Re: fixer up buisnes

Posted by Tim, Ohio on May 03, 2007 at 17:25:37 from (67.140.101.106):

In Reply to: fixer up buisnes posted by james in mo on May 03, 2007 at 08:59:56:

James,

Everyone's comments here make sense, but they do not address your desire to do something you enjoy. Here are
my thoughts: It is not likely you will make much if any money unless people give you free tractors
and lawn equipment to fix up and sell. Even then,
you will not have much of a profit for the cost
of parts being so high. Now, if you can use old
salvaged parts to fix up another tractor or lawnmower you might do a little better. But, you
have to face the fact there really is not much money in it. On the other hand, if this is truly
a hobby and something you will enjoy then go for
it. It makes sense to sell them to get most of your money back out of them. You also can place
some value on the experience and knowledge you gain from all of your tinkering. Afterall, it is
no different then homeschooling or being self educated. Make notes, keep a journal with both
monetary figures and information about what you
learned. You can look back at it with a better understanding of what you have accomplished.
For what it is worth, I wish I had done more of this sort of thing when I was a kid. Now, as an
adult I have all the money to spend on tinkering
with very little knowledge, but about 1/10 the time. Remember, this is just my .02 cents worth.

Good luck,

Tim, Ohio

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