September 12, 2025 • 43 mins
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I sat down with Shannon Jean again for another fun and practical episode. If you missed part one, go check it out first. He shared how he got started and built his business around flipping liquidation inventory. This time, we went through a bunch of live listings and talked about the broader strategy behind spotting great deals, understanding the market, and making real money from what others overlook. Shannon’s been doing this for decades and his insights just keep getting sharper. We covered everything from boring products to surprising opportunities.
You can find Shannon on X: @ShannonJean (https://x.com/ShannonJean)
And learn more at: https://shannonjean.com/
Enjoy!
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
High end toilets that are $823 each.
Well, this whole deal sold for 750 bucks and there's ten of
them. This is such a small risk.
A member that's in Sacramento, they started buying just
pressure washers, sold 600 of them.
But just 10 days ago, he bought his first truckload of outdoor
furniture, patio furniture, recouped the truckload
investment and hit profit territory.
(00:20):
In the 1st 36 hours, we're goingto make $100,000 profit.
They give away ambulances. Dude, really?
Oh yeah, fire trucks. 2 fire trucks full electric buses sold
for between 2500 and $25,000. You could start a business just
finding buyers for these. Don't sit there and watch stupid
reels. These opportunities are out
there. Oh, there's a million reasons
not to do any of this stuff, butyou're missing out on the
(00:42):
opportunity. About a month and a half ago, I
had my friend Shannon on for about the 12th time.
We did something a little different.
He shared a screen. We went to all these random
auction sites and we went shopping for liquidation,
pallets, overstock, furniture, you name it.
And it was one of my most popular episodes ever.
So I had Shannon back on for the13th time or so.
(01:03):
We did the same thing, except weshopped for cooler things.
Some very affordable, some very expensive.
All very cool. Most boring because boring sells
for my audio listeners. You can still get a lot out of
this, but it might make a littlemore sense if you watch on
YouTube. Usually my YouTube episodes go
live about 12 hours after the audio episodes go live about
four or 5:00 PM central time thesame day, but you'll still get a
(01:26):
ton out of it if you're not on video.
Super tactical, you know the drill, yadda yadda.
Enjoy. I want to talk about boring
stuff for a minute, though, because I think it's so good.
This is a company called WinstonWater Cooler, right?
Which I've never heard of, but they sell plumbing supplies and
bathroom things. So this deal, the best part
about this deal, I'm pointing atmy screen.
(01:47):
You can't see me. The best part about this deal is
nobody put any effort into that title.
It just says 1 pallet of plumbing fixtures.
OK, I'm like, oh, that's weird. And that's a signal.
That's a signal to dive in because it means other people
aren't. Yes, exactly.
Because you're like, oh, that's boring.
I don't want to buy pipe and plumbing fixtures that connect
(02:08):
that pipe, but I do want to buy high end toilets that are $823
each and $787.00 each. 706 hundred 520 Kohlers.
If you look up these toilets, these are very good.
I think 750 was the best price Ifound for this Caro, you know,
whatever Caro 2 toilet. Well, this whole deal sold for
(02:30):
750 bucks. 50 bucks a unit. $50.00 for $800 toilets.
And there's ten of them, they'renot all 800 bucks, but the
cheapest 1's 150, right? And so I always harp on, do your
research, figure this stuff out,but this is such a small risk to
get into this business. And if you know anybody,
(02:50):
especially it's a house flipper,remodeler, contractor, whatever,
or even just selling these on Facebook marketplace, I think
you could sell them for half offand you don't make yourself
three $4000. Yeah, no problem.
And because nobody knows who Winston Water Cooler is and this
is a big mistake. This would be like you trying to
(03:11):
sell it. This is, you know, you have to
have all this great detail in your product listing, right?
Because that's the SEO, your keywords and all that stuff.
So I love this deal and any deallike this, it's fantastic.
Oh. So good you could list these on
Facebook Marketplace before evenbidding.
Absolutely. See if there's demand.
Yep, and these deals are available everyday.
(03:32):
The product is not the most important part of this whole
scenario. It's it's the process right, the
systems and getting it figured out.
So I love this deal. There's another one that this
one OK, one pallet of pipe valvefittings.
It's $27,775 their price. They're they're a distributor.
(03:52):
They don't even, I don't think they have a whole retail, but
it's sold for 1500 bucks. So there's 256 units.
It's brand new. If you're in this business, this
could be, you know, one of the best money makers that you've
that you found. It's incredible.
I really like the boring stuff because there's less competition
to buy it because I think human nature is we're kind of
(04:15):
attracted to the shiny, you know, sexy stuff.
But things like patio furniture,carpets, once Costco started
selling, you know, ruggable the the rugs you could throw in the
washer, which is a big game. Once they started selling those
for four or 500 bucks, it changed the whole carpet because
you've got like a branded carpetnow, which better than, you
(04:37):
know, just some no name, you know, carpet.
I still love pressure washers. If you're mechanically inclined,
I think there's a big upside to there.
And I love seasonality. Like right now buying outdoor
stuff and black stones and stufffor the lake and all that kind
of stuff that the prices to buy have started to dip because
we're headed into fall and, and all that kind of stuff.
(04:58):
So those kind of things I'm, I'mreal excited about.
I still love industrial stuff, things that like plumbing stuff,
HVAC stuff, but it takes a little more sophistication.
So again, it's another Moat thatyou're that is around that kind
of auction. And it's the same with once you
can get up to buying truckloads at a time, it totally changes
everything because you've eliminated probably 99% of the
(05:22):
people that are just getting started.
You always want to build a boat around.
You want to be the only buyer ifyou can.
Yeah, You know, so it's it's it's really cool.
So boring products. And we're going to talk about
some of those boring products today.
We've got some sexy stuff mixed in too, because that's always
fun. But yeah, it's cool.
OK. I want to start off to something
really simple that's so easy. Everybody has a target near
(05:44):
them. Everybody can see what they
sell. It's really basic, but a lot of
people miss it and so let's justtalk about this small deal. 5
pallets, train tracks, right sets.
And there's some other stuff too, but these train tracks are
like wooden train sets and has little houses and farm and all
that kind of stuff around them. You know, for little kids to
play 240 units. What I love is when you can jump
(06:08):
on the Target like website and see they're still selling this
train set for 120 nuts. So 130 bucks.
You can't sell it for that, right?
Because you're not Target. But, and when I searched eBay
and and a few other places for sold listings, about 80 or
$90.00, right? And these are brand new.
You know, their Target 21,598 was their total price.
(06:30):
It sold for $2600. So your cost on these things is
11 bucks, $11.08 a unit. What time of the year is it?
Yeah, it's September. So you know, yeah, we're getting
there. You didn't.
But you buy these, you're not going to get them for two,
couple of 2-3 weeks anyway. You're going to be into October.
People are going to, you know, all of a sudden you're going to
be into the holidays. It's just a really simple nice
(06:54):
deal. You could sell on Facebook
Marketplace. You could put these on eBay
because it's a box you could ship out.
You can, you could do it anywhere.
You could, you could live sell these things.
Just really basic here and very low risk, right?
I'm going to pay $11.00. Target's still selling them for
$130.00. I feel pretty safe that maybe
(07:16):
even if you had to sell them for50 or 60 bucks, you're going to
make $40 a unit and you're goingto, you know, you have a couple
hundred of them. So we're going to make $8000.
I've never even heard of these brands.
This looks pretty high quality though.
Yeah, you know Harth and Hand, Iguess it is.
Yeah. And they have all kinds of
wooden toys and I love that. I think parents love this stuff.
(07:36):
It's not plastic. You put it in there and you
know, you'd be a rock star selling these things for 60-70
bucks as we get closer to Christmas.
So, so I, I like this deal. Super simple.
Yeah, I just looked up Hearth and Hand on Google Trends.
Yep, this is what I see. It's climbing in popularity and
I see. I love that.
It's incredible, incredibly seasonal.
(07:57):
Yep. Which is what we're after,
right? Right.
And I couldn't tell you why likeif I had the target, you know
purchasing people on this show, my question would be like, why
are you guys liquidating this? And I will tell you like I
toured a couple weeks ago, the 100,000 square foot returns
facility for some of these large, very large companies.
(08:17):
And you know what their main concern is getting this stuff
out the door because that there's over 1000 pallets inside
this facility. The only thing they are worried
about, we have 5060 trucks coming on Thursday.
We have to get this stuff out, you know, and they're also
worried they want to be good stewards of the environment.
(08:38):
So they need, this has to be part of their story that hey,
all these returns, these things,we all find homes for them.
They don't wind up in landfill, you know, that kind of thing.
The other interesting thing I learned is that much of what
they're selling, like Target maynot even, or this is kind of not
a good example, but some of these higher dollar items are
just shipped direct from the manufacturer.
(08:59):
Like if you buy a bathtub from Costco on their e-commerce site,
it's coming right from Kohler orwhoever it is.
And lots of times those things just can't be delivered.
Something happens, people aren'tthere, whatever, things change.
Well, that product doesn't go back to Kohler and that product
doesn't go back to like Costco, for example.
In this case, you know that product goes to a returns
warehouse even though it's brandnew and gets sold because
(09:21):
they're just trying to move. It's too expensive for them.
And there's nothing wrong with it.
They're brand new, brand new. And on e-commerce, returns are
20 to 30% of every purchase. Every single thing is 20 to 30%
and it's growing year over year,right?
So companies like B Stock, they're just set up and they
(09:42):
have such good credibility that they're just handling this stuff
and they know they want to protect the supplier, whether
it's a manufacturer, retailer, and they want these buyers to
have good experiences. And so yeah, it's crazy.
It's right in front of you, thisopportunity.
These deals are every single day.
We're going to look at deals today that have like no bids,
(10:02):
no, no more fine. It's ridiculous.
It's ridiculous. As long as people are consumers,
there will be deals. Yes, of course.
You know, Costco sells $250 billion worth of inventory a
year and Costco's e-commerce is just getting started.
They're just sinking billions ofdollars.
This is just going to grow Target.
You know, they're, I think they're way ahead of Costco on
(10:23):
the e-commerce front. So just going to go, go, go, go.
