Where Antiques Originate and How You Can Find Them

It’s important to understand where antiques originate. Many antique buyers make the mistake of mis-understanding the process by which antique items are found.  Many collectors and dealers waste valuable time searching in places where they believe that these items are in great abundance.  But a true understanding of where antiques originate seems to have eluded many well meaning antique dealers and collectors.

It’s elementary Watson

If you want to find fresh-to-the-market antiques and collectibles,  you need to go where they are in great abundance, and where they originate!  Antiques do not orginate at auctions, or at flea markets, or at antique shows.  Antiques originate in people’s homes.  This is a fundamental truth for 99% of all antiques that you will ever see.

Another truth that many people overlook.

The other simple fact, is that most antiques that you are most likely to get a great deal on reside in the homes of people who are older.  Young people do not, as a general rule have antiques in the abundance that older people do.  Why?  Because older people came from a generation that saved everything, and you will find that a majority of the time they have kept it all!  From the 1950′s toys in the closet to the old toaster that was just too good to throw away,  older folks still have most of everything they ever owned. You can see also victorian corner sofa beds

Where will you spend your “prime-time?”

Knowing these two fundamental truths about where antiques originate,  begs a big question.  Knowing that antiques originate in people’s homes, and that antiques are most likely to reside in older people’s homes, where will you be attempting to spend a majority of your prime time?  It tooks me years to understand the following principles.

1.  To buy more fresh antiques you have to see more antiques and see also corner sofa

2.  To see more antiques, you must look at more household accumulations on a consistant basis.

3.  To accomplish this, you simply must get into more people’s homes where the antiques originate.

Knowing and understanding these principles will put you light years ahead of your competition!  Believe me,  I know antique dealers and collectors, and most of them find their antiques through one of only 5 methods.  They find them through garage / estate sales, auctions, “goodwill” type stores,  flea markets and “pickers”.

Knowing and understand the above principles will help you to focus on where you will find the most antiques…in people’s homes.

If you want to be incredibly successful,  you have to go where the antiques originate.  It’s time to focus on that and only that!  That focus will take you farther than you ever thought possible!

Is Real Estate Investing Good In This Economy?

As an investor who owns property in three states, this question comes to me at least weekly by would-be real estate investors. They keep hearing people like Warren Buffet say, “when the weak get scared, be bold” or “when everyone one else is selling, it is time to buy”. I tell them that these words are the very words I live by! I am a real estate investor, full-time. I buy and sell property in my home state of PA and some nationally. I own land in Florida, rental property in CA and PA where I live with my wife of 35 years. We bought our first 4 unit apartment building in National City, CA. back in 1976, when rents for studios and 1 BR apartments were about $150 a month. That property appreciated so fast, we sold it a year later and made a whopping $20k! Those were the days of real appreciation that could be nudged further with “sweat-equity”.

But what about today in early 2011″ Where we are witnessing record foreclosures, record bankruptcies and people scared to death to spend money which is further depressing the economy. I’m not to politicize this except to say that the government-run entities called Freddie and Fannie for short, are the entire cause of the housing issues we have today. Their influence spans presidencies and spans multiple house and senate majorities. There is no “party” to blame but there is a government to blame. It was the insistence these institutions that banks take too much risk by making loans to people base don a breath test. If they could breathe, they were approved!

Now most of those sub-prime loans (as they are called for good reason) are in default. People that bite off more than they can chew are also to blame. Okay, so now I’ll get off my soap box and get back to the topic at hand. The real question is can a newbie real estate investor make money in these economic times. The short answer is definitely “YES”. Anyone with a computer, cell phone, a quiet place at home for a small office and half a brain can follow a proven system and make plenty of money in the real estate industry in this down market. I’m not hear to teach how to do this because there is enough course out there for any one to choose from – just be sure to do your homework on the “guru” you choose to follow because there are also many that are no investing themselves because they are so successful selling their info products on how to invest… I do have some favorites that my web site can tell you about but I’m not promoting them in this article.

This is a list of the types of profitable real estate investing available in this marketplace. It’s not all-inclusive as there are always other niches within markets. Investing with properties comes in two primary flavors. The first is the investor that buys a great deal, holds on to it by renting it out and sells it years later for a big profit. The other is the wholesale market where an investor buys a property today and sells that property today or tomorrow at the latest. The first investor needs access to a ton of cash to continue buying more properties to hold but the second needs no cash at all. “WHAT?”, you say, “no cash at all?”. Yes, no cash at all is needed to wholesale properties.

Let me explain how this works for those of you interested in becoming an investor. By the way I partner with these folks all the time to help them do their first few deals and we evenly split the profits and guess what I don’t charge a dime for this. I just am very choosy with whom I partner.

Before I explain the wholesale investing let me say that between the buy and hold and wholesale investor, there are myriad ways of investing in real estate. These two ways are the two ends of the spectrum. Let me also say that buying a house for you to live in is NOT an investment in real estate and should NEVER be looked at as such. Some have promoted looking at your own house as an investment has also be part of the cause of the bubble bursting. You can disagree with me but you can’t deny the fact the if people were buying their own house just for their comfort and living they would never think f walking away from it just because it’s worth less than they own on it.

