If you decide to go into the mini storage auction business (which is also known as public storage or storage units) it’s best to be a one man operation to save on overhead. This way you can work out of your own home and store items in your garage.
Although, you might rent a storage if it is warranted. You won’t bring in nearly as much money as those guys you will see with the big trucks and their many helpers, but you will save on paying higher overhead.
In other words, the bigger business you build the more often you have to hire people to help you do some of the heavy lifting. Then, you need a big truck to haul your unit’s contents away, pay for more insurance, payroll taxes and have to rent a large building, etc.
Some people open up thrift stores, their own auction houses, set up booths at flea markets and swap meets during the week and weekend to sell things they buy at mini storage auctions.
We don’t want to make storage unit auctions income the hard way, we want to do it the easiest way possible, because we will be selective with the units we bid on, win and purchase.
If you happen to want all the information in one convenient place with chapters in it for making storage unit auctions income, I encourage you to buy my book.
I have been there and have done it. Experience is your best teacher, but learning from someone who has the experience can help you steer clear of the pitfalls and give you an edge in the beginning. My book is a basic guide for the wanna be storage auction bidder. But, you don’t have to buy the insider’s guide, as everything I think you’ll need is right here in this website.