Storage Wars: New York: Season 2, Episode 8: “As the World Bids.” Everybody and their brother brought a box truck to this storage auction. Not just any ordinary auction mind you, but a VAULT auction. Neatly packed, stacked boxes, and merchandise by a moving company. What does that mean, exactly? Well, people don’t hire moving…
Storage Wars: New York: Season 2, Episode 7: “Legends of the Fog.” John Luke lost on his way to the auction held at the Bronx, again! Joe P brought a buddy nick named, ‘Fog’ (don’t ask). Mike rushed out of his home amidst the shouts of family life. Phew, he made it out of the…
Container Wars: Season 1, Episode 8: “Shark Attack.” Mo and Ty established themselves as the “Team Muscle” by their trash-talk intimidation tactics before the auction. If you pick a fight, you will find yourself in a fight. Uzi bumped Mo. Mo shoved Matt. Ty pushed Matt, twice. Ty pushed Shlomi. Shlomi got all up into…
Thanks to Storage Wars and all of its spin-offs, people are looking toward self storage auctions as a money-making opportunity. Everyone wants the chance to find hidden treasures and resell them for hefty profits. There’s another side to the storage auction business, though, and it’s one that can save you money and be a lot…
You might be surprised to find out that many of the storage units you come across at auction once belonged to other auction-hunters. In some ways, the storage auction community can tend to be a bit self-feeding. When you buy a unit at auction, you have the opportunity to either remove the items or simply…
The key to making a profit from storage auctions is to never pay more for a unit than you can get out of it in sales. Of course, this isn’t always possible. Sometimes you get burned with a bad unit, and sometimes the sales market shifts so rapidly that something you thought would make a…
For a long time, storage auctions were always frequented by the same type of people, primarily men in their middle age, often those who were either retired or reselling full-time. After storage auctions became more well-known, though, a wider variety of people have started to attend auctions. Now it’s not uncommon to see college students,…
Nearly anything can be sold if you can find the right buyer. Some items have more interested buyers than others, however, and recognizing these items will save you a lot of time and hassles when it comes to reselling. Any time you look at a storage unit, you’ll want to keep an eye out for…
The storage auction business is often one of trial and error. There are no guarantees that you’ll make a profit reselling every unit that you buy, or even that you’ll always break even. As you start buying units and selling their contents, you’re bound to make a few mistakes, and learning from these mistakes is…
Reality television rarely paints a particularly realistic picture of anything it depicts, and that’s certainly true of storage auctions. Despite the popularity of auction shows like Storage Wars and Auction Hunters, these shows bear little resemblance to real-life events. Of course, if you’re looking at these shows simply for entertainment, that doesn’t make any difference….