I also really love seasonality. Let me show you this, this deal,
it's a Costco deal. No surprise there.
It's 3 pallets of Big Joe. If you've seen those things
floating around pools. These are pool hammocks, which
is really cool. I happen to have one brand new.
(10:45):
It's only 39 units. So it's not something that's
going to you know, you're not going to become a millionaire,
but it's just going to add to your inventory.
Costco is selling them for 15160bucks.
They're the cheapest around because they're obviously only
making 14% profit margin and they normally sold them for 40
bucks. They sold for 11 bucks at this
at today at this auction. So 15160 bucks, $429.
(11:08):
I wouldn't buy these because as you can see, the shipping is a
little high. I'm in Cal, California, these
are in Maryland. I would buy closer to home, but
just a great product to see and you know, you get to see you've
got the original. This is pulled right from the
floor. Yeah, they're not returned.
Yeah, they're not returns. Everything's brand new.
Terrific product to add to your Facebook Marketplace stuff you
(11:32):
might have to sit on it over, you know, the winter as things
go, or if you're in Florida where people are swimming all
year long. I love these deals.
Simple boring. There's nothing to test, there's
nothing to break. There's nothing that's going to
fail when the customer gets it that they're going to get upset
at you about. Like, you know, I was in the
watch business and I had people return watches because when they
(11:53):
were on the plane they would say, oh, the altimeter's off.
It was a nightmare. You know, it's like I keep you
on the plane. I can't be in this business,
dude. I just yeah, so I love this this
stuff and you know, talking about just returns furniture.
Incredible. I like the seasonal stuff
because it removes some of the question mark from what you're
buying because if you're buying something that's not seasonal,
(12:15):
it's like, all right, what's wrong with this?
Is this color just off? People hate the color for
whatever reason, right? But when it's seasonal, it's
like, dude, the hardest thing for any retailer to do is to
predict demand, right? Inventory management is a
nightmare whether you have $1,000,000 business or a billion
dollar business. And so we're buying these pool
floaties. It's like they order too many.
That's the problem. There's no problem.
There's order too many. And I imagine it's the same with
(12:36):
like the trains, you know, whatever they have some
projection they made, somebody made it, somebody made an error.
One thing I see people doing really, really well with this
furniture. And I think because it's harder
to handle, you know, it's you'vegot to have, when I say harder
to handle, I'm talking physically because you've got to
have a couple of people that aregoing to help you move around.
But so I just pulled up these examples of a few.
(12:59):
This is the Costco wholesale auction site.
Truckload of upholstered furniture and dining.
You know 11 hole sets the Costcoprice, which is a far more
trusted price than another retailer that might be
discounting these at half off orsomething like that.
Costco price was 11,440 bucks. It sold this morning for $585.
(13:20):
This is an entire truckload of couches, dining furniture and
they're these are customer returns AB grade.
So this is in College Park, GA. You can see there's some
manufacture pictures. There's a huge couple of sofas.
I do get a little concerned of lighter colors.
I I would say that customer returns you, you're going to
(13:42):
have less cleaning up things than a on a darker color.
Here is the, you know, their shrink.
Some of them are, you know, they're all shrink wrapped on
these pallets so you get to see what you're buying.
I literally walked through warehouses full of this stuff
the other day. Nice that they're wrapped up
couple of love seats, dining room chairs.
These look like high, high levelchairs.
(14:03):
So they're trying to give you asmuch information as you can.
Two big giant. I don't know what they are.
It might be a nice jest inside this thing, but you know, you
get to see all the actually whatyou're going to buy right entire
truckload of this product. OK, coming in looks nice.
You can zoom in, take a look back here, but the whole thing,
you know, sold $53 on average per unit.
(14:27):
And so you can look at the Costco price first, line item
2100 dollars second. Oh my.
Gosh, 1900 is Costco. This is Costco 17115 hundred
1300. It's the opportunity in
furniture and heavy items is insane.
It's just a a really good, you know, product line.
There is a let me talk to you about another company.
(14:49):
Well. Especially if it's nearby, you
right, you don't have to pay forthat freight.
Yeah, if it's close to you, you know, you're obviously going to
going to look as close as you can.
Costco has distribution centers all over that they're doing
this. But I would also say don't get
too hung up on the shipping if the numbers still make sense.
If you calculated and did some research and said, OK, the
(15:10):
Costco was selling this for 11, I think I could sell it for, you
know, 8 and you could pay 500. But shipping was 2000.
Well, it's kind of irrelevant. Would you invest to $2500 to
make, you know, sell it for 8 soyou can make 5500 bucks?
So that that's the way I kind oflook at it.
Freight is just part of the costof goods that you're buying.
(15:34):
Yeah, we talked about this brandlast time.
This is Walker Edison. If you recall, they weren't like
the online version of IKEA. They've just recently started
blowing out outdoor furniture. Yep, right.
Seasonal. Yep, love seats, this kind of
stuff, nice good chairs, all this kind of stuff.
OK, you see it all flat, packed in the box, easy to store.
(15:58):
I love this stuff. There's their warehouse, couple
things. So this is 16 pallets.
They basically going to this is a truckload, basically 250
units. Their price, you know retail
they're saying it's 123,824 bucks.
I don't see them doing massive discounts, but let's just be
(16:19):
super conservative and use my, the retail price as a lie rule
and just cut that in half. So it's like, OK, let's just say
you're going to sell it for $60,000 or that's the price.
Can you sell it for 60? I don't probably not because
you're not them. This auction sold for $7240.
OK, it, it, this was on the, I saved this because it was such a
(16:41):
good deal and I wanted to talk about it today.
So you're into this. You're going to be into it for
about $10,000 with shipping because the truckload, let's
just say it's 3 grand on the top.
So if half the retail is 60 grand, you paid 10, you can't
sell it for 60. Could you sell it for half of
that? Again, for 30 probably.
And so you're going to make a $10,000 investment.
(17:04):
You're going to create incredible content, time lapse
videos. If you putting together the
sample stuff again, it's seasonal things, so you may have
to hang on to it, but how long is it going to take you to get
your 10 grand back? That's that's the most important
question do you have to ask yourself?
Definitely. Oh man.
Yeah, but I would definitely look at this.
This is one of those boring categories.
(17:24):
And if we click in here, I don'tknow if they have anything else
listed today. Yeah, this is so their auctions
ended a few days ago. Within the next couple days
they'll have more stuff. How many people do you know are
like buying a pallet or two and then buying a few pallets and
buying a truckload and then likestarting like a retail store or
or like a local reputation for selling stuff like this versus
(17:45):
like onesie twosie just kind of flipping this stuff on Facebook
Marketplace? Yeah, that's the path.
It's starting on Facebook Marketplace and then capturing
that data, right? And capturing those customers
when they come over, you should be talking to them and hey, what
else do you buy? Can I get your e-mail?
Can I e-mail you when I get a shipment of stuff?
You, you want to run it like a business, Even if you thinking I
(18:07):
just need to make 5 grand a month.
I have a member that's in Sacramento.
They started buying just pressure washers ten months ago.
He sold 600 of them since then, in that 10 month period, this
was a guy that never even used apressure washer.
But just about 10 days ago he bought his first truckload of
outdoor furniture, patio furniture, OK.
(18:30):
And he says, OK, I'm getting it in.
He's talking about it. I can see it.
And I posted about this on X. Within 24 hours of getting it,
he'd gotten. He sold about 70%, got 70% of
his investment back. Within 72 hours, he was
profitable. And that deal's gone.
He sold it and it's gone. And this is a guy like Wheeling
(18:51):
stuff into his backyard. Yeah, he's posting.
Like a warehouse, no ton of money, No.
Yeah. He's like, oh, I got to improve
my gate so I can get Palace backhere and he's posting and doing
this kind of thing. So this is how it starts.
See these pictures? This is Guy's front yard.
I mean, they're bringing them right in here.
This guy did a sale right here. He's talking about this is it's
(19:12):
just incredible data for me. On Monday, they started posting,
couldn't get anybody to come outin this garage sale, started
posting in Facebook groups. Do we have this?
The phone started ringing. They had a $2000 day on Labor
Day selling stuff out of their driveway.
Pressure washers or other stuff?Furniture and this kind of
stuff. This is his stuff, mainly patio
(19:33):
furniture. Yeah, selling that kind of
stuff. I just can't get over it the
fact that he sold 600 pressure washers in Sacramento like.
What? Yeah, this is Joe Record setting
month total sales $17,000.85 pressure washer, 65% of the
truckload because he did, he hadjust got in, recouped the
(19:53):
truckload investment and hit profit territory in the 1st 36
hours. And he's like now I don't have
anything to sell. So he's he's backing behind it.
But this is so to answer your question and Joe is coming, he's
like, hey, we've we've set a goal.
We're going to make $100,000 profit in 2026 with this
business. And that's how you do it.
You scale it up in the beginning.
(20:14):
He's posting about, you know, I don't know anything about some
of these pressure washers are broken.
How do I fix it? And he didn't know how to fix
it. So he found somebody to help
him. It's all about problem solving,
right? And here's another guy.
Crazy Week 2, loads of furniture, appliances,
Blackstone, few pics. I'll have to run the numbers
Tuesday, I guess. 80% sold in less than three days.
That's freaking exciting to me, man.
(20:35):
I love this stuff. Where are these guys using
Facebook Marketplace? Yeah, that's it.
Mainly, yeah, that's all they'reusing there's.
No Facebook group. This is simple.
Yeah, the same with the pressurewashers.
Yeah, Facebook Marketplace, yeah.
Absolutely, dude. Yeah, This guy's coming up with
building an AI tool to put for take pictures.
Look at it, you know, just on myfirst auction at 500 bucks, I
(20:57):
can flip the two chairs for 7:50a piece.
Costco price was 1150, retail 15.
You know, I basically returned the entire investment, including
shipping. I love it.
I got my first one. So yeah, it's super exciting,
man, to watch these people. This guy just got in 2-2
pallets, bathroom and kitchen fixtures, home lighting.
Every picture you see here is somebody's garage.
(21:18):
You know, it's just somebody just starting out and then
watching the scale scale. And if you're going to get it,
you can't get a truckload delivered to your garage.
