Advertisement

Make Money With Self Storage

  • Written by adminadmin No Comments Comments
    Last Updated: February 16, 2010

    Are you looking to make a little bit of money in your spare time?  If you are, it is entirely understandable.  Many people are finding themselves in dire straights nowadays, so working a little bit on the side is certainly not going to hurt.  But really, when you think about it, you are not going to have to get out there and find a new job to make more money.  You could, but you could also make use of the resources that are already at your disposal.  Indeed, if you have a few hundred dollars lying around, then you might choose to look into the broad world of self storage auctions.  If you have never attended an auction before, then there are a few things that you are going to want to know.

    First and foremost, reader, know that you are not going to want to attend a self storage auction without a nice, handy flashlight.  Of course, when the units are opened up for you to see, you are going to want to be sure that you have a way to see the items that are in the very back.  Because the larger units are going to be harder to view, and because these units are typically going to have your big ticket items, you cannot hope to succeed without the help of your trusty flashlight.

    Next, you are going to want to be sure that you know what to look for when it comes to the units that you are viewing.  If a unit looks incredibly sloppy when it is opened, then you are not going to want to bid very high on it.  True, those messes of boxes might be hiding something great, e.g. a car, a jewelry box, an entertainment.  Really, though, you are going to find that the sloppy units are usually going to yield what they look like, i.e. just a bunch of junk.

    Moving on, here, you are also going to want to be sure that you are familiar with the auction policies of the sites that you are using.  If, for example, your site requires that you clear out the units that you win within twenty four hours, then you are going to have to be sure that you have the means to do so.  If you do not have a truck of your own, then you are going to have to be sure that you have rented one.  Also, you are going to have to find a place for all of junk.  Typically speaking, self storage facilities are not going to give you access to their dumpsters when it comes to throwing away the contents of the unit.  Also, you are going to have to be sure that you have a firm understanding of how you are going to sell your items once you win them.  There is nothing worse than finding yourself with a ton of items that you cannot sell, left only with the option of going to the local pawn shop.

    At the end of the day, you are not going to have much trouble when you set out to make some extra money at your local self storage auctions .  When you start to get your feet wet, and when you know what you are doing, you are going to be able to rely on these for a little bit of additional income.  Of course, you should not despair if you do not turn a profit the first couple of times that you attend these.  As with everything else, you are going to have to practice to get better and see the profits that you are looking for.

    [Post to Twitter] Tweet This Post 

    Disclamer: This entry is intended to promote our partner StorageMart and some or all participants received compensation.

Advertisement

Leave a Comment