Thursday, March 31, 2011

How Craigslist Can Help You If You Win

Making Money With Storage Auctions And Craigslist

Are you looking for a relatively easy way to make money with the buying and reselling of goods?  Your first thought may be to attend neighborhood yard sales, but there is an even better option.  That option is attending mini storage auctions.  At these auctions, you tend to get more merchandise for your money.

If you want to make money with the buying and reselling of merchandise, you need to find a profitable method of reselling.  You do have a number of different options, including eBay, yard sales, and flea markets.  One option that you may want to pay close attention to is that of Craigslist.

If you are an avid internet user, you may have heard of Craigslist before.  If not, it is a free online classified website.  A wide range of information is posted, including job want ads and garage sales, but you can also list items available for sale.  The website is divided into separate sections for cities.

To make a profit with the buying and reselling of self-storage auction units, you need to limit your expenses.  This starts at the auction.  Do not bid high unless you are sure you are getting valuables.  Next, limit your expenses when trying to resell the items.  This is why Craigslist is recommended.  As previously stated, it is a free online classified website.  This means that you do not have to pay to list your items for sale, unlike the popular online bidding website eBay.

If you perform a search on the Craigslist.org website, you will find that many people are selling merchandise without posting pictures.  Do not do this.  If you have a digital camera or even if you must borrow one, use it.  Classified ads with pictures are likely to generate more interest, which increases your chances of making a sale.  Before taking any pictures, be sure to clean the item in question.

On Craigslist, you can post classified ads without having an account.  You are encouraged to signup for one anyways.  When you do so, those interested in buying your merchandise can contact you through the website.  This is ideal if you don't want your personal information, such as your email address or phone number listed online.

Since classified advertisements are free to post on Craigslist, you will want to create a listing for each item that you have.  This is important as you will be able to create a unique headline.  You don't want your headline to be something general like "a lot of items for sale."  Instead, write "1999 push lawnmower – works great." 

Although you are encouraged to create separate postings for each item that you want to sell, there are a few benefits to grouping similar items in lots.  For example, did you end up buying a box full of DVDs?  Instead of listing those DVDs for sale individually, sell them together in one lot.  This works great if the movies share similar themes, such as all action and adventure.

Grouping items together in lots can also reduce the amount of merchandise you throw away or donate to charity.  Do you have a collection of kid's clothes with sizes between 3T and 5T?  If you have a mixture of name brand and off brand clothing pieces, you may consider donating the unknown brands, but you don't have to.  Sell them altogether.  As long as you have a few name brands in the group, everything should sell.

When listing merchandise you purchased at a mini storage auction on Craigslist, it is important to choose an easy method of contact.  If you opt to be contacted through the website, be sure to check your email.  Have an answering machine turned on if you provided your phone number and will not be home.

Finally, decide on a method of delivery or pickup.  State this in your listings.  You can deliver products to your buyer, but keep the cost of gasoline in mind.  Don't let unnecessary travel expenses prevent you from profiting from the buying and reselling of public storage auctions.

Flea Markets and Storage Auction Secrets

Make Money With Storage Auctions And Flea Markets

Do you want to profit from the buying and reselling of merchandise sold at mini storage auctions?  If so, you need to choose a method of resale.  If you have customer service experience and many quality items to sell, you may want to sell at a flea market.

If you want to make money with selling mini storage auction merchandise at a flea market, proceed with caution.  Remember, your goal is to make money, not lose it.  You must rent a table or space at a flea market.  Some organizers charge very high fees.  Depending on what you have for sale, flea markets may not be worth your time or your money.

Speaking of what you have for sale, know how to buy valuables and resellable items at mini storage auctions.  If you can inspect bins or storage units beforehand, do so.  If not, look for signs or use your best judgment.  A storage unit filled with moving boxes and furniture may be the sign of two households that consolidated into one.  Household goods can be resold for a profit.  Also, look for name brand products and antiques.

Returning back to selling at a flea market, see what is available.  If you live in a large city or town, you may have multiple flea markets to choose from.  Before making your choice, visit them.  Which flea markets receive the most traffic or are open the longest?  Then, examine dealer fees.  You do want to keep your costs down, but keep quality in mind.  A flea market that receives more traffic is worth a higher dealer fee.

