Mastering Storage Unit Auctions: The A-Z Guide to Storage Unit Auctions & A Winning System to Turn Your Auction Hunting into a Profitable Business

By Eddie B. Allison

If you've seen any of the reality TV shows featuring auction hunters in the United States, I bet you're pretty excited to learn about how you can get in on the action, too. Well, storage unit auctions have been around for quite some time now, but it's only recently that people have begun paying more attention to the potential profits of a well-stocked storage unit.

Just imagine, you too, being able to learn to make money with hidden treasures in storage unit auctions without becoming frustrated or wasting your time. Yes you could have a new skill and a new easy way to make money. It truly is possible; you just need to know how.

That's what "Mastering Storage Unit Auctions" can help you do. This book will give you all the information you need to learn what a storage auction is and how to conduct yourself at one in order to increase your chances of making money so that you can compete with the people who have made their living with storage unit auctions. It is possible to generate huge payoffs with small investments if you know how to find those auction listings, how to bid smart, & how to resell to make profits.

Here's what you'll discover in this book:

- How to bid at auctions like a pro...

- 3 little known, yet simple ways to generate income through storage unit auctions...

- Secrets from expert that few people ever know about...

- 3 proven steps to understanding how to avoid the pitfalls of storage unit auctions...

- 2 simple keys (that are right in front of your eyes) to finding profitable storage unit auctions...

- WARNING: 3 things you should never do when it comes to storage unit auctions...

- You'll discover in just a few short minutes the ins and outs of storage unit auctions...

- 6 time tested and proven strategies to out bid others in an auction...

- 7 everyday but often overlooked tips and tricks for acquiring the best units at an auction...

- A pennies on the dollar approach to storage unit auctions...

- How often to visit storage unit auctions...

- How to resell the treasures you will acquire...

- And much more...

• Language: English
• Publisher: Living Plus Healthy Publishing
• Release date: Feb 7, 2013
• ISBN: 9781301290758

Book preview

Mastering Storage Unit Auctions

The A-Z Guide to Storage Unit Auctions & A Winning System to Turn Your Auction Hunting into a Profitable Business

Eddie B. Allison

Copyright 2013© by Eddie B. Allison

Smashwords Edition

Mastering Storage Unit Auctions

Copyright© 2013. All Rights Reserved.

Warning: The unauthorized reproduction or distribution of this copyrighted work is illegal. No part of this book may be scanned, uploaded or distributed via internet or other means, electronic or print without the author’s permission. Criminal copyright infringement without monetary gain is investigated by the FBI and is punishable by up to 5 years in federal prison and a fine of $250,000. (http://www.fbi.gov/ipr/). Please purchase only authorized electronic or print editions and do not participate in or encourage the electronic piracy of copyrighted material.

LEGAL NOTICE

The Publisher has strived to be as accurate and complete as possible in the creation of this book. While all attempts have been made to verify information provided in this publication, the Publisher assumes no responsibility for errors, omissions, or contrary interpretation of the subject matter herein. Any perceived slights of specific persons, peoples, or organizations are unintentional.

This book is not intended for use as a source of legal, business, accounting or financial advice. All readers are advised to seek services of competent professionals in the legal, business, accounting, and finance fields.

Table of Contents

Introduction

Chapter 1: Storage Unit Auction Basics

What are storage unit auctions, and how do I find them?

Types of Auctions

What happens in an auction?

Who will I encounter there?

Chapter 2: How To Do It

Tips and Tricks

Pitfalls

Chapter 3: Turning Into A Business

Are you seeing dollar signs?

How to sell

What should I bid on?

Chapter 4: Appraising Basics

Becoming an appraiser

Furniture

Crystal

Dishware

Tiffany and Co.

Frames and artwork

Office Furniture

Conclusion

Introduction

Making ends meet in this type of economy can be difficult. We all have bills to pay and being unable to work, working part time, or even working full time can be difficult with rising inflation and family members to support, or school to pay for, or whatever the case may be. The question becomes how to make extra money in a way that is enjoyable, where you don’t end up stuck behind another desk or in another restaurant waiting tables. How can you get creative to earn that extra cash?

One of the most creative solutions to come out of this recession is a rising interest in storage unit auctions. When people are unable to pay their storage unit rental fees, due to any reason, from oversight to death to lack of funds, the storage center will auction off the contents to the highest bidder to do with as they please. You can then turn around and sell what you won on sites like eBay or to local dealers like pawnshops or antique stores.

There is a show about this on A&E called Storage Wars that has really popularized this practice. The show started in 2010, and features two auctioneers and a group of auction hunters. There is a second show on Spike called Auction Hunters, which also began in 2010, and it instead focuses on just two hunters who have experience in appraising and decide to try their hand at working units.

Shows such as these have turned something that was a side job for many people into a commonplace way to supplement your income. With the right tools and the right knowledge, you can participate too! Getting to work outside and use your head to make quick decisions is much better than a second job indoors sitting down all day, don’t you think?

The reason why this