Mini Storage Auctions

Download or read book Mini Storage Auctions written by Nishant Baxi and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Have you recently learned that you can make money with mini storage auctions? If so, you may be wondering how the process works and, better yet, how much you can make. To make money with self-storage auctions, you must buy merchandise for sale at an auction and then resell it for a profit. There is some risk involved. Rarely do you get to see up close or inspect what you are bidding on. With that said, there is always the possibility of making a profit. As for how much money you can make with mini storage auctions, it depends on a number of different factors. Start with how much you spend. When reselling for a profit, you need to limit your business expenses. This starts at the self-storage auction. If you see a storage unit filled with antique furniture, it is a good buy. You may have to bid high to walk away the winner, but never bid more than you need to. The less money you spend, the more you will make after your expenses have been deducted. It also depends on the merchandise you walk away with. Why there is the potential to make money is because a wide range of items can be found in self-storage units. As previously stated, it is common to find furniture stored in them. When two households are consolidated into one, a storage unit is often rented. You may get lucky and find an auction where the whole contents of a home are up for bid. Toys, books, movies, and clothes can also be found.