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re: Garage sale junkies - what was your haul today?
Posted on 4/18/15 at 3:43 pm to GeorgeTheGreek
Posted on 4/18/15 at 3:43 pm to GeorgeTheGreek
quote:
I would do this if i knew anything about the value of what I'm looking at. However, I'm not a junk expert.
Start out like I did 12 years ago, pick a couple areas (mine were toys, LSU, and strange items).
Stick to these, bring $20 with you and never pay more than $5 for an item. Get home, list on Ebay, and bank roll the profit. You may only make $10-$20 an item, and even buy shite that is worthless, but you only paid $1 for it, throw it away. Learn from your mistakes.
While you are searching for you area of expertise, if you see something that looks interesting but it is outside your area and it is cheap enough, grab it. It is a $1.
When I first started out looking for toys and stuff, I would buy designer women's shoes and purses for next to nothing (I am a guy). I would flip them for decent money ($20-$50 each). Ladies Doc Marten boots was my go to, always made money.
Next thing you know, you have a fair amount of knowledge of what to buy or not to buy, and a nice bank roll, so you can buy the higher end things.
I once bought out an entire garage sale (or at least 80% of it). It was 100's of Estes rockets (built and unbuilt). I paid $250 and sold it for over $3500. The look on the lady's face when I said I would take it all was priceless.
Posted on 4/18/15 at 3:50 pm to theantiquetiger
I have been thinking of renting a building to have a weekend flea market but I don't want to run it. I just want to put all of the stuff my crews get out of houses in it to sell. I have stuff in my shop and 3 storage units I rent I need to get rid of. I had a guy selling it for me on consignment but he is closing down.
We find such good stuff I don't throw it out. I have 2 nice pool tables right now in my shop I am about to clean up and sell but they are in my way in the meantime.
One of my crews did a clean out on a house a few weeks back and sold all of the stuff for $1200 the day after. They asked me if they could keep the stuff in lieu of payment and I agreed. It worked out since I didn't have room for it.
We find such good stuff I don't throw it out. I have 2 nice pool tables right now in my shop I am about to clean up and sell but they are in my way in the meantime.
One of my crews did a clean out on a house a few weeks back and sold all of the stuff for $1200 the day after. They asked me if they could keep the stuff in lieu of payment and I agreed. It worked out since I didn't have room for it.
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