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What I am going to tell you in this report will just
blow your mind away. I will show you in no uncertain terms how
YOU can pick up $100, $300, $500 or even a thousand dollars a day for some
of the easiest work you have ever done.
Stop at a yard
sale and pick up $200.00. Next stop
at an estate sale and pick up $400.
Stop at another yard sale on the way home and picked up another
$300. It was like picking up $100
dollar bills off of the street.
That was my day last week. I
picked up $900 bucks for the easiest day I ever had. I never lifted anything that weight more
then a couple of pounds and put all the “stuff” in my car in a one-foot
area on my back seat! I did some
research the night before but that amounted to about a half hour of my
time.
A friend of mine, James Jones, mention this technique to
me about three months ago. I tried
out the technique and made a few dollars with it. Not a lot but it didn’t take very long and was easy and fun
“work”. Then I ran across some
information that fit right in with what he told me and “Bam” the first time
I tried it, I made $900 bucks. On this trip I never set foot in a storage
yard place of business.
I am going to
show you the technique that I learned from James and then show you how I
made the $900 bucks with some information that is not know by many people.
And of the people that know about this bit of information most do not know
about James’ technique. The two
together are powerful and can make you a lot of money.
Here is the
technique that James told me about.
It is buying from storage units that are being auction off for
non-payment of the storage fees. BUT, that is not the best way to use the
information I am about to give you.
I will reveal all a little later in this report. You won’t have to put up the kind of
money you might when buying a complete storage unit. If fact, I made that $900 bucks, for a
grand total investment of $10.00.
What James does
and told me to do is go to auctions of storage units in my local area and
buy items that I can resell for a profit.
I tried this a couple of times and got some great buys for my self
and for resale. On one sale I had
to buy the entire unit, everything that was in the unit, is the way this
sale was conducted. I had to get a
truck to move all of the items and I had to do it that day! That was not fun, but I learnt a
valuable lesson with that purchase.
It was the roadmap to a new way of making money for me that you can
do in your own area.
In the
following report I will walk you through what I did and how I did it to
come up with this moneymaking idea.
This will do two things. 1. It will show you how to make money the
same way I did. And 2. It will show
you how you will come up with ideas of your own to make money by getting
out and trying different ideas.
When you least expect it an idea will just jump up and grab you and
will probably have nothing or very little to do with the task you set out
to do.
My program has nothing to do with buying from
storage units. But I want to tell
you the whole story and it was at a storage unit sale that I “found” this
idea.
James Jones has
a report out about buying items from storage unit sales in your area and
selling them on Ebay. The report
gives you a lot of great information on how to go about buying the right
merchandise. Also tips on what to
buy and what to watch out for when bidding on the items for sale.
The whole
concept is this. Storage rental
places rent the units to people that need storage space. If they do not pay their bill the rental
place auctions off the contents to recover their loss of rental fees. There are many reasons why people don’t
pay their storage fees like they may have passed away, got a divorce, have
money problems, etc.
Some of the
storage businesses sell the items in the units in piece lots or table
lots. What this means is that they
put a number of items on a table and you bid on all of them as one lot. You have to take the good with the
bad. The larger items are auction
off separately.
Other rental
businesses auction off the whole unit.
That means you have to bid on everything in the unit as one
lot. Again you have to take the
good with the bad. And in most
cases you do not get to open boxes or drawers to see what is inside of
these. You are bidding blind and
have to remove all of the items from the unit right after the bidding. Some places will give you to the end of
the day but it must be “broom clean” in a short period of time.
By only being
able to see the items in the unit from outside the door of the unit you
have to be careful when bidding or you could wind up with a bunch of junk
that you have to take to the dump.
On the same
hand you could wind up with some real valuable treasures. It is a crapshoot, but there are ways to
tell if the stuff inside the boxes has a good chance of being items that
will sell well for you. One way is
to look at the boxes and see if they are good sturdy boxes and
labeled. If they are bought boxes,
the kind you have to pay money for, and are labeled, you can be pretty sure
that the items inside are in good shape.
