Lendle

Making money from buying storage lockers at auction is a booming trend. It’s possible to work only a few hours per day and still make a big time profit.Buying items for resale at storage auctions is a great way to make money. Depending on the auction, you can be bidding on something as small as a single box or carton, to as large as an entire 400 square foot storage room. What you are doing is buying the entire contents at a wholesale price, and expecting that the merchandise you find inside will allow you to double or triple your investment, or more. The storage company has a problem; they have a unit that’s full of stuff that they need to remove. You get to buy this stuff at a steep discount, throwing some out, and reselling the rest for a tidy sum of money.While it is possible to make a good amount of money this way, there are also risks of which you should be aware. Lots of different things can be found in this units, and you almost never get to inspect what’s inside before you buy them. You might get stuck with a bunch of old rags, or a few moldy mattresses. Or worse, you can have a huge volume of goods, but that have no resale value whatsoever.So how do you take advantage of the profit potential that these auctions present without losing your shirt? This book will give you tips and strategies about the process, and how to maximize your return while minimizing risk. We will also go over the procedures and rules, so that you can avoid common mistakes in the process. And, we’ll give an example of an easy to follow system for selecting items to buy, how to organize yourself and your team, and some tips on how and where to resell your purchase for maximum profit.Storage auctions are a great opportunity to make money by helping everyone out. Let’s get started!ContentsPreface Introduction Chapter One: Storage Auctions What kind of return should I try to get? How much can you make? The Value of Research Doing Research at the Auction Itself What’s that smell? What you may hope to find, and what you may actually find Tips for Bidding on Units Choose wisely Common Mistakes What not to do Chapter Two: Running the Business Locating Auctions Creating Your Own Auction Calendar Figuring out how much stuff is worth Deciding what to keep and what to throw away Dealing With Trash Keeping a Selling Calendar Having enough cash Have Transportation Having people to help Having a place to put all the items Chapter Three: Reselling Tips for Reselling Before you sell Selling immediately Flea Markets Selling at Yard Sales Selling to a pawn shop Selling your items on eBay Selling on Craigslist Selling online Conclusion