How To Turn IRON Into GOLD

One of the great things about selling on eBay is how you can quickly build a consistent income stream and I’m pretty sure that you read this blog because of all the specific information that teaches you how to find items you can resale for profits of 300% - 1000% and more!!

I’d like to share a wonderful eBay sales stream that puts CASH in your pocket over and over again from rusty old cast iron!!
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Hello all,

As you might have read in an earlier post Gary will be away on a wonderful fly fishing trip in Canada during the week June 9-16 and in his absence Gary asked if I’d be willing to post to the Auction Rebel blog so it wouldn’t just sit without any activity during that time.

Being a longtime collector and dealer in antiques and vintage collectibles, I’ve followed Gary’s insights for many years (long before the Auction Rebel), mainly because I found his views of using eBay to build a profitable business much like my own.
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The auctions for the fourth week of The $10,000 Garage Sale eBay Challenge ended last Sunday evening. There were twenty-three Challenge items listed and nineteen of them sold for a total of $500.79. The sell-through rate was 83%.

While there weren’t a great many garage sales in Grand Forks last weekend, there were two city-wide sales nearby. One in Fisher, MN (12 miles away) and the other in Larimore, ND (30 miles away). I was able to buy quite a few things and I currently have the listings for fifty-four written and ready to be launched. They won’t get to eBay for another week though, due to my upcoming fishing trip.

After four weeks of auctions for the Challenge, here’s what things look like so far.

Total profits for the first four weeks are $1090.84. That is about half of the $2000 a month average that will be needed to reach $10,000, but it’s about what I expected for the month of May. Things should pick up considerably in June and July.

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On June 9th I will be leaving for a week long fishing trip in Canada with my oldest son. While there, I will not have access to the Internet.

During the week that I’m gone, Stephen Banks will be stopping by and sharing some of his ideas and thoughts on doing business on eBay. Stephen is a long-time reader, going back several years to before the Cold Item days. I”ve never met Stephen but, through our interactions on the Net, I’ve come to respect his thoughts and ideas. I don’t know for certain how often he will be posting here, or what he’ll be writing about. However, I’m confident whatever information he provides will be worth your while reading.

More than likely, you will find one or two posts by Stephen within the next day or two as we make sure things are set up properly so he can post and he makes himself familiar with the WordPress back-end.

There will be no eBay items listed on eBay this week because I won’t be around to answer questions potential buyers may have. The items I purchased during the last week will be on eBay starting the 17th.

Finally, a question. Is anyone else noticing that it is taking PayPal considerably longer to clear e-checks than it used to? Most of the e-checks I used to receive cleared withing 3-4 days. During the last few weeks that time seems to have increased to a week or longer.

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