No Loss?

The storage owner revealed, “I really don’t make much money out of auctions – it’s to try to cover our expense. 90 percent of the time I don’t cover my losses. One unit may have cost me $600 and the person bids at $400, so my revenue has still suffered a loss.” Adding, “An unpaid unit does not make any money. The sooner the delinquent tenant can be moved out, the sooner a paying tenant can move in.”