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How much profit are guys happy with?

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    Ecycle Atlanta's Avatar
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    It depends on the risk level you are willing to take and how much cash you can "gamble" without affecting your living expenses. I'm not a rich man but I do take risks with some investments in liquidation sales if I do some careful looking into my options. For example, i bought 400 dehumidifiers sight-unseen (execpt some photos, but not in person) awhile ago that I mentioned before. My worst-case scenario was that i would break even if i just scrapped them out (my total investment currently is $7.50 per dehumidifier). But I've been cleaning them up and slowly selling on CL for $50-$60 each. It sometimes takes patience and a few hit and miss jobs to get a groove. Even if you dont make a profit, you can earn and learn from a good experience (if it doesnt break you financially). Take solice in knowing that if you only break even on that item, or lose a couple dollars, you have gained some knowledge. In your specific case, not knowing the type of equipment, i would look at taking off any item to sell seperately if there is a market for it.


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