Anybody that is going to spend money on boxes and take the time to
label them thinks highly of the items they are putting inside.
As I said this is a crapshoot and I am going to
tell you a way to make money without the crapshoot or the work of selling
all those different items on Ebay.
In fact you do not have to go to any auctions to run my program. You can find my items at retail stores
and offer the items to other retail stores and still make 10 times your
investment.
On with the
rest of the story. One day I was at
a rental auction that had you bid on the whole contents of the unit. I saw a mountain bike and a go-kart that
I thought I would like to have. I
place a bid of $300.00 in my mind as the highest price I would pay. I won the unit for $260.00. I was pulling out the boxes and I was
curious as to what was in them so I started to open them right there on the
tail gate of my truck. One had a
bunch of books in it and since me and my wife are avid readers I started to
look through the books.
At that time
this guy came up to me and asked if I was going to keep the books or would
I like to sell them to him. I saw
this same guy at another auction a few weeks before and he was buying books
off of another person that had won a unit.
This made me wonder what he was up to. After talking with him for a while he spilled the beans. And NOW I am going to spill the beans to
you.
I have heard of
people buying used books and selling them for a profit. In fact I tried that at half.com a while
back. I didn’t know what I was
doing but still made some money. I
sold a lot of the books I had in my own collection and then bought books at
yard sales and sold them. I did a
little research on buying books and selling them but not enough, as I was
to find out from this stranger at this auction.
When I
researched selling used books I found out that school textbooks sold well
and for a decent price. I found out
that how-to books sold well. I
found out that old books sold well.
But nowhere did anyone tell me exactly what books to buy that can
return 10 times the price I paid and some time more. And that there were so many of them at
prices you will not believe. I
didn’t get this knowledge until this stranger showed me the way.
He drove a hard
bargain by saying he would show me how he made 10 times his investment on
every purchase of books he made if I would give him the box of books I just
bought from the storage unit. Well
he had my interest because I am always on the look out for ways to make
money. And I was not planning on
selling these books; I was interested in them for my own personal use. So I
said OK.
These books
were in a sturdy store bought box and labeled “my book collection”. They were mostly hard cover books with
the dust covers still on and looked like they were in great shape. After I agreed to the deal he took out a
couple of books and show me the value in them.
He opened the
first book to the title page and turned the page. On the back of the title page is the information about the
copyright and ISBN number and a lot of other information none of us look
at. On this page in the first book
he opened it said “first edition” with a bunch of numbers like so: 1 2 3 4
5 6 7 8 He told me that not all
books are labeled with the words “first edition” but all the books have
these numbers. If the number 1 is
there the book is a first edition.
If the numbers start with any other number then one then it is not a
first edition. For the 2nd
edition the numbers would look like this: 2 3 4 5 6 7 8.
Each time the
book is put out again a number is dropped from the sequence. So the forth edition would be like this:
4 5 6 7 8
I just grabbed
a couple of the books that I have bought recently and have scanned in the
back of the title pages to show you the difference.
 
As you can see
on the book above the numbers start with one. This book also says first edition. Now I always knew that an old book that was a first edition
was valuable but not a recent book.
This book was printed in 1991 so it is only 14 years old. I went to www.abebooks.com and looked up this
book. It is being sold for more
then $32 dollars. So if I put this
book on Ebay I know I should get about $15 for it. I bought this book for 50 cents at a
yard sale so I will get 30 times my money.
But there is a faster way to get a profit on this book even if I get
less because it is more important to me to turn these books fast, then to
get every dime I can, but takes longer.
I will show you how to turn these books fast and still make 10 times
your money.
Here is another
book from my shelf to show you what a NON first edition looks like.
 
As you see
above this book is a forth edition.
When I go to Abebooks.com I find the following:
 
When the price
popped up on this book I thought even though it is not a first edition it
is worth money. Then I saw the text
that said this price is for a first edition, first printing. See where the arrow is pointing? A run of the mill book like fourth
edition that I have is not worth much.
