How much money can you make with storage unit auctions

These storage units will sometimes have items that are quite valuable such as guitars, antiques, jewelry, furniture, electronics, or other items that can be sold for a profit. Bring the Right Tools There are several items you should bring with you to an auction. Best of luck to you. Is this a business you think I should try out? Ready to find your niche? Besides that, you get to know people at antique shops and other specialized stores.

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You can own a facility, getting paid to let people store stuff in a unit or locker. You want to get as many people moved into your units at as high of a price is possible. Mkney, you can win goods at a storage unit auction and then sell them for a higher price. This is more risky. All Rights Reserved.

Find Storage Unit Auctions in Your Area

Never before have I seen the influx of new buyers attending storage auctions like now. The prices of storage units up for sale have definitely doubled if not tripled in cost in a matter of months. This hysteria was caused by the popularity these television shows. Although entertaining, these shows depict the «average Joe» coming across amazing treasures in almost every episode. Most storage lockers contain household items, furniture, clothing or sometimes the remnants of a failed business.

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Never before have I seen the influx of new buyers attending storage auctions like. The prices of storage how much money can you make with storage unit auctions up for sale have definitely doubled if not tripled in cost in a matter of months.

This hysteria was caused by the popularity these television shows. Although entertaining, these shows depict the «average Joe» coming across amazing treasures in almost every episode. Most storage lockers contain household items, furniture, clothing or sometimes the remnants of a failed business. Every now and then, most of the time by accident, you come across a storage unit that makes up for the «dumpster unit» you bought the week.

There was no looking back from that point on. Most of these storage facilities advertise their auctions in smaller, local newspapers. Because Houston has over 40 smaller cities within our great city, each of which have their own local newspapers, subscribing to and reading them every day wasn’t an option.

I was determined to figure something out and I did. I realized that the auctions that aren’t advertised to the masses generally have fewer buyers that attend the event. Where there is less competition, there is a better chance of buying a quality storage unit at a good price.

It was a lot of work, but I created a data base with over storage facilities, over of which do not advertise in mainstream publications. My efforts mnoey a monthly list of storage auction events which very few other people knew.

I decided to make this list available to others and created a website called www. If you are a professional storage auction buyer or if you just want to see if you can find some bargains, and you live within the greater Houston and surrounding areas, my website is a great way to help you get off the beaten path. Our membership is limited, we don’t want to flood the obscure auctions, so get in while you still.

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What is a Storage Unit Auction?

To do this, you would probably need to dedicate at least a year, going to multiple auctions a month, and probably wasting lots of money until you finally develop a sense to what is valuable and not valuable just by looking in the door of a unit. Your auction experience may be different from. I would start out bidding on smaller units first and not bid a lot especially if your not sure of the resale value of the items you see in the unit. We plan our trips, and get the money! Hi Spencer, First impressions. Then do it all over again with every purchase you make. Fantasizing about what might be inside that towering stack of boxes or tucked away behind that old refrigerator can cause you to overbid auctlons a unit and lose money. Share this Article. Make Money Explore. Become a Money Crasher! Dad and a child attend the auction while I am at home with my little ones we have eight children. However, storahe good rule of thumb is to estimate the value of a unit by assigning a dollar amount to each box. I used to work as a self storage property manager and I prepared delinquent how much money can you make with storage unit auctions and ran some auctions. That averages out to 7. To find out more, including how to control cookies, see here: Cookie Policy. I think you should go for it.