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Old 09-14-2011, 04:37 PM
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So in the not too distant future the revenue to Caisleán Balog will be basically cut in half. While this won't be the end of the world, it'll certainly put a crimp in my fun money for things like bass gear etc. I've been thinking of little ways to generate a side income, not so much to replace that which I've lost but as a low level "beer and bass" money generator.

One idea I've been looking at is flipping gear on Craig's List. Obviously there is some risk involved in this, but it seems a minimally invasive (as well as self funding) way to turn over a few dollars. Anyone have any experience doing this? So far finding a quick and easy way to value items seems to be the most difficult part. Any thoughts?
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Old 09-14-2011, 04:47 PM
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Hey Balog,

I did this years ago and was able to make a couple thousand over one summer, keeping a few basses in the process. Was definitely a win-win back in the day.

However, I've taken a look and deals are certainly fewer and far between. Research is much easier to do these days than a couple years ago, where I logged eBay closing prices, trend analyses of instrument values, and bought items 20-50% under their going values regularly.

It's certainly doable, but it requires capital investment, something that doesn't sound quite up your alley. Perhaps a part time job may be a little more consistent?
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Old 09-14-2011, 04:53 PM
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Old 09-14-2011, 04:58 PM
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Originally Posted by tplyons View Post
Hey Balog,

I did this years ago and was able to make a couple thousand over one summer, keeping a few basses in the process. Was definitely a win-win back in the day.

However, I've taken a look and deals are certainly fewer and far between. Research is much easier to do these days than a couple years ago, where I logged eBay closing prices, trend analyses of instrument values, and bought items 20-50% under their going values regularly.

It's certainly doable, but it requires capital investment, something that doesn't sound quite up your alley. Perhaps a part time job may be a little more consistent?
Between studying for my apprenticeship, fixing up the house, and perhaps starting a small consulting business a side job isn't really in the cards. The "problem" with all of those is that (in the accounting system my wife and I agreed on) those are all normal profits that go into the general ledger. If I want to buy bass gear from general ledger funds I need to justify it. "Cause it's awesome!!!" is not a good argument to make.

I have a little starting capital, and I figure with a consistent system on the low end stuff I can get enough to snag a motorcycle or two this winter. At least here in WA the dead of winter motorcycle prices can be >$1k less than spring/summer prices. I'm sure there are tons of things I could do the high/low on, but bass gear and motorcycles are all I monitor enough to have a good idea of what will sell.
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Old 09-14-2011, 05:00 PM
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Perhaps you could join a band?
Once I suck less this is actually a viable option I'd love to explore...

I did help a local band do sound once and the BL expressed interest in having me be their sound guy. I really need to call her...
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