When you start buying at auctions you will buy the things you want , and need. After a little time spent at auctions you will find better, and better deals. Say you buy a 27 inch color TV for $75.00. After two weeks you find a 46 inch color TV for $150.00. You know you can sell the 27 inch TV for $150.00. So why not move up to the 46 incher. The same reasoning applies with any thing you buy. The trick is to know how much value to place on an item. Read your local newspapers classified ads. Every thing under the sun is for sale in the classified ads. This gives you a good starting place to know what an item will sell for. After a little buying , and selling. Every time you look at an item at an auction. You will put two prices on it. One what you will pay , and two what you can sell it for .
This makes even better sense when you buy things in lots . The price per piece is always much lower when you buy several of the same item. . Say you need a computer to keep track of all the things you are buying , and selling. A lot of 5 computers is offered . Your bid is successful at $ 125.00 each.
Keep one , and sell the rest for $ 250.00 each. A nice profit and a free Computer. How sweet it is .
