how to make money with storage auctions

Storage Wars TV Show – Can You Really Make Money With Storage Auctions?

Often, when watching a reality TV show, you have to wonder how much of it is “real” and how much of it is scripted.

The new Storage Wars TV show (on A & E) is one of those that has a lot of people wondering.

It seems a little hard to believe that you could find so many exciting treasures that are worth so much money in a simple, abandoned storage unit.

But you know what? I’ve been buying at storage auctions for almost 9 years now and I’ve found my share of high profit collectibles, too!

In fact, just the other day I sold an unused ticket to the 1962 Rose Bowl game that I had acquired in a storage auction a few years ago and never sold. I dug up a few more items from storage unit auctions I had bought in the past and listed them. I was shocked when this one ticket sold for over $180! (I had already made $4,100 on all the other things out of that unit back then, so this item was just “gravy”! Storage unit auctions are the gift that keep on giving!)Because of storage auctions, I’ve turned a $350 unit into $4,400 by flipping the items on eBay and craigslist.

In my very first storage auction, I turned a $700 unit into $5,000 by flipping the items.

I’ve found a motorcycle frame that I got $400 for.

In one storage unit auction, I found cash (coins and bills) from various countries.

I’ve found all kinds of rare and collectible items:

  • Vintage Coca Cola machine
  • Rare political memorabilia
  • Proof Sets (coins)
  • Large high-end aquarium
  • Volkswagen Bus (paid $300)
  • First Edition Books (sold for $2,200)
  • Etc.

So, when I watch a TV show like Storage Wars, I am not only entertained, but I am also taking notes – for the next time I go to a storage auction!

And I can assure you that the kinds of deals they are making are real.

Does this mean that every storage unit will contain a room full of valuable treasures? Of course not! But if you know what to look for, you can definitely tip the odds of making GREAT MONEY in your favor!

I skip past most of the units I see – most units are full of junk and of course, these wouldn’t make for very exciting TV, now would they?

You really have to know what you’re looking for if you plan to do any kind of storage auction hunting.

I believe that storage unit auctions are the last great treasure hunt for eBay sellers and recently, I produced a brand new video training all about making money with storage auctions. It goes into detail on how the storage auctions work, what to look for and how to make sure these storage auctions are profitable for you.

My brand-new video course is called “Insider Secrets To Making Money With Storage Auctions” and it is an “A to Z” MASTER COURSE on how to make money with storage unit auctions!

Dave Espino's "Insider Secrets To Making Money With Storage Auctions"

As I write this, I just made another $3,400 this weekend – all with collectibles that I acquired using these exact strategies – so I can guarantee that these are proven strategies that really work – they have worked for me for 11 years and I KNOW they will work for you!

You know, there is a crop of new TV shows that have exploded in popularity this year:

  • American Pickers
  • Pawn Stars
  • Storage Wars
  • Auction Hunters
  • Auction Kings
  • Auctioneers
  • Cash & Cari

All of these new shows have something in common: they all showcase the huge profits that can be made with collectibles!

In my new video training, I will show you exactly how I do it – how I make as much as $15,000 a month in the collectibles world by finding collectibles in storage auctions and flip them on eBay!

Take a moment to look into this system, it is a proven master course where show you step-by-step how to do this for yourself – so you could make more income and live the lifestyle of freedom and success that you know you deserve.

Click here to discover how to make money with storage auctions!

 

Auction Hunters – How To Make Money With Storage Unit Auctions

The second episode of Auction Hunters (on Spike TV, Tuesdays at 10 pm PST) showed Allen and Ton driving to San Bernardino.

Once again, the show takes a fun, yet educational approach to storage unit auctions by defining some of the lingo used in storage unit auctions and again showing the cool goodies that the Auction Hunters are able to buy.

On the way to the unit, they talk about how it’s a good idea to go to storage auctions in older communities because it increases the chances of landing some older things.

Another good point is made when a room is opened up and the items are neatly stacked and cleanly positioned in the unit. Allen says that these units show more promise because the people took great care in placing the items in the unit as opposed to units that have items haphazardly “thrown in”.

In one of the units, the Auction Hunters see military bags – Khaki green bags – and see this as a clue that a military person owned the abandoned unit. The further insinuation from this clue is that military people travel and therefore there could possibly be items from around the world.

This points out one key point about sizing up storage unit auctions – you have to think like a detective and look for clues wherever you can find them – and, you have to do this in a matter of a minute or two because that’s really all the time you have to look at the unit before the bidding starts!

The “military bag unit” is purchased for $375 and the estimated value of the items in it is $825. (the items include some Morgan silver dollars, an antique “Pepperbox” gun and some antique handcuffs)

Then the guys go to the next unit which they call the “Salon unit” because it contains professional hair dryers.

In this unit, they determine that one of the bidders is a “whale” a bidder with a lot of money who will stop at nothing to win the bid. (I’ve seen this guy at some of the storage auctions I’ve attended in the L.A. area and he’s no whale, he’s just a guy who wanted the unit)

Once deciding on their highest bid, they decide to “drop the room on him”, which in storage unit lingo means bid it up high so that the “whale” spends all his money and can’t come back and bid again on another unit that day.

(I don’t really see the logic in this – the so-called whale can obviously back off whenever he feels like it)

So they go to the next unit and find a unit that no one wants to bid on.

It has only a few items in it and the items do not look like they have much value, but on a hunch, Allen decides to bid $1 and gets it.

They end up turning $1 into $365 because there are some old Lionel Trains and a Christmas tree in there that add up to some decent money.

This show is a lot of fun to watch and goes to show that, if you do it right, storage unit auctions can be a good way to make some money!

If you want to learn how to make money with storage unit auctions with my eBay video training, be sure to CLICK HERE.

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