Buy low, sell high … that’s the name of this biz and it has absolutely nothing to do with stocks, nor real estate. If you’re looking for a quick and easy way to put a little extra cash in your pocket, then this little side business is going to excite you.
There are a bunch of local auctions and estate sales happening right in your town, and what most people don’t know, these events are open to the public.
They have auctions for everything ranging from furniture, antiques, commercial kitchen appliances, home furnishings, cars, boats and everything in-between.
Anyone can go in and start bidding on all types of stuff … and walk out the door with high-end, name brand items for pennies on the dollar…
Once I get this stuff … I typically turnaround and sell it for a quick profit!
I personally like to buy antique and mid-century chairs … I can buy them for cheap, and sell for a bunch of money. Every now and then, I’ll buy something random that I think I can make a quick profit from.
At auction, I bought the following antique West German radio for pretty cheap and flipped it for a little over $400.00. I put a couple hundred bucks and change in my pocket: