Red Sled

[OTB]

Originally Posted by Dave

dude, when i grow up i want to be OTB. that or have enough loose money i can grab some of these goodies he always finds

You don't have to wait to grow up...just do what I did and do today:

I am just another working stiff. I teach at a private school and make less than public school teachers; so I'm not 'zackly rolling in money.

Ten years ago i was bikeless and all but broke. I convinced my wife to let me use $1000 of our scarce cash to find a bike, rehab it and flip it; I had to repay the household fund from that first bike sale, but the cash I made over and above I got to use as my motorcycle fund.

I found a 10+ year-old bike with low miles in excellent cosmetic (but carb sit-itus non-running) condition for my budget. I spent hours but very few dollars getting it running and pristine as possible; sold the bike in two days and doubled my cash. Payed back the bike fund and never looked back.

For those of you who say "Sure, but a grand won't get you ANYTHING now"; I say BS. I just picked up a low miles, neglected but running Buell Blast for $500, cleaned it, tuned it and put it through inspection (total cost of parts and inspection $110) and delivered it yesterday for over twice my cash layout.

I post the snazzy, unusual or fun finds that I get , ride and flip, but most of the bread and butter stuff I never post on here; It's cleaned up and resold in a day or two; I often never ride many of the bikes I sell...

And I don't bat 1000: About 1 out of 10 or so I may break even or actually lose money. Sometimes it's because of hidden mechanical issues, sometimes it's because I've misjudged the market for that particular bike; sometimes I forget and buy based on what I like rather than what is best for a quick turn (Like that snazzy Benelli; it's going to take MONTHS to move that, and I might take a bath; ...but what a COOL bike!).

I am just an average joe...if you want to do this, it's just takes time, a little patience, some research and a little bit of startup cash......