Chatteling

[Dien Rice]

Originally Posted by RickC

Just checking in to let the group know how Chatteling has helped make up the income loss in our family.

I'm going off Gordon's 2006 edition. Not sure if it has been updated, but the basics in that information will never fade.

This Covid19 has thrown a screwball to many families. We lost a second income because my wife drives bus part time. When kids don't go to school, she doesn't drive.

Anyway, to cut to the chase, I found a free Canon Copier on Craigslist and ended up selling for $295.00. I found a Pottery Barn desk that a guy just wanted to "get rid of" and sold it for $275.00.

I've always wanted to Chattel, and have to a small degree, but now I was FORCED to find more income. Being in my late 50's, I have no desire to get another job, especially in the pathetic retail market. And not only that, with businesses shut down, there are not many jobs anyway.

I'm finding more items than I can handle (I have no truck or garage), but I'm finding enough to more than make up for the loss of income. Only difference now is that I wear a mask when dealing with sellers.

I have re-read that 2006 report! Of course I missed things the first time. I'm seeing even more items (certain Craigslist categories, I'm sure Gordon will know what I mean).

Just shouting out a thanks to the group and to Gordon's Chatteling report. I've also combined that knowledge with Flea Market Flipper, also mentioned by Gordon about two years ago.

Even during a pandemic, business is going well. Thanks again!

P.S. I'm not a paid endorser. Just a longtime Sowpub reader who is putting information to use and gaining tons of confidence.

Hi Rick,

I just want to thank you for sharing that...

The reason why is because many people now need hope!

It is a tough time for many people, with so many jobs lost and businesses closed or otherwise "hobbled" by the current pandemic...

But... there are opportunities out there.

Chatteling is one of them!

Best wishes,

Dien

Dien,

I should note, that not everything is free. Anyone can start with $50.00 (US dollars) and go from there. I'm not saying anything that hasn't been said before.

But it IS possible to start from free.

Keep your eyes open. Search everyday. Negotiate. Walk away if not good enough. Keep people in mind when you are dealing with them. Half the time, if the deal is right, I pay full price because the person needs the money, and they have more stuff, or know someone else who does. Fair is fair. Knowing the comps helps in doing this.

Not only am I making a good income (just starting out), but I'm working with people, getting to know them, and having FUN.

I can only imagine what I can do full time. And with a garage! I'll soon rent a storage unit.

Also, just beginning, I am putting everything into a savings account, getting it up to $5000.00 before I even think about using if for any expenses. The more in the account, the more I can purchase inventory that will generate higher profits (IF purchased correctly).

So far, I'm at $1200.00, with six more items to sell. I'm getting there.

Best to everyone! Stay safe and well.

[GordonJ]

As people are looking for opportunities in chatteling, also make note of potential BUSINESSES, as I wrote about years ago. Things like lawn mowers, or good sewing machines, or even copiers, or lamination machines...

Or power washers, or log splitters, or mixers. There is so much PLR out there, you can add value if you offer a Biz-Op on your flip. Here is a deal...

https://cleveland.craigslist.org/ele...165219825.html

This copier needs work, and he would probably take less...but even at 125 and 500-1000 for repairs, it could be put to work in a garage printing business...and if one writes reports or creates POCKET PRO like booklets, it could produce an income stream.

I don't talk about it enough, but add value to your chattel, by offering it as an income potential.

Also, bookmark this site, here is a current thing near me:

http://www.fasttrackauction.net/cgi-...5/category/ALL

Gordon
PS Since we're talking land too... here is some offerings at proxibid, one of many auction sites chattelers should have bookmarked.

https://www.proxibid.com/Land-Ho-Inc...ampaign=182627

Originally Posted by Dien Rice

Hi Rick,
The reason why is because many people now need hope!

It is a tough time for many people, with so many jobs lost and businesses closed or otherwise "hobbled" by the current pandemic...

But... there are opportunities out there.
chatteling is one of them!

Best wishes,

Dien