Storage Auction Tips

Choosing a Storage Unit

The community I live in has over 20 storage unit facilities available. But, which one do I choose? Logic says the one closest to my home. But…that may not actually be my best choice. Finding a storage unit and its facility is not just a snap decision. I want one that is trustworthy, clean and has a front office that is available. Even though you rarely have interactions with the front office or the main company during your rental period, …

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Your “Junk” Is Someone Else’s Treasure! How To Sell The Contents Of Your Storage Unit

          You have been planning for years to get rid of the stuff in your storage unit and finally the time is right. A sudden spurt of energy, a change in your life or even a strong curiosity about what is hidden in the back of that unit can all be opportunities to start fresh. So, you pop open the lock, throw open the door and suddenly, you are met with that “old attic” smell. But, …

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Nirvana

I must admit it…I found my Nirvana!! Nirvana is described as Perfect Peace and Happiness, and I FOUND IT at the St. Augustine Florida Flea Market!!!! Before someone calls in the Doctors and Psychiatrists, let it be known, that I have a Junking Habit!!!! I Love the stuff!!  I Love collecting it. I Love selling it!  I Love looking it over! I Love making decisions about what I can do with the Junk; what I can make with the Junk; what I …

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The Three Dollars in My Pocket

When I was young, my Grandmother gave each of us $3 tucked in a sweet store-bought card for our Birthdays. We were to go “Hog Wild” and blow every dime!!! When we were very little, this was a monumental sum and we would plan for days our shopping spree!!! But as we rounded out the ages of 10 then 12 and 15, we came to realize that $3 would barely get us out the door!  But, Granny always gave us …

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Storage Auctions: 4 Essential Tips for Newcomers

Thinking about starting a buy-sell storage auction business? If you are reading this, I’m assuming the answer is yes. TV shows like Storage Wars and Auction Hunters can make it sound like easy money, but you’ll quickly learn that it’s anything but. However, there are some steps you can take to increase your chances of success, some of which we’re going to discuss in today’s blog post. Prepare a Budget As with any business, it’s a good idea to prepare …

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How to Sell Your Products Faster

Whether you acquire products through storage auctions, yard sales, private deals or elsewhere, you’ll need to turn them in a reasonable amount of time to make a profit. Holding onto items for months or even years doesn’t work. The longer you keep an item, the more time, money and resources you must exhaust to store and maintain it. Furthermore, most products and items depreciate in value over time, meaning you’ll get a lower price when you do sell them. Here …

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5 Storage Auction Bidding Mistakes that will Cost You

Bidding is a fundamental part of the buy-sell storage auction. As you probably know already, self-storage facilities host auctions, during which individuals can bid on the contents of abandoned units. The process may sound simply enough, but many newcomers are guilty of making one or more of the following mistakes. Getting into Bidding Wars What is a bidding war? This occurs when multiple bidders continue to raise their bids in hopes of knowing out the competition. When your bids are …

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Things You Should and Shouldn’t Buy at Yard Sales

Yard sales can offer a treasure trove of valuable items, many of which are hard to find, at a fraction of their original cost. But not everything sold at yard sales is worth buying. If you’re looking to turn a profit on your yard sale trips, you’ll need to know what to buy and what not to buy. Vinyl Records There’s been a growing demand for vinyl records is recent years, making this is a definite “buy” at yard sales. …

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Mastering the Art of Storage Auctions

It’s not uncommon for tenants at self-storage facilities to not pay their bill. When this occurs, the facility may auction off the tenant’s property to recoup some of the lost revenue. Bidding and buying this auctioned property has become a hot business venture, with thousands of entrepreneurs participating in it. If you’re thinking about getting starting in the storage auction business, though, you should read the following. Target High-Income Areas Do some research to determine the median household income in …

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How to Earn More Money with Storage Auctions

Still struggling to turn a profit from buying and reselling property through storage auctions? There’s no denying the fact that storage auctions are a lucrative opportunity, with some professionals turning thousands of dollars in profits after just a couple days. But like all business ventures, there’s also a risk that you won’t earn anything. The good news, however, is that you can increase your chances of success and earn more money with storage auctions by following these tips. Treat it …

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How to Acquire Capital for a Storage Auction Business

Storage auctions offer a fun and lucrative venture with near-limitless earnings potential. From autographed sports memorabilia and collectable vintage dolls, to antique furniture and gold jewelry, you can find just about anything buried within these abandoned storage units. But if you’re looking to get started in the buy-sell storage auction business, you’ll need to first acquire capital. Without capital, you won’t be able to bid on storage units, let alone run a successful business. So, from where can you can …

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Storage Auction Secrets for Success

There are tens of thousands of self-storage facilities throughout the United States. When a tenant fails to pay his or her bill, the facility will sell their property at auction. Savvy entrepreneurs often attend these auctions to scoop up highly valuable items as a fraction of their original cost. If you’re thinking about joining the ranks of storage auction hunters, here are some tips for success. Target the Right Storage Auctions No two storage auctions are the same, which is …

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Tips on Buying Antique and Vintage Items

Whether your preferred shopping environment is yard/garage sales, estate sales, storage auctions, or even thrift shops, you probably know the value associated with certain antique and vintage items. While most products depreciate in value over time, antiques typically have the opposite effect; they increase in value. But this doesn’t necessarily mean that all antique and vintage items are worth buying. On the contrary, you could end up losing money if you fail to take the right approach. Here are some …

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How to Profit from Storage Auctions

The business of buying and selling property acquired through storage auctions has become an increasingly popular venture, thanks largely in part to TV shows like Auction Hunters and Storage Wars. When a tenant of a self-storage unit fails to pay his or her rent, the facility has the legal authority to auction off the contents of the unit in an effort to recoup their lost revenue. The great thing about storage auctions is that you can often acquire some high-dollar …

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Storage Auction Tips for First-Time Buyers

Thinking about embarking in the storage auction business? There’s no denying the fact that it’s a fun and exciting business with huge earnings potential. If you’ve ever watched one of the many reality TV shows centering around storage auctions, you probably know just what type of valuable items can be found — and for a fraction of its actual cost. However, there are a few things that new buyers should know before attending their first auction. Bid Smart Bidding is …

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How to Maximize Your ROI with Storage Auctions

Even if you turn a decent profit from buying and reselling items acquired through storage auctions, chances are there’s room for improvement. In fact, there’s always room to improve your return on investment, regardless of how much profit you currently earn. By following some otherwise simple steps, you can generate a higher return, putting more money in your pockets. So, what can you do to maximize your storage auction ROI? Scrap Metal An item’s “value” may or may not be …

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5 Tips for Selling Products Online

Acquiring valuable items through storage auctions is only one step in the process of running a successful business. Assuming you are trying to turn a profit, you’ll need to resell these items. While you can always sell your items at pawn shops and independent stores, a smarter solution is to sell them online. Doing so will allow you to reach a larger audience, which in turn translates into faster and more lucrative transactions. Take Good Product Pictures Don’t underestimate the …

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Storage Auctions: 5 Signs of a Profitable Unit

From the moment the auctioneer cuts the lock at a storage auction, you’ll have just a few minutes to look inside and determine whether or not is worth bidding on. So, how do you know if a unit is “profitable?” Here are some tall-tale signs to look for. #1) Clean and Organized Conventional wisdom should lead you to believe that clean, well-organized storage units usually contain more valuables than dirty, unorganized units. If a tenant is storing valuable items inside …

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4 Rules to Follow When Bidding on Storage Auctions

Turning a profit by buying and reselling items acquired through storage auctions isn’t always an easy task. Sure, reality TV shows like Storage Wars makes it look simple enough, but you’ll quickly learn that it’s anything but. The good news is that you can successfully earn a living from storage auctions, but you’ll first need to learn the ropes of bidding. So today we’re going to reveal some essential rules to follow when bidding on storage auctions. Decide Your Max …

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What to do with Cardboard Boxes

One of the great things about storage auctions is the simple fact that you never know what you’re going to find. Some storage units may contain a treasure trove of valuables, whereas others contain nothing more than cardboard boxes. Before you do tossing those boxes in the trash, however, you should consider using them for the following purposes. Cardboard boxes are ideal for a number of different applications, some of which we’re going to discuss in this blog post. Build …

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3 Ways to Find Storage Auctions

So, you’re thinking about venturing into the exciting and lucrative world of buying and selling items at storage auctions? It’s a fun endeavour that can yield some pretty sizable profits when done correctly. While not every storage unit you come across is going to contain valuables, some of them will — and those select few units may allow you to turn a notable profit. However, you’ll need to find the storage auctions first, which is something that we’re going to discuss …

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5 Things You Should Never do at a Storage Auction

Bring a Checkbook or Credit Card While there’s nothing necessarily wrong with bringing a checkbook and/or credit card to a storage auction, you’ll need to make sure you have cash on hand. Without cash, there’s a good chance that you won’t be able to pay for the unit, in which case it will be given to the next highest bidder. Most storage facilities only accept cash for auctions, so bring the green if you plan on bidding. Not Having Anywhere …

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5 Things I Wish I Knew About Storage Auctions

The world of buying and selling items from storage auctions has become increasingly popular in recent years, due largely in part to reality TV shows like Storage Wars. With this newfound popularity, however, has prompted many newcomers to enter the business. But if you’re thinking about taking a shot at storage auctions in an effort to turn a profit, there are a few things you should know. Not All Units are Valuable Wouldn’t it be great if each and every …

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Storage Auction Tips: How to Tell if Gold is Real

If you’ve been in the business of buying and reselling property from storage auctions for long enough, you’ll eventually encounter jewelry. Many tenants store their jewelry in these self-storage units, believing it’s safer and more secure than storing at their own house. If the tenant fails to pay his or her rent for the unit, however, the facility may auction off the contents in an effort to recoup their lost revenue. But just because a ring or necklace looks valuable …

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How to Prepare for an Upcoming Storage Auction

Whether you are looking to embark on a new career or just earn some cash on the side, storage auctions are the perfect choice. When a tenant fails to pay and/or abandons the unit, the storage facility has the legal authority to auction off his or her property. Attending these auctions can often yield valuable items like jewelry, collectible dolls, antique furniture, coin collections and more, all at a fraction of their original cost. But the secret to successfully turning …

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Storage Auctions: How to Deal with Competition

Storage auctions have become increasingly popular in the past few years, thanks in part to reality TV shows like Storage Wars and Auction Hunters. Granted, the format for auctioning off the contents of abandoned storage units has been around for quite some time. But it wasn’t until these TV shows were launched that the general public was able to see the process first hand. Now, men and women of all walks of like are eager to participate in storage auctions, …

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Is it Trash or Treasure? Identifying Valuables at Storage Auctions

If you’re in the business of buying and reselling the contents of auctioned storage units, you probably know by now that not every unit you come across is valuable. On the contrary, many contain nothing more than empty boxes and old appliances. But don’t assume that a unit isn’t valuable just because there are no high-dollar items in sight. Items that are often viewed as trash may actually be treasure… Batteries Whether it’s for a car, boat, motorcycle, etc., batteries …

