How To Flip Money: 20 Easy & Legal Methods
Do you want to learn how to flip money?
In this article, we will go over 20 awesome methods that you can use to flip cash easily and legally!
As you’ll see, there is no magic way to turn your money into more money but there are some pretty easy methods that you can do to flip your money.
Let’s check them out…
How To Flip Money Easily
If you want to learn how to flip money easily then one of the best things you can do is to start flipping items.
You can flip pretty much anything for a profit as long as the item holds value so I highly recommend doing this!
All you need to do is purchase items for a cheap price and then re-sell them for a higher price.
It’s that simple!
Flipping items is a great way to make money quickly by turning your money into more money and if you are interested in doing this I recommend checking out this free webinar.
This webinar is awesome because it will teach you how to flip items for a profit and it’s free so you have nothing to lose!
Now, let’s get into all the best ways you can flip money…
Flip Odd Items For Cash
If you really want to know how to flip money then you should consider flipping odd items.
Odd items are pretty much any items that there is a market for that you can purchase below value.
For example, you can go to yard sales, garage sales, or thrift stores, find a wooden chair for only $10 and sell it for $30 or more.
In this example, you’d 3X your investment but some items can get you 50X or even 100X!
It’s a really simple way to flip money because you are using your money to purchase undervalued items and then sell them for a profit.
Then just keep doing this over and over again to make a lot of money!
My friends Rob and Melissa buy and sell items and they consistently make over $100,000 per year from simply flipping things.
And get this… they want to share their tips with you and that’s why they are offering a free webinar so I highly recommend checking it out.
This webinar is only available for a limited time only so if you want to learn how to get money flipping stuff then definitely check out the webinar now!
House Flipping Business
Another way to flip cash through real estate is to become a house flipper.
A house flipper is someone in the real estate business who buys houses and then re-sells them for a profit.
You can either purchase undervalued houses and then sell them as-is for a profit or you can purchase houses that need some work and fix them up and then sell for a profit.
This is definitely much more work than flipping small items but this has the potential to make you money fast.
You can make $100,000 a year by flipping 1,000’s of small items but with house flipping, you can flip one house and make $100,000!
This is a great way to turn your money into more money but it’s a lot of work so just make sure you are up to the challenge of flipping houses.
Retail Arbitrage For Profit
Another way to flip money that is similar to flipping odd items that you can use to get money is retail arbitrage.
Retail arbitrage is simply the act of purchasing items at one retailer and then re-selling it at another retailer at a higher price for a profit.
For example, you can purchase a kids’ toy at Walmart for $10 and then sell it on Amazon for $15 which gives you a $5 profit.
With retail arbitrage, you most likely won’t make the high percentage ROI like you will with flipping odd items from private sellers but there is still a good amount of money to be made from retail arbitrage.
In fact, Ryan Grant is a retail arbitrage master and he makes millions from simply buying items at retailers and then selling them on Amazon.
He is sharing all his secrets in his affordable Arbitrage Accelerator Challenge course.
This course is awesome and you will learn exactly how to make a good amount of money buying and selling items with retail arbitrage in just 30 days!
Flip Artwork Online Easily
If you are an artistic person that has a keen eye for paintings and other art forms then you can flip art for money.
You can find undervalued artwork and then sell them for a higher price or purchase artwork that you know will be worth more later on.
This can be pretty tough because you will need the appropriate knowledge to flip artwork and it can take time to make money but you can take the short route with Masterworks.
Masterworks is a platform that does all the research for you and allows you to purchase shares of artwork and sell them later on for a profit.
It’s similar to stocks but instead of investing in companies, you are investing in art.
If this sounds like a method you’d like to try out then I recommend checking out Masterworks.
It does take time to sell art for a profit but if you are patient then this is a great way to make money!
Stock Investing To Flip Shares
While this is really not a method usually thought of on how to flip money, stock investing is a great way to turn your money into more money.
By investing in stocks you are purchasing pieces of companies and as those companies grow, so do your stocks and you can then sell your stocks for a profit, which is kind of a way to “flip stocks”.
You can invest in index funds with brokerages such as Wealthfront, Vanguard, and Fidelity, or you can invest in individual stocks with platforms such as Robinhood or Webull.
Investing in stocks is a great way to use your money to make more money so I definitely recommend investing in the stock market if you aren’t already because it’s a proven way to make money.
Flip Your Spare Change
How would you like to turn your spare change into more money?
Yes, you can actually use your spare change to make yourself more money and it’s really simple!
All you need to do is sign up for an Acorns account and that’s it.
Acorns is an investment platform that lets you round up all your purchases to the nearest dollar and then invests the difference for you.
No need to remember to invest your money and no need to pick stocks, Acorns does everything for you for just $1 a month.
I highly recommend checking out Acorns to turn your money into more money!
Flip Money With A Easy Bet
A really interesting way to turn your money into more money is to win a simple bet that’s in your favor.
