It was an interesting 6 months run.... calling it quits.

After about 30 units I am done with the game.

I know Rome wasn't built in 6 months either, but I am tired of trying to sell nice stuff and nobody I mean NOBODY wants to buy it. OuR arEA (California Central Valley) is so depressed people need $$ for food.

I know I could have made it work, but I know for a fact no matter what it would have been TONS of backbreaking work.

Thankfully a friend led me on to another very promising business venture that's more along my alley.

I will miss the gold scores and fun people I met at the auctions and still might come out from time to time for some BSing. But I am going to get rid of what's left and move on.

Good luck all and thanks for all the advice and fun!

You gave it a shot.
Most leave after just a few lockers.

It's tough out there right now.  I'm just picking.  Good luck in your net venture!

I know what you mean...depending on your area, it's tough to sell certain things. Coming from Houston, where anything you put on Craigslist (that is priced right) would sell in a few days to central Texas where an item might take 3-4 weeks to sell, was one heck of a transition.

You just have to be smart about what you're buying and leave plenty of room in case you have to lower your prices to get things to move.

Well, I hate to see you go but good luck on your new business venture.

After about 30 units I am done with the game.

I'm in the Central Valley too (see my signature below) and after almost 400 buys in 10 years I cut way back about 1 year ago. Used to buy one a week. Slipped to fewer than 2 a month about 10 months ago and now in the last 7 months I have bought 2.

Like member Alias I am pretty much just "picking" and while I don't have the buying (and selling) public of around a million he has up north (within 20 minutes of him), I've been happy with my buys and sales.

As another member said, you gave it a shot. Most don't make it beyond a half dozen or so buys or even get around to buying one after going to a few auctions !   

30 lockers in 6 months is a high rate of buying! Sucks that your area isn't buying resale. What are you doing with your surplus?

I am going to do some yard sales.
Actually made $380 last weekend blowing out some stuff.

Wholesale the rest, recycle some and maybe donate stuff.

Right now I would SERIOUSLY consider an offer on everything that's left IF the person takes everything!

2 storage lockers full 10x10 and 10x30 and some stuff at my warehouse.
$500 takes all.

Well, once can hope. LOL

At least you gave it a try. It's been tough this year, sales are coming slower then usual it seems, and there's competition too it seems. Good luck in your new venture.

Right now I would SERIOUSLY consider an offer on everything that's left IF the person takes everything!

2 storage lockers full 10x10 and 10x30 and some stuff at my warehouse.
$500 takes all.

Why don't you list them on VirtualStorageAuction.com. It's free and chances are you'll get more than you're asking.

well you made it alot further than most newbies. buying units and reselling isn't a cake walk its alot of work not only going to the auctions, sorting merch, selling, sitting at flea markets and garage sales, ebay, etc and oftentimes for small profits. reason i liked the whole storage unit industry is alot of it i dont see as work. i know alot of regulars, alot of the day is sitting around shooting the **** and hanging out withh regulars i know. that said its also a ton of work and takes a tole on family and social time, etc. I'm still interestedin auctions and still attend as I can but like you came across an opportunity to make more money alot more easily and focusing my efforts there. auctions are more a hobby for me now days.

Just curious, what is your other venture?

Oh yea, they say everything is getting better. 

I talked to a former regulqar buyer the other day.
Yeah, it's getting better, but NOWHERE to the old days ort even close.
He is doing it for 10 years. Used to buy a locker a week. Now he bought 2 in the last 7 months.

The rule of thumb used to be: Triple or quadruple your money on a unit on average.
Also add the 4 highest priced items you can see and that's your max bid.

If I'd apply these rules I would NEVER buy a unit.
People bit DOUBLE of what BOXES they see. Of course 90% of the boxes are emtpy or filled with dirty kitchen utensils.

There is money in the game, but the return on inverstment and time and labor involved is too much for a newbee like me, who does not have a network of connections that takes years to build.