Jan 10 2009
Make Extra Money Collecting Scrap Metal
With metal prices climbing over the past year more people are becoming interested in making extra money by collecting and selling scrap metal. Unfortunately, a lot of people who are trying to make money in scrap metal get their scrap metal by stealing it. They have been so brazen as to steal air conditioners off roofs or even stealing copper wire from power lines. Obviously I do not advocate that and this post will tell you how to legitimately collect and sell scrap metal.
If you’re going to collect scrap metal you are going to need a pickup to haul it in. Although the prices of scrap metal have risen dramatically it still takes quite a bit of it to add up to significant money. To get scrap metal just cruise your local neighborhoods when they have bulk item pickup. You’ll likely find scrapped hot water heaters, air conditioners, washers, dryers, lawn mowers, etc. all of which can be sold as scrap metal.
Once you have accumulated a load of scrap metal you need to sell it. If you don’t already know of a scrap metal dealer than all you need to do to find one is look in the phone book. Most metropolitan areas will have several. You’ll probably want to sell your metal at several places until you figure out who will give you the best deal.
Once you have done this a few times you will figure out ways to make even more money. This is alternative income since you definitely have to work to earn this money and there are no recurring payments. This isn’t something I currently do but I do believe it is a viable way to make extra money for those who are interested in it.