You have to use a freight forwarder and then they'll break
it it up and bring you smaller pallets because you can't get a
full semi truck in the into yourresidential area.
And yeah, so I love it. I absolutely love seeing it
because I know it works because I've done it for so long and
(21:40):
seeing these people really figure it out.
It's super rewarding, man I. Love it man, I want to go move
the van right now and load up mygarage with.
Power. I know it gets me.
It gets me very excited. Super boring.
Here's the pictures. Take a look.
Now you know, whoever bought it could really know and go, Oh
yeah, that price is way inflated, but that's why they
only paid $5.86 a unit. So don't fall for this, this
(22:05):
MSRP, you have to research the market price because that's all
that matters. And it could be seasonal, it
could be, you know, and I would never recommend this for
somebody just getting started because I think you would just
sit on this product because you don't know who to sell it to.
But what you do is you print out, this manifests right here.
You can download the whole thingand you just share it with
people that, you know, say, hey,you're in this business, what's
(22:27):
this stuff really worth? And a guy comes back and says,
oh, 27,000 is a joke. It's only worth like 5 grand.
Go. OK, great.
Then you work it backwards. You always start at the sale
side and work these deals backwards.
You should know exactly what you're going to sell this
product for before you place anybids, right?
Yeah. And and you're, you know, I'm
(22:48):
super great at that stuff with like testing on Facebook
marketplace and everything else,but this is definitely who's in
your network, right? Yeah, for sure.
For sure. This is interesting.
I, I found this is kind of interesting.
This is a Gov deals auction. Obviously you need to invest a
little bit more money and you need to have a little bit more
knowledge, but these are Tesla Superchargers, the kind around
(23:09):
the side of the road that you plug your Tesla into.
It's the whole thing. There's six of them in this lot.
It's not just the white whateverthat is.
I don't know anything about thishere, but it's the stuff you
need to support all the support products.
These big, you know, white boxesof whatever it is that you see
parked. You see like one of these and
(23:30):
then there's like 6 or 7 test superchargers.
They'll that includes the big transformer or whatever it is.
It's the whole thing, everythingyou get all the details.
They give you close up pictures of all this stuff, all this
stuff and. What would you even do with
this? Who's the seller of this?
This is being sold by a company called Government Remarketing.
So someone took these out, made the decision that we need to
(23:54):
move it. These are in Union City, CA,
like about an hour from me, but I don't think anybody's bid.
The opening bid is $10,000. There's no reserve price.
I have no idea how to make moneywith this, but I'll be darn sure
that if I spent some time reallydigging into it, there's got to
be some upside here. Somehow somebody is going to
(24:17):
swoop in and steal this stuff. Now these guys are like, I don't
know how to do it. Hasn't been.
I have no idea how to test it because they took it out.
They just, OK, we're taking themout.
We're put them in the warehouse and that's it.
OK, They made a mistake here. They said it was solar charging,
which it's not, but you can ask these people questions.
It's like, hey, it says solar, Idon't see any panels.
This guy said, oh, yeah, it's not solar.
(24:38):
That was a mistake. You can ask a lot of questions
of these guys. Well.
I just googled it as we've been talking and it looks like you
can buy these for like $4500 each, so this is a pretty good
price. 6 That's interesting. Six of them for 10,000.
Yeah, I think you could own it for 10,000.
Wow. The owner can set the power
(24:59):
cost. So I think basically what it is
is like Tesla will pay for all of this to put like if you own a
business off the Interstate and Tesla says, Yep, thumbs up,
we'll pay for all this, but we're going to keep all of the
power cost and maybe you'll get some foot traffic from it.
Sure. Or you pay for all the hardware
and you can mark up the power cost within these reasonable
limits, right? Yeah, yeah, Pretty wild.
(25:23):
So one of the things I absolutely love about this
reselling business is the massive breadth of different
things you can get into, right? Yeah, obviously this is super
specialized and, you know, but there's a massive Moat in front
of this thing because, like you said, what would you do with
this thing and who's got the infrastructure?
But if you owned a piece of property or a gas station or
(25:47):
some other, do you think with a parking lot, you know, would you
take a $10,000, you know, contact, start contacting people
because this is, I think there'stwo days left.
It's been up. This has been up here for about
a week, Two days left. Gov deals is just the best
playground you can ever get into.
I, I tell people, you know, don't watch Netflix, watch
auctions. If you're interested in this
(26:09):
business, you should look, you should be at Gov deals every
single day. I mean, looking at it and just
sit on your couch or flip through your phone or whatever
it is, you know, use your time wisely and look at this stuff
and think about the possibilities.
Don't sit there and watch stupid, you know reels and this
guy. Well, I want you to.
Watch those too. But you know, this stuff is
these opportunities are out there, man.
(26:31):
And yeah, definitely. This is a cool one.
Yeah, I really enjoy it. What's Here's another one that's
really interesting. Oh.
This is a full motion simulator.It's being taken out.
It's everything works, all the support stuff you see here.
Would you make like a ride out of this?
(26:51):
That's why I wanted to talk to you about it.
You know, you're the idea guy, so we got to figure it out.
It's everything. So you have seats and the whole
9 yards that are in it, It lookslike a airplane in there.
There's all this gear that comeswith it.
It it's a big project, massive project.
All this stuff. Testicle different things.
Looks like it's a highly realistic full motion flight
(27:12):
simulator for the Blackhawk helicopter.
Perfect used for military and civilian pilot training that
could be monetized. Hey, you could.
Don't want to fly a Blackhawk without needing a pilot's
license. Yeah, 10 bucks.
Yes. The cost to build this thing was
I looked it up and I wrote it down.
It was $18 million and it's going to sell.
(27:33):
We're watching it in real time. The time remaining in the
auction is 4 minutes, 3 minutes and 59 seconds, and it's sitting
at $322,000. 7 bidders. Yeah, yeah.
And. How do we see who those bidders
are? I'm so curious what their plans
are with it. Yeah.
You got to cozy up and this is AGSA auction, so you're buying
it, the Government Services Administration, you're buying it
(27:54):
direct from the government. It's at Campbell, Kentucky,
right? Is that a whatever, some kind of
military base? There's all kinds of data that
you can download that talk aboutit.
They give you the, the name of the people to call so you can
talk. I mean, this is a massive, you
know, it's a massive project, but a massive opportunity.
I mean, they give you the guy's phone number right here.
(28:15):
You can call this guy and ask him questions about it.
So it's an army. This guy's an army, you know,
representative. I love these deals, man.
I can't stop looking at them because I just, my brain keeps
thinking like, well, wow, where do I put this thing and how much
can I charge? Have you ever put your kids in
one of those simulator things atthe amusement park?
Or it's not cheap. Well, I featured a business a
(28:38):
couple weeks ago that let's you drive tanks, drive and shoot
tanks in Texas, and there's onlylike 3 or 4 states where it's
even legal to drive a tank. And of course Texas is one of
them. Yes, but these guys crush it.
It's called like driveatank.com,bigtanks.com.
Yeah. I think you could do a similar
play with this, yeah. Right.
This is essentially like if you ever been on that Star Tours at
(29:00):
Disney World or Disneyland, thisis what it is.
It's all the shock stuff below and all that kind.
I mean it's pretty wild. It's amazing my.
Gosh, yeah. And just to clarifygovdeals.com,
that's a private company that isnot a government
entitygsaauctions.gov is a government entity.
It's a government entity. Gov Deals is a platform where
(29:22):
government agencies can sell their stuff, but not typically
not the federal government. It's more like state and local
municipalities and that and thatkind of thing.
Police cruisers and. Yes, exactly.
Oh, yes. You want to own a police car,
You want to own a fire truck? You want to own, I mean, any
ambulance? Ambulance.
The giveaway ambulances do, dude.
They're, they're ridiculously. Oh, yeah, they're super cheap.
(29:44):
Fire trucks, too. Fire trucks and buses like
electric buses, too. Tons of electric, full electric
buses. I I featured a whole series of
them back in DC. They discontinued this program.
They put like $100 million into it.
And then four years later, they discontinued the whole thing.
And the buses sold for between 2500 and $25,000.
(30:06):
Yeah. What?
Yeah, it's ridiculous. And people were buying for the
battles. Right.
My goodness. I mean, you could take people on
tours in those things, like Nashville has all those bus
tours, you know? Yeah, but let's go back and.
That's really surprising to me that the government would waste
money. I'm not.
I've never. Heard of that?
Let's see if there's any electric buses listed here today
(30:30):
on gun deals. OK, it's selling.
It's at $2000. This is a new.
It's called a new flyer. Look at this one.
This is cool does. It say what the range is.
Oh, that's cool. Do you see that mini but mini
bus? I love that.
Let's go. OK, let's look at this one
first. Let's check this out.
This is so there's a whole bunchof them.
These are one of them. So it's a diesel electric
(30:52):
hybrid. This bus was sold back in April,
but the winning bidder did not pay.
That happens all the time. 37 Yeah, right here.
The DC Department of Transportation circulator press
program is ending. Yeah.
OK. Status title is clear.
Vehicle comes with a key push button.
Start the vehicle starts everything.
'S fine. Everything's fine.
And that's why the story is so important, yes, because we,
(31:15):
we're very creative about creating excuses of why we
shouldn't buy something, right? And it's like, oh, it's probably
defective. It's like no, no, no, read the,
read the details. Oh, there's a million reasons
not to do any of this stuff, butyou're, you're, you're missing
out on the opportunity. If, if you don't want to buy a
bus, go buy a, a train set from Target and make $3000.
You know, but here they give youthe VIN number.
(31:37):
So I'm sure you could do some research and find some
information about it. This stuff is all the time.
And, and these things look like they're in pretty good shape.
They give you all these 5. $100.Yeah, right, 2025. 2025.
Don't over price it. Yeah, yeah, it's going to close
in two. Days.
It's also cool in this thing. That'd be awesome, yeah.
This thing is going to sell. I'll bet you it sells for under
(31:59):
5 grand. That's my prediction.
Yeah. Because there's just a ton of
them and, you know, people pay for them and they're like, oh, I
got to go pick it up and what doI do?
