Over the years, I have purchased some of the most amazing items that were used.
A few years ago I purchased an entire house full of furniture for $2,000. It costs $500 to have everything moved. I decided to put the furniture into a two-family that I owned. The apartment was renting for $800 per month at the time, but after it was furnished the apartment rented for $1,250. You do the math.
Since there were these kinds of opportunities on places like Craig’s List, I decided to furnish most of the apartments that we own. The cash flow on our units has changed dramatically.
Have you had any similar experiences buying used?
Check out this article with some great suggestions:
12 Things to Buy Used
By Cameron Huddleston, Kiplinger.com
