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General Storage Auction Talk / Re: Tell us about your FIRST auction buy
« on: October 23, 2013, 03:09:56 PM »
I spent a few hours researching the unit owners for this auction. There were three units I was interested in. Two of those belonged to the same person. The day of auction I felt like I had a really good idea of what might be in these units.
When the first unit of two opened up I knew I had to have it. A 10 X 30 packed full. Bidding started at $100.00. As I bid the unit up higher and higher I started getting very nervous. At $1100.00 ($100.00 below my max) the auctioneer yelled sold.
Now I am sick to my stomach. My mind is racing. What have I just done? Oh My Gosh I just spent $1100.00 on a unit. What if it sucks? I want to throw up. This is not the reaction I expected to have! Four months of bidding and I finely won my first unit. I though I would be so exited.
Calls go out to the family. All trucks and trailers available to the unit. We have to get this stuff moved! Reactions are not happy.
Everything comes back to the shop. We start digging through it all. Exclamations start coming from here and there. My family is having a ball. When we finely notice the time it is midnight.
The first one was sure a roller coaster of emotions but it ended up being a great unit. I was into profit within three days and though there was dread it evaporated pretty quickly. Deducting costs we made somewhere around $1600.00 on it. Not to shabby for the first gamble. (the second unit by this owner was the bedroom mostly so I got the better of the two).
When the first unit of two opened up I knew I had to have it. A 10 X 30 packed full. Bidding started at $100.00. As I bid the unit up higher and higher I started getting very nervous. At $1100.00 ($100.00 below my max) the auctioneer yelled sold.
Now I am sick to my stomach. My mind is racing. What have I just done? Oh My Gosh I just spent $1100.00 on a unit. What if it sucks? I want to throw up. This is not the reaction I expected to have! Four months of bidding and I finely won my first unit. I though I would be so exited.
Calls go out to the family. All trucks and trailers available to the unit. We have to get this stuff moved! Reactions are not happy.
Everything comes back to the shop. We start digging through it all. Exclamations start coming from here and there. My family is having a ball. When we finely notice the time it is midnight.
The first one was sure a roller coaster of emotions but it ended up being a great unit. I was into profit within three days and though there was dread it evaporated pretty quickly. Deducting costs we made somewhere around $1600.00 on it. Not to shabby for the first gamble. (the second unit by this owner was the bedroom mostly so I got the better of the two).