and....it sometimes tells me things I didn't know.  For example if they ask for a item back, investigating it has revealed that the $2 item is actually a $400 item.  Yes that item your grandfather gave you before he died is of immense personal value to you.....uh huh. 

Uh, what kind of karma are you trying to generate with this statement? hmm? 

How did I miss the announcement that you getting into a store ?  If I missed a thread can you give me a link, or otherwise fill me (us) in.  With only 10 or so posts a day of late on the forum almost ANY news is good news !

Craigslstauction hasn't been active for about 3 months here, rockintheretro and the gal from Florida have been absent for what seems like a year.....pretty DULL around here.

Yeah I got a good deal on some warehouse space and it was large enough to set up a section of it as a store. Sort of a hybrid re-sell store/ discount warehouse. It's kind of off the beaten path so it's not really in a good retail location even though it is zoned for commercial business. We thought since we are already paying for the space why not try to do yard sales there.

From the very beginning I treated this venture as a business and not a hobby even though I've only been doing storage auctions part time until very recently. I have an accountant that does my books and according to him the last 2 fiscal years combined I have a running loss of around $7,000. Since this was part-time business, I had other income supporting me. Even though I have a running cash loss, I probably have 3 times that amount in inventory & property. Inventory & property is an asset on the balance sheet not "profit". If I were to sell all I had in one month then I would be looking at a killer profit! Unfortunately, I only sell a fraction of the inventory per month & there are fixed operating costs plus variable costs always accumulating. Not to mention buying more inventory (storage units). I no longer have the luxury of having one good month, say making $2000 in "profit", then taking the month off to enjoy the spoils. The fixed cost of the business are always chewing away and will eat up the profits from one good month quickly. The first 1-1/2 I would itemize the units to determine how much each unit would make. I no longer itemize units and just do a month to month cash flow sheet. I had an expensive Spring & sales have been slow this summer, but I'm showing around $1700 "profit" for the year. How I fair at the end of the year will just have to wait and see.

During the sort I pull anything that will get at least $10 on Ebay & sell those articles there. At yard sales I would sell clothes at .50 cents & jeans + jackets for a dollar. Now that I have a store, anything not Ebayable gets rocked out at .25 cents a piece. I move a lot more clothes this way. Not really leaving "money on the table" cause the velocity of money coming in at that price is quicker then at .50 cents or a dollar a piece & I have less clothes taking up space or need to donate. Any clothes during sort that have stains, tears, excessive wear; socks & low-end under garments go straight to neighboring thrift store.

At least you gave it a try. It's been tough this year, sales are coming slower then usual it seems, and there's competition too it seems. Good luck in your new venture.

A few months ago, I bought this unit that had about 15 pair of Jordans & Nike Air Force 1's in new or like new condition. I'm just now getting around to posting them on eBay and I'm liking what I'm seeing so far. 4 days left and already at $177 for a used pair of shoes. The first pair has already tripled my expectations. I think I may have hit a valuable collection but only time will tell. Can't wait to post the rest of them.

http://www.ebay.com/itm/200933027109?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

Only bad part, the highest bidder has zero feedback.

That happens every time I list things like "Jordans" & "Snapbacks". It's been about 50/50. Half the time smooth transaction, the other half; flakes.

I totally understand both sides here of the spectrum. I suppose I sympathize more with single parents, out-of-work-parents (now that summer is here), and parents who cannot afford a sitter. Everyone has to try to supplement their income somehow, and I can't look down on someone who needs it. That's all I am saying. Consider the "why" the kids are brought more than the kids are there.

Yep, that's why the kids are either at the shop or at the auctions. Anyone seen how much it cost to put more then one child in a summer camp!