TheOverstockGuy

Founder. Operator. Problem solver.
Turning excess inventory into cash.
$3M+ recovered in 2025.

[TheOverstockGuy @8dmuffin]

@Jacob_Naviaux Been there done that.
High risk high reward game.
One must have deep pockets to play.

[TheOverstockGuy @8dmuffin]

@realEstateTrent Never heard of this

[TheOverstockGuy @8dmuffin]

@theficouple If you can't raise a family on a $160,000 salary, It's not a spending problem - The system is broken.

[TheOverstockGuy @8dmuffin]

@realEstateTrent Cool, some of my greatest childhood memories!

[TheOverstockGuy @8dmuffin]

@StumpGuyTy 191K net and you're looking to move on?
I guess you're selling......

[TheOverstockGuy @8dmuffin]

Sounds crazy?

Let's do some back of the napkin.

Fund size: $100 million

Hold period: 5 years

Return: 13% annual IRR

8% preferred return

Then a 40% GP / 60% LP split on profits above the pref

Total GP profits - 14.9 mill

Now 5X that over a 25 year career!

10 million is not sounding so hot anymore.......

[TheOverstockGuy @8dmuffin]

My dream?

A cedar wood lake house in the Muskoka region of Canada.

IYKYK.

One of the most beautiful regions in the world.

[TheOverstockGuy @8dmuffin]

@adamstatonsmith 3 mil NJ

[TheOverstockGuy @8dmuffin]

@SMBDistribution I'll give you a follow, seems like everything here is real estate and finance. Let's build a SMB movement here.

[TheOverstockGuy @8dmuffin]

We bought two huge overstock lots of ChapStick. 💄

1) Standard flavors were expensive.
2) Party flavors were dirt cheap.

We thought we killed it with the party flavors.

Six weeks later, the standard flavors are sold out at a great profit.

The holiday flavors are still sitting.

Takeaway - Price is important, but if there's no demand - any price is expensive.

[TheOverstockGuy @8dmuffin]

@muheediva01 Sushi every day all day

[TheOverstockGuy @8dmuffin]

@realfrugalmogul Am I missing something?
If there's no damage to the property, why would you go after them?
They may have not stuck to the rules, but they paid their bill, you are out $0.

[TheOverstockGuy @8dmuffin]

@marcuslemonis Can you get me to be an approved vendor at BB&B?
Guaranteed to be profitable for both of us!

[TheOverstockGuy @8dmuffin]

Ah yes - AKA the discontinued HBA lottery!

Had it once a few years ago. I bought 4,000 bottles of a discontinued shampoo and sold them for 5x to an Amazon seller who's making good money with it.

Then again 2 months ago, I got two pallets of a discontinued hand soap with a distinct scent. Bought them for $2 apiece, and they're selling on Amazon for $40. Already have a buyer lined up.

[TheOverstockGuy @8dmuffin]

“Blue collar jobs won’t be touched by AI.”

This morning my sink handle broke off.
I was about to text a handyman, but decided to see what Grok could do for me.
4 minutes later - fixed.

It turns everyone into a little more capable version of themselves.

[TheOverstockGuy @8dmuffin]

@jearl02s Too many

[TheOverstockGuy @8dmuffin]

@theficouple If a couple making $155,000 can't afford a decent home to raise a family - the system is broken.

[TheOverstockGuy @8dmuffin]

@keyan_concrete @abrazomack I thought it would be lower than that - can't you get a full size in the 75k range?

[TheOverstockGuy @8dmuffin]

@realEstateTrent Grandpa owns a large manufacturing plant - net worth in the 9 digits. Never flew business till he was in his 70's and only for longer flights. Twice that I can remember he chartered private.