Friday, September 12, 2014

4th Unit

I decided to get a dirt cheap unit so I looked at an online storage auction site. I won it for $11.81. The upside is that I can't lose much (it's possible that it costed more to drive to and from there). The downside is that it looked like trash based on the pictures. But, I was willing to gamble on finding an unexpected item or two. 


I didn't find anything that interesting. The baseball mitts as pictured could each go for $20-30 online, but that may take awhile. I did find something in a plastic bag (not pictured) -- a Calvin Klein suit in good condition, as well as Perry Ellis dress pants. I also found a small flashlight that I could use for future auctions. They're probably not that expensive, but I'm too lazy to go buy one anyways, so that works out. Not a home run unit, but should be able to make a few bucks.

I think if online auctions end at odd hours, it's likely that they can end up cheaper than live auctions as live seems to be more popular. Also, bidding wars seem less likely. I will integrate them into my business plan as it seems like an interesting and convenient option.

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