The book I have
was printed in 2004 and IF it was a first edition then it would be worth
about 19.00. Since mine is a forth
edition it is worthless. I might
get 50 cents for it at a yard sale.
Now you see why
it is important to buy only first editions. They are the books that are worth money. Some are worth big money. I picked up a book at a used books store
that was worth $200.00 and was selling for $10.00. Most of the books you find in used books
stores are priced right. The owners
know the value of a first edition and price it so. But sometimes they missed price some of
the books and you can get a valuable book for peanuts. It just goes to show that you can pick
up bargain books even from the pros.
You might be
saying OK, I understand that first editions are worth more then other
editions but how do I know what books to buy that will bring in the big
bucks? Good question. I will give you some tips on what kind
of books to buy and as you do your own buying and research you will get to
know what you should buy and what you should pass up.
When you first
start a good rule to follow is if it is going to cost more then 50 cents or
so then leave the book on the shelf, without drawing to much attention to
it, and go to your computer and look it up at abebooks.com. This way you will know what the going
price is. After you do this for a
while you will start to get a feel for what is worth big bucks and what is
just a $5 or $10 dollar book. Don’t
get me wrong you can still make a few bucks off of the $5 and $10 dollar
books you just have to sell more to make any decent money.
Here are some
general categories of books that have a high resale value.
Old books
How-to books
Craft books
Hobby books
Textbooks
Architecture
& Design
Art &
Photography
Biography &
Memoir
Books on
Collecting
Business &
Econ.
Computers &
Internet
Cooking, Food,
Wine
Family,
Relationship
Health &
Fitness
History
Hobbies &
Crafts
Home &
Garden
Humor
Law &
Government
Medicine
Military &
War
Outdoor, Nature
Paranormal,
Meta.
Performing Arts
Pet, Animal
Care
Philosophy
Psychology
Reference
Religion
Science &
Tech
Self-Help
Social Sciences
Sports,
Recreation
Teaching,
Education
Transportation
Travel,
Geography, Exploration
Any kind of
book where the people that get involved in it have a passion for that
subject. Remember to only buy first
editions.
Where to buy books
Yard
Sales—Just go to yard
sales that have books for sales and browse the title pages. To be able to find the yard sales in
your area that has books for sale go to your local newspaper that lists the
yard sales in the classified ads.
Use the search function to find books. That will bring up all the yards sales that list books. Also I have called the ads in the paper
and asked if they would have book for sale at the yard sale.
Storage
Sales---don’t bid on the whole unit. Do like the stranger I met does. Let other people buy the unit and then
ask if they want to sell just the books.
Used
books stores---These
are professionals. They know the
price a book should sell at. But
they make mistakes and overlook books all the time. Some hire college kids to tend the store
and they will rush through a shipment and miss some good books on
price. These are the kind you want
to find. I bet, from what I have
seen in my area, that you can walk into any used bookstore and find some
great buys. The only bookstores I
would stay away from are the ones that deal in rare books. These owners are too sharp and it is
hard to find a bargain. I will
show you how to use these types of bookstores in the “selling” section.
Book
fairs---These are the book sale run by
organizations like the boy scouts, girl scouts, Elks club, Moose club, etc.
At most of these sales, the members donate the books, and you will find
some great buys. Most of the
members do not know the value of the books they have and the prices are
real bargains.
Library
sales---These are the
pros. They know what the books
should go for but a lot of times they price them to sell so they can make
room for the newer book they will be getting. I have found a number of good bargains at these sales.
Estate
sales (This is a great
source) The richer the estate the
better the books. The only draw
back is the pro buyers attend these auctions. If you have a number of pros in your area you will be hard
pressed to get the lots at a good price.
But again some books are overlooked. I found one book that was placed in an out of the way area at
an estate sale and I sold it that same day for $125.00.
I am going to
give you a web site where you can get a lot more information about buying
the right books. By visiting this
site you will learn a lot of the ins and out of buying the right
books. That is when you make your
money not when you sell. If you buy
right then you will make money. If
you buy wrong you will lose money or just break even. Before doing any buying go to this site.
http://www.auctionbytes.com/cab/abu/y201/m06/abu0039/s05
http://www.auctionbytes.com/cab/abu/y201/m07/abu0041/s05
I am not an
affiliate of this site. It is just
good reading if you plan on buying and selling books.
Selling your books
Ebay.com---
Half.com----
Selling books
on the above two sites is a good business but I find it is now too
competitive. I look for sites to
sell my books that are targeted to the buyers of the subject of the
book. Just go to your favorite
search engine and type in a word that describes the book along with the
word “books for sale”. So if I had
a fishing book I would type in “fishing books for sale.” A craft book would be “craft books for
sale”. Etc.
This will bring
up sites that have books on that subject for sale. Just find how to summit your book and
put it up for sale. You know the
going price from abebooks.com so you will price it right.
Local Book stores
I like to sell
to local bookstores. There are two
kinds of stores that will buy my books and they may pay in different ways.
The first is
the rare bookstore. These stores
specialize in rare books and finding out of print books for customers. They are always on the look out for any
rare book. Now there are two
meanings for rare. One is the old
books that are hard to find. The
other rare book is the book on a special topic. This can be a newer first edition book or an older book that
is out of print. The newer “rare
books” sell well in these special subjects because the people that are
looking for this type of book are collectors on that subject. They are passionate about the subject
and buy almost anything to do with that subject. These are the kinds of books you will be finding to sell.
Each bookstore
will buy in one of two ways. They
will either pay you cash or they will give store credit. Both ways are good and you should locate
stores of each type. The store that
gives credit, you just use the credit to buy better books that you can sell
to the cash stores. And of course
the cash stores are your bread and butter.
You won’t get as much as if you sold the books online to the retail
customer but you can turn a lot of books into cash profits quickly.
To summarize,
here are the steps to follow that will start you in this business for less
then $10.00.
- Take 10.00 and go to some yard
sales or a book fair if one is running. Buy only books that are on a special subject from the
list above. And only buy
“first editions”.
- At yard sales and book fairs you
can get most of the books for 10 cents to 50 cents. Only pay 50 cents if your gut
feeling is the book will sell for 20 dollars or more.
- Bring your supply home and check
the prices on abebooks.com
- As you check the prices make up a
list of the authors, subjects and titles of the high price books.
- As this list grows you will see a
trend. It might be a certain
author’s books is always getting top dollar or a certain subject
demands top dollar.
- Sell all your books from this first
batch Online so you can get top dollar. Use Ebay and Half.com and you will build some
capital. If you got lucky with
this first batch and got top dollar books you will turn your $10.00
into $100.00 or more. If you
get less don’t worry because you are building a list of books that
will bring top dollar in the future.
At the same time you will at least triple your money.
- Now take the money your earned on
this first effort and buy some more books.
- Repeat until you have enough money
to buy some real classics that will bring in the big bucks. By this
time you will know what authors, titles, and subjects fetch the most
money.
- Now start looking in used
bookstores and estate sales for the big money books. You can still use the yard sales
and fairs to increase your capital.
Make a list of stores that pay cash and which stores pay by
credit. You can use these
stores to turn your book quickly so you have the cash to buy more
books.
- Repeat.
You now know
what to look for and where to buy and sell. It is just a matter of taking a couple of hours a week and
put it into practice. I spent
$100.00 the first day I tried this and made a gross amount of $923.00. That is a profit of $823.00. But I did a lot of research and I had a
jump start on you because I had sold books for a profit before.
If you have
limited capital don’t risk it by buying books for $10 or $20 because if you
fail you will be out of business until you can build some more
capital. Just take your time and
build slowly.
Good luck and
great success.
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