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$22,513 NET PROFIT - November 2016 - Ebay/Wholesale (Ryan Roots)

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http://skillincubator.com/Reselling-Riches-With-Ryan-Roots The Final Costs are actually $20,834.41 + $1700 = Net of $21,475.46 / It was a long night lol :) $22,513+ NET Profit! Full recap of our November 2016 Sales. From beginning to end! If you want to work with us RyanRoots.com Cheers, Ryan & Alli Roots -~-~~-~~~-~~-~- Please watch: "50 Items that SELL ON EBAY - ULTIMATE eBay Bolo List For Resellers | eBay Selling Tips | Ralli Roots" https://www.youtube.com/watch?v=VSq_AFPQN8Y -~-~~-~~~-~~-~-
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Text Comments (197)
Barbara A Jones (1 month ago)
OWNIN IT!!!! Proud of you guys!! AND I keep having to pause video because you kids make me feel guilty if I DON'T get up and list :) THANKS for just being Alli/Ryan & Callie!!!
newmedstudent (1 month ago)
Sounds like you guys are getting haters, typical when you are successful.
David J. MacKinney (4 months ago)
That is before tax, I would think the tax man will take at least a third.
RALLI ROOTS (4 months ago)
That's for our CPA to decide
Andrew Cole (5 months ago)
How do you spend $25,000 in a month just to resell and make back 25k. Wouldnt real estate be better for you guys now that you have plenty of credit and money??? You spent 20k on all that stuff that's scary what if people dont buy and your stuck with all that stuff?
RLZS (6 months ago)
Eff all them haters!! But haters also lets you realize you’re doing some right. Mainly because you got something they wish they had
Carol Baare (6 months ago)
You guys have helped me get motivated and I've been posting everyday... My sales have skyrocketed... Thx for the motivation 👍👍👍
Ryan Tomlinson (7 months ago)
Hey Ryan, one thing you missed on deductions is taxes to either the state or feds. So wouldn't your overall earnings be less than what you have shown?
Ryan Tomlinson (7 months ago)
+RALLI ROOTS nah. I wouldn't expect it. I'm Canadian. Taxes up here are different.
RALLI ROOTS (7 months ago)
of course, but taxes will vary based on deductions. We can't give tax advice on this channel.
Benjamin Ross (7 months ago)
Wow Ryan that’s awesome. You might be one of the highest earning resellers on YouTube!! I’ll look into your courses, I’m looking for a mentor who is consistently netting $10-$20 a month
Gemechis Erana (7 months ago)
You guys are amazing, thank you for all the wonderful tips you continue to put out.
Geo Bun (7 months ago)
who thumbed it down? zombies...
FEWS Products (7 months ago)
What do you used to keep track of all this?
Jeff & Ashley Wheeler (8 months ago)
How did you guys get started? Do you have a video about that? (I’ve been trying to look through)
RALLI ROOTS (8 months ago)
Jeff & Ashley Wheeler here you go :) https://youtu.be/sj38MZgRQO4
CRT (8 months ago)
Do you still do wholesale sales? And how do wholesalers find you if not on ebay?
Raymond Dowling (8 months ago)
Can I get a application
rikhi kaur (8 months ago)
Awesome! Nice video. Thanks for sharing your success story. Love this channel!
ARCTURUS (9 months ago)
Just tell the haters to pound salt in their ass its quicker then Math
hit girl (9 months ago)
I hate those haters
Jason White (1 year ago)
Hey Ry and Al, was wondering where do you primarily source wholesale lots from and do they go to one buyer or many different buyers per lot? Thanks.
RALLI ROOTS (1 year ago)
We currently have one consistent contact and others we buy a few times a month from here and there
Alex M (1 year ago)
You forgot about taxes to the IRS. $22,000 x about 25% = $5,500 less. Your net is about $17,000 not $22,000
Taylor Goines (1 year ago)
Can you do more detail into wholesale. How you set it up? Where you learned to source from. And how you found buyers (online because you said paypal, but outside ebay?)
RALLI ROOTS (1 year ago)
cool...except write offs ;) get a good CPA
kevin bowers (1 year ago)
Do you set a percentage aside for taxes?
