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

Re: Follow-up Question
 

Hi John,

Thanks for this info. Is that one ad listing all items or do you list them separately around the paper? Work on the booklet okay?!?!

Debbie

> 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.




Bonsai Plants Online

Re: Follow-up Question
 

Thanks for the answer! Sounds interesting. And I'm sure many want to hear the $10 to $150 method. Probably worth paying for if you do a booklet.

Thanks,

Tim

Re: Follow-up Question
 

Hi Debbie:

I put everything together in 1 ad. It saves me money doing it this way with a lot of small dollar items. I also have learned not to get to "cute" with the ads or people wonder what you are up to. You want (and are) to be just another private party trying to get rid of some stuff.

I do not network too much either. It brings unwanted attention to what I'm doing. I try to keep a low profile and quietly make an extra $300-500 per week . . . cash money.

> Hi John,

> Thanks for this info. Is that one ad listing
> all items or do you list them separately
> around the paper? Work on the booklet
> okay?!?!

> Debbie

John, One more thing
 

John,

Can you say how you evaluate if something is
a good buy to resell? For instance, if you
saw a health rider or an exercise machine that
was popular a few years ago would you first check
ebay or online sites to see what it is going
for there? How would you know if something is
obsolete?

Debbie


Cheap Long Distance Calling

Advance On Publishing
 

John:

Decide to do the book, let me know, and I'll send you an advance for it - BEFORE it's even written.

So that's my "order before it's written," Gordon's once it is written... and I'm sure the others in this thread would make the investment and kindly reward you for sharing your knowledge and experience as well, if you do the book.

Which email address do I PayPal the funds to?

Michael Ross.

I'm in!
 

John - count me in as a buyer. Please make sure you include Gordan's "little twist":-) in your booklet.

As a "below the radar screen" chatteler myself, I applaud your style and look forward to your product. Thanks for all the free advice in this thread.

Bob

Re: John, One more thing
 

Hi Debbie:

If it is sporting goods you are dealing with, I would probably just make a few calls to either a used sporting goods store (like Play It Again Sports which is a store around here) or a pawn shop and see what they are selling those types of items for. You may not get the EXACT item, but you would get an idea what an older exercise bike might go for, or at least a ball park. That way you would have a better idea on what to offer someone if they were looking to get rid of it.

Plus, you want prices in YOUR area. You might even ask a store or pawn shop what they would buy a used health rider for.

Personally, I sold a health rider for $50. I got it free. I would not pay more than $10 for one since they are not as popular as they once were.

As far as being obsolete, most of the stuff you are dealing with is old, usable and has some value. I guess when I think obsolete I think of something like an 8-track player, there is little value for those now, except for a few folks.

Hope This Helps,
John

> John,

> Can you say how you evaluate if something is
> a good buy to resell? For instance, if you
> saw a health rider or an exercise machine
> that
> was popular a few years ago would you first
> check
> ebay or online sites to see what it is going
> for there? How would you know if something
> is
> obsolete?

> Debbie