What Are Mini Storage Auctions?
Many look at self-storage units and wonder why I didnt I think of that? Yes, it is a profitable business, but like with any other business, there are customers who dont pay. This is when a mini storage auction is held. If you are unfamiliar with self-storage auctions, you may want to learn more. You may have a ton of questions. How are auctions held? Can you participate? What types of items are sold? If these are questions that you have, please continue reading on to get your answers. As previously stated, mini storage auctions occur when a unit renter does not pay their bill. These auctions arent the result of one missed payment. They are the result of multiple missed payments. The storage auction company in question will, in most cases, do everything in their power to get the renter to pay. However, there comes a point in time when they need to recoup their losses. As for how self-storage auctions are held. It varies, depending on a number of different factors. Some states have stric