RALLI ROOTS (1 year ago)
yes of course
John Gabriele (1 year ago)
Love it.... Man I can't wait to get good traction ... So buying the course as soon as I can... Luv the adventure eBay has brought us... We sold an old handmade doll (wife said that thing will never sell,me: well we'll just seen ;)...) yesterday evening and found out it's going to Germany this morning... Mind blowing we are so hooked !!!!
John Gabriele (1 year ago)
Hey... Would you ship a saucer plate wrapped in bubble in a envelope bubble mailer or make a small box??? .... I feel envelope mailers are shipped up right in a bin....
John Gabriele (1 year ago)
Where's the GPS option... My phone only shows first class international and ups options.... I don't see GPS selection....
RALLI ROOTS (1 year ago)
niiiiiice sale! we only ship using the GSP(global shipping program) that will eliminate a lot of your stress with int shipping.
John Gabriele (1 year ago)
How about usps just took eBay's international shipping away... Omg we were getting frustrated this morning cause it kept showing an error and not processing it....
Kevin (1 year ago)
Awesome video, awesome couple. Very smart avoiding eBay fees. Love the additional income stream. When could you do a video on how you promote and sell your wholesale products?
D. Garay (1 year ago)
Your sales are from items you bought the same month or months before? Because my sales of the month are from old listings I have. THANKS FOR SHARING AND GOD BLESS YOU GUYS. GOOD JOB!
D. Garay (1 year ago)
Thank you for taking the time and responding. You guys are awesome! 👍👍👍👍👍👍👍👍A++++++++
RALLI ROOTS (1 year ago)
this video is over a year old but most of the items would have been bought a few weeks before selling, our average items sits for 3 weeks max.
mrbitsnbobs (1 year ago)
thx Ryan, your far too generous with your info....
RALLI ROOTS (1 year ago)
:) just trying to help as much as we can
Ryan S (1 year ago)
You forgot tax man on the 22k..Have to love it.
RALLI ROOTS (1 year ago)
tax is different for everyone, you'd want to talk to a CPA which we are not. cheers
T W (1 year ago)
To be honest, what you're calculating is called EBITDA aka Net Income + Taxes for you. Net profit is after taxes that you'll pay when you file your taxes. It sounds like you're 1099 vs 1065 or 1120. I hope you don't see this as a negative comment. I do accounting so I do this on the daily. Anyways, ran into someone that knows you in St. Pete and that's why I'm here. Much love and props from across the Bay! (edited)
RALLI ROOTS (1 year ago)
cheers, fair enough lol. we are an s corp. everything is run through our business so yea, this is profit before taxes and overhead.
Point 4 Designs (1 year ago)
I love how I ask a question elsewhere surf ur channel and find the answer in another video CRAZY 😳
RALLI ROOTS (1 year ago)
:) yay!!
elaine duree (1 year ago)
Thanks for the great share! Would love to know how do you shop big items?
Alberto Garcia (1 year ago)
Where to purchase wholesale for these kinds of profits ? Liquidations or something
Mo Frescas (1 year ago)
Forget the haters! Also how do you find wholesalers? lol
RALLI ROOTS (1 year ago)
Nice find!! :) no worries, Casey is good people. He'll be in our next vlog actually.
Mo Frescas (1 year ago)
Thanks man! Thanks also to you and Rock Star for getting me started flipping stuff. Yesterday I found a 80's Zildjian jacket for $5 which goes for around 80-100$!
RALLI ROOTS (1 year ago)
:) hahaha! Gotta make the right connections. Start talking to other sellers in your area.
Sus Bail (1 year ago)
You keep doing what you're doing and let those naysayers swim in their jealousy!!!!
Seth Sullivan (1 year ago)
Nice of you to do but you really have nothing to prove, I strive to work for myself one day like you two do. People will be negative no matter what you do, I think yall are awesome and I'm grateful I can learn from you.
RALLI ROOTS (1 year ago)
Thanks Seth! much appreciated :)
Ben Day (1 year ago)
Great videos guys, really useful info. Can you share any more on how you cultivated the wholesale part of the business?
Daniel Olivieri (1 year ago)
do you have to pay tax on all this?? and whats wholesale selling?
mjp49ers (1 year ago)
I know am late, but great video. Question those taxes get accounted for in the other expenses? I see everyone talking about profit but no one talks about the tax implication?