HealthyWage is a betting platform that you can use to make money quickly for simply losing weight!
All you need to do is sign up for a free account and then choose how much weight you think you can lose in a given time frame and if you achieve your goal you will win money.
You will have to wager a set amount of money for the bet but as I said the odds are in your favor because you are in control of how much weight you can lose.
If you are trying to lose weight then why not try out HealthyWage to make money for doing it!
Re-Sell Books For Profit
You can also flip books for money online.
I know that ebooks have taken over but many people prefer physical books over ebooks and you can make money flipping physical books.
You can buy physical books for less than they are valued at and then sell them for a higher price.
Plus, certain books are valuable so if you can get your hands on these types of books then you can make a good amount of money.
Definitely consider this option if you want to make some money into your PayPal account or Cash App.
Flip Websites Online (Digital Real Estate)
If you want to know how to flip money legally then a great way to do so is to flip websites.
Websites are considered digital assets because they can be used to make people a lot of money.
And the thing is… many people with websites really don’t know how valuable their website is.
This means you can buy websites for less than what they are worth and then sell them for a profit!
There is a lot that goes into valuing a website so if you are interested in this method then I recommend checking out this course.
This course will teach your exactly how to value websites, purchase websites, and start website flipping for a profit so check it out.
Flip Domain Names
An easier method than flipping websites that you can use to make money quickly is to flip domain names.
Domain names are just the URL address for a specific website such as Google.com or Savebly.com.
You can purchase domain names and then if a company or person wants that domain name for their business then they will place an offer to you for the domain name.
All you need to do is buy and sell domain names at a higher price to make money flipping domain names.
It’s easier than flipping sites because you don’t have to value an entire website.
If domain flipping sounds like something you’d like to learn how to start flipping domains then I recommend checking out this course.
This course will teach you everything you need to know about domain flipping so definitely check it out!
Start A Business
While starting a business is not usually thought of as a method to flip money, it can be a really great way to turn your money into more money.
You can invest your money into a business and as your business grows you can make more money than you put in.
There are great simple businesses you can start from home like a candle business, woodworking business, locksmith business, etc…
With the power of the internet, you can start a business right from home and sell your products or services online!
If you ever wanted to start a business then definitely try it out because it’s out of the best ways to make a lot of money.
Flip Your Unused Rooms
Another great way to make some extra money is to flip your unused rooms.
I know this is not really a way to flip money but it’s a great way to turn something you already have into a cash-generating asset.
If you have any spare rooms in your home then you can rent them out to travelers to make some extra cash!
This is a great way to make some extra money by flipping an unused room in your home so if you are comfortable with this method then just list your room on Airbnb to make money.
It’s a great money making opportunity so definitely consider it!
Make Money From Your Unused Space
Another method that is similar to flipping your unused rooms is to make money from your unused space.
With this method, you can make money from unused spaces in your home such as closets, garage, basement, etc…
All you need to do is sign up for a free Neighbor account and people in your neighborhood will pay you to hold items for them in your unused spaces.
I know it sounds strange but everyone on the platform is vetted and you get to inspect the items you will store for people before you agree to do so.
It’s a great way to make some extra money so I highly recommend checking out Neighbor!
Start Land Flipping
We went over flipping real estate earlier but a similar method you can use to turn your money into more money is land flipping.
With land flipping all you need to do is purchase physical land and then sell it for more than what you purchased it for.
Plus, the benefit that this method has over real estate flipping is that you don’t have to deal with all the extra costs and headaches that come with houses.
If this sounds like something that you’d like to do then learn more about land flipping here.
Use Affiliate Marketing To Flip Money
One of the best ways to flip money online is to become an affiliate marketer.
An affiliate marketer is someone who promotes other people’s products or services and gets a commission when you generate a lead or sale.
So, you are not selling anything at all, you are just helping companies and entrepreneurs make sales and they will pay you for it!
It’s best to either have a website or YouTube channel to succeed at affiliate marketing but it’s not necessary.
If you’d like to learn more about affiliate marketing I recommend checking out my post on making money on Pinterest with affiliate marketing.
Flip Your Car (Without Selling It)
With this method you are not actually selling your car, you will rent out your car when you don’t use it to make some extra money.
You can use Turo to rent your car to people when you are not using it and you can make $1,000’s for doing this!
All you have to do is sign up for a free Turo account and then list your car to be rented.
There are some requirements for which car you can list such as it has to be less than 12 years old, have less than 130,000 miles, be worth less than $150,000, etc…
The requirements are not strict so you will be most likely able to list your car on Turo to make money.
Plus, the cool thing about Turo is that you can set the availability dates for your car to be rented so nobody books your car when you have to use it and you can set limits on how far someone can drive with your car.
Also, all renters have to pass a background check so nobody will damage or steal your car, and you are covered up to $750,000 in liability insurance!
You are safe and you can flip your car to earn cash with Turo so I highly recommend checking it out!
