ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Auction Hunters Guide: What Awaits You at A Public Storage Auction; Treasure or Trash?

Updated on September 1, 2014
Source


When it comes to public storage auctions, there is little that you cannot find. In fact, you would probably be amazed at what some people leave behind for you to find (I dont just mean the good stuff either). For me, its digging through the contents to find these treasures that excites me the most.


Before I go on to tell you some of the stuff that I have found (and seen others find) in storage units though, I want to let you know that it is not always glam and glory.


Sometimes, you wind up with more than you bargained for, and it can become quite ugly when this happens (I will explain this further later on). So here is my incomplete list of the many types of things that I have personally found in storage units.


Though I have not been quite so lucky, one man found a treasure of gold and silver coins worth half a million dollars in a storage unit (see video below)
Though I have not been quite so lucky, one man found a treasure of gold and silver coins worth half a million dollars in a storage unit (see video below) | Source

The Good

  • bedroom sets/dining room sets
  • antiques
  • motorcycles
  • guns
  • rare coins/money
  • washer/dryer
  • designer clothes, shoes and bags
  • camping equipment/tools/military equipment/woodwork machinery
  • holiday items
  • decorations
  • stoves/grills
  • bikes/toys/exercise equipment
  • TVs/stereos/computers/CDs/speakers
  • china dishes
  • sewing machines
  • typewriters
  • fridges
  • collectibles/train sets
  • couches
  • leather
  • jewelry/gems
  • clocks
  • curtains
  • vases/glass
  • car parts
  • cameras/camcorders
  • baby stuff
  • artwork

As you can see, this is a pretty impressive list, but its far from exhaustive. In one of my better units, which I paid just over $400 for, I found a 6-gallon water jug full of silver coins. I scored just under $1000 on the change alone, and it had a whole house worth of contents in it.

In another unit, one of the first units I ever bought, there were a ton of boxes owned by a small company. They had used the boxes to store their documents. So when I opened the boxes, there were papers and envelopes inside. I was mighty surprised by what I found inside the envelopes.

Apparently the owner of the company was using his storage unit to stash some of his cash. Inside each of the envelopes, there was $300. There were 20 envelopes in total, but I had to dig through about 100 boxes to find them all. So in total, there was $6000 hiding in that unit full of trash. Talk about a real treasure hunt! I paid $60 for the unit.

Thats the thing about storage auction units, sometimes you get lucky and sometimes you dont. Now, if that money had not have been in there, I would have been out $60 and stuck with disposing of a ton of boxes slammed full with junk papers. Being that it was one of the first units I had purchased, I was still unaware of what to look for, and made a mistake by purchasing a unit full of plain boxes. Yet, I was incredibly lucky at the same time. By far, it was my best unit yet.


Now, the bad list below are some of the things that I have found that turned out to be almost completely worthless. You will find allot of this stuff in your units if you are not careful (and sometimes even if you are).



Source

The Bad

  • old, worn-out clothes, shoes and bags
  • broken items
  • dirt
  • rocks
  • fake jewelry
  • non-functioning electronics
  • stolen items
  • expensive furniture that has been written all over by children
  • items that require allot of restoration
  • empty boxes
  • papers and other documents
  • trash


Again, the list is not exhaustive, but you get the point. There is allot of junk to be found. When I wind up with stuff from the bad list, I usually take it to the Salvation Army or Goodwill. This is nothing though, its when you wind up with stuff from the ugly list below, that you really put in some work for your money. It can be frustrating to say the least, but sometimes it can be downright dangerous too.



Nothing but trash...

The Ugly

  • dead rodents
  • live rodents
  • cockaroaches
  • pesticides
  • poisen
  • chemicals
  • drugs/medications
  • used needles
  • used condoms
  • broken glass
  • rusty nails/knives (unprotected)
  • rotten food
  • used toilet paper
  • maggots
  • flies
  • insect eggs (tons of them)
  • spiders, including black widows and brown recluses
  • mold
  • toxic stench


So you can see, its not always nice and fun digging through storage units. You will be surprised what some people pay to keep in storage (and what they dont pay to lose).

While you can almost completely avoid getting allot of the stuff from the ugly list by being careful and knowing what you are looking for (what to look for in a public storage unit auction), it is not completely unavoidable. Some units can look super clean, yet still have that one bag of trash sitting in the corner that reeks of death or worse.



Comments

    0 of 8192 characters used
    Post Comment

    • profile image

      Jim Williams 

      6 years ago

      You can find some auction schedules here: http://www.storagepost.com/auctions. Good luck?

    • daborn7 profile imageAUTHOR

      Rosalie 

      6 years ago from California

      Ann, Thanks for reading! You are absolutely right about one mans trash is anothers treasure. I guess when it comes to the old clothes, if you have something you can do with it, then by all means it would not be a bad find. Making rugs with them is awesome! Unfortunately, Im into quick-turnover with as little effort as possible. I just wouldnt have the time to do it. Still, an excellent and creative idea that im sure could also bring some terrific profit. I look forward to reading your hub telling all about it!

    • AnnRandolph profile image

      AnnRandolph 

      6 years ago

      This is a great hub. I'm getting ready to write my own - with a slightly different twist because I love to find the old clothes. I use them for rug making. I guess one man's trash is another man's treasure. Happy hunting!

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)