For your position in th industry the prices look reasonable. If you want paid well for breaking stuff down you are going to have to pick and choose what you break down better. I have totes of dirty cast au that is not worth my time to clean. On the other habd every auto rad gets cleaned before it leaves the shop. This isint exactly a jump in and make a fortune business anymore. When I started I could make all kinds of mistakes and still make money now days one goof up on a container could make it a loss quick. I load all my containers myself because we buy on such a tight margin that I cant afford to have one sent back.
Good luck, but it aint what it used to be.
Thanks for your thoughts. I definitely won't be wasting time breaking down shelving and such anymore. At .08 cents a pound it isn't worth the trouble.
Yeah your getting in right along with everyone and there mother. you need to find a niche in ur area that you can fill cause every person that made it to 10th grade can figure out Craigslist by now. Prices are better then alot of yards i see. Network yourself around will make ur margins rise. With bulk nights in a densely populated area your going to have better luck parking that truck, have some flyers and go knock door to door and ask if they have any
scrap metal they would like removed. how you get the to agree is ur homework. I havnt been in the scrap game long but in this big ass city its pretty funny to run around town hitting scrap yards for better pricing and getting walked up to by other scrappers/ lurkers that know my car and that i pay well for my scrap. Getting
business cards will give you a huge leg up. -Good luck cause this game is nothing but hard work and thinking about how to make that buck turn into 2. Your either gonna hack it or burn out -Dune
I'm definitely trying to find that niche but it is gonna take some time. I've tried the flyers and the craigslist route as well as a small ad in a senior's magazine and so far no real action. I guess I'm gonna have to go the old fashioned route and just go around and talk to people. I've never been too keen on going door to door because most people(myself included) don't want to bothered at home but I suppose I can figure out another way to get this done. Trying to network and buy other people's scrap seems like a great idea that I'll have to give a go.
Not to sound like an ass but what did you expect after 3 days of doing something that you really don't understand? What kind of results were you thinking you were gonna get? I mean if it was that easy to make money scrapping everyone would do it. Also you have 68 bucks more than you had 3 days ago.
Best advice is read the forums and use the search feature for any questions you may have. Like Rio said you need to pick the stuff that is worth ur time. Is it worth taking 20 mins to break down something that wieghs 1/20 of a pound of what ever. Good luck with your scrapping. I personally dont look at it as so much an hour. I look at how much money I have. I keep track of all my sales. If i make enought to pay my bills and some cash for fun the i am happy.
No worries on sounding like an ass. But seriously I absolutely didn't expect something for nothing. I understand it takes hard work and know how to survive yet alone thrive and I don't mind putting in the work but the way I went about it all the hard work and know how in the world and I'd still be in the red. I'm not sweating the loss too much because it's just a lesson to learn from, but I did find it curious that I saw 4 different 2 man crews out pulling the same types of items I was and I spoke to 1 other guy briefly that night and he said he'd been doing it for years in that area and he makes out ok. I was just alarmed because I figured I screwed up either in the sale or breaking things up because I can't imagine a two man crew making any money doing what I did by myself. I definitely won't bother pulling anything a magnet sticks to unless it's heavy and compact. Anyhow, thanks for answering.
Scrap happy, what yard did you go to because I think you got low balled on the ferrous price. I am on the island too and since I started in March I haven't gotten less than .11# for my scrap metal. The two I use are Gershow which has 8 yards all over the island and 2 brothers which is on rte 110. Both yards have been good to me and helpful.
I used A & A in Queens. I went with them over Gershow mainly because the guy I spoke to at Gershow acted like he couldn't be bothered when I tried to ask him a couple of questions on the phone. I haven't spoken to Two Brothers.
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