Storage Auctions

Did some research?

Did some research?
« on: September 02, 2012, 06:49:42 PM »
I was watching Storage Hunters (yeah I know how fake the shows are).  But one couple keeps saying that they "did research" on the bin or the people who owned the bin.  How the heck would they know anything?

There was one storage place near me that advertised the peoples names when they said they were going to auction their stuff off, but that was the only time I saw names.

Would the storage places tell you the peoples names / background?

Just curious.

Offline Cobia

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Re: Did some research?
« Reply #1 on: September 03, 2012, 08:54:08 AM »
I was watching Storage Hunters (yeah I know how fake the shows are).  But one couple keeps saying that they "did research" on the bin or the people who owned the bin.  How the heck would they know anything?

There was one storage place near me that advertised the peoples names when they said they were going to auction their stuff off, but that was the only time I saw names.

Would the storage places tell you the peoples names / background?

Just curious.

Most auction listings list the names of the tenant who's locker will be up for auction. Some people spend the time to Google or Facebook the names listed to get an idea about the people who are about to lose their locker. Problem is if you live in a large city the list tends to look like this

John Smith.............147 listings in the city
Andrea Walker........14 listings in the city
Don Adams.............22 listings in the city
Tammy Williams......18 listings in the city
Joe Johnson............87 listings in the city

How are you going to figure which one's unit is up for auction?

Now sometimes you get lucky and the owner is Fabio Carrlione Rainmaker, Whew, only one Fabio Carrlione Rainmaker in town, it must be his unit! Lets see, FCR's Facebook page says he is a retired banker and his hobbies are sailing, world travel, and coin collecting.

The day of the auction you are ready with this wealth of research in your hands and head. The door goes up on his unit and all you see is some average kid's furniture and a bunch of boxes. Hmmm, you know this guy is rich, sails, collects coins, there must be something great in there. You take a shot, you got the research, you bid $1000 & win! Now you start tearing through the boxes just like Barry on Storage Wars. 1st box-clothes, 2nd box-used toys, 3rd box kid's clothes, 4th box-stuffed animals, & again, & again, & again. Nothing but cheap worn clothes, old broken toys, stuffed animals, and other assorted garbage!! WTF!!

What you did'nt know is Fabio Carrlione Rainmaker has a beautiful 24 year old daughter, unmarried, with three kids, and a nasty drug habit. She doesn't have the money or credit to rent a storage unit by herself so she got dear old dad to rent the unit for her. Of course she promised to make the payments and daddy trusted his little girl, but she lied, needed money for drugs, so she let the unit go in default.

Now aren't you glad you spent all that time researching the owner of the unit?

The point of the story is, for the most part, when the door goes up on a unit, what you see is what you get. Finding out some juicy info about the owner may only lead you to make a bad bidding decision based on your belief that there must be soemthing great hidden in the unit. Of course gamblers have made big scores in the past by using this method, but you've got to be willing to risk and lose some serious money.

Good Luck!

Offline MovieMan

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Re: Did some research?
« Reply #2 on: September 03, 2012, 09:42:49 AM »
Cobia's analysis covers it all ! (almost)

Re your question "Would the storage places tell you the peoples names / background?" .... only if you have established some kind of rapport with them over a period of time.  Managers run the gamut from "friendly" to "grumpy" with grumpy frequently winning out. When you are paying a married couple $36,000 plus living space they often tend not to go out of their way for a process (auctions) they see as infringing on their free time.




Re: Did some research?
« Reply #3 on: September 03, 2012, 11:37:07 AM »
if i see a don adams name in the paper im going , ive always wanted a shoe phone

ive seen rooms  for lionsgates films go up for auction in manhattan several times and ive always kicked myself for not going (yes i know they were probably crap or files but I was curious nonetheless)

Offline MovieMan

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Re: Did some research?
« Reply #4 on: September 03, 2012, 12:00:55 PM »
if i see a don adams name in the paper im going , ive always wanted a shoe phone




You're in luck !   

http://www.ebay.com/sch/i.html?_from=R40&_trksid=m570.l2736&_nkw=shoe+phone

Re: Did some research?
« Reply #5 on: September 04, 2012, 06:45:30 AM »
 :D ;D :D ;D


but if i get it off ebay theres no chance of finding the cones of silence or agent 99s underwear


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