Storage Auctions

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81
The Treasure Chest / Re: Things You Personally Collect
« Last post by Travis on July 21, 2017, 08:42:22 PM »
I am an ardent fan of jerseys and my huge collection ranges from football jerseys, basketball jerseys, soccer jerseys, ice-skating jerseys, and everything else jerseys. I do not wear them neither do I display them out at home. I just love admiring them occasionally when I get bored with nothing much to do at home.

Jer-Sey cret is safe with us.  ;)
82
The Treasure Chest / This Unit Was Like Christmas
« Last post by Travis on July 21, 2017, 08:37:51 PM »
Bought one this week that looks okay. A little pricey but there were two nice reclining leather sofas showing and lots of totes. I had pushed my bid a little passed my limit, hoping that whatever was in the totes would make up for my over spending. First tote, the usual DVDs, pots, pans, utensils, silverware. The silverware was actually the same set that I have at the house, so I was pretty stoked about that. Man, I need to get a life. Next box was full of Christmas decorations, and the next, and the next, and the next. Then things changed, the next box was full of Halloween decorations, and then more Christmas decorations, and more, and more. Just as I was about to give up hope, I found a new set of JBL subs in an enclosure, a large fire safe and a home automation system. The home automation system is pretty cool. It has a master control unit with a 6 inch color screen, a WIFI doorbell camera, a WIFI deadbolt with numerical touchpad, a WIFI thermostat, a WIFI garage door controller, a security system and a WIFI surveillance camera with audio. The system is worth about a grand. Not sure what's in the safe, if anything, but I should be able to resell the safe for at least a hundred. Found out something really cool about the new Sentry safes with the touchpads and no key ....if you don't have the combination, you can slide a high power magnet over the actuator located in the upper left corner of the door and it will open. 

Update: the safe was empty, big shocker there. However, I opened some luggage and there were several pair of new boys Nike's and Addidas tennis shoes including some Jordan Melos.
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The Treasure Chest / Re: Score
« Last post by PaulChau on July 20, 2017, 02:10:59 AM »
Successful finds like this are what motivate me to attend storage auctions! However, I have not personally been to one so I have doubts as to whether there are really hidden treasures in there or are they just junk and not worth even a single penny. I think I would need to tag along when a friend or a family goes for bidding and witness the uncovering process myself so as to truly believe.
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The Treasure Chest / Re: Hidden cash
« Last post by PaulChau on July 20, 2017, 01:00:30 AM »
Wow! I guess you really need to dig deep to uncover hidden treasures. Just imagine what a pity if the glove had been stored inside a furniture piece instead and you had sold it unknowingly. It takes patience to go through every successful storage auction bid before you can truly reap some profits.
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Storage Auctions "In The News" / Re: Storage unit buyers find meth lab
« Last post by MelBrandle on July 18, 2017, 01:49:32 AM »
Thank heavens that the owners of the self storage facility are not held liable for the creeps and weirdos who utilise our services and inhabit our units. I would dread to think about how we would handle things if we had to include a screening program for every single customer that walks through our doors. How many customers would be left if we had to do a full identity check I wonder...
86
General Storage Auction Talk / Re: Beer & Cigarettes - Legal to Resell?
« Last post by Travis on July 10, 2017, 10:56:17 PM »
It is better to be safe than sorry especially if the profits that you are looking to reel in are not that high and not worth the possible risks.

I totally agree. Discretion is key. The reason I started this thread is because  :67: "someone I know" came across 45 +/- cases of premium beer in a climate controlled unit. Appears to be overflow from a bar. The person who bought said unit has "traded" about 25 of the cases so far and he just met an individual who drinks a case a day, so the remaining cases should be gone in the next 3 weeks.
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General Storage Auction Talk / Re: When do YOU cut your losses?
« Last post by PaulChau on July 10, 2017, 03:12:18 AM »
I would analyze my current situation and decide if I really need the money or do I really need the space? If I need to clear the space and room as soon as possible, then I wouldn't mind to cut back on my losses. I wouldn't mind even if I get just a few bucks as long as I have the space that I really need which is my main intention of the sale afterall.
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General Storage Auction Talk / Re: Beer & Cigarettes - Legal to Resell?
« Last post by PaulChau on July 10, 2017, 12:11:00 AM »
I think you could sell them to individuals as opposed to large retailers. Usually large retailers need to pay a certain tax amount to become a reseller so if you were to simply sell them without the tax portion, then you might be charged on that aspect. It is better to be safe than sorry especially if the profits that you are looking to reel in are not that high and not worth the possible risks.
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These prices are out of control.

That's nothing new. Online auctions are always higher because the pictures make things look better than when seeing with your own eyes. IMO, let them bid them up and lose money, eventually they will go broke and not be around to bid anymore.
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Online Storage Auctions / Prices are insane in the online storage auction world
« Last post by Travis on July 05, 2017, 01:54:34 PM »
These prices are out of control. Tried buying 5 units online this morning. 2 units were cancelled within 10 minutes of closing. 2 units were bid up so high that the buyers might break even. 1 unit was nice, but they bid it up to $1900 and best case scenario, after selling everything, they would be lucky to pull $2400 out of it....and that's assuming that the washer, dryer and refrigerator worked and that the furniture was all in excellent condition.

Did get one small unit yesterday, paid $55, got a 21 speed mountain bike, Dewalt drill, new Nikes, new Caterpillar boots, new Tony Lamas, lots of nice Polos, some tools and lots of other stuff that I ended up giving to my friends and neighbors. Not a bad unit for the money.

How are the prices at the live auctions right now?   
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