You are a gold mine of information. Thanks !
Rep sent your way - keep up the good work !
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Free registration at the forum removes this block.Honestly man - you work way too hard.
You have to pick these up - clean and test them - deliver them when sold. All for $200? Maybe less?
If, as a side benefit, you're built like a brick sheet house, then that's a great side benefit. But the money - - - I hope your customers tip you well. I would. We've had some pretty hefty furniture delivered lately, and those boys didn't get out the door without a hefty tip!
You are a gold mine of information. Thanks !
Rep sent your way - keep up the good work !
As far as the appliance business goes, an idea I've thought about is trying to set up a washer dryer flipping operation in multiple major cities in the US, a little while back I created an ad on the Dallas Texas craigslist saying that I was looking to partner with someone interested in selling used washers and dryers, I stated I would find them and list them for sale, and they would pick up, clean and test, and deliver. I had several people reply to my ad, but never really pursued it.
I was thinking of a 50/50 profit split or a 40/60 profit split in their favor. I was going to teach them the process of cleaning, testing, and point out good youtube videos for fixing washers and dryers. As well the best way for transporting, loading, etc, etc. But I wasn't planning on telling them where or how I bought and sold them in case they might kick me to the curb and continue with out me lol. Although I guess they could ask a customer where they found the washer dryer for sale, or Google how to do it on their own. They would also need a dolly and a place to store them, a shed or a storage unit, a truck, and a testing station. All problems that would have to be overcome, but man if I or someone else could pull this off in several major US cities you could make a bundle.
Y'all think it could work?
As far as the appliance business goes, an idea I've thought about is trying to set up a washer dryer flipping operation in multiple major cities in the US, a little while back I created an ad on the Dallas Texas craigslist saying that I was looking to partner with someone interested in selling used washers and dryers, I stated I would find them and list them for sale, and they would pick up, clean and test, and deliver. I had several people reply to my ad, but never really pursued it.
I was thinking of a 50/50 profit split or a 40/60 profit split in their favor. I was going to teach them the process of cleaning, testing, and point out good youtube videos for fixing washers and dryers. As well the best way for transporting, loading, etc, etc. But I wasn't planning on telling them where or how I bought and sold them in case they might kick me to the curb and continue with out me lol. Although I guess they could ask a customer where they found the washer dryer for sale, or Google how to do it on their own. They would also need a dolly and a place to store them, a shed or a storage unit, a truck, and a testing station. All problems that would have to be overcome, but man if I or someone else could pull this off in several major US cities you could make a bundle.
Y'all think it could work?
Yup, the next level is bulk purchasing inventory. I did a couple of bulk purchases from re-habbed apartment complexes. I'd pay $40-50 for "as is" washers/dryers that I knew were a good brand that I could work on.
Yup, I really tried to figure a way to make the numbers work on national shipping. Not happening on used appliances.
This is the big money. Right now, there is no nationally recognized brand of used appliance dealer. There's a couple strictly "appliance repair" chains, but no used appliance dealers. I got out of the biz, but the opportunity is RIPE for someone who can do internet marketing and franchising. There was not one competitor in the entire Dallas metroplex who had a website with inventory, except for me, for the year that I did this.
I think the opportunity for the used dealer market is great, because of the incredibly low quality of new washers/dryers being sold in stores these days. They are built to fail in 4-5 years.
It's just a part of the strategy. If you have to go out to their house to make the delivery anyways, might as well get a free piece of inventory out of it, that you can fix for $20. I would say 40% of my deliveries yielded a new piece of inventory. Bulk purchases would be the ideal way to get inventory for the 60% of inventory that is gone after the deal is done.
Well, the scrap yard would probably pay you about $10 or so per unit so you would lose a lot of money fast. If you bought a set for $125 and you sold them at the scrap yard for $20 you would lose $105 in your first hour of being in business. lol
Most guys will look on Craigslist and try to buy from there. Sometimes it takes an hour to do that and sometimes it takes 2 weeks. Then you have to drive to where it is located.... try your best to make sure it works good.... then load it and bring it back. So not only would you lost $105 you would also lose all that time.
I normally don't buy from Craigslist nowadays because I have access to all I can sell but I still look on CL sometimes. A few months ago a guy had an almost brand new Whirlpool washer & dryer $650 (used only 2 months)... I emailed and asked if he would take $300. He said no way. 3 weeks later on a Saturday morning he emailed me and said he would take the $300 but I told him all I have now is $250.... he said come and get it. lol So I brought it back home, re-listed it for $550 and sold it within a few minutes. lol Now I could do that because I didn't NEED the set to sell but if you only buy from Craigslist and are kind of desperate for sets, you can't really do that. And, most guys do this to pay the bills and eat (I don't). If that is the case, you can't really mess around like that. If you are doing this to pay the bills you will need to quickly give the guy $300 and not try to haggle (already a GREAT price) because it's very easy for them to find a last minute buyer. I'm not saying to not haggle, I'm just saying to not make the seller too unhappy about low balling.... I'm all for low balling.... just don't push it.
Dude, you sound bitter, haha.
His course was well worth $150. $150 is cheap for a course that can have you instantly making money, and you get what you pay for. If it was completely top-down comprehensive he could charge $1200-$2000.
I went from knowing jack sh*t to making money fixing dryers in 3 days. Made the money back in less than a week.
Sure, youtube's great, but you need a base level of knowledge to start. To even know what kinds of things to look for.
I love Ryan, and have had nothing but positive interactions with him over the past several years.
He made some accusations about you, that calls your character into question.
Would be worth at least throwing up a counter to his points so we've got two sides to a story here. I think you're the one that comes out worse by not responding.
And for what it's worth, there is an "ignore member" feature. Just click on the user name and then click "ignore" on the window that pops up.
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