The Business of Storage Auctions

How do storage facility owners decide when to auction off delinquent units? At what point does an owner decide it’s time to tell the tenant to collect their stuff and leave? “I don’t like auctions,” admits Mark Helm, author of Creating Wealth through Self-Storage. From a business perspective, this makes sense. Monthly payments are generally […]

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self storage auctions online

From Storage to Store: Turning a Hobby Into a Business

Storage auction bidders generally try to move the items they win. A lot of people with this hobby value eco-consciousness and helping those in need, but profit motivates seasoned unit-flippers. Many sellers turn to eCommerce to monetize storage unit finds. The old standby, eBay, is a popular choice. Yet eCommerce, while a booming segment of […]

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movie memorabillia

Celebrity Memorabilia Won at Storage Auctions

The Beach Boys Paperwork A unit listed as containing “documents and papers” indeed contained documents and papers. Specifically, $10 million worth of The Beach Boys’ contracts, lyrics, music and royalty checks. The band sued, but the auction winners retained ownership and resold the entire collection. “Deliverance” Props Apparently, Burt Reynolds is a hoarder. For somebody […]

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Don’t Judge Storage Auctions by Their Locations

If you think the best storage auction facilities are nestled in Beverly Hills, where the rich and famous stash their spare diamond-encrusted toilet seats, you’d be forgiven. But you can’t judge a storage facility by its zip code. Here’s why: People Shop Around Yes, proximity to where you live is a good thing when selecting […]

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StorageTreasures Online Storage Auctions

StorageTreasures.com Acquires Storagestuff.bid

StorageTreasures, LLC, the owner of StorageTreasures.com, the storage industry’s leading online auction platform, announced it has acquired StorageStuff.Bid, a well-respected competing online storage auction site. As part of the transaction Cheli and Chris Rosa, both seasoned auctioneers and employees of StorageStuff.Bid, will join OpenTech Alliance, Inc., managers of StorageTreasures.com and majority stakeholder of StorageTreasures, LLC. As […]

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10 Ways To Profit From A Storage Auction

10 Ways To Profit From A Storage Auction When you get into the storage bidding business, you can be competing with dozens, sometimes hundreds of other bidders for only a few units. In order to make the most of your opportunity to profit from a winning bid, you need to be knowledgeable about not only […]

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movie props

Movie Props Found In Storage Units

While movie props often pop up in the homes of the actors who take them home afterwards, or at a public museum, others have randomly been found in storage units that have been auctioned off. It doesn’t happen often, but when it does we’re pretty starstruck! Lotus Espirit Submarine In 1989, a Long Island contractor […]

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is it real gold or silver?

Is it Real Gold or Silver? How to Tell

When it comes to jewelry, there are convincing fakes and there are unimpressive gems (literally). Some simple tests can save you a trip to the appraiser if it turns out the pieces are fake. Jeweler’s Stamp The first thing you want to do to determine whether jewelry is authentic is to check for markings. No, […]

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