Auction Units are a great new way to get the money. You buy goods to win the auction and sell it in different ways, such as Craigslist and eBay. The profits of the minirort auction start to maximize profit by avoiding these errors
1. Traveling too far. Everyone understands the high cost of gasoline. If you travel too far to your auction, this travel cost will reach your profit. Although it is true that the more auctions you buy, the more likely you are to earn money, it is also true that you need to be aware of your costs. Your best chance of success is to keep auctions in your city. In big cities, every weekend, auctions are organized, so it takes no more than a couple of hours to travel.
2. Late. If you really want to make money in this game, you're coming early. If you arrive 10 minutes earlier, you will greatly increase your chances of winning, even if you do not receive the auctioned items, you can also check the race.
3. If you do not ask questions. If you do not want basic information, it will really be avoided. You must call in advance and confirm that the auction has not yet been canceled, the accepted payment methods, if it is recommended on sealed containers or storage chambers. You can also find out how many units are available for auction and bidding rules. This information will prevent competition, as most people do not ask.
4. Too high bidding on blind bids. Sometimes containers or pools are closed, but most of the time you can look at them at least. If the units are sealed, your risk is much higher, so keep that in mind. Storage units are often full, but it's time to have only one box in the corner, so be careful. This happens sometimes when the tenants have arrived and removed the goods before the auction.
5. Flashing of the flashlight. If you open the unit you bid for, you can get a quick overview. The inside of the device may have little light, so be prepared.
In summary, you need to understand your market and storage units. If you understand the items that will sell, then the question will be to settle. Of course, it's always a gamble, but it's the job of reducing the chances with the information. Furniture and household items are always good sellers. Find out if there are brand names, look for boxes labeled kitchen, bedroom or living room.
You should not expect to get rich right away. The success of mini-storage auctions is a big success, as you can profit at the first auction, just as you did not. The more you buy, the greater your chance of gaining.