Daryl Ogalino (1 year ago)
Thanks for making such great videos! I began my curiosity in this business but did not know how to start. After watching a couple of your videos, I am inspired to start my own business soon! It seems like nothing is impossible if you work hard. Please keep the videos coming! I love the material! And thanks again for breaking everything down to the basic T, because it makes it a lot easy to understand this whole business!
RALLI ROOTS (1 year ago)
You are so welcome!! we make these vids just for people like you! Glad you are getting some good information out of them :) cheers Daryl!
Milad (1 year ago)
I wish u were here in Australia
Milad (1 year ago)
so are u ausi or american?
RALLI ROOTS (1 year ago)
we lived in Perth, WA for a year.
What platform do you wholesale your merchandise. Is it eBay, Mercari or another? Thanks...,
RALLI ROOTS (1 year ago)
We have direct relationships with buyers. Not through any platform.
LOTUS DOLL LITTLE (1 year ago)
Where do I find ur reselling group how much and where I'd love to I been selling 2 years but I feel like I can't get over a hump I'm pretty good and not really lost but I'd like to earn more
Alec James (1 year ago)
I see you have great taste in t-shirts... **Subscribes** **also goes to closet and puts on same shirt... Inspiration is sweet**
RALLI ROOTS (1 year ago)
hey Alec. for sure. that is a recording actually. I'm there to answer questions though. shoot me an email [email protected] and I will send you the replay link
Alec James (1 year ago)
Mannn, I could actually use some help! I jumped in late by 40 minutes because I messed up on the time difference. Do you guys have a recording of the session you'd be willing to share with me?
RALLI ROOTS (1 year ago)
Awesome!! if there is anything we can help with let us know :):)
Alec James (1 year ago)
Dennng. Well I'm in on your masterclass for Monday night, looking forwards to picking your brain a bit =D
RALLI ROOTS (1 year ago)
very realistic if you work it right. we did almost $300k in our first year.
Sonny Mery (1 year ago)
yo what is up with those reptilian eyes? :O 9:00
RALLI ROOTS (1 year ago)
Sonny Mery lizard king 😉 must have been the camera angle
CANAL BRASUSA (1 year ago)
ANOTHER HIII FROM BRAZILLL
RALLI ROOTS (1 year ago)
CANAL BRASUSA BRAZILLLLLL!!!! 🇧🇷
Matt (1 year ago)
dude edit out when you write the things on the board. This video is like 3 times longer than it needed to be
RALLI ROOTS (1 year ago)
Avizing Gaming thanks for the tip 🙄
Jess Spoto (1 year ago)
Your eyes look like snake eyes! Like for real tho and not for fakes
blueyz1975 (1 year ago)
Lol. I thought the same thing watching this almost a yr later at one point!
RALLI ROOTS (1 year ago)
Jess Spoto snake eyes? Maybe I'm a sneaky snake 😉
Hayes S. (1 year ago)
Great video thanks for the info, are you done offering that reselling course?
X6VeNoMmAsTeR9X (1 year ago)
Just one small question, did you include reinvestment in your equation?
X6VeNoMmAsTeR9X (1 year ago)
RALLI ROOTS I think I understand now, thanks for clearing that up :D
RALLI ROOTS (1 year ago)
X6VeNoMmAsTeR9X mostly profit from previous sales. We've built our capital up to the point where it is self sustaining. We can take on buys without dipping into profits. Obviously, if there is profit left over at the end of the quarter it goes back into investable cash, we don't just go buy lambos for ourselves lol. 😂
X6VeNoMmAsTeR9X (1 year ago)
RALLI ROOTS But where does your capital come from?
RALLI ROOTS (1 year ago)
X6VeNoMmAsTeR9X no because we already have capital to reinvest. This is profit.
Gone Fishin" (1 year ago)
I want to do what you do...with a *bit* of a twist. I want to focus on shipping all my items for payment by BIT COIN or other Alt Coins. In other words we will not accept any fiat currencies. The reason? I know people with extra BTC or other Alt Coins are DYING to buy about anything with their Crypto-currencies. What do you think?
