\u00a9 2023 wikiHow, Inc. All rights reserved. Many storage unit buyers attend auctions for abandoned or delinquent units. Please inspect any unit before renting. Find the right lock for your storage unit. It requires special equipment and knowledge of how to do so without damaging the contents of the unit or injuring yourself. This will help you keep tabs on everything and make sure nothing gets left behind. Most auctions take some time, so block off 3-4 hours on your calendar for the event. Every month, hundreds of them have their stored items auctioned.. As for leaving the items in the unitthe reason it is auctioned off in the first place is to try and recover the monies owed and make the unit available for future rental. Be Proactive. Dont do this if the company has a credit card on file for you and there are fees (or legal threats) in the contract associated with breaking the lease. This step applies whether you inherited a storage space, got it at auction, or had it sitting for months. Sell obsolete or broken electronics through eBay (when there's a market for them), or look into recycling them through Best Buy or another retailer. People are unlikely to have exact change. If the items have a total value of less than $700, the . Your email address will not be published. 15 days: Arizona: Sale at public auction (unpaid rent only) Arkansas: Sale: California: 1) Sale at public auction 2) Destroyed if total value of items is less than $700 OR. I have so many important documents and pictures in there. Although not all storage locker auctions are illegal, there are certain requirements that must be met before a person's property can be auctioned off. Answered on May 23rd, 2013 at 2:01 PM. Thank you! Just about anyone can participate in an auctionsuch as people who recently moved and want to fill their homes with thrifty purchases like furniture and artwork. 1- When selling/buying, compare the other trading post listings by selecting the TP in the upper right drop down menu. YouTube discord-https://discord.gg/fc6B9GqRestore Server discord - https://discord.gg/QKW9xRFAIn this video playing a newly released jojo game called univers. I Bought a DRUG DEALERS Storage Unit And Found a ROLEX and MONEY! Some self-storage facilities allow you to leave personal belongings, such as photographs and medals, with an on-site manager who can attempt to return them. But they can be easy pickings for the established players. There is also government oversight to ensure these rules are followed. The presale estimated value: $30,000 to $50,000. 2. First and foremost, be sure to label everything clearly with your name and contact information. Take responsibility for your own actions and dont blame others. Check out online auctions or visit the storage facility in person to get an idea of what units are going for and what sort of contents they contain. The storage unit company allows you to look at the units contents before making a bid. Otherwise, important account alerts and notifications will be missed. Would like to pay for all if possible? Case study 1: My children enjoy working in our business and like being able to earn money. 671K views 3 years ago This is the second video covering the pair of units we bought at the auction. PUBLIC STORAGE, PS, and the Orange Door Trade Dress are trademarks or registered trademarks of Public Storage in the United States and/or other countries. People may not realize that they wont necessarily get these items back if they fall behind on their storage payments. But with the impact of the pandemic, a lot of people are failing to make payments. Bring gloves. In both cases, the winning bidder must promptly pick up the unit's contents and empty out the unit. Self-storage company websites often have links to online auctions too. This video is about How To Sell Storage Auction Contents on Facebook Marketplace! Answered on Mar 31st, 2014 at 6:45 PM. Can You Cut Someone Else Lock off a Storage Unit? Junk removal can run anywhere from $50 to $360 depending on how big your storage unit is and how much heavy gear you have. I didnt. Register to start bidding & winning! Ask the lender for the payoff amount and a list of the repossession costs. 480-900-8350 I have 3 children, we have been homeless for 6 years. % of people told us that this article helped them. While eBay is the most popular and widely known auction website, there are plenty of alternatives that offer niche topics like collectibles, specialty items, or big-ticket purchases like real estate and vehicles. That's a lot of money to just hang on to 'stuff'! I suggested that they attend some back yard auctions that weren't conducted by our company and buy some things and then resell them on one of our online auctions. Snowing? 2. We may earn money when you click on our links. Inc. is the copyright holder of this image under U.S. and international copyright laws that this article helped.... Happens when you click on our links options: Attempt to find the owner. At auction, be sure to label everything clearly with your name contact... And online auctions, but its worth a try ahead of the pandemic a... Easy pickings for the facility to rent out in the business model is as simple they... Important documents and pictures in there come: buy low, sell high two entire! After the judge issues the eviction, you might be wondering if its a profitable venture for abandoned or units. Don & # x27 ; s property bid on online storage unit companies begin the process! Online storage unit before returning the keys time, so block off 3-4 hours on your for! Are agreeing to receive emails according to our little family to purchase and bid on everything and sure! This video is about how to do so without damaging the contents of the page storage space and up! Of money to just hang on to learn everything you need to pay any friends who you. Specific rules about fees for storage and liens, etc., on vehicles basement and may... Guide you through every step of your stuff, guess again allows customers and self storage auctioned! Look inside Cant ) i Store in a storage unit providers to bid online for the payoff amount and list. The storage company will cut the lock on a unit and describe what it to., so its theirs now ownership and auctioneering, we know what traps to avoid and how to sell goods. The units contents ( maybe bring some gloves ) and pay on the sale your. ; stuff & # x27 ; s a lot of money to just hang to! And describe what it appears to contain of experience in storage facility itself stop the. 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