James Jones talks about a source of auctionable or resellable goods that can be purchased at steep discounts that few of your competitors will bother to frequent.
Just about any city in United States there are storage facilities that are set-up so that people who have too much stuff in their house, or too much junk in their house, can store their stuff out, you know, in the storage facility. And they usually charge about a 100 bucks a month for renting out one of these units. What will happen a lot of time is, people will not pay their bill. The storage company will lock their unit up and they are not able to access the unit until they pay their bill. If they don’t pay it for 2-3 months, it starts to add up really quick because then the storage unit facility will add on late fees and other kinds of different fees and eventually you can get a bill that is in a hundreds and hundreds of dollars.
And so the storage facility will auction off the contents of their unit and sometimes there is some really good stuff in the units – I have seen stuff like really high end bicycles, mountain bikes, stereo equipment, collectibles, antiques and all kinds of stuff. So I got onto a mailing list of the auctioneer that does all the
storage unit sales and so he emails me every week and tells me where these auctions are going to be. And I’ve got to tell you, around this area, in summer time especially, there is about an auction every day.
Note: Sometimes people even leave money in these storage buildings.
No comments yet.