Legal methods of acquiring free assets

[Hydrogen]

I don't think there is any method to acquire a valuable asset for free

I don't think it's really possible to get any kind of valuable and worthy assets for free unless you do something they ask you to do for them and your work is worth paying some assets because nothing comes for free unless you are the product which means even if they promise to give you free money or free asset the asset if actually no free buy it comes from the job they want you and doing this job sometimes doesn't worth it.

While nothing might ever be truly free, as all opportunities require time at the least.

How about some of these other attempts at acquiring free assets?

Modern Day Treasure Hunter Finds $1,000,000 in a Year! (Best Finds of 2022)
https://www.youtube.com/watch?v=aKyHloj18wM
(This youtuber dives in oceans, lakes and streams collecting whatever lost items he can find. He claims to have *acquired* technically more than $1 million in free assets for 2022.)

Finding Gold In The Richest River On The Island!
https://www.youtube.com/watch?v=1zFhwi48REo
(This youtuber collects free assets like arrowheads, gold and minerals in the wild and seems to do ok from a financial perspective)

One thing for sure, crypto mining was not free and it will never be considering the increasing cost of electricity.

Regions like venezuela once offered free electricity to residents, which was used to mine crypto back in the crypto mining golden age.

hydrogen you skipped one economy of the bulldozers

you mentioned scrap metal which is pointless economy when it comes to transport cost of said weight

however. selling PARTS to other miners is lucrative

Try looking at shipping prices of items on ebay.

It is possible high cost of shipping is restricting everything.

[Doan9269]

There are abandoned bulldozers, excavators and construction equipment in a remote location on a mountain. Which the legal owners are willing to part with for free, to anyone who is willing to haul them away. The catch is the scrap metal value of the construction equipment isn't enough to make the project feasible. To turn a profit, everything has to be repaired and restored to be fully operational and sold at market value.

This is a good idea and an opportunity that be useful vut only on a largw scale producer where it is applicable, here the production companies that are into manufacturing of metal materials can outsource for this spare parts and use them into finished product by manufacturing and refabricating them, but it may not really work for an individual because of the demand and required facilities needed for evacuation.

[Casdinyard]

If you get something for free, then you are the product. In your case of people giving these earthmovers for free, you are giving them the service that they would otherwise have to pay expensive money to do. There is no guarantee that you'd even be able to sell these off given the fact that they sre most likely worn down and would not be valuable besides for scrap. Then again if you are good at flippijng items for money this could actually be a good gig to earn a few bucks but for the regular joe this may not work as intended.

I get the sentiment on OP's post though, stating and supposing that there's money to be made if you know how to look around which I would agree.

[franky1]

hydrogen you skipped one economy of the bulldozers

you mentioned scrap metal which is pointless economy when it comes to transport cost of said weight

however. selling PARTS to other miners is lucrative

Try looking at shipping prices of items on ebay.

It is possible high cost of shipping is restricting everything.

i simply mean
instead of you driving to the mountains. to then drag the dead dozer back to your location, to then repair it into a working vehicle to then sell as working vehicle to another guy in the mountains...
or
instead of you driving to the mountains. to then drag the dead metal back to your location, to then sell as scrap locally

have you thought about. researching the dead dozer holders location in the mountains for other companies IN THAT location. to just get for free the bulldozer and just drive it to his neighbour to sell it to them as a dozer for them to use for spare parts

EG if the dead dozer only needs 20% of parts to make it work. it means its already got 80% working parts already. so you can sell it for like 40% of full value as just a cache of spare parts for the mountain mans neighbours and all it has cost you is some fuel between neighbouring companies in the mountains

EG
your plan
you--------->mountain┐
| repair<---------------┘ sell for hopeful 60% working second hand
|   └----------->buyer┐  but cost you more fuel parts and time to repair
└----------------------┘                          

instead of
you--------->mountain┐
 |                               |  sell for hopeful 40% as mostly good parts.
 └-----------buyer<----┘  zero repair time and less fuel

[qwertyup23]

Are there good methods of legally acquiring free assets people would like to share?

I don't think there is any method to acquire a valuable asset for free, except you are prolly inheriting them from your family or something. In the case of this earthmoving equipments that are old and prolly spoilt, no one is going to give them to you for free unless they know you would spend a fortune in making it work again, and it prolly might not, or it could spoil again after a few weeks/months of your repair. Thus i don't think you are even getting them for free per se, because you are definitely going to put in time and resources into something that might turn out unsuccessful.

There are assets that fall under the "low supply" and "low demand" category that can generally yield a good profit if you hold onto them for a certain amount of time or find someone with a good interest in them. Two examples of these could be vinyls and grand pianos - but it doesn't stop there - there's many other items that can be resold for a higher price.

I've seen huge victorian writing desks (that look like they're made similar to antique grand pianos) get listed for between $4000-$16000+. Grand pianos themselves (and organs) are either worthless or worth thousands (and sometimes both at the same time).

There's then the opportunity of transforming things into other items that are either usable or not. There's a decent number of old busses that get turned into campervans, a few airplanes that get turned into hotels. If you make something saught after and turn a profit, you might just be on to something.

Interesting- then what is stopping people from acquiring these so-called "free assets"? For example, an abandoned luxury (or any cheap model) car may be acquired by anyone and could be sold for the scrap metals they possess.

Though I remember I watched this documentary about some abandoned vehicles in Dubai in which the owners themselves do not recover it. Most of them abandoned these cars since they cannot pay the remaining balance, so they fly away to some other country and the government retrieves the said assets. If you truly want to purchase these cars, then the person has to pay the remaining balance in order to get it.

I do think that nothing is free in this world. There is always that proportionate equivalent which may not be in a form of "money" but time, patience, and skills which are considered the trade-off of such.

[jackg]

Interesting- then what is stopping people from acquiring these so-called "free assets"? For example, an abandoned luxury (or any cheap model) car may be acquired by anyone and could be sold for the scrap metals they possess.

Though I remember I watched this documentary about some abandoned vehicles in Dubai in which the owners themselves do not recover it. Most of them abandoned these cars since they cannot pay the remaining balance, so they fly away to some other country and the government retrieves the said assets. If you truly want to purchase these cars, then the person has to pay the remaining balance in order to get it.

I do think that nothing is free in this world. There is always that proportionate equivalent which may not be in a form of "money" but time, patience, and skills which are considered the trade-off of such.

A lack of demand, a lack of space and an availability of tips and other places to dispose of.large waste products fairly easily (some people will pay a fee to get rid of large possessions).

Sometimes these low demand assets also become high demand too. There's enough occasions where things like video games and vinyls retain their value or go up in value (compared with inflation) after they've become rare or sought after.

There's occasions I've seen where cars are left without their tax being paid because they stop being roadworthy and it's deemed cheaper by the owner to change the plates and dump it somewhere to have it towed by the government after a week rather than paying someone to remove it.