Everyday millions of people in the United States are faced with losing their homes. They struggle trying to figure out how to pay the bills and sadly, for some, the end result is losing their homes. Often, however, those people don't lose everything that was IN there homes. Storage facilities often offer the first month free. So a lot of these people, with limited funds in hand, run to a storage unit and put their stuff into storage to avoid losing that too. The problem is that storage fees can become quite high over time and many of these people end up losing the storage unit too – WITH all of their stuff in it! Here is where you come in.

Every month self storage units around the country have people who default on their storage agreements. The self storage companies will then auction off the entire contents of the unit to the highest bidder. This allows you to take the stuff and then sell it on eBay and other auctions sites. This method of making money involves online and offline legwork, however, the benefits can be enormous.

Here is an overview of how the process typically works. The storage unit facility will advertise an auction day. You go to the auction. The auctioneer lifts up the front of the unit and you are allowed to see what is inside. You are not allowed to touch anything, however. Then, you and other people bid on the entire unit. The bidding typically starts at a $1. Once you win, you typically have a few days to clear out the unit. Once you win, you can go through everything and determine what can be sold. Then you take pictures of the items, load them on eBay and sell them to the highest bidder. Many famous people, including Michael Jackson, have lost items by leaving them in storage without paying the storage bill. Some of the items are obviously worth more than others and it will be up to you to decide what is junk and what is a treasure, but one person's junk really IS another person's treasure in this instance. There are people who are actually able to support their families by doing this.

You may ask yourself why you would want someone else's junk. The truth of the matter is that it isn't all junk. Many, many times people put their stuff into storage and then become hooked on drugs. After a few months, they have forgotten about that stuff or have become unable to maintain the unit. Some people just run out of money and have no way to get to their stuff. Some people are injured or become incapacitated and can't get to their stuff. Think about it. If you put something into storage and didn't tell your family and then something happened to you, who would know that you had stuff in storage? The bill would simply stop being paid and then your unit would be sold. It doesn't mean that what you had in it wasn't valuable.

To find out about storage unit auctions in your area, you can use the phone book to look up storage units and call. Many storage companies hold their auctions at particular times every month. The next few articles are going to highlight a few of the more unconventional ways to make money online that may not come to mind when you are putting together a mix of things to do. Take some time, examine each and then decide what works for you. Remember, one person's junk is another person's treasure!

To create an eBay account if you don't have one, click here. Ebay is great for buying and selling new and used items.

Written By Kila Morton

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