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Messages - westgabargains

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General Storage Auction Talk / Re: Business Info Needed
« on: October 12, 2011, 07:54:31 AM »
A business license may or may not be required by your state or local government. A business license is not required by the IRS.

You also have to be careful with charge backs (something you don't have to worry about with CASH). When you take a credit card, you are subject to the terms and conditions of the card issuers merchant agreement and even if you sold something as-is where-is, you may still suffer a loss if someone charges back the sale or the card turned out to be stolen or things of that nature.

General Storage Auction Talk / Re: Exercise Machines and there metal
« on: September 27, 2011, 07:44:41 AM »
I must be in a good area for weights and weight benchs as I have always done really well with them. Sold one large multi station machine for $300.00 and never had to move it out of the unit. (I rented the unti for a month as it was a 10x30 packed).

Garage Sales / Re: Yard Sale Time
« on: September 23, 2011, 02:42:11 PM »
I would NEVER spend the money to dry clean a item to sell. Run an iron over them and let it go at that. Most women I know try to avoid dry clean only items as best as possible when they are new and my wife, for one, would never buy a used item that was dry clean only as it just costs to much to have it cleaned.
As for the regular clothes. I wash mine and put on hangers (if I think I can get $3 or more for it) as soon as it comes out of the dryer to keep the wrinkles down as much as possible.
If it is a dollar or less item, don't wash it, just throw it in a pile.

As I don't smoke crack, I don't know how weird this is but I found an old gas mask that had been fitted with a crack pipe. I guess they didn't want to waste any of the smoke.

The "statue" appears to be an old display that was used to display necklaces in department stores many years ago.

New to Storage Auctions? / Re: Was this a one time deal? or my noob mistake?
« on: September 16, 2011, 03:46:55 PM »
I am not sure what you mean by it will eliminate one bidder. Until the hammer drops (or the auctioneer says its sold), anyone can get back into the bidding. Many times I have dropped out only to have a change of mind and jumped back in to the bidding war.

New to Storage Auctions? / Re: Was this a one time deal? or my noob mistake?
« on: September 16, 2011, 07:36:23 AM »
Most auctioneers I have encountered do not say going once, going twice etc. Many will say something like last call or all done but many will just say sold (especially if the facility staff is handling the sale) if there are no bids for 15- 30 seconds.
If there has been consistent bidding and then there is a pause, you need to put your bid in or this may happen again.

General Storage Auction Talk / Re: I am beginning to think...
« on: September 15, 2011, 12:39:06 PM »
I agree with Teacher's reason number 3. I believe the quality lockers are getting fewer and farther between because the facilities are giving the owners more time to come up with the money on the good units (knowing that with the TV shows, they can still recoup the money) and a lot of the owners are catching up their back payments.
I have been to several chain facilities and seen the same units for months at a time with a facility lock on the unit but with the owner's lock cutoff. Other than some sort of notice error, there is no other reason I can think of that these units would not sold the month the owner's lock is cut off.

Suggestion Center / Re: Server Issues
« on: September 13, 2011, 07:53:11 AM »
I am getting server error messages almost everytime I click on a page. The rare occasion that I don't, the page is taking 3-5 minutes to load. Just FYI.

Also, noticed that the membership number is under 1800. Yesterday, it was around 2200. What happened?

Stores / Re: Booth space versus full store - I bit the bullet
« on: September 07, 2011, 08:03:32 AM »
Thanks Ironman for your advice. I have told the owners that I want the next space available (they told me it would be 1st of October) and I am going to give it a shot. I have several larger (furniture) items that I will put in the space but I am hoping it will be an outlet for all of the smalls that I have accumulated that are too inexpensive to justify the time and effort to put on CL or Ebay.
Glad to hear you are doing so well. I have heard of Big Shanty Antiques for years. I may have to head up there and check it out myself.

Thanks again.

Stories about Storage Auctions / Re: Jackpot ! Jackpot in the Safe ?
« on: September 07, 2011, 07:44:13 AM »
I'm in GA but I would start the mahagony chest at a minimum of $125 on Craigslist and work down from there. I think it would sell north of $100 but I wouldn't take less than $75 for it. The footlocker/chest could be anywhere from $50 to $150 (maybe more) depending on the age, condition and maker.
The piece with the wine rack would be 150 minimum if its a solid piece of furniture. If it is assemble yourself furniture then maybe 50 if it is in really good shape.

I love watching storage wars. The biggest thing I don't like about the show is when they rattle off the prices they can get for the stuff and I that point I begin yelling BS at my TV set. I also hate it when they calculate the profit at the end of the show and refuse to include labor costs, transportation costs, dump fees, etc.

I would also like to know how Barry, in his Jaguar or other non-realistic storage-buyer car, transports his locker finds. Does he hire someone to haul it all off? Does he cherry pick and give the rest to someone? How does he get it off the premises and where does he take it?

In the book Millionaire Next Door, being an auctioneer was discussed as one of the best ways of becoming a millionaire. As I recall (its been years since I read the book), there were more millionaires who were auctioneers than there were doctors who were millionaires).

Most valuable: Broken Gold Necklace I found in an office desk drawer that I sold for $500 back when gold was ONLY $900 an ounce. Almost new Knaack Gang box that I sold for $475.

Favorite: Surround sound amplifier for an Ipod/mp3 player that I kept. It was about $250 new at the store and I would have never bought one but I use it all the time. Mosin Sagant WWII Sniper Rifle.

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