How to make $150 per day?

I have a 2001 PT Cruiser-my dad and I go scrapping every day of the week and we try to fill up the back seat of our car every scrap day.

We were making about 14 to 40 bucks per week, and we almost scrapped everything and threw out the plastic.

Today, we just decided to do something different and to take everything to the scrap yard whole just to get steel price, and we instead got $27 in one day.

Some of the Items:

Computer and keyboard
A non working vacuum
A paint machine
A scooter
A printer
Bike basket

Much better, right?

I am trying to figure out how to get up to $150 dollars per day, and I have been watching a lot of videos, but it's pretty hard.

Where can I find car batteries? That would certainly add up.

Get 1875 pounds of steel should get you $150.

Originally Posted by olddude

Your not doing your home work, the computer and key board were worth $10. don't know what kind of scooter. How can you make less money breaking every thing down then you do selling shred? Spend some time and read the forum posts.

computer and keyboard worth 10 bucks. assuming computer worked and sold on craigs list? keyboard has mylar takes a ba zillion to make a lb. computer, what is the break down for a p4 short or flat tower, can sell working power supply for 5 to 10 bucks on classified or craigs list but if I pay 2 dollars for a small p4 im lucky to make 1 to 2 dollars tops, unless as I said powersupply sold.

Computers are mostly steel, right?

The computers i have seen don't contain much copper, and you have to get a pound of memory cards to make $8. You'll only probably find one in there.

Circuit boards didn't yield me much.

How do you make 10 bucks with a computer? It's just steel and maybe one or two memory cards.

Certainly you can't make that much here in Michigan!

Originally Posted by mikeinreco

Someone does not do their homework......Sold $150 worth of cases/power supplies to the yard today then the owner comes to me and says he needs a computer for his office........bam another $100 there.......Computers are good money if you know what your doing.........please do your homework on computers this site is a wealth of info

how many cases an power supply's? 170.00 per gross ton aka little over 2000 lbs. 13 cents lb for power supps, 35 cents lb low recovery wire. yards like his and my yards in 75 mile radious don't pay jack lol, some places are tough. save mass amounts and sell to buyers on here yes that's the way to go,

Consider me a newbie, wanting to expound on an earlier point. Let's say the OP was dead set, has to make $150/day. I know some guys really deal more in arbitrage than in pure scrapping. That is, buying scrap cheap, and selling it for a higher price. Example, I buy a junk car for $250, scrap it for $400. I have my $150/day. Anybody willing to give up a little info concerning your arbitrage strategies for this guy?

Go to the buyers section. A lot of them have a recent price list on the first page. $8 for ram is about half what you should be getting.
Scrap Buyers & Sellers - Scrap Metal Forum

I think the key is breaking your stuff down and not settling on shred prices and making your trips to the yard count. I normally accumulate stuff, tear them down and get the motors, wiring, aluminum, copper, brass etc. out and throw that off to the side. Once my shred piles get full enough for a load I take to the scrap yard and get my 75-100 for small trailer load. Once I accumulate enough of the non-ferrous then I make a trip. My last non-ferrous trip was 300.00 for 800lbs of mixed. That 300.00 was broken down into 20 categories!! I had over 20lbs of wire I had collected from the teardowns. I'm not getting rich, but it is nice money on the side and I have fun doing it.
Oh, something else, do your research and make sure you are not throwing away something that can easily be sold for WAY more than scrap price.

Edit: Looks like we think alike ^^^^^^

Sounds like you want profit with no effort, there is no easy way to make money scrapping. If you want the bigger profit items you will most likely have to buy them. Hard to make a whole lot on a regular basis just curb shopping. Just haul your steel in daily to make room for other stuff and save up your copper, brass ect. no matter how small the amount for each item and just take in once a week or two you will be surprised how fast it adds up.

There will still be things you don't want to take apart, but a computer is not one of them. Vacuum cleaners are one of the ones I just cut the cord and let the rest fly, lol. I recycle a lot of AC units here and I will save the compressors until I get the best rate from the big buyer. Goes from $.13/lb to $.25/lb once you hit about a 1000 lbs. The more you have, the more you can bargain with. Gotta have money to make money, but you also have to keep money to make money. Remember that.

Originally Posted by CCRcameron

There will still be things you don't want to take apart, but a computer is not one of them. Vacuum cleaners are one of the ones I just cut the cord and let the rest fly, lol. I recycle a lot of AC units here and I will save the compressors until I get the best rate from the big buyer. Goes from $.13/lb to $.25/lb once you hit about a 1000 lbs. The more you have, the more you can bargain with. Gotta have money to make money, but you also have to keep money to make money. Remember that.

What do you mean "let them fly"

Originally Posted by miked

I "assume" he means: let it fly out the back of the truck onto the shred pile rather than spend the extra time required to get the motor out. All of have to choose between breaking things down to separate metals or selling it as shred or dirty. Like others have said either break down computers or sell them to those who will never dump them on the shred pile. Mike

That's what I thought he meant but don't you feel a bit guilty throwing an item that probably has more plastic than metal into the metal scrap pile? I do.

I been here since September of 2013, I'm reading every day and I'm still learning something new almost everyday. I don't think I deserve a Bozo button or anything for all of the reasearch I do. I'm just saying the info is there if you're willing.