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Messages - acman

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106
Stories about Storage Auctions / Re: Lookey Loos Part 11.....November, 2011
« on: November 13, 2011, 11:53:29 AM »
Did a saturday auction on the edge of Metro Detroit civilization.  1 unit a 5x8 packed(went because a 8x40 was on the block, but owner redeemed it).  Anyways 6 people, 4 Bidder.  Thought I'd have a decent shot at getting it.  Had a foosball table, a TV(non flatscreen) Leather chair kinda vintage but I'd say not worth more then $100, a power wheel, and a bike showing. Went for $350.  The guy who won it had the I would bid it to $500 or $600 look.  Even at $350 there was little to no money to be made on the locker.  So pissed!

107
Stories about Storage Auctions / Re: Went to my first auction
« on: November 11, 2011, 01:29:56 PM »
Keep up the smart bidding or non bidding when you see crap.

108
Stories about Storage Auctions / Re: So a lady walks into a unit...
« on: November 11, 2011, 01:07:05 PM »
Please tell me they kicked her out!

109
General Storage Auction Talk / Re: Worth $80 ya think?
« on: November 11, 2011, 12:35:53 PM »
Yeah, but with golf clubs, I'm willing to bet that even before the show someone would taken a chance on the clubs.  Clubs are really finicky as obviously a whole bag can be worth $25 or $500 depending on the maker and condition.

Still not as bad as paying $500 for a 5x10 full of boxes.  Boxes are well they are the devil's work with auctions.

110
Storage Facilities / Re: Are all the storage companys starting
« on: November 11, 2011, 12:28:11 PM »
In some parts of the country storage facilities have been accepting credit cards for payment of winning bid for years so in those areas it has just been part of the game for the regulars. In my area, none of the auctions accept credit cards that I know of. Allowing bidders to use credit cards is definitely a two-edged sword. On one hand it might put a lot more units out of the smart bidders reach, on the other hand it might run the amateurs out of business more quickly.

Did'nt want to use term "noobie" so used amateur instead. I think it is clear that the "cat is out of the bag" so to speak about storage auctions and I think we will continue to see more and more people attempt to get into this business. We are all "noobies" once, and thier is mixed opinion about what qualifies someone as not being a "newbie" anymore. Newbie has a tone of arrogance, like noone else has a right to get into this business. I think we should qualify it more as "serious newcomers" and "amateurs".

serious newcomers-being those who do their research and have a plan before going to auction and start bidding.

amateurs-being those who seemingly have done no research on storage auctions other then the TV shows, and make goofy mistakes like bidding $1000 on a $200 unit, throwing everything away they win in a unit cause they are just treasure hunting, not bringing a flashlight, locks, money, etc. Asking other bidders at the auction for information and advice so they can turn around and use it to compete directly with them, etc.

I live watching the Amateurs as you put it throw away things like scrap metal and items I can sell on eBay in the $4-$10 range that many seem not to treasure.

111
Storage Facilities / Re: Are all the storage companys starting
« on: November 11, 2011, 10:12:57 AM »
Wowwwwwza!  I can see this leading to many many ruined lives.  Imagine that Joe Smart bids blindly to say 5K on say a 10x30 and he only makes 1.5K, dude is gonna be in a world of hurt in 6 months.  Even worse is how hard does this guy push luck to pay up when payments are due?

112
The Treasure Chest / Re: Unit with a car inside.
« on: November 11, 2011, 10:04:23 AM »
The way he describes the car, I'll give it a $2500 price tag.

113
The Treasure Chest / Re: Unit with a car inside.
« on: November 11, 2011, 07:36:50 AM »
Doesn't mean the car was in storage since 99 and doesn't mean its logged no miles since 99, just that it hasn't been inspected since 99 and hasn't been legally plated since 99. 

Remember mint look can still have a high mileage or a blown engine.  That bid seems a little high for that car.

114
General Storage Auction Talk / Re: I have the keys and the title...
« on: November 08, 2011, 07:45:45 PM »
Do he right thing and give the owner of the car the title. It would be one thing if the car was in the storage unit and you found the title but it was not. I was under the impression that if any paper work is found it should be returned. Karma goes along way.

