Storage auctions are all the craze with three shows on television people are flocking to this new gold rush. You can make money buying storage units that are put up for auction. The way it works is that someone who rents a unit does not pay for a period of three months then the unit and the contents inside goes up for auction.
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There can be anything from comic books to priceless paintings in these storage units. The trick is to try to figure out how much you should bid on a unit so that you can make money. Because the shows have glorified the best of this business many of the units are getting bid up very high. You want to make sure that if you decide to bid do not over pay.
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The first thing you want to do is look in the newspaper or call a storage unit close to where you live. You will find a listing of auctions that are coming up in your area. Make sure that when you go tot the auction you understand all the rules that are involved. In most cases to bid you need to sign their form and register before the auction begins.
After everybody is at the unit the doors will open and you will have a few minutes to look at the items from the door to determine whether or not the unit is worth bidding on. You may want to bring a good flashlight so that you can see inside better.
Remember that when going to a storage auction make sure that you are prepared before you go. It is a good idea to have a partner as well so the both of you can size up the units before making a bid. There have been a lot of treasures found in these units so it is very possible the next one will be found by you.
If you are a person that likes adventure then storage auctions may be up your alley. You can find things to collect and sell and make some good money in the process.