And, you know, here The Ghost Inside you can see.
Let's see if there's give you more pictures inside.
There's the driver's seat. Come on, let's see the back.
Nobody wants to see that stuff. I want to see the seats.
(32:19):
OK, so there it is. It's like cleared out.
This would be perfect for the van life, right?
Yeah. It's wild, but this stuff is all
over. These are in Maryland.
This was ADC program, District of Columbia government.
You know, there's somebody you could you can ask questions.
Look, you called Donald Jackson,they gave you his phone number
so you can talk to it and you can go inspect it.
You don't have to just look at it online.
(32:41):
You can just start it up. It's crazy.
So I mean. You can start a business just
like finding buyers for these like go to like private limo and
bus companies that take that already own a bus company and
say, hey, I have access. You know, I've, they don't need
to know where it, where it is orwhere you're seeing it.
I've access, I've you know, I'vegot this bus, I'm selling it for
(33:01):
9 grand. They're probably used to paying
90 grand for 300 grand for thesebuses I imagine.
That, you know, Yeah, I imagine you're right.
Yep that when I posted it the most of the comments were
because they've sold new ones too, like 2019-2020 2 two.
Most of the comments were aroundoff grid people that wanted to
strip the batteries out, use those in their Tesla systems or
(33:23):
whatever, and then scrap the bus.
Yeah, make up the Powerwall system, yeah.
Build the power because the batteries are so expensive so.
And that that thing probably hassome massive.
Offers I could imagine, man, Yeah.
I mean, how much bigger than a Tesla battery do you think it
is? And those things cost 15 grand.
Yeah, that's right. That's right.
So yeah, it's pretty wild. And I just, this stuff keeps me
(33:45):
up at night. I can't stop thinking about the
opportunities here. That's that's crazy.
That's crazy. Let's see what that flight.
So yeah, sold for. Oh yeah, let's, where's it at?
Oh and it, oh, it's getting bumped.
So they're so they do popcorn bidding.
So they bid in the last probably30.
There's no sniping. It's not like eBay.
If you bid in the last 30 seconds, they're going to add
(34:05):
another 6 minutes on here. So it's sitting at 322,300.
I wanted to look at this little minibus right here.
It's near my town. This Citi Car minibus electric
vehicle 3500 bucks. That looks cool.
That does look cool. Who could you drop?
Well, let's see. Who could you drive around on
that thing? That's awesome.
Yeah. That's killer.
(34:26):
That's nice. It'd be nice if you had a piece
of property and looks like somebody's been doing some
wrenching where the work where the pictures have a socket set
and a bunch of screws in it. That may.
You may have to do some work andthey'll tell you, though.
Right here. Right.
Was wanting when removed, not guaranteed.
Yeah, who knows when it was removed.
So seats 10 available to. Upload.
It only needs new batteries. That's it.
(34:48):
That could be the most. That's it.
That's the whole thing, right? Yeah, yeah.
Anyhow, I love this stuff. The other thing I wanted to show
you that just came back up todaywere the KC 10s.
So these are the this is the military version of the of the
DC-10, right? And I think they've sold about
20 of these. These are, these are in Arizona,
(35:10):
which is a great place to store.There's four of them being
auctioned off. This is a $52 million plane when
it is first sold and the openingto the current bid, the reserve
to to bid is $500,000. OK, massive discount.
They often sell units that are where they don't don't fly,
(35:30):
where they've like stripped everything.
But these are still. What can you do with these?
I don't well. I like this I.
I have some ideas, yes. What would you do with it as
like a an actual airplane? You know what I'm saying?
I guess it would be a cargo plane when you're.
Trying to do like tariff runs orwhatever.
I would imagine, you know, cargois is the the big game here
(35:53):
Yeah, for this type of thing. It would be interesting to they
always sell every time somebody buys this.
And this is 20 days. So you have plenty of time to go
up there. It's at gsaauctions.gov.
You can go look at it. You can go inspect it.
You can contact Javier Oliveira at the airport base and you can
go take a look at this thing. So, oh, this one is OK.
(36:16):
So this aircraft, OK. I'm, I'm, I'm, I'm speaking out
of terms. I didn't read this yet.
This aircraft's non flyable. Condition.
Not in compliance with FAA, Yeah, so.
You have to bring. It I was going to make it an
Airbnb. Anyway, well, that's what I
thought. Yeah, I want to buy.
The really the ones I get more excited about are the ones that
the wings are already off so I can transport it and you could
(36:37):
put it in there and make it an Airbnb.
I think it would be phenomenal. And this site always has salvage
aircraft. I like, I love helicopters.
And you can buy helicopters without the engines and the
rotors and stuff for between 1000 and $5000 up here all the
time. So like if I had a kid focused
or tank business or that dig, whatever they do where they
(37:00):
drive construction equipment, man, I would have four or five
helicopters. These kids could just climb all
over and go crazy. Let's see if they have any
helicopters here. This is a regular helicopter.
This is there's the simulator. Let's see.
That's probably there. Golf, electric cars, baby food.
Do you want to buy baby food from the government?
(37:20):
That's a little scary. Yeah.
Let's go back and see. What's the baby food selling
for? I'm curious.
It looks like brand new. It's in Puerto Rico.
Pedialyte mixed fruit. Let's just see how.
I'm just curious. So this is 486 cans.
Oh powder Simulac hypoallergenicinstant formula.
(37:42):
Oh, November 2025 expiration date, right?
So you OK? You got to move it somewhere
where they don't really care. So it's Pedialyte formula.
Yep, this one's not. Pedia.
This is some kind of similac. Similac is the name.
How do you spell that SI? MIL.
A/C Similac powder instant formula.
(38:02):
What is the like the price? Per unit but there's no bids.
500 bucks. You could buy the whole thing
for so you could pay a dollar per unit.
Maybe that's what maybe that's too much.
Oh yeah, dollar per unit. Let's just say, well, it's
selling for 9:00 to. $20 per unit on Facebook Marketplace
right now. I'm looking at it, Yeah.
I wonder how you'd have to. Research and see how important
(38:24):
that expiration date is. And may you know, because some,
some people probably freak out about it, but a lot of people
realize that, well, that's just a guide and they're not, you
know, they're not well, you knowhow you do that right?
You just list. It you put the expiration date
in Facebook marketplace, Yep, and see what people say and see
what happens. They're going to say, oh,
that's. Smoking deal and we know it's it
lasts a year or more. You can also buy real estate
(38:46):
from the GSA. And one of the things that
caught my eye that's selling today, the auction ends today in
17 hours. Is this lighthouse?
And it's in Yeah. And I.
Thought what a great. Airbnb, right?
It's on its own private island. It has a dock.
Where's this at, Connecticut? Fairfield, CT.
(39:09):
Penfield Reef Lighthouse it was.It was built in 1874 style.
Yeah. I don't know if it was built in
1874. It's one mile off Bridgeport's
Black Rock Harbor. You got to have a boat, 51 foot
light tower, 15168 square feet. That's enough for a couple of
bedrooms. It's got a pier, a boat landing.
(39:30):
It's pretty wild, but it's 370. 1000, yes, that's the current
bid. Right now it ends in 17 hours.
There's 27 bids. This bid's been this has been
going on for since June. They they leave this up.
You can imagine the government doesn't move too fast.
The bid started at 100 grand andtoday it's up at 370.
(39:53):
Well dude, look at. These are some Airbnb
lighthouses 300. To 6.
Hundred a night, and this is in the same.
This is near Connecticut here. Your payment on a $370,000 house
is going to be what, 2000 a month if you financed it?
Yep, you'd pay for that in four bookings. 5 bookings.
(40:13):
Yeah, it's pretty wild. And you?
Get to own this cool place, man,and you get to go stay there
when you know, when you're doingwork on it.
I love that that's my slippery math formula.
Whenever I get to use it and enjoy it, I'm happy paying a
little bit more because you know, I own a place on the river
because I love to fish. Well, the numbers don't always
have to work out right? So, you know, I love the the
(40:34):
real estate stuff. And, you know, that's, again,
you can do it. Just gsaauctions.gov.
This is realestatesales.gov. You can buy this Rice County
Jail annex for $1,000,000. Here's another lighthouse that's
coming soon. This is in Rhode Island.
That looks gorgeous. Yeah.
You could buy the. Former Tatnell Air Force Space
(40:56):
Surveillance Station Current. I wanted to own one of those
current. 605,000. Dollars dude, this is you know
this is a heck of a story right here yeah one O 1 it's 100
acres, 100 acres that's. Like, another asymmetric bet
here is people could be looking at this like, oh, I don't need a
space station, but they're not noticing that it's 100 acres,
(41:20):
right? Yeah, yeah, yeah.
Obviously so many people. Have been hanging out in here.
Anyway, fun place to poke aroundthe story here is today.
Like I said, we started the theme is backward and boring.
Buy backward, you know know whatyou can sell it for before you
start. Don't buy anything that you
don't know already. Know what you can sell it for,
have that all figured out. Do the testing like you talk
(41:41):
about all the time. And then boring products are
typically going to be more profitable.
You know, everybody's fighting for the sexy stuff.
And you should leave that stuff alone and focus on boring stuff.
And as as you learn and build more sophisticated business
models and, you know, you can wade into some of this other
stuff, but yeah, it's great. Boring is.
(42:03):
Best. I love talking about this.
Stuff. I love seeing the people in the
mastermind figured out. It's a big deal that's really
making an impact in people's lives, just like, just like you
are all your stories. It's a big deal getting people
to think, pulling them out of the system, out of the Matrix,
huge, man. It's huge.
So down the rabbit hole we go. Yes.
That's exactly right. But yeah, if you want to learn
(42:25):
more, Chan and jean.com/mastermind or you know,
Chris will put links in there and I'm happy to answer any
questions. And there's no secrets.
We'll talk about it again as we get more, more stuff that comes
up. OK.
Thank you, Shanna. Thank you.
For having me on again, I can't stop.
Talking about this stuff, it's fun.
Hey guys, if you're still listening to this.