Michael Hasebroock (1 year ago)
Great job, Ryan. Thank you for the breakdown with the numbers
Brennan Anderson (1 year ago)
do you charge/pay sales tax on eBay?
andy pandy (2 years ago)
IV THE SAME TSHIRT AND I AM A TURTLE POWER ...MIDDLE NAME ..
andy pandy (2 years ago)
BITCOIN FOR EBAY NO FEES I NEED A JOB PLEASE ...
VOGELTRON (2 years ago)
If you have those margins on wholesale why would you even bother with eBay? Just curious unless its shit you can't sell elsewhere or damaged, returned, etc. Clearly there is a gimmick to all this.
Andrew Randall (1 year ago)
VOGELTRON and they made over 10k on ebay...that kind of money would keep me interested.
RALLI ROOTS (2 years ago)
exactly! the overstock/damaged items end up going to ebay. We wholesale all we can.
Michelle Gianni (2 years ago)
in you first example you said you sell an item on Ebay for $100 and their cut is $5.00. Ebay fee is 10% or am I missing something?
RALLI ROOTS (2 years ago)
Michelle Gianni you're right. Just an example, showing total fees @ 30%
Jeff Med (2 years ago)
You guys rock I cant stop watching your videos!!! So much information
RALLI ROOTS (2 years ago)
Jeff Med thank you! Glad you like them!
BradK (2 years ago)
I had an eBay business years ago...Bought stuff on classifieds and sold on eBay. I made over 900 on one sale that I put about two hours of time on...I only wish those big deals were consistent.
RALLI ROOTS (2 years ago)
BradK nice man. Yeah the deals are definitely out there. The more you work it and the more connects you make the easier it gets. We do deals like that daily now. Cheers 😊
Voidroamer (2 years ago)
how do you ship bigger items? And what do you mean by bigger items, like furniture?
Voidroamer (2 years ago)
alright, will do
RALLI ROOTS (2 years ago)
Voidroamer check out our 5 favorite ways to ship vid! :)
rosey days (2 years ago)
I'm glad you mentioned the word haters cause that's just what I was thinking when you started the video, some people just want the work done for them, love what your doing
RALLI ROOTS (2 years ago)
Thanks Rosey!! :) much love.
Ashfaq Sheikh (2 years ago)
How much does taking photos of so many items cost in time and money?
Ashfaq Sheikh (2 years ago)
I see. Thought so. Thanks.
RALLI ROOTS (2 years ago)
Ashfaq Sheikh nothing in money but it can be time consuming. Taking pictures and listing items is the most time consuming aspect of this business.
Lilly V Gutierrez (2 years ago)
cool shirt!
RALLI ROOTS (2 years ago)
Thhhaaaaannnkkkss :)
Darick Sparks (2 years ago)
Do you mainly use an eBay store? Running that at a 50% profit margin is pretty sweet, Thanks for the videos, I have started some FBA but thinking I want to start pushing eBay as well.
RALLI ROOTS (2 years ago)
Darick Sparks yes. We definitely have an eBay store. Needed if you're going to be selling a decent amount.
Darick Sparks (2 years ago)
Do you use the eBay store option? It seems like the lower fees and the option to turn on a vacation mode and leave for a week would be nice.
RALLI ROOTS (2 years ago)
Darick Sparks we do FBA and wholesale as well. Margins are probably the highest on eBay but it takes more work than FBA. Gotta do them all :)
Oldpluto (2 years ago)
I'm new to this, love your videos!  Great net profits but what about sales and income taxes? I never see anyone mention taxes when talking gross and net income on their YouTube channels.
RALLI ROOTS (2 years ago)
thanks so much! yes, we definitely have to account for sales/income tax as well. Hard to incorporate taxe information into videos for legal reasons..
Solomon Green (2 years ago)
what if I just want to do bookscouter is there money to be made doing that
Solomon Green (2 years ago)
i have some book for sale
RALLI ROOTS (2 years ago)
Solomon Green yeah there's definitely a lot of money if you can source the right books for the right price. Just takes some time and use of the right tools. FBAScan is your friend for books lol.
Jonathan Jones (2 years ago)
Do you have a catalog of the wholesale items you sell?
