I think buying storage units at auction is a great way for anyone looking to make some extra money. You really don’t need much to get started buying storage units, if you have under thousand bucks and you are looking to invest in a short term venture that can double or even triple your money over night, buying storage units at auction might be for you.
When a storage unit has been abandoned, the storage facility has no choice but to auction off all the contents of the unit to recoup costs.
Find auctions for storage units in your local newspaper’s classifieds or other local publications.
Most of the time – You will have about 24 hours to vacate the entire contents of the unit, unless another deal can be made with the storage manger. Hey Scott, I have been considering getting in the storage locker auctions for some time now. Most of the time you will find household goods and everyday run of the mill items, the TV show sets up these appraisers to establish a profit margin. Hey Scott, I am fairly new to buying units, I have found a notice for an up coming storage auction that has a motorcycle collection in it. It is very simple the storage facility or auction place will give you paperwork that will allow you to re-title the motorcycle in your name. I don’t think anyone can lien the storage unit up-for auction, maybe a car or motorcycle that might be inside. Will the storage facility or auction place give a person all the paperwork on how to take care of the liens if there are any on vehicles?
Bought 4 units and opening my new store in Martin Ga, Hope to Sale a lot of stuff THANKS FOR THE IDEAS!!!!
I saw on Storage Hunters that they like to do research on the person who rented the unit to see what kind of items may be in there.
Hey Scott – A friend died recently and has a storage unit full of misc construction tools, miter saw, chop saw etc. It is not really research – You can establish the value of almost anything just by searching on the web.
I recently won a storage auction and found some old photos, Olympic medal, and someone’s extensive coin collection. Contact the storage facility, they will return the items or you can ask for the owners contact info. Being new to storage units, my question is how do you know that the owners of the entire storage facility has not gone through the unit up for auction? If a auction company is running the storage auction, they are cutting off the locks and adding a tag. I also have another friend who is a whirlwind at listing.Not sure how to go about compensation with her? I can’t afford to pay salaries at this time so it needs to be some type of percentage compensation. You mentioned that a little under a $1000 is the best way to start with purchasing a unit at auction. I made payment arrangements on my units which I paid on time for 11 months they said I missed two payments so my stuff was up for auction. The best place to pick items for resale may no longer be in the US, but it maybe closer than you think!
Southway Storage Unit Auction!Friday, June 27, 2014Auction Starts: 12:00 PM Southway Storage Unit Auction! Many people have contacted us to find out if there is a storage auction list available for storage auctions in Indiana. Storage auctions in Indiana are plentiful, so you should be able to find an auction near you. Prime Time is honored to be chosen by the seller to offer these items for your bidding pleasure.
Auctioneers and professional auction staff bringing buyers and sellers together anywhere a plane will fly.
During it’s first season, Auction Hunters consisted of 8 shows, and averaged about 1.5 million viewers. Storage Wars is a reality television series that premiered on A&E Network late in 2010. Storage unit auctions take place when the owner of the storage unit facility puts the contents of any unit up for sale as a result of the tenant who owns such content’s inability to meet with payment obligations after a set period of time.

