Monday, January 24, 2005

Cash In On Abandoned Self-Storage Units

Here's an idea that's a combination of online and offline techniques.  Find a list of the largest self-storage compounds in your area, give them a call and ask them when they schedule the auctions for abandoned units, and get yourself over there with some cash and a truck. 

People abandon their self-storage units all the time - they can't pay the bill, they don't want the stuff anymore, they forget about it, and dozens of other reasons.  Once the monthly payment for these units is over 30 days late, the owners have the right to cut your lock off and auction off the contents to the highest bidder.  The winner gets the contents of the entire storage unit for a flat price, loads it all into their truck, and drives away.

Once you get your haul home, go through everything, clean it up a little, and start listing items on the big online auction sites.  Once you get most of it sold off, repeat the process with a larger storage unit - eventully buying more than one at a time. 

Work At Home


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