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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?


To: Neeka who wrote (150985)9/4/2007 8:53:46 PM
From: country bob  Read Replies (1) | Respond to of 225578
 
I'm assuming that different states have different laws on the subject. In Ga, when a person stops paying on their storage unit the manager must seal the unit, contact the renter and tell them If they can't come up with the back rent the contents will be sold at auction, and then advertise the sale twice in the local paper before the actual sale. On the date and time advertised, the manager opens the unit door and the public is allowed bid on the contents of the unit. You're not allowed to step inside the unit - just look at the contents from outside. We will take out the stuff we want to keep (like the jewelry and plasma tv's and such) and the antiques and collectibles (which we put in our antique booths) and sell the rest in a yard sale. The yard sale alone usually at least doubles my initial investment (the last on netted over $2,000). It's a lot of work but a lot of fun. You never know what you're going to find. Most storage rentals have these sales once a month. You will find them in your local paper in the classifieds under "Public Sale" or you can just stop by a storage building place and ask when they're going to auction off some units.