
Originally Posted by
JOE68
Currently it's hobby with the intent of getting to the stage of an income supplement later on.
My space is limited, so big bulky ferrous stuff isn't in the cards right now, but dense heavy stuff is.
Working full time makes time an issue.
My plan is to learn, do "general" scrapping within my limits, develop a good relationship with the various yards all with the intention of eventually moving it into a side business as an income supplement either just prior to, or when I retire.
I may never see maximum dollar return, but as long as I get some money flow then I think it will be fine.
Now that being said, if by some fluke chance it does better than I expect, then I'll look at things a little closer and see what the outcome might bring.
Going slowly I think will be beneficial because it gives me time to learn and also determine the extent to which I'm willing to take things as I move towards my golden years.
IF you are limited on space and time that just means you have to make things flatter and learn how to stack better. I was scrapping the entire time I was on Ft. Hood. Id have like 6 washers and dryers broken apart and flattened out sitting in my F250 out in the parking lot until I could go to the yard on Saturday. I had no where to put anything except in my truck. I eventually got two trucks and two trailers and people would just throw stuff in as they drove by. still It had to stay in the truck in the parking lot. I see people living in the downtown areas by me in similar space constraints. they usually are the ones with the scrap cages and old beater long beds.
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