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Season 1 Ep 2: Resale Kit, On the Driveway, No Co-Pilots
     Added on 01/26/08 by Betsy

Resale Queen - 2008-01-26.mp3
Show: #002
Length: 18:36
Size: 12.8mb
Format: mp3


This Week's Show: What you need in your resale kit.
Cell phone
Don't call, but text
Don't draw attention to yourself
Use misinformation
1. Screw drivers - all kinds and Allen Wrenches
    a. Tape measure
2. Batteries - all kinds to test the toys
3. Magic Erasers - cleans everything
4. Grubby t-shirt - also for cleaning and camouflage
5. Knife
6. Some boiled potato type of dude to look stuff up
7. Car should be prepared
    a. Baby seat Removed
    b. Gas tank filled up
8. Black Light - to see if McLovin owned your product at one time
9. Stack of newspaper - so you can look homeless but also wrap your own stuff

Most of you will know us from our podcast (read post)



 
 

Karma As Co-pilot
     Added on 05/31/07 by Betsy

Yesterday's post about the universe using Goodwill and garage sales to offer it's wares came true yet again.

I have been collecting baby crap for a woman who is broke and didn't even have the cash for a car seat.  She works at a retirement home full time for seven dollars an hour and has a 2 month old girl. 

Two weeks ago a friend of my mothers-Pat-who works at the same retirement home called and asked me to collect stuff for her, she had gone in with her coworkers and raised $20.

All they wanted was a car seat to keep the baby safe and free up mom to go to the grocery store alone with the baby.  I took this as a challenge.

My 2 year old had a 1 year old highly rated car seat she was to big for, so I cheated a little and passed that along.  I asked did she have a bouncer, swing ya know all that junk the rest of America takes for granted. 

No,  Pat said she has nothing.  She works all the time and her mother watches her daughter.  She financially supports her mom, herself and her daughter on 7 bucks an hour. 

So Karma and I went shopping. 

Saturday in mid- May is prime sale season.  On this particular day there were 29 subdivision garage sales, each sale having 11-110 sale houses.

I started at 7:30.  Now one of the problems with starting early is that people. . .  (read post)
 

Ebay, Taxes, and Elmo
     Added on 11/25/06 by Betsy

Question: I found your sight in my search to find if my tmx elmos would still sell well
closer to Christmas (I'm sure you noticed the expected drop over the holiday).
I sold pretty heavy for a month or two last year and then bought heavier on ebay
than I sold.  I stopped buying do to a couple really bad experiences and and
back to the selling side; when I started my biggest concern was taxes (When to
charge, when to declare, what forms, etc...) and at what point I became a
business versus an individual selling a couple items on ebay.  I didn't know
what it all entailed and just decided to drop selling for a while.  Stay at home
mom as well, knowing my ebay options would be helpful.  What have you learned
about declaring taxes at the end of the year, etc / and at what you become a
business and need to start worrying about legalities.
Thanks for your time 
Amy

Answer:

Without fail this is THE cocktail party question I get asked once I cop to selling on Ebay as a mommy profession: "Do you have to pay taxes on that?

What people really want to know is:
"Do YOU pay taxes?" Though generally, people are far to polite to be that forward.

According to my accountant, tax year '05 was the first year the IRS had a professional category named "online auction sales".

I pay taxes. It is. . .  (read post)
 

Garage Sale Etiquette
     Added on 11/07/06 by betsy

Now when I am walking up your driveway, you should welcome me with open arms.

There aren't too many occasions in life when people come to your house to hand you money.

OK so your garage sale ad says 9-2, and I was there at 6:30 but the early bird catches the.... and I've got cash.

Don't try to make me feel like I should be honored to set foot on your blacktop.  I have a college education- I just choose to dumpster dive- I could totally go get a job tomorrow.  OK so I would be hawking rental upgrades at Enterprise- but I'm not a total loser.
 (read post)
 

Elmo TMX- how to find and sell yours for mad cash
     Added on 09/30/06 by betsy

So this week's sale of the century wasn't at a garage or warehouse honey.  It was at Toys R Us.

Last week I recalled all I had gotten my niece for her birthday was some previously nibbled play food, and since she was standing on the driveway i bought it from- it wasnt actually a surprise. 

So out of guilt I went where the Queen rarely goes, somewhere where new in box is an expectation not a bonus.  Yup Toys R Us, walkin around the joint I realized how I make such mad cash.  Toys are pricey plastic!

While I was wandering around the store I stopped in front of the Elmo display- my niece loves Elmo.  Of course there was a giant blank space where there ought to be floor to ceiling Tickle Me Elmo TMX dolls.  I had seen a segment on Good Morning America about how these were selling out and my sister had looked up the completeds and told me they were worth $80-$100.  Toys R Us is selling them for $39.99.
Now I know to the rest of the world a 100% mark up is unheard of in most things legal, but to the Queen its not all that impressive.

As I was standing there a  store person walked by and I asked if by chance they had any Elmos in the back, since what the hell I'm standing there and I have$ 80 bucks burning a hole in my pocket.  The dude looked genuinely apologetic and went into this long spiel about how it. . .  (read post)




Garmin nüvi 260W 4.3-Inch Widescreen Portable GPS Navigator $119.99

Garmin Portable Friction Mount $21.21

Garmin nüvi 765/765T 4.3-Inch Bluetooth Portable GPS Navigator with Traffic Too low to display
 
 
 




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