It's probably because you haven't had a chance to take
(42:47):
your Air Pods out, you're still mowing the lawn, you're still
driving, what have you. If you're still here with me, I
would really, really love and appreciate a five star review on
Spotify, Apple, or wherever you get your podcast.
It would mean a lot. If you want to go the extra
mile, share this episode with a friend that might have an
interest in starting a business.It would mean a ton.
Hope you have the best day of your life today.
High end toilets that are $823 each.
Well, this whole deal sold for 750 bucks and there's ten of
them. This is such a small risk.
A member that's in Sacramento, they started buying just
pressure washers, sold 600 of them.
But just 10 days ago, he bought his first truckload of outdoor
furniture, patio furniture, recouped the truckload
investment and hit profit territory.
(00:20):
In the 1st 36 hours, we're goingto make $100,000 profit.
They give away ambulances. Dude, really?
Oh yeah, fire trucks. 2 fire trucks full electric buses sold
for between 2500 and $25,000. You could start a business just
finding buyers for these. Don't sit there and watch stupid
reels. These opportunities are out
there. Oh, there's a million reasons
not to do any of this stuff, butyou're missing out on the
(00:42):
opportunity. About a month and a half ago, I
had my friend Shannon on for about the 12th time.
We did something a little different.
He shared a screen. We went to all these random
auction sites and we went shopping for liquidation,
pallets, overstock, furniture, you name it.
And it was one of my most popular episodes ever.
So I had Shannon back on for the13th time or so.
(01:03):
We did the same thing, except weshopped for cooler things.
Some very affordable, some very expensive.
All very cool. Most boring because boring sells
for my audio listeners. You can still get a lot out of
this, but it might make a littlemore sense if you watch on
YouTube. Usually my YouTube episodes go
live about 12 hours after the audio episodes go live about
four or 5:00 PM central time thesame day, but you'll still get a
(01:26):
ton out of it if you're not on video.
Super tactical, you know the drill, yadda yadda.
Enjoy. I want to talk about boring
stuff for a minute, though, because I think it's so good.
This is a company called WinstonWater Cooler, right?
Which I've never heard of, but they sell plumbing supplies and
bathroom things. So this deal, the best part
about this deal, I'm pointing atmy screen.
(01:47):
You can't see me. The best part about this deal is
nobody put any effort into that title.
It just says 1 pallet of plumbing fixtures.
OK, I'm like, oh, that's weird. And that's a signal.
That's a signal to dive in because it means other people
aren't. Yes, exactly.
Because you're like, oh, that's boring.
I don't want to buy pipe and plumbing fixtures that connect
(02:08):
that pipe, but I do want to buy high end toilets that are $823
each and $787.00 each. 706 hundred 520 Kohlers.
If you look up these toilets, these are very good.
I think 750 was the best price Ifound for this Caro, you know,
whatever Caro 2 toilet. Well, this whole deal sold for
(02:30):
750 bucks. 50 bucks a unit. $50.00 for $800 toilets.
And there's ten of them, they'renot all 800 bucks, but the
cheapest 1's 150, right? And so I always harp on, do your
research, figure this stuff out,but this is such a small risk to
get into this business. And if you know anybody,
(02:50):
especially it's a house flipper,remodeler, contractor, whatever,
or even just selling these on Facebook marketplace, I think
you could sell them for half offand you don't make yourself
three $4000. Yeah, no problem.
And because nobody knows who Winston Water Cooler is and this
is a big mistake. This would be like you trying to
(03:11):
sell it. This is, you know, you have to
have all this great detail in your product listing, right?
Because that's the SEO, your keywords and all that stuff.
So I love this deal and any deallike this, it's fantastic.
Oh. So good you could list these on
Facebook Marketplace before evenbidding.
Absolutely. See if there's demand.
Yep, and these deals are available everyday.
(03:32):
The product is not the most important part of this whole
scenario. It's it's the process right, the
systems and getting it figured out.
So I love this deal. There's another one that this
one OK, one pallet of pipe valvefittings.
It's $27,775 their price. They're they're a distributor.
(03:52):
They don't even, I don't think they have a whole retail, but
it's sold for 1500 bucks. So there's 256 units.
It's brand new. If you're in this business, this
could be, you know, one of the best money makers that you've
that you found. It's incredible.
I really like the boring stuff because there's less competition
to buy it because I think human nature is we're kind of
(04:15):
attracted to the shiny, you know, sexy stuff.
But things like patio furniture,carpets, once Costco started
selling, you know, ruggable the the rugs you could throw in the
washer, which is a big game. Once they started selling those
for four or 500 bucks, it changed the whole carpet because
you've got like a branded carpetnow, which better than, you
(04:37):
know, just some no name, you know, carpet.
I still love pressure washers. If you're mechanically inclined,
I think there's a big upside to there.
And I love seasonality. Like right now buying outdoor
stuff and black stones and stufffor the lake and all that kind
of stuff that the prices to buy have started to dip because
we're headed into fall and, and all that kind of stuff.
(04:58):
So those kind of things I'm, I'mreal excited about.
I still love industrial stuff, things that like plumbing stuff,
HVAC stuff, but it takes a little more sophistication.
So again, it's another Moat thatyou're that is around that kind
of auction. And it's the same with once you
can get up to buying truckloads at a time, it totally changes
everything because you've eliminated probably 99% of the
(05:22):
people that are just getting started.
You always want to build a boat around.
You want to be the only buyer ifyou can.
Yeah, You know, so it's it's it's really cool.
So boring products. And we're going to talk about
some of those boring products today.
We've got some sexy stuff mixed in too, because that's always
fun. But yeah, it's cool.
OK. I want to start off to something
really simple that's so easy. Everybody has a target near
(05:44):
them. Everybody can see what they
sell. It's really basic, but a lot of
people miss it and so let's justtalk about this small deal. 5
pallets, train tracks, right sets.
And there's some other stuff too, but these train tracks are
like wooden train sets and has little houses and farm and all
that kind of stuff around them. You know, for little kids to
play 240 units. What I love is when you can jump
(06:08):
on the Target like website and see they're still selling this
train set for 120 nuts. So 130 bucks.
You can't sell it for that, right?
Because you're not Target. But, and when I searched eBay
and and a few other places for sold listings, about 80 or
$90.00, right? And these are brand new.
You know, their Target 21,598 was their total price.
(06:30):
It sold for $2600. So your cost on these things is
11 bucks, $11.08 a unit. What time of the year is it?
Yeah, it's September. So you know, yeah, we're getting
there. You didn't.
But you buy these, you're not going to get them for two,
couple of 2-3 weeks anyway. You're going to be into October.
People are going to, you know, all of a sudden you're going to
be into the holidays. It's just a really simple nice
(06:54):
deal. You could sell on Facebook
Marketplace. You could put these on eBay
because it's a box you could ship out.
You can, you could do it anywhere.
You could, you could live sell these things.
Just really basic here and very low risk, right?
I'm going to pay $11.00. Target's still selling them for
$130.00. I feel pretty safe that maybe
(07:16):
even if you had to sell them for50 or 60 bucks, you're going to
make $40 a unit and you're goingto, you know, you have a couple
hundred of them. So we're going to make $8000.
I've never even heard of these brands.
This looks pretty high quality though.
Yeah, you know Harth and Hand, Iguess it is.
Yeah. And they have all kinds of
wooden toys and I love that. I think parents love this stuff.
(07:36):
It's not plastic. You put it in there and you
know, you'd be a rock star selling these things for 60-70
bucks as we get closer to Christmas.
So, so I, I like this deal. Super simple.
Yeah, I just looked up Hearth and Hand on Google Trends.
Yep, this is what I see. It's climbing in popularity and
I see. I love that.
It's incredible, incredibly seasonal.
(07:57):
Yep. Which is what we're after,
right? Right.
And I couldn't tell you why likeif I had the target, you know
purchasing people on this show, my question would be like, why
are you guys liquidating this? And I will tell you like I
toured a couple weeks ago, the 100,000 square foot returns
facility for some of these large, very large companies.
(08:17):
And you know what their main concern is getting this stuff
out the door because that there's over 1000 pallets inside
this facility. The only thing they are worried
about, we have 5060 trucks coming on Thursday.
We have to get this stuff out, you know, and they're also
worried they want to be good stewards of the environment.
(08:38):
So they need, this has to be part of their story that hey,
all these returns, these things,we all find homes for them.
They don't wind up in landfill, you know, that kind of thing.
The other interesting thing I learned is that much of what
they're selling, like Target maynot even, or this is kind of not
a good example, but some of these higher dollar items are
just shipped direct from the manufacturer.
(08:59):
Like if you buy a bathtub from Costco on their e-commerce site,
it's coming right from Kohler orwhoever it is.
And lots of times those things just can't be delivered.
Something happens, people aren'tthere, whatever, things change.
Well, that product doesn't go back to Kohler and that product
doesn't go back to like Costco, for example.
In this case, you know that product goes to a returns
warehouse even though it's brandnew and gets sold because
(09:21):
they're just trying to move. It's too expensive for them.
And there's nothing wrong with it.
They're brand new, brand new. And on e-commerce, returns are
20 to 30% of every purchase. Every single thing is 20 to 30%
and it's growing year over year,right?
So companies like B Stock, they're just set up and they
(09:42):
have such good credibility that they're just handling this stuff
and they know they want to protect the supplier, whether
it's a manufacturer, retailer, and they want these buyers to
have good experiences. And so yeah, it's crazy.
It's right in front of you, thisopportunity.
These deals are every single day.
We're going to look at deals today that have like no bids,
(10:02):
no, no more fine. It's ridiculous.
It's ridiculous. As long as people are consumers,
there will be deals. Yes, of course.
You know, Costco sells $250 billion worth of inventory a
year and Costco's e-commerce is just getting started.
They're just sinking billions ofdollars.
This is just going to grow Target.
You know, they're, I think they're way ahead of Costco on
(10:23):
the e-commerce front. So just going to go, go, go, go.
I also really love seasonality. Let me show you this, this deal,
it's a Costco deal. No surprise there.
It's 3 pallets of Big Joe. If you've seen those things
floating around pools. These are pool hammocks, which
is really cool. I happen to have one brand new.
