HI! This is Matt Kilsdonk owner of the site you are currently viewing. I would like to welcome you to the first edition of my redesigned newsletter. First let me introduce myself. I am 18 and a recent high school graduate from a little town in Wisconsin. I have always liked business and finding ways to make money was a hobby of mine. One day I happened to find out about a thing called a storage unit auction. I was curious so I thought I would check it out I attended with no expectations and really no idea what was going to happen.
Whenever I drove past any of these simple buildings I never gave them a second thought, I never would have imagined that these complexes were a tiny hub of business. When I arrived I found out I was not the only one. I was shocked that other people have heard about these auctions as well. The lock was cut off the delinquent unit and I was quickly introduced to a box full of boxes. We were allowed to go into the unit (NOTE: this is not always the case, find out why in my book) I started opening boxes and pawing through the contents imagine someone’s garage sans vehicles that basically describes what the unit looked like bikes and golf clubs, lawn chairs, and toys.
All of the stuff was in good shape, I really could think of no reason why the previous owner stopped paying for what I was viewing. The complex owner couldn't clue me in either. Anyways back to the auction, like I said there were a few other people in attendance, and one lady told the owner "I'll give you $20 for the whole lot" Well that got the bidding going. Without hesitating I jumped in, I offered $30 the same lady shouted $40. Well I realized I had a problem, I only had $50 with me, so I bid $50 hoping that would be the last bid, but alas the lady bid more and I lost. This was all it took one auction, and I was hooked. I started attending more auctions, and soon enough I started winning some. I will share more stories with you in the future, but that is it for now. I hope you enjoy the rest of the newsletter!
When you find your first Auction, you may be a little leery about going, because you are not sure about what to expect
Actually, you have nothing to worry about.
Most auctions I have attended have been run smoothly and quickly. If you understand the rules and regulations of Storage Unit Auctions, you may come away with some incredible deals!
When you first arrive, make sure you know who is in charge, as you are going to want to determine how everything is going to run. When you find this person, ask any questions that you may have, as once the Auction gets started it goes quickly.
Often times, before the Auctions start, the person in charge will have everyone in attendance get in a group to discuss the ground rules. PAY CLOSE ATTENTION! If you still don't understand, ask questions before the discussion ends.
After all of the ground rules are mentioned, you will be led to the first Unit to be sold. The lock will be cut off, the door will creak open, and you will be able to peer into the Unit for the first time.
Now the fun part begins... But this will be discussed in future Tips.
"I had been thinking about attending a storage unit auction for some time, and when I saw one in (---find out in book---) a few miles from my house, I talked my friend into coming with me.
Not having ever attended one, I just planned to watch, but they talked me into getting a number, “just in case” I saw something I wanted.
This auction was on a piece by piece basis (or box by box) instead the whole unit being sold as one.
We stuffed my Toyota Camry for $7.50. Of course, some of the items we just gave to the Salvation Army, but we came away with a number of pictures, (including a framed oil painting), large heavy sleeping bag, large warm fuzzy blanket, bedspread (all in great condition), fan in perfect working condition, large homemade quilt in perfect condition, pillows, beanie babies, candles, and numerous other items.
We also provided quite of bit of entertainment for those attending because we were quite excited. The one thing I missed (while I was bidding on the framed pictures) was a beautiful wooden, musical child’s rocking chair that went for $2.50. Also missed a beautiful, large, new piece of luggage that went for $1.00"
Karen
"What should I do if I don't have a pickup truck or other large vehicle to take away winnings?"
I often get this question, and it is a legitimate concern. My thoughts on it are as follows. A pickup truck is a great thing to have if you plan on constantly attending auctions, but by no means is it something that you need. Many times when you win an auction the owner will give you ample time to clear out what you just paid for. Although just because you can take your time, don't spend weeks clearing everything out. The owner needs the space for another renter, and you are just taking away money from him. From my experiences at most a couple of trips with any vehicle should be more than enough to haul away most contents of a unit. There may be occasions where you may need a trailer or U-Haul something along those lines, to take away bulkier items. But remember if you don't want to deal with the heavy stuff, don't bid on auctions with heavy stuff. Another method that you can use if you want to take your time is ask to pay next months rent in advance. Storage owners will gladly let you take your time moving everything out, all you need to do is pay for a month of storage and you can take up to 30 days to remove everything, that should be more than sufficient.
Well there you have it, the first edition of my newsletter, I hope you found it helpful, and maybe a little motivational. Keep an eye out for the next issue. Storage Unit Auctions are an interesting and fun way to find cheap merchandise, and in my eBook you can find everything you ever wanted to know about them. www.BoxesOfCash.com
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