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Messages - jrossjr79

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766
New to Storage Auctions? / Re: Bed Bugs ???
« on: May 02, 2011, 08:23:11 PM »
Dude, just put the mattress on the curb, it's a lost cause. People can die from bed bug bites. Besides, just the thought of one of those things near my bed gives me the creeps.

lol, wasnt talkin about the matress, lol

767
New to Storage Auctions? / Re: Bed Bugs ???
« on: May 02, 2011, 07:36:34 PM »


Bedbugs main weakness is heat and relatively low heat. I believe they die off at about 140 degrees.

Did not know that, that is good to know, maybe I will end up making a heat box just for that purpose. Maybe with heated bed rocks with a constant drip from above would be low cost.

768
New to Storage Auctions? / Re: New to business
« on: May 02, 2011, 05:04:13 PM »
Depending on the items of course, but the common outlets are (not in order of importance):

flea markets
craigslist
eBay (and others like it)

consignment shops
yard/garage sales

etc

collectors, specialized vendors (according to what you have), muesems (very unlikely but it happens).


769
General Storage Auction Talk / Jewerly
« on: May 02, 2011, 04:04:24 PM »
I am wondering on this topic. This is what I generally do. All silver, gold, and platinum I scrap out for its melt value unless it is Tiffany, a Vintage or Antique Heirloom piece, or James Avery.

Curious on what every one else does.

770
I think just about sums it up, until everything gets back to normal (if it ever does) you just have to settle for making less on most lockers and hope you hit a grand slam every now and again!

Its a numbers game, the more you buy, the better off you can be on an average. That is unless what is going on now for the most of us, PRICES WAY TO HIGH FOR WHAT IS IN THERE. And you keep getting crap units. Then it can be a total loss, and pray that you at least break even.

BTW, IMO, all lkrs have hidden value, question is is that value worth anything :)

771
Ok so I have only $400.00 my rent is 750.00, so I am short should I used this money and buy some storage lockers to come up with money or is it better off being saved?

That is a question that is better off answered by you. Buying a unit is A GAMBLE for the most part. Even if you do got some good things in the unit, sometimes it will take awhile to get it sold for what it is WORTH. Question is, if you buy a unit how much time do you have to sell things off to get your money to pay rent.

I personally do not advise using your rent money to go and get lkr. I know sometimes it may seem worth the risk, but if you buy a lkr, and you dont get money for rent, in time, or worse you buy a crap unit and cant make your money back that you invested, you will be kicking yourself.

772
Yea bud you need to go to an office max or office depot and pickup a bookkeeping book,. maybe get your sales reciepts personalized so ppl will know how to contact you for other items, and get a few hundred to a few thousand reciepts, make some logs on paper if you cant find the right book keeping book.,

Record every sale, every buy, everything. then take it to your cpa! Bada Bing Bada Bamb, its done! The right way!

Oh you do this every quarter, or every 3 months! Consult with your cpa of choice to get dates set up, hope i helped ya bud.

I can see a fish in distress from 100 miles away, i can tell you needed some helping advice, Good luck!

Alot of that information you can get for FREE from the IRS itself. They wont do the taxes and book keeping for you, but will provide all the info free. I think they still offer a calendar that has all the need to know dates on them as well. I got one 2 yrs ago for free, but have not requested one since.

Like was posted earlier, keep receipts on EVERYTHING. Meals while out there working, gas receipts, sales receipts (both from buying units, and sales of EVERYTHING), trash dump receipts, donation receipts, cell phone bills (if use for work, at any time, a percentage can be used for tax deductible), any kind of labor cost (must be able to prove, either through claiming them as an employee you hired (check with IRS, lots of things have to be done), or a receipt for a contract worker. Simply put document and save everything.

773
New to Storage Auctions? / Re: Bed Bugs ???
« on: May 02, 2011, 01:36:07 PM »
So far never had a problem with bedbugs. Like movieman I have had roaches as well as evidence of rats in the unit.