In keeping with location, if your local flea markets are not popular, you may want to examine those in the nearest large city.  You may have to pay higher dealer fees, but the increased traffic may be worth it.  Do you have a large van or truck that you can use to transport your goods?  If so, consider this as an option.  If you cannot find a decent flea market, remember that you can sell your mini storage auction merchandise online or host your own yard sale at home.

As for dealer fees, see what options you have.  Can you purchase a selling spot for only one weekend, a month, or the whole year?  If you intend to use mini storage auctions to your full advantage, like by traveling to attend them and buying as much as possible, a long term rental is recommended.  The longer you rent a space at a flea market, the bigger discount you should receive.

It is also important to get as much information as possible.  If the flea market organizers have a website, visit it.  If not, call or ask questions in person.  It is not uncommon for some organizers to limit what can be sold.  Upscale flea markets do not want to appear as if they are one big yard sale.  In these instances, it may be common to find secondhand clothing prohibited.  Before paying a dealer fee or signing a contract, make sure you can sell what you have.

When pricing your items, it is recommended that you first do research online.  Make sure you don't have any valuables.  Yes, you can still sell valuables and antiques at a flea market, but know their worth.  As for the rest of your merchandise, keep your eye on making a profit.  Remember what you paid for the merchandise, as well as your dealer fee.  Make sure you walk away with a profit, even if you must slightly raise the price.

As for why flea markets are considered a better method of reselling, it has to do with sales.  Those shopping at flea markets expect to find a good deal, but not deep discounted items like the ones sold at yard sales.  This allows you to reasonably set your prices higher.  Shoppers also visit flea markets with the intent to buy, as a shopper may have to pay an admission fee.  This, alone, increases your chance of making multiple sales.

Wednesday, March 30, 2011

Insider View of Dave Hester - Storage Wars Villian

The Lighter Side Of Dave Hester

Dave Hester is the "bad guy' on Storage Wars. However, in this video he shows an insiders look into how he makes his living buying storage lockers at auctions. The video is provided by The Auction Guy Dan who is the auctioneer you see on the show. You can visit his YouTube channel here or his website here. Dan and Laura Dotson are good people and provide alot of insight on the storage unit auction business.

Sellling Your Storage Auction Merchandise

Tips For Reselling Mini Store Auction Winnings

Do you want to make money with the buying and reselling of items purchased at a mini storage auction?  If so, you need to know what you are doing.  Many people rely on trial and error.  Yes, you can do this or you can continue reading on for a few helpful tips.

The first step in profiting from mini storage auctions starts at the auctions themselves.  When possible, bid low.  This increases your chances of making a profit.  The less you spend, the larger your profits will be.  Next, be on the lookout for items you can profit from.  The tricky part is that some items are stored in boxes, making it impossible to see what you are bidding on.  That is why you are encouraged to keep your bids as low as possible.

The key to making a profit with the buying and reselling of merchandise is to buy it in the wrong market and sell it in the right.  Mini storage auctions are considered the wrong market, but this is in your favor.  Why?  Because you tend to walk away with a better deal.  You are essentially paying a wholesale price for multiple items.  As for the right market, this is where you stand to make the most money.  By choosing the best method of resale, you can make the biggest profit.

So, which method of resale is the most profitable?  It depends on what you have to sell.  Due to their size, furniture and large household appliances are best when sold locally.  When selling locally, you can rent a table at a flea market, host a yard sale, or post a for sale listing on Craigslist.org.  Yard sales are nice, as you can sell all of your items at once, but many people expect to find deeply discounted merchandise.

Items that are smaller can be sold online.  One of the best markets for doing so is eBay.com.  When you sell on eBay, someone from across the country can buy from you.  Smaller items are recommended for reselling online, as they are easier and cheaper to ship.  It is also recommended that you sell valuables online, as you stand a better chance of their full value.

Speaking of valuables, there are some items that you may wish to have appraised.  Be on the lookout for dealers who appraise your items low and then offer to buy them.  This is a common scam that you do not want to fall victim to.  If this happens to you, you may have a very profitable item on your hands.  Why?  Because true dealers do not purchase junk. 

