I hear a lot of people say that the storage auction business
is a big hoax and that no one makes money buying and selling storage
units. Well, that’s not necessarily a
lie. The storage auction business is one
tough cookie. It takes a lot of patients
and hard word to make money in this business.
If you are asking yourself, “Is the auction business right for me?” this
post is exactly what you need.
Do you like working a lot of hours?
If so, then you might be on the right track already. I see a lot of people getting into this
business thinking that all they have to do is buy a unit and everything will
magically sell. That is not the case
most of the time. There are a lot of
random items in units that are hard to sell if you don’t have the right
outlets. Clothes, for example, are a
tough thing to sell unless they are items that are unique or in really great
condition. Do you know where to sell
clothes at? If the answer is no, then
you might want to do research about where to sell items at before you even
purchase a unit.
Do you have money to lose?
If the answer is no, then you shouldn’t even attempt buying
a unit. There is a great chance that you
can lose money on a unit, even if it looks promising in the beginning. If you lose money on a unit you still have to
have money to buy another one. If you don’t
have enough money to buy a couple units and expect nothing back right away then
you should probably rethink getting into this business.
Storage Auctions
Storage Auctions are a tough business with people who have a
lot of money to throw around. Do your
research before getting into any kind of business where there is risk
involved. You don’t want to end up worse
off than you started. So get out there
and do some research about what to expect from the storage auction
business.
Storage Battles
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