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Messages - parnisha

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Stories about Storage Auctions / Running up Dave Hester
« on: August 27, 2011, 03:09:43 AM »
I went to Moving Company auction ,they had about 20 containers up for sale,it was run by American Auctioneers,so I expected to see huge crowd,but only few people were there,may be 20,usually I see about 80 at each American Auctioneers location.The auctioneer was Dotson and one of bidders was Dave Hester,he was buying a lot,paying around $80-$120 for big boxes per bidders choice,I don't like the guy ,especially what he does to Jarrod  bidding him up,it should be fake though all this drama,but nevertheless...
I always buy furniture,that's where the money is and we were bidding on small size mahogany bookcase,nothing special probably $70 or so,so Dave Hester was getting it for $10 ,but I decided to bid him up and he got it for $45,not sure how he will make money on it,the next furniture item was leather Stickley style sofa from 1920's ,that sofa was a money maker ,last year I sold similar for $800 in 7 days,so I was thinking I can do $400 easy on it ,but almost no one was interested so I got it for $80! Hester was not even bidding and in the stupid show he considers himself as a furniture expert...There was a nice collection of  6 antique violins ,it went for $550 each ,huge Ikea style mirror ,Hester got it for $2 ;D75-paid almost retail,I was suprised,probably Mogul is not that smart as he tries to show off...

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Stories about Storage Auctions / Re: What did we find in 5 lockers:$796 spent,profit-??
« on: August 25, 2011, 01:43:34 AM »
Since we were away from the home we had to eat out,where usully we eat at home saving $$ on restaurants.That's the reason I counted it as an related expense.

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Stories about Storage Auctions / Re: What did we find in 5 lockers:$796 spent,profit-??
« on: August 25, 2011, 12:49:03 AM »
$80-Boise Speakers
$10-TV stand
$15 –Ikea desk
$40-tools
$35-bicycle parts
$100-20 porn DVD
$60-women’s shoes + clothing
$25- leather jacket
$50 -Digitech Rp7 Valve
$15-broken bicycle
$65-race bicycle
$10-DVD
$15-books
$10-Ikea lamp
$5-kid’s toys
$5-guitar case
 $60- Peavey XR 500
Persian antique carpet-$360 -sold to carpet dealer
$3-pot
$20-old  RadioShack synthesizer
$50-Podium G210 guitar amp
And another misc for $40.
It came out altogether  from that locker$1490.
at auction we spent $796 and our total expenses were:$175+$60 -food and drinks=$235.
All content of 5 lockers sold for:
$1934-$796-$235=$903,we spent about 20 hours each doing all this dirty work ,so we made each-$450 divided by 20 h=$22.5 an hour.What do you think guys?

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Stories about Storage Auctions / Re: What did we find in 5 lockers:$796 spent,profit-??
« on: August 25, 2011, 12:05:13 AM »
    Locker#4:
    5" by 5"
    Spent:$10
    It took us 3 hours to get all stuff out incl multiple trips to dumster.
    Mainly 99  cent stuff,few misc garage sale items, few cheap jewelry items,,fashion rings,vintage Italian scarfs,sunglasses,once sold will bring around $100.
    Profit:???
    Locker # 5:
    10" by15"
    Spent: $750
    Spent 4 hours taking the stuff out and sorting things,spent 2 days at a flea market selling all this stuff,from 6am till 4pm.
    Cost of  renting the trailer: $35,flea market fees:$60 for 2 days.
    Gas money:$80 for everything.
    French marble top antique nightstand -sold for $120.
    Civil war book with nice illustrations-checked it on Amazon-$220,sold it for $100.
    2 mirrors: $35,Metallica game trivia-$20,knife-$10,guitar pedal-$20,Leatherman knife tool-$30,scientific calculator-$30,small jewelry box-$10,Chinese reproduction sword-$40.
[li

2 mirr

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Stories about Storage Auctions / Re: Jackpot ! Jackpot ?
« on: August 24, 2011, 11:17:45 PM »
Lucky you! In LA this unit based on outside view  will easily go for $850- $1100,that's how crazy prices are...

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Stories about Storage Auctions / What did we find in 5 lockers:$796 spent,profit-??
« on: August 24, 2011, 11:11:48 PM »
Locker#1:
 Size:5"by 5"
Spent:$10
Cleaning  and sorting time:10 min
The locker belonged to starting Hollywood actor,hardly anything inside.
Small African drum-$15(sold at flea market)
Sony recording device-$10(flea market)
10 pairs of jeans-$50 (flea market)
Misc clothes-$20( garage sale)
Profit:$85

Locker#2:
Size 10" by10"
Spent: $1
It took us 1/2 hour to get all boxes out of 4 floor unit and another 2 hours to go through all boxes-NOTHING!!! but old newspapers ,the guy was journalist for small LA newspaper. 1 hour spent taking all this junk to dumpster,while driving there I started to read his article about local news ,when suddenly spotted something metal inside the box-pulled it out and diddn't believe -sterling  925  signed Tiffany &Co business card holder-65 gr,sold it for $120 at flea market.
Profit-$119

LKocker #3:
5" by 5"
Spent:$25

Checked all books on Amazon,  only 7 decent ones,once sold will bring $60.
The rest of books -low price,sold to second-hand bookstore-120 books for $50.Closed lid container had 55 DVDs inside,only few had value ,will bring $50 on Amazon ,the rest 40 DVDs sold on flea for $80.
Profit:$240.

 

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Stories about Storage Auctions / Bought all lockers in the same facility-the finds:
« on: August 24, 2011, 04:40:40 PM »
I went to storage auction  in Valley area with friend of mine,there were about 45 people there waiting for auctioneer to arrive,we thought no chance we can get smth for decent price, here an auction started,
first unit opened up- 5" by 5",almost empty-2 garbage bags full of misc and cloth scattered on the floor,I got it for $10,second unit was full of file boxes with someone's else papers/newspapers,there were like 30 boxes,no one wanted it I got it for $1.
Third unit  opened up and again -hardly anything - 3 rubbermaid containers,2 were full of books,1 was closed with the lid,$25 got me that one.
Fourth unit was hoarder's  5" by 5" locker with garbage bags ,full of visible trash-$10 was our  winning bid ,by now people start kind of making jokes how stupid those folks are to haul away someone's else trash.
Fifth unit got everyone's interest-10" by 15" ,1/3 full: few tool boxes ,2 bicycles, 15 plastic containers,speakers,at least 10 electronic devices:dvd ,tv,vhs players,amps,set of yamaha drums ,plenty od cables,cheap mirror ,misc kitchen gadgets,antique French nightstand and what not,the bidding went all the way to 725,going once ,twice, I jumped in ,raised hand ,got it for $750.
We paid up and went to sort through all of it.Next topic I will share the results,keep tuned!



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