I was figuring that, just asking myself. 

As for returning the stuff to owner, fat chance as manager doesn't do personal returns and I'm not about to do a zaba search to find these people to return personal effects.  I do check craigslist for lost and found and if your to lazy to put on CL that you lost such and such unit and you'd like the personal items back, I'm not going to bend over backwards to find you, much less use my own profit to do a search on you.

115
Stories about Storage Auctions / OMG, Saw the worlds dumbest lady today!
« on: November 08, 2011, 07:31:16 PM »
Went to Wayne Blairs auction today and umm were the first 4 stops a riot.

Prices - This is Wayne Blair, he brings in Cali prices on a Michigan burget and market.

People - Plenty, at least 50 or more every stop!

and then this one lady!

So me and my pops(he is my 2nd hand man in this) roll to the first stop about 20 minutes early.  People show up and park in Storage parking lot until it is full then people pull to overflow parking down the street.  Well 5 minutes before the auction starts this lady rolls up and parks in the middle of the driveway, blocking entry and exit.  She gets out and people tell her she can't block the exit, she goes and signs in anyways, then gets told to move her car again and does.......................into the space left for handicap people to get in and out of(you know, not the actual spot but the loading area).

Next Place she doesn't even park in a space...................no she parks in front of the trash bin and it's trash day(she got killed for that one.

Next Place - Guess she learned how to park at this place, but that still didn't stop us from just piling on her!

Last Place I saw here she in a handicap spot without a handicap sticker and she was parked half in the space and you guessed it half of the handicap loading zone.  She was ummmmmmmmmmmmmm a total newb, nd really surprised she didn't overbid a unit the way she was!

Other then that, the normal way overbid on these units.  Like $350 showing bids at $900.

Oh well, got a killer unit I am going to bid on on this week.

116
General Storage Auction Talk / Re: I have the keys and the title...
« on: November 07, 2011, 02:54:48 PM »
Imagine the look on the previous owners face as you drive away in his car.  I would need photo's of that one! Isn't possession 9/10ths of the law?

Kinda got a question about just finding the original title in a unit(unsigned) with no keys or car? Does that locker owner still retain ownership even though title was left?

117
I seriously doubt GC is masquerading. He had his you tube and some of his first books on the market before either of those shows aired.

Didn't know that, glad I know now.

118
Stories about Storage Auctions / Re: Saturday auction failure
« on: November 05, 2011, 04:26:02 PM »
Went to an auction this morning.   The public notice was quite detailed to say the least.  That should have been my first impression of just staying home, but I went anyway.  First locker went kinda high the second was the bets buy of the day at 150 dollars.  After that it was all staged.  Barbie dolls up front and clean in their boxes, that were banged up.  3 yes, 3 lockers with visible safes.  There were only 7 lockers for sale and only 5 of the 7 were in the notice....  Quite the sketch joint in my eyes, some lady was dropping 600-800 dollars on lockers that I wouldn't go over 250 on.  Hopefully it will shut them down on future runs.

Well at least you know there will be one less idiot buying from here on out.

119
Dollars to doughnuts.. he'll loose the 500..

If they paypal and do local pick up, mail them something, anything, a copy of the auction, with tracking.

You have just preformed a CYA on the "I didn't get it" claim. paypal does not care what you sent them. you sent them something.

I've been thinking the same way. Just basically get something trackable and send it out.  Been toting with the idea that says in the auction, I will send out a letter with furthur instructions on how to pickup an item.

120
IMHO his videos have some value to people new to this game, but it's not like his videos are anything earth shattering. He gives way to much info out on YouTube which makes the thought of paying for a book that has the same crap in it which is ridiculous. I understand the concept of making cash off of what's hot, but do it the right way!

As others have said also if you need to read a book of "Secrets Glen has" then your doomed to fail from jump street. Without any common sense you'll be upside down on units so quick it won't even be funny.

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