Thursday, May 20, 2010
Thursday, May 13, 2010
Auction Stories
Does anyone have any self storage auction stories to share?
I have one. I was at an auction in Melbourne Florida one of the units I bid on and won for $65 had decent furniture not great furniture but I sold it at a garage sale for a couple of hundred. anyway, buried in the front of the unit was a collection of Beatles collector Items about 5 large totes from someone that must have dealt in Beatles collectibles every piece was price marked also buried in the front of the unit was a large Coca cola collection. That was a great unit!
I have one. I was at an auction in Melbourne Florida one of the units I bid on and won for $65 had decent furniture not great furniture but I sold it at a garage sale for a couple of hundred. anyway, buried in the front of the unit was a collection of Beatles collector Items about 5 large totes from someone that must have dealt in Beatles collectibles every piece was price marked also buried in the front of the unit was a large Coca cola collection. That was a great unit!
Wednesday, April 28, 2010
Cost Evaluating a Unit’s Business Contents for Bidding
Cost Evaluating a Unit’s
Business Contents for Bidding
Scenario. You find a storage unit that contains visible business items like a retail display case, light fixtures, retail shelving, good quality ladder, retail clothing racks, and more hidden in the back.
Determine what to spend on this unit…
• Check your pre-game worksheet.
• How did you rate this business?
• What did you find out about the business on the internet?
• What products, items or service did they offer?
FIRST! Check your PRE-AUCTION WORKSHEET–PAGE 25. How did you rate this unit.
Business Contents for Bidding
Scenario. You find a storage unit that contains visible business items like a retail display case, light fixtures, retail shelving, good quality ladder, retail clothing racks, and more hidden in the back.
Determine what to spend on this unit…
• Check your pre-game worksheet.
• How did you rate this business?
• What did you find out about the business on the internet?
• What products, items or service did they offer?
FIRST! Check your PRE-AUCTION WORKSHEET–PAGE 25. How did you rate this unit.
Bidding on units example
Don’t know what’s in those boxes?….
Let’s say you’re interested in an auction unit jamb-packed to the back and six feet high with many typical household items and lots of storage boxes–A sign of possible collector’s treasure. But, you see a bunch of clothes hangers (without clothes)–Where are the clothes? In the boxes? This could dramatically affect your profit. In such a case, you must first evaluate the items you can see, then factor in whether you want to risk your bid on the unknown or go for it.
Let’s say you’re interested in an auction unit jamb-packed to the back and six feet high with many typical household items and lots of storage boxes–A sign of possible collector’s treasure. But, you see a bunch of clothes hangers (without clothes)–Where are the clothes? In the boxes? This could dramatically affect your profit. In such a case, you must first evaluate the items you can see, then factor in whether you want to risk your bid on the unknown or go for it.
Self Storage Auction Tools
Be prepared. It is extremely important that you prepare yourself with information and tools needed before you attend an auction. A little preparation before you attend an auction will avoid common problems and insure your efforts success.
I have taken the trial and error out of this for you. With over 25 years experience buying and selling auction winnings I will show you all the TOOLS OF THE TRADE to make your treasure hunt a success. Boy... What I would have done to have this information when I started...
The inside SECRETS to finding and profiting from self storage auctions
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A Self Storage Auction Today
Do you have any idea how many storage auctions are taking place today in a town near you? Thousands of people just like you are purchasing these units and making huge profits. You can too.
People falling on hard times because of job loss, forced relocation, or for whatever reasons, place their valuables in public storage facilities. Complete inventory from failed businesses are sometimes placed in storage. Occasionally, renters default without paying storage fees, and public storage managers are forced to recover costs and free up the unit for another renter. They do this through public self-storage auctions.
A profitable business for teenager, retiree or entrepreneur...
This is not mail order marketing /multi-level marketing. This business will make money for everyone from teenagers looking to make money for the summer months off school to retirees looking to make a few bucks to supplement the shortcomings of social security.
There is another avenue to make money. Very little investment is needed to get started. The main thing is once you start, don’t stop. Keep your investment capital available.
Thousands of units go into default every day…
There are thousands of storage units going into default every day. Some sell for as little as one dollar. You can make a great supplemental income; it’s like a deep sea treasure hunt without getting wet.
The purpose of this book is to teach you how to find self-storage auctions in your area, how to evaluate auctions units, and how to get the most profit from marketing your winnings.
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