What happens if you buy stolen stuff

The reality of running Buy Sell Trade shop what happens when you buy stolen merchandise. Make money thrifting.Visit my shop Trading Post in Crystal Lake IL
just google it.
Follow me on / craigslisthunter
Add me on SNAPCHAT @ petetheclh
Music by: / late-june-worthless

[@thriftymiser6834]

So I met Pete in the wild today. Ran into him at a Goodwill. The guy's a real hustler. Actually grinds it out. All the best Pete!

[@CraigslistHunter]

It was nice to meet you Mike. Cheers !!

[@danburch9989]

Makes me wonder if the computer seller and the real owner were out to scam you together. Here's how we got ripped off at a church yard sale in a similar fashion. 1. Individual buys a bed frame, mattress and headboard. They can't take it with them because they don't have a truck. They said they'll send someone to pick it up later. 2. That someone comes by and we let them load the truck. 3. Buyer returns later with a different truck wanting to know where her bed is. We couldn't prove that the someone who took the bed was or was not sent by her. She claims they weren't sent by her. We had to return her money. 4. You can bet that they were in the scam together.

[@wethepeople7629]

Dan Burch Hi Dan Who would go through so much headache and police reports to scam for a computer. Let’s be realistic.

[@daves984]

Yea I'm sure the guy was like f it I dont care I will sell it to the trading post. Then you wait 7 months report it stolen. I will get arrested, and get charged with felony theft. All for a few hundred bucks.

[@NicholasLittlejohn]

Sad that people are that poor and shady too

[@mediaguy4037]

@@wethepeople7629 You'd be suprised what people will do to make a buck. Drug addicts don't care if they get in trouble as long as they get their fix.....

[@Starfishcentral]

People can't moan at the profits that you make when the rent alone on your store is $5000 a month. They don't take into account the overheads you have to pay each month and staff wages etc.

[@NicholasLittlejohn]

Goo to own your location too when you can

[@noname-et9lj]

As a person who loves to garage sale (mostly for personal things) I have come across your videos and am so addicted. Thank you!

[@trioliatube]

Craigslist Hunter is another shining example of what is left of the American Dream. Respect.

[@goodneff]

THEN HE WOKE UP!

[@AEFarnam]

The American dream is dead. The rich figured out how to break the back of the middle and lower classes to fund everything. That's why so few have so much, so many so little

[@NoMoreF3ar]

To me I believe that the justice system should have an ACTUAL SYSTEM in place where the person who owes restitution ACTUALLY has to pay back the full amount that they owe NO MATTER WHAT. It's ridiculous that you only received $160 back

[@poodlenme]

I'm a brand new viewer. So far this is a awesome channel!

[@flobbertop4278]

In full binge mode here too SJ!

[@MacMetal215]

Same here. Great videos

[@azaznogalesaz]

SJ SMITH same here just binge watching... what is it with this guys videos

[@sam-dz6jk]

Can I ask you a question

[@smoll.miniatures]

an

[@dinacox1971]

This old one popped up...I had forgotten how you used to do all of the cool music! I think the snow makes Ruby sad!

[@motherloadpickers5497]

Another excellent video! Thank you for all the information. We are learning a lot from you. A thousand blessings!!!

[@jimcooncat8181]

So glad you addressed this. I was wondering what it was you were doing with the drivers license numbers, but I see it was just to protect yourself so you could sue the bandits. Being a store owner myself I've been interested in purchasing from walk-ins, but have decided against it for the time being. It seems that I would just be inviting desperate people.

[@balanced777]

Nice informative video as always Pete. Showing those who are not aware of one of the many potential pitfalls of owning your own store/business. We like how you keep it real and show everything how it is. Real reality here. On a different note, here in Socal it was 75 degrees and sunny today. It was nice to see the snow and not have to shovel it or drive in it. Keep reality real, we appreciate it.

[@thedukelives24]

Excellent video! I like the music and the knowledge is fresh. Keep em coming!

[@robc5315]

Pete your videos are great , you need to post more videos more often :) really enjoy watching them . Keep up the amazing work and keep the videos coming Pete .. cheers

[@kevinshea4776]

Thank you Pete for taking the time to put this blog together. I have learned a great deal from you. If I'm ever in the neighborhood, hopefully, I will look up your shop's address and stop in and buy stolen toners from you! -Just kidding! Too bad you did not get the full $500 back, but surprised you got $160 back.

