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Outdoor Power Equipment Discussion, Repairs, Buy or Sell Outdoor power equipment discussions. Questions on commercial lawn mowers, lawn mower, mower parts, lawn tractors, engines, edgers, trimmers, pole saws, aerators, hydro seeders, snow plows, chain saws, stump grinders, trucks and trailers?

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Outdoor Power Equipment Discussion, Repairs, Buy or Sell

Outdoor power equipment discussions. Questions on commercial lawn mowers, lawn mower, mower parts, lawn tractors, engines, edgers, trimmers, pole saws, aerators, hydro seeders, snow plows, chain saws, stump grinders, trucks and trailers?
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  #1  
Old 11-02-2010, 09:51 PM
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Can anybody check out this ad and tell me what they think?

http://bham.craigslist.org/grd/2023970180.html

Its an Exmark walk behind. It will be my first one... any opinions, suggestions, tips? I am going to look at it tomorrow
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  #2  
Old 11-03-2010, 12:04 AM
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Damn, be careful friend. That is one low low price!

It'd make sense if the frame didn't come with everything else... lol


That looks fishy... Any opinions?


A price that low could be a scam, or really beat up equipment.
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Old 11-03-2010, 10:55 AM
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it is fall so I would not say it is going to be a bad unit. I have bought a 60" Grasshopper for 900 that ran great before. Sometimes deals come up. Make sure it runs and look at the belts before and after you run it to watch for wear. Other then that good luck.
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Old 11-03-2010, 04:14 PM
Local Edge Lawn Care Local Edge Lawn Care is offline
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Nah it doesnt look like a scam at all, im surprised this will be your first you say? You will love it and want more, what ever accounts you have now you will be able to get them done close to half of the time now, any lawn care company should have a few... just make sure it runds good, turns like it should and no strong vibrations when the blades are on, like if a car tire is out of balance.. A new mower such is that is less than 3 grand at least here in UTAH they are. good luck with your new mower..

www.localedgelawncare.com
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Old 11-03-2010, 09:26 PM
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Did you check out the mower in person? How did it look and run?
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Old 11-03-2010, 10:53 PM
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Thanks a lot for the advice guys! Did not have a chance to take a look at it yet. Spent all day working and picked up three new residential accounts along the way. It seems like people are begging for a lawncare company right now for some reason.

Had to go to the courthouse and get my LLC filed... That took hours unfortunately.

That ad has been up for a few weeks. Nobody around here is looking to buy anything right now except for me it seems. I'll gladly take it. I am actually thinking about offering $900 cash and see if I can get away with it.

Thanks again
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Old 11-03-2010, 11:05 PM
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Quote:
Had to go to the courthouse and get my LLC filed... That took hours unfortunately.
Matt can you tell us a little about this process?

A lot of members consider filing an llc.

What made you choose that and did you do it yourself or with the help of an attorney?

What advice do you have for others thinking of filing an llc?
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Old 11-03-2010, 11:19 PM
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Default Filing llc,

Not sure how it is in your states but here in utah we have a website something like utah.gov and you can file LLC, INC, register any business you want and its only $70 bucks and if you have all of your info it only takes about an hour and you have your EIN numbers and all.. May I suggest not going with a llc though? my CPA switched me over to a S corp a few years ago, its the best thing i have ever did mainly for tax purposes, Your able to take a very small pay check and if you need more you take whats called a draw so its a business expense, and not a payroll tax etc. hope this helped?

Justin

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Old 11-04-2010, 05:36 PM
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Justin,

That is very interesting. What was it that your cpa didn't like about the LLC? What made you go with an llc initially?
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Old 11-04-2010, 10:09 PM
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Quote:
Originally Posted by Steve View Post
Matt can you tell us a little about this process?

A lot of members consider filing an llc.

What made you choose that and did you do it yourself or with the help of an attorney?

What advice do you have for others thinking of filing an llc?

Sure Steve,


And thank you Justin for the advice. At some point I may definitely switch from the LLC to the S corp. However, starting out I was advised by my attorney to go with the LLC. If my company starts growing and we start seeing good profit returns then we will definitely make the switch. It is getting very cold here in Alabama now but we rarely get snow. So no snow plowing but also not much yard work either. We will slow down here in a month or so and go to the drawing boards. Once spring gets here we will be so busy we may have to start hiring employees. Especially if I am able to pick up some of these commercial properties I am in negotiations with now.

Steve,

Setting up an LLC can be very easy. IF you know the process your state has set up for you to do so. If you do not then it is a huge pain in the butt. My attorney drew up the LLC for free for us so that helped. We then had to find the probate judge office in downtown Birmingham. I of course carry cash and a debit card which didn't do me much good because they required me to make out a $40 check to the sec of state and the a $51 cash charge to the probate judge. If I had a check on me I wouldn't of had to run half a mile in the cold rain to a bank to get a money order. After I returned the process was simple and painless. Takes about 5 minutes if you bring cash and a check with you as well as two original signed copies of your LLC.

Once my fiance finishes her CPA this year, I will have a free accountant who can take care of that S corp issue for me. Until then I don't know that we are going to have much of a profit to worry about paying taxes anyways.
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