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4 Ways to Tell if Storage Unit is Valuable

If you’ve been in the storage auction business for any significant length of time, you probably know by now that now every unit is worth bidding on. Some units will contain a treasure trove of valuable items that can easily be resold for a profit. Others, however, will contain little more than empty boxes and junk furniture. So, how do can you tell if a storage unit is valuable? Cleanliness The cleanliness (or lack thereof) of a storage unit is …

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Storage Auction Tips to Maximize Profits

Know When to Quit One of the most common mistakes that newcomers to the buy-sell storage auction industry make is trying to win every unit, regardless of the cost. They’ll continue raising their bid prices without taking into consideration whether or not they can turn a profit. And when two or more people are involved in intense bidding such as this, it results in a “bidding war” where there is no real winner. If you notice the bid price going …

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Self-Storage Unit Cleaning Etiquette

Self-storage has grown into a multi-billion dollar industry, with tens of thousands of facilities set up throughout the country. If you’re thinking about renting a self-storage unit or participating in an auction, though, there are a few things you should know regarding cleaning. While most facilities have a list of rules, there are other “unwritten” rules worth noting, as well. Winning Bidder Must Clean Out the Unit Assuming you win a storage unit through auction, you are typically required to …

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Storage Auctions: How they Work

Thinking about entering the fun and exciting (and lucrative) world of storage auctions? If so, you’ll need to first familiarize yourself with the process of how it works. Only then will you be able to turn this idea into a functional business practice that generates revenue. The Basics Self-storage facilities typically “rent” their storage space to tenants, charging either a monthly or annual fee. If the tenant fails to pay, the facility will send him or her a notice. And …

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Did You Know? Items You Can Recycle for Cash

Not every storage unit that you come across at auction is going to be filled with high-end valuables. On the contrary, many will contain nothing more than boxes and old items. But before you toss those old items away, you should check to see if they can be recycled. Even if you are unable to sell them, you may be able to recycle them for a small profit. Computer Monitors and Televisions Granted, if a computer monitor or television works, …

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Questions and Answers About Storage Auctions

Do I Need Any Special Training to Participate in Storage Auctions? Nope! The only thing you need to participate in storage auctions is the will to succeed and a sound business plan. There’s no special education or training required — at least not that I’ve seen. How Much Money Can I Make? The great thing about storage auctions — well, one of the great things — is its near-limitless earnings potential. By participating in auctions, you can earn some extra …

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Wait Before Throwing Away These Items!

During your time participating in storage auctions, you are bound to come across some “junk” items. Not every storage unit contains valuables, with many containing nothing more than old furniture and empty boxes. But just because an item is old and obsolete doesn’t necessarily mean that it’s worthless. On the contrary, some items that are often viewed as a junk can be resold for a profit. Old Televisions With the advent of high-definition flat-screen TVs, the old cathode-ray TVs have …

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Ringing in the New Year with Storage Auction Tips

Saving money and spending less is among the most common resolutions made for the New Year. Unfortunately, though, it’s estimated that only 39% of people in their 20s and 14% of people in their 50s and older actually achieve their New Year’s resolution. Whether you’re looking to earn some cash on the side or embark on a new career, participating in storage auctions can help you achieve your financial goals for 2016. Treat it Like a Business Even if you …

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Why Storage Auctions are a Good Investment

Participating in storage auctions is a smart investment that will almost certainly pay off in the long run. Whether you’re looking to start a new career or just earn some extra cash on the side, it will help you achieve these goals and more. How Storage Auctions Work Storage auctions work on the principle of auctioning off the contents of abandoned, delinquent self-storage units. When you rent a storage unit, you typically sign a contract in which you agree to …

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How to Maximize Space in a Self-Storage Unit

Renting a self-storage unit is a great way to free up space inside (and outside) your home. If your space bedrooms and garage are filled with clutter, then perhaps a self-storage unit is the right answer. According to Wikipedia, there are more than 46,000 such facilities operating in the United States — a number that’s expected to grow even higher in the years to come. But if you’re thinking about a renting a storage unit, you need to know how …

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Protecting Your Self-Storage Unit from Theft

So you’re planning to rent a self-storage unit? Doing is an undeniably great way to store large items without having them clutter your home or garage. But you should also be aware of the potential for theft, as many burglars specifically target storage units. Choose the Right Storage Facility The right self-storage facility will go a long ways in protecting your property from theft. When choosing a facility, check to see what types of security measures they have in place …

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Storage Auction Bidding: Knowing When to Pass

Part of running a successful buy-sell storage auction business is knowing when to pass on a unit. Far too many newcomers assume that each and every storage unit is worth bidding. In reality, though, only some units contain valuables, and it’s important for newcomers and seasoned vets alike to have enough self-control to stop bidding on these units. So, how do you know when it’s time to pass on a unit? You Don’t See Any Valuable Items When the auctioneer …

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Storage Auctions: Big vs Small Storage Units?

Self-storage units come in all different sizes, ranging from just 5′ x 5′ to 10′ x 25′ (sometimes even larger). When attending an auction, it’s important that you pay close attention to the size of the unit, as this will play a key role in your success. So, should you big higher on large storage units as opposed to the smaller ones? Generally speaking, larger units tend to hold more valuables. While there are always exceptions to this rule, you’ll …

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Things to Know Before Attending a Storage Auction

Where is the Self-Storage Facility Located? I know this probably sounds like common sense, but it’s still worth mentioning that you should identify the address of a self-storage facility. Blindly driving to where you “think” the auction will be held is a recipe for disaster. So, find the street address of the facility and use Google Maps or your preferred GPS/navigation service to find turn-by-turn directions. If the facility is a long ways away, you may want to choose other, …

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Furniture at Storage Auctions: What You Should Know

People store all kinds of stuff in units, ranging from small collectibles to motorcycles and power tools. However, one of the most common items found in self-storage units is furniture, and for good reason: when you buy a new couch or dining room table, you may not have room in your home for the old one. Rather than hauling it off to the dump or giving it away for free, some people prefer to place old furniture such as this …

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Ways to Increase Your Chances of ‘Finding the Big One’

If you’ve been in the storage auction business long enough, you probably know that not all units contain items of value. In fact, many self-storage units that you’ll come across contain little more than junk. They may have old cardboard boxes piled to the ceiling, but the vast majority of these boxes are either empty or contain nothing of value. Sound like a familiar scenario? You should try the following techniques to increase your chances of scoring big in the …

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Storage Auctions: Time is Money

When it comes to running a successful buy-sell storage auction business, time is money. The sooner you clear out a unit, the sooner you can move on to the next unit. Unfortunately, many newcomers to this industry drag their feet, assuming they have all the time in the day. As a result, they are restricting to participating in just a few auctions, limiting their profits. This is why it’s critical that storage auction hunters work fast so they can move …

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Storage Auction Trends to Watch

The storage auction business continues to grow and evolve with each passing year. As a result, it’s important for bidders to keep up with the current trends. So, what kind of trends can you expect to see more of in the storage auction business? Online Auctions Who says storage auctions must be conducted in person? While this remains the most popular method, there’s a growing trend towards the use of online auctions. Rather than conducting the auction in person, the …

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Storage Auction Tips for the Fall and Winter Seasons

The fall season officially began on September 23, which means the temperatures will continue to drop as we approach the even colder winter months. If you plan on attending a storage auction (or several) during this time, there are a few things you should know. You’ll Be Outside I know this probably sounds like common sense, but it’s still worth mentioning that you’ll be spending the majority of your time outdoors when attending storage auctions. During the spring and summer, …

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What is a Cleaning Deposit?

While each and every self-storage facility is different, it’s not uncommon for the winning bidder of an auction to pay a “cleaning deposit.” First-time auction seekers may assume this is some type of scam, at which point they pack up their belongings and leave the facility. However, cleaning deposits are relatively common in the storage auction industry, and it’s important for bidders to understand what they are and how they are used. The winning bidder of a storage auction is …

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How to Secure Your Storage Unit

Are you doing enough to protect your self-storage unit from theft? It’s not something that most people want to think about — especially if you have valuables stored inside — but theft does occur. According to a recent study conducted by the MiniCo Insurance Agency, as much as 7% of all self-storage facilities in the U.S. had experienced a break-in in 2012. While this number 18.2% from 2010, theft is a serious problem that shouldn’t be ignored. Choosing the Right …

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Reasons to Rent a Self-Storage Unit

Thinking about renting a self-storage unit? It’s estimated that nearly 1 in 10 U.S. households now rents a self-storage unit. It’s a multi-billion dollar business that continues to grow larger with each passing year. However, many people are hesitant to rent storage units, assuming they are either too expensive or don’t offer enough space in return. Clean Out Your Garage One of the most common reasons why people rent self-storage units is to clean out their garage. When was the …

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Storage Auction Laws: What You Should Know

Thinking about taking a shot at the buy-sell storage auction business? There’s no denying the fact that this is a lucrative industry with plenty of money to be made. Granted, not all storage units will contain valuables, but it only takes one unit for a sizable payday. It’s not uncommon for bidders to come across items like antique furniture, autographed memorabilia, cash, collectibles, and other items that can be easily turned for a profit. But before you embark on this …

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How to Maximize the Space in Your Self-Storage Unit

Thinking about renting/leasing a self-storage unit? Well, you aren’t alone. According to some reports, there are more than 58,000 storage facilities worldwide, 46,000 of which are located in the United States. Each year Americans spend more than $6.6 billion on self-storage — a number that’s expected to grow larger in the months and years to come. But if you’re going to spend money on a self-storage unit, it’s important that you use the space in an efficient manner. So, what’s …

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Dealing with Competition at Storage Auctions

Here’s a scenario to consider: you locate a storage auction in your area and arrive at the time of the auction, only to discover that it’s packed full with more than a dozen other bidders. Conventional wisdom should lead you to believe that more competition equals less profit. When there’s more people bidding on abandoned units, the sale price goes up; thus, lowering your return on investment (ROI). However, this doesn’t necessarily mean that you get back in your car …

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Be on The Lookout for these High-Dollar Used Items!

