Rummage or church sales could be a good source for your someone to acquire inventory to resell. Many of these sales will drop their prices as the end of the sale draws near because they would rather move the items rather than have to clean it all up. (Typically too these items are donated to sell at church sales) This is where you need to be like a swashbuckling pirate swooping in to grab your booty.
Many times what they do is they will offer bag sales where you can stuff whatever you can into a bag for a $1. Now remember most of the items have been picked over at this point. But, if you've already taken a look around the sale make mental notes of where certain items that weren't worth buying individually are at so you can make a move on them fast. Typically, these will be nickel and dime items but you'll never know what you'll come across. I attended a 4th of July church sale and when it came to the $1 bag sale. I picked up about $50 worth of re-sellable merchandise in one $1 bag. 2 of the larger priced items in the bag were 2 Glenn Beck identical audio cd sets containing 7 cds in each one. I turned around and sold these to a used store yesterday for $12 for both of them. So I made my money back. The way I look at it is you can't go wrong dropping a $1 for a bag full of items. Remember too to check the condition of the items you buy if you intend on reselling them.
What you need to be looking for are items that you can turn around and make garaunteed money. Keep an eye out for any kind of metal such as brass items for scrap metal, which can immediately return money on your $1 investment. Knowing your types and how to recognize the various metals come into play here. Carry a small magnet with you to help decide if it's magnetic or non-magnetic. General rule of thumb - it's it's magnetic put it back because the price of steel isn't worth stuffing the item in the bag. You would be surprised at how many small household items are made of brass or copper. To the uneducated these types of items are still sitting around at the end of a sale. At the sale I mentioned above I stuffed 3 pounds of copper into the bag and 7 pounds of brass. That's roughly $16 right there in just scrap metal value.
Also, don't be afraid to take a gamble on some items such as old pictures in old frames because you never know what's hiding in the back of the picture. If it fits in the bag, you can't go wrong for a $1 investment. I will touch on what to look for in old pictures in another post.
Be sure to check out the following for more money making topics.....
The Dapper Scrapper Index to Making Money Online & Offline for Sustained Self Employment Income
Many times what they do is they will offer bag sales where you can stuff whatever you can into a bag for a $1. Now remember most of the items have been picked over at this point. But, if you've already taken a look around the sale make mental notes of where certain items that weren't worth buying individually are at so you can make a move on them fast. Typically, these will be nickel and dime items but you'll never know what you'll come across. I attended a 4th of July church sale and when it came to the $1 bag sale. I picked up about $50 worth of re-sellable merchandise in one $1 bag. 2 of the larger priced items in the bag were 2 Glenn Beck identical audio cd sets containing 7 cds in each one. I turned around and sold these to a used store yesterday for $12 for both of them. So I made my money back. The way I look at it is you can't go wrong dropping a $1 for a bag full of items. Remember too to check the condition of the items you buy if you intend on reselling them.
What you need to be looking for are items that you can turn around and make garaunteed money. Keep an eye out for any kind of metal such as brass items for scrap metal, which can immediately return money on your $1 investment. Knowing your types and how to recognize the various metals come into play here. Carry a small magnet with you to help decide if it's magnetic or non-magnetic. General rule of thumb - it's it's magnetic put it back because the price of steel isn't worth stuffing the item in the bag. You would be surprised at how many small household items are made of brass or copper. To the uneducated these types of items are still sitting around at the end of a sale. At the sale I mentioned above I stuffed 3 pounds of copper into the bag and 7 pounds of brass. That's roughly $16 right there in just scrap metal value.
Also, don't be afraid to take a gamble on some items such as old pictures in old frames because you never know what's hiding in the back of the picture. If it fits in the bag, you can't go wrong for a $1 investment. I will touch on what to look for in old pictures in another post.
Be sure to check out the following for more money making topics.....
The Dapper Scrapper Index to Making Money Online & Offline for Sustained Self Employment Income
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