Make Money with Self Storage Auctions
78Find items to sell in storage units
How to Profit from Storage Auctions and Lien Sales
make money with self storage auctions. Most self storage facilities hold storage auctions or lien sales to vacate non-paying tenants.
Self storage facilities will hold a storage auction or lien sale in any given month.
Learn how self auctions work and how to start your own business selling the items you find at these auctions are opened to the general public with most bidders buying for the purpose of reselling for profit.
Auctions accept cash. You are bidding on a unit or lot. View is limited to the entrance doorway. Then the bidding starts with sales for a little under $300 dollars.
Most items are general household goods, furniture, electronics, clothing and personal records.
Bidders may find money, jewelry, antiques and collectibles at these auctions.
It is not uncommon to find someone's whole household or business in a unit, with that in mind, you never know what you may find.
How to make money with storage unit auctions
it is important to know that not all storage spaces will have hidden treasures. Finding those valuable items can take several times, the business plan for this type of opportunity requires persistence.
Focus will need to be your priority. To find the storage unit auctions listings can be done online.
Check in the newspaper and yellow pages of pass due in your state. Renters of the unit are given a deadline and given a legal notice if they do not respond then their contents will be auctioned off to the highest bidder.
You may find legal notices reported in local business journals for storage auction listings. Things that you need to look for at these auctions is to go to the ones located in a higher net worth location.
It is common sense to think that if the geographic zip code is in a area where the recipients have more income, they will also have more valuable items in storage.
The hit television show called storage wars shows what it is like bidding on other peoples stuff.
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How to Make Boxes of Cash With Self-storage Auctions by Barbara Rogers
Current Bid: $9.50
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Making Money A-z With Self Storage Unit Auctions by Glendon Cameron (2010,...
Current Bid: $89.97
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How to Make Boxes of Cash with Self-Storage Auctions NE
Current Bid: $17.22
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HOW TO MAKE MONEY AT SELF STORAGE AUCTIONS $$ EASY
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Wholesale and Surplus Auctions by Liquidators
Buy surplus inventory for selling on your own website. Set up a ecommerce store and make profit from buying low and selling high.
Dropshipping companies make the process seamlessly. liquidation.com
Types of items you can sell for money:
- Surplus Vehicles
- Consumer Electronics
- Wholesale Clothes
- General Merchandise
- Wholesale Jewelry
- Clothing
- Vehicles
- Jewelry & Watches
To find places to get all the products you will need from your business: Wal Mart Liquidation Auction, Government Liquidation Auction, Government Liquidation, Liquidation Warehouse and Liquidations and Closeouts.
List of Storage Auctions
Places to find out where auctions will be held are:
- storageauctions Publishes monthly newsletter with dates, time, locations and phone numbers of self storage facilities conducting lien sale auctions.
- aamericanselfstorage.com/auction Lists auctions in California, Hawaii, Illinois and more.
- internetauctionlist.com Provides free searches of self storage auctions across America. Specialize in self storage auctions in the MA, RI, CT areas.
- selfstorage.org/ official site for self storage information and education.
- bizjournals.com/ states that housing slowdown leads to boom in mini storage units. Rising demand for storage space due to those renovating their homes or people losing their homes to foreclosure or babyboomers downsizing by moving into condos and smaller homes is leading to a spurr in the use of storage units.
Bid on items in storage units
Boat and RV Storage opportunity
insideselfstorage.com/ Robert J. Hayworth writes about how Boat and RV Storage will continue to grow in demand due to increasingly restrictive city ordinances that ban the parking of large vehicles in residential areas.
This has contributed to the popularity of boat and RV storage. Most cities restrict long-term parking of such vehicles, requiring them to be moved every 72 hours.
Some ban all parking of RVs and boats in driveways, while others require a petition to be signed by neighbors to allow storage of vehicles over a certain size.
- Auction RV Florida
- RV Auction Public
- Tampa Boat Auction
- Boat Repo Tampa
- Power Boat Auctions
- Dealer Boat Auctions
- Boat Trailer Auctions
Most new housing developments do not allow any overnight RV or boat parking, as houses being built generally have smaller yards than in the past.
Many baby boomers are opting to live in adult communities comprised of condominiums and townhouses, which means there is often no yard at all.
CommentsLoading...
Ghost, thats, interesting I would guess due to people moving around so much in California they will always have plenty of stuff to give a way, which would become a profit for someone else.
thanks great info
Thanks comment on this, I think there will be a bigger market in the storage unit industry with so many foreclosures on the market.
I agree its a great place to find. but if you run into a unit that has someones whole entire life It is sad. i personally recently was lied to by the storage facility in NY called lockaway. They knew I was trying to make the attempt to pay and agreed to a payment plan. Before I could get in with the ammount they wanted cause it was alot... over 1200.00 they already sold my things. My drivers lisc. expired with my SS card and old credit statements bank records tax sheets from my Business and that was just the beginning. Paintings, Valuable ones. A Salavadore dahli with signgature.. etc. if Anyone would help i will offer a reward.
2buzzy, I am sorry to hear of your loss.
Ghost32 Level 8 Commenter 4 years ago
This Hub has some pretty good information I did not know--and I'm an Auctioneer! Or at least I was one, graduated from Western College of Auctioneering in Billings, MT, in 1980. The statement about the sorts of things one might find in a self storage auction kind of got to me, though, and points up the aspect of auctioneering that made me decide to get out of the business: This type of auction underscores a whole lot of pain and broken dreams. Unless you believe people WANTED to abandon an entire household of goods, which I doubt is generally the case.
Livestock and auto auctions are different kettles of fish, of course.
And I will admit that had I continued with last summer's plan of selling merchandise on eBay to make a living, self storage auctions would indeed have provided a rich source of "stuff" to sell...plus, of course, the excitement of the "treasure hunt", never knowing what you might find.