So, for clarity, where exactly is your line?
1/3?
1/2?
1/10?
Can you get specific?
Enquiring minds want to know.
.
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Why "Flipper" is an F word here.
- Thread starter jdwk
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So, for clarity, where exactly is your line?
1/3?
1/2?
1/10?
Can you get specific?
Enquiring minds want to know.
.
bhunter
The Spherical Cow
Why is there anything wrong with that? If you do not want to purchase the piece, then don't. People need to think of the cyclical nature of economies and how they function. That $300 will find its way back into the economy. What's even more absurd are those that think breaking windows helps an economy.
never less than a third, but sometimes (often) can be more, depends on the piece. sometimes I have had to offer enough to where my profit was rather small. in an upgrade situation I have offered what I could sell my other piece for so I can get a model of something Id rather have ( in a case where what I had and what I want are worth the same or very close) I do that if I am trying to get a piece for myself so "profit" is not whats important not losing money is whats important. I dont keep tons of spare gear like many on AK, if I get something new I usually sell off the old piece, sometimes it sells for less than I bought the new piece for, but it lowered my actual cost on what I keep. no one got bent over on any deal I have done. that comes back to haunt you if you do that. I believe in Audio karma, not just the site but the concept.
I do the stay-at-home dad thing, the only way I make any money for myself is by buying and selling audio equipment. Sadly, the market in my tiny corner of NJ is full of people buying stuff at Goodwills and Thrifts, so it's rare that I find anything interesting. So what I find myself doing a lot more is restorations for other people, but even this isn't all it's cracked up to be. Try taking your car to the mechanic down the street for work, the one near me charges $85 an hour. Try telling someone you'll repair or restore their vintage audio equipment for $85 an hour, and see how fast they run.
Lee.
Lee.
Of course, none of that takes into account parts, repair/restoration costs, not to mention the time, headaches and risk that dealing in used gear entails.
There are no guarantees of selling price either, lest we forget that as well.
Transactions are like snowflakes; each one is different.
I said it before, there is no objective way to establish guidelines to address each and every circumstance nor are they going to be followed regardless.
All we can hope is that there are still many good & decent human beings out there who strive to play the game as fairly as possible, treat others the way they would want to be treated while living the American Dream through the Capitalist System.
Now, can we discuss why murderers should not kill?
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You hit the nail on the head. That's the key. No objective way.
Although I could be wrong (and I'm sure I'll be corrected if people think I am), it at least seems the OP was trying to do that - 'establish guidelines' - namely, his.
However, I've learned over the years that it's usually a fruitless endeavor to broadcast my 'guidelines' on any topic - let alone a relatively charged topic. My guidelines are usually not in sync with everyone elses. Some people haven't figured that their guidelines aren't in sync with everyone elses, and some people haven't figured out which topics are charged...
The title of the thread also invites exactly what has happened. ("Why "Flipper" is an F word here"). By stating it that way (wanting to make it sound like a fact), the OP is effectively incinuating that everyone here thinks as he does.
Turns out some do think like the OP, but many don't think like the OP.
I know that I have flipped items in the past and paid less than 1/4 of what I flipped it for. I guess in some people's view, I am wrong, immoral and have taken advantage of someone. C'est la vie...
Reminds me of yet another movie quote:
From "The Right Stuff":
"Alan Shepard: Mr. Glenn, you are way out of line. I'd advise you not to try and foist your view of morality on anybody else in this group. Each man here has volunteered to do a job. Each man here is devoting long hours of training to prepare for it, and doing many things above and beyond the strict call of duty, such as morale tours of factories...and foregoing any semblance of an orderly family life. And Mr. Glenn, as long as a man uses good sense, what he does with his zipper or his wick is his own business!"
Yeah, yeah, I know it's a stretch, but the 'foist your view of morality on anybody else in this group" is a good line.... (btw - I had to look up 'foist')....
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Dynamicmad
I just want it to sound good
Would I be right or wrong
I got this for $50 off of craigs list.
Infinity Kappa 7s
Harman Kardon PM665
Matching tu911 tuner.
One emit was out and both woofers needed refoam total cost to repair about $100 so far $150 invested.
The PM665 went to my tech and cost $100 to get fully fixed and cleaned so far now $250 invested.
I sold the kappa 7 for $250 and ended up getting $150 for the amp and tuner so a profit of $150 plus hours of my time. This would be called a flip SO right or wrong??????????????
I got this for $50 off of craigs list.
Infinity Kappa 7s
Harman Kardon PM665
Matching tu911 tuner.
One emit was out and both woofers needed refoam total cost to repair about $100 so far $150 invested.
The PM665 went to my tech and cost $100 to get fully fixed and cleaned so far now $250 invested.
I sold the kappa 7 for $250 and ended up getting $150 for the amp and tuner so a profit of $150 plus hours of my time. This would be called a flip SO right or wrong??????????????
read a few posts up you will find the answer.
According to...? :headscrat
According to.....
....well geez, I don't know.
But enquiring minds want to know. I'm sure we'll be told real soon....
goodolpg
Just an old fart trying to help.
Me too.
Or at least an idea of who not to do business with.
So is it wrong to get a deal on e prey because it doesn't output sound when looking at the posts pics you notice the jumpers aren't there? I have made great purchases this way, one being an Onkyo A-10 Amp and didn't feel a bit guilty. Should I have?
I think you got that for whatever the going rate would have been. I'd find it hard to believe you were the only one that noticed the jumpers weren't there. Besides, there always was a chance it wasn't because of the jumpers, sure when they are missing there will be no sound but what if you had added jumpers and there was STILL no sound? you took a calculated risk and came out on top, maybe you got a deal because other people thought about it and said "maybe the jumpers were there, they took them out and forgot to put them bac in before the photos were taken. I had a chance to get a steal on a Technics SP10mkII with the base, on ebay, but no power supply, without that you cant test the able for issues, it got bid up to way beyond what the buy it now was when I saw the auction. But someone could have gotten a deal but someone tried to bid it and now its more than the BIN was by far.
SoCal Sam
Lunatic Member
Then why the high horse? You are no different from the rest of us.
Sheesh. What a pointless stream of consciousness this thread has become. Don't like what the other guy is doing, MOVE ON DOT COM.
People REALLY don't read. It's amazing. we can stop talking about flipping dishonestly and talk about how many times you can say a very definite thing (even make a list) and you will see how people respond to what they THINK you are saying (even though you clearly said it multiple times) and put things you never said into their response.
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C.A.P
Well-Known Member
AMEN Brotha!
What I pay and what I sell it for is my business.. Dont be hatting because you missed out .. Its the American way ! Buy low sell high!
Do you get mad at your broker when he buys low and makes you a load of cash selling high..
NO ! I think not.. If you sleep well getting a $5 sx1980 from a old lady who knows nothing then its your bed you lay in.. Make your own morals and live to YOUR standards and leave the judgement for a higher force!
In the mean time enjoy what you own and quit wining about what you missed or could have had. IT wasnt your time to strike it! Karma comes in waves !
What are we supposed to get mad at the lottery winner who played one ticket and hit when you spent $100 trying ! This thread is a mute point ! close it and go listen to some tunes on YOUR system !
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