small locker but scored a little

Went to my 4th auction today,  

Right on Friday, 5 pm,  no one shows.  

I thought, yeah. Im gonna get this locker cheap cheap cheap.  


Storage manager walks up and says, thats it - you and me.  


he opens it and I look from the door line. hmm  I started the bid,  $25.  he looked at me and said, im going to bid too, he says $45, I say $60.  (fixing to walk away from it)


I was like.  (thinking in my head)    can they bid on their own lockers?    


got me reeling in and said again outloud , 60.00 and looked at him and said.  thats it.  im walking away,  he turned to me and said, sold for 60 dollars.  

what the heck is what i said.  


Is it legal for him to bid against me?  Then again, this auction was my first with lots of no show but me  



anyways, got the locker but have not scoured through it yet.  Stay tuned for tomorrow.


I ll give you a hint.  a Krause multimatic ladder  $125 is what i can sell it for

a $300 dollar pancake air compressor.      


whole bunch of tin cans with filler welding tig rods (6 or 7 of them - full of new ones)  I can sell those for $25.00 5 lbs parcel.  

maybe get $100 dollars out of it.  

Dish/Direct tv boxes, satellites and couplers - ?  (real old)  

huge, i mean huge extension cord.  the thickness of the cord was as big as my garden hose.  

I might can get $25-50 out of that.



but as far as small stuff, i have to go through it and see if i ll find something.  

Sometimes the legal notices say something to the effect that the management can pull a locker from the auction AND that they reserve the right to bid...and it sometimes happens.

All in all I'd say you did well to get it at that price, and I suspect if you had balked he would have been stuck with it for next time. As it is it didn't cost you much for what looks like a good return.

It's been my experience that they commonly want three people at an auction to make it fly, but two would do it and I once was there with two guys who were together (so three of us I guess).

I let them have the first one for 10 bucks...big 10 x 30 with some lumber and other stuff I didn't want. They let me have the 2nd one for $10...a 10 x 10 packed all the way around...had some good stuff and I think two dump runs.

The third one was the winner with a lot of good stuff showing. They were at $180 and I went $200 and they folded...haven't seen them since. I remember that one as one of the 1 in 50 that I call a real winner. I believe I did $1,500 profit on it and it was all small stuff.

$1500.00  ohhh nice..  that is what i paid last time, I paid 40.00 and got 1300.00. 

I love making that kinda money. 

 


In the paper, it keeps saying baby clothes and baby chairs.  After a quick assement after winning the auction,  only one baby car booster seat.  thats it. 

 

but I think i ll do okay on this $60 dollar locker. 


Loved your story movieman!   

For $60 you really can't go wrong most times if you see anything worth a few bucks to start with.

I'm surprised you was even allowed to bid and they didn't cancel the auction.  Like Movieman said most places want 3 people at least.  I suspect they were "bidding" against you to try and get the price of the rent covered as much as possible.  It is all really going to depend on the facility.  I know one here that really doesn't care what a unit sells for as long as it gets cleaned out quickly so they can re-rent.  So if that had been me at that facility I could of walked away with  a $1 unit.  No chance in my part of that happening.

Count your blessings and play the lottery tonight.  You may be on a roll.

okay, back..

just cleaned it out.  what a long day.


I have 17  (50 lb) boxes of Lincoln Tig Welding rods.   (whew, that was heavy after 5 boxes and pulled a muscle in my back behind my lungs)  (i think i need to go work out -    ) I looked it up on ebay,  80 dollars plus shipping per box.

Thats 1360.00 just for the welding rods.    

I have a Lincoln diesel Gas operated truck bed Welder / pipeliner cover -  i wish i have the whole thing,  its value is $16k

just have the cover and muffler.  Probably sell it for 250?   I cant get a value till i see one for sale.