When attending storage auctions, it’s important for bidders to always be on the lookout for valuable items. Normally, when an item is used — the case for most items found at storage auctions — it depreciates in value, meaning it’s no longer worth its original selling price. However, there are some items that hold their value more so than others, and these are items that you’ll want to keep a close eye for. Weights and Gym Equipment People are always …

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Reasons to Bring a Camera to a Storage Auction

If you keep up with our blog here at StorageUnitAuctionList, you probably have a good idea of what to bring when attending a storage auction. This includes cash (most self-storage facilities only accept cash for auction payments), as well as gloves, boots, a broom and dustpan, a flashlight, and a lock. However, a tool that’s often overlooked by first-time auction hunters is a camera. So, why do you need a camera when attending a storage auction? For starters, having a …

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How to Get Started in The Buy-Sell Storage Auction Biz

So, you want to get started in the buy-sell storage auction business? It’s an undeniably fun and lucrative venture that will allow you to set your own hours and be your own boss. Unfortunately, though, many people who wish to enter this business don’t know where to start. If this sounds like a familiar scenario, keep reading for some helpful tips on how to get started in the storage auction biz. Choose a Legal Entity Like all businesses, you should …

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5 Things I Wish I Knew About Storage Aucitons as a Beginner

#1) Not All Units are Worth Bidding On Newcomers to the buy-sell storage auction business are often eager to bid, and win, units. There’s a good reason for this: you can’t expect to turn a profit unless you are actively bidding on units. But just because you can bid on a unit doesn’t necessarily mean that you should. You’ll soon realize that not all self-storage units contain valuable items. Some of them may contain hundreds or even thousands of dollars …

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Wait Before You Trash Those Obselete Electronics!

Being in the buy-sell storage auction business, you’re bound to come across some old CRT (box-style) televisions, CRT computer monitors, outdated stereo systems, and other obsolete electronics. Many people choose to store these items in a self-storage facility, believing they may one day use them again. Of course, this time never comes, and the electronics become obsolete. So, what should you do with obsolete electronics such as this? Some storage auction seekers automatically assume this stuff is trash. After all, …

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Ways To Sell Your Storage Auction Goods

So, you’ve won your first storage unit at auction, and now you’re faced with the task of trying to sell the contents. The success of a buy-and-sell storage auction business relies heavily on whether or not your can turn the goods. If you are unable to resell the items in a timely manner, you won’t be able to have a successful, lasting business — it’s just that simple. But if you’re able to find a willing buyer, you can sell …

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Wait…. That Junk Might Be Worth Something

Tired of winning storage units at auction only to discover they contain nothing more than old electronics, worn-down boxes and other items of little-to-no value? There’s no guarantee that each and every unit will be profitable. If there was, you would probably see more people entering this business. However, what you “think” is junk might actually be worth something, so use caution when throwing away items acquired through storage auctions. Scrap Metal It’s not uncommon for auction hunters to come …

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Choosing The Right Date To Attend a Storage Auction

Don’t underestimate the importance of choosing the right date when attending a storage auction. If you live in a densely populated suburban area, auctions will likely be held on every day of the week, opened up more opportunities to expand and grow your business. But just because you can attend a storage auction doesn’t necessarily mean that you should. So, how do you know which day of the week to attend a storage auction? Once you’ve acquired some experience in …

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What Should I Wear to a Storage Auction?

Newcomers to the storage auction business often wonder what they should wear. While there’s no dress code — not at any of the auctions I’ve attended at least — there are a few basic rules you’ll want to follow when choosing your clothes. Familiarizing yourself with these rules will give you the upper hand, streamlining the process of bidding on abandoned auctions, cleaning them out, and reselling the valuables. Comfortable Shoes A good pair of shoes will go a long …

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Dealing With Competition at Storage Auctions

Storage auctions have become increasingly popular in the wake of hit reality TV shows like Storage Hunters. And when people show up to these auctions, it leads to more competition. But competition isn’t necessarily a bad thing, especially if you know how to deal with it. Like all markets, storage auctions will balance out, with some of the competition going away. However, you can further increase your chances of success by following the tips outlined below. Don’t Get Into Bidding …

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The Do’s and Don’ts of Selling Stuff on Craigslist

Craigslist has become one of the best places to find buyers for your used (or new) products and goods. Whether you acquired them from a storage auction, yard sale, estate sale or elsewhere, chances are you can find a buyer by creating a Craigslist listing. However, you’ll want to following some basic rules to increase your profits while ensuring a safe and smooth transaction. Do Include Pictures Unlike the auction website eBay, it’s completely free to include images in your …

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Wait Before You Trash Those Unwanted Items!

The majority of the stuff you’ll come across in the buy-sell storage auction business has little-to-no resale value. Sure, you’ll find some valuable items in just about every self-storage unit, but a lot of the stuff is junk. Unless you’re a pack rat, you’ll probably throw it away in the trash without thinking twice. As the saying goes though, what’s one man’s trash is another man’s treasure, holds true in this instance. Let me first start off by saying that …

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Tips on Cleaning Out a Storage Unit After Auction

If you plan on participating in a storage auction, you need to be prepared to clean out the unit afterwards. Beginners often assume they can pick and choose what they want to keep, leaving the trash behind for the storage facility to clean up. If you read the fine print in the storage auction’s terms and conditions, however, you’ll likely find that most facilities require the winning bidder to clean everything out of the unit within a 24-48 hour period. …

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How To Take Your Buy-Sell Storage Biz To The Next Level

Still struggling to turn a profit with your buy-and-sell storage auction business? Like all businesses, there’s no guarantee of success. It takes time, patience, dedication and a clear strategy to reap the financial rewards this industry has to offer. With that said, we have some simple tips that are sure to help you turn a profit with your business. Don’t Get Into Bidding Wars One of the biggest (and most costly) mistakes newcomers make is getting into bidding wars with …

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Defining a ‘Niche’ For Your Storage Auction Biz

Still struggling to turn a profit from buying and selling the contents of abandoned storage units? TV shows like Auction Hunters can make this industry seem like a profit-making machine. But like any job, it requires hard work, experience and dedication to succeed. However, one helpful tip to increase your chances of success is to define a niche. If you’re scratching your head trying to understand what exactly this means, keep reading to learn more about the different niches in …

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Should I Open a Retail Store For My Business?

If you’re in the business of buying and selling the contents of abandoned storage auctions, you might be wondering whether or not it’s beneficial to open your own brick-and-mortar retail store. Having a store will provide you with a convenient location from which to sell your recently acquired products. At the same time, however, it’s also an extra expense, and some people may not have the extra cash to afford it. To better answer this question, we’re going to take …

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How Storage Auctions Work

The advent of popular cable TV shows like Storage Wars and Auction Hunters has spurred a newfound popularity for the storage auction business. This once quiet industry now receives thousands of more active participants, all of whom are eager to strike it rich by bidding on storage units. As a beginner, though, you may feel confuse regarding the process. The self-storage facilities rarely provide any information on how it works, adding further confusion for newcomers. Why Storage Units Go Up …

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Bidding Tips For Storage Auctions

Bidding is arguably the most influential element in determining the success of a buy-sell storage auction business. If you overbid on units that contain few-to-no valuables, you won’t be able to sustain a profitable business. On the other hand, however, bidding the “right” amount on valuable units can yield huge returns, which is exactly what you want to achieve on each and every auction. So, how do you know what to bid at a storage unit auction? Unfortunately, there’s no …

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Tips For Assessing The Value of a Storage Unit at Auction

If you’re in the buy-sell storage auction business, you’ll need to learn the right way to assess the value of a unit’s contents. Blindly bidding with no clear strategy or objective other than to “win” is a recipe for failure. Granted, you may occasionally get lucky and come away with a treasure trove of items, but instances such as these are rare. This is why it’s important for bidders to perform a quick valuation of the unit’s contents before placing …

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Planning Ahead For Storage Auctions

One of the biggest mistakes newcomers to the storage auction business make is failing to plan ahead. Showing up to an auction with no clear plan of action will place you miles behind the rest. However, you can make the process easier (and more lucrative) by taking the time to plan your course of action. For some helpful tips on how to plan your storage auction strategy, keep reading. Create a Schedule It’s recommended that you create a schedule of …

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Obvious and Not-So-Obvious Benefits of Storage Auctions

With popular cable TV shows like Storage Wars and Auction Hunters bringing storage auctions into the limelight, more and more people are jumping into this business in hopes of striking it big. There’s a certain allure to bidding on units without knowing what exactly it contains, which is another reason why this industry continues to grow larger with each passing year. This week, we’re going to reveal some of the obvious and not-so-obvious benefits of storage auctions. Potential To Strike …

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5 Tips To Cleaning Out a Self-Storage Unit

After winning your first storage auction, you’ll need to invest some of your time and energy into cleaning it out. Most self-storage facilities require winning bidders to remove all of the unit’s contents — whether it’s valuable or not — within 24-48 hours (see the facility’s rules for more information). Failure to do so could result in your name being blacklisted, which means you can not participate in future auctions. But cleaning out a self-storage unit doesn’t have to be …

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How To Spot Valuable Collectables at Storage Auctions

Wouldn’t it be great if each and every storage unit auction contained a treasure trove of valuable items? If this were the case, you would probably see more people entering this business. While some storage units contain jewelry, firearms and other high-dollar items, others contain few items of any real value. The good news, however, is that you can often identify valuable storage units by looking for certain types of collectables. Autographed Memorabilia If you see an autographed item in …

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Storage Auctions: How To Get Started as a Buyer

Whether you’re looking to start a full-time business, or if you just want to earn some extra cash on the side, the storage auction business is a fun and financially rewarding venture that won’t disappoint. You can set your own hours, attend the auctions that YOU want to attend, and discover treasure troves of hidden valuables. But how do you get started in this business? Scout Out Self-Storage Facilities First and foremost, you’ll need to scout out self-storage facilities in …

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Storage Auction Etiquette: What You Should Know

Attending a storage unit auction for the first time can be daunting, and oftentimes confusing, experience. You must know the written rules, as well as the unwritten rules, to succeed in this competitive business. The written rules are relatively easy to obtain and can be usually be acquired through the self-storage facility’s front office; it’s the unwritten rules that typically go unnoticed. This week, we’re going to dive into this subject by revealing the unwritten etiquette of storage auctions. Only …

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What Is a Blind Storage Auction?

If you’re new to the storage auction business, you might be wondering just what in the world a “blind” auction is. Failure to familiarize yourself with terms such as this is a recipe for disaster, as other bidders will take advantage of your lack of knowledge. Winning profitable units at auction requires proper planning and education, which is why it’s important for newcomers to learn the terminology used in this industry. So, what is a blind storage auction? A blind …

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Did You Know? Storage Auction Tricks of The Trade

Arrive Early Whether this is your first storage auction or your hundredth, you should make it a point to arrive early. If the auction is scheduled to begin at 11:00 AM, for instance, arrive no later than 10:45 AM. This will give you plenty of time to complete any necessary paperwork (usually required for first-time bidders), and you can get a feel for the storage units and other bidders. The bottom line is that you should arrive early to all …

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How Humidity Affects Self-Storage Units

Self-storage units typically fall under one of two different categories: climate-controlled and non-climate-controlled. Climate-controlled units offer a higher level of protection since the temperature and humidity are both regulated. When items are stored in environments of fluctuating humidity, it can open up a whole new world of problems, which we’re going to discuss in greater detail here. Pests You might be surprised to learn that humidity (or lack thereof) can attract numerous types of pests to self-storage units, including dust …

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Storage Auction Myths and Misconceptions

Every Unit Is Valuable If this were the case, you’d see a lot more people bidding on storage units. The fact is that some units contain valuables, and others don’t. It’s up to you to determine whether or not a unit is valuable, and if so, how much to bid. Performing a visual valuation on a unit isn’t an easy task, but you’ll eventually learn which items to look for. You can check out some of our previous blog posts …

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I Won My First Storage Auction. What Happens Next?

