Can You Buy Abandoned Storage Units

Keep in mind this is essentially a form of gambling.

Can you buy abandoned storage units.

Making money buying abandoned storage units here is a home business to do as a second income or side hustle that most of the family can do together. Have you ever watched the television show storage wars. You can find live auctions in your area and attend them in person or bid online through one of the popular auction sites. The storage companies sell the contents of storage lockers through auctions and direct sales to recoup the lost money.

While you may be able to make a lot of money on some of the units you buy many of them will cost you money if the items inside turn out to be worthless. Well that is what this is in real life with more details of how it all works from finding the auction all the way to reselling the contents. The california storage auctions list is updated frequently so check back often. Auctioning off the contents of the unit will allow the facility to recoup the lost rent.

The best way to figure this out is to call a storage facility and ask them when their next auction is being held. At any time there could very well be an abandoned unit up for bids near you. Since sorting and selling the items in an abandoned unit is time intensive storage facilities simply auction the units off to random buyers. First you need to find out where and when the auctions are held.

Storage companies put a clause in their contracts that allows them to sell the contents of a unit if the lessee does not pay his monthly bill for a certain period of time.