Well i think that we can ask everyone in here what got them started.
What made you start with storage auctions, what made you jump in the car and go to your first auction? For the one of us who started this before the TV show's, it can be interesting to see how and why people started with this.
For the ones who started after November last year, it is easy, you saw the show and wanted to do it. LOL
So this is more towards us oldtimers.
Not necessarily! Im one of those who started after November but have an interesting journey!
About 10-15 years ago the big thing in real estate was owning storage unit facilities. Long story short, I had looked into it and the investment was more than I could afford.
All the literature read: Low Maintenance, easy set up, people drop there stuff off and pay you monthly. It was almost like a 50 unit facility would net me a monthly income and I had to do very little
Yeah Right!!!
All the research had uncovered Facility managers complaining about tenants not paying and holding auctions trying to get a fraction of the cost back. What was being said as easy money seemed like a huge headache and loads of paperwork. Even though i was being turned off about owning a facility, it made me curious about these auctions.
I actually only went to one local auction at this time and it was all garbage lockers and turned me off quickly.
Fast forward a couple of years and I went to a few more and could never commit my money to it. I didn't really see at the time how id make my money back at all.
All of a sudden these shows started popping up on TV and I started connecting the dots and kicking my own ass for not committing to it 10-15 years ago!!!!!!!!!!!!!