The Side Hustle App No One Knows About: Flipping Sharetown Furniture Returns

Chris Torres makes a full-time living reselling gently-used furniture and mattresses. He sources inventory through Sharetown, a service that helps direct-to-consumer brands handle customer return requests.
And the best part? He doesn't have to pay for that inventory until it sells.
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Thanks so much for tuning in!

[@5Towaways]

I did this for Sharetown. It was hard work, but a very low cost of entry, and good money!

[@NickLoper]

Thanks for sharing!

[@justice4all977]

I'm a single woman, I don't have a helper. I'd really like to get this started. I've moved dressers and bed frames myself before. Do you think I would be able to do the pickups alone?

[@5Towaways]

@@justice4all977 it's "strongly recommended" in the training to have a helper. Also, the use of a dolly, tape and plastic is in the training. But to answer your question you would definitely need help. Maybe you could recruit a family member to help with pickups?

[@spineventz7947]

lifting a 200 pound mattress is no joke and sometimes you have to get it down from a 3 floor apartment then pray it sells so you can get paid for all that hard labor and pray not to get injured lifting all that weight.

[@spineventz7947]

they take more than 50% of the price they tell you to sell it. You have to pick up a mattress that may be full of stains and you have to remove all stains. You have to clean and desinfect everything. You have to have a big storage unit because you will have lots of inventory. You will be doing up to 50 miles for a pickup. You have to post everything on facebook market, deal with customers. you will not sell some of your items. yes, you can make money but its not that great after all the work you do and after deducting expenses and time invested to make maybe under $200 a sale sometimes under $100 after all expenses... in some cases you may be loosing money because you picked up something you wont sell and you may have to disposal that item costing you more time and money to take it out of your storage. And remember you have to share earning with your helper... no one works for free!

[@NickLoper]

Appreciate the additional context. Thanks for sharing.

[@spineventz7947]

@@EthanMicheleLanA inventory is not free if I have expenses to pickup some are close to 100 miles drive and cost is not even close to 3%. You have to spend a few hours of your time driving for the pickups, cleaning and disinfecting. You need a big storage that's at least $200, plastic rolls are $30 each you can only do 2 king so you need 3-5 rolls a week, disinfectant is about $80 and will last for only 10 uses. Gas, miles, and all the time you spend posting and talking to customers. Is that free inventory? I don't think so! 3% cost? No you are far away. Forgot they also have specific requirements for your car insurance that will make your insurance go up.

[@tiffanydrake1652]

Excellent side hustle idea

[@NickLoper]

Thanks for watching!

[@Fetchup]

Who determines the price the item is resold for? And what is the commission % for the rep?

[@NickLoper]

My understanding is it’s not really on commission. Instead, Sharetown will give the reps a suggested resale value, and how much the company will collect for the item. For example, maybe it’s a $1500 mattress; suggested resale might be $700 and Sharetown’s take might be $500. If the item sells for $700, the rep would make that $200 spread as their gross profit on the item.

[@Fetchup]

@@NickLoper got it, thanks Nick. Are you involved with Sharetown at all?

[@TheSolarBoss]

Just found your podcast man and thought I’d reach out. I really like your work and I also have a youtube channel mainly about solar sales and marketing and if you’re still involved I’d love to do a collab with you and provide value to your audience! Stay blessed 👊🏼

[@lorettamoran3568]

No one is talking about the car insurance requirements.

[@NickLoper]

Any recommendations on that front?

[@1972070062398]

Do you need a different type of car insurance than you would normally?

[@Legenddjt]

@@NickLopercan you just have liability?

[@spineventz7947]

they do have certain requirements you must have

[@Windpower187]

Good idea dude

[@NickLoper]

Thanks for watching!

[@mr.khalilbashir]

How often do you have to hire or bring a helper to pick up a mattress? Can most of them go in the bed of a pickup truck? Or will u need a trailer?

[@joecoffee968]

That is my question

[@Hardworkbusiness]

Yes it can

[@spineventz7947]

always! almost all mattresses are 100-200 pounds

[@nocapnobs7845]

Bro this is what I need, something no one knows about. I just don't know if this happens in Canada.

[@NickLoper]

Unfortunately they're just in the US at the moment.

[@mr.khalilbashir]

What do you get paid to pick the furniture up? Or do you only get paid when the furniture sells?

[@NickLoper]

In most cases, my understanding is you don’t get paid for the pickups, only after the item sells. In certain cases where the item can’t be resold, I believe you’ll be compensated for the pickup.

[@spineventz7947]

$0 is a gamble, only get paid if it sells. you will have to drive up to 100 miles for each pickup

[@jJoseRose]

What is the name of the FB group?

[@NickLoper]

I believe the Sharetown group is private until you’re approved as a rep. The Side Hustle Nation group is here: www.sidehustlenation.com/fb

[@tiffanydrake1652]

Do you deliver to the customer or should they come to you?

[@NickLoper]

I believe either way works. Some reps I talked to mentioned adding a $25-$50 charge for local delivery.

[@tiffanydrake1652]

@@NickLoperthank you so much for your rapid response. Appreciate you....

[@garretgolden3856]

How many hours a week are you working to make 1500?

[@AP-gp5qz]

I work around 1 to 2 hrs per item or less

[@spineventz7947]

@@AP-gp5qz not to make 1500!

[@spineventz7947]

you will need to sell 5-8 mattreses, pickup at least 10-15 mattress a week. It will take you about 1hr each pickup, another 30min to 1hr to prep and post each mattress. Drive can be up to 100 miles. Preping is cleaning, removing stains, desincfecting, taking pictures, re wrapping.

[@spineventz7947]

@@AP-gp5qz lies!

[@truthm9491]

All I’m going to say is lies

[@NickLoper]

How so?

[@lilolme69]

@@NickLoper Because he is the kind that thinks everything is lies because he is too lazy to try something. You know the kind...

[@richl2723]

I suppose you came up with that because you've tried it right? LOL.

[@lilolme69]

@@richl2723 No, I have not tried it. I do not do manual labor. I build businesses and people make me money. But, I do know about this business and it is a money maker. If I was a regular person I would do this and make lots of money before I would be a clock puncher. Flipping couches, mattresses, appliances... 6 figures to be made in them all if you are a manual labor type of guy.