Dont you love deals where...

[Iron Patch]

Don't you love deals where...

Don't you love deals where you buy a group of items and one thing pays for everything, or most pays your cost and leaves you with one thing that is great to sell, etc..

I've done this sort of thing many times over the years, but recently was a good one. The bulk of the group will easily cover what I paid, maybe even make me a little, but the item it leaves me which you can basically call getting for free I value at $500-$750. Buying very low and selling high isn't something that happens too often for me, but I've had three good ones in a row the last few weeks and hope it doesn't stop!

 

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[diggummup]

This is what I try to do all the time.. It's been a proven method for me time and time again. Example, last week- Spent $120 on 4 items last week at one sale. One item will sell for that, quick. The 3 others will bring another $700 minimum. Yes, I love it.

 

[Lost&Found]

Gotta love free enterprise. When my son was eight he made his first deal selling a rare Beyblade spinning top to a classmate for a 400% markup. He learned an invaluable lesson that a dollar can be multiplied into 5.

When I buy items my ideal goal is to pay 10 cents on the dollar.

 

[Iron Patch]

This is what I try to do all the time.. It's been a proven method for me time and time again. Example, last week- Spent $120 on 4 items last week at one sale. One item will sell for that, quick. The 3 others will bring another $700 minimum. Yes, I love it.

If only a person could do that as many times as hours would allow in a week! As I said it's not very common for me, but my buying and selling is very steady from week to week, which is the most important, so I tend look at these like bonuses.

 

[diggummup]

If only a person could do that as many times as hours would allow in a week! As I said it's not very common for me, but my buying and selling is very steady from week to week, which is the most important, so I tend look at these like bonuses.

Yes, being steady and consistent is key, anything extra is icing on the cake.

 

[jerseyben]

Don't you love deals where you buy a group of items and one thing pays for everything, or most pays your cost and leaves you with one thing that is great to sell, etc..

I've done this sort of thing many times over the years, but recently was a good one. The bulk of the group will easily cover what I paid, maybe even make me a little, but the item it leaves me which you can basically call getting for free I value at $500-$750. Buying very low and selling high isn't something that happens too often for me, but I've had three good ones in a row the last few weeks and hope it doesn't stop!

IP, I would really live to see some examples of the stuff that is giving you these returns. Care to share?

 

[clovis97]

I haven't had a really good score in a while.

The best deal recently was buying a box of license plates for $25. One single plate sold for almost $300. Another single plate sold for $130. We've sold about $80 worth of plates on top of that. I still have a stack of plates to sell.

My favorite deal was at a well advertised auction, but the listing was poorly written. No where in the listing did they mention the back office stuff, but I went anyway. I almost left after getting there because I didn't see anything worth buying. The crazy thing was that there was this very narrow door going into the back office, and neither I or anyone else knew that there were full offices totally equipped with typical office junk, most of it high end stuff.

Long story short, 90% of the crowd left, and I bought the entire phone system for $25. I made $2,500 in clear profit selling those components within 4 or 5 days. The hand sets alone sold for $75 each, and I think I had 14 of them.

I'd love to tell you all how brilliant I am...but in reality, I knew nothing about phone systems at the time, and had no idea what I had bought, even though I knew that I had gotten a steal of a deal. It was like hitting the lotto, LOL.

 

[Iron Patch]

IP, I would really live to see some examples of the stuff that is giving you these returns. Care to share?

You mean just the sale? Because I'm not go to show anyone where i get them. (it's actually just a LOT of looking)

 

[jerseyben]

You mean just the sale? Because I'm not go to show anyone where i get them. (it's actually just a LOT of looking)

Like, just a general idea of what it was that netted you $500-700 that was essentially free.

 

[ivan salis]

I got a set of 3 -$3 -plastic plano fishing boxes (the boxes alone are worth the $3 each at walmart) within the 3 - 5 slot boxes were bass fishing plugs --15 in total * so for $ 9 bucks (the cost of 3 boxes alone) --I got 15 lures for free - say $5 to 6 buck lures at walmart so for $9 bucks spent I got an easy $84 bucks in value ---basically I'm $75 buck in value ahead

 

[Iron Patch]

Like, just a general idea of what it was that netted you $500-700 that was essentially free.

oh, that's easy then. A hidden counterfeit halfpenny. (bought that one a few weeks ago)

 

[jerseyben]

oh, that's easy then. A hidden counterfeit halfpenny. (bought that one a few weeks ago)

Very cool. Im heading to my old coin club on Dec 7 to meet up with a few guys who are heavy into C4 and specifically counterfeit halfpennies. Hopefully we will be able to make some good trades.

 

[Iron Patch]

Very cool. Im heading to my old coin club on Dec 7 to meet up with a few guys who are heavy into C4 and specifically counterfeit halfpennies. Hopefully we will be able to make some good trades.

I trade em, but only for cash!

 

[Nickleanddime]

That's how I operate man. If one item doesn't pay for all the junk I don't buy it. I bought a lee hand loader for a dollar, turned to 38. Pokemon game .50 to $26. Crock pot $5 to $25. Jewlery stand $20 to $95 from silver and dimeing off the costume jewlery. That knapp plane $2 to $38 I think or close maybe $28 lol. That's just a few examples of mine.

 

[XL-PRO PRO]

It happens.I spent $63 at an estate sale and ended up with a 1957 SnapOn road box(in great shape,two new multimeters( one digital 1978 vintage & a Triplett analog mini),a large Baggie of wrenches(twelve SnapOn),NASA anemometer still in the original box plus two boxes of miscellaneous electronics,leads and such.probably $600-$700 worth of goods.Get there early,know what you're looking at,don't procrastinate or it'll be gone!

 

[Fushek]

Yep ... this is the BEST way to buy and sell. Know one thing that will make your money back and the rest is icing on the cake.

Also, this can be a great learning experience. For instance, I know enough about records to be dangerous only ... but found someone selling several boxes of LPs at a yard sale. Found a couple of Beatles albums but as I was going through, they told me that they'd sell the whole bunch for $20. Knew the Beatles would cover that, so I took them all. Learned much about LP's and what sell from that experience, and made several hundred dollars off the lot.