Showing posts with label deposit. Show all posts
Showing posts with label deposit. Show all posts

Monday, September 28, 2015

How to Sell on Half.com and Make Money (6 Steps)


Go to half.com and register. Half.com is owned by eBay.com. Ebay is an auction site while half.com is straight sales for a pre-set price. The buyer pays for shipping. They automatically get media mail (USPS.com) unless you allow them to request (and pay for) faster shipping. You have to mail the media shipping requests within 5 days of selling. If you don't have time to go to the post office daily do not offer faster shipping. If you do not have time to ship for periods of time you can suspend your sales with a 'vacation' button which stops your inventory from being shown. When you want to resume just click the 'back from vacation' button.
You have to register a debit or credit card with your login to prove you are an adult. You register your checking account number and routing so that half.com can automatically pay your earnings every month into your checking account. Half.com deducts their fee from your sales before the deposit. They have an accounting page for you to view that states how much the book sold for, minus their fee, plus the shipping fee and gives a total. They sell only for the price you set. The next step shows you how this works.
To list a book, video or tape: type the name of the book in the search box at the top of the page. It will take you to the others of that book that are for sale. Make sure you select the correct format (cd or book, hard or soft cover). Look at the prices and conditions others have listed. To sell yours look in the upper right corner of the screen and find SELL YOUR STUFF and click. When you are doing your listing there is a link to click telling you the condition rules. For instance, 'Like new' good enough to give for a gift. 'Acceptable' some damage but all pages intact. There is a comments section where you can write the exact condition of your book such as 'slight water damage to cover'. There is a box to click down for book conditions.
The last step is a section that shows the range of what others are selling the book for and how much the average sell price is AND how much the last one sold for. Do not over price your book or you won't sell it. Then you click submit.
It takes about 15 minutes for your listing to show up so be patient and don't list it twice unless you have two copies. There is a MANAGE YOUR INVENTORY tab on the right hand side of the screen. In this section you can delete, suspend, or edit your listing. Look over the tabs at the top and bottom. You can edit prices and then hit submit. If you don't have the book anymore delete it.
Leave feedback for those who buy so they will leave feedback for you. This will give your buyers more confidence. Feedback shows up as the number next to your login name such as BOOKSELLER(73) means bookseller has had 73 positive feedback ratings. If you click on the 73 it will show you the comments everyone left. It will also show if there were negatives. There usually is a few but if it is more than 5% negatives that seller is doing something wrong. Good luck and happy selling. Write with questions and I will try to help you.
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Tuesday, September 15, 2015

How to Make Money in Real Estate Using Sandwich Lease Options


Identify attractive properties in nice, stable neighborhoods that are likely to appreciate in value over the next few years. Hire an attorney to write a lease option that is legally sufficient and enforceable. The option is only binding on the optionor (the homeowner) and must state the term of the contract, the future sales price and the amount of the nonrefundable option deposit. Locate future possible tenants.
Rent a property with an option to buy. A long-term lease of one to five years has more potential for profit. Make sure if you decide to exercise the option that you can purchase the property anytime during the term of the contract, and that the option deposit is applied to a future down payment. Make it clear to the landlord that you intend to sublease the property.
Find a tenant who also wants to rent with an option to buy. This sublease term can't be longer than your lease term. Ideally, the tenant will be able to obtain a mortgage loan before the option to buy expires, so check her credit report to make sure that is possible. Your tenant's option deposit, monthly rent and future purchase price must all be higher than what you're paying in order to maximize your potential profit.
Collect your profits. If your tenant decides to buy, then you exercise your option with an earlier closing date than the tenant's closing. In this case you've made money on the monthly rent and the purchase price. If the tenant decides not to buy, you've made money on the monthly rent and the nonrefundable option deposit, and you can let your own option expire, renew it and repeat the scenario with another tenant, buy the property or walk away. Any way you do it, you've made a profit.
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Tuesday, September 8, 2015

How to Make a Money Transaction Over the Internet


Navigate to the Paypal Website. Click 'Sign Up' to create a Paypal account.
Verify your new Paypal account. After creating an account, you will be asked to verify your bank information by reporting a Paypal deposit in your account (usually 2 to 4 cents).
Click on send money. Once your account is verified, you can make a money transaction with anyone else who also has a Paypal account.
Enter the email address or phone number of the person who is to receive your payment. If you send money to an email address or phone number of someone without a Paypal account, he will be prompted to easily create one.
Enter the amount and payment information. You can pay using funds from your bank account, credit card or Paypal account balance. After confirming the amount, click send money to finish the transaction. Paypal will email you a receipt.
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