Chattel and such
 

Gordon,

I am wondering about your chattel report. It sounds good but how do you know, or know with some certainty, that the items you buy on speculation can be sold for a profit? Do you ever get stuck with things or wind up getting rid of them at your cost or less?

If you learn value, you make less mistakes.
 

If you take your time to learn the prices things
are going for in your neighborhood, you'll come to
recognize a bargain when you see it. But that comes with experiance and the only way to get
experiance is to do it. Get started.
Start by going to flea markets, auctions, garage
and estate sales in your area until you have a
feeling for what sells and and for what price.
Then when you see something that is low, buy it
and sell it at the local market price, making a
profit.

> Gordon,

> I am wondering about your chattel report. It
> sounds good but how do you know, or know
> with some certainty, that the items you buy
> on speculation can be sold for a profit? Do
> you ever get stuck with things or wind up
> getting rid of them at your cost or less?




Thrift Store Riches

Re: Chattel and such...at auction
 

> but how do you know, or know with some certainty, that the items you buy on speculation can be sold for a profit?

Jeff,

Like Gordon said, the key is "buying right". You must know your market. Check the going rate in the local adsheets or thrifty nickel papers. Then when you find something "below market", you buy it, take it to market, and pocket the difference--your profit.

Another way is to check the prices on Ebay. Do a search on Ebay...see what a particular item is bringing at auction. Compare that to your local pricing. Maybe you can buy off of Ebay and sell locally, or buy locally and sell on Ebay.

The auction route involves shipping costs.

With "Gordon's way", you buy here, and sell there. The key is the quick flip.

Either way, local chatteling, or online auctions, the main thing is to "Buy and Sell", not "buy and hold".

Be blessed,

JDB




Hot off the press..."Online Auction Basics 2002"

Hey JDB!
 

JDB!

I heard the Mini Cooper is going to be re-released!

Maybe I can get a larger (by a little bit) version of the one you sent me!

:-)

Happy New Year!

With Purpose and Passion,

Julie


The Secret it Out!

Hey JJS!
 

JJS,

I saw a yellow Mini-Cooper in a movie recently (can't remember which movie) and instantly thought of you...

I hope you and your new son and his big sisters are doing well. I pray God's blessings for you in the coming year.

Be blessed,

JDB


Celebrate OAB2002 Now!

The Easiest Way To Buy
 

The best things that I routinely sell I get for FREE or $5-$10. This is stuff people just want to get rid of. Haven't you ever had something that you just wanted to get rid of without wanting any money for it? These people CALL ME to come get it. Little if any negotiation, just come and get it. And I pick and choose what stuff I want and take only the good deals.

This makes selling real simple. You can price it whatever you want without having to worry about much, if any, investment. Any money you make is almost pure profit. This makes a great deal for the buyer, and eliminates the back and forth negotiating for you because it is a good deal. Save time=money.

How did you get in this enviable position?
 

Re: How did you get in this enviable position?
 

Simple, as Don Lapre says, "Tiny Classified Ads", I put an ad in the local paper that sez:

I'M BUYING: Things you don't want. Call xxx-xxxx

And get tons of calls.

Follow-up Question
 

John:

Curious as to how you then sell. Classifieds in Pennysaver, Thrifty-Nickel, etc. or do you have a network of buyers?

Thanks,

Tim Spencer

> Simple, as Don Lapre says, "Tiny
> Classified Ads", I put an ad in the
> local paper that sez:

> I'M BUYING: Things you don't want. Call
> xxx-xxxx

> And get tons of calls.

Re: Follow-up Question
 

Hi:

I place another ad for what I am selling in the same free paper, just in a different category. I don't have to sell my stuff in different areas because I have such a small investment in the items. In fact, I'm writing my sell ad for next week now, it goes:

Goodies! White GE gas stove, $50,

4x6 large entertainment center $25,

professional carpet cleaning extractor

$350, skillsaw $10. call xxx-xxxx

I have 2 other ways I sell stuff fast, and ideas on items that are always in demand that let me take $10 and turn it into $150 over and over. The only drawback is it takes about 2 hours work. I'd like to get into this more but it requires some explaining, maybe I should put a booklet together.

> John:

> Curious as to how you then sell. Classifieds
> in Pennysaver, Thrifty-Nickel, etc. or do
> you have a network of buyers?

> Thanks,

> Tim Spencer