Originally Posted by gorideabicycle

I've been flipping bikes for years as a hobby, and to fund my cycling obsession... It certainly takes time to find out what bikes are worth your time, and at what price point.

Often I will buy a bicycle just to harvest the parts and sell on eBay. If you are able to identify the components from the photos in the listing, you can search them on eBay and narrow the results to only "Sold Items". That way you can see past selling data and get an estimate of worth.

Just browse Craigslist every day, make a couple buys, and learn from mistakes! That's how I learned to wrench on bikes six years ago.