Originally Posted by
Breakage
Garage sale arbitrage is something I've looked at doing but never taken too seriously. I spent a lot of time at yard sales when I was younger and had time and disposable income. But as eBay and Craigslist have chewed up most of the decent secondhand market, I find it harder to get anything with resale value from front lawns and these thrifty yanks don't like to let anything go for below 75% of OEM pricing. No shortage of old Tupperware and Christmas decorations but I sure don't find old silverware like I once did. They also don't believe in taking stuff in out of the rain, apparently. I know there is good stuff, somewhere, but I don't have an entire morning to dig through wet Rubbermaid totes full of Cat Fancy and Runner's Digest to find it. Plus, population density in VT is pretty low so making a day of "garage shopping" might yield only a handful of stops. If time and fuel are factors in your considerations of your net costs, be mindful that, even though you are enjoying the drive on a sunny weekend morning, technically, you are at work and everything you do is at your own expense.
I have had luck doing arb at the local charity thrift stores. It's hit and miss but if you pick things which you know generally escape the eye of discerning staff (board games, for example), it's not hard to triple your money, at least.