To answer your question about the experiment YES. I'd be happy to report here on Sowpub on getting to the $600 level. Should be quite easy and 2 transactions a month is MORE than doable.
I will not limit myself to having to invest my bankroll though. As I see lots of deals all around which I can "control".
Due to my own time constraints with other projects this experiment will be very Part-Time.
That being said here's an update.
A week ago I noticed somebody (Family member) on Facebook requesting if anybody had a Blackberry for sale. I asked how much he was looking to spend. He said $150. I said "SOLD" lol. Not quite how the conversation went but I now have $300 bankroll.(the original $150 + $150 Blackberry sale.)
So, While I did not utilize the original $150 for this transaction my Bank Roll has doubled.
I am in the process of Transaction #3 this week. I negotiated a deal and will be investing $200 hoping to sell for $250-$300 for a quick $50- $100 profit.
Once completed I will let you know more details.
Gordon is this reporting style what you had in mind for the experiment??
THIS IS GREAT DUANE, I'LL BE DOING IT TOO VERY SOON. JUST WANT TO SHOW WHAT CAN BE DONE ON A VERY PART-TIME BASIS, TO DEMONSTRATE WHAT DEAL MAKING LOOKS LIKE.
THANKS AGAIN FOR SHARING.
THANKS again for your Car example. I love real life examples. I'd be very interested in hearing about any Chattel deals at the $100 profit and above, with the $600 bankroll level if you have any other than cars please let us know.
Any other Chattelers out there?
Is Anybody interested in my reporting back to Sowpub?