Good way to profit

[1ZlowZ]

Not really a business but something I've been comtemplating to do for a bit of cash. OK so a couple of days ago I went out of state and while I was there I noticed people just through away their aluminum cans. I asked how much they sell for a pound here and they said 20-25cents a pound. Where I sell them I get near 2.10 a pound. I go over there and buy them for say 50 cents a pound and come back over here and sell them.


I figure I'll need atleast a ton a trip to make it worthwhile.

50Cents x 2000LB = 1000$ Spent
1.50 x 2000LB = 3000$ Total
3000 - 1000 for buying them = 2000
2000 - 500 for gas = 1500
1500$ profit!

I spend about 1,500$ total and 1,500$ profit.

Not bad for about 4 days right? Housing would be free I hope I got relatives heh.

And thats at 1.50$ a pound where over here it usually sells for about 2.xx$

Good idea or no? Would there be any problems? :eek3d:

[HyperTek]

your 16 years old, good job! keep it up.

[keistyle]

do it. Then get a cool license plate

[dert420sx]

gotta applaud your business sense.
not too many 16 y.o. nowadays have any entrepreneurial sense.

way to find a profitable niche.

[A31CEFIRO]

not a bad idea. Try on a little smaller scale first and if it works out go bigger.

[Taniguchi_Is_#1]

watch the seinfeld episode where newman and kramer do this.

[imotion s14]

Not really a business but something I've been comtemplating to do for a bit of cash. OK so a couple of days ago I went out of state and while I was there I noticed people just through away their aluminum cans. I asked how much they sell for a pound here and they said 20-25cents a pound. Where I sell them I get near 2.10 a pound. I go over there and buy them for say 50 cents a pound and come back over here and sell them.


I figure I'll need atleast a ton a trip to make it worthwhile.

50Cents x 2000LB = 1000$ Spent
1.50 x 2000LB = 3000$ Total
3000 - 1000 for buying them = 2000
2000 - 500 for gas = 1500
1500$ profit!

I spend about 1,500$ total and 1,500$ profit.

Not bad for about 4 days right? Housing would be free I hope I got relatives heh.

And thats at 1.50$ a pound where over here it usually sells for about 2.xx$

Good idea or no? Would there be any problems? :eek3d:

Gotta love the free market huh?

But iirc there are laws and regulations in the scrap metal business. I'd check into that first.

[duffman1278]

One mans trash is another mans treasure.

Do it to it.

[K_style]

Not really a business but something I've been comtemplating to do for a bit of cash. OK so a couple of days ago I went out of state and while I was there I noticed people just through away their aluminum cans. I asked how much they sell for a pound here and they said 20-25cents a pound. Where I sell them I get near 2.10 a pound. I go over there and buy them for say 50 cents a pound and come back over here and sell them.


I figure I'll need atleast a ton a trip to make it worthwhile.

50Cents x 2000LB = 1000$ Spent
1.50 x 2000LB = 3000$ Total
3000 - 1000 for buying them = 2000
2000 - 500 for gas = 1500
1500$ profit!

I spend about 1,500$ total and 1,500$ profit.

Not bad for about 4 days right? Housing would be free I hope I got relatives heh.

And thats at 1.50$ a pound where over here it usually sells for about 2.xx$

Good idea or no? Would there be any problems? :eek3d:

where would that out of state be ?

[Bubbles]

watch the seinfeld episode where newman and kramer do this.


That's the thing, did they pull it off?

[ALTRNTV]

He's from Apple Valley, so that out of state is most likely Nevada or Arizona.

[Taniguchi_Is_#1]

That's the thing, did they pull it off?

doesn't matter. also:

Suspects Arraigned In Pop Can Smuggling Ring - Detroit Local News Story - WDIV Detroit (http://www.clickondetroit.com/news/14214576/detail.html)

[1ZlowZ]

Well I thought it was a good Idea, I don't think a couple grand is worth a 20 year sentence. Might be more lenient on a minor but, I wouldn't risk it anymore after reading that.

[HyperTek]

keep it up! than you will realize theres more money in metals, and start stealing copper piping and catalytic converters lmao

[Bubbles]

start stealing copper piping and catalytic converters


Everyday I'm hustlin'

[0100]

watch the seinfeld episode where newman and kramer do this.

Haha that's the first thing I thought of when I read the post.

Trash is big business. I wish I had a huge plot of land to open a junk yard.

[Shift-240]

do it. Then get a cool license plate

the....CAN-MAN

[punghouse]

do it! nice haha need a partner!

[ILoveMyRHS13]

Well if you have relatives in that state, have them save all of their cans and then go get them and sell them and give them some of the profit.

[Bubbles]

doesn't matter


What's the point in doing something if it doesn't work.

[undesiredshoe]

A good way to not get caught is to transport one can at a time

[FRpilot]

i want to watch that seinfeld episode now

[Future240]

your 16 years old, good job! keep it up.

Agreed Kudos to you 1ZlowZ. It sounds like a pretty sound idea.

[bigOdom1]

it is not illegal to pick up cans off the side of the road and cash them in. not as glorious and a little more work, but there is no cost in aquiring these cans and you profit while helping with pollution

[Taniguchi_Is_#1]

What's the point in doing something if it doesn't work.

"don't do it unless someone has already done it and succeeded."


god bless america.

[WanganRunner]

There was some hobo back in the 90's who did this (I forget which city) and started clearing like $250,000 per year at it.

If it works, go ahead and do it. Start on a fairly small scale first, and remain that while your profits will rise with volume, certain fixed expenses like the gas won't really go up as you grow the business, at least not proportionally.

Sounds good, actually. I have a lot of "side ventures" and I'm always looking for something new.

[Dirty Habit]

The way to do it is go to your local college tailgate partys and pick up cans.

Kids do it all the time at the michigan games. Make some good money at a young age if your ambitious.

[aziankingz]

homeless people do this all the time.. in manhattan you can probably make nice green doing this since theres at least 1 garbage can each block and 1000s of blocks.. just not a glamorous job..

[DALAZ_68]

nice idea, but, if they catch wif of you doing this...and they check out the cans and notice there out of state, they can be legible for criminal activity, and bet ur ass they will point at you...


if u do this, fuck, good luck on it...

nice dea though

[SochBAT]

If anyone read the article, it mentions on key point.

They were turning in NON-REDEEMABLE cans to states as REDEEMABLE. THAT is an offense, but if your cans are kosher, keep that hustling up.

[1ZlowZ]

What do you mean by that? Non Redeemable and Redeemable?

[FRpilot]

homeless people do this all the time.. in manhattan you can probably make nice green doing this since theres at least 1 garbage can each block and 1000s of blocks.. just not a glamorous job..


theres people who do this all the time at parks, school campuses, places that are croweded like malls and amusement parks, etc. i kind of feel sorry for them, since they are mainly older asian people and need it to survive. i doubt they're rich from it.

[SochBAT]

What do you mean by that? Non Redeemable and Redeemable?

Its not rocket science.

Non-redeemable = can't cash it in

Redeemable = can cash it in.

Its like going to buy a car with $1000.

4 of those bills are $100 Monopoly money.
The other 6 are $100 US dollars.

---------

OR

---------

You buy a car with 1 Trillion dollars from Nigeria.

[Mi Beardo es Loco]

great job. you're well on your way to pan handling like a mad man! jk.

[allturbotim]

good luck im sure you can make a lot of money after a while... you should also look into how much their copper is worth out there, cause its worth alot in cali

[1ZlowZ]

I just looked at a can it says CA CRV, could I get introuble if the cans I sell dont say CA CRV but a different state.