Storage Auctions

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Messages - mncableguy

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16
Stories about Storage Auctions / Re: dishonest auctioneer!
« on: October 24, 2011, 06:09:24 PM »
I would think that they would have a hard time picking over the lockers. The locker owner could show up 5 mins before the auction and pay it off. If things are missing from their locker someone would have some explaining  to do.

I think they hide the cherry picked items the night before the auction and risk it. Most people who are really trying to get the payments in call, and try and try to come to an arrangement. Those likely to not show up at all never call or return a call or a letter.

That is why I have an issue with pre-cut locks. They no longer keep the  honest people honest when they are gone.

17
Other Forms of Selling / Re: My own website
« on: October 24, 2011, 04:18:10 PM »
Here are a few things I learned over the years in my other business.

If it's free marketing USE IT. ALL OF IT! Twitter, facebook, mailchimps (your own e-mail list, lets people know of incoming items and deals, craigslist, ebay free listing days)

My business tweets, facebooks, sends text messages, has a web site that sees 10,000 visitors a month (my business is a "nitch" business, maybe .5% of the population is in to the hobby)

it's a lot of work, but if you use the tools right, one thing will post to the other for you. When I post to my e-mail list it's automatically tweeted and posted on Facebook. I put 2 hours in to setting up my last "sale" building the e-mail, craigslist post and forums post. I see a open rate close to 50% on my e-mail marketing.

Those two hours turned in to a net profit of just over 1000 dollars in one day.

18
eBay / Re: Ebay Shipping via USPS Flat Rate
« on: October 24, 2011, 01:57:14 AM »
Kinda funny.. the company who has been in the business the longest is the slowest to adapt to new technology ;)

I get the e-mail from fedex confirming a package sent to me has been delivered to me before the driver has completed her short walk back to the truck.

19
Yup, been there and done that. Moved on from worrying about it. Do this long enough and you'll enjoy the other pleasure of missing a locker because you didn't have enough cash on you, which sucks even more then scenario 1 because it's usually a locker you want baddddddd!

bought a nicely stocked tool locker once. paid 901 dollars for it.

Next richest guy had 900 bucks. I had more ;)

20
General Storage Auction Talk / Re: What i sthe average cost you spend
« on: October 23, 2011, 02:45:44 PM »
Honestly, I should keep better track. But..

Travel $0 I work the auctions in to trips to that area for my other business. I try not to buy lockers that won't fit in my full size van. Been known to sell items to others that wanted one item from the locker on site.

Dump runs $60 a ton. I avoid them as much as I can. I pay 100 a month for the 3 yard dumpster behind my shop. I use that as much as possible. tipped once a week.

Storage? I turn and burn on a lot of items I buy. IE, I dump clothing on CL in lots, I find i do better asking $50 for a tote bin of infant clothing than trying to price it and list it outfit by outfit. Might make more, but it's much easier to lay it all out, snap a photo and list it as a lot. I'll price large items 10-25% less than others on CL to move them quickly.

When I do need to store something I keep it in the basement of my business. I pay $100 a month for the 1500 square foot basement. (Inaccessible except through my shop. but he wanted "something" for it) but a good 50% of that is unrelated to storage lockers down there.

I should mention I am a bit like Berry in the show. I buy looking for things I want to keep. I always want to make money on the locker. Thankfully the items I keep tend to be items no one wants anyways ;)

21
Suggestion Center / Re: Storage Auction Depot Ad
« on: October 20, 2011, 08:43:21 PM »
Yea it doesn't look they are doing to well lol. We just swapped banners awhile back maybe time to look for a new replacement

so your saying its not the first place to look but rather the last?

22
The Treasure Chest / Re: Got a 5x10
« on: October 20, 2011, 07:38:26 PM »
Sounds like the type of unit I stay away from.  I just don't have room for furniture and those TVs would cost me $10 each to dispose of if they don't work.

Hope you do well with the unit however.  May the unit fairy leave you a goodie or two behind sofa #1.

Your lucky to give a tube TV around here away.

23
"5 bucks"!!! That's friggin' hilarious. :)

didn't even go out to the units. just held it right there in the office. auctioneer waited almost half an hour past the start time before I said uhh.. how bout a buck a unit.

No one was happy with me, but I don't care. It was a bid and they could not turn it down.

3 of them went to the dump, one was all summer kids clothing with good names (it's getting ready to snow here) so I'll have to sit on that one, other was household stuff. Even at 5 bucks I am not going to get rich.

24
New to Storage Auctions? / Re: Here is a dumb question......
« on: October 20, 2011, 04:35:02 PM »
I will add about the mattresses and non working appliances. You can take apart the mattresses and throw away all the cushioning and take the coils to a scrap yard. It does not pay much, not really worth my time, but I have a partner that will take them off my hands, and that is what he does with them. Same thing for non working appliances. You can find people who will buy them off that fix them up and sale them. Or you can take it yet again to the scrap yard.

I burn them. however the metal parts left over still take a lot of space when hauling scrap. And they don't weight enough to pay anything.

I buy matress units but only if I see value ;)

25
First auction I went to. 3 lockers in. I bought it.

had about 400 feet of industrial shelving units in it. They area ALL still down in the basement of my business. Paid 100 bucks for them. They hold about 15,000 bucks worth of inventory for my non-locker related business. Over the past 7 years they have held about a million dollars worth of stuff. Great investment if you ask me ;)

Went to a 5 unit auction the other day. Left owning ALL of them. I was the only one to show up. best 5 bucks I ever spent. No. I won't tell you where it was ;) Last time 4 people showed up. I read the obit of one of them while checking out the public notices. not sure where the other 3 where.

26
New to Storage Auctions? / Re: City Slicker or Country Bumpkin?
« on: October 19, 2011, 07:54:25 PM »
I hadn't thought about rich people moving out of the city. This is true, however, it seems that rich people would not fall behind on their payments, unless they lost their job or something. Thank you for the reply. We'll find out this Saturday!

They do die. Sometimes family does not know (or care) about the locker.

27
Hush.. you where not suppose to tell ;)

28
How did they get the winners name?

I am going to start using fake names. Last thing I need is the looser who lost the locker calling me trying to get stuff back.

29
General Storage Auction Talk / Re: A trend? Pre-cut locks...
« on: October 17, 2011, 08:16:13 PM »
Exactly!

Plus as others on here have said before, imagine if the auctioneer or storage facility rummages threw the unit and say takes a watch or ring or something of value and then the owners pays up right before auction, can you say lawsuit!

I don't think they remove items. HOWEVER, I do think they stage them.

30
Stories about Storage Auctions / Re: Jackpot ! Jackpot in the Safe ?
« on: October 17, 2011, 04:09:47 PM »
My dump is charging around $40 a ton I think, BUT if you only take a pickup-load (stacked as high as you can get it) or a van load (no more than 8 feet behind last seat) you only pay the minimum which is $16.

In my van I have taken in about 1,900 pounds max and gotten by with the minimum price which saves a few bucks over the weigh-in price.

In the case of the 1,900 pound load the minimum price (without weighing in) would have saved $22 as that weight is 95% of a ton.





we recently replaced the floor in my store. We removed a layer of VCT tile, a layer of 1/4 sub floor, a layer of 1/2 chip board, another layer of VCT and then a layer of 3/4 due to water damage.

It all fit in my half ton GMC van. Tipped the scale at the dump at 8000 and change. Left at a hair under 5000...

Paid 150 to dump it. Construction debris is less.

The dump is own and managed by waste management. Maybe that's the problem.

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