Jonathan Jones (2 years ago)
OK thx
RALLI ROOTS (2 years ago)
Jonathan Jones they change almost weekly depending on what we get in. We make manifests and send them to our wholesale buyers
Kelly Bruton (2 years ago)
I love your videos. You guys make me believe that I can do this and succeed doing it. I appreciate you so much! Thanks! Keep the videos coming. Please and thank you ☺
Now Emily (2 years ago)
'this is my cheat sheet, don't judge me' says the big tattooed guy in a ninja turtles t-shirt. 😂😂😂😂 love your videos!!
RALLI ROOTS (2 years ago)
Emma Martin hahaha 😊😊😊 thanks Emma!
Diego ElGuapo (2 years ago)
Hi, am new in this business, my question would be, are you guys outhere shopping everyday, or do you guys have only certain days during the week?
kori woiwod (2 years ago)
you broke that down perfectly.
RALLI ROOTS (2 years ago)
kori woiwod cheers! :) glad you liked it
Eddy Laboy (2 years ago)
Hi Ryan, awesome vids thanx, quick question, do you and Alli have separate Ebay accounts, or do you share the same account? My wife and I are debating, thx
Eddy Laboy (2 years ago)
Ryan Roots thanx! U guys are awesome....
RALLI ROOTS (2 years ago)
The Vegan Rican we have multiple accounts. Makes it easier, if we want to separate certain inventory.
Nomad Ethics (2 years ago)
all those haters are the one with no dreams and love their 9-5
RALLI ROOTS (2 years ago)
:) preach it! lol
Relics Consignments (2 years ago)
Just a quick question: Have you tried or have product that fits the recommend Etsy selling Platform.
Relics Consignments (2 years ago)
Yea I can honestly see that as well..... To dead for me, but have less headaches than dealing with eBay....
RALLI ROOTS (2 years ago)
hey there, yea we've sold on etsy before, just not a huge market. I see etsy getting absorbed into another platform at some point.
ae86miami (2 years ago)
Never trust a grown man wearing a kids ninja turtles shirt.
Nick Shelton (10 months ago)
Say's the horse chode with probably the nicest car they will ever own as their profile picture!
Aussie Flipper (2 years ago)
Never trust the opinion of a person who judges another persons trustworthiness Solely on the shirt they wear... lol ;P
RALLI ROOTS (2 years ago)
ae86miami this might be my favorite comment so far :) :) :)
SwagGod 22 (2 years ago)
you got my sub looking to learn something new.. eBay seller
RALLI ROOTS (2 years ago)
awesome! thanks for watching! keep that swag strong ;)
kevin joseph (2 years ago)
November--what did you buy wholesale? I am not a pro seller, just wondering.
bungerama (2 years ago)
Thank for sharing this info. Very good to see real numbers from someone doing this full time! Your Great!
Dom Geo (2 years ago)
I'm not sure where to start......found out about you from Ryan Dunn..... got inspired and starting selling on ebay....$246.97 total income in less than 60 days! Where are you buying wholesale lots? looked into pallets and it's a no go...... too much money for mostly junk. have plenty of start up $$$$$ please point me in the right direction! Please keep it up! love this channel!
do you have employees? do you buy at thrift stores or you buy bulk? Just found your channel.
RALLI ROOTS (2 years ago)
yes...well we work on our business full time - reselling makes up about 30hrs a week of our time :) we have investments in other businesses as well.
awesome thank you for responding. are you and your wife both full time into the business?
RALLI ROOTS (2 years ago)
typically its just the two of us. when we have big loads to sort through we do have a couple super trustworthy friends we call and pay hourly. We buy from lots of different places, thrift stores, garage sales, auctions, wholesale etc etc.
Kurt Lemke (2 years ago)
Where can I get information on your classes for reselling??
Sinewave Vortex (2 years ago)
You also look a bit like Dub FX!
Sinewave Vortex (2 years ago)
You look a bit like Olly Murs! :)
Sinewave Vortex (2 years ago)
:)
RALLI ROOTS (2 years ago)
hahaha, i can kinda see both of those ;)
Brent Peluso (2 years ago)
Going to do 4 hours every Sunday. Doing the #2017FlipChallenge ps love the tmnt shirt :)
dwayne wilson (2 years ago)
is it an s Corp or llc or c corp
RALLI ROOTS (2 years ago)
dwayne wilson S corp
dwayne wilson (2 years ago)
how are the taxes any benefits if possible
RALLI ROOTS (2 years ago)
dwayne wilson you'd want to talk to a cpa but I can tell you we run everything under our Corporation, so we can write off all our expenses etc.
bitcoin web design (2 years ago)
Thanks for the Video! Great information!
