VCR resellers making six figures buying at five dollars selling at 150

What was said

"I talked to guys just yesterday that are reselling VCRs. They're paying $5 to $10 for VCRs and selling them for $100 to $150. These guys are in like the middle of nowhere, Virginia. And so when we were talking, I pulled up Facebook Marketplace and I live in Dallas Fort Worth. There's 9 million people. And I typed in VCR and I just watched their eyes lit up because there were hundreds of VCRs for 5 to 10 bucks. And they were like, 'That one's worth 200. That one's worth 75. That one's worth 150.' And I crunched the numbers and I'm like, you could make six figures a year if you lived in Dallas Fort Worth buying VCRs on Facebook Marketplace where people don't know their value and selling them on eBay where there's a fair market value for it."

Kerner interviewed resellers in rural Virginia who are earning six-figure incomes flipping obsolete VCRs purchased for $5-10 and sold for $100-150. He demonstrated that in major metropolitan areas like Dallas-Fort Worth, hundreds of undervalued VCRs are available on Facebook Marketplace, creating immediate arbitrage opportunities.