Okay, so wholesaling is a great way for a beginner to get started in investing. I’m going to explain how it works and not how to do it. How to do it is the subject of another article. Marketing is the key to success in any business venture. Starting a new business in investing requires some capital. Not a lot, but some. You will have expenses for phone, advertising, business cards, website, etc. So if you are completely broke, then the best you can hope for is to be a “bird-dog for me or some other investor and get paid a referral fee. Save your referral fees and then start your investing business later.

With wholesaling you market to people who need to sell. You’ve no doubt heard of the motivated seller. The motivation behind the “want” to sell is very important. Those people contact you and you make a reasonable offer to them base don their motivation. They accept the deal and you sign a one page agreement of sale for the property. Then you re-sell the property for about $5000 to $10000 more than you are contracted to buy it for. You resell it to investors like me or others looking for a great deal (because you just made a great deal). But instead of you actually buying the property, you assign your contract to the investor for an assignment fee. The investor fulfills the buyer commitments as you presented them to the seller originally. You can easily do two deals a month or more even part-time.

Don’t take my word for it, just Google real estate investing or even Google my full name and see how many investors are out there it’s staggering. The reason is that we buy property when everyone else is selling property. We are bold now because most are weak now.

If you are in investor looking to buy properties for wholesale, be sure to sign up as a buyer on my list below. If you are interested in being a bird dog or want to partner on some deals to get your feet wet, Google my name and contact em on my website or by phone.

Websites As an Investment – Website Flipping Explained

When the global financial markets melted-down a few years ago many individuals not only lost a significant amount of their saving but also lost their income streams that they had become dependent upon. It was not uncommon to earn a 8% to 10% per year return on investments before the melt-down, now investors are lucky to make a 2% to 3% return through common investment plans and CDs. Because of this drop in returns investors have been looking for alternative, but still relatively safe, smaller investments that offer higher returns and without having to risk large amounts of capital.

Enter the website flipping industry….

Savy investors have figured out that they can purchase an existing, established website that is generating consistent and safe monthly revenues for sometimes less than 8 months income. Usually it’s more like an 18 to 24 months income, but it’s still a massive improvement over current income and the required investment amounts are not significant.

As an example, if a website is generating $500 per month in profit, and they can purchase it for a one time investment of $4000 they recover their full investment in 8 months. If the website remains successful for 24 months (two years) they have trippled their investment – and still own the website! If they wish, they can then resell the same website that has been producung revenues for the last two years probably for more than their initial investment. Not a bad deal.

The problem is that big money investors do not want to worry with a $4000 investment so it is up to the small to medium size investors to make the purchases. If there where a method to bundle website portfolios into multi-million dollar packages than there would be an opportunity for the big Wall Street funds to get involved. For now, the market has not evolved to that point yet. Most income websites for now are sold at one of the online auction sites. As investors have started to gain knowledge of the business model competition has gotten pretty extreme, with some websites selling for as much as 3 years earnings. This has created a significant demand for more websites, which is likely why you are reading this article.

A website flipping business can be one of the most profitable online businesses available today. The cost of entry is minimal and the rewards are very high if you build high quality websites, rank them well in the search engines, and find the right advertisers.

There are several ways to get involved and your participation will depend on your individual skill sets.

One option is to simply be a broker. You find an undervalued website, compile the necessary records for traffic and income, create a compelling model for increasing the websites value, and sell it for significantly more than you purchased it for, often the same day.

Another option is to build websites from scratch. This can take several months and may require you to learn some website building skills.

A final option would be to purchase a neglected website and spend a few weeks or months tuning it up with search engine optimization, building inbound links, creating quality content, and finding the best advertisers. This is faster than building from scratch and less risky, but the profits might be lower.

How do you get started?

If you are building from scratch you will need to start with a good domain name (do some searches for available domains in the niche you want a website for) and a web hosting account – a reseller account would be best because it will allow you to host several websites for one fee.

Once you have a domain and hosting account, you can set up an instant website (WordPress is the most popular and easiers to use) and start adding content. Be careful to only use your own unique content. If you use recycled or public articles your website wont rank very well and buyers pay a premium for unique content.

Read up on search engine optimization and put it to work on your website. You then can make an effort to promote the website by building links from other websites.

Find an affiliate program or advertising network for your site and get the ads installed as soon as you can. Remember, every dollar you make this month in advertising can add $20 to your sale price.

If you are looking to rebuild broken websites you will follow most of this same process, with the exception that you will already have a domain name and initial content for the website. It is likely that you will need to add significantly more content to make the website a good value and attract traffic.

If you just want to be a broker you dont really even need a website. You can start today by visiting a few of the auction or “website for sale” portals, making a list of what you think that you can sell and start your marketing. You can purchase the website after you are certain you have at least one buyer and minimize the risk.

The main thing is to stick with it even if you don’t start out with a huge win. It takes time to learn any business. Do research, visit the forums, check prices everywhere, see what sold, see what didn’t sell, etc. Website flipping is a really fun business and it can be very rewarding.