When reselling merchandise you bought at a mini storage auction, it is usually recommend that you clean that item.  For example, if you get a box full of clothes, you may want to wash them first.  You may want to wipe DVD packages clean before selling them.  You will want to be careful with antiques though.  Their age and the history behind them are what makes them valuable.  Not only do you wash away history when cleaning them, but you may also damage the product.  With antiques, it is best to let the buyer decide what they want to do.

In short, there are many ways for you to make money with mini storage auctions.  To improve your chances of making a profit, buy as much as you can. 

Tuesday, March 29, 2011

Making Money On Storage Auctions

How To Walk Away Making Money

Have you heard that you can make money with mini storage auctions?  You can.
 
Unfortunately, doing so can be tricky.

Before outlining ways that you can walk away from a storage unit auction making a profit, it is important to highlight the risk.  Unlike estate auctions, do you not get to see or inspect the items beforehand.  In many cases, you are bidding blindly.  If you want to profit from storage unit auctions, you need items that you can resell.  You may, however, walk away with a bin filled with someone else's family photographs.

Despite being somewhat risky, there is still a good chance that you can make money buying merchandise at storage unit auctions.  The first step is choosing the right auction.

Most companies will outline online or in a newspaper classified ad how the auction will work.  Do you bid on whole storage units or just sealed bins?  Whole storage unit auctions are popular and they tend to have higher bids.  Of course, you can and should visit all mini storage auctions, but if you are limited on funds, you may find the best luck with individual bins.

If you are bidding on whole storage units, take a close look.  This involves arriving about ten or twenty minutes before the auction is slated to start.  Although you cannot get right inside, you can gauge the merchandise.  Unfortunately, many small and valuable items, like jewelry, are sealed in boxes or bins.  With that said, there are still a number of signs that the contents inside may be profitable.

Is the storage unit packed to capacity?  You may be surprised how many items some people can stuff into small storage units.  While these types of units can be difficult to get a look inside, they are popular.  Those packed to capacity will generally end with a high bid, but your chances of making money increase.  The more items inside, the better the chance are that some are sellable for a profit.     Next, look for boxes.  If you can see them from the outside, closely examine them.  Do any boxes appear as if they have been opened and resealed multiple times?  If so, this is a sign of something that is needed, like insurance documents or family photographs.  These items are not profitable to you; they are essentially worthless.  In fact, you may be required to turn them into the auction officials.

In keeping with storage boxes, are they labeled?  If so, can you read what they say?  Be on the lookout for moving boxes.  They usually have the name or logo of a moving company.  They may hold household items, which can be easy to resell for a profit.

It is common to find furniture inside a self-storage unit.  After all, most people can store a few boxes at their home or in their basement.  Those who rent storage units need a place to store items large in size.  These items, unless packed to capacity, should be visible.  The furniture alone can give you a generalized bid amount, but use your best judgment.

Yes, it is advised that you never judge a book by its cover, but this is what you should do when looking to profit from mini storage auctions.  What does the visible furniture look like?  Is it antique, modern, or cheap looking?  Antique looking furniture may be a sign of a family heirlooms passed down, some of which can be valuable.  Cheap looking furniture may be the sign of a frugal shopping. Yes, frugal shoppers do own valuables, but your chances of making a profit decrease when quality does.

The above mentioned tips can help to get you started with buying items from a storage unit auction.  Remember your main goal is to make money, but you don't always have control over doing so.  In all honesty, making money through these auctions is all about consistency and trail and error.

Monday, March 28, 2011

Storage Unit Auction - Be Prepared

Preparing For A Storage Unit Auction

Do you want to make money buying and reselling items bought from a storage unit auction?  If so, you are not alone.  Many are finding self-storage actions to be an easy way to make a profit.

If you have never attended a storage unit auction before, you may be curious what you need to do in preparation.  Please continue reading on for a few helpful tips.

The day before or the morning of the auction, contact the company.  You will want make sure that auction is still set as scheduled.  If you have to travel far, this will save you a wasted trip.  Some people will make good on their overdue bill to save their stuff, even at the last minute.  This may result in an auction cancellation.