[@thestraighteight9974]

I love watching your videos they reconfirm my way of thinking. Ive been selling online for years now and I'm thankful I have no overhead it would be nice to have an employee for ebay

[@krzypostalwkr]

I know exactly your pain I own a similar type of store in New Jersey and have waited sometimes a year or 2 to even see some of my money back. And i totally agree on not needing a big space. i use to have a big space and I downgraded to a 850sq ft shop and cut my rent more than half. But good luck and love the video

[@elyk46]

I like that you take time out to answer questions.

[@markkiger5219]

Great video, Pete. Here's one for you. I made some nice buys at a couple local Goodwill stores on a 50% off day. My wife told me I was depriving some less fortunate families that can't afford new when I bought those items to resell. I don't feel bad about it but I really didn't have an answer for that one.

[@kennethguin6974]

Mark Kiger

[@arniec6817]

Pete, thanks for the amazing vlogs, always!

[@deenasmusicbox]

Mike, you are just a plethora of knowledge 📕! I'm a new subscriber, but already have much admiration and respect for you and your willingness to share with us all that you do. Looking forward to watching more of your videos!

[@kevingonzales8752]

Thanks Pete, always a learning experience.

[@bassmaster3145]

I can't stop watching your videos. Please keep it up!

[@darrenstewart6127]

Ive just stumbling across your videos, this is magnificent from Melbourne Australia

[@gailnext]

$170 for two days going to court, it had to be based on principle, because your opportunity cost you lost for 2 days is huge!

[@astifcaulkinyeras]

So this explains why the pawn shop owner who bought my stolen Rolex and Omega watches was reluctant to turn over surveillance video of the thief. And when he finally did it was the worst quality video I had ever seen.

[@NicholasLittlejohn]

Horrible, can civilly sue

[@mr.borjon1130]

Oh man all that damn snow!! I moved to Franklin Park Illinois back in 2008 on January, by the time next winter hit I was gone!. Back in L.A. lol really enjoy your videos Pete.

[@524dominic]

great into bro been loving all ure content i live south of chicago i might have to come visit u guys next time im in the city

[@surimaribo24]

THANK YOU pete very good info and share

[@TRUEwebDEALS]

Hi Pete. Thank you for another great video. I totally agree with you... in trying to not incur a high overhead. I had a 2,800 sq ft warehouse, and 4 employees and the overhead killed me. I am back home and busting at the seams, but it's nice to have the lower overhead. I think it would be ideal for me to own 2 houses on a lot, or a house with another building on the lot for my business. Maybe someday :) Best wishes! -Steven

[@bridgetkrieman9608]

I've been to ur shop a couple times.... I'm a long time crystal lake resident!!!! Stumbled across ur dumpster diving video and recognized u in the dumpsters I frequent lol........ love your videos......

[@justjana]

Awesome info as always! You Rock!

[@SportsCardsBreaksAndBuys]

It’s beautiful where you live! I love the snow! Such a great sight!

[@superaquatic2853]

Spectacular intro with the bird and then the road!

[@joselemans49]

Could you do a video of the processing of items, from getting it to the posting on ebay, packaging, and shipping? Love your videos!

[@minnesotized]

I like your videos - both entertaining and informative !

[@terrihomer1790]

Another great informative video , Pete .

[@Vincent0Vangogh]

I see that the bins are numbered, and there must be a ledger to identify the contents. You could utilize 1000sq/ft and have store front 250 sq/ft and offer catalogue/touchscreen stations to order items not displayed. Display only hot items and have video screens offering other inventory in the catalogue. Love your show. Kudos.

[@bobkittytvshowclips9315]

love your energy pete.

[@MrJdsenior]

Interesting comment about the shop. We just started as part time ebayers (the serious selling side, anyway, been buying and selling a bit for years), and have often wondered that question about brick/mortar vs. online. Your statement on the supply side advantage being greater than the selling side didn't occur to me. You are one of the few youtubers I've seen that demonstrates you actually do what you say you do, has common sense (not that common), and a level head for business. Thanks for the vids. Sucks, that "hot" computer, does seem like it could have been a coordinated scam, as some have suggested below, especially the church bazaar comment. Probably not worth pursuing, except maybe on principle, to put one over on the bastards, for a change. ;-) Keep your head up! Good luck.

[@flippingforreal109]

Thanks for sharing the information

[@sebastiengaudette5434]

Love your channel, im a former pawnbroker myself from Canada. keep the great work and chanel.

[@Muurs9]

you know you the best I really do appreciate the videos I learned so much from you

[@darklordbob1868]

Great video and great info. for the biz! :)

[@Laurieb2851]

Love your channel (which I just ran across), and learn a lot. I look for a collect milk glass, but I have also found other very valuable glass. I don't keep the glass that's really worth something. If I can make the proper amount of money on it, I just don't keep it. I love finding something for a few bucks that's worth a whole lot more - which we all would. I'll be watching. I'm in Minnesota so I can greatly relate to hating winter. It is also a dangerous climate if you have a tendency to slip and fall.

