Another auction

I found a local auction with some more DEC equipment 700-16.

These are worth $100-$200 if they work and are in good shape.

The description in the auction was vague, but I had purchased there before and e-mailed them for a parts list. There were 3, 700-16's, so I was willing to go to $100. I got the auction for $30. So, I expect to make good money off this auction.

Interestingly, he explained he keeps the auctions vague, because while he has a parts list he doesn't want to go through the pallet and confirm the list is 100% accurate. Because, if someone wins the auction and there is an error with the parts list, it is a pain in the butt.

So the parts list is something I had that most other people did not. When I picked up my stuff, I brought them donuts. I always want to be able to get a parts list for vague auction.

Funds: I really have no idea, it is crazy right now

FedEx means slow boat?

Got a  message from my Taiwan customer. He hasn't received his package. Looking at the tracking number is departed Alaska, yes, Alaska, 11 days ago. Good grief, I guess they put it on a boat. Of course the form I filled out says International Air Waybill, but maybe Air doesn't mean airplane. I admit I don't much about international shipping.

Which is better selling fast or with higher profit margin?

I bought a bunch of computer equipment for $270 that I think I will end up getting $1000-$2000 for. Definitely a good deal.
I also bought the previously mentioned switches for $1500. I will make around $400-$500 on these. Not near the profit margin.But $400 is still nice. :-)

Here is the thing: I was able to turn around the switches much, much quicker than the various computer equipment. I could sell all of them on eBay, one picture and one listing.
Meanwhile the computer equipment will take dozens of pictures, multiple eBay listings, have to meet people for the stuff that is too heavy to place on eBay.

In the end while I thought the computer equipment deal was 10x better than the switch deal, I am starting to rethink this. There is something to be said for a quick turnaround and less work.

Live and learn.

Selling to Taiwan

Sold 6 switches to a company in Taiwan on Ebay I was a little nervous but his rating was perfect and he wasn't trying to pay out of band.
Shipping was fedex with his account.  This was my first international shipment with something other than usps.  It ended up to be no big deal.
So I sold 6 switches for $1,110. Ebay and Paypal fees will take a chunk.
Still need a about 400 dollars.

Funds: $1200 + lotsa stuff

Time to sell

Been on vacation for a week, so time to get back to work.

Posted a few items on eBay, and just sold one Dell 2650 server on craigslist for $100.

Someone asked me why I sell sometime on craigslist and sometimes on eBay.

Basically, if the shipping will be high, I sell on craigslist. I sell on eBay when the shipping is low(<$20) or the product is unique enough that the local market may not have enough buyers(my DEC server is an example).

I need to sell $1500 worth of equipment by July 20, to pay for equipment I have bought. Not sure if I can get there.

Funds: $180 + lotsa equipment