on a mission….to show the average person
in America how, with a little "digging", you too can
create income to make ends meet or change your lifestyle. We
don’t charge you even a penny for this expertise and advice.
This site is our way of sharing what we've
learned through personal experience.
There is lots of money to be made buying
at garage sales, yard
sales and pawn shops... and then selling these items either
or at a flea market. We do it every day, and we can show
to do it too !
The biggest secret to buying and selling is this: You
make your money when you buy, and you cash in when you sell.
In other words, research your item before you buy it so you
can buy right. This not only help you make more money, it
will also save you from losing money on a "white elephant".
These days, with so many great tools available, there is simply
no excuse for making a bad buy. Here are
five fundamental tools and techniques to get you started right:
Get the eBay app for iTune or Blackberry.
This will allow you to look up your item in the "completed
history" section of eBay to see its real market
value before you buy. Never fall for a bogus sales
If you're using T-mobile, get yourself a Sidekick LX. You
can pick one up on eBay for about $75, and get a monthly flex
plan for around $1 a day. Then next time you're not familiar
with a brand name or an item, just use your phone and look
it up on eBay!
Another great research technique is combining
the awesome reach of Google with the power
of CraigsList. For example, say I'm looking
at a Snap-On MT2500 someone wants to sell me. I've never heard
of this model, so I go to Google.com and type in "snap-on
mt2500 craigslist". This gives me a list of CraigsList
ads around the country, and I can click on them to see what
people are asking.
Keep in mind, you'll get a whole range of prices with this
technique. I tend to throw out the high numbers and the low
ones, to make sure I'm getting a more accurate read.
The "rebuy" technique. I also have
the craigslist app on my iPhone. This allows
me to easily check CL several times a day. You can do it from
your PC or laptop, but the point is to monitor CL often.
A few weeks back, while waiting for a table in a restaurant,
I came across a Lincoln SA-200 welder for
sale at $450. The owner brought this huge machine to the parking
lot where I was. I bought it, took some better photos, and
re-listed it on CraigsList. Total time invested: about 15
minutes. It sold for $2200 a week later.
The same technique works great with newspaper classifieds,
yard sales, garage sales,
thrift stores, and flea markets.
Books, CD's, DVD's and Video Games (the software, not the
units). This is a specialty area that can
make you big money fast. There are many DVD's and Video Games
worth more than $100, and lots more worth
between $10 and $100. You can buy them every day of the week
for as little as 50¢ each.
The secret? Checking the barcode on the back of the item
with Amazon.com . This can be done manually,
or a little scanning device can make your life much easier.
Try the Red Laser app for iPhone (it uses
the iPhone's camera as a scanner), or use the ASeller
Tool barcode scanner. It tells you in advance what
an item will sell for on Amazon, and you can scan a stack
of media bar codes in seconds. Check out our video about it
BONUS TIP: College textbooks are a hidden
gold mine. Keep an eye out for them at yard sales and thrift
stores; you'll have almost no competition.
Buying merchandise for resale is no longer
a gamble; now it's a simple science. By putting your technology
and creativity to work, you too can create your own personal