After you have located the storage auctions that you want to participate in, then you need to prepare for the auction itself.
Did you ever hear of making money from storage unit auctions before A&E television’s popular new series Storage Wars hit the airwaves? Almost each and every city in the USA has one, or more self storage units where the people of the community have the ability to store their extra belongings if they do not have room at their home, or if they happen to be moving.
The storage auction business became a quiet boom because of reality TV by Fard And Company. Storage Units Near Me announces the launch of a new book called Making Money with Storage Auctions.
The reason storage auctions has broad appeal with so many is that it requires little seed money but yields an incredible quantity of profit.
It usually is the case that reimbursement for money and time is found with the winning bid. The secrets of auction hunting can be found in the book Making Money with Storage Auctions. Reach out to the author: contact and available social following information is listed in the top-right of all news releases.
We have a wide variety of self storage rental sizes for you to choose from, including climate controlled mini storage units. On my blog I tell you how to become a seasoned storage unit auction veteran, on your very first day! Storage facilities are required by law to publish public announcements of upcoming auctions and it’s absolutely free for you to attend the auction!
Sometimes it’s not a bad idea to call before you arrive to confirm the auction is still taking place.
If you need more time to remove the contents most of the time this results in you renting the unit.
Most of the time eBay and the web can establish worth of an item, or at the very least tell you what the item sold for recently. I have checked all the info on the bikes, but what is the paperwork process and how difficult is it to title?
I feel guilty, as I don’t think this unit was abandoned… maybe the owner is in the hospital or ?? I would say that most of the time this is not a problem, but I would say that now that the TV shows have come-out this is more of an issue. Is it possible to attend an auction with less than $500 and have the possibility of purchasing a unit? Yea I know crazy but there was always something that kept from getting out mainly no where to go with it. I arrived there early in anticipation of large crowds of newbies, thanks to the popularity of Storage Wars and Auction Hunters. It’s Spike TV’s version of the popular storage auction show format that competes with A&E’s successful Storage Wars series, which premiered in December of 2010. It contained a rare, vintage copper cash register that they sold to an antique dealer for $1900. It’s Spike TV’s version of the popular storage auction show format that competes with A&E’s successful Storage Wars series, which premiered in December of 2010. As more and more people are losing their homes, they need a place to store their possessions. Many storage unit facilities cancel their auctions on the very same day when the auction is scheduled to take place.
A friend of mine told me that his brother had gone to a storage auction and had scored some really good things such as a diamond ring worth over $5000.
What puts auction participants on an even playing field during an auction is that nobody knows what's in the storage unit being auctioned off until it is bought.
Many self-storage auctions that will be encountered will not give information on the items being auctioned off. Essentially the most profitable products which come from storage auctions are the type that have small boxes including silverware and signature clothing. I have the availability of man power, available to me, so I wont be doing any lifting , myself . They said when looking at their records they found two years ago they did not receive a payment for 14 months and they would not take less than $2000.00 to keep from going to auction.

We have put together a list of storage unit facilities that have been known to conduct storage unit auctions. On another episode, the pair won storage units that contained a vintage GMC pickup truck, and one of the first upright coin operated Coke vending machines. When rent payment go unpaid for a storage locker in 3 months in the state of California, its contents are put up for sale by an agent.
Many people are being forced to downsize, or to live in small apartments without any garages or storage space.
Keep in mind while many industries have struggled in the past couple of years under this recessionary period in America the storage auction business became a quiet boom because of reality TV. Oahu is the latter sort of auction which promises the biggest reward for the least investment. My concern is, that I am wondering if I waited too long, as well as , is the competition too fierce ? However it is not really going to change the day to day availability of storage units, when you do decide to jump in and do an auction.
If the contents of the storage unit are not removed, you will most likely lose your deposit, an they will rent the storage unit to you.
OMG I did not have that kinda of money but did call someone that would put on their credit card too late suction started but not my unit.
While season one focused on storage auctions in the Southern California area, season two will follow Alan and Ton traveling across the country bidding on various units. This industry is growing fast and the book Making Money with Storage Auctions lets readers in on tips of the trade. But the bidding price is naturally higher if the auction involves home lots, cars or antique jewelry.
One case was a new player at storage auction paid $20 for a storage unit whose contents were later sold individually for the amount of $5,500. Alan is an antiques dealer, and by age 24, he owned his own antique business in Houston, Texas.
The first storage unit door was opened and it revealed lots of furniture and household goods. The auction is usually held as the owners have outgrown their use of these items in storage and has left them behind or that renters of the storage units have stopped paying their rental fee.
For example, if you go to Ebay, you are looking at fees charged to you for using their services. Feel free to link to this page on your website, facebook account, and send this link to your friends. He moved to Los Angeles about 10 years ago and promptly got into the storage auction business. My questions are: can I contact them to explain the situation & ask to buy my stuff back? Unless other arrangements are made by Manager.Auction Order OfSouthway Mini Storage L L CContact Us About This Event:Questions about this auction? Ton has knowledge and experience in a wide variety of collectables including currency, jewelry, guns, knives, and swords. The show follows the pair participating in storage auctions all over the Southern California area, and in other parts of the nation as well. According to press information released by Auction Hunters, there are approximately 50,000 abandoned storage units with an estimated value of $1 billion worth of goods and merchandise. Will I be able to clean the units out myself if the ones that purchased them agree or will the owner of the storages guidelines not allow it?
Alan and Ton’s expertise allows them to clear a very nice profit from their storage auction purchases.
I did not know the people that purchaed them were into going to auctions & buying units till that day.

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