Storage auctions are part modern day treasure hunts, part gambling and part mystery: you never know what you’re going to stumble into when the storage property manager throws up the door on a stranger’s defaulted unit.
Sometimes you’ll end up bidding a few hundred bucks for a unit that turns out to be worth its weight in gold and full of valuable appliances and collectibles. Sometimes you’ll leave your local public storage auctions disappointed to find that nothing came from all your efforts.
It’s anyone’s guess what will actually happen when you show up to a storage sale in your home town and bid against other buyers that are present there, but you never know: you might get lucky and end up heading home with a great deal of deeply discounted merchandise you can re-sell for profit. Many professional auction pickers make their living this way, buying up lockers as they appear for sale and then re-selling the goods inside.