(10:45):
It's only 39 units. So it's not something that's
going to you know, you're not going to become a millionaire,
but it's just going to add to your inventory.
Costco is selling them for 15160bucks.
They're the cheapest around because they're obviously only
making 14% profit margin and they normally sold them for 40
bucks. They sold for 11 bucks at this
at today at this auction. So 15160 bucks, $429.
(11:08):
I wouldn't buy these because as you can see, the shipping is a
little high. I'm in Cal, California, these
are in Maryland. I would buy closer to home, but
just a great product to see and you know, you get to see you've
got the original. This is pulled right from the
floor. Yeah, they're not returned.
Yeah, they're not returns. Everything's brand new.
Terrific product to add to your Facebook Marketplace stuff you
(11:32):
might have to sit on it over, you know, the winter as things
go, or if you're in Florida where people are swimming all
year long. I love these deals.
Simple boring. There's nothing to test, there's
nothing to break. There's nothing that's going to
fail when the customer gets it that they're going to get upset
at you about. Like, you know, I was in the
watch business and I had people return watches because when they
(11:53):
were on the plane they would say, oh, the altimeter's off.
It was a nightmare. You know, it's like I keep you
on the plane. I can't be in this business,
dude. I just yeah, so I love this this
stuff and you know, talking about just returns furniture.
Incredible. I like the seasonal stuff
because it removes some of the question mark from what you're
buying because if you're buying something that's not seasonal,
(12:15):
it's like, all right, what's wrong with this?
Is this color just off? People hate the color for
whatever reason, right? But when it's seasonal, it's
like, dude, the hardest thing for any retailer to do is to
predict demand, right? Inventory management is a
nightmare whether you have $1,000,000 business or a billion
dollar business. And so we're buying these pool
floaties. It's like they order too many.
That's the problem. There's no problem.
There's order too many. And I imagine it's the same with
(12:36):
like the trains, you know, whatever they have some
projection they made, somebody made it, somebody made an error.
One thing I see people doing really, really well with this
furniture. And I think because it's harder
to handle, you know, it's you'vegot to have, when I say harder
to handle, I'm talking physically because you've got to
have a couple of people that aregoing to help you move around.
But so I just pulled up these examples of a few.
(12:59):
This is the Costco wholesale auction site.
Truckload of upholstered furniture and dining.
You know 11 hole sets the Costcoprice, which is a far more
trusted price than another retailer that might be
discounting these at half off orsomething like that.
Costco price was 11,440 bucks. It sold this morning for $585.
(13:20):
This is an entire truckload of couches, dining furniture and
they're these are customer returns AB grade.
So this is in College Park, GA. You can see there's some
manufacture pictures. There's a huge couple of sofas.
I do get a little concerned of lighter colors.
I I would say that customer returns you, you're going to
(13:42):
have less cleaning up things than a on a darker color.
Here is the, you know, their shrink.
Some of them are, you know, they're all shrink wrapped on
these pallets so you get to see what you're buying.
I literally walked through warehouses full of this stuff
the other day. Nice that they're wrapped up
couple of love seats, dining room chairs.
These look like high, high levelchairs.
(14:03):
So they're trying to give you asmuch information as you can.
Two big giant. I don't know what they are.
It might be a nice jest inside this thing, but you know, you
get to see all the actually whatyou're going to buy right entire
truckload of this product. OK, coming in looks nice.
You can zoom in, take a look back here, but the whole thing,
you know, sold $53 on average per unit.
(14:27):
And so you can look at the Costco price first, line item
2100 dollars second. Oh my.
Gosh, 1900 is Costco. This is Costco 17115 hundred
1300. It's the opportunity in
furniture and heavy items is insane.
It's just a a really good, you know, product line.
There is a let me talk to you about another company.
(14:49):
Well. Especially if it's nearby, you
right, you don't have to pay forthat freight.
Yeah, if it's close to you, you know, you're obviously going to
going to look as close as you can.
Costco has distribution centers all over that they're doing
this. But I would also say don't get
too hung up on the shipping if the numbers still make sense.
If you calculated and did some research and said, OK, the
(15:10):
Costco was selling this for 11, I think I could sell it for, you
know, 8 and you could pay 500. But shipping was 2000.
Well, it's kind of irrelevant. Would you invest to $2500 to
make, you know, sell it for 8 soyou can make 5500 bucks?
So that that's the way I kind oflook at it.
Freight is just part of the costof goods that you're buying.
(15:34):
Yeah, we talked about this brandlast time.
This is Walker Edison. If you recall, they weren't like
the online version of IKEA. They've just recently started
blowing out outdoor furniture. Yep, right.
Seasonal. Yep, love seats, this kind of
stuff, nice good chairs, all this kind of stuff.
OK, you see it all flat, packed in the box, easy to store.
(15:58):
I love this stuff. There's their warehouse, couple
things. So this is 16 pallets.
They basically going to this is a truckload, basically 250
units. Their price, you know retail
they're saying it's 123,824 bucks.
I don't see them doing massive discounts, but let's just be
(16:19):
super conservative and use my, the retail price as a lie rule
and just cut that in half. So it's like, OK, let's just say
you're going to sell it for $60,000 or that's the price.
Can you sell it for 60? I don't probably not because
you're not them. This auction sold for $7240.
OK, it, it, this was on the, I saved this because it was such a
(16:41):
good deal and I wanted to talk about it today.
So you're into this. You're going to be into it for
about $10,000 with shipping because the truckload, let's
just say it's 3 grand on the top.
So if half the retail is 60 grand, you paid 10, you can't
sell it for 60. Could you sell it for half of
that? Again, for 30 probably.
And so you're going to make a $10,000 investment.
(17:04):
You're going to create incredible content, time lapse
videos. If you putting together the
sample stuff again, it's seasonal things, so you may have
to hang on to it, but how long is it going to take you to get
your 10 grand back? That's that's the most important
question do you have to ask yourself?
Definitely. Oh man.
Yeah, but I would definitely look at this.
This is one of those boring categories.
(17:24):
And if we click in here, I don'tknow if they have anything else
listed today. Yeah, this is so their auctions
ended a few days ago. Within the next couple days
they'll have more stuff. How many people do you know are
like buying a pallet or two and then buying a few pallets and
buying a truckload and then likestarting like a retail store or
or like a local reputation for selling stuff like this versus
(17:45):
like onesie twosie just kind of flipping this stuff on Facebook
Marketplace? Yeah, that's the path.
It's starting on Facebook Marketplace and then capturing
that data, right? And capturing those customers
when they come over, you should be talking to them and hey, what
else do you buy? Can I get your e-mail?
Can I e-mail you when I get a shipment of stuff?
You, you want to run it like a business, Even if you thinking I
(18:07):
just need to make 5 grand a month.
I have a member that's in Sacramento.
They started buying just pressure washers ten months ago.
He sold 600 of them since then, in that 10 month period, this
was a guy that never even used apressure washer.
But just about 10 days ago he bought his first truckload of
outdoor furniture, patio furniture, OK.
(18:30):
And he says, OK, I'm getting it in.
He's talking about it. I can see it.
And I posted about this on X. Within 24 hours of getting it,
he'd gotten. He sold about 70%, got 70% of
his investment back. Within 72 hours, he was
profitable. And that deal's gone.
He sold it and it's gone. And this is a guy like Wheeling
(18:51):
stuff into his backyard. Yeah, he's posting.
Like a warehouse, no ton of money, No.
Yeah. He's like, oh, I got to improve
my gate so I can get Palace backhere and he's posting and doing
this kind of thing. So this is how it starts.
See these pictures? This is Guy's front yard.
I mean, they're bringing them right in here.
This guy did a sale right here. He's talking about this is it's
(19:12):
just incredible data for me. On Monday, they started posting,
couldn't get anybody to come outin this garage sale, started
posting in Facebook groups. Do we have this?
The phone started ringing. They had a $2000 day on Labor
Day selling stuff out of their driveway.
Pressure washers or other stuff?Furniture and this kind of
stuff. This is his stuff, mainly patio
(19:33):
furniture. Yeah, selling that kind of
stuff. I just can't get over it the
fact that he sold 600 pressure washers in Sacramento like.
What? Yeah, this is Joe Record setting
month total sales $17,000.85 pressure washer, 65% of the
truckload because he did, he hadjust got in, recouped the
(19:53):
truckload investment and hit profit territory in the 1st 36
hours. And he's like now I don't have
anything to sell. So he's he's backing behind it.
But this is so to answer your question and Joe is coming, he's
like, hey, we've we've set a goal.
We're going to make $100,000 profit in 2026 with this
business. And that's how you do it.
You scale it up in the beginning.
(20:14):
He's posting about, you know, I don't know anything about some
of these pressure washers are broken.
How do I fix it? And he didn't know how to fix
it. So he found somebody to help
him. It's all about problem solving,
right? And here's another guy.
Crazy Week 2, loads of furniture, appliances,
Blackstone, few pics. I'll have to run the numbers
Tuesday, I guess. 80% sold in less than three days.
That's freaking exciting to me, man.
(20:35):
I love this stuff. Where are these guys using
Facebook Marketplace? Yeah, that's it.
Mainly, yeah, that's all they'reusing there's.
No Facebook group. This is simple.
Yeah, the same with the pressurewashers.
Yeah, Facebook Marketplace, yeah.
Absolutely, dude. Yeah, This guy's coming up with
building an AI tool to put for take pictures.
Look at it, you know, just on myfirst auction at 500 bucks, I
(20:57):
can flip the two chairs for 7:50a piece.
Costco price was 1150, retail 15.
You know, I basically returned the entire investment, including
shipping. I love it.
I got my first one. So yeah, it's super exciting,
man, to watch these people. This guy just got in 2-2
pallets, bathroom and kitchen fixtures, home lighting.
Every picture you see here is somebody's garage.
(21:18):
You know, it's just somebody just starting out and then
watching the scale scale. And if you're going to get it,
you can't get a truckload delivered to your garage.
You have to use a freight forwarder and then they'll break
it it up and bring you smaller pallets because you can't get a
full semi truck in the into yourresidential area.
And yeah, so I love it. I absolutely love seeing it
because I know it works because I've done it for so long and
(21:40):
seeing these people really figure it out.