This is a question many new storage hunters ask themselves. It may not happen on your first trip, or even your second, but you will eventually win a storage unit at auction. As the winning bidder, you’re responsible for completing several tasks, some of which you may already know but others you may not. While the rules regarding storage auctions vary depending on the facility, most require the winning bidder to remove all contents from the unit within 24-72 hours. …

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Don’t Get Blacklisted at Storage Auctions

When a self-storage facility blacklists you from participating in future auctions, it can spell disaster for your business. Granted, you’ll still be able to participate in auctions hosted by other facilities, but these facilities may be farther away, have more competition, and yield less valuable items. The bottom line is that you should take certain precautions to ensure you remain in good standing with all self-storage facilities that you do business with. What Is Blacklisting? Blacklisting is another term for …

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Veteran Tips For First-Time Storage Auction Hunters

Congratulations on your decision to enter the rewarding, and lucrative, business of self-storage unit auctions. While many people begin this venture as a side hobby, it often turns into a full-time job. But buying storage unit auctions and reselling the contents isn’t a walk in the park. You must have a clear understanding of price valuation, proper bidding techniques, and most importantly the desire to succeed. Create a List of Nearby Self-Storage Units One of the first things newcomers should …

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5 Tips For Choosing The Right Location For Your Retail Business

One of the most critical steps in launching a retail business is choosing a location. The wrong location will negate all of your hard work by discouraging customers, but the right location will help you move product more easily and in less time. Whether your store sells apparel, jewelry, groceries, sporting goods, pet supplies, convenience items, or any other consumer product, you need to carefully choose the best possible location. Keep reading to learn 5 important tips on how to …

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Storage Auction Tips For The Winter Season

Some storage unit hunters automatically throw in the towel and call it quits during the winter season. The cold temperatures and unpredictable climate add a new dynamic to this competitive business. However, this can actually prove beneficial, as it discourages newcomers from attending auctions. If you’re willing to put forth the effort, you’ll find the winter months are a lucrative time for storage auctions. Yes, you’ll have to endure cold weather and potentially even snow, sleet and rain when attending …

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Assessing The Value of a Self-Storage Unit

Ask any seasoned storage unit hunter and they’ll agree: one of the elements of success is knowing how to accurately asses the value of a self-storage unit during the initial bidding stage. Blindly tossing out blinds without a clear indication of its value will run your wallet dry. Granted, you may still score some lucky units here and there, but blindly bidding without proper value assessment isn’t a formula for long-term success. Bid Only on What You Can See Rather …

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Beware of Storage Unit Bidders Trying To ‘Run Up The Bid’

Nearly every seasoned storage hunter will come across bidders trying to “run up the bid” at some point in their career. If you fail to acknowledge this technique and adjust your own bids accordingly, it can quickly drain your finances while leaving you nothing to show for it. So, what exactly does the term “run up the bid” mean? It involves one or more people bidding on a storage unit for the sole purpose of forcing the winner to pay …

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What Should I Bring To a Storage Unit Auction?

Pen/Pencil and Notepad From the moment the auctioneer breaks the lock and opens the unit, you should immediately begin writing down items of potential value. If you notice an item that you believe is of value, make a note of it on your notepad. You can even write an estimated dollar value next to the name. Doing so will give you a better idea of whether or not a unit is worth bidding on. You don’t need to any fancy …

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Storage Auction Bidding Strategies: What You Should Know

Bidding is a critical element in determining the success of a storage auction business. You must know know when, how, and what to bid in order to succeed in this highly competitive business. Calling out a dollar amount higher than the previous bidder is a recipe for failure. It may work on occasion, but nine out of ten times this tactic will drain your wallet without giving you anything to show for it. Don’t Let Your Emotions Cloud Cloud Your …

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Fabric Found

Fabric Found   I have been a life long seamstress. My mother is an incredible designer/seamstress who dressed her 3 daughters in clothing with so much style, that we would have to “Model” our outfits everywhere we went.   My Aunt took sewing to an Exquisite Art Form creating clothing with amazing detail and perfection. My Grandmother made quilts and blankets and pillows and pajamas that were done with so much love, that I have kept them all of these …

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How to have a Successful Garage Sale

Tips for a successful Garage Sale!! There are a variety of tips out there for having a successful garage sale! But garage sales do not happen over night!!!  Oh sure!  You could take a bunch of your old junk and throw it out on blankets in your driveway and hope that someone comes by to buy it all up!!  But, Garage Sales have become an Art form!! And a SUCCESSFUL Garage Sale has become a Work of Art!! So I …

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Storage Unit Auction Tips: Telling Junk from Treasure

In 2010, NPR did a story called “Needle in a Crapstack” that was part of a series titled This American Life. The story details how storage unit auctions work and follows a group of storage unit auction “veterans” in Northern California. The speaker informs listeners that there are over 2.35 billion square-feet of self storage units across the United States and puts this number in perspective by stating that every man, woman, and child in the U.S. could collectively stand …

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Storage Unit Auctions: The Not-So Desirable Finds

So, the other day, Chelsea, who works here at StorageUnitAuctionList.com and is an amazing and creative writer, researcher and finder of Far Out Facts, came to me with this piece she had worked on and asked me what I thought. “Whoa!” I hollered. “Everyone needs to read this!!!!! OMG!!!! Amazing!” So, with that being said…Chelsea and her fascinating work, takes over the blog today! Very very Interesting!!! What do YOU think? What really lies behind the doors of storage units…? …

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Pricing For Resale

Pricing Your Stuff:  from garage sales to brick-and-mortar stores to online sales. When setting a price for an item, you must consider exactly where that item is going to be sold.  Will it be sold at a Garage Sale?  Will it be sold On Line?  Will it be sold at a shop? So many things to consider when setting a price! I chose 10 items from around my home and I went to my handy websites to estimate how much I could ask …

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Selling Items in the Classifieds

Oh My!!!!!!!!!!!!!!!!!   I MUST tell you how EASY it is to post your items in the Classified Section of storagunitauctionlist.com !!!!!!!!!!!!!!!!!!!!!!!!!!!   For years, I have posted things for sale on Ebay, Craigslist, Facebook swipswap, Etsy etc., etc.  I usually greeted the task with procrastination and fear.  I am not a computer Whiz Kid, so lots of instructions on how to upload an item always baffled then frustrated me!!!  I really, really wanted to use these new classifieds!  So, finally, I threw myself into the …

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Reselling the Super Bowl

Anticipation and nervous excitement rises among football fans as the largest annual sporting event, the Super Bowl, approaches. That’s not the only thing on the rise, though. Ticket prices for the big game are high enough to make even a die hard fan think twice about seeking purchase. Loyal fans anxiously watch their teams, and will them toward victory as they move closer to the biggest game of the year. Many are clenching their jaws and grinding their teeth as …

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Storage Units are Like a Box of Chocolates…

Sometimes you get a little more than you bargained for. In my research, I stumbled across some amazing footage of a locker sold, sight-unseen, to an entrepreneurial spirit with limited experience in the field. I was fortunate enough to track down the owner and interview him on his experience. “I was hoping for some priceless antiques. Maybe some gold. You know, just like on that show on that channel. To be honest, after cutting the padlock and not seeing any …

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don’t THROW it BACK THURSDAY

Here’s another thought on how to get the most bang for your hard-earned buck from your storage unit. You did your research, you snagged the bin you wanted at the auction. Trust your budget, your instinct, and your bidding savvy. Now it’s time to squeeze absolutely every possible dollar out of that investment. Sure, with all the time in the world, you can off-load even more items at your resell business; but, who has all the time in the world?! …

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One Man’s Trash is Another Man’s…Vintage Suitcase Chair

So you’ve sifted through all of the vinyl, the nicely finished dining room sets, and the passable mattresses, it’s time to load up everything else in your locker and haul it over to the dump, right? I mean all this stuff is junk, isn’t it? The clearly identifiable collectibles are going gently into the back seat; but, I thought the rest of this has no real resale value. Confused yet? Okay, folks, I’m gonna make it up to you. Let’s …

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Avoid Nightmare Storage Units

Halloween is tomorrow! How did that happen and where did the rest of October go? While children wait all year long to go out searching for treats door to door, as a storage auction hunter you regularly go trick or treating, going door to door at each storage auction, waiting for the door to open and anticipating how much loot you’ll walk away with. Each storage unit auction you attend is a toss up. Some units contain your favorite treats, …

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Kill Them With Kindness…Dealing With Previous Tenants

At Storage Unit Auction List, we hear the same worry and/or complaint from storage auction hunters and resellers. They often wonder what they should do regarding previous tenants and returning personal paperwork and mementos to these buyers. From critics of the storage unit auction industry, we often hear complaints about the basics of the business. They wonder, rather vocally, how others can make a profit from the misfortune of others. From others who are considering getting into the industry, we …

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How to Dispose Electronics Won at Auction

When was the last time that you purchased a new smart phone, tablet, MP3 player, laptop, desktop, or television…. Was it this year? In the past few months or even the past few weeks? Maybe you got a new gadget at the beginning of the year and then the new model was released, making your phone yesterday’s news. So of course, your phone starts to look like an outdated junker to you and you have decided to trade up. All …

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3 Summer Networking Tips

Networking Barbeque and/or Pool Party! What’s better on a hot day than jumping into the pool for a dip or enjoying a hot dog fresh off the grill? Almost nothing. As you build your storage auction resale business network, it will be important for you to get to know the other buyers and sellers at storage auctions that you regularly attend. People like to sell to and from people that they like. You can use these contacts to build a …

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Heat Waves Aren’t The Only Extreme Weather to Watch Out For!

Yesterday, we gave you 5 Tips For Beating The Heat during these summer months when the temperatures swelter. But heat and humidity aren’t your only foes as a professional storage auction hunter and reseller! A report released this week from the Small Business Majority and the American Sustainable Business Council makes the case that small businesses in the United States are “uniquely vulnerable to damage from extreme weather events,” and that the collective impact of widespread disaster recovery and business disruption can …

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Beat The Heat: Seeking Auctions in Climate Controlled Facilities!

Climate Controlled Units Are Preferable During Summer As the summer temperatures continue to sizzle, seek relief from the heat by attending indoor, climate controlled storage auctions whenever possible! Climate controlled units are fairly common these days, and many people choose to rent indoor, climate controlled units to help better protect their belongings. This is great for you as a storage unit auction hunter, because this means that the items inside the locker may be more valuable, and better well preserved …

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How Donating Can Help Your Bottom Line

For years, I have gone through the motions of cleaning out my closet every two times a year or so. It’s always an undertaking that I dread, but always feel better about after the fact. Whether I was tossing Christmas gifts from well-intentioned but off the mark relatives that I didn’t have the heart to return, items that no longer fit, things I had forgotten I owned, or simply items that were no longer my style, I painstakingly maul over …

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Keeping Up With Storage Unit Auction List!

