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RE: Goodwill Outlet Income Experiment Residual Sales - Week 1
Hmm, during the 30 days it took 4-5 hours to drive to the Outlet and back, search for things, clean them up, photograph them and list them.
Now it is simply putting them in a box or polymailer and printing the label. Then dropping them off at the Post Office on my way home.
So in theory, if you worked at it for about 8 hours per day for the same rate of return, $3K/month isn't an unreasonable expectation, and that translates to a decent $36K/yr pre-tax and pre-expenses. Depending on your cost of living and the level of consistency you can maintain, that isn't too bad really.
Oh, certainly. This was just one store. If I made the rounds of all the thrift stores in town and hit garage/estate sales on Saturday I would increase the profits.