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

1 comment:

  1. Which is true in all sense. Rather than let a storage space go empty, one can convert it into a money making venture by leasing it.
    ottawa storage

    ReplyDelete