The best way would probably be to avoid it, and at least save the investment
it would've cost to find out you didn't have the experience dealing with
those sorts of deals.
Demolition/salvage specialists know what they're doing. Piss 'em off and the
EPA might show up at one of those "opportunities".
Like antique specialists, it isn't easy to compete with them. Even if you
could, it just means the cost of deals will be higher.
In a deal like the salvage job (realistically, you'd be buying work), you
probably end up with unskilled, unmotivated laborers/strangers damaging,
and/or possibly stealing your equipment, causing collateral damage (huge
risk of injuring each other) and other liability risks.
There are a lot easier/safer ways to make legal money, and your limitations
are that you're trying to do it by yourself.
When one person needs to be out checking on deals, loading, transporting,
testing, cleaning, making minor repairs, researching, photographing and
listing online auctions and/or other administrative duties.. days are too
few and too short.
Start appreciating the time left, above the dirt.
It appears that you're picturing an early retirement, and are becoming
erratic in thinking about how to get there. You made the big leap, it seems
now you're wondering what to do next.
For what yor actions suggest, you should probably have about 2 others
involved, who are talented and reliable.
They could have full time jobs, but willing to devote some time/effort, but
they'll need to be rewarded.. not just with broken equipment.
When you look at overhead expenses of profitable small businesses, it's
fairly easy to see that profit margins are often very lean. Some of the ones
that do very well are crooks, and you wouldn't want to do business with
Advertising, utilities and some other major expenses need to be met every
month, whether there was a profit or not (after repairs, maintenance, new
business acquisitions etc).
For example, you might be, by far, further ahead using that building space
for a car detailing/cleaning business (for car dealers only) instead of
dealing in used industrial machinery.
You may just end up running an enjoyable pastime into the ground. With just
a little bigger garage at home and a part-time helper, you could make fairly
easy money with eBay and small items that can easily be carried to a car.
No huge overhead expenses, little risk of injury and a moderate but
continuous stream of income. More time with your family and a schedule where
you're free to do what you want.
Consistent small profits can achieve more than infrequent large profits.
USPS provides free, clean, attractive looking boxes.. and newspaper is
generally free, so one expense (in addition to the greedy scumbag
eBay/paypal fees), is packing tape. USPS also picks up packages.
So what if there is an opportunity to make $2000 on a 3 ton machine..
carrying boxes to the car is easy. Not likely to lose a finger or an eye.
I've mentioned a few deals I found on eBay (delivered to my door) and found
at flea markets (a couple of weekend hours outdoors in nice weather, meeting
friendly people), which I ended up making huge profits with when the items
were sold on eBay. Light-duty efforts, huge profits.. and generally as
frequently as one would desire.
I often hear retail store wage earners whining about their jobs, and I can't
sympathize with them when I know they could at least triple their part-time
earnings with the same hours (or less) applied to finding and selling stuff
They're probably too busy working on their Face or Space webpresence to have
any spare time. Reporting who passed out at a party is much too important.
Knowing that they didn't actually need that retail job would make it much
easier to cope with.
The US is the land of surplus and this isn't a new development. Most 2x-10x
profit opportunities don't require a tow vehicle. A rental truck and helpers
might be handy once in a while.
"Ignoramus7775" <ignoramus7775@NOSPAM.7775.invalid> wrote in message
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