It's super rewarding, man I. Love it man, I want to go move
the van right now and load up mygarage with.
Power. I know it gets me.
It gets me very excited. Super boring.
Here's the pictures. Take a look.
Now you know, whoever bought it could really know and go, Oh
yeah, that price is way inflated, but that's why they
only paid $5.86 a unit. So don't fall for this, this
(22:05):
MSRP, you have to research the market price because that's all
that matters. And it could be seasonal, it
could be, you know, and I would never recommend this for
somebody just getting started because I think you would just
sit on this product because you don't know who to sell it to.
But what you do is you print out, this manifests right here.
You can download the whole thingand you just share it with
people that, you know, say, hey,you're in this business, what's
(22:27):
this stuff really worth? And a guy comes back and says,
oh, 27,000 is a joke. It's only worth like 5 grand.
Go. OK, great.
Then you work it backwards. You always start at the sale
side and work these deals backwards.
You should know exactly what you're going to sell this
product for before you place anybids, right?
Yeah. And and you're, you know, I'm
(22:48):
super great at that stuff with like testing on Facebook
marketplace and everything else,but this is definitely who's in
your network, right? Yeah, for sure.
For sure. This is interesting.
I, I found this is kind of interesting.
This is a Gov deals auction. Obviously you need to invest a
little bit more money and you need to have a little bit more
knowledge, but these are Tesla Superchargers, the kind around
(23:09):
the side of the road that you plug your Tesla into.
It's the whole thing. There's six of them in this lot.
It's not just the white whateverthat is.
I don't know anything about thishere, but it's the stuff you
need to support all the support products.
These big, you know, white boxesof whatever it is that you see
parked. You see like one of these and
(23:30):
then there's like 6 or 7 test superchargers.
They'll that includes the big transformer or whatever it is.
It's the whole thing, everythingyou get all the details.
They give you close up pictures of all this stuff, all this
stuff and. What would you even do with
this? Who's the seller of this?
This is being sold by a company called Government Remarketing.
So someone took these out, made the decision that we need to
(23:54):
move it. These are in Union City, CA,
like about an hour from me, but I don't think anybody's bid.
The opening bid is $10,000. There's no reserve price.
I have no idea how to make moneywith this, but I'll be darn sure
that if I spent some time reallydigging into it, there's got to
be some upside here. Somehow somebody is going to
(24:17):
swoop in and steal this stuff. Now these guys are like, I don't
know how to do it. Hasn't been.
I have no idea how to test it because they took it out.
They just, OK, we're taking themout.
We're put them in the warehouse and that's it.
OK, They made a mistake here. They said it was solar charging,
which it's not, but you can ask these people questions.
It's like, hey, it says solar, Idon't see any panels.
This guy said, oh, yeah, it's not solar.
(24:38):
That was a mistake. You can ask a lot of questions
of these guys. Well.
I just googled it as we've been talking and it looks like you
can buy these for like $4500 each, so this is a pretty good
price. 6 That's interesting. Six of them for 10,000.
Yeah, I think you could own it for 10,000.
Wow. The owner can set the power
(24:59):
cost. So I think basically what it is
is like Tesla will pay for all of this to put like if you own a
business off the Interstate and Tesla says, Yep, thumbs up,
we'll pay for all this, but we're going to keep all of the
power cost and maybe you'll get some foot traffic from it.
Sure. Or you pay for all the hardware
and you can mark up the power cost within these reasonable
limits, right? Yeah, yeah, Pretty wild.
(25:23):
So one of the things I absolutely love about this
reselling business is the massive breadth of different
things you can get into, right? Yeah, obviously this is super
specialized and, you know, but there's a massive Moat in front
of this thing because, like you said, what would you do with
this thing and who's got the infrastructure?
But if you owned a piece of property or a gas station or
(25:47):
some other, do you think with a parking lot, you know, would you
take a $10,000, you know, contact, start contacting people
because this is, I think there'stwo days left.
It's been up. This has been up here for about
a week, Two days left. Gov deals is just the best
playground you can ever get into.
I, I tell people, you know, don't watch Netflix, watch
auctions. If you're interested in this
(26:09):
business, you should look, you should be at Gov deals every
single day. I mean, looking at it and just
sit on your couch or flip through your phone or whatever
it is, you know, use your time wisely and look at this stuff
and think about the possibilities.
Don't sit there and watch stupid, you know reels and this
guy. Well, I want you to.
Watch those too. But you know, this stuff is
these opportunities are out there, man.
(26:31):
And yeah, definitely. This is a cool one.
Yeah, I really enjoy it. What's Here's another one that's
really interesting. Oh.
This is a full motion simulator.It's being taken out.
It's everything works, all the support stuff you see here.
Would you make like a ride out of this?
(26:51):
That's why I wanted to talk to you about it.
You know, you're the idea guy, so we got to figure it out.
It's everything. So you have seats and the whole
9 yards that are in it, It lookslike a airplane in there.
There's all this gear that comeswith it.
It it's a big project, massive project.
All this stuff. Testicle different things.
Looks like it's a highly realistic full motion flight
(27:12):
simulator for the Blackhawk helicopter.
Perfect used for military and civilian pilot training that
could be monetized. Hey, you could.
Don't want to fly a Blackhawk without needing a pilot's
license. Yeah, 10 bucks.
Yes. The cost to build this thing was
I looked it up and I wrote it down.
It was $18 million and it's going to sell.
(27:33):
We're watching it in real time. The time remaining in the
auction is 4 minutes, 3 minutes and 59 seconds, and it's sitting
at $322,000. 7 bidders. Yeah, yeah.
And. How do we see who those bidders
are? I'm so curious what their plans
are with it. Yeah.
You got to cozy up and this is AGSA auction, so you're buying
it, the Government Services Administration, you're buying it
(27:54):
direct from the government. It's at Campbell, Kentucky,
right? Is that a whatever, some kind of
military base? There's all kinds of data that
you can download that talk aboutit.
They give you the, the name of the people to call so you can
talk. I mean, this is a massive, you
know, it's a massive project, but a massive opportunity.
I mean, they give you the guy's phone number right here.
(28:15):
You can call this guy and ask him questions about it.
So it's an army. This guy's an army, you know,
representative. I love these deals, man.
I can't stop looking at them because I just, my brain keeps
thinking like, well, wow, where do I put this thing and how much
can I charge? Have you ever put your kids in
one of those simulator things atthe amusement park?
Or it's not cheap. Well, I featured a business a
(28:38):
couple weeks ago that let's you drive tanks, drive and shoot
tanks in Texas, and there's onlylike 3 or 4 states where it's
even legal to drive a tank. And of course Texas is one of
them. Yes, but these guys crush it.
It's called like driveatank.com,bigtanks.com.
Yeah. I think you could do a similar
play with this, yeah. Right.
This is essentially like if you ever been on that Star Tours at
(29:00):
Disney World or Disneyland, thisis what it is.
It's all the shock stuff below and all that kind.
I mean it's pretty wild. It's amazing my.
Gosh, yeah. And just to clarifygovdeals.com,
that's a private company that isnot a government
entitygsaauctions.gov is a government entity.
It's a government entity. Gov Deals is a platform where
(29:22):
government agencies can sell their stuff, but not typically
not the federal government. It's more like state and local
municipalities and that and thatkind of thing.
Police cruisers and. Yes, exactly.
Oh, yes. You want to own a police car,
You want to own a fire truck? You want to own, I mean, any
ambulance? Ambulance.
The giveaway ambulances do, dude.
They're, they're ridiculously. Oh, yeah, they're super cheap.
(29:44):
Fire trucks, too. Fire trucks and buses like
electric buses, too. Tons of electric, full electric
buses. I I featured a whole series of
them back in DC. They discontinued this program.
They put like $100 million into it.
And then four years later, they discontinued the whole thing.
And the buses sold for between 2500 and $25,000.
(30:06):
Yeah. What?
Yeah, it's ridiculous. And people were buying for the
battles. Right.
My goodness. I mean, you could take people on
tours in those things, like Nashville has all those bus
tours, you know? Yeah, but let's go back and.
That's really surprising to me that the government would waste
money. I'm not.
I've never. Heard of that?
Let's see if there's any electric buses listed here today
(30:30):
on gun deals. OK, it's selling.
It's at $2000. This is a new.
It's called a new flyer. Look at this one.
This is cool does. It say what the range is.
Oh, that's cool. Do you see that mini but mini
bus? I love that.
Let's go. OK, let's look at this one
first. Let's check this out.
This is so there's a whole bunchof them.
These are one of them. So it's a diesel electric
(30:52):
hybrid. This bus was sold back in April,
but the winning bidder did not pay.
That happens all the time. 37 Yeah, right here.
The DC Department of Transportation circulator press
program is ending. Yeah.
OK. Status title is clear.
Vehicle comes with a key push button.
Start the vehicle starts everything.
'S fine. Everything's fine.
And that's why the story is so important, yes, because we,
(31:15):
we're very creative about creating excuses of why we
shouldn't buy something, right? And it's like, oh, it's probably
defective. It's like no, no, no, read the,
read the details. Oh, there's a million reasons
not to do any of this stuff, butyou're, you're, you're missing
out on the opportunity. If, if you don't want to buy a
bus, go buy a, a train set from Target and make $3000.
You know, but here they give youthe VIN number.
(31:37):
So I'm sure you could do some research and find some
information about it. This stuff is all the time.
And, and these things look like they're in pretty good shape.
They give you all these 5. $100.Yeah, right, 2025. 2025.
Don't over price it. Yeah, yeah, it's going to close
in two. Days.
It's also cool in this thing. That'd be awesome, yeah.
This thing is going to sell. I'll bet you it sells for under
(31:59):
5 grand. That's my prediction.
Yeah. Because there's just a ton of
them and, you know, people pay for them and they're like, oh, I
got to go pick it up and what doI do?
And, you know, here The Ghost Inside you can see.
Let's see if there's give you more pictures inside.
There's the driver's seat. Come on, let's see the back.
Nobody wants to see that stuff. I want to see the seats.
(32:19):
OK, so there it is. It's like cleared out.
This would be perfect for the van life, right?