Testimonial Survey Contest We love hearing what you have to say! And just to show you that we’re serious about this claim, we’re launching a new contest that is only open to our current subscribers! Fill out the short survey to let us know what you love about Storage Unit Auction List and what new features you’d like to see added to the site. We’ll be choosing five winners based on their testimonials. The contest is open until June 10th. …

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DIY Advertising Online For Your Business!

As an entrepreneur, marketing yourself is a contributing factor to your success, and can actually make or break your business. From commercials to radio, television, and print advertisements have long been marketing staples to get the word out. To create quality marketing campaigns, many people have hired advertising firms for help to develop their brand and message, and to target that message to the demographic that they are helping to sell to. However, it is now easier than ever to …

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Sell Designer Clothing Won at Auction: 5 Sites You May Not Have Heard Of!

Storage units and clothing go together like peanut butter and jelly, like bacon and eggs, like two peas in a pod. You get the point. And clearly, the knowledge that somebody’s hungry. Have you ever won a unit that didn’t contain at least one box of clothes? Probably not. Clothing is commonly stored in storage lockers. Whether the original owner was seasonally storing clothing, or if they just ran out of room in their dresser for their entire collection, lockers are regularly …

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A Newbies Perspective: Attending My First Storage Auction

Over the weekend, I decided it was time fore me to get in on the auction action. I wanted to get a first hand experience of exactly what happens at each auction. My research started a few days before the auction. I started by using the Storage Unit Auction List state by state database, and was able to quickly find an auction in our company’s home city of Asheville, NC. On the day of the auction, I got up much …

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5 Strategies For Disposing Electronics Won At Auction

Finding outdated household, business and consumer electronics is an everyday occurrence  in the day in the life of a storage unit buyer. This is especially true in today’s market, where new devices are constantly being produced.  Here are 5 strategies for unloading these items. Sell Depending on the age of the items you find, you may be able to successfully sell them. While they may seem dated to you, somebody may be hunting to purchase one. Let’s use the iPhone …

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Customer Profile-Bill Ott, Distressed Restorations

At Storage Unit Auction List we are very lucky to have a loyal fan base of subscribers who are independent business owners and entrepreneurs with great stories to share and who have tons of information on the auction and resale business.  Recently, I got the chance to interview one such subscriber, Bill Ott of Distressed Restorations in Elicott City, Maryland. We are thankful anytime one of our subscribers so willingly allows us to pick their brains for insight into the …

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The Complete Guide to Refurbishing Found Furntire: Part 4

We’ve come to the end of the line. You now know where to go to get inspiration for your projects, the basic  tools you’ll need to get started, and some of the most popular methods for creating something fresh and turning old junk into distinctive treasure. Here are our last four tips for turning your uninspired auction buys into one of a kind products that will help you to maximize your profit! Distressing Distressing furniture is my favorite restoration method. It …

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The Complete Guide To Refurbishing Found Furniture: Part 3

Put A Bird On It! When I think of DIY and refurbishing, I am always reminded of the popular Portlandia sketch, Put A Bird On It! I’ve watched it dozens of times and somehow it still always makes me laugh. Refurbishing can be as simple as Putting. A. Bird. On.  It. But it can also include a thorough process of staining, painting, and more. Either way, you’ll reap the benefits of your elbow grease investment when you are able to …

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The Complete Guide To Refurbishing Found Furniture: Part 2

Safety First Kids First thing’s first. Refurbishing dilapidated furniture to sell it for a profit can actually be enjoyable! But you know what’s not fun? Splinters, vapor fumes, chemical burns, and cuts/scrapes. Ain’t Nobody Got Time For That. While the process can be fun, safety is no laughing matter, so keep these tips in mind before you get started. Safety goggles are your friend. Wear them when you’re working with power tools and to help protect your eyes from fumes. …

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The Complete Guide To Refurbishing Found Furniture: Part 1

One Man’s Trash… It is no secret that storage lockers are often full of old furniture. Occasionally the furniture is rare or an antique (or both) and can be sold on its own to make a healthy profit.   More often than not, the furniture that you find in your units will be inexpensive, run of the mill pieces. These pieces may serve as your bread and butter, but they lack the “wow” factor. You may even find yourself regularly …

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Death and Taxes

In 1789, Benjamin Franklin wrote, “In this world nothing can be said to be certain, except death and taxes.” (Of course this quote originates from a politician!) In 2013 this still remains true. Taxes are a necessary evil if your storage auction hobby has turned into a full time business. Seller’s Permits and Resale Certificates are integral to your business for tax purposes. Here’s where it gets a little tricky. Some states use one term over the other, and some states …

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It’s The Most Wonderful Time of the Year to Sell Your Holiday Decorations!

Sorting Your Decorations Tis the season to divest yourself of all the holiday décor you’ve amassed over the year with each storage locker you’ve purchased! Christmas decorations are one of the most commonly found items in storage lockers, and the best time to sell these items is the months leading up to Christmas when these items are in high demand. While selling these items can be time consuming, the payoff can be worth the extra effort. Before selling your décor, …

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Turning Auction Finds into Christmas Presents

Stuck in A Christmas Shopping Rut? Shopping for your loved one during the holidays can be difficult. The thought of the dreaded holiday mall traffic is enough to cause nightmares. Not to mention the stress of finding the perfect gift for everybody in your life. What do you get for the friend that has everything? And does your dad really need another tie? Storage units can be a great place to find gently used or even brand new goods that …

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What I Learned From Storage Wars…

My Introduction to Storage Wars Being that I’m new to the world of storage unit auctions, I decided to rent several seasons of the popular A&E show, Storage Wars to acquaint myself with the show and its cast. While I may be new to the storage unit auction landscape, the rush of getting a good deal is universal! I was excited to dive into the show and find out just how the pros make their money by buying units and …

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5 Simple Steps to a Cleaner Space and a Happier Storage Hunter

Junk and storage auctions kind of go hand in hand—practically any storage auction you win, no matter how profitable, is bound to have some junk. So where does that junk end up? Some people throw it away. Some people donate it to thrift stores…and others collect it in their garage until there’s no room for a car, or even a bicycle, for that matter. Although you might just have a bicycle somewhere in that mountain of stuff…but you wouldn’t know that unless …

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How to Sell Your Haunted Items on eBay

Did you read our article last week about finding haunted items in your storage unit? Well, if you’re starting to think that one of your storage auction scores truly is possessed, there’s only one thing you can do with it: Sell it on eBay! Here’s a comprehensive guide to finding and selling the best haunted items on eBay. (note: the following suggestions are to be taken as seriously as you would take a haunted rubber ducky.) Finding the Haunted Item …

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Make a Halloween Costume Out of Stuff from Your Storage Unit!

Whether you’re aware of it or not, Halloween is this Wednesday. That’s right. The day after tomorrow. You’ve spent the entire month procrastinating, whether you were busy with storage auctions or watching reruns of Storage Wars. But now the big day is almost here. Unlucky for you, you’ve failed to get two of the most important things you need for a successful Halloween: candy for the trick-or-treaters, and costumes for your family. The local Wal-Mart looks like a barren wasteland: the only candies left …

Read MoreMake a Halloween Costume Out of Stuff from Your Storage Unit!

How to Make Enemies at a Storage Auction: Now With More Cats!

Yesterday I wrote an article about how to make friends at a storage auction….but I know what you’re really thinking. You know what Val, forget friends! I want everyone to hate me at storage auctions! I don’t want anyone to talk to me or help me out ever. Yeah, I want to be a jerk! Well, you’re in luck, because I’ve just composed a list of some helpful tips that will make you even more despicable than Dave Hester. And …

Read MoreHow to Make Enemies at a Storage Auction: Now With More Cats!

10 Creative Ways to Upcycle Storage Auction Junk: Part 2

Did you try out any of  last week’s upcycling projects over the weekend? Still have a bunch of junk from your latest storage auction left over? Here are the last five ideas to get you in a creative mindset! Just remember: Work with it, or live without it! Newspapers Contrary to what you might think, that old Kennedy assassination newspaper you got at the latest storage auction isn’t going to fetch you thousands of dollars. In most cases, you’ll be lucky …

Read More10 Creative Ways to Upcycle Storage Auction Junk: Part 2

10 Creative Ways to Upcycle Storage Auction Junk: Part 1

Buying from storage auctions is a great way to recycle used goods in your community around you. Keeping usable goods out of landfills greatly helps reduce our impact on the environment and the wonderful world we live in. For the environmentally conscious folks among us, you might be wondering what the heck you can do with that stuff you end up with that you just can’t sell. Well…why not upcycle it?! Upcycling is all about thinking outside of the box…and …

Read More10 Creative Ways to Upcycle Storage Auction Junk: Part 1

How to be a Compassionate Storage Hunter

Many auction hunters face criticism from do-gooders who assume that the storage auction industry is built on a pile of misfortune, cheats and lies. While nobody will deny that it’s sad when people fall on hard times and lose their belongings, the media sometimes likes to paint very ugly (and inaccurate) pictures of what storage auctions really are. The fact of the matter is that this industry is not as heartless as many seem to think…and in fact, it can …

Read MoreHow to be a Compassionate Storage Hunter

The Common Junk and How to Get Rid of it

While we must always remain hopeful that we’ll someday find that proverbial pot of gold at a storage unit auction, we must also come to terms with the fact that there will be a lot of common, everyday junk in the storage units that we buy. This junk, however, will most likely be the bulk of what you sell, so it’s best to get used to it and learn how to profit off of it. Here are few of the …

Read MoreThe Common Junk and How to Get Rid of it

Fees, Fees, and More Fees!

So you’ve decided that your limit at today’s storage auction is to spend $400 on a locker. Okay, sounds reasonable. Naturally, you go to the bank and withdraw $400 from your savings account. Stop right there! You’re going to need more than just $400! I know, you’re probably confused because you just said your limit was $400…so what’s the deal? Well, did you take into consideration any of the fees you’ll have to pay at the auction? If you want …

Read MoreFees, Fees, and More Fees!

