Storage Auctions

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Messages - mncableguy

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Stories about Storage Auctions / Re: Jackpot ! Jackpot in the Safe ?
« on: October 17, 2011, 10:41:04 AM »
Stop lying! EVERY unit grosses at least $5000!  ;)

$5000 in dump fees maybe ;)

I found out my dump charges by the ton, one ton Minimum. 100 bucks a ton. I have a 3 yard behind my business (not related to storage lockers) and i had to go to weekly tips to keep up with the flow of junk.

32
General Storage Auction Talk / A trend? Pre-cut locks...
« on: October 14, 2011, 09:03:00 PM »
I have been out of this for a few years but I am seeing lockers with the locks cut off long before the auction.

When asking the auctioneers about this they say the locks are removed when they are there, a photo is taken and the door is shut and re-locked with a new lock, and sealed with a tamper tag.

Everyone but me got burned (I paid for what I saw and found NOTHING else) All the goodies where empty boxes and the junk was buried.


I

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Personally I hate nasty mattresses and destroyed cheap furniture.

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General Storage Auction Talk / Re: man auctions in my immediate area
« on: October 14, 2011, 08:56:22 PM »
Went to a all day marathon of auctions (same company, different locations) and the numbers of units at most was 2-3, one had 15 one had 8, one 16. I think it was 10 stops in total. I missed several of them though. One was indoors and I am not in the mood to haul someones junk down 4 levels to a loading dock and I had to leave for work.

4 units total where pulled because the renter paid up.

I bought one unit. Most went for more than I thought they where worth but I am a cheap skate.

I did almost have the manager of one rental place talked in to paying me to haul a unit away for him. Nothing but 100% junk in it. it no saled.

My locker was a wysiwyg. Got my self enough shelving to cover a 50 foot wall for 100 bucks and the little women got a new coffee table she loves :)

35


4. Scansfer.  Free app that allows you to accept credit card payment through Paypal for any item you want to sell.  Great if someone doesn't have enough money on them but still wants to buy. Simply create a "payment request" with price and name of item being sold.  The person buying it then uses their smart phone to scan the QR code that is generated which takes them to paypal with all the payment info already filled out... all they have to do is fill out the credit card info and address and it will transfer money to your paypal account.  I'd say you need to have moderate knowledge of smartphones to use it.



i suggest squareup over anything related to payfraud. I lost all the profit on a unit 4 years ago due to paypal. Bought the unit for 3100 because we all could see the top of a skid loader in it. Turned out to be a Bobcat 873 diesel. It ran, but needed an overhaul due to extensive blow by.

Anyways, I listed it on e-bay stating it needed the engine overhauled but it did run.

Guy wins it for 8100 and paypals for it. I hit flush to checking and the guy picks it up. Goes home and I don't hear from him. He then starts a charge back because.. wait for it... The engine is worn out. (uhh duh!) paypal gives him the money because he funded it with a credit card. I never got to fight it. BTW paypal canceled the flush to my account and I never saw a dime on that machine.

So.. Long story short. I only use a true credit card processor bound by law to give me my money or let me fight it out to keep it.

Also, at 2.75% for swiped transactions (they send you the card reader that plugs in to your headphone jack) it's cheaper and it goes automatically in to your checking or savings account in a day or two.

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I would have to say i would never bid someone up unless that someone was being a pain in the ass. I wouldn't want to have a Dave Hester reputation.

Yup. I'm guilty of the same. If someone bids me up just to bid me up, they will own the item.

The trick to running someone up is knowing how to read people and making yourself unreadable. Once you get past what you want to pay for the item, you have to be darn sure you don't get hung with it.

Somehow I have gotten rather  good at reading people. I do sales and retail and have been all my life. You have to know how to read someone to close a sale.

I have not done a storage locker auction yet. But use to do the farm auctions and estate auctions all the time when I lived out in gods country. I've also been to more wholesale auto auctions than I can count.

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