Whether you are looking for a job, on unemployment or currently working at a job that you detest, buying and selling storage units at auction is an opportunity for anyone that is looking for a new way to make very good money with very little work and investment.
This is what storage auction is all about: buying low and selling high. No other money-making scheme is better than that. You can make a lot of money fast with the least capital and even with a smattering of business knowledge or experience. Pick up your local newspaper and look in the back at the public notices during any given week and you will find many public notices about your local storage companies getting ready to auction off the contents of the units in their facilities.
Storage units sometimes go for under $100, sometimes they can go as high as a few thousand dollars, but you can easily get started making money with mini storage auctions for around $300. If you know how, it's your pennies on the dollar of the cost of the contents of the storage units. You can then sell the contents of the storage units for as much as five times of the amount you paid for. And do it fast.
This is the beauty of storage unit auctions. You can buy goods at incredibly cheap prices for the simple reason that their owners had no more use for them. Once you got the items, you can sell them for half of their current market value and still make big profits.
When you buy items at such low prices you can afford to sell them for half of their value and this allows you to move your inventory at a fast clip and make a profit pronto. In the process, the cash flow is steady such that you can buy more storage units until you build up your bankroll.
To get into the action, all you need to do is see where you can find the latest listing of storage auctions in your area. There are over 2 billion square feet of available storage rental space in the U.S. and growing. This means that more units will be subject to auction due to non-payment or abandonment.
The reality is that anyone can attend these auctions, but only a few know how to consistently profit from them.
Whether you are just bidding for yourself or putting a team together to bid and sell items you win at the storage auctions as a business, great things are in store for you. You can't lose in this nascent business because there is no competition in the true sense of the word and there is as yet no saturation to speak of.
A trick of the trade in this industry is the preference for the income class where a storage auction will take place. You look for auctions in middle-class suburbs where there is more promise of profit. There is no bargain in both lower and higher income areas.
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