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 Photo by Jose Alonso @ unsplash.com If you're thinking about getting into the rental arbitrage business, you should be aware of both the advantages and disadvantages of the practice. Rental arbitrage is the process of locating undervalued properties, usually foreclosures or short sales, and then renting them out at a higher price point. While successful rental arbitrage can result in significant financial rewards, there are also risks that should not be overlooked. Reasons it works as a profitable business model: 1. Rental properties are always in demand. 2. Since you don't have to purchase the dwelling or property, you don't need much money to start. 3. Relatively Low-Maintenance. The risks: 1. The actual owner must not have "claused" out this option to "sub-let" the unit. 2. Wear and tear, emergency repairs may be up to the owner or property management company to contend with, so you want to make sure the unit and building are already well cared for a...

  Making Money Online  The three ways to make money online are : Sell your own products/services/time online (online store)  Sell someone else's products and services for commission Buy or acquire re-sellable items for profit (flipping) There is a lot of traffic and advice in this area, and for what it's worth there are some very knowledgeable people out there sharing great insights and a lot of people out there making themselves important in order to sell you advice. The best books available, while not written for this age of online business, still has timeless wisdom that translates because it's about people. The bottom line in online business is transparency. Online business people need to be obvious about their intentions because no one will give you their trust online, the stakes are too high and accountability is too, low. A free way to get started. Free EBook Sign Up Blog Post  Learn how to find your niche and best audience. Learn how to navigate the rules and...

  Flipping Anything is Art and Science What you probably already know. Researching the actual value of the item you are buying is essential research.  How to find out what you need to know. 1. How much does this item sell for retail brand new? 2. How popular is my item? 3. How inexpensively can I acquire this item used? 4. How much can I sell this item for refurbished? The final question to answer which will vary while the first four questions will not is how much do I need to spend to acquire and improve in order to sell for maximum price?  If you can answer these 5 questions and still see a profit, you are golden to proceed. How To Acquire The Cars? This is where the buyer has loads of options. Literally any marketplace in your area will have an auto sales listing.  Online, Facebook and Craigslist come to mind but, the PennySaver is still around and several other online classified ad publishers. Local listings in your newspaper or small dealerships are great real l...

  Flipping Cars - Auto Arbitrage Why should I flip cars? Great money and a fun hobby. The turn around is much faster than real estate, but there are just as many things to look out for. How do I know which cars to flip? Buying from the auctions is the best way to get a great deal on previously owned vehicles. Check out some great auctions databases in the links below. What should I know before I start? VIN Checks. Get the full history of the vehicle, so you won't overspend or have an angry customer on your hands.  Is it ok to buy damaged cars? Yes it is and some of the best profits come from purchasing cars that know the roughest roads, the important thing here is that you are making an informed decision. VIN Numbers - What they do. A VIN or Vehicle Identification Number resembles a government backed retirement number, UPC code, even a cryptocurrency address depending on what generation you belong to. It's given to a vehicle by its producer, and no two VINs are the same. The V...