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Cashing In With Mini Storage Auctions

What You Need to Know

Are you looking to use mini storage auctions as a way to make money?  If so, will this be your first time attending an auction?  If yes, please continue reading on for a few helpful and important tips, which can help you walk away happy.   Public storage auctions are a great way to make money.  Depending on the auction in question, you either bid on sealed bins or whole storage bays.  You are essentially making a wholesale purchase.  You are offering to pay one set amount for a lot of merchandise.  This is where you can make money, as...

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Pros and Cons of Auctions

Are you a mini storage owner who is losing money due to customers who simply just won’t pay their bill.  If so, did you know that you can host a public storage auction?  Your state may have some restrictions on doing so, but a public auction should be an option.   One of the many pros or plus sides to hosting a self-storage auction is that you are able to recoup your losses.  These auctions take place when bills are left unpaid, often for months on end.  Since you are losing money, it can hurt your business.  But, when you...

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Why and How to Hold an Auction

Are you a mini storage or a self-storage owner?  If so, do you have a number of nonpaying clients?  If so, you may be wondering what your options are.  After all, the longer a storage bay is unpaid for, but still in use, the more money you lose.   Although you are urged to first check your state’s laws, you should be able to host a mini storage auction.  Most states do allow these auctions, but you may face some rules and restrictions.  You may have to wait a set period of time before hosting an unpaid storage auction.  Or,...

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Preparing For a Storage Unit Auction

Do you want to make money buying and reselling items bought from a storage unit auction?  If so, you are not alone.  Many are finding self-storage actions to be an easy way to make a profit.   If you have never attended a storage unit auction before, you may be curious what you need to do in preparation.  Please continue reading on for a few helpful tips.   The day before or the morning of the auction, contact the company.  You will want make sure that auction is still set as scheduled.  If you have to travel far, this will...

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Pros and Cons of Using Mini Storage Auctions for Profit

Are you interested in making money with mini storage auctions?  If so, you are not alone.  Many individuals are finding the buying and reselling of goods bought at these auctions to be a relatively easy way to make money.  But, is it the right opportunity for you?   Mini storage auctions are increasing in frequency.  This has a lot do with the economy today.  Many are forced to leave their big homes and relocate to a smaller home or an apartment.  This often results in the renting of a storage unit.  Unfortunately, the economy is also making it harder for...

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