Can You Buy Abandoned Storage Units
Keep in mind this is essentially a form of gambling.
Can you buy abandoned storage units. At any time there could very well be an abandoned unit up for bids near you. Any of our 55 self storage facilities across california could have units eligible for online auction. You can find live auctions in your area and attend them in person or bid online through one of the popular auction sites. The california storage auctions list is updated frequently so check back often.
It will state that this person s storage unit has been abandoned due to failure to pay rent and will announce that the contents of the storage unit will be placed for auction on a specified date and time. First you need to find out where and when the auctions are held. Since sorting and selling the items in an abandoned unit is time intensive storage facilities simply auction the units off to random buyers. Have you ever watched the television show storage wars.
If you d like to try buying and selling abandoned storage units here s what you ll need to know. 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. 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. Auctioning off the contents of the unit will allow the facility to recoup the lost rent.
The storage companies sell the contents of storage lockers through auctions and direct sales to recoup the lost money.