Originally Posted by
jamesl
I've been flipping older bikes recently. In one case, I bought a bike for $25 and sold it for $150 and the original seller complained he had been ripped off.
Let me get this straight. The guy who willingly sold you the bike for $25.00 feels that you ripped him off because you were able to sell the bike for $150?
I'm thinking he didn't put nearly enough value on your time, skill and knowledge. I'm thinking that both he and the ultimate buyer got fair deals. They thought so too at the time or they wouldn't have done it.