my channels
business · cars · dieting · diy · dogs · etiquette · fitness · frugal living · green living · health · home business · home improvement · jobs · parenting · self help · travel
more

saving money, frugal living, shopping, finding discounts, frugal shopping, auctions, second hand shopping, personal storage, used items,
saving money
frugal living
finding discounts
frugal shopping
auctions
more...

Finding second-hand items cheap


RELATED ARTICLES
How to buy a great cheap used car from Hertz, Avis, Thrify and other car rental ...
How to live large on the cheap
Making money on hot collectibles: vintage cigarette items

This is a method for obtaining second-hand items such as clothing, furniture, electronics, and more quite inexpensively.  You can use these items yourself, resell them on ebay or in a second-hand store, or simply donate anything you can’t use.

People rent personal storage units all the time.  When they fail to pay for their unit for an extended period of time, the unit is advertised in the local paper that it will be auctioned off on a certain date.  Generally, these auctions are poorly attended, and the units are not well-valued because the storage company is just trying to recoup some of their costs and get rid of the stuff in the unit.  They usually give you a look at the unit before you bid, but you can’t open boxes or actually go into the unit in most cases.  Storage units can contain clothing, media of all types (records, books, cds, dvds, etc), electronics (computers, stereo systems, tvs), furniture and anything else someone might want to store.

You would think that if the stuff is valuable at all the unit wouldn’t go up for auction, but it can happen for any variety of reasons.  I purchased 2 units locally for a grand total of $15 ($10 for one, $5 for the other).  Out of this I got the following:

  • A water cooler jar with over $120 in cash and coin.
  • Furniture - One sofa, 2 chairs, good condition.
  • Clothing - good condition.

Books, tapes, a baseball card collection, other collectible figures and items, a drum, kitchenware, a playstation with games, and more stuff I can’t even remember now!  All this for $15!

To find out what’s being auctioned near you, look in your local paper, and call around to the local storage places.  Some of them hold auctions only once or twice a year, others do it every month or so as units go delinquent.  It can be a great way to make money on the side or just find new stuff for your new apartment or home.

Benjamin J. Miller


ABOUT THE AUTHOR
Benjamin J. Miller
Financial Advisor
New Paltz, New York

MY STATISTICS
Level : Site Editor  [?]
36 Factoids published
51 followers & subscribers
+ 134 positive votes
MY EXPERT RANKINGS
#1 in personal finance
#5 in business
#4 in saving money
ABOUT THIS ARTICLE
0 comments
Published 13 months ago
in response to: Starting a second-hand clothing business
+ 1 positive votes
SHARE THIS ARTICLE



NEW ARTICLE ALERTS
Sign up for notifications when new knowledge articles are published in topics relating to this article:
 saving money
 frugal living
 shopping
 finding discounts
 frugal shopping
 auctions
 second hand shopping
 personal storage
Email address:

Get published. Earn money. Gain Web cred.
Apply for a writer's account on Factoidz.

Related Articles
Cheap and frugal Halloween costume ideas

Free Music: A Guide to Finding Free Music Legally.

Finding Winter Tropical Vacation Deals: Some Easy Tips

How To Find Cheap Or Free Baby Stuff

How to shop smart for used second-hand clothes, and make them look fabulous!

5 tricks for finding the best travel deals

Tips for Finding Perfect Jeans

Online Shoe Stores: Review Of The Top Stores

Shoebuy.com: Online Shoe Shopping Review & Experience

The Walking Company: Online Shoe Shopping Review & Experience

Republish this article [?]
You may republish this article with proper attribution to the author and Factoidz.
Click to highlight the text, then press Control+C to copy to your clipboard
Popular in Saving Money
Chegg vs. Bookrenter: Which textbook rental service wins in price and service?

How to Make Alcohol: an extremely cheap, fast, and easy way to make decent quality alcoholic beverages

How to Choose a Fixer-Upper Home to Restore and Flip

How The Boiling Point Of Water Affects Cooking In High Altitudes

How to Teach Your Children to Save Energy and Cut Bills Drastically.

How To Get Rid of Roaches like a Redneck

View more Saving Money articles
Popular in Frugal Living
Bamboo: The Miracle Crop From the Past and a Hope for the Future

Chegg vs. Bookrenter: Which textbook rental service wins in price and service?

How to Make Alcohol: an extremely cheap, fast, and easy way to make decent quality alcoholic beverages

How to Teach Your Children to Save Energy and Cut Bills Drastically.

How To Get Rid of Roaches like a Redneck

How to build your own DIY garden containers

View more Frugal Living articles
More Related
How cheap white vinegar can be used to keep your house sparkling and smelling fresh

Cheap Summer Date Ideas

Seven Cheap Stocking Stuffers for Hunters on Your Christmas List

12 Cheap Stocking Stuffers for Teen Girls

Finding Auto Insurance: How to Find the Lowest Car Insurance Rate Available

How to buy a great cheap used car from Hertz, Avis, Thrify and other car rental companies

Review of Chegg book rental service

Online Shoe Stores: Review Of The Top Stores

Comments & Questions
Leave comment
You can sign in to comment under your Factoidz account.

Your name:

Email address:

Homepage (optional):

Comment:

Notify me of new comments