I dont have a warehouse to store my stuff in, most of my stuff gets stored in my house. As a rule of thumb, just in case, I deliver everything from the lkr to the outside of my house, I rummage through everything and toss what is trash, and inventory all the good stuff outside my house. Good stuff gets put up in my house, but junk never goes in. Keeps alot of things safe from going inside my house. It is not full proof, but then again what is?

Mattresses are an automatic trash to me, unless the plastic cover is around them, never found a person who wants to buy a used mattress, although I have had a few that people will take from me for free. But even then I had alot of people turn down a free mattress. So for the most part those sit outside till I make arrangements for them to be dumped.

774
The Lounge / Re: Bin Laden Killed!
« on: May 02, 2011, 01:09:54 PM »
Conspiracy theory #2 : Perhaps they do have them and they told the public that he was killed in order to hide him and torture him for information on the locations of other al Qaeda members and future plots.

Very possible

This is not a real picture but a photo shop version, however it may put a smile on your face



LOL, post that on a blog, bet you it will get a few thousand hits before bed time, lol.

775
I actually just go for it all. I value the unit from what I can see, and gamble on the rest. If it is nicely boxed stacked and the like or I see certain hand written words on the boxes I gamble more on. But I like going for the trashed out units as well cause I get them cheaper, and sometimes it pays off well. A trashed out unit has gained me more of a profit margin, cause the value is completely hidden. In a well organized unit EVERYONE pretty much sees what I can see, which causes the bidding to go way up, especially with people that dont know what they are doing and treasure hunters.

I noticed a messy unit can still go up, but alot of people still tend to stay away from them and bid low if anything at all.

776
He and I were having a conversation on a couple different threads. The conversation was about whether there was a storage auction listing service in San Antonio.

Oh that is what you were asking. There is The Hart Beat, which covers about 90% of the facilities here in SA. Most of which do not advertise anywhere else.

777
Stories about Storage Auctions / Re: Ripoff auction
« on: May 02, 2011, 12:15:54 PM »
Most of the time it is bait, I try to look and see if the box was opened before. I had a box in front once that did not look to be opened, it was a $90 compressor. After winning the unit I inspected the box, damn no compressor, just full of personals. But then this last unit I got saw a box, I knew it was opened before hand. But looked as if that original wrapping was peeking from the sides. Sure enough I just scored a $150 printer, looks like it was used just a few times.

778
The Treasure Chest / Re: Got Another Unit
« on: May 02, 2011, 12:13:01 PM »
The trick is to make profit on even your most ugliest trashiest unit you buy. I have learned that with my last few lockers. Utter crap, low dollar items. But I still managed to make a little bit of profit, or at the very least have a good load of stock. Currently have $1000 in inventory. Most of which low dollar items which I plan to sell at flea market anywhere from 50 cents to $5. Most of it being in the one dollar range. I have lots of sports collectibles I still need to unload, roughly $300 on the low end. Then a few low dollar industrial antiques which should fetch around $50 for the lot. Damn ebay kills the collectibles area, lol. Then I still have a vintage golf set which I have priced at $125. A full low end china set that has been discontinued (retail is $120, so I have it marked for $40).

My first units I got I tripled my money on, these last few I is about only a 10% profit margin if that. Still a profit, just not as much as I was hoping.

779
The Lounge / Re: Bin Laden Killed!
« on: May 02, 2011, 12:03:42 PM »
Well it is not like this government has not covered up things before. Just seems to me it is a little sneaky just to dump a body in the ocean and no press has seen anything. I hope it was him, but there is just some things that seem out of place.

780
The Lounge / Re: Bin Laden Killed!
« on: May 02, 2011, 10:37:08 AM »
Does it not make anyone wonder? For years they say he is dead, but maybe a lie. Obama is not a favorite of the people. Then all of a sudden we are told Bin Laden is dead, 100% sure this time. Yet I never saw a body, I wonder if anyone did? Then they say Bin Laden is buried at sea. I smell cover up!

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