Author Topic: Craigslist Rental  (Read 2536 times)

Glenstache

  • Magnum Stache
  • ******
  • Posts: 3493
  • Age: 94
  • Location: Upper left corner
  • FI(lean) working on the "RE"
Craigslist Rental
« on: November 25, 2014, 02:54:15 PM »
So, I had some big piles of brush to get rid of. Rental of a chipper/shredder would have been $150/day and I would have needed it for 2 days due to transport logistics. Burn piles were not an option for a variety of reasons. So, bought a used chipper/shredder for $170 from a pawn shop (a first for me), and then sold it on craigslist a week later for $200.

Difference is spending about $300 on a rental vs. netting about $25 (I did run a bit of gas through it).  Bonus: I don't have to own and store a chipper. Logistics were about as easy as renting.

solon

  • Handlebar Stache
  • *****
  • Posts: 2359
  • Age: 1823
  • Location: OH
Re: Craigslist Rental
« Reply #1 on: November 25, 2014, 03:21:08 PM »
One of the most eye-opening concepts MMM ever brought up is the idea of using craigslist as a storage unit. If you don't need something, "store" it in craigslist. Then when you need it, just go bring it out of storage.

The same is true for libraries. I love books, and have had a huge personal library for many years. But now my library is hundreds of times bigger, with a full-time paid staff!

Rage

  • Stubble
  • **
  • Posts: 147
  • Location: SoLoNoCo (aka Longmont)
  • Eat the Horses
Re: Craigslist Rental
« Reply #2 on: November 25, 2014, 03:28:08 PM »
Wow, this is awesome.  I've been meaning to check out the local pawnshops for some stuff that I can't seem to find on craigslist, but those places kind of scare me. 

Anyway, way to think outside the box. 

arebelspy

  • Administrator
  • Senior Mustachian
  • *****
  • Posts: 28444
  • Age: -997
  • Location: Seattle, WA
Re: Craigslist Rental
« Reply #3 on: December 03, 2014, 12:38:11 PM »
So, I had some big piles of brush to get rid of. Rental of a chipper/shredder would have been $150/day and I would have needed it for 2 days due to transport logistics. Burn piles were not an option for a variety of reasons. So, bought a used chipper/shredder for $170 from a pawn shop (a first for me), and then sold it on craigslist a week later for $200.

Difference is spending about $300 on a rental vs. netting about $25 (I did run a bit of gas through it).  Bonus: I don't have to own and store a chipper. Logistics were about as easy as renting.

That's badass out of the box thinking.  Love it!
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
I (rarely) blog at AdventuringAlong.com. Check out the Now page to see what I'm up to currently.