There is perhaps no other reason why anyone would want to
have anything to do with other people's personal possessions sold in auctions
for storage units other than to obviously make money out of it. It might sound
a bit opportunistic to be looking to profit from the misfortune of others
struggling with money matters; but such practice of auctioning contents of
storage containers whose lessors are several months behind on payments is
supported by each state's lien law.
Participants in auctions for self storage Sacramento need not worry, the same lien law also protects the rights
of the lessors by providing time considerations for the lessor to settle their
arrears, cover minimum payments of unpaid rentals, including proper payment
demand and notice of auction to lessors. While lessors with unpaid rental
obligations can actually attempt to buy back their prized possessions in
auctions for storage units, it is not necessarily a good decision to do so
since the lien law allows them up until before the auction starts to settle
their unpaid obligations to reclaim the items in their storage containers.
So, is participating in these auctions for storage units
worth all the trouble of looking through the listings, traveling to the storage
facilities, and hauling all the storage container contents to where you want
them to go? While it is not a sure occasion that you will win in these auctions
for storage units, or that you will actually end up with a storage unit with
great items you can resell, some auction wins could very well compensate you
for all the investment you have doled out for participating.
In these auctions, there are documented instances when
people have actually multiplied their investment in storage auctions by several
hundred folds. In order to make money from your auction winnings, you have to
pay extra attention to what you do before, during, and after the proceedings.
It is important to keep in mind that you are in the auction for business and
that you are not supposed to have too much of an overhead cost for you to
maximize your profits idealorganizers.com.
You must make sure that you pay attention to the contents of
the storage unit that you are purchasing so that you can smartly make your bid
in the amount that gives you quite a margin to work with when you sort out your
winnings in auctions for storage units. This will give you the advantage to
price them for resale.
0 comments: