I MAKE BIG PROFITS BUYING AND SELLING USED FURNITURE
Find furniture bargains at farm auctions and resell them at flea markets.
"Why put your money in the bank and draw earnings of only
5% or 6% per year," asks Kevin D. Grothe of Minneapolis,
Minnesota, "when you can invest that same money in
'antiques' and earn a return of 200% or 300% or so per
week? " Here's Kevin with all the details.
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One day the summer before last, I drove out to a farm
auction and spent $7.50 for an old oak armchair, $12 for an
oak rocker, and $10 for a chest of drawers. The very next
day, I rented a space at the local flea market and easily
resold the three pieces of furniture for $120.
On a recent Saturday morning with nothing better to do, I
went out looking for bargains at local garage sales. At one
sale, I offered to pay $1.00 each for three dresser drawers
(sans dresser) that had fancy brass pulls. I later removed
the six brass handles, stored the drawers away for some
future use, and sold the pulls to an antique dealer for
$20.
At another auction, a final bid of $55 got me a round oak
table that needed some fixing up. After six or eight
pleasurable hours of refinishing, I was able to sell the
handsome table right off my own front porch for a tidy
$150.
I could go on and on ... but I think you get the picture. I
buy and sell "previously owned" pieces of furniture for
profit ... sometimes big profit. I work strictly in my
spare time. And, in case you think my success in the
used-furniture biz is unique, it's not: Others have made
(and are now making) money this way, too, and so can you
... providing, of course, you don't mind setting your own
hours and determining (to a large extent) your own wages!
SMALL INVESTMENT, BIG PAYOFF
As you've probably noticed (what with the sudden
proliferation of antique shops across the U.S.), antique
furniture is quite popular these days. (This goes for most
any kind of old, wooden furniture, whether it's truly
antique — that is, more than 100 years old
— or not.) You don't need to open a retail
store, however, to cash in on the present popularity of
"antiques". In fact, you don't even need a several
hundred-dollar bankroll to get started in the
used-furniture biz. With as little as $50 (or less, in some
cases) you can head for an auction and come back with
enough salable merchandise to repay your initial investment
several times over.
Before you decide to plunge headlong into the furniture
recycling business, however, I'd like to pass along three
pieces of advice based on my experience as a successful
buyer and seller of household goods:
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