Timothy LeFlore (2 years ago)
Great info. and keep up the great work Ryan.
RALLI ROOTS (2 years ago)
thank you! I appreciate it
Kristof D.B (2 years ago)
Ryan thx for the tips my first 2 weeks on ebay €300 profit :)
RALLI ROOTS (2 years ago)
HELL YEAH!! Keep it rockin
RC Clark (2 years ago)
Great video Ryan. Keep this great content coming!!
Income Strategy (2 years ago)
Hey Ryan, what inventory system do you use?
RALLI ROOTS (2 years ago)
ThriftyTruckers we use our own inventory system. It's called labeled buckets lol! Everything is tracked in spreadsheets and finances handled by our cpa.
Dreamcatchin Bebo (2 years ago)
I video as well on why you pick BIN 99% of the time. thamks
Dreamcatchin Bebo (2 years ago)
Great video Ryan. thanks, hitting my first estate sale this Saturday. yes please, I video on how to find wholesalers.
Tom Hill Fishing (2 years ago)
Great video Ryan, do you think it's better to sell a lot of small items on eBay with small profit margins, or sell the occasional bigger item with a bigger profit margin, or does it just depend? Also now is obviously a good time to be an ebayer, but after Christmas will eBay go dead? Thanks
Tom Hill Fishing (2 years ago)
Ryan Roots thanks
RALLI ROOTS (2 years ago)
depends on how much work you're wanting to put in and if you're able to consistently get those higher priced items. I much prefer dealing in higher priced items. This is somewhat seasonal but remember, ebay is always open 24/7/365 - this is what we do full-time not just on the holidays. Consistency is key. We do almost the same numbers "off season" as during the holidays.
Chris Dunn (2 years ago)
All I wanna know is how much for that TNT shirt? ;-) But seriously, absolutely awesome stuff Ryan! Keep up the amazing work man!
Jenna Marie (7 months ago)
Ryan your warehouse wear and tear on your car gasoline and taxes are all cost you never seem to talk about
Nick Alvarez (2 years ago)
Ryan, i firstly wanted to say thanks for this channel, it is a great insight into reselling. I wanted to ask what about your wages and the wages of any one else that works for you? I appreciate you may not want to disclose that info, just trying to get like a bottom line done and done profit if you catch my drift.
RALLI ROOTS (2 years ago)
hahaha..you know I love dem turtles. Cheers bud!
Christopher Baumann (2 years ago)
Great stuff! I love your Garage Sale/Thrift Store/etc tactics and they work but... Can we only learn about how to build a wholesale operation from your training course, or will you be doing videos on that as well?
RALLI ROOTS (2 years ago)
I will be talking a little about wholesale but that is primarily reserved for our students yes. We really have found ways to scale that we just can't release to the general public.
Income Strategy (2 years ago)
Every business has haters. alot of people do not like to see others succeed. As you already know we own a trucking company, i.e. Carrier Company. We own 2 trucks and 2 trailers (18 wheelers) and right now you are blowing us out of the water. Our expenses are astronomical. I just put $21,000 in our 2 trucks in repairs amongst many things like taxes, taxes, and more taxes. Plus insurance, fuel, etc. etc. etc. I could go on and on. We are tired of it that's why we have set up our commercial building to sell on eBay and Amazon, hopefully get into wholesale and private label. We just sugn uo our e-commerce site. Spent about $3,000 on product so far and we will be listing on Sunday. We have that knack for finding low priced items that will return a great profit like you and your wife. You and your wife are a great inspiration. Your both very smart entrepreneurs. Thanks for the video.
RALLI ROOTS (2 years ago)
Of course! You guys really seem like you'll crush it. Cutting your teeth on other businesses definitely gives you the stamina you need to build a big resale company. I'm excited to see your progress :)
Scotty Thomas (2 years ago)
What type of listing do you do on eBay? Do you do auctions or strictly just buy it now?
RALLI ROOTS (2 years ago)
99% BIN with best offer. There are plenty of was that work that's just what works best for us.

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