lol… I'll let my hearts advice win on this one though. Enough room for everyone in the hobby. Capitalism isnt standing room only, plenty of seats

    Reply
  11. @Pokitwo

    This was a great tutorial! I’ve been looking into flipping cards for a few months now and this is by far the best content on how to do it so thank you!

    Reply
  12. @charlottecappelle

    If u had to choose between celebrations and evolving skies for a long term investment, which one would you chose? Ofc both but if you really had to chose.

    Reply
  13. @EL-em3mn

    I feel like these cards were horrible left to right thickness so be wary if you want to make this your play as well people. If you don't know what that means, you aren't ready for PSA. Do some more research before you go that route.

    Reply
  14. @EL-em3mn

    Thanks for being willing to say what your plays have been. Most people hide it until months after. I have a few things to submit but i don't have any prescreeners i my area. I do pretty decent but a second set of eyes would be great.

    Reply
  15. @NoisserPxe

    I have a question on these modern plays where first to market gives the ultimate premium until there's no more margin as more gets graded. If I graded 10 cards and all of them were PSA 10s and I'm first to market, would you flood all 10 slabs to auction, trickle them down with auctions day by day, do 1 listing post with 10 available and trickle down the BIN price to market value. What would be the best play here, are there options I'm not considering, maybe spread the listings to other selling platforms like mercari?

    Reply
  16. @stevensistrunk5051

    Definitely a good video was looking forward all weekend and didn’t disappoint. Quick question , how you land on 12$ shipping for 4 cards , especially if you hit 2 10s. How you getting away with $3 each on these? Discord link fixed ?

    Reply
  17. @AlphaWhale

    Is there a premium to be had selling all 3 together as a graded set?

    Reply
  18. @poketino4663

    Awesome channel and great information. Thank you for your hard work!

    Reply
  19. @TransparentPokemon

    Another great video brother. Thank you, was a pleasure to watch.

    Reply
  20. @boris5909

    great video! im sure your pre screener you have worked with for a long time and trust them. the one thing i worry about with cards that are not serial numbered sending to someone before grading is them switching the card for a worse condition version as i heard that before.

    Reply
  21. @emilioquinones6812

    Great content not a big flipper but my next step is to get all the cards in my pc graded n this info u putting out there helps a lot. Thank u

    Reply
  22. @TheNachris720

    One of my favorite releases you've shown! Very excellent ! And I wouldn't worry toooooo much about a giveaway, unless its very Easy for you to do financially! Just saying!

    Reply
  23. @The90sCollector

    You brought up an interesting point about the Flareon VMAX PSA 10 Rate. I shopped around on Mercari for the right deal on the Premium Collection boxes that had good Promo Pics w/ good centering. I got 2 sets of these boxes, 1 to open and one to keep sealed. Luckly, The Vaporeon and Jolteons came back x3 PSA9 and x1 PSA10 (Jolteon VMAX) but both Flareons were in rough shape so I kept them in the boxes sealed for now. I'm doing like you now, and hunting for raw cards.
    I've been lucky enough to buy some middle level hitters in the $10-30 range that sell PSA8 @$25-35, PSA9 @$50-$60, and PSA10 @$100+. It's a very nice risk to reward safe zone.
    Thanks for the awesome vid as always.

    Reply
  24. @takeiteasybrah

    Thanks for the info. I’m using a similar strategy so it’s nice to know that I’m on the right track. My next project is to figure out how much taxes are going to impact my potential profits.

    Reply
  25. @MeetJarred

    Great Video! Got a new subscriber here, well as of your last video actually lol. Have a blessed weekend!

    Reply
  26. @Reds-Card-Case

    If you really wanna make some bank and got the time, go look at prices on diamond and pearl era holos. Talking 700 dollars or more for a psa 10 and raw cards costing about 10$. And psa 9s for over 100. Torterra and infernape from diamond and pearl and articuno from majestic dawn are huge chases and payoffs in a psa 10. Thats what im going after right now, hard to source though

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

ai childrens book maker