Mini Storage Auctions eBook (30 pages, PDF)
What Are Mini Storage Auctions?
Mini storages are a convenient and popular way to store a wide range of items, ranging from family photographs to furniture and other household goods. If you are unfamiliar with self-storage auctions, you may want to learn more. You may have a ton of questions. How are auctions held? Can you participate? What types of items are sold? If these are questions that you have, this eBook is for you.
Here are some of the information you can learn from the eBook:
Introduction to Mini Storage Auctions
How Profitable Can It Be
How to Set Up The System
What You Need To Succeed
Where To Sell
Mini Storage Auctions Article
How Much Can You Make with Mini Storage Auctions
Have you recently learned that you can make money with mini storage auctions? If so, you may be wondering how the process works and, better yet, how much you can make.
To make money with self-storage auctions, you must buy merchandise for sale at an auction and then resell it for a profit.
As for how much money you can make with mini storage auctions, it depends on a number of different factors. Start with how much you spend. When reselling for a profit, you need to limit your business expenses. This starts at the self-storage auction. If you see a storage unit filled with antique furniture, it is a good buy. You may have to bid high to walk away the winner, but never bid more than you need to. The less money you spend, the more you will make after your expenses have been deducted.
It also depends on the merchandise you walk away with. Why there is the potential to make money is because a wide range of items can be found in self-storage units. As previously stated, it is common to find furniture stored in them. When two households are consolidated into one, a storage unit is often rented. You may get lucky and find an auction where the whole contents of a home are up for bid. Toys, books, movies, and clothes can also be found.
In keeping with the merchandise you walk away with, you want to get items that you can profit from. To make the most money, look for valuables. These include antiques and jewelry. Unfortunately, jewelry is usually packed away in boxes. That is why you may want to look for written labels on boxes. Furniture, which is easy to spot, is usually resellable. Furniture and other similar items, like household appliances, clothes, and toys will always resell as they are in need, but they may not garner the highest profit.
Speaking of which, you can still “strike it rich,” with items that are small in size or low in value. The trick is to purchase more items. Say, you win a storage unit at a mini storage auction that contains five boxes of clothing, with 200 pieces total, and pay $25 for it. At yard sales, clothing tends to sell at around $1 a piece. Provided you get this much, you make $200 while only spending $25 in expenses. So, even if you don’t walk away from a mini storage auction with valuable jewelry or antiques, you can still make money.
Speaking of valuable jewelry and antiques, you need to know what you have. Never resell anything that looks valuable, older, or antique without first researching its value online. An easy way to do so is to perform a completed listing search on eBay.com. Say you find a box that contains a rare limited edition vase. That vase may be valued at $500 or more. But, if you don’t know its value, you may sell it for only $5 at a yard sale.
Unless you buy a storage unit at an auction that contains nothing more than family photographs and personal documents, which can happen but is rare, you should walk away making a profit.
Submitted: June 2016
Product License: Master Resale Rights
Terms and Conditions:
[YES] Can be sold
[YES] Can be used for personal use
[YES] Can be packaged with other products
[YES] Can modify the sales letter and put your name on it
[YES] Can be added into paid membership websites
[YES] Can be offered as a bonus
[YES] Can be used to build a list
[YES] Can print/publish offline
[YES] Can convey and sell Personal Use Rights/ Resale Rights/ Master Resale Rights
[NO] Cannot modify/change the main product
[NO] Cannot modify/change the graphics and eCover
[NO] Cannot be given away for free
[NO] Cannot be added to free membership websites
[NO] Cannot convey and sell Private Label Rights