[@duckthis17]

Would love to see a video on how you find and choose a freight shipper for shipping these large items.Great vid Pete.

[@GenXstacker]

So true about the overhead on a brick and mortar. This is why I have resisted the urge to expand. I prefer a one man business, with minimal overhead. This gives me a competitive advantage over sellers who have storefronts and employees to pay for.

[@DorkyThrifters]

great info Pete - thanks!

[@bradhintz2854]

Great video, great info !

[@imhuy95]

do more story time like this its soo good :)

[@HIimMAC]

keep hustlin my man! sweet vid!

[@st8price]

always happy when you upload a video

[@foxtrap299]

We need shops like yours in san diego California. I am new to you channel and i like it. I told all my friends

[@missingno81]

Love your interaction with Ruby.

[@Thsiscool]

As always, awesome vid! Keep doing what you're doing bro! Greetings from California! -Cheers

[@BoomerKeith1]

To me, it seems like the hardest part of the business is having to occasionally deal with stolen merchandise. When someone comes in and has everything you need to validate the purchase, it seems like you've done everything you can possibly do to ensure the merchandise is 'legit'. Sucks that you had to deal with that Pete.

[@WesM827]

Sometimes I sell large items before I can find an appropriate box. Some of the very large boxes are the hardest to find. Problem is, there's no guarantee you will find one the proper size in a short time frame, and with a buyer waiting for their item it gets stressful. For a large item like that, are you going to a custom box store or furniture store or something where finding the right size box is almost a sure thing? I've had to ship a rigid wheel chair in the past which can only be partially disassembled and recently a portable air cleaner and finding a suitable box for either was not an easy task. Even the place I get my bubble wrap rolls from do not have anything much larger than what you can get at Home Depot or any moving store. Good vid. Always enjoy them and always learn something new!

[@vtgkc138]

Interesting video. Sad to hear that theft affects you too, didn't know it affecting that many people :(

[@jk-76]

Yard Sale Hunter always has. People were steeling before they invented currency. Sad huh?

[@lastmanstanding2622]

Using the music "Worthless" from Chill Children was AWESOME! Loved it. 👍

[@ericgreen5921]

i Enjoy watching your videos i own a Buy Sell store myself in Sandusky ohio,i Been in Business for 9years now.i started with electronics now i have furniture i love doing what i do,alot of Hardwork getting ready to open up my second store 2017 .Thanks for the Motivation

[@ladym2668]

Awesome snow footage💥💥

[@AnnaHitchcock58]

Did you sell the turtle already? Great video's. Merry Christmas from - Iowa!

[@brentnevius2849]

You are a good man for providing jobs! Thank you!

[@LyricalViking]

This is why you don't sale stolen merchandise to a pawnshop. Unless of course you don't mind going to jail.

[@YSDev]

damn nice work.. getting me motivated..woot woot

[@gypsydust]

So interesting. Stumbled across your page. Very entertaining. Oh and Go Preds! :) love from SMASHVILLE!!!

[@jamesnewman7961]

It's because of Craigslist Hunter that I am Now a Top Rated Seller on Ebay. After watching these Videos for about 6 Months, it gave me the Urge to Start my Own Store on Ebay. I Still watch Each and Every Video that comes out. Great Job Pete, I wish you the Very Best Always my Friend!! 👍💯👍💯❤❤❤

[@justintimeflipping]

I would be carful to buy stolen stuff .. When I was 16-17 I bought a bike frame from a friend lol (not a friend) .. Well long story short it was stolen .. Cops made me strip the bike back down give the frame back 20 hours of community service was rewarded with a 200.00 fine .. Also I paid 80 for the frame .. So ruffly 300.00 later I could have bought a new haro or dyno for that money ... That was the first and last purchase from a friend for 10 years .. I paid top dollar for years to avoid that whole nightmare as a kid .. Know what your buying before buying .. Get a paper receipt with the person signing it .. If they don’t sign it’s a red flag .. Keep up the good work Pete ..

[@DavidSuttoninSpain]

Here in the UK, if the theif was caught, he would be ordered to pay the price of the $500, pluse court costs, if he could no pay all up front, then an "Attchment of earnings would be placed on him, ensuring that you got the money back from whatever earnings he got, so if he was on state handouts then an amount would be deducted from that to pay you, until the debut was paid off. I feel for you being scammed like that.

[@tootall5559]

The beauty of having a shop is you can sell larger items that are hell to ship and sell on Ebay.