Use A High Yield Savings Account
A really easy way you can turn your money into more money is to store your money in a high yield savings account.
I know… I know… it’s not a really cool or interesting method but it’s really safe and easy so I highly recommend doing this.
Most of the big banks like Chase, Bank Of America, Capital One, etc… have really low interest rates on their accounts so you will only get a few cents for storing your money with them.
Online banks such as Ally and CIT Bank have much higher interest rates and you can earn $100’s to even $1,000’s every month by simply storing your money with them in a bank account.
Your money is FDIC insured and you will have access to all the tools that the big banks have but the only downside is with online banks there are no physical locations you can go to.
However, Ally and CIT Bank have great customer service so you are not missing out on much by not having a physical bank location.
To put it into perspective, Chase currently offers 0.01% interest on their savings account and CIT Bank currently offers 0.40% which is 40x more!
This means if you have $5,000 in a Chase savings account you will earn only $0.5 but with CIT Bank you will earn $20.
It’s pretty much free money so definitely check out CIT Bank for your bank account to essentially flip money easily!
Start A Blog To Flip Content For Cash
To answer the question on how to flip money we already went over starting a business and even though running a blog can be a business I added it as a separate item due to how awesome blogging can be.
Starting a blog is a great business for beginners because of how cheap it is to start.
You can start a blog for less than $5 a month and you have the potential to make six figures or even seven figures!
It’s one of the best ways to make money online but I’m not going to lie to you it’s a lot of work and it takes time to make money so just keep this in mind.
Blogging is great because you can start with a small investment and grow it into a thriving business that can make you a lot of money!
With blogging, you can use your words to make a profit and it can eventually make you thousands of dollars.
If you are interested in starting a blog then I recommend checking out my post on blogging for beginners to learn how you can set up a successful blog.
Use Drop Servicing Online
A very interesting way to flip money legally is to start a drop servicing business.
Drop Servicing is a business model where you sell services that you don’t provide to customers.
I know this sounds strange but let me explain…
I’m sure you have heard of dropshipping before which is the business of selling products to customers but instead of you having the products to sell, you purchase the item from another seller and ship it directly to the customer and keep the profit.
Well… Drop Servicing is pretty much the same as dropshipping but instead of products, you are brokering deals for services.
For example, let’s say you see a logo design service on Fiverr for $15, you can create your own logo design service on your website, social media profile, etc… and set the price at $20.
Now, when someone purchases the service from you for $20 you purchase the service from Fiverr for $15 and let them complete the work and you provide it to the customer.
You just made $5 easily! Then just keep doing this over and over again to make a lot of money!
It’s a very simple business model that can be very profitable but you just have to make sure you set up the business correctly and this is why I recommend checking out this course.
This drop servicing course is awesome and will teach you everything you need to know about drop servicing so definitely check it out!
Flip Your Knowledge
Another way to flip money is by actually flipping your knowledge.
If you have knowledge in a certain subject then you can help those that are looking to learn by either tutoring them and getting paid via PayPal or Cash App or creating online courses.
You already have the knowledge on the subject so why not use it to make some extra cash!
Tutoring is great but creating online courses is the real money maker.
This is because when you create an online course you are basically doing a tutoring session once and then reap the benefits for years as people purchase your course online.
It’s a great way to earn cash so if you are interested in creating online courses then I recommend checking out this course.
Taking a course on how to create courses is pretty strange but trust me there is a lot that goes into it so you have to make sure you do it right!
Become A Real Estate Wholesaler
Last but not least, a great way to flip cash is to become a real estate wholesaler.
A real estate wholesaler is simply someone who locks a house under contract and then sells that contract. for more money!
No need for buying land or houses, with this method you can get into the real estate business right from the comfort of your own home.
It’s a really simple process but you do need to learn the best methods to get started so I recommend checking out this course.
With this course, you will learn exactly how to become a successful real estate wholesaler so I recommend checking it out!
If you don’t want to flip houses or land then this is a great option for those who want to become real estate investors without the stress.
Important Note About Flipping Money
When it comes to flipping money there are a lot of scams out there that promise to give you money for a small investment up front so be very careful.
Watch out for Pyramid or Ponzi schemes which are classic scams that involve people recruiting you which costs money with the opportunity to make a lot of money.
These scams are pretty obvious so definitely don’t fall for them.
Other scams include fake emails that say they are giving away money, certain gambling or betting sites, lottery winnings, etc…
The simple fact is that if it’s too good to be true then it most likely is, so be careful on how you choose to flip your money.
Now you know how to flip money with 20 awesome methods!
You should definitely find ways to use your money to make more money and these methods in this article can definitely help you do so.
If you liked this post then I recommend checking out my posts on 41 Best Ways To Get Free Money Right Now and How To Get Free Money On PayPal Easily!
Have any other ways to flip money? Do you use any of these methods? Let me know in the comments below!