Yeah. It's wild, but this stuff is all
over. These are in Maryland.
This was ADC program, District of Columbia government.
You know, there's somebody you could you can ask questions.
Look, you called Donald Jackson,they gave you his phone number
so you can talk to it and you can go inspect it.
You don't have to just look at it online.
(32:41):
You can just start it up. It's crazy.
So I mean. You can start a business just
like finding buyers for these like go to like private limo and
bus companies that take that already own a bus company and
say, hey, I have access. You know, I've, they don't need
to know where it, where it is orwhere you're seeing it.
I've access, I've you know, I'vegot this bus, I'm selling it for
(33:01):
9 grand. They're probably used to paying
90 grand for 300 grand for thesebuses I imagine.
That, you know, Yeah, I imagine you're right.
Yep that when I posted it the most of the comments were
because they've sold new ones too, like 2019-2020 2 two.
Most of the comments were aroundoff grid people that wanted to
strip the batteries out, use those in their Tesla systems or
(33:23):
whatever, and then scrap the bus.
Yeah, make up the Powerwall system, yeah.
Build the power because the batteries are so expensive so.
And that that thing probably hassome massive.
Offers I could imagine, man, Yeah.
I mean, how much bigger than a Tesla battery do you think it
is? And those things cost 15 grand.
Yeah, that's right. That's right.
So yeah, it's pretty wild. And I just, this stuff keeps me
(33:45):
up at night. I can't stop thinking about the
opportunities here. That's that's crazy.
That's crazy. Let's see what that flight.
So yeah, sold for. Oh yeah, let's, where's it at?
Oh and it, oh, it's getting bumped.
So they're so they do popcorn bidding.
So they bid in the last probably30.
There's no sniping. It's not like eBay.
If you bid in the last 30 seconds, they're going to add
(34:05):
another 6 minutes on here. So it's sitting at 322,300.
I wanted to look at this little minibus right here.
It's near my town. This Citi Car minibus electric
vehicle 3500 bucks. That looks cool.
That does look cool. Who could you drop?
Well, let's see. Who could you drive around on
that thing? That's awesome.
Yeah. That's killer.
(34:26):
That's nice. It'd be nice if you had a piece
of property and looks like somebody's been doing some
wrenching where the work where the pictures have a socket set
and a bunch of screws in it. That may.
You may have to do some work andthey'll tell you, though.
Right here. Right.
Was wanting when removed, not guaranteed.
Yeah, who knows when it was removed.
So seats 10 available to. Upload.
It only needs new batteries. That's it.
(34:48):
That could be the most. That's it.
That's the whole thing, right? Yeah, yeah.
Anyhow, I love this stuff. The other thing I wanted to show
you that just came back up todaywere the KC 10s.
So these are the this is the military version of the of the
DC-10, right? And I think they've sold about
20 of these. These are, these are in Arizona,
(35:10):
which is a great place to store.There's four of them being
auctioned off. This is a $52 million plane when
it is first sold and the openingto the current bid, the reserve
to to bid is $500,000. OK, massive discount.
They often sell units that are where they don't don't fly,
(35:30):
where they've like stripped everything.
But these are still. What can you do with these?
I don't well. I like this I.
I have some ideas, yes. What would you do with it as
like a an actual airplane? You know what I'm saying?
I guess it would be a cargo plane when you're.
Trying to do like tariff runs orwhatever.
I would imagine, you know, cargois is the the big game here
(35:53):
Yeah, for this type of thing. It would be interesting to they
always sell every time somebody buys this.
And this is 20 days. So you have plenty of time to go
up there. It's at gsaauctions.gov.
You can go look at it. You can go inspect it.
You can contact Javier Oliveira at the airport base and you can
go take a look at this thing. So, oh, this one is OK.
(36:16):
So this aircraft, OK. I'm, I'm, I'm, I'm speaking out
of terms. I didn't read this yet.
This aircraft's non flyable. Condition.
Not in compliance with FAA, Yeah, so.
You have to bring. It I was going to make it an
Airbnb. Anyway, well, that's what I
thought. Yeah, I want to buy.
The really the ones I get more excited about are the ones that
the wings are already off so I can transport it and you could
(36:37):
put it in there and make it an Airbnb.
I think it would be phenomenal. And this site always has salvage
aircraft. I like, I love helicopters.
And you can buy helicopters without the engines and the
rotors and stuff for between 1000 and $5000 up here all the
time. So like if I had a kid focused
or tank business or that dig, whatever they do where they
(37:00):
drive construction equipment, man, I would have four or five
helicopters. These kids could just climb all
over and go crazy. Let's see if they have any
helicopters here. This is a regular helicopter.
This is there's the simulator. Let's see.
That's probably there. Golf, electric cars, baby food.
Do you want to buy baby food from the government?
(37:20):
That's a little scary. Yeah.
Let's go back and see. What's the baby food selling
for? I'm curious.
It looks like brand new. It's in Puerto Rico.
Pedialyte mixed fruit. Let's just see how.
I'm just curious. So this is 486 cans.
Oh powder Simulac hypoallergenicinstant formula.
(37:42):
Oh, November 2025 expiration date, right?
So you OK? You got to move it somewhere
where they don't really care. So it's Pedialyte formula.
Yep, this one's not. Pedia.
This is some kind of similac. Similac is the name.
How do you spell that SI? MIL.
A/C Similac powder instant formula.
(38:02):
What is the like the price? Per unit but there's no bids.
500 bucks. You could buy the whole thing
for so you could pay a dollar per unit.
Maybe that's what maybe that's too much.
Oh yeah, dollar per unit. Let's just say, well, it's
selling for 9:00 to. $20 per unit on Facebook Marketplace
right now. I'm looking at it, Yeah.
I wonder how you'd have to. Research and see how important
(38:24):
that expiration date is. And may you know, because some,
some people probably freak out about it, but a lot of people
realize that, well, that's just a guide and they're not, you
know, they're not well, you knowhow you do that right?
You just list. It you put the expiration date
in Facebook marketplace, Yep, and see what people say and see
what happens. They're going to say, oh,
that's. Smoking deal and we know it's it
lasts a year or more. You can also buy real estate
(38:46):
from the GSA. And one of the things that
caught my eye that's selling today, the auction ends today in
17 hours. Is this lighthouse?
And it's in Yeah. And I.
Thought what a great. Airbnb, right?
It's on its own private island. It has a dock.
Where's this at, Connecticut? Fairfield, CT.
(39:09):
Penfield Reef Lighthouse it was.It was built in 1874 style.
Yeah. I don't know if it was built in
1874. It's one mile off Bridgeport's
Black Rock Harbor. You got to have a boat, 51 foot
light tower, 15168 square feet. That's enough for a couple of
bedrooms. It's got a pier, a boat landing.
(39:30):
It's pretty wild, but it's 370. 1000, yes, that's the current
bid. Right now it ends in 17 hours.
There's 27 bids. This bid's been this has been
going on for since June. They they leave this up.
You can imagine the government doesn't move too fast.
The bid started at 100 grand andtoday it's up at 370.
(39:53):
Well dude, look at. These are some Airbnb
lighthouses 300. To 6.
Hundred a night, and this is in the same.
This is near Connecticut here. Your payment on a $370,000 house
is going to be what, 2000 a month if you financed it?
Yep, you'd pay for that in four bookings. 5 bookings.
(40:13):
Yeah, it's pretty wild. And you?
Get to own this cool place, man,and you get to go stay there
when you know, when you're doingwork on it.
I love that that's my slippery math formula.
Whenever I get to use it and enjoy it, I'm happy paying a
little bit more because you know, I own a place on the river
because I love to fish. Well, the numbers don't always
have to work out right? So, you know, I love the the
(40:34):
real estate stuff. And, you know, that's, again,
you can do it. Just gsaauctions.gov.
This is realestatesales.gov. You can buy this Rice County
Jail annex for $1,000,000. Here's another lighthouse that's
coming soon. This is in Rhode Island.
That looks gorgeous. Yeah.
You could buy the. Former Tatnell Air Force Space
(40:56):
Surveillance Station Current. I wanted to own one of those
current. 605,000. Dollars dude, this is you know
this is a heck of a story right here yeah one O 1 it's 100
acres, 100 acres that's. Like, another asymmetric bet
here is people could be looking at this like, oh, I don't need a
space station, but they're not noticing that it's 100 acres,
(41:20):
right? Yeah, yeah, yeah.
Obviously so many people. Have been hanging out in here.
Anyway, fun place to poke aroundthe story here is today.
Like I said, we started the theme is backward and boring.
Buy backward, you know know whatyou can sell it for before you
start. Don't buy anything that you
don't know already. Know what you can sell it for,
have that all figured out. Do the testing like you talk
(41:41):
about all the time. And then boring products are
typically going to be more profitable.
You know, everybody's fighting for the sexy stuff.
And you should leave that stuff alone and focus on boring stuff.
And as as you learn and build more sophisticated business
models and, you know, you can wade into some of this other
stuff, but yeah, it's great. Boring is.
(42:03):
Best. I love talking about this.
Stuff. I love seeing the people in the
mastermind figured out. It's a big deal that's really
making an impact in people's lives, just like, just like you
are all your stories. It's a big deal getting people
to think, pulling them out of the system, out of the Matrix,
huge, man. It's huge.
So down the rabbit hole we go. Yes.
That's exactly right. But yeah, if you want to learn
(42:25):
more, Chan and jean.com/mastermind or you know,
Chris will put links in there and I'm happy to answer any
questions. And there's no secrets.
We'll talk about it again as we get more, more stuff that comes
up. OK.
Thank you, Shanna. Thank you.
For having me on again, I can't stop.
Talking about this stuff, it's fun.
Hey guys, if you're still listening to this.
It's probably because you haven't had a chance to take
(42:47):
your Air Pods out, you're still mowing the lawn, you're still
driving, what have you. If you're still here with me, I
would really, really love and appreciate a five star review on
Spotify, Apple, or wherever you get your podcast.
It would mean a lot. If you want to go the extra
mile, share this episode with a friend that might have an
interest in starting a business.It would mean a ton.
Hope you have the best day of your life today.
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