When investigating to profit from mini storage auctions, you simply place a bid. As for what you are bidding on, that depends on you. You may bid on a secured storage bin or a whole storage room. Different companies host different types of auctions. To profit, you take the items you bought and re-sell them. Since you are essentially making a wholesale purchase and paying one fee for many items, there is the potential to make money.
One prevalent question asked is how much money can I make? It does depend on how much you spend at a mini storage auction. The less money you spend, the more you can score. It also depends on your resale methods, as some are more successful than others. Many use Craigslist , flea markets, and yard sales to sell locally. As for selling online, many use eBay. What you buy can also impact your profits, as some items are more helpful than others are.
because what you buy at a mini storage auction may have an impact on your profits, you may be wondering what is available for sale. It depends. People use mini storage units for a wide range of purposes. Some use them when consolidating two homes into one. Others use them to store household items when they relocate to a smaller place. Storage units are also used to house items that individuals no longer need, but still want to hold onto such as family heirlooms or financial documents.
Despite the possibility of a variance, depending on the storage unit in question, there are some items you are likely to find at a mini storage auction.
Furniture. Furniture is nice because it is easy to spot. Unfortunately, you don’t always get to see or inspect goods for sale up for bid, but furniture can be seen from far away. Look for furniture that is antique in nature, as it worth more. With that said, furniture is something that people need; therefore, it can be resold for a profit.
Home furnishings. Home decorations often makes it way to mini storage units. Some home owners change their deccor on a yearly basis, but may not want to part with their old pictures and paintings. Home furnishings can be antique or cheap, but it will always re-sell.
Home appliances. Home appliances, such as microwaves, dishwashers, blenders, and toasters can be found at mini storage auctions. As with the above mentioned items, these are considered excellent. Everyone needs these items in their homes. This means that they will resell, especially at a yard sale.
Children’s items. It is common to find childrens clothes, books, and toys in a storage unit and at an auction. This is because these are items that kids outgrow. As for why they are saved, some parents just don’t want to part with these items. A lot hold onto them just in case they decide to have another child. Yard sales and eBay are popularre-sell markets for childrens toys, movies, books and clothes.
The above mentioned items are just a few of the many that you may find at a mini storage auction. In fact, you can find just about everything ranging from antiques to jewelry to clothes to family photographs. The key is always to buy produce that you can resell for a profit.
This money making idea is brought to you by StoreroomRental.com.au where you can make money from home from any spare space that you have at home or at work by turning it into space for rent. You can also find storage space all over Australia.
Originally posted 2011-11-14 01:19:53. Republished by Blog Post Promoter