2 Ideas for Buying and Selling Yeilding $1500 with $0 investment

Hi:

I have been very busy off-line working my primary business and buying and selling. I have been also working hard to get the book done and it will be soon, I have about 15 pages done with more to go. I want it to be GOOD, not some slop thrown together that has no substance.

I had a pretty good week buying and selling, with 2 great finds, maybe what I did can spark ideas of your own.

First Deal: I happened to notice remodeling going on at an office building downtown and saw a large copy machine sitting in the corner. There was a guy was working and I asked him if they were going to throw out the copier. He said "yes" they are, the old tenants LEFT it there because it was too bulky to move. I asked "does it work" and the guy said "yes, it works fine". I said I would take it and save them the back ache. He said "great". Later that day I plugged it in and everything looked like it was in working order and told the guy I'd get it later in the day. I loaded it up and went to the office machine retailer in town. I asked the guy how much it was worth becuase I had no idea. He said in that condition around $700 retail. I asked if they would buy it, they guy said possibly. To make a long story short and after a few phone calls back and forth, I sold it for $500. About 1 hour of work total. The most work was loading it in my truck. I think I may have let it go for to LITTLE money, someone told me that type of copier is more like a high speed duplicator at Kinkos which may be worth more. But then again my investment was $0 and I have $500. This was a BIG copy machine. about 7 feet long and 3 feet high with several trays, buttons and other stuff.

Second Deal: In the back of a meat packing plant in town sat this bulky cutting tool with table and other stuff. I always wondered what the heck it was sitting outside so I went to take a look. It turns out the everything is made of STAINLESS STEEL. The manager said it was defunct and they were getting rid of everything this spring. After a few calls I found out scrap stainless is valuable. So I offered to load the stuff up and made the manager happy and after about 4 truckloads made about $990. About 5 hours of hard, heavy work. I wouldn't suggest this if your back is bad.

Anyway, just a few deals and ideas for you to consider.

Will be in touch!

John McTighe

P.S. Sorry, no web link