Posted by Andy Martin on January 16, 2016 at 09:20:35 from (209.213.149.120):
In Reply to: Buying or Selling? posted by Spudm on January 16, 2016 at 06:47:23:
Of course it is easier to buy because if you really want something you are willing to pay a premium. It is harder to sell because even if you try to give something away people will think there is something wrong with it. I've only sold a little equipment because it's just as easy to keep it for parts.
The easy deals to buy and resell is real estate. You can be the successful bidder at a land auction and have people offer you a 10% premium right at the sale to resell. Maybe they were shy to bid, or weren't sure they could get financing. While you can't go crazy, I have never failed at buying land at auction and reselling. Often I have doubled my money by financing the sale. I find I can sell houses not fixed up or with minimal repairs.
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Today's Featured Article - Talk of the Town: The Saga of Grandpa's Tractor - by The following saga is from the Tractor Talk Discussion Forum. Someone. The saga starts with the following message: Hey guys I have a decision to make. I know what you all will probably suggest and it will probably agree with me way down inside, but here it is. I have a picture blown up and framed in my "tractor room" of a Farmall M. It was my Grandpa's tractor, of which whom I never got to meet. He froze to death getting this tractor out of the barn to pull a truck out of the ditch before I was born. Anyway my dad and aunt had to sell it at the auction,
... [Read Article]
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