Don’t Base Your Bid On…

When it comes down to it, making money off of storage auctions is a huge gamble. You never really know what you’ll find in a storage unit until you’ve won it and you’re picking through it. So does that mean you have to blindly throw your money down on a unit and hope for the best? Of course not! Here at Storage Unit Auction List, we’re all about giving you the best advice on being an educated buyer, so when you take …

Read MoreDon’t Base Your Bid On…

Guest Blog: Organizing Your Winnings

  Winning a storage auction is awesome, especially when there are a lot of valuable items inside, but the subsequent organization process that follows can be trying at times. Personally, I recommend creating three piles – one for items I intend to sell immediately, another for things I intend to keep in my home, and a third for the items I will place in storage for the time being. Although it’s somewhat ironic that some of the treasures that you’ve …

Read MoreGuest Blog: Organizing Your Winnings

Storage Hunting with a Resale Permit

There’s nothing quite as annoying as taxes. We all have to pay them, no matter what. It’s an inevitable burden that comes along with living in “The Land of the Free”. Even at storage auctions, many facilities charge sales tax on every unit you purchase. But what if I told you there was a way to avoid paying taxes on the units you purchase? Yep, that’s right—with a resale permit, you don’t need to pay taxes on anything you buy to …

Read MoreStorage Hunting with a Resale Permit

An Interview with John: an Educated Buyer

Here at Storage Unit Auction List, we love talking to our subscribers. Any time we can chat with you and hear about your experiences in the industry, using our services, or anything else storage auction related…we pretty much jump on the opportunity. Trust me, we’re all ears. So when one of my coworkers here in the office passed on John’s contact information to me, I was very excited to have the chance to talk to him. In the 3 years …

Read MoreAn Interview with John: an Educated Buyer

The ABC’s of Storage Auctions: Part 1

No, these aren’t your Grandma’s ABCs. We’ve compiled a list from A-Z of helpful terms and tips that will help you become a more informed (if not better) storage hunter. Who knows, maybe you can even share the list with your aspiring little storage hunting tots. Auctioneer – The man or woman responsible for running the storage auction, popularly known for the “auctioneer’s chant”. Some facility owners will hold the auctions themselves in order to cut the cost of hiring a licensed auctioneer.   …

Read MoreThe ABC’s of Storage Auctions: Part 1

The Gentleman & Gentlewoman’s Guide to Proper Craigslist Etiquette: for the Seller

  For some storage auction hunters, Craigslist is an essential facet to their selling strategy. With good reason; Craigslist is completely free and it’s by far one of the easiest ways to reach out and connect with potential buyers and sellers in your area. However, since it’s so easily accessible, and you don’t need to worry about a seller’s rating or positive feedback…people seem to immediately forget about etiquette. Yes, there is a certain etiquette involved in all aspects of …

Read MoreThe Gentleman & Gentlewoman’s Guide to Proper Craigslist Etiquette: for the Seller

The Fashion Wars of Storage Wars

When attending a storage auction, it’s in your best interest to dress appropriately comfortably. But what exactly should you wear? Do you need some fashion inspiration? You can take some inspiration from the storage hunters on TV, but do so with caution…or you’ll be making a total fashion flub. Today, I’m playing the role of fashion police as we take a look at two of TV’s most stylish storage hunters from A&E’s incomparable hit series, Storage Wars. So…who will win today’s fashion …

Read MoreThe Fashion Wars of Storage Wars

Storage Auctions and the Art of Bartering

Good old fashioned bartering: the art of trading your goods for another person’s goods is a time honored tradition that’s older than America itself. As a storage hunter, this skill can be very useful to you. So how exactly do you make it work for your storage hunting life style? Keep Your Friends Close Before you even leave the storage auction, you can do some serious bartering right at the facility. This is where having connections and knowledge of your …

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If at First You Don’t Succeed at a Swap Meet…

Something similar has probably happened to everyone. You just scored a great unit at one of your local storage auctions. Maybe you found five boxes filled to the brim with CDs, or a ton of tools, or maybe some collectible Hot Wheels cars. You’re probably thinking that these things are going to sell like crazy at your next swap meet, right? Well, what happens if you don’t sell a single one of these items? Does this mean they’re worthless and …

Read MoreIf at First You Don’t Succeed at a Swap Meet…

Customer Profile: LadyLocks58

Today I had a nice chat with one of our subscribers, a woman named Fran Kass—also known as Ladylocks58. I discovered Fran after she left us a great comment on Storage Unit Auction List’s Facebook. With a name as cool as LadyLocks58, I knew I had to find out more about her. I’m glad I did! Fran is part blogger, part storage hunter, and all kinds of awesome. She’s bold, quick witted, and has a great sense of humor—three things …

Read MoreCustomer Profile: LadyLocks58

Guest Blog: 6 Things to Watch Out for During a Storage Auction

I’m very excited to introduce John Donegan, the content writer for our friends at www.sparefoot.com. John will be joining us once a month with his unique insights, and I’ll be doing the same over at Spare Foot–so make sure you head over there too for more great blog posts! But right now, I’m gonna kick back, relax, and let John do the writing! Despite all the stories you’ve heard of people striking it rich at storage auctions, unfortunately there are …

Read MoreGuest Blog: 6 Things to Watch Out for During a Storage Auction

Storage Unit Auction List’s New and Improved Account Area!

If you’re not a subscriber to our website yet, boy oh boy, now is the best time ever to sign up. First we introduced our $1.99 week long trial subscription….and now, we’re happy to share with you the amazing, new, easy to use account area for subscribers! What’s not to love?! Not only does the new account area look a lot nicer, there’s some cool new features as well as great improvements on features you’ve grown to know and love. Let me give you …

Read MoreStorage Unit Auction List’s New and Improved Account Area!

How to Find the Best Local Storage Auctions

If you’re new to the storage auction business, it’s a very good idea to stay local when searching for auctions. But how exactly do you find the best local storage auctions? With a little help from StorageUnitAuctionList.com, as well as some pro tips that will put you ahead of the game, you’ll be bidding at local auctions in no time! Storage Unit Auction List is Your Friend! First and foremost, the easiest way to start tracking down local auctions is …

Read MoreHow to Find the Best Local Storage Auctions

How Far Should You Travel for a Storage Auction?

Imagine it: The thrill of the open road, the wind in your hair, the prospect of hitting the jackpot in the big city—no, you’re not going to Vegas—but to a newbie, the idea of traveling across state to a storage auction can seem just as appealing. While road trips are always fun, is it really in your best interest to travel 4 hours to the closest city, just for a storage auction? Especially if you’re new to the business and …

Read MoreHow Far Should You Travel for a Storage Auction?

Storage Pioneers: A Brief History of Bekins Moving & Storage Co.

The year is 1891. 121 years ago, to be precise.  America’s economy is alive and well. Finally, families have the money to buy luxury items–new furniture,  maybe some toys for the kids, pretty new dresses for mom, and Civil War books for dad. With all of this new-found money and opportunity, people are beginning to move all over the country–some are moving to the cities in hopes of making it big, some are moving to the country to get away from the rat race.  Doesn’t sound …

Read MoreStorage Pioneers: A Brief History of Bekins Moving & Storage Co.

Why Now is a Better Time Than Ever to Become a Storage Hunter

There are plenty of good reasons to get started in the storage auction business. The allure of finding priceless treasures, the prospect of making a living off of something you love doing, being able to learn new things and become an expert—sure, those are all awesome and valid reasons. But what would you say if I told you I have actual statistical data that proves this industry is booming, right this very instant? The Cold Hard Facts According to the …

Read MoreWhy Now is a Better Time Than Ever to Become a Storage Hunter

Interview with an Auctioneer: Daryl Bagwell

I had the opportunity to chat with a real live, 100% genuine auctioneer who lives and plays at The Bagwell & Associates Auction Company in Fletcher, North Carolina–just 20 minutes shy of the Storage Unit Auction List headquarters in Asheville. Meet Daryl Bagwell—everything you’d expect from an auctioneer—friendly, talkative, and a great sense of humor. Mr. Bagwell was kind enough to give me a behind the scenes look of what it’s really like to be an auctioneer. The Beginning of …

Read MoreInterview with an Auctioneer: Daryl Bagwell

The Storage Buyer’s Guide to Using Etsy.com: Part 2

And now for Part 2, the thrilling conclusion of your guide to selling on Etsy! As I promised last time, I’m going to go over what items are your best bet to sell to hopeful vintage hunters. Let’s jump right into it! Strategize: Know Your Audience! Now, before you decide to use Etsy to sell your super rare mint condition 1859 Indian head coin for $7,000…..you might want to rethink that. Etsy is targeting a very specific demographic. Most people …

Read MoreThe Storage Buyer’s Guide to Using Etsy.com: Part 2

The Storage Buyer’s Guide to Using Etsy.com: Part 1

No, I’m not suggesting you should give up the storage auction biz and become a full time arts-n-crafter on Etsy. Believe it or not, everyone’s favorite craft website can be used to the storage buyer’s advantage, too! Put away the glitter glue and knitting needles for now though–you might already have a unit filled with things you can sell on Etsy. An Introduction: Etsy? Huh, What’s That? Etsy.com has boomed in popularity since it first launched in 2005 as a …

Read MoreThe Storage Buyer’s Guide to Using Etsy.com: Part 1

LostInStorage.com: Return Precious Memories and Lighten Your Load

  For some people, there’s a moral dilemma with storage unit auctions. How could you possibly take advantage of another person’s misfortune like that? Others follow the time honored mantra “you snooze, you lose”–I bought it fair and square. While it’s true that tenants have ample time to pay their delinquent fees and get their goods back…well, sometimes life gets in the way and it’s just not that easy. And sometimes, as the new owner of one of these units, …

Read MoreLostInStorage.com: Return Precious Memories and Lighten Your Load

Meet James “Griff” Griffith: Storage Warrior, Desert Prowler, California Swap Meet King

StorageUnitAuctionList.com provides storage auction attending information to thousands of subscribers in every state in the country.  However, sheer numbers don’t tell the whole story.  Of those thousands, there are elite veteran storage hunters who subscribe to us on a yearly basis.  I’ve been scouring the country for  full-time practitioners who know this business inside and out, who can tell us what it’s like out there for an authentic storage flipper.  I knew that if I kept digging, I would find …

Read MoreMeet James “Griff” Griffith: Storage Warrior, Desert Prowler, California Swap Meet King

Guide to Tripling Your Storage Auction Investment: Part Three

We’ve reached it.  The final installment in the storage auction resale trilogy.  We’re going to talk about the final blows you are going to make to the inventory you won a three weeks ago inside two types of units: a cheaper, promising unit, and a monstrously packed, sure-shot unit.  By the end of this process, you will only have a few pieces remaining, selling themselves on Craig’s List and eBay. As you go forward, realize that this is a blueprint …

Read MoreGuide to Tripling Your Storage Auction Investment: Part Three

Guide to Tripling your Storage Unit Investment: Part Two

Welcome back.  If you read the last blog post, “Guide to Tripling your Storage Unit Investment,” we began crafting a strategy guide for you to make the most of your time after winning at the storage auctions and tripling your investment.  Here’s Part 2 of our trilogy detailing what steps you should be taking, in what order, and with what little touches of care to guarantee that you’re chipping away at your storage inventory in big chunks. The Next Work …

Read MoreGuide to Tripling your Storage Unit Investment: Part Two

Guide to Tripling Your Storage Unit Investment: Part One

In the storage auction buying business, it is difficult to calculate a monthly income to exactitude.  This is the primary reason why people shy away from doing it full time until they can compose a multifaceted resale plan, usually based on a few months of trial and error.  As you first embark in your treasure trove hunting, or are getting in over your head a little bit already, you should really focus on making “tripling your locker investment” a good …

