Saturday, February 26, 2011

Learn About Mini Storage Auctions and Bring in the Profits

People are only just starting to tap into the booming mini storage auction trend for the huge amounts of money that can be made from this largely untapped resource. It allows you to buy the entire contents of mini storage units and break them up to be sold individually at an enormous profit. These auctions occur when someone fails to pay his or her bill for several consecutive months. The mini storage unit's owner will be contacted to let him or her know that they have to choice to either pay their bill or their things will be sold at auction. When the bill is not paid, the mini storage business owner holds an auction to try to recoup some of the losses from the unpaid bills. It is a perfectly legal process and allows you the opportunity to get your hands on a lot of great stuff, without paying very much money.

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Of course, there are some important techniques that you'll need to learn in order to make sure that you're successful with your buying and selling. To start, this will mean that you'll need to know when and where these auctions are being held. Though they are quite common, they're not simply something that happens on a weekly schedule, so you will need to know whom to call to find out that information. You will also want to take the opportunity to look at the contents of the unit before the auction so that you can tell whether they are worth your while. Don't forget to ask whether there is a fee to participate in the auction.

Keep in mind that once the contents are yours, you'll need to be able to move and store them for your own purposes. Auctions usually require that you move the contents within 24 to 48 hours, so be sure that you can have a truck or van available to you, and that you'll know how much the gas will cost to move the items since you'll want to take all of your expenses into account before you start bidding. This is about making a profit, after all.

Here's to making Extra Money FUN again! 

P.S. Once you've acquired the contents you want to resell, the world is your oyster…that is, as long as you know what you're doing. Learn all of the tricks of the trade by downloading your copy of

Mini Storage Auction Riches today.

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