[@Liquid_Bread_Fabrewcation]

I just subscribed. I envy your ability to stay self employed. I myself have spent a good portion of my life with self employment and can tell you that with self employment you are not your own boss. Every body is your boss. Could you please tell us what you do in case of a need for health insurance?

[@susanbehring3401]

I hate winter too Pete! When I worked at the bank if a customer brought in a counterfeit bill...we have to confiscate it. The customer loses and chances are they were given the bill by someone else. We send it to the feds.

[@JKB3670]

Yikes, Snow!! Shout out from Texas..

[@PhilJLF]

I absolutely love your videos and content, I wish the best for you and your future. One little thing I have against good will and value village hunters; people who donate items to those stores are from people who are trying to help the less fortunate out by donations... now being a parasite to that system just isn’t right... flipping off eBay, garage sales, Craigslist, that’s all cool... but good will and value village, and Salvation Army type stuff (that isn’t hustling, it’s stealing from the poor) ... in my eyes.

[@wmcbarker4155]

thanks for captioning as I am deaf.

[@bluecow10]

I'm watching a bunch of your videos and im thinking u look fimilar. then you bring up mchenry county (my county) im like sweet but then i look in the description and ur in CL, thats where i live and ive been to ur trading post so many times after going to the gym, ive bought some stuff from you guys. keep up the good work

[@08PeeSon80]

Nice video Pete!

[@Stokjockey]

Nice Music and a "Horse Blanket" to start this Video Pete.....................

[@tycro23]

I just like the way you expose your day and your frankness (not sur about "frankness". Born french in Canada so; got some weakness in my english ;) )

[@Freestylephilately]

this is a "sawhorse" bill - decent shape on this - buyer must be happy. great sale!!

[@sbuzz5889]

commodity/ sales SERVICE industry- it began in the Reagan years. your right u have location for the brick/mortar .as for ebay sales, not so much- u pay premium, and you cant split effectively

[@someoldguy383]

Here's what happened when my camera got stolen, years ago. The cops called me and said they found it at a local pawn shop, and wanted to go with me to pick it up. I met them there, and they told me that I couldn't just walk in and recover my own property - I'd have to buy my own stolen camera and gear back from the pawn shop! They said it "wouldn't be fair to the shop owner" to make him take the loss. So that's my experience with local law enforcement and stolen goods in Florissant MO, or maybe Dellwood or Hazelwood - there are dozens of individual municipalities in St Louis County and unless you happen to have a map with you, you're never sure exactly which one you're in at any given time.

[@graywolf2694]

Not fair to the shop... Its not fair to you, it's yours .... There is no law.

[@cookingwithoreo7627]

Great video!!

[@thetaekwondoe3887]

Yay! Christmas snow!

[@colleenfreestone]

u r such a nice guy,wish we had u here in australia

[@carolbedrosian4650]

BTW? I enjoy the music you choose for these videos!

[@ThriftyTruckers]

I am thinking about you in Pensacola, Florida area. The only bad thing, we drive truck so might be in it real soon.

[@kevinsmith3561]

Love your show Kevin Australia

[@adventureswithbradley5257]

Do you still go dumpster diving in the winter/snow?

[@ThatHomelessScrubbalo]

I hate winter too. It's cold living on the streets

[@zrkn1]

Wife and i enjoy your videos and busines model. Stay honest and free of greediness brother.

[@traev2484]

love your vids

[@yammlamm4494]

you are my inspiration

[@briantracy1324]

In Florida the cops help shady pawn shops out in buying stolen goods... they allow the pawn shops to take smudged/illegible thumbprints making id impossible.

[@RantTherapist]

Beautiful music

[@flipflopsallday72]

Pete Question for you. You said if you had to do it over you would have 1000sq ft building with 500 front/500 back. Looking at your store layout, why don't you just close the doors from front of shop, move out what doesn't sell and condense 2 rooms, then hire more employees to do photos, processing, listing, shipping in the back half of the store?

[@jesselink8855]

I would be sliding around on that road having so much fun

[@GrenLanBouda]

Hey Pete, I'm a new subscriber to your channel. Do you have a website for your store?

[@__1201]

There should be a centralized database that you can go to that people can report stolen items with their serial number or identifying markers (obviously you would need evidence to prove you owned the item) that people can reference to see if an item is reported stolen. I know they do have these for phones, but it would stop a lot of this hot shit coming into pawn shops or reselling establishments.

[@benanderson3041]

Can you do a consignment type deal so you can avoid paying out on potential stolen items?

[@aprettypenny1786]

Have you ever thought of renting out some of your space?