Storage Auctions

Is the return on effort and money spent worth it in this storage auction busine?

Offline rulesforrebels

  • ******
  • 1276
  • FreeStorageAuctionLists.com
    • Yahoo Instant Messenger - rulesforrebels
    • View Profile
    • Free Storage Auction Lists
    • Email
Just curious your guys opinion on whether the time, money, and effort spent hustling storage units and selling the merchandise is worth the return?

A few years back I was all about storage auctions. Stumbled into the ecommerce arena which in some ways is the same as storage auctions but found I could make more money easier and without having to put in as much time as with storage auctions.

None the less I'm planning on getting back into storage auctions, partially for the money but even more so just because I enjoy the surprise of finding whats in a locker, finding things for myself to use around my home as well as finding items to resell.

I guess my point for me personally though I'll gladly take the money if it were strictly aboutthe money imho there's easier ways to make a buck, this really is a hustle, but I enjoy it so thats why I'm still doing it.


Offline dbr831

  • ****
  • 282
    • View Profile
I don't think so. If I was doing this solely to make a living I would not do it. I have made good money doing it and it can be an adventure but I wouldn't want to make a living doing this. It is HARD WORK! If I kept track of the hours spent standing around at auctions, cleaning out units, dump runs, research, listing on EBAY, packing and shipping....probably less than minimum wage!

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
The key to making money in this business is buying and selling in volume.

If you buy more units and hire labor to do the grunt work, you'll end up making more money than you would trying to do everything on your own. Plus, you'll have more free time and your back won't hurt as much.



xx
Woman makes extra effort to return Navy Seal's ashes

Started by Travis

1 Replies
2737 Views
Last post August 30, 2017, 12:31:19 AM
by MarkSindone
xx
Yes, it's broke. But it's still worth MONEY!

Started by Travis

3 Replies
2128 Views
Last post March 03, 2014, 04:12:40 PM
by House of Treasures
xx
Canadian Money Can Be Worth Big $$

Started by rulesforrebels

2 Replies
1912 Views
Last post March 30, 2011, 08:39:03 PM
by rulesforrebels
xx
The One Thing You Saved Forever That You Know Was Worth Money

Started by monkeybusiness

3 Replies
2441 Views
Last post June 14, 2011, 04:21:26 PM
by Ironman