Most importantly, get cash and have plenty of it.  Once you attend your first mini storage auction, you will see how much great stuff is available for bidding.  Yes, you don't always get to see or inspect those items up-close and personal, but you may get caught up in the moment of bidding.  You may want to place multiple bids.  Rarely are credit cards or checks accepted

It is also important to plan on winning.  Yes, you may not, but always have a plan set in place.  You only get a set number of hours, which may be less than 24, to remove your winnings.  If you don't already own a truck or van, can you gain access to one?  Additional moving supplies are recommended as well, including work gloves, plastic tarps, and cushions.

As previously stated, you will want to plan on placing a winning bid.  This means creating a plan of action, in terms of what to do with your recently purchased merchandise.  Although this plan can wait until after you win, it is best to have a generalized idea.  Why?  Because the sooner you can resell the items, the sooner you can make a profit.  It also reduces the clutter around your home, as you won't need a place to store it if it is already gone.

If you win the contents of a whole store unit at an auction, start sorting right away.  You will end up with "junk," that you just want to throw away.  Stop by the junkyard on your way home.  In some rare cases, the storage company may have a dumpster onsite.  If you use it, be prepared to pay a small fee, but it is a convenient way to quickly get rid of garbage.

In addition to items that are considered junk, in terms of quality, you may come across personal items.  They are useless to you.  Turn them over to storage company.  If they do not accept them, you should properly dispose of them in a quick, yet safe matter.  Contacting the original renters is possible, but you may run into problems.  If you offer to give back their family photographs, they may try to get everything else back too.

Once you get all of the items home, resort them again.  This is best done as soon as you unload.  Create three different piles.  What do you want to keep?  What do you want to resell?  What can you donate to charity? 

You will also want to determine ahead of time how you plan to resell these goods.  This is important, as it can have an impact on your storage or where you unload them to.  If you plan to sell on eBay, take the items into your home so that you can clean them and take pictures.  If you intend to sell at a yard sale, leave them in a convenient location, such as your garage.

As previously stated, you can make money reselling merchandise you bought at a mini storage auction, but it can be risky.  There is always a chance that you will walk away disappointed.  If and when that times comes, try again.  Remember, the more merchandise you buy at mini storage auctions, the more your chances of profiting increase.


To Visit Storage Auction Blueprint Click Here or on Picture Above

Sunday, March 27, 2011

What Can I Find at a Storage Auction

What You May Find At Mini Storage Auctions

Do you want to start making money with mini storage auctions?  If so, you may be curious as to how the whole process works. 

When looking to profit from mini storage auctions, you place a bid.  As for what you are bidding on, it depends.  You may bid on a sealed storage bin or a whole storage unit.  Different companies host different types of auctions.  To profit, you take the items you bought and resell them.  Since you are, essentially making a wholesale purchase and paying one fee for many items, there is the potential to make money.

One common question asked is "how much money can I make?"  It does depend on how much you spend at a mini storage auction.  The less money you spend, the more you can make.  It also depends on your resale methods, as some are more successful than others.  Many use Craigslist.org, flea markets, and yard sales to sell locally.  As for selling online, many use eBay.com.  What you buy can also impact your profits, as some items are more valuable than others are.

Since what you buy at a mini storage auction may have an impact on your profits, you may be wondering what is available for sale.  It depends.  People use mini storage units for a wide range of purposes.  Some use them when consolidating two homes into one.  Others use them to store household items when they relocate to a smaller place.  Storage units are also used to house items that people no longer need, but still want to hold onto, such as family heirlooms or financial documents.

Despite the possibility of a variance, depending on the storage unit in question, there are some items you are likely to find at a mini storage auction.

Furniture.  Furniture is nice because it is easy to spot.  Unfortunately, you don't always get to see or inspect merchandise up for bid, but furniture can be seen from far away.  Look for furniture that is antique in nature, as it worth more.  With that said, furniture is something that people need; therefore, it can be resold for a profit.

Home decor.  Home decor often makes it way to mini storage units.  Some homeowners change their decor on a yearly basis, but may not want to part with their old pictures and paintings.  Home decor can be antique or cheap, but it will always resell. 

