There Is SO MUCH Money in Bad Photos

How much evidence do you guys need?

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Let's go with 6 items:

1. Just spoke to a guy that makes money buying coins with bad photos & flipping them for a 20-60+% profit. (more on him below)

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2. I used to scrape Zillow nationwide for stale, underpriced homes. Guess what? They all had bad photos. Probably a coincidence.

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3. The AirBnB founders only tasted success once they flew across the country, rented a DSLR and took professional listing photos THEMSELVES. Efficient? Nope? Effective? $90B market cap.

Now there's a whole program for it because it moves the needle that much.

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4. We routinely buy RVs for our RV parks and guess what? We only buy the ones with bad photos.

They are always on the market forever, which means the seller is more likely to take a lowball offer out of desperation.

(Also, hot tip, buy RVs in the winter and sell in the spring to profit big.)

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5. My old business partner made a whole company out of this:

Buy literally anything with bad photos and poor descriptions and resell the same thing on the same marketplace with, you guessed it, professional photos and good, funny descriptions.

That's it. That's the whole business.

Once you look at items for a while you get a good feel for their value.

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6. A guy at college would buy and flip musical instruments from random auction sites that had bad photos. Not eBay, only obscure auction sites.

Where to find bad photos? FB Marketplace and eBay.

E = MC2? Nah, bro. Weed-eater + bad photo = profit.

Buy on a small marketplace with poor photos and sell on a large marketplace with great photos.

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Back to the coin guy, here's a copy/paste from his email, shared with permission:

Dealers get their coins from people looking to sell their coins, usually through an estate liquidation. This is how they get coins for 50%-70% of book price.

I asked myself how do I beat these guys to the punch and create my own outline or is there another route they aren't looking at?

What I discovered is there are a ton of online auctions that sell coins, eBay being the biggest and where the market is really made, so that is where I need to sell my coins.

To source my coins I went to the smaller online auctions. There's still a good amount of competition there but functionally the seller (an auction house) varies greatly in quality of photos and descriptions.

So if I was willing to scrape through these smaller auction sites from smaller auction houses I could find coins for 50-70% of book value.

So that fundamentally is how I make my money.

I take risk on poor photos or coins that are misidentified/mis-graded. If you know coins there's a whole grading scale to it and getting a third party to give you a few points on a grade can literally double the price of a coin.

So with that skill of being able to grade coins via photo can give me an edge in betting I'll get the grade.

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If you stay up late following entrepreneurial rabbit roles or thinking about the gutter cleaning biz you wanna start, while your wife tosses and turns in frustration, cursing your name in the dark while the fan whirrs overhead, but you just can't help yourself because you're a low-key degenerate small biz whiz, and you're attending 12 step meetings but they don't apply to you, then please don't follow me
@mhp_guy because you'll only be feeding your pre-diagnosed addiction.