Government auctions

Reading time – 2 minutes

TDLR –

This is something like alibaba, to add to your arsenal when you need to run a flipping hustle. Unlike Alibaba, these (except for one) are local and more flexible with small orders since you are not a business selling to customers, but a customer buying and reselling to another customer.

These are auctions ran by municipalities, local banks and pawn brokers. Since the items are usually seized as collateral to something else, they are not up for their actual value but the amount due and we make our money on the spread. A simple google search will put you in the right direction, here are a few broad ones:

The except for one was Liquidation!

See you next week!

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