Home appliances.  Home appliances, such as microwaves, dishwashers, blenders, and toasters can be found at mini storage auctions.  As with the above mentioned items, these are considered great.  Everyone needs these items in their homes.  This means that they will resell, especially at a yard sale. 

Children's items.  It is common to find kid's clothes, books, and toys in a storage unit and at an auction.  This is because these are items that kids outgrow.  As for why they are saved, some parents just don't want to part with these items.  Many hold onto them just in case they decide to have another child.  Yard sale and eBay are popular resell markets for kid's toys, movies, books, and clothes.

The above mentioned items are just a few of the many that you may find at a mini storage auction.  In fact, you can find just about anything ranging from antiques to jewelry to clothes to family photographs.  The key is buying merchandise that you can resell for a profit.

Friday, March 25, 2011

How To Be Succesful At The Auctions

Dos And Don'ts For Mini Storage Auctions

If you want to start making money with the buying and reselling of self-storage auctions, it is important to know what you are doing.  Yes, you can make a profit with mini storage auctions, but there is always a risk involved.  To help make sure you see a profit, please continue reading on for a few helpful tips.

DON"T go unprepared.  If a phone number is provided call ahead of time to see what you need.  Most likely, cash will be the only accepted method of payment.  Ask if you can arrive early to look around.  Know if you have to pay a fee to participate in the auction.

DO anticipate on winning a storage unit auction, even if you do not.  This is important, as you usually have 24 to 48 hours to remove all items.  For that reason, it may be best to arrive with a truck or a van. At the very least, bring a padlock to secure the unit until you are able to return.

DON"T try to buy back your belongings at a mini storage auction.  If you are behind on your bill and find that your items are being sold, talk to the owner right away.  Some will cancel the auction up to a few hours before if you are willing to pay your overdue bill.

DON"T bid too high on sealed bins or closed storage units.  Yes, you may walk away with a lot of valuables, but you may also walk away with nothing more than family photographs and personal documents.  Even if you can't look around, you should be able to take a quick peek inside a storage unit from outside the door.


Do You Want To Succeed At Your Next Auction? Click Here To Find Out How

DO look for signs that you have hit the jackpot.  This can also give you a good bid idea of how much to bid.  Look for storage units that are packed full, filled with home appliances, furniture, name brand products, and antiques.

DON"T bid high just to win.  Unfortunately, it is easy to get caught up in the moment at mini storage auctions.  Yes, losing to a higher bidder does stink, but don't let the competitive environment cause you to lose money.  Remember, there is always next time.

DO try to resell what you can.  If you must, get creative.  Do you have a lot of poor quality or stained clothes?  Cut up the clothes to create scraps for sewing.  Sell them by the boxful.  Do you have a broken piece of furniture?  Try to fix it before opting to throw it away.

DON"T pay to dispose of items you can give away for free or donate to a charity.  Remember your main goal is to make a profit.  This involves limiting your expenses, including trash removal costs.

DO know that you have a number of different reselling methods.  Hosting a yard sale may be your first idea, but that is not your only option.  Many successfully use yard sales, flea markets, online classified ads, newspaper classified ads, and eBay to make a profit from the buying and reselling of self-storage auction merchandise and you can too.

DON"T give up if you have a bad experience the first time around.  Did you pay $100 only to learn that nothing can be resold for a profit?  If so, don't let that stop you from bidding at mini storage auctions.  To see the most profits, it is all about consistency.
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Monday, March 14, 2011

Understanding The Storage Auction Process

How A Storage Auction Works

If you haven't been to a live auction before, the prospect of going to your first storage auction might seem a little intimidating. Not to worry! Storage auctions are very straightforward, and you'll quickly get the hang of it. Just be prepared to use a little observation to get a feel for the process and how to identify profitable units to buy.


The Auction Process

Be sure to arrive 10 or 15 minutes early so you have time to sign-in as a bidder with the auctioneer. Bring a photo ID, as many auctioneers will require this of all bidders. The auctioneer will gather the bidders and explain the auction procedure and ground rules to everyone. Then the first unit is opened and the bidders will have a few minutes to peer into it--without going inside--before the bidding begins. Most storage auctions are conducted as “live” or “verbal” auctions, although a very few are “silent”, sealed-bid auctions.


