How To Find Storage Unit Auctions?

1 Answer

Answer :

With the economy the way it is, storage unit auctions are more common than ever. This is unfortunate for those who lose their belongings, but it is great for people looking to make extra money. For some people, it is a lifestyle. For others, it is a hobby. However, the most important thing to remember is that staying consistent and on top of all the auctions is the only way that the practice ever produces a significant return for the investment.Sources for finding auctionsMany people use storage facilities while moving or for extra space, but if they fail to pay the storage facility, their property is put up for auction to the public. There are many different sources to find auctions, and a simple search on Google often yields many useful leads. There are also a handful of national resources, such as www.auctionzip.com, www.findselfstorageauctions.com or www.findstorageauctionsnow.com.Always make sure that you have a plan to sell your acquired merchandise afterward. What to do at the auctionAfter finding the auction, there are a few things that can help make the most of it. There are ways to tell at a glance if the unit is going to contain items of value. For example, if the unit is neatly packed or it is full of boxes that were purchased for storage rather than recycled boxes from a grocery store, then it likely contains more valuable items. Sometimes, address labels are visible on the sides of boxes. If, for example, a box lists an address from Manhattan, it may indicate a higher level of wealth. Some boxes may even have a list of contents, which is especially useful for judging the potential profit return on a storage unit.There is a growing interest in storage unit auctions, but there are little details and tricks to use to maximize its profitability. By following these tips, anyone can start buying and selling storage unit material with greater confidence.

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