You are not alone if you have ever wondered just what treasures you may find in a storage unit. Many people tuck things away in storage units, either forgetting about what is placed in there or passing away without anyone ever knowing they had a storage unit.
This leads us to storage auctions. The question of whether there is money to be made from storage auctions is asked often thanks to the various TV shows showcasing storage bidders. The answer varies greatly, in fact, it is really difficult to know whether the unit you are going to bid on will be worth your time and perhaps make you a decent profit. The only glimpse of a storage unit you will receive is the one before the auction starts and while you may not be able to tell anything from that glimpse. There are a few things you can look for that might help you weed out the dud units from the profitable ones.
What to Look for In a Storage Unit
Here is a small list of things you can look for in a storage unit when that storage unit door goes up.
- Professional Moving Boxes
- Plastic Wrapped Furnishings
- Undisturbed Layers of Dust
- The Value of Items Laying Out in the Open
- Climate Controlled Units
These signs can indicate that there may be valuable things hiding away in a storage unit, however, it can still be a gamble as to whether you come away with a decent profit.
After the Bidding
If you win an auction and come away with a storage unit or two, where do you go with the things in a storage unit?
The best thing to do is to visit an experienced appraiser. You want to find someone that is trustworthy and can give you a good idea of what each piece is worth. This information may come from research, an appraiser or your general knowledge of a product.
Once you know what everything in a storage unit is worth, find the best place to sell your goods. This could be online, at an auction house or at a local thrift store. Look for reviews online and keep records of what you sell, how quickly each piece sells and what price you get so you can start to gather information on the best places to sell particular items.
If you are looking for a self-storage facility in the Loomis, CA area or you would like to know what items can be found in a storage unit, contact the team at Tri-City Self Storage at 916-652-4642.