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I found this site for a company that will help you with the large solar power diy project:
https://www.wholesalesolar.com/solar-information/diy-solar
Mark
TrunkFullOfJunk,
That is an incredible story!
I would love for Jay to interview you and go more in depth about your experience.
Mark
BcFo,
Another thing to consider is that if your reached your listing goal, your profit would go to 0 or negative in the short run. Can you handle that since your whole reason was to make more money?
My math says at $125/Day for Cogs, that’s $3750 for the month and you only gross about $3000 right now. It would work in the long run, you just need to make sure it works in the short run. Think if it as an investment that will pay off. You just need the capital to make the investment until the payoff comes in.
Mark S
03/04/2019 at 9:34 am in reply to: Scavenger Life Episode 401: You Don’t Have To Quit Your Job To Sell On eBay #58046I forgot my scavenge of the week.
I found so many great items this week, but 1 really stands out in my mind. I found a vintage/antique fire fighters with a leather badge. But what really stands out for the helmet is that the plastic eye visor is still completely intact and working. Didn’t see any with that.
Mark S
03/04/2019 at 9:29 am in reply to: Scavenger Life Episode 401: You Don’t Have To Quit Your Job To Sell On eBay #5804502/24/19 – 03/02/19
Items In Store: 2,783
Items Sold: 14
Cost of Items Sold: $50
Total Sales: $528
HIghest Price Sold: $100(Vintage Betty Crocker oven)
Average price $37.71
Returns: 0
Money spent on new inventory: $210
Items listed: about 68Gut sales report
Felt slow, but turned out ok.Challenge of the week
This is actually a challenge for the year. I have been finding great shoes at a local thrift store. Problem is I have only been going there a couple times a month. So, my challenge is to go 3 times a week. So far, this has been great! I average 2-4 pair per visit. So far this year, 21 pairs for an average of about $40 per pair. So, if I keep this up, in 1 year from just this 1 source, I should get $16,000 worth of shoes. Also, I have been finding other great items also.02/26/2019 at 4:20 pm in reply to: Scavenger Life Episode 400: Tax Season Advice for Newbies from Strangers On The Internet #57732Jay,
You are right. I just saw the LLC and said cool, that’s me.
I am not sure how much actual protection the LLC provides me, but I guess it is better than nothing.
But in reality, a pass-through entity covers just about all business’ except the C Corporation.
Mark
02/26/2019 at 4:18 pm in reply to: Scavenger Life Episode 400: Tax Season Advice for Newbies from Strangers On The Internet #57731Inglewood,
The way I read it, yes. But the only way I see around that is to change to a C Corporation.
Mark
02/26/2019 at 2:23 pm in reply to: Scavenger Life Episode 400: Tax Season Advice for Newbies from Strangers On The Internet #57720Jay,
Your statement was correct until December 31, 2017. But on Jan. 1st 2018 the 2018 Trump Tax Reform MAY save you up to 20% for pass-through entity – which an LLC is.
Here is the link to that: https://bench.co/blog/tax-tips/trump-tax-reform-small-business/
The key here is that it MAY save you 20% for 2018.
Mark
02/25/2019 at 8:55 am in reply to: Scavenger Life Episode 400: Tax Season Advice for Newbies from Strangers On The Internet #57578Congratulations on episode 400!
02/17/19 – 02/23/19
Items In Store: 2,729
Items Sold 9
Cost of Items Sold: $30
Total Sales: $354
HIghest Price Sold: $70 (Vintage Stereo System)
Average price $39.33
Returns: 0
Money spent on new inventory: $210
Items listed: about 30Gut sales report
It felt really slow compared to the last 2 weeks. This is the lowest sales week I have had in a long time.Challenge of the week
I finally got all of my golf clubs Listed for the Spring rush.Scavenge of the week
I went to a really cool estate sale at an old Farm House in the country. My kind of sale. Got about 40 vintage pieces of clothing from the 50’s – 80’s. Brands such as Pendleton, Patagonia, Woolrich, Eddie Bauer, and Harris Tweed. I realized that this was pretty clise to the dream I had last month and posted about. I Will have to post an update on that thread.2019-02-10 – 2019-02-16
Total Items In Store: 2,691
Items Sold: 24
Cost of Items Sold: $120
Total Sales: $1204
Highest Price Sold: $250 (Vintage Suit)
Average Price Sold: $50.17
# Items Listed: about 18
Money Spent on New Inventory: $96Gut Sales Report for the week: Felt a little slow, but what another great week! That is 2 weeks in a row of $1000 or greater. This is new territory for me. This is really near where I want to be: sell about 1% of my inventory each week for $50 ASP each.
Challenge of the week: Still trying to get my mens suits listed (about 40 of them) before the Spring rush for them begins. I have started listing the golf clubs for for the Spring rush. Golf clubs are not the easiest thing to list and most don’t sell for over $30, but they do sell well for the right clubs.
Scavenge of the week: Turn of the Century Underwood Stereoview Full Set (1 missing of 36) View Cards in the Original Underwood Case.
Mark S
Julie,
Do they really expect people that are laundering money or sending drug proceeds in a briefcase to tell them it is a briefcase? If so, do they really think they are going to say, “Yea, I put $50,000 in the case for my friend.” I guess they can always look for the non-verbal cues that would tip them off or have the blood hounds sniff it out if I were a shaddy looking character.
My Post office just told me that they are not suppose to just let people drop off packages and leave. They said that is the way the Uni-Bomber sent his stuff. I think they make an exception if they know who you are (they know your name and address).
For some reason I will volunteer to the people at the Post Office what I am sending (I know them all by name because I go there so often). I just don’t like it when the people I don’t know at Fedex start to ask too many questions.
Mark
02/14/2019 at 11:08 pm in reply to: Scavenger Life Episode 398: How To Buy or Not To Buy on eBay #57006Mike,
I think the point with the poisonous cup was that he spent 7 years building up an immunity to iocane powder\poison. So he put the poison in both cups because it didn’t matter to him. Either one the other guy picks, he loses.
Mark
02/14/2019 at 6:02 pm in reply to: Scavenger Life Episode 398: How To Buy or Not To Buy on eBay #56992Mike,
Not sure if you are familar with the Princess Bride, but that is what this reminded me of.
As Tyrone says in the clip below to Humperdinck, “If you haven’t got your health, you haven’t got anything.”
Mark
02/11/2019 at 9:35 am in reply to: Scavenger Life Episode 398: How To Buy or Not To Buy on eBay #56718Sl
02/03/19 – 02/09/19Items In Store: 2,697
Items Sold: 18 -eBay 16 + 2 on Bonanza
Cost of Items Sold: $80
Total Sales: $1000
HIghest Price Sold: $150 (Vintage Walt Whitman book)
Average price $55.55
Returns: 0
Money spent on new inventory: $46
Items listed: about 35Gut sales report
What a great week. It felt like all the buyers were buying my largest items. Lots of big packages going out. Things really started to take off after I went on a listing spree on Friday.Challenge of the week
Trying to get my items for the Spring rush ready – golf clubs and men’s suits. I have a lot of both.Mark S
Tpk86,
For local pick up, I print out the listing with a picture of the item. When the buyer picks it up, I have them sign it saying they have received the item in the condition they expected. I keep that and mark the item as shipped.
I had an issue with a buyer on local pick up recently. Ebay was willing to accept my signed paper as evidence, but I didn’t end up needing it. I will see if Paypal would accept a signed sheet also? What else could you do?
Mark
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