Monday, October 18, 2010

Buy Dirty, Sell Clean

Here's a deal by Brian, my incredibly talented younger brother. He bought this 1986 fifth wheel camp trailer a few weeks ago for $900 bucks. How did he get such a good deal? Brian is very good about knowing the value of things he is shopping for, then he waits patiently like a like a cheetah crouched in the grass, poised ready to pounce with cash in hand waiting for the good deal to come along and then before any other KSL shopper even has time to look at the ad he's already got the trailer in his driveway. A deal hunter is what he is.

But really, part of the reason he got a good deal on this thing is becuase it was filthly. Brian and Tina put in several hours if not a day or two, in cleaning the dirt and "old" out of this camper. Just about anytime that someone has something for sale that they haven't taken the time to clean up before selling it means that they are emotionally uninterested in what they are selling and will most likely take a lot less than it could be worth if it were in better condition. Not cleaning it is a sign that they are not expecting top dollar for it, generally speaking anyway.



Brian and Tina decided this trailer wasn't going to work for them as well as they thought so they put it up for sael and sold it in "clean" condition for $1600. Total costs of improvement for cleaning, a battery and other misc. stuff was less than $100.

Sold Price $1,600
Purchase $900
Fix ups $100

Total income $600

So the lesson in this example is that often things are under valued because they are dirty. So buy dirty, sell clean.



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