Do you have a hustle?

Wife bought 4 dolls (all they had left) on clearance at Walmart for $12.50 each. They sold last night for $149 for the lot, plus $16.70 shipping.

Not bad for a half-hours work.

The beauty of this is, if they didn't sell, we take them back to Walmart for a refund.

She used the ebay app to confirm these dolls were worth purchasing. When she scanned them and saw they had bids for $30+ each, it became a no-brainer.

Be sure to snatch up all the good hot wheels too. If you're cool you wait on the truck and go through the boxes before they hit the shelf.
 
I don't see a lot of head ache involved. I may change my mind a month from now. But I see it as nearly passive income. I will contract out the repo job. All I have to do is receive a check. If not, I will send a notice out certified mail stating if payment is not made in 30 days that I will repo her vehicle.

If I do repo it, I don't plan on fixing anything. Nearly any running vehicle will sale for 700 or more.

But here's where you and I differ. You see it as just 100 dollars.

I see it as a 20% return on capital in only 2 months. Most people average 5% a year, so 20% in 2 months is huge.

Curious to know how you worded this contract. Also curious to how you arrived at charging 5% interest. You said Raleigh so I'm assuming this is in NC. The state max for interest in NC is right around 30%. Why 5? You could have lended this money at 15% interest and still beat everyone but the credit unions.
 
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Curious to know how you worded this contract. Also curious to how you arrived at charging 5% interest. You said Raleigh so I'm assuming this is in NC. The state max for interest in NC is right around 30%. Why 5? You could have lended this money at 15% interest and still beat everyone but the credit unions.

I think you misread my post. I said most people do well to make 5% a year. By that I'm talking about investments, primarily in the stock market.
 
I think you misread my post. I said most people do well to make 5% a year. By that I'm talking about investments, primarily in the stock market.

Quoted the wrong post. You charged the woman 5% interest on $500. Just curious how you came to that number.
 
My goal is a $100k on Amazon this year. So far on pace.

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I may have missed it earlier in thread... but what do you sell?
 
Was in goodwill looking at books and saw the guy put out 3 packaged rigid 7" diamond cup wheels, for 24.99 each. Returned them to Home depot for a little over $260 store credit.
 
Um no it's theft. I have represented clients that have been charged for the same

Curious - how is this 'theft'? If I purchase something legally I have ownership of the property. How I dispose of it is up to my digression.

If theft is buying something cheaply for the purpose of exchange at a higher price, then it would seem there would be a boatload of people with problems. First thing that comes to mind is the guy that just bought the Vince Lombardi sweater for $.50 at a garage sale and sold it at auction for $43,000.
 
Curious - how is this 'theft'? If I purchase something legally I have ownership of the property. How I dispose of it is up to my digression.

If theft is buying something cheaply for the purpose of exchange at a higher price, then it would seem there would be a boatload of people with problems. First thing that comes to mind is the guy that just bought the Vince Lombardi sweater for $.50 at a garage sale and sold it at auction for $43,000.

I think it is a matter of taking it back to a retail store. Im not sure of the details because if someone gives you a gift and you don't have the receipt you can do the exact same thing. P.S. that Lombardi sweater was bought at a Goodwill here in Asheville where I probably overlooked it. :/
 

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