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  1. NYCGoblin

    Does Anyone Have Five Or Six Figures In Lending Club?

    INVESTING 
    Thanks! I am use to interest being applied on a monthly scale. Wanted to be more clear on how P2P return was going to look like. The math is still not adding up for me but I am more then likely doing something wrong in my calculations.
  2. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    My sales have been doing fantastic. Have already grossed $2,100 for the month. The 4 products that I have are really solid. Ecom Man and others I wanted to ask you guys how long have have you been selling your longest product, or most profitable? And do you feel comfortable having it stay that...
  3. NYCGoblin

    Does Anyone Have Five Or Six Figures In Lending Club?

    INVESTING 
    I know that this is a old thread but I wanted to ask a question about Prosper/Lending Club interest rates. If you bought a $25 note at 10% do you collect that interest monthly or is are you making a total of 10% over the life of the loan? Not sure if there is a obvious answer to this question...
  4. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I just read up about the 1099-K form given out to sellers who broke 20,000 gross in a year on ebay. Can someone more experienced who had filled one of these out maybe give me a idea on how much % tax I will be looking at on my profits?
  5. NYCGoblin

    I've Read The Millionaire Fastlane!

    GOLD! HOT! 
    Read it a month ago. One of the best things I have done for myself in quite some time. Have recommended it to a lot of people in my immediate circle, and I see them reaping the benefits.
  6. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Yeah not bad at all I first started on November 7th. Yes Ebay but I do sell one of the products on Amazon. Sold about 20 on their in a month and a half. Don't have top rated seller status yet but from what I see and know I should get that by the 20th of the month after my next account evaluation.
  7. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    2-4 a day at the moment between my main two. I launched 2 new products a day which have the potential to be similar at a bit of a better margin. My goals (For now) are quite modest I think. I am looking to net 1,000 a month, which only averages out to $33 a day.
  8. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I'm no I'm not Econ man but I thought that I could chip in. I think it all depends on your finances. If you are looking to make big money & don't see the benefit of selling items for $5-15 because of time then I think it is fine. For me personally my 2 main items profit me $5-$15 & a third that...
  9. NYCGoblin

    NYC Meetup Thread + Mastermind

    MEETUPS 
    I live in The Bronx and would also be interested.
  10. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    It builds confidence. I have now sold about 110 of my product. I now feel like I can really sell anything. It's also nice to have capital from the business that now makes it risk free. I am the top seller for the product now, and after my next shipment I will be able to buy a larger order at a...
  11. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Anyone here use any kind of fulfillment? If so what site do you use? And I see most sites charge a certain fee per transaction but how is the shipping label handled? Is that included or would I pay for that? Or how if it is done on their end how would they be able to print them? Thanks
  12. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Cool thanks for the reply. I hope that my sales were somewhat boosted because I had elevated to first on the best match. But Black Friday has to have a big hand. Since then I've sold 19 items opposed to 26 before then. I wasn't the best match option or cheapest before then so I hope that I lost...
  13. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Hey guys I was reading the thread about a month or 2 ago got through the whole thing and got around to buying my first item. It is a safety item used in a niche/sport that I participate in. I was looking stuff up on ebay and saw that there were only 70 results for them and decent sales. I put up...
  14. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Do most of you intend to do this for the long haul? From what I have read through the thread very few products keep selling for 2+ years and then others must be found. How long do you think or are looking to keep this going if it is your primary source of income. Question I have been asking...
  15. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    I am about to put my first order in & my supplier told me that I need to contact a forwarder so that my shipment can clear customs. No idea how to or what I need to do. Could someone offer a bit of advice? Thanks in advance.
  16. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Well I decided to sell a item that I have to get some feedback and have my account look better. But when I search for it I don't see it come up. What's up with her?
  17. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Where do you go to check that you are not getting shafted on shipping? I have gotten a few different prices on shipping from sellers and a few of them have been far apart for the same item. One charging me 5.55 per unit and another $77 for 3 units.
  18. NYCGoblin

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Got quoted for my first samples today. 10 pairs of the product for 6.39 each and 5.55 shipping on each. Now the seller is a 4 year gold member on alilbaba, but is trying to I think take things a bit quickly not giving a lot of detail. Should I be comfortable with them. Also I see a comparable...
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