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Flipping Houses: Turning a Wreck into a Gem


About Me

Flipping Houses: Turning a Wreck into a Gem

Five years ago, I decided to start my own side business. Along with keeping my job as a construction worker, I decided to use my savings to purchase an older residence. The plan was to fix up the place and then sell it at a profit. It didn't take me long to figure out that while my side business would take up most of my free time, it would make me a lot of money. Today, I still flip three or four houses a year. My strategy developed through trial and error, and I've learned how to evaluate the potential of a property first, then buy second. I know what must be done in the way of exterior painting, making the place secure, and ultimately finding the right buyer. If you are thinking about trying this kind of sideline, read on. What I've learned will help you a lot.

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Three Tips for Buying Great Artwork at Your Local Pawn Shop

If you are looking for great artwork to add to your home, consider shopping at your local pawn shop. Many people do not realize that pawn shops buy and sell artwork on a regular basis. If you need artwork for your home, use the following guide to learn a few tips for shopping for great artwork at your local pawn shop.

Take Measurements before You Leave Home

 Take the time to measure the space where you want a piece of artwork to be located in your home before you head to the shop. You want to make sure that you know exactly how large or small of a piece of artwork you are looking for so that you can measure the pieces that are available when you arrive. Artwork at a pawn shop can sell very quickly if it is a great piece, and having to leave to go take measurements of the space in your home could cause you to miss out on a piece of artwork that you really love.

Ask for Proof of Authentication

When buying a piece of artwork, you want to make sure that you ask to see some proof of authentication that the piece was in fact created by whichever artist the pawn shop is claiming the piece was created by. Most pawn shops will take the time to have every piece of artwork certified and authenticated to ensure that they can ask as much money for the piece as possible. If there is no authentication with the piece, you can ask to have it authenticated before agreeing to buy it.

Ask for Future Contact

If the pawn shop does not have the pieces that you are looking for that day, you can ask them to contact you as soon as new pieces arrive so that you can be one of the first people to see the pieces they have available. This can help you to get a jump on the best pieces of artwork and decorate your home in a stylish way without spending a fortune.

When you buy artwork from the pawn shop, don't be afraid to negotiate with the dealer. There are many times when the price that is posted on the artwork is not the lowest offer they will take. Understand that some artwork is very valuable and the pawn shop has to make a profit when selling it in order to stay in business. You may not be able to save thousands of dollars, but you could save a few hundred if you try to haggle. Find a pawn shop like West Covina Pawn in your area and visit them to see what they have to offer.