Posted on Business and Money / eBook By Lewis Zuluaga / DMCA

The Money Maker Of The 20 Century For You An Insider's Handbook

OVERVIEW OF GOVERNMENT AUCTIONSMost people are completely unaware of the bargains that can be found in the most unlikely of places: the government! We're used to reading about the Pentagon paying $59.00 for a wrench, about the national debt rising higher and higher, so it's excusable to not think of government and "sales" in the same sentence.Yet nearly every level of government from city and town...

File Size: 494 KB
Print Length: 85 pages
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Publisher:; AUCTION SALES BY The Gover edition (November 19, 2013)
Publication Date: November 19, 2013
Sold by: Amazon Digital Services LLC
Language: English
Text-to-Speech: ::::
Word Wise: Enabled
Lending: Not Enabled
Format: PDF Text djvu ebook

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on up through county, state and federal, has possession of excess property that must be disposed. If this can be accomplished and money raised at the same time, why not? We want government to be fiscally responsible, right?The most common methods of parting with this overage of property is through auction sales. These affairs offer a unique opportunity to the right person ‑‑ purchases at bargain basement prices that you can turn around and sell at a profit! The money to be made staggers the imagination.Whether it's property seized by police officers or customs officials to repossessions by the Department of Housing and Urban Development, there are thousands of items of all types available at rock‑bottom prices. Whether you're merely buying for yourself or seeing this as a line of business that could make you a substantial profit, the key is to identify and locate these auctions.You name it! Houses, cars, jewelry, yachts, farm Gov't equipment, computers, firewood, it's there for the bidding ‑‑ and the buying! And, eventually ‑‑ the selling for profit!You don't need much experience for this. You are familiar with what many of these items cost today on the open market. If you buy it far enough below market value, you can still sell the property yourself at a discount and make a handsome profit.If you yourself have always wanted to own a luxury yacht, here's your chance. You'll never find your dream purchase at a lower price.You could even start a second‑hand store or set up shop at a flea market or swap shop to peddle your merchandise after you've acquired it. Many of these places are havens for shoppers. You've simply gone them one better by obtaining the good(s) at an even lower price than they'll pay ‑‑ and be pleased with their "bargain".The purpose of our booklet is to point you in the right direction to find out about the various auctions that are held by virtually all branches of government. The listings in this book are as up to date as possible. Contacting these places listed should give you the information you need to begin your auction attendance.There are open‑bidding auctions where you shout out the dollar value you're willing to pay following a minimum bid requirement called by the auctioneer. There are also sealed‑ bid auctions where you submit the price you're willing to pay. You only get one shot at that type of bidding.Be careful with the open bid auctions. You can become so focused on a particular piece of property that you end up in a "bidding war" for it that ends up with you paying more than you should and cutting well into your eventual profit. Be disciplined! Set a dollar limit ahead of time so that you can let certain items go if the bidding goes too high. This is a business now, so common money sense is important. You must now think in terms of expenses vs. revenue.If you have a certain hobby or interest, property in this area may be your natural market. If you specialize, it can help you concentrate on only those items in the large auctions areas where there are hundreds of people bidding for thousands of goods. Your focus will be in your area and you'll soon be an expert on costs, prices and resale’s of this commodity.Auctions can be hyped up ‑‑ to the point of temptation to overbid. Don't do it! Remember your goal, your budget and your knowledge of what things cost and you'll do fine. Through the contacts listed in this booklet, you will findyourself on a regular mailing list of government auctions. Often, with the notice, you'll receive a catalogue.