The auction I went to yesterday required a $50 deposit PER UNIT purchased. So if you bought 3 you'd be looking at $150 total. Not the "usual" circumstance, but it does happen. This was a requirement by the prop manager as far as I could tell.

Movieman has a future I think we found his calling in life LMAO!!! <Hint> it isnt storage auctions... I almost went to sleep Then, the mean old (and greedy) reality television producers came out scarred me.  Whens the next chapter coming out? HAHAHAHA...

I've told a story or two in my time (back in the day) so now truth be told my future IS in auction lkrs....what kind of future that is remains to be seen. (and now and again a story slips out).

So I have been a member on here for maybe a week now and just wanted to post something on here to maybe get the forums going. I've noticed after reading some older threads that there hasn't been much traffic on here, so hopefully we can get something going with this thread....

I don't know how much exploring of the site you've done...you mentioned you read some of the older threads.
If you start on the home page and go down to the bottom of the page STATs area, there is a link to the most recent posts. If you click on that you'll get a popup of the threads done in the last few hours (or maybe half a day depending on the day) and at the bottom of THAT page you can  click on pages from previous hours (days).

That would give you the look at what is more current, and there are plenty of stories throughout the various areas, but of course we're always interested in new ones. 

@ MovieMan In your experience, do you see more auctions toward the end of the month, or at the beginning?

It seems to be pretty well distributed through the month. Most of the auctions I go to are part of cycles run by 4 auctioneers. They don't co-ordinate of course, but it seems they are most often during different weeks, thus filling up the month.

It is nice when once in a while two or three of them fall on the same 1 or two days though...this splits the crowd sometimes 3 ways reducing the competition at any given auction..the trick is to pick the right one to go to.

Ok I've thought of getting into storage auctions, but there's lots of little questions I have in my head. Such as for example. What happens if I find firearms, alcohol, etc.....? Do I have to turn that into the authorities? Or is it just a state by state thing, I'm sure that rule of thumb would be at least to get a clean bill of health on your firearms. If you come across alcohol or whatnot is it legal to sell? Or do you need to get a license to unload them to someone? Also should you keep reciepts of your auction sell, and reciepts on items that you sell because it should be reported to IRS as taxable income? Just a few questions going through my head right now. Hope it's not silly.

Not silly, but most if not all have been discussed in theads here over the last 8 months or so. Use the search button above and try one area of interest at a time. 

But briefly:

Do you have a license to sell firearms or alcohol? Not many of us do.

IRS...income tax, state sales tax....do a search for these items at button above.

Anyway, being new I was just wondering if the $100 cleaning deposit was normal/high/or low. 

The cleaning deposits IN MY AREA vary from sale site to sale site within  the same city, and they also vary by auctioneer. Deposits, might be $20, $40 or $50 or $100.

For instance one auctioneer doesn't collect cleaning deposits from anyone NEW or old. He depends on the threat that IF someone leaves crap behind they will not come to his auctions again, and the word spreads to the other auctioneers as well.

Another auctioneer will collect $100 from a new buyer, but only $20 to $40 from a regular who has been doing it for years. This makes sense doesn't it. You earn respect by doing the right thing.

But finally, I stand by my statement earlier that ONE should have $100 deposit money set aside and left for that purpose only. If a bidder has $150 on him/her, and $100 of that is for a deposit, then there certainly isn't room for buying is there?

I bought one for $110 today and there was a $20 deposit not because the auctioneer didn't trust me, but because the prop mgr wanted deposits on everyone.

This is a business. ONE has to be properly funded to conduct a business.

Sounds right to me for Auction Hunters on Spike.

There are a half dozen (or so) threads on AH here at the forum. Use the search button above to find them all.

Yes it was the Sac area....The good thing about this area is that there are at least 3  days of auctions a week with 2-4 facilities on the block per day within a 30-50 mile radius. 

I just hope that with the numbers of auctions available  these people will get tired, bored, broke, discouraged or whatever just so they stop coming..

Well, I've been buying lkrs in the central valley for 7.5 years and they haven't gotten tired, bored or broke yet, but I'll have to admit I GOT DISCOURAGED by Sacramento proper myself. I haven't been there for about 5 years !