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#1
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![]() Shelby,
I suggest you start with Skip's report. He has an easy way to find profitable chattel deals on auto-pilot. But, just for fun and future reference, go to craigslist and go shopping using the minimum parameter at 4999 bux and the upper one at 9999...and see what comes up between these price ranges. Here is where you'll find those 1 to 3k deals or better. THEN, if you really want an eye opener, plug in 25k to 49k. And keep in mind, airplanes and big boats go for 6, 7 and 8 figures. Chatteling at the upperEST level. Start small, work your way up if you want. Not much too it really. Buy and then sell for a profit. Repeat. Repeat. Repeat. Gordon Quote:
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#2
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![]() Thanks Gordon, I like auto-pilot
![]() I thought it pretty much was that simple, I've been doing it since I was a little kid and didn't know it was called chatteling until I got here a few days ago. To start with do you find it's better to reinvest all your profits or 50% back into buying chattel? Also do you keep a profit and loss book on all your deals, or do the poor man's bookkeeping? |
#3
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![]() Hey Gordon,
I'd like to purchase through you but I get a not found page for your link: http://www.doomgloombliss.com/skip.html Please let me know when this is fixed. -Shelby |
#4
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![]() Thanks, but get it directly from Skip, OK?
I coined the term "chatteling" back in the mid 90's and MY method is a Fly Low and Collect the Dough way of selling everyday mundane "parade of life" stuff which just keeps going and going. Today, there are scores of way as evidenced by the many TV shows about Chatteling. American Pickers, Pawn shops, Storage Wars, Antique shows... these are all ways of doing IT. Skip and others like to look for certain stuff. I don't. There isn't a right or wrong way, it is what suits you. I look at dollars, not things. It has been the hardest concept for most of the chattlers who have bought one of my reports to understand. I think the Skip, with a list of THINGS to look for works better for most people. It is easier, faster and you don't need to know very much. I look for undervalued stuff. Also, 99.9% of people will not build their network of buyers. IF you have buyers already lined up, it makes the whole thing easier because I know what to look for, but even then, I search strictly by dollars and seldom by items, Brand Names or that way. Again, it is whatever suits you. I do NOT operate a business, all of my formal businesses have been either sold or retired. I like to FLY LOW and Collect the Dough. I shy away from licensed stuff, but do make exceptions if the profits are there. The PROBLEM with chatteling for MOST people is it requires constant effort and especially if you look for things to sell, you may go days without a good deal, by looking at dollars instead, one can find good deals every day if they know they can "buy over there and sell over here" for a profit. This is pretty much the condensed versions of all my chatteling works. Again, it ain't woodworking, so there is no need to make it complicated. Gordon Quote:
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#5
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![]() Gordon,
Not a problem, I will pick it up directly. How do you build a network of buyers? I know everyone is looking for something, but very few are looking for the same thing over and over again. The main people looking for the same thing that I can think of are businesses and collectors, which would definitely put you in a continual good deal finding mode for them. |
#6
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![]() Go go google. Look for consignment. Look for bike shops. Look for collectors, look for music shops...
In EVERY town there are businesses who BUY stuff to sell. In fact a couple of successful franchises operate as chattelers, Play it Again Sports is part of a company with several recycle franchises, including GAMES and Clothing and they all BUY stuff and local versions often have consignment. Watch guys, ephemera collectors, toys, MUSIC stores...a quick tour on Google will give you many people who could be part of your network of buyers, but it takes TIME, which most people won't do, to get to know them and know what they buy. Why don't they do it themselves? Most do, on a limited basis, which is why if you Buy OVER There, you can SELL over here. A network of buyers is what makes chatteling so easy. And it is very similar to Jim Straw's MILLIONAIRE IN A YEAR course too. BUYERS are the SELLERS. Again, 5 mins on google in those categories above will yield many buyers. Gordon Quote:
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#7
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![]() Thanks Gordon, will do, now let's see if I can apply some of what I learned.
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