Don't count out the smalls or nick knacks!

At a recent sale I found my self wondering how all the little stuff  i had was bringing in all the money. I only had 1 big sale first thing in the morning, after that it was all the 1 and 2 dollar items or less. In my mind this was crazy, no other big items sold that day. Here is the point don't just donate or throw away the small things found in storage units because they can add up. Also don't get stuck on prices to bad let it go, get something for it and remember it is for profit.

STORAGE AUCTION FURNITURE REDONE

I have another piece of furniture I have just finished. This one was painted with krylon black satin paint + primer spray paint. The hardware is painted with krylon brushed nickle and a designed stenciled on.
                                               
                                                                       BEFORE

AFTER

EXTRA MONEY FOR MY STORAGE AUCTION

My first project is done! Does it pay off? I dont know yet I will keep you posted. Here are some before and after pics.

GETTING MORE PROFITS AT A STORAGE AUCTION

I am trying something new to me, that is fixing up furniture to maximize my profits from furniture from storage units. I am also learning about repurposing (changing what ever you are working on into another working object) to increase profits on items that otherwise wouldn't have much value or no value. My first project is a roll top desk. Since this is my first I am just doing basics, sanding and painting. I am going to make another page to post before and after pics. The desk is laminated particle board so far not easy for me to deal with.

I am trying spray paint on it to see if that works. First primer then I am going with satin black and stainless drawer handles. I will keep posting as my project continues and it may take a little bit because it is my first.

STRAIGHT TO PROFIT AT A STORAGE AUCTION

If you think profit in this business is easy and there is gold and silver and literally treasures in every storage unit, think again. It actually does not happen that often. On top of trying to evaluate the storage unit you are dealing with a time limit, other people (some more experienced than you), and what I call "cash limitation." Know what you can sell the items for not what others can sell it for. All these can effect your profit greatly.

You might ask yourself, "How do other people affect my profit?" Well there are a few ways:

1. It's as simple as bidding you up and making you pay more for a unit than you want or even what it is worth--know when to quit. 
2. Getting in your head by talking about the unit just loud enough for you to hear. That could go either way: talking good or bad about the unit (watch and see if they bid and how high; also if they win it or not).
3. Outbidding you. If you don't buy it, you can't resell it. Make sure you have enough money.

Speaking of having enough money "cash limitation" can be a problem. When bidding make sure you have enough money to risk on the unit. I did say risk because every storage unit is a risk. The opposite is true to know your cash limitation when bidding ( how much you can afford to risk).

Knowing what you can sell for. You may not be able to sell for as much as others can sell for, keep that in mind it is very important. 

The storage unit evaluation is the most important, because if you don't evaluate right you can loose big.

For me furniture is my biggest seller so I look for that in a storage unit. You may have a different big seller so when the door opens on the storage look for "your items" these are items you know you can sell and for how much. 

Keep all these things in mind when you are at your next storage auction and see your profit increase.