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#3
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The 30 day window may the the most problematical in the equation. If you have $5,000 burning a hole in your pocket and you are looking to find something quickly to flip, most often that will work against you.
Best case scenario, you hold onto that 5 grand until the right deal comes along, and then you have it when you need it. Patience is the key. It's those time when you're NOT looking for something to flip, that something is more then likely to fall in your lap. Personally, I'd look more at memorabilia and vintage photos, more then cards. More room to move. Not as liquid but more flexible in pricing. Better long term flip IMO. Then again if you're looking at the short term, it could end up biting you in the ass. |
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