What is a Storage Auction? Storage auctions occur when a self-storage facility sells the contents of an abandoned unit in order to recover the cost of missed payments. Some people use these auctions as a way to gain items at a low cost, thus enabling them to sell the discovered contents at a profit. In…
Allow me to introduce myself. My name is Travis Lane and I’m the head geek here at Online Storage Auctions. I’m also a professional storage unit buyer, author and advocate for the industry. I’ve been referred to as the “Man Behind the Curtain,” but I assure you, I’m not quite that mysterious. I’m more like…
Most people are familiar with truck rental companies only when they need to move. If you’ve ever packed up your family and moved across town or cross-country, you’ve probably dealt with U-Haul, Penske, Budget or any of the other big truck rental companies out there. When you work in the storage auction business, you’ll find…
Do you know what the top five collectibles are today? Trends change. While it’s important to stay on top of the current trends; this list is a standard of stable and lucrative collectibles that pass the test of time. Be on the lookout for items like these while attending storage unit auctions. Rare Vinyl Records…
What type of merchandise you will most commonly find inside a storage unit? Household items, of course. The second most found merchandise is clothing and lots of it for all ages and many different sizes. If you find designer clothing you may get a quick flip online or at a flea market or swap meet….
The resale of items is where many auction hunters, thrifters, or pickers, will lose money. You may ask too much for an item or too little. Terapeak is an eCommerce analytic tool that will assist you to determine what the best items are to sell on Amazon or eBay and how to list and price…
Do you know the difference between “Pickers” and “Thrifters?” A true-blue picker will explore people’s homes, barns, storage sheds, fields, garages, stores, and basically anywhere (and I mean ANYWHERE) under the sun. Pickers don’t mind climbing on top of a mountain of “stuff” inside a dilapidated building. Actually, they enjoy it! They will crawl deep…
Where do you hide your valuables? Present day we have several choices, including storage units. More often our most valuable possessions placed in a safety deposit boxes. But during the Great Depression in the 1930s, people didn’t trust banks. They hid cash and valuables inside the walls of their home. Inside a mattress. Or what’s…
Oh joy! You won a 10×10 storage unit filled with mystery boxes and sealed plastic containers. The possibilities in a word — endless! Time to put on a pair of gloves and dig, dig, dig for that big payoff. First few boxes filled with books, old magazines and clothing. That’s to be expected. As you…
In the end of May, a Seattle man learned a hard lesson about the importance of clearing a storage unit quickly. After spending $700 on the unit, he secured it with his own lock and one from the facility. When he returned the next day, the facility’s lock was gone and the unit had been…