In a verbal auction, the auctioneer will usually start speaking quickly in “auctioneer speak” and looking and listening to the crowd to find out who wants to bid. The auctioneer will call out a price and ask if there are any takers. You can gesture affirmatively to the auctioneer if you want to make a bid at that price. If there's a lot of action, you can call out a higher bid. Once the bidding settles down, the auctioneer will say “going once… going twice…,” and if there are no further bids, “SOLD!”


Once the bidding is complete, if you've won the unit, you must secure it with your own padlock. The auction then moves on to the next unit at the facility. Once all the auctions are complete, you'll meet with the auctioneer to pay for your units and complete the auction paperwork. The storage facility will typically collect a cleaning deposit from you, which they will return when you have emptied the storage locker and left it broom-swept so that it is ready to be rented to a new tenant. You will not be permitted to use the facility's dumpsters, so be prepared to haul away and dispose of anything that you don't want!


Often, an auctioneer will sell units at several different facilities in the same area on one day. After each facility's auction is completed, usually the bidders will follow the auctioneer to the next facility. A “roving auction” like this may start in the morning and continue until mid-afternoon, with dozens of units being sold.


Finding The Auctions

Surprisingly, it's not always easy to find out when these auctions are happening. Only a few storage companies and auctioneers post their auction schedules on the Web, and many of these web sites can only be found if you know exactly what you're looking for! The storage company is usually required to place out a public notice of the auction in a local paper, so you could read through those every day in every paper and write them all down on your calendar. Or you could get out your phone book and call all the storage businesses in town every month to ask them when they're holding the next auction.


An Easier Way

As you can see, if you live somewhere where there are a lot of storage facilities, it's a lot of work to keep up to date with all the auctions. That's where we come in. At StorageAuction.net, we have the most comprehensive listings of storage auctions anywhere on the Internet. And all you need to do to access them is sign up for a free account! We keep records on thousands of storage facilities and are constantly updating our database of upcoming storage auctions. With StorageAuction.net, you'll always know when the next auction is!

Friday, March 11, 2011

Popularity of Self Storage Auctions Spurs Change

 Change in Tennessee Lien laws



Self storage auctions are getting swamped with attendees in recent months as popularity has grown, causing many states to look at streamlining their lien laws. Earlier this week, both Nevada and Florida legislators reviewed proposed changes to their states’ self storage lien laws. Now Tennessee has joined the ranks by introducing legislation that would lift the newspaper advertising requirement for self storage lien sales.

Due mostly to the popularity of A&E’s “Storage Wars” reality show, novice bidders have begun to flock to self storage auctions hoping to find treasure amongst the boxes and bins. The demand for storage auctions has grown exponentially and many states are looking to smooth the process by taking a more modern look at what some self storage associations are calling outdated and overly stringent lien laws.  Auctions and lien laws are of such great interest that the Inside Self-Storage World Expo, March 14-16 at the Paris Hotel & Resort in Las Vegas will be conducting two special seminars and a workshop that will focus on lien laws and auction sales.

The proposed Tennessee state legislation known as Senate Bill 1293 and House Bill 1265 would allow facilities to contact auctioned tenants by verified mail, which would include e-mail and hand delivery. The new advertising requirement would still require facilities to post clear auction information, such as time, date, place and manner of the sale. To be commercially reasonable an auction would require at least three bidders but no newspaper ad would be required.

For lien-sale notification, the new Tennessee law would allow for hand-delivered notices and verified mail which is far less costly than previously required Certified Mail. The bill also approved e-mail notification and does not specify an e-mail proof-of-receipt requirement. Based on a Tennessee Self-Storage Association survey with 350 respondents some interesting numbers arose:

• 80 percent said they do not subscribe to a local newspaper. 


• 83 percent said they do not read the legal notices in a newspaper. 


• 80 percent said they had regular e-mail and Internet access. 


• When given four choices for preferred methods of receiving notifications if they default on their rent, 53 percent of respondents chose e-mail, and only 2 percent chose via a publication.

