If you’re a fan of Antiques Roadshow, you already know that people get thousands of dollars for their furniture all the time. With the era of Ikea, that is becoming more of a rare thing to find high quality furniture. But back in 1998, a teacher from New Jersey found a table at a garage sale for just $25. When she took it on Antiques Roadshow, it went for auction and sold for $541,500. Wow! Keep in mind that when it comes to very old wooden antique furniture, you should never try to restore it, sand, or paint it. Collectors often want it in its original condition. If you suspect a piece of furniture could be worth something, never assume anything. Get it appraised by a professional.
Flipping furniture you find at garage sales can be a very profitable business venture too, if you’re willing to put in the work. The only trouble is that it’s often a big barrier to entry. First of all, you need a pickup truck or an SUV to bring the furniture home. (And a second set of hands to help you lift the furniture.) You also need to live in a house with a garage, basement, or barn to store the inventory. Then you need all of the tools necessary to repair or repaint the furniture. Check out this video titled We Paid Our Mortgage 3X Flipping Furniture.