Archive for April, 2010

Through the years as I’ve gained more and more investment experience and knowledge, one thing hasn’t changed. I always wanted a fast investment return on whatever venture I’m involved in. One of the fastest and must successful investments I’ve made has been investing in the car buying and reselling industry.

When I first started out investing in cars, I went to an auction and bought a car that had been repossessed by a bank. I spent a little over $500 and, without doing any repairs at all, was able to sell it days later for over $1,000. I knew immediately that I was on to something good.

My next step was to buy several more cars at auction. When I had similar results, it was only a matter of a few weeks before I had over a dozen of cars in my inventory. As my business progressed I started looking at bigger ways to get cars on the cheap and enjoy my fast investment return. While visiting a city that has a very efficient public transportation system and very little parking, I noticed that there were a ton of people selling their cars there. The cars were very cheap compared to other cities, as there were so many trying to sell and few trying to buy.

A few weeks later I was able to return and buy up dozens of cars for much cheaper than they were worth. I shipped them home and made a ton of profit. This is a great example of how a small investment can build and build into a lucrative business venture.

By: Hans Betrell

About the Author:

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