Read MoreGuide to Tripling Your Storage Unit Investment: Part One

Braving Bad Weather Storage Auctions

Did a little rain keep Captain Ahab from pursuing Moby Dick miles off shore?  What about Columbus, De Gama, and Ponce De Leon?  Because no one else was willing to do it, sailing and overcoming miles of mysterious ocean eventually made them all quite famous (not to mention wealthy).  Want a modern day example?  How career defining was Adam Vinatieri’s 2001 AFC Division Game winning overtime field goal boot in a foot of snow?  Could anybody have done that? Only …

Read MoreBraving Bad Weather Storage Auctions

Storage Auctions Secrets: Mystery Units and the Fifty Dollar Rule

Sadly, many neophytes to self-storage auction hunting will go bidding berserk their first week of auctions and retire early.  So anxious to get the ball rolling on their inventory boosting, they get swept up in a throng of experienced bidders and “win” a unit for twice as much as it is worth.   Doing so could easily  exhaust a beginner’s auction start up capital and compel them to write the whole thing off, simply because they thought it was so …

Read MoreStorage Auctions Secrets: Mystery Units and the Fifty Dollar Rule

The Republican Storage Hunter-in-Chief Race (Part 2 of 2)

The Republican Primaries were grueling and all knotted up for a while, but there can only be one Storage Hunter in Chief emerging from the pack.  Yesterdays blog wove a story of some of the less effective bidding personas who dropped their hat in the ring.  Now, let’s look at those who won America over with well orchestrated bidding campaigns.   ::The Ron Paul (Auction Prophet):: For “The Ron Paul” bidder, the definition of winning is no longer about the …

Read MoreThe Republican Storage Hunter-in-Chief Race (Part 2 of 2)

The Republican Storage Hunter-in-Chief Race (Part 1 of 2)

One great thing about getting involved in storage auctions on a regular basis is becoming a notable figure in the bidding crowd.  When you become part of the “in-circle,” the main advantage is you can form a network of cooperation with your colleagues and meet at least some folks in the middle about lockers you desire and ones they desire. “Reaching across the aisle,” as they say. Maybe modern politicians could benefit from such an ideal.  While the Republican Party …

Read MoreThe Republican Storage Hunter-in-Chief Race (Part 1 of 2)

Second Hand Social Acceptance, Storage Hunting Renaissance

  Depending on what demographic or neighborhood a person grew up in, there may exist a peculiar taboo in their bloodstream against accepting or buying things second hand.  When I think back to how I was unwittingly caught up in a dire need to have mail order catalogue clothes as a preteen, I just feel bad for my parents, who were buying the same  for the three other trend setters I lived with. Luckily for storage auction sellers and the …

Read MoreSecond Hand Social Acceptance, Storage Hunting Renaissance

E-Bay Revisited: Policies and Fees for Storage Hunters to Consider

Because of the holy host of random goods that will turn up in your storage unit winning escapades, it is very important to have a firm grasp on what is even possible for you to post on EBay.  Also, to understand how much fees play a role in your projected sales with this world-dominating web market. There are three categories of red-flag items in the eyes of EBay: Prohibited Items, Restricted Items, and Potentially Infringing Items.   Restricted Items are really …

Read MoreE-Bay Revisited: Policies and Fees for Storage Hunters to Consider

Getting a Head Start with EBay, Storage Unit Auction List Style

Although E-Bay has been around since 1994 and has slowly risen to be as much of a household name as Pop-Tarts, resellers should never underestimate just what an amazing resource for independent sales the site has become.  E-Bay has its own system of building report with customers that is paramount for brand new E-Bay users to get a grasp on.  It is never what you are selling, but how you are selling it which guarantees profits over time for the …

Read MoreGetting a Head Start with EBay, Storage Unit Auction List Style

Cautious Generosity: Returning Select Keepsakes to Previous Owners

Here at storageunitauctionlist.com, we do have a heart.  Sure, there are a million reasons why people’s storage lockers get left behind: some justifiable, some just lazy. A lot of the time, however, the tenant simply does not care enough to come back and reclaim their belongings.  Or similarly, they did care, but have moved on in life and need the money they would have paid in delinquent rent for more immediate life expenses. A karmic rule that is thrown around …

Read MoreCautious Generosity: Returning Select Keepsakes to Previous Owners

How Does Auction Hunters Measure Up?

If we’ve said it once we’ve said it a million times: storage auction shows are addictive, to a lot of different demographics.  Sure, we’ve speculated as to why—the surge of reality TV meets the downfall of the traditional game show, meets the desire to restore the American Dream, where the streets are paved with gold and everyone is making their own way. And Boom!  Now people want to watch something simple yet complex, something that fuels the imagination while simultaneously informing …

Read MoreHow Does Auction Hunters Measure Up?

The Best Storage Auction Lists in Life Aren’t Free

Editors Note: I want to make a sincere apology to Storagetreasures.com over the observation made about their “Contact Us” Link. That material has been deleted from the post.  I did not realize that it was a Mail-To link (as opposed to a link to additional web content), and that it works fine. Ironically, the old maxim “you get what you pay for” does not apply to winning storage units, because you more often than not get far more than what …

Read MoreThe Best Storage Auction Lists in Life Aren’t Free

Interpreting Auctioneer Chant and Using it to Your Benefit

The chant of an auctioneer is one of the most oft-parodied strains of the English language.  “can-I-get-a-two, got two here, two thousand, your outbid, how about fifty, can I get-a-two- fifty?” However, as you get started in the auction game, you are going to start getting very up close and personal with this rapid fire delivery, need to understand why it exists, and be able to decipher it so you don’t get caught up in the hubbub and overbid on …

Read MoreInterpreting Auctioneer Chant and Using it to Your Benefit

6 Reasons Why Storage Auction Hunting is Like New Romance (Part 2 of 2)

What else does the thrills of a new fling share with starting and maintaining a career as storage auction pro?  Here’s the rest of yesterday’s list.  Nothing but love! #4. They both take a lot of faith, but as M.L.K. said, “you don’t have to see the whole staircase.  Just take the first step.” So, everything with the new person is coming together, inclining you in the direction of love, even if though weren’t even looking for it (which is often …

Read More6 Reasons Why Storage Auction Hunting is Like New Romance (Part 2 of 2)

Treasure Hunter or Pack Rat?

There is a fine line between treasure hunter and packrat.  And what trade is out there that grinds at this line more so than ours?  Probably not many.  “Compulsive hoarding” is defined as “a pattern of behavior that is characterized by the excessive acquisition and inability or unwillingness to discard large quantities of objects that would seemingly qualify as useless or without value.” Such a transformation can take place unbeknownst to the avid storage auction goer, so we are here …

Read MoreTreasure Hunter or Pack Rat?

David Hester’s Hunter Heroism? Let the Debate Begin!

I will never grow tired of the phenomenon of television making overnight celebrities out of people.  If any of the Storage Wars stars have caused anything of a stir on the interweb, then it’s the notoriously loved/hated David Hester.  There is seemingly no reason that an owner of a consignment shop and storage auction junkie should be on par with professional athletes or film makers, but, it is what it is.   However, the most interesting thing about Hester’s stardom …

Read MoreDavid Hester’s Hunter Heroism? Let the Debate Begin!

Meet Barry Bailiff: Mover, Shaker, and Storage Unit Taker

Barry Bailiff is not the kind of guy to keep people locked behind bars, as his name might imply. Instead, he focuses his energies on what’s behind lockers. He has maintained a subscription to StorageUnitAuctionList.com despite leaving his family in a wintery world of work in Wisconsin for a transfer to the beautiful summers of Beaufort, South Carolina, and has been enjoying a revelation of storage hunting success in his new home that he might never have thought possible. I …

Read MoreMeet Barry Bailiff: Mover, Shaker, and Storage Unit Taker

It’s Called “Self” Storage for a Reason: A Response to an Auction Basher

Well, we know there are naysayers out there who love to tear down the storage auction profession based on out-of-touch judgments.  Here’s a quick news story of that caliber I ran across recently that I will gladly take a moment to rebut without remorse. The Scathing Article The article reads as follows: “With respect to your article “Trash or treasure? Think quick, bidders,’’ March 25, might I add the following comment? As a humanitarian, I was repulsed to know there’s …

Read MoreIt’s Called “Self” Storage for a Reason: A Response to an Auction Basher

The Magic Eye for the New Guy

The scrutiny of a good storage unit analyst is like a Magic Eye book.  Those without the magic tend to see a 2-d unit and often spend their turn trying to take in everything at once.  Yet, nothing really pops out of the picture.  Those that have been through the wire in this business can spend a fraction of the time as a newbie in their once-over and effortlessly separate the shiny, hidden picture, maintain it while blinking.  In other …

Read MoreThe Magic Eye for the New Guy

2 Uplifting Storage Units Chocked with German Gear

If you read yesterday’s blog, you would have read a deconstruction of a “Storage Wars: Texas” episode, where seemingly out of place items were magically discovered in all three hunter’s newly acquired units.  Hopefully, you learned a few things in the process of reading my intentionally caustic episode review, and maybe even gotten a few laughs. Yet, I can’t help but have the wool plucked from my eyes after reading so many up to date, interesting treasure stories today.  Stories …

Read More2 Uplifting Storage Units Chocked with German Gear

Remember the Alamo: Tuning into the Texas Storage Wars

Although we may never know for sure to what extent storage unit auction shows are authentic or rigged, we at Storageunitauctionlist.com know that they are a fun interpretation of the world we know best.  If you have been too busy with your own personal storage unit flipping efforts and the tube has been stationary for a while, today we’re going to review an episode of  “Storage Wars: Texas” and scan it over for signs of good practice, bad practice, as …

Read MoreRemember the Alamo: Tuning into the Texas Storage Wars

4 Venues for Maximum Value

Let’s face it. The units you win at storage auctions are not going to resemble ancient tombs excavated by Dr. Jones, with rows and hallways riddled with ancient artifacts, piles of cast-off gold coins to stroll across while looking for the real treasure. Depending on what you happen to discover in your legal lootings, you need to develop a consistent strategy in how you market most,  if not all, of the things you find. Let’s look at a typical formula for unloading …

Read More4 Venues for Maximum Value

Stowing it for Some Other Life: A History of Self-Storage

“Let’s start from the very beginning, a very good place to start,” sang Julie Andrews in the chipper film classic, “The Sound of Music.” Let’s take a note out of her staff and apply this approach to the self-storage world: How did America go from a blank, big sky country to the self-storage empire that is has become, boasting a staggering 2.35 Billion square feet of storage space and giving birth to nearly eighty percent of the world’s storage unit …

Read MoreStowing it for Some Other Life: A History of Self-Storage

3 Ways to Improve Your Bidding Success for Storage Auctions

Once considered one of the nation’s best-kept secrets for generating extra income, the auction business is now a rapidly growing industry with a sizeable following. Thousands of storage units go to auction each day, and the potential for high profit margins with minimal initial investment is evident.

