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Messages - TreasureHawk

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Stories about Storage Auctions / Re: New unit won today
« on: March 15, 2011, 10:13:27 PM »
NEXT!  LOL! ;D  It is tough out there right now.  If I hadn't been doing this already and was just trying to start out, I don't know if I would do it.  I have the advantage of having a lot of contacts so I have a way to get rid of the stuff.  Getting the units still isn't that bad.  Like I've posted before, I don't buy at the overpriced auctions, and then grab a bunch all at once when the pricing is reasonable.  Hopefully things will work out for you soon, and if not, good luck in your new endeavor. 

Hey know...its not really even that it is that difficult to find less populated auctions to attend where the pricing is okay....I happened to find a business publication in the area that is low profile and the legal notices are free....therefore, all the independents use it to publish their auction as required by law.

The biggest issue is that most of Tampa Bay is lower to average income areas and so far after 3 or 4 full days of looking, most of the **** I have seen is total garbage.....  I honestly mean...I can't even figure out why people would pay to store this stuff....the total value of the stuff is less than like 3 months storage bills?

I am honestly thinking about a road trip to Boca Raton and West Palm...and attending a few days in the richest zip codes in Florida....  

As you all well know..time is money and spending all day wasting time and fuel to look at all this garbage is just bad business

I'm not naive and I realize that only 1 in 50 or 100 lockers is a "home run"  but 99% of what I have seen thus far is only flea mkt / thrift / swap meet crap and that isn't my market...I'm talking really low end garbage.....

I'll gladly spend 1500 to 2K plus on nice units but I need to see more than one of them every 4 days of looking,.....haha   I know I can sell the **** if I buy it right....I know many say that is the hardest part but I have been selling **** my entire life and I too have avenues for better goods to move them  ;)

Stories about Storage Auctions / Re: New unit won today
« on: March 15, 2011, 09:38:21 PM »
12 facilities; how many total units?  Now you know what it's really like out there.

started out with about 80 but about half were paid up before so about 40 total

tomorrow...same deal....12 more facilities....about 70 listed in  the legal notice

I guess its finding a needle in a haystack...for me cuz I want the higher end units...and there arent many

If after tomorrow, I dont find one...I may be moving on to another least till the summer and the heat drives people much time spent to find decent stuff to resell

I didn't think it would be easy...but I did think with cash to spend that it would be easier to buy volume and get a good base of inventory built up ......this is just to inconsistent....not enough good stuff to buy in Tampa at the right prices right now


Stories about Storage Auctions / Re: Lookey Loos Part 3....March, 2011
« on: March 15, 2011, 09:33:48 PM »
Found a less populated circuit today...about 20 people...problem is...most all of the say, 30 units at 12 facilities were total junk...really dirty, low end crap...

One unit ...a huge double unit was the only one all day worth anything....went for $1,850 ....lots of stuff but a big gamble at that price in my opinion

This is a hard game to make any money in with the crowds like they are.....I might be moving on to another much time spent and not enough return right now

Stories about Storage Auctions / Re: New unit won today
« on: March 15, 2011, 09:16:24 PM »
Yea I was on a circuit all day (12 facilities) not well known...with about 20 people 12-15 bidding....most were all at the more popular circuit....

...but a TON of LOW end, dirty, broken crap and junk in most of the units

ONE worth its salt ...a HUGE double unit...from an older couples home...absolutely loaded

Went for $1,850 ...I stopped bidding at $1,700 ....was indoors on the second floor....would have been an absolute pain in the ass to move all that **** down the elevator....tons of trips 

Sure!  That's Great money...I know I'd take it

I have just heard that with title and outside lien issues, these types of items can be a real difficult sell

Stories about Storage Auctions / Re: New unit won today
« on: March 15, 2011, 05:21:13 PM »
I've decided, I'm moving to Memphis's final  Elvis better be waiting for me when I get there

Did you make any real money on it after all was said and done is the real question?

General Storage Auction Talk / Re: Chorogrip
« on: March 13, 2011, 07:52:49 PM »
Heck, try calling the owner of the company directly and tell him what you have,....he may have a customer he can refer you to if you agree to sell them for less than retail or if you agree to donate a portion of your sale to some singing charity or something like this.

Short of that, you need to call on big churches and schools who would have big choirs and offer them to them

Maybe even their one distributor would buy them from you for wholesale cost so they could flip them at retail?

Just some thoughts.....but then again, I have been told for many years that I could sell Ice to Eskimos...haha


Stories about Storage Auctions / Re: Lookey Loos Part 3....March, 2011
« on: March 11, 2011, 11:05:29 AM »
Sorry...but that will NEVER fly....ever

Stories about Storage Auctions / Re: Lookey Loos Part 3....March, 2011
« on: March 10, 2011, 10:09:04 PM »
I've found that you just have to have patience and a sense of humor and you will do fine.  You have to have the discipline to keep going and when the prices are too high, don't buy.  Then, when you find that one good auction where either not many bidders showed up or for some reason they are going cheap, buy a bunch all at once.  It works, but you burn up a lot of extra fuel and you get really busy when you have to empty out a bunch of lockers in a day or two.  It's not a job, it's a way of life!

I hear ya loud and clear. I have the rest of my month planned and NONE of the auctions that I am attending are on auctionzip or the 2 big auctioneers websites that are in the area. I am ONLY attending auctions that are only promoted in the Legal Notices of a few lesser known business publications....

If I still see huge crowds and  overbidding at these auctions...I will honestly believe this market needs to be put on ice for a while

However, I remain optimistic and ready !!  

Stories about Storage Auctions / Re: Lookey Loos Part 3....March, 2011
« on: March 10, 2011, 08:53:56 PM »
I don't think it's going to get any better anytime soon.

Sure tax refunds put a little bit of money in everyones pockets so maybe drives prices up slightly but I don't htink that has a huge affect.

When the second season of storage wars comes back things are only going to get worse again imho

Wow, that sucks to hear!  There really is no way to make good profits consistently in the current market
with 80 to 160 people at every auction and buyers willing to way overpay...this whole gig may have totally jumped the shark!

Stories about Storage Auctions / Re: Lookey Loos Part 3....March, 2011
« on: March 10, 2011, 03:01:21 PM »
....yea....I'm starting to wonder if there really are any "off the beaten path" or "little known" auctions left?

Sure I have found a bunch that are only listed in the Legals of a lesser known publication in the area but finding this out and finding these auctions isn't rocket science, so i still expect huge crowds and bidders way overpaying.

Just a wait and see game for the time being

Stories about Storage Auctions / Re: Post your pics
« on: March 10, 2011, 12:34:41 PM »

Now she is SEXY!!  Bet the rest of that locker was interesting

I wish you luck.  I wish I could have started out big.

Hey thanks allot!  I'm being prudent at first here trying not to get burned in this overheated market...I gotta be able to find a good number of solid lockers at the right prices in order to make this work long term....

I'm really hoping I can find some less populated auctions and that some of these people fall out when the summer heat arrives ......It isn't going to happen with 140 people at every auction bidding 4X's what the lockers should be selling for.... 

Stories about Storage Auctions / Re: Lookey Loos Part 3....March, 2011
« on: March 09, 2011, 07:04:51 PM »
I was bidder number 75, with a line behind me!  There were probably at least that many that didn't even register.  It was beyond stupid.  

So let me ask, do you attribute all these crowds to spring weather and tax refunds ...meaning they will eventually go away ....or more to the popularity of these 2 shows and all these people are here to stay?

In previous years, have you seen a spring/tax time spike in crowds that eventually goes away or on?


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