Anybody on here do good on there first time out?
Well, I started with an inside track. I was 16-17 and friends dad did it. We only got industrial units with recycling or stuff his contacts would buy. Most of the time we knew what was in the unit and had buyers before we bid. Without his help I never would have gotten rid of anything. Plus he had trucks, recyclers that came to shop, dumpster.....we didnt even pay for gas in company trucks. It was a good learning experience but without all that help I wouldn't have made a dime.
Then I stopped for years, mainly because I didnt have access anymore to all the above. I moved into cars and tools. Nothing big. I was going to school. Then "real jobs" but always picked and bartered and recycled. Things of opportunity. Always kept a eye out, if it came up then cool, but wasn't out there really looking.
Then a few odd years ago I got hurt. Needed extra income so got back into auctions. Ive done well, never lost (unless you take into account my time) but I'm real cautious. Small units. Must have at least 1-3 items I know I can move for close to bid price. For me its part fun, part *extra* money not needed money so I take my time and wait for good units. Tho, that said, I'm a sucker for those $1-$20 units with just a few totally unknown's. Couple boxes or a duffle bag. I've lost on a ton of those but it fun and no different than blowing $20 at casino. And a few of them have been my biggest earners.
So to answer your question, yes I did well my first times out but knowing what I know now that probably wouldn't have been the case had I not had help or if I had jumped into buying bigger units.