Where to source products & Example Products FBA & Where to Sell

1.Where to source products:

You can start by going to garage sales or swap-meets. For this you have to know some what the expected value will be and profit. You can also tap into the antique market or jewelry. Again you have to study to know what the item is worth. You might find a piece that you really score with. This could become your bread & butter. To source on the internet I recommend Aliexpress.com. This is a China manufacturing site and with some hunting you can find deals. The problem is shipping but a lot of times it is free and you can get discounts on orders as well.

2.Example Products FBA

FBA is Fulfilled by Amazon. Basically you buy the inventory ship it to Amazon, get SKus and necessary info, then Amazon sells the products on their site and fulfill the orders. Kind of like drop-shipping but with more steps and they sell the item on their site. If want to know more about FBA contact Amazon.com or google it. This is the basics for finding products for FBA -Selling price between $19-$45 -Amazon fees Usually $5 -Less than 2 lbs pay less shipping costs/small enough to fit is a shoebox Example Products: Bagel slicer, Beach blanket, Bicycle gel seat, Boat fender, Car duster, Messenger bag, Microfiber Beach Towel, Music Jewelry box, Orthotic insole, Sand Castle Kit, Shoulder tackle bag, Wallet with chain, Waterproof duffel bag

3.Where to Sell

Best Place to start selling is ebay.com Their website has improved immensely over the years. It is awesome. You have to create an ad with picture, headline & listing info. Make sure you take quality pictures and use a photo editor to make an effective presentation like Photoshop. Next you can make a store on Shopify.com This is a sales website set up for you. You have to promote the site and can use Bing Search Engine Optimization or make a page and/or post on Facebook. Craigslist.org is a local site to sell to your local area and means you meet your buyer face to face. This may be better for larger or fragile items. Etsy.com is the last sales site. Here you can sell jewelry or antique items.

Real Estate is a great way to make a lot of money in not a lot of time. Flips usually take at most half a year. If you do it right you can make $40,000 fairly easily. With real estate you make your money going in, or the price of purchase. If this post I will cover how to find houses to flip.

For Sale By Owner

The first way to find discount real estate is by driving your area looking for Signs in yards for sale by owner. Usually the House owner is a motivated seller and you can buy the house for a nice profitable price. The best motivated sellers are death in the family and divorce. Again you make your money by getting a house at a price that allows you to make improvements and still make a profit. When you are out for any reason be on the lookout for signs in yards. Have a pen and paper in your car to write down street info and a contact number. The price you can negotiate with any problems you see in your house inspection. You are looking for motivated sellers so you buy for a profitable price. You can set up a farm area by looking at maps and drive on the weekends.

Abandoned Houses

Be on the lookout for houses that no one lives in, because you may be able to buy the house. Look for piled up mail or a yard that hasn�t been taken care of. I have personally never bought a house this way but would purchase a house this way if the opportunity presented itself. If you find a house that fits the criteria knock on the door and if there is no one there write down the address. With the address check on Google to see if you can find a contact number or name. If you find a name but no phone you can try the online white pages. Again while searching your farm area on the weekend looking for For Sale By Owner signs look for abandoned houses.

Craigslist.org

Craigslist is a little like for sale by owner but it is online. Go to the website craigslist.org and type in your state and city you want to look at. Then click on the Houses for Sale link. Houses are displayed with the soonest listed first then later as you scroll down and look at the next page or pages. Look at every listing for your price range and look at any listing that seems promising and contact the owner if you are interested. There are also some Realtor listings but you are more on the lookout for sale by owner because you have a better chance at purchasing the house at a lower price.

Real Estate Websites

The thing about Real Estate websites is they do display Foreclosure properties but I am not going to cover that in this post. The first website is a Bank owned REO or Fannie Mae site called Homepath.com. These are discounted houses but it is hard to find houses in your local areas. Check this site every week or two in you farm area because you can find some great discounted houses on this site. Next is Auction.com. Type in your area and find houses. Like the URL says this is an auction website. There are online auctions and at site auctions. You do have to put up some money to bid on the online auction. This site does work to find profitable real estate. If you are serious you should check this site. The last sites are regular real estate sites. The first is Zillow.com. You type in your city and state to search. You can also set up listings to be emailed to you if there are any new home listings. Zillow is easy to use and there are a lot houses listed. Trulia.com is another site that may have some listings others don�t so check Trulia once a week. Remax.com is a very comprehensive site and like Zillow you can set up emails to you with new listings. I have found that this site has almost every MLS listing or realtor network listing.

Following these ways you can find a profitable house to flip. Whether it is online or a for sale by owner sign you found while out you can find great real estate deals. I think my favorite way is finding a sign in a yard that is For Sale by Owner while out. However all techniques can find excellent deals. So set up the emails on Zillow and Remax and make a farm area with a map to check on Sunday. The way to check a profitable house is to look at listing on Zillow to see Zestimate what Zillow thinks house is worth. The Zestimate is what Zillow thinks the house is worth. This is not always 100% correct but will give you a good idea and range for what you can sell the house for. Also you can check what similar houses sold for in the area. These are called comps or comparisons. Check on Zillow to see what comps sold for with similar number of bedrooms, bathrooms, and square footage of house. Also check the yard size. You should find abou 5-6 comps to get an idea or ball park figure what the house will sell for.