Cashing In With Mini Storage Auctions Plr Ebook

Table of Contents

1 INTRODUCTION TO MINI STORAGE AUCTIONS 4
HOW PROFITABLE CAN IT BE? 5
A TYPICAL AUCTION 6
WHEN TO PASS ON A DEAL 8
THINGS TO WATCH FOR 9
2 GETTING ORGANIZED 10
IDENTIFYING LOCAL AUCTIONS 10
KEEPING TRACK OF DATES AND TIMES 12
ESTIMATING WORTH 12
KNOW WHEN TO HOLD THEM, WHEN TO THROW AWAY 15
SETTING UP RESALE OPPORTUNITIES 16
3 WHAT YOU NEED TO SUCCEED 18
CASH ON HAND 18
MOVING EQUIPMENT 19
TRANSPORTATION 20
STORAGE 21
HELPERS 22
Hiring Outside Help 23
4 WHERE TO RESELL 25
ON-SITE 25
FLEA MARKETS 27
GARAGE SALES 28
PAWN SHOPS 29
EBAY 29

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1
INTRODUCTION TO MINI STORAGE AUCTIONS

In a poor economy, one thing is certain: people are falling behind on their bills. One of the bills that can easily go unpaid are the monthly bills required to keep additional goods in storage off-site. Americans are powerful consumers, but not very good savers. The excess buying power they have often goes to buying luxuries and goods that end up in these storage units, just waiting for them to fall behind on their bills. After some time, the storage company has a legal right to the contents of these mini storage units and can auction them off to the general public to try and recoup the missing storage fees. That’s where you come in and take possession of goods that can be bought at steep discounts to resell on the retail market for a hefty profit. It’s perfectly legal and it’s a very under-utilized method for getting great goods for little money down.

There are many reasons to get involved with mini storage auctions these days. The stock market has taken a pounding, people are trying to find additional sources of income in a tight economy, and being the owner of your own business is always very appealing. Mini storage auctions can provide a return on your investment that beats the stock market, while incurring far less risk. Whatever you buy, you get to keep and can use yourself, or you can choose to sell to someone else. The value is intrinsic in the goods you purchase, unlike some investments that can lose their entire value practically overnight.