Good deal?

[Jeremiah's Tractors]

It's your time, only you know how to value it.

$2400 was the initial investment including parts, and it brought back $8500 in revenue, leaving you a supposed $6100 profit. If your spare time is worth nothing, then yes, your profit was $6100 ($122/hr). How much does it normally cost a company or you for 50 hours of your time? I'd deduct that from the $6100 as well. However, I'm also I'm assuming this was a spare time project (as of course they all are), so that would make it a great deal. Now whether my wife (or other projects I should've been doing) agree, is another issue, but put a grand in her hand and all is forgiven, and I still have enough to fill the coffee can for future "projects."

So here is the situation. I'm in the late teens, and I usually work for my parents business. But for the last few years I have been working on tractors (i started off with a ford 8n that didn't run, which had 5 attachments, that my uncle gave me) on the side. I am hoping someday make my living off of it. All the tractors that I have flipped so far, I have only made about $10-$60 per hour. So on this one I think I did pretty good (really good I think, at least compared to the other ones).

 

[Bob Bancroft]

So here is the situation. I'm in the late teens, and I usually work for my parents business. But for the last few years I have been working on tractors (i started off with a ford 8n that didn't run, which had 5 attachments, that my uncle gave me) on the side. I am hoping someday make my living off of it. All the tractors that I have flipped so far, I have only made about $10-$60 per hour. So on this one I think I did pretty good (really good I think, at least compared to the other ones).

Good for you. It really takes a special talent, and/or a lot of good luck to repair, flip, and profit on a machine. I have fixed up(not restored) several antique tractors for my own use. Most are now gone, as my aging body, ambition level, and interest is more aligned with modern conveniences. I certainly didn't profit on many of them.

 

[Tx Jim]

Congratulations & keep on learning. Few young people today could accomplish what you have accomplished.

 

[Jeremiah's Tractors]

Good for you. It really takes a special talent, and/or a lot of good luck to repair, flip, and profit on a machine. I have fixed up(not restored) several antique tractors for my own use. Most are now gone, as my aging body, ambition level, and interest is more aligned with modern conveniences. I certainly didn't profit on many of them.

Thanks!

 

[Jeremiah's Tractors]

Congratulations & keep on learning. Few young people today could accomplish what you have accomplished.

Thanks!

 

[scootergmc]

So here is the situation. I'm in the late teens, and I usually work for my parents business. But for the last few years I have been working on tractors (i started off with a ford 8n that didn't run, which had 5 attachments, that my uncle gave me) on the side. I am hoping someday make my living off of it. All the tractors that I have flipped so far, I have only made about $10-$60 per hour. So on this one I think I did pretty good (really good I think, at least compared to the other ones).

Well then given your position in life, it sounds like you did really well. Keep it up!

 

[560Dennis]

I am going to take the oil pan off and clean it out (while I'm in there, I'll check the engine bearings).

Check o out oil pump , or did you already ?

 

[Jim.ME]

Check o out oil pump , or did you already ?

He made the post you quoted in September. It doesn't matter now, as November 15 he posted in this thread that he had sold the tractor.

 

[Jeremiah's Tractors]

Well then given your position in life, it sounds like you did really well. Keep it up!

Thanks!

 

[Jeremiah's Tractors]

Check o out oil pump , or did you already ?

The oil pump is actually behind the front gear cover, I already sold it anyhow.

 

[JoeM(GA)]

Just a little FYI for ya as you’re getting going, These older Kubota’s, not sure on the newer ones, along with lots of the other imports have a pre+combustion chamber pressed into the cylinder head, that little taste of starting fluid is real good about removing that, then it and the piston chat on the next stroke. Starter fluids were designed for the good ole days of heavy duty cast iron engines, not these. JMHO

 

[Jeremiah's Tractors]

The other day, me and my dad was at advanced auto to buy a battery for a new tractor (a TO 30). When we got there we went over to the battery rack, and my dad asked them if they had any economy batteries. Then one of the guy came walking around the corner with a tool cart that had some batteries on it. He said that they were being marked down to $45 with a core (they were usually $150 with a core). I was going to buy only one battery that day, but I walked out with three!

 

[Jaden]

Jeremiah;
Besides $profit, consider the educational benefits you got.

 

[Jeremiah's Tractors]

Jeremiah;
Besides $profit, consider the educational benefits you got.

Yeah. On my 9N/2N I had to remember that every time I looked at it.