 “The law should enhance communication between businesses and consumers,” said Sherry Cole, a member of the Tennessee Self-Storage Association Board of Directors and chair of the legislative committee. “The current law does not allow us (self storage owners) to use a more efficient means. In fact, the law is doing a disservice to operators and consumers. The law needs to be modernized. Technology has changed in the past 31 years.”

The proposed changes in Nevada law include legal e-mail auction notifications with confirmation of tenant receipt, as well as newspaper-free advertising requirements and new procedures for handling delinquent tenants’ protected property. Introduced by Sen. Mike Schneider, the bill would allow self storage owners to notify tenants of an auction by “verified” means, including traditional mail or electronic communication with evidence of receipt. Pre-auction newspaper advertising would be removed. However, the bill requires at least five bidders who are unrelated to the owner to attend the auction in order for it to be considered commercially reasonable.

Regarding Florida law, the Self Storage Association and the Florida Self Storage Association (FSSA) also aim to save self storage operators money by changing the mail-notification and newspaper requirements of a lien sale. One bill, HB 459 revises the notice requirements relating to lien enforcement and addresses limitations on liability. SB 1772 also affects notice requirements by allowing postal notice by First Class Mail with a certificate of mailing as well as an e-mail notification. The bill would also get rid of provisions that relate to advertisement requirements while clarifying provisions that relate to the right to create contractual liens or limitations on liability.

Sources Used:
“Tennessee Bill Proposes Changes to Self-Storage Lien-Sale Process.” Inside Self-Storage. March 9, 2011.
Stevens, John. “Two States Tackle Proposed Changes to Lien Laws.” Self Storage Industry News. March 8, 2011.

Thursday, March 3, 2011

How Can I Make Money With Storage Auctions

Storage Auctions - How To Win and Make Money Today

Author: Charles Myers

What is a Mini Storage Auction for Quick Cash? A mini storage auction is one of the best kept secrets in today's marketplace for making vast amounts of money without spending much time or effort. Of course, it does take some knowhow, but it is an earning possibility that just about anybody can master in a short period of time. To be able to earn money from a mini storage auction, however, you first need to know what it is.

A mini storage auction begins at the storage unit facility. This is a place where people can keep their things while they don't have anywhere else to put them. The customers for these places are assigned a unit which is locked with a key, and they pay a monthly fee for the use of the space. However, when a customer fails to pay his or her bill for a long enough time, the potential for the mini storage auction begins.

The owner of the storage facility has upheld his or her end of the bargain by keeping the customer's unit safe and secure, but if the customer doesn't pay for a certain length of time, then the agreement (signed by the customer when the unit was rented) states that the customer will receive a warning that the bill must be paid by a certain date, or the contents will be sold to try to recover what is owed.

Should the customer still fail to pay, the mini storage auction is set to begin. The mini storage auction is a completely legal process and occurs only when the storage facility owner has followed certain clear regulations. For example, after the final warning, the customer has to be given at least two more weeks to come up with the money before a mini storage auction can take place.

Then, the mini storage auction is advertised so that people can decide to participate. On the day of the mini storage auction, it's a good idea to arrive early so that you can have the opportunity to have a good look at the contents before placing a bid. The contents are not sold individually, but are sold as a complete unit - if you buy one thing, you've bought it all.

The highest bidder at a storage auction then wins the contents of the unit in question, and once that amount has been paid, he or she must remove those contents within the following 24 to 48 hours. The contents could be just about anything, from items that are completely useless to anyone but the original owner, to some real treasures. It's important to know the difference between the two, and to know what to do with them once you've purchased them.

For that, make sure to download your copy of Mini Storage Auction Riches today, and start profiting from the next mini storage auction tomorrow.

Article Source: http://www.articlesbase.com/collecting-articles/storage-auctions-how-to-win-and-make-money-today-4214513.html

About the Author
Charles Myers is an online marketing expert that can show you the hottest money making products that make money and how to use them to profit like never before. Download his hot new money making manual right now and get the low down on how easy and fun it is to make extra money on your weekends. Grab your free copy at:

Mini Storage Auction Riches

Wednesday, March 2, 2011

Sam Gets Angry



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