| Many people are making money by going to a mini | | | | have a clue what's actually in the mini storage unit. |
| storage auction, winning the contents of the mini | | | | Most people store a variety of different items in many |
| storage, and then reselling it. This is a great way to | | | | storage units including furniture, books, clothing, |
| make a bit of cash, but you must understand the | | | | heirlooms, jewelry, major household appliances, small |
| auction process and the risks as well as the profits | | | | household appliances, as well as old financial |
| that can be made. | | | | documents, and of course family photographs. You |
| Public storage auctions happen when someone has | | | | may not know exactly what's in the unit, but you can |
| not paid their bill. Basically, they are behind a certain | | | | almost bet that it was special to someone. |
| amount one on their mini storage payments, they've | | | | If you're considering going to a mini storage auction, |
| been notified that it's going to be auctioned, and have | | | | you may want to go to one first and not bid at all. But |
| not responded. At that point, the management of the | | | | if you get caught up in the excitement and decide to |
| mini storage units will then publicly announce the mini | | | | bid, make sure you've decided before you arrived how |
| storage auction. It will have the time and place, and | | | | much you're willing to pay. You'll also want to go early |
| possibly the numbers of the mini storage units. That | | | | to the auction, this will allow you time to sign up for a |
| may be all that is advertised, any other information, you | | | | bidding number or at least understand how the auction |
| may have to find out yourself. | | | | works. You also will get a chance to ask any |
| The idea behind the management of the many | | | | questions, if you arrive too late, everyone's going to be |
| storage unit, is to auction off the complete contents of | | | | busy, and you'll have no time for questions or answers. |
| the unit itself to recoup the loss for nonpayment. There | | | | If you do get a look inside the storage bay or in the |
| are auctions where a whole storage bay containing | | | | mini storage unit, take a quick inventory for yourself |
| several different unit's contents will be auctioned, and | | | | and write it down. Then write the possible resale value |
| you want to know what you are bidding on. | | | | of any items that you were able to confirm that were |
| Sometimes you'll be allowed to peruse the contents | | | | in the mini storage unit. This will give you an idea of the |
| before you make an auction bid, other times, you won't | | | | profits, and allow you to place a bid accordingly. |