I have a pretty good knowledge of shoes and which ones that has a higher resell value, for instance I just bought the off-white UNC 1s for $400.00 and I have a buyer that is wanting to pay over $1,000 for them. They sell out so fast. At least, it seems to be based on the fact that even ESPN does sneaker segments now.This is why I love your site Nick! But keeping things real now, Travis Scott’s upcoming Air Max 270 has to be one of the most awaited releases and one of the best sneakers to resell in 2020. I will come back to let you know how I’m doing! I’ve sold over 50+ shoes but my money hasn’t been well managed!

Why do you mention buying shoes on “Footlocker or Eastbay at retail price”? Nothing else.

I would love to get some advice from someone like you who obviously knows the market well and has quite a bit more experience than myself. Most people found to be evading taxes in an audit is subject to audits of their return every year going forward as well.

Do I need to start an LLC for my eBay business? Hire an accountant? I just do not how to start selling because after looking to apps it would be easy if I get them before released so I mean how I would get pre released shoes.

Yes, I did chec k the “sold” items on ebay and the averages are not on the reseller side. Sell them quickly. I really want to score a pair of the reflective shoes as those sell for way over retail. I bought a text book about 3 months ago for 50 cence. I am really intrigued and have been watching lots of YouTube videos about this.Hello, Im Quin ive been reselling for about 2 months now, Ive been pretty successful with new releases. After a few anxious days of waiting, I was able to flip them at $1200 for a profit of about $200.

Many people selling shoes now and they mostly not profiting anything. !Hey JV. You have to hustle for months maybe even years. I will work smarter! The yeezys have lost those value and I really want to keep selling shoes as a side hustle. I started reselling shoes and it’s been a roller coaster! Put it that wayA pair of real Yeezy’s is about $550-650………..and he was making $500 PROFIT? One of the main reasons your hustle worked is that not everyone and their mother were doing it. He now sells to Flight Deck, takes a 20% commission hit, has to pay shipping to them but at least he is guaranteed not to get screwed by unscrupulous buyers and ebays commitment to ALWAYS side with the buyer.Is it best to hold on to a pair of “rare” shoes when you get them at release?

This is against the ToS for most sites. In this case, it’s a game of spotting deals at thrift shops and yard sales.
It seemed pretty time consuming to me, but you make it sound like it isn’t so bad. My brother showed ebay all the proof of purchase, screen shot of “winning”, shipping, even credit card slip for the purchase and shipping. I suppose he thought I was giving it away for free. My recommendation if you’re planning on doing this as anything more than a passing hobby is that you figure out the tax and business thing now.This guy is profiting 10k/month?
It’s old now and honestly looking at prices in all the websites you linked I dont see practically nothing that would be profitable selling at ebay. Growing up a basketball player, it came with the territory. If I had been found to actually have owed the tax, they would have expanded the audit to previous years. In this realm, people were paid based on their trading performance, making millionaires out of some from blue collar backgrounds.Because I was so inspired by traders, I first tried my luck trading stocks — but ultimately lost money.Still the opportunity to make money like traders do, by buying low and selling higher, made a lot of sense to me.I decided that, rather than dealing with speculating market forecasts (i.e. Lately, it’s been a hit or miss on what once was always a must-cop.Gone are the days where Yeezys will be over $1,000 in resale, however, most Yeezys, including these ones, will still hold respectable resale value.Expect the projected resale value of the ever-popular 350s hovering around $300.It wouldn’t be a formidable “Hot Release” article at all without a proper Jordan brand feature, would it?Frankly, Jordan sneakers are household names, as everyone knows their value and limited stock. Waasup man im trying to get into reselling shoes and need help on finding where to get shoes to resell and advice on how to go about it, the article was extremely informative and helpful. I sold them hours later for $300 — an $80 profit after shipping and fees.It was the quickest and easiest money I had ever made.

Do you have any tips? so obviously you’ve given up the gig for a reason you’re not telling and your next hustle is selling a book on your former hustle.