But before you quit your job and begin practicing your poker face for a bidding war, consider this: you may have just discovered the revenue potential of storage auctions, but so has everyone else. Auction and re-sale markets are on the rise, and if you play your cards right you can come out on top – but competition is stiff. So before you bid, give yourself an edge with these tips from the pros.

Read More3 Ways to Improve Your Bidding Success for Storage Auctions

Glassware, Pottery, and More: Keep Your Eye Out at the Auction!

Anyone who regularly attends storage auctions knows that there’s no shortage of stuff of very little value in storage units. You may be the highest bidder on a unit and only end up being able to sell and make a profit off of one or two things in the whole unit. If you’re new to the storage auction world, it can be difficult to just eyeball a unit and guess how much money you’re going to make off of its …

Read MoreGlassware, Pottery, and More: Keep Your Eye Out at the Auction!

How to Make Sure You Don’t Overbid at Storage Auctions

One reason storage auctions are so exciting is the risk of bidding. You’re up against a crowd of people (hopefully not too many people) who may or may not know more about what they see in the locker up for auction. It’s easy to get wrapped up in a bidding war with people, driving up the price way too high. This isn’t always a bad thing. You may just win that goldmine of a bin. However, making this a habit …

Read MoreHow to Make Sure You Don’t Overbid at Storage Auctions

Where to Sell Items Won at Storage Auctions, Part 2 – Selling Offline

We’ve talked about where to sell your items online and the many platforms that are available for you to make money from storage auctions on the web. We’re going to follow up now and provide a list of places you can sell your items face-to-face, just like the old days. While selling online can be very profitable, some items can bring in more cash, faster, when selling offline.   Selling Your Items Offline Selling the items you won from a …

Read MoreWhere to Sell Items Won at Storage Auctions, Part 2 – Selling Offline

Where to Sell Items Won at Storage Auctions, Part 1 – Selling Online

The most exciting thing about winning a bin at a storage auction is seeing your return on investment. Once you win your bin, it’s time to dig through everything and find out the best place to sell your items. There are more appropriate places to sell particular items and you’ll learn from experience which platforms suit which type of product. Some products are perfect for selling online, some are only suited for offline sales. Below, you’ll find a list of …

Read MoreWhere to Sell Items Won at Storage Auctions, Part 1 – Selling Online

Tips on Making it in The Storage Auction Business

Approaching storage auctions as a business can be an exciting endeavor. It can also be one filled with reluctant doubt. Some go in expecting to make a full-time income without any experience. Of course, going in to anything without experience and expecting immediate success is a great way to set yourself up for failure. The fact that you can make a full-time income from attending storage unit auctions is true, but there are ways you can set yourself up for …

Read MoreTips on Making it in The Storage Auction Business

Know How Much to Bid at Storage Facility Auctions

When bidding on storage auctions, you never know what may come of it. While that is part of the excitement of going to a storage unit auction, it can also be pretty frustrating. Reality TV has made it look so easy, but it’s like anything else … you have to practice. The more you practice, the better you’ll get. If you give up, you’ll never know if that next bin could have turned you a big profit. We’ve talked about …

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Attend Regular Auctions to Improve Your Storage Auction Skills

One thing you should remember when attending storage auctions that you may not initially think of offhand … a storage auction is an auction. This sounds pretty obvious, but the whole culture of storage auctions has been pretty overwhelmed with hype due to the popularity of reality TV shows like Storage Wars and Storage Hunters. While it’s a different type of auction, it’s still an auction. So, naturally, attending regular auctions at auction houses will help you improve your skills …

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Strange but Important things to Look For When the Locker Door Goes Up

You’re standing in a crowd of people with your flashlight ready and cash in hand. The unit door rolls open and the crowd leans forward, flashlights flashing, looking for buried treasure among brown cardboard and lawn chairs. The auctioneer starts the auction and the bidding commences. The excitement builds within you and you’re fighting with yourself on whether you should just wait this one out or take a chance and bid. Storage auctions are risky. That’s part of the excitement. …

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Never Give Up!

If you’re just starting out with storage auctions, it may seem impossible that this business model could make you a full-time income. In fact, you may have been at it for a while now and you’re thinking about giving up. While that may seem like a feasible option, StorageUnitAuctionList.com would like to give you a better one. Don’t. There is but one strategy that will transform the fun hobby of being a storage auction hunter into a full-time income and …

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The Little Things Before the Auction

One of our most frequently asked questions is if anyone can attend a storage auction, and the answer is yes (however, some age restrictions apply on who can bid–18 is the magic number)! You don’t have to be a licensed and certified storage auction specialist (because those doesn’t even exist), but there are some things you will need to do before the auction. They’re pretty important, so listen up! It has been repeated here and throughout the site that it is …

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Heavy Lifting at Storage Auctions

In this industry you see a lot of picking up, a lot of moving and a lot of stuff. All together; a perfect recipe for a back injury. Lift with your knees! Check out these helpful tips for lifting heavy objects properly, as seen on our Hubpages article “How to Move the Contents of Your Storage Unit Without Mortally Wounding Yourself”. The More the Merrier First and foremost, you should always have a helper on the day of the storage …

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Just to Remind Everyone …

We’ve probably told you this a million times, and expect to hear it a million more times: Always, always always call the storage facility right before you head out to a scheduled storage auction to confirm it hasn’t been cancelled. It’s safe to say that this has become our mantra–but with good reason! Storage tenants are allowed to pay their debts and reclaim their property at any point prior to the auction. Thusly, it’s not unlikely for an auction to be …

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Free Storage Auctions Handbook: Buy Bins Like the Pros!

As a company we pride ourselves on being the best national database of storage auctions out there, but that’s just not enough. We realize that you need more than that to do well in the storage auction business, so a few of us here at StorageUnitAuctionList.com got together to compile the ultimate guide to storage auction success. We’ve included all the tips, tricks and subtleties you’ll ever need to know to become a seasoned storage auction professional. The new handbook …

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Don’t Quit Your Day Job … Yet!

As with any profit venture, it takes money to make money. And the worst thing an inexperienced storage auction bidder can do is expect to get rich quick their first time. Be reasonable! When you’re just starting out in the storage auction industry it is best to treat it as a hobby until you become comfortable with the whole process and develop a sense for the business. Of course, there are entire companies that base their inventory on storage auction …

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Become Tax Exempt

If your state charges sales tax and you are attending storage auctions in order to resell goods for profit, you may want to consider applying for a Resale License/Certificate. You will have to go to your state’s tax department to get a sales tax ID number and application form, or you can usually fill one out online. Make sure you read the requirements and procedures for obtaining a tax ID in your state. Most states vary, but usually you are …

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You’ve Just Won a Storage Auction! Now What?

So you just won a unit at your very first storage auction, you look inside and immediately you’re overwhelmed. They say that 2/3rds of every unit you win is probably going to be trash. Things like old clothes, newspapers, documents, and a lot of unsalable junk will be piled up in boxes or trash bags and the first thing you’ll need to do is sort through what is profitable and which losses to cut. Remember to take repairs into account–sometimes a …

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Cash is King

Most storage facilities will only accept cash paid on the spot for won units, so make sure you remember to hit an ATM before you arrive at the facility. Storage units can start as low as $1 but those prices will usually increase rapidly, so the general consensus is to bring a minimum of $500. If you don’t have have the cash on hand for a unit you won, some facilities may allow you to leave a deposit with them …

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Cleaning Deposits

Walking away from a storage auction is not the easiest feat once you’ve won a few units. You can expect to have to throw away a lot of your winnings and even the things you decide to keep you then have to haul off usually within 24 to 48 hours. You can imagine that someone, somewhere, when faced with this project just took what he wanted and ran. Makes sense, right? That’s the easy way out, right? Wrong! Thanks to …

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The Early Bird Catches the Worm

If you ask a facility owner when their next storage auction will take place, in the event that they have an answer for you, the first thing they will tell you is the date and time. The second thing you will hear is, “but make sure to be early, these things start right on time.” Punctuality is a virtue, even when it comes to storage auctions, and it’s for a good reason. Before a self storage auction can begin all …

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Storage Auction “Caravans”

No, it’s not this kind of caravan. Although that would be pretty cool! As you may have noticed, there are some storage auctions listed on Storage Unit Auction List–the ones listed in blue–that are very closely grouped in both time and vicinity to one another. This is no coincidence. Many of the larger storage auctions will begin at a time like 10:00 AM. Once the bidding is complete the auctioneer and bidders all go to the next auction that (usually …

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The Importance of Calling Ahead

One issue with storage auctions is that they can be canceled with little or no notice to the bidders. This happens for several different reasons, and can cause problems for every bidder. One of the biggest rookie mistakes is to not call the storage facility before heading out. This is something that we stress to all of our subscribers! Storage auctions happen when a person fails to pay the rent on their unit, but that person has until the day of …

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The 4 Types of Bidders You’ll Meet at Storage Auctions

It is important to know your competition if you plan on profiting in storage auctions. There are several types of bidders, and most of them can be aggressively competitive. Many times when seasoned bidders bid higher and higher for a unit, it can signify that there may be something in there that they see and you don’t. They could also be bluffing to make you bid more. As you can see, there’s many nuances to the way people bid and …

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Urban vs Rural Storage Auctions

Although there are few businesses that use self storage facilities, there will be a higher concentration of commercially owned storage units in larger cities. This makes sense because houses and apartments in larger urban areas tend to be much smaller, allowing less room for extra things. Remember that storage units utilize less expensive real estate, so instead of being right in the middle of a metropolitan area, they will be located right off of major roads, and many are out …

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Essential Equipment for Storage Auctions

There are several tools that will prove to be very useful at your next storage auction. Definitely the most important tool to bring is a good flashlight. Many people keep their most valuable possessions in the back of the storage units, and since most of the units do not have lighting inside of them, you should have a flashlight that is reliable and bright enough to illuminate the back of the unit. Get a rechargable flashlight or bring extra batteries–there’s …

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What are Buyer’s Premiums?

A buyer’s premium is a fee added to the total cost of an item or unit auctioned. It is generally around 10%, and is added to the final bid price at the end of the auction. This normally covers the auctioneer’s expenses such as cataloging and inventory of items auctioned. Lucky for you, buyer’s premiums are not normally utilized at storage auctions. Most professional storage auction bidders will refuse to participate in a bin auction that has a buyer’s premium, …

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Using Income Demographics to Locate Profitable Storage Auctions

Finding storage auctions is the easy part. StorageUnitAuctionList.com has thousands of listings in your area … but how do you know which auctions will be more likely to yield high-value items and which ones are likely to yield bags of garbage? There are a few great ways to get a general idea of where and how to pick the location of your next local storage auction. One great way to find profitable storage auctions is to use the income demographic heat map …

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