3rd time's a charm!

If every investment paid this type of dividends I'd be to my goal in no time! I found this 2006 Gary Fisher Tassajara Disc mountain bike on craigslist from a nice buy who was leaving that weekend for Afghanistan for a year with the Army and was getting rid of everything he had. This bike new was $900 and it had about $200 of extras on it. I was thrilled to pick it up for only $80! I wasn't as thrilled when I realized that upon loading it in my car, I locked my keys in my car and myself; out. It was slightly embarrassing going back to his apartment to ask him to help me get the keys out. I learned something new about my car that day; it was designed with a "feature" where you can't open it without unlocking it, even if pulling up the lock or on the handle. I guess this is so people can't reach in and open it through the window.

Anyways, a few hours later my wife showed up to unlock my car. If it weren't for such a great deal I might have been upset, but considering I also walked away with a lamp and a snowboard for only $10 more, how could I be upset?

So after cleaning up the bike and replacing the front and rear tubes it was ready to go back on the market. I was able to get $500 for it for a profit of $420. This brought the new total to $605; about enough for one masters credit! We still have a long ways to go, but we're moving in the right direction for sure!

Take 2- off to a good start


While checking out garage sales this weekend I found this little BMX bike for $35. It looked brand new, as was confirmed by the seller. She said they bought it for their son a few years ago and he hardly ever rode it. After communicating with 4 different people, a couple met me half way to get it for $140 for their son. Looks like we're up to $185 after 2 transactions. There's a long ways to go but we're moving in the right direction!




Here we go!!

My $30 is gone! But the good news is, I have this 10 year old broken bike. Great news, eh? It is if it's all part of the plan. Over the next year, I will find bikes that I can put minimal work in to and market them well enough to turn a profit of 2-3 times what I paid for it. Since buying this bike yesterday, I have tightened a few things, put new tubes in the tires and cleaned it up, and sold it for $80. Day 1 is a success! I now have $80 for college! Unfortunately that's not enough for 1 credit hour (or even 1 book for a class for that matter.) The game is on!