Storage Auctions
Welcome => Welcome to the Online Storage Auctions Forum => Topic started by: Rog in MN on September 01, 2011, 07:00:06 PM
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I am new to the storage auction business and attended my first auction this very day. It was a two-unit sale and one unit had only some really long (rent a long truck long) scaffolding items in a huge locker. It went for $455 and I didn't bid. The other unit had a bunch of household stuff and I had a $150 limit in my head. The bidding blew past that in short order and ended up selling for $205 to a regular. I kept telling myself to not get sucked into buying a locker, just to buy a locker. The bidding surpassed what I had valued the locker and I kept my money and passed.
I have non-buyer's remorse now but know that I'll find a unit or two down the line that will make me forget all about this first day lost unit.
I've read a lot of the posts on the forum and look forward to learning a lot from all the experienced storage locker buyers who selflessly offer up their knowledge for guys like me to learn from.
I don't enter into this business looking to score the big unit that yields hidden thousands of dollars. I enter the business looking for a way to buy and sell my way into some extra cash. I know this will be a lot of hard work and I'm ready for that. I have previously bought and sold items from online auctions and from estate sales. I know that it takes time and some luck to sell all the items I purchase. I use craigslist and garage sales in order to sell the things I buy.
I hope to start small and work my way up. Work being the operative word. I don't look to get rich fast. I fully plan on working for every dollar I make.
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Welcome & enjoy!Stick with your plan and you should do fine.