Contrary to what some might think, storage facility owners don’t really want to hold auctions for delinquent units. As a facility owner, your bread and butter is the regular rent you receive from your tenants each month. Delinquent tenants...
Category - Self-Storage
Articles related to self-storage.
If you’ve done any research into online storage auctions, you may know that storage units sold online tend to sell for more than their in-person counterparts. What you may not realize is that auctions held on OnlineStorageAuctions.com...
When you’re in the storage auction business, knowing the demographics of the tenants whose items you’ll be buying is an important part of gauging how much a unit might be worth. After all, affluent people tend to store more valuable items...
Shows like Storage Wars have undoubtedly had an effect on storage auctions for buyers. Although the crowds of enthusiastic newbies have abated, storage auctions are still more mainstream than ever before. The larger crowds have caused prices...
Technology is a huge part of our lives, and it affects the way businesses grow and develop over time – even the storage business. Although self-storage is a pretty low-tech business, a few recent changes in technology have helped change the...
Storage units go up for auction whenever their owners fall behind on payments. This means that, without delinquent tenants, there would be no auctions and no resale business. That makes some auction-hunters nervous about anything that might...
It’s no surprise that storage auctions have gone mainstream. A few years ago, these activities were unknown to all but a handful of bidders. Today, everyone has seen Storage Wars and feels qualified to talk about auction-hunting because...
Financial reports from the real estate industry for 2013 show that storage facilities and shopping malls are the most profitable types of real estate investments. In fact, the growth of storage facilities exceeded the expectations of The Wall...
Despite the protestations of a few old-timers in the business, it seems that online storage auctions are here to stay. This fairly new method of selling items has gained a lot of popularity and momentum recently, and for good reason. Online...