Storage auctions have sprung up in recent history thanks to TV shows like “Storage Wars“. For those unfamiliar with the concept of a storage auction, it’s quite simple. People who do not pay the rent on their unit, after an amount of time, their unit goes to auction and people can come and bid on it. The doors are opened and people can look in from the outside, then the bidding and the fun begins.
Finding a good storage auction is a tough one, but most people say to talk to people in the know. Avid auctions goers.
Many storage companies advertise in the local paper, so make this your first step. Large companies will advertise in the bigger, more expensive papers, and smaller companies will choose the tiny local paper. By keeping an eye out, you might be able to find an auction not many people are aware of.
By paying a small amount of money, you can sign up to be notified of storage auctions around you. This is the best way to make sure you never miss an auction.
Yikes, talking to strangers, right? Well if you want to find the best auctions, you have to talk to people who frequent these auctions, chance are they have been in the game for a long time. Be wary, however, as these people are out to try and get the best deals themselves.
Probably the biggest tip here, but the location of an auction is everything. Storage facilities in affluent areas will tend to have higher quality goods, while storage facilities in not so nice areas tend to have worse items. Keep location in mind when searching for that winning storage auction.
Storage auctions can be great fun, make sure to spend responsibly and good luck!