Storage Auctions

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Topics - Dragnlowdakota

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New to Storage Auctions? / Looking for advice/Information
« on: July 22, 2011, 08:12:36 AM »
Hey guys/gals.  Just looking for a little insight.  Im fairly new to the storage auction game and havnt yet pulled the trigger on a unit, but have attended a couple. 

First question regards partnering up with someone.  I can see the benefits of doing this like having someone help with the tab on bigger units.  Someone to help you load and haul and split up the workload.  My question is this.  What if myself and another guy go halves on a unit.  He sees something inside he really likes and does not want to sell said item and keep it for himself.  Is there a good way about going about doing this?  My thought would be to agree on a value for the item and deduct that from his portion of the profits?  Any insight in to that?

My next question is regarding travel.  In my area, auctions seem to be few and far in between, maybe one a month if that.  If I travel 3 hours-ish, there are an abundance of auctions at any given time.  In the veterans experience, is it worth the travel on a normal basis?  Obviously one good score would make it well worth while, but on an average with gas in a truck and hauling a trailer? 

Sorry to be so long winded...

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Hi everybody.  My name is Steve and Im from northern Michigan.  Been to a few auctions so far but have yet to pull the trigger.  Been a few Ive wanted to but had to hold back.  Anyway, looks to be lots of good ifo here and look forward to reading more.

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