A short YouTube video by Chris Koerner explaining how to make money buying government-confiscated and surplus items (e.g., TSA-confiscated pocketknives, furniture, vehicles) from online marketplaces like govdeals.com. He highlights large discounts (claimed 80–90% off), recommends filtering locally and targeting bulky items with fewer bidders, and positions the clip as part of a 10-day series.
Chapters
Have you ever wondered what happens to all those pocket knives, tools and random items that the TSA confiscates at the airport? Well, I found the answer. People are making thousands off this website every day. These items get confiscated and end up sitting in government warehouses because, well, the government doesn't know how to make a profit, obviously, but we can. This is day five of my ten day series of showing you how to make money on websites you've never heard of. So follow for the rest of them. This website lists all sorts of government confiscated items and surplus goods, from pocket knives to cars, to boats, real estate, furniture, and even land at steep, steep discounts. 80 to 90% off. They just want it gone. And that's where we come in. They don't care about making money, but we do. Go to this site and set filters for your local area. Global marketplaces are efficient, but local marketplaces are inefficient. But you're looking for big items that are expensive to ship. That's how you find the best deal. Furniture, office supplies, machinery, tools, vehicles. Those have much less bidders, so you can swoop in and grab them at a fraction of their retail price. The site I'm talking about is govdeals.com get 14 more sites just like this right here.