Storage Auctions

First two lockers

First two lockers
« on: August 25, 2011, 08:54:54 PM »
We bough two lockers in the past two days. 

Yesterday we went to a bunch of auctions at a chain storage place, five or six locations.  We got a small one (5x8?) for $50, the guy was a mechanic, some tools including a decent cordless drill, and some parts (I think to a Honda of some sort based on some of the stuff that went to the dump).  There was also a lot of crap, a bunch of greasy mechanics clothes, a couple bags of actual trash, like fast food wrappers and such.  There was also a military flight suit in decent shape.  Depending on what I can find out about the parts there should be no problem making a little profit here.  There was also a great unit that went for $500 when I had decided on a limit of $500 for it.  Sucked to loose it over a small amount, but we are being firm about limits we set.

Today we went to an auction at one of those "pod" storage places.  We got one box out of a set of four for $450.  The first two went well over a grand, which was more than we had available, great stuff in them though.  Our box was full, and I think will make us some money,  The owner was a serious shopaholic, we got gobs of shoes and clothes, mainly from Nordstroms, mostly unused, and a couple dozen pair of shoes, also seemingly new.  Many of the clothes still have tags on them.  There was also a lot of kitchen stuff, mixer, bread maker, pressure cooker, pots and pans, all should be worth a bit.  Funny thing in this one was the lady that owned it was very into the motivational stuff like Anthony Robbins, unfortunately though it was all old, VHS and cassette tapes, which won't sell for much if they sell at all.

Anyway, at least we're fairly certain we won't loose money on these.  Another day of work getting it all sorted and then we start selling. 

Offline Drew

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Re: First two lockers
« Reply #1 on: August 25, 2011, 08:59:48 PM »
Congrats on your first lockers!

Re: First two lockers
« Reply #2 on: August 25, 2011, 09:58:41 PM »

Offline jrossjr79

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Re: First two lockers
« Reply #3 on: August 25, 2011, 10:19:58 PM »
Congrats, and keep at your task of setting a price, and not going over it. You may lose some , but at least you made a policy and will enforce it. Some of the people that set a price on it will way over shoot it for various reasons. So it is best to start from the beginning of setting a cap and not going over it.

Offline ronin

Re: First two lockers
« Reply #4 on: August 25, 2011, 10:29:38 PM »
that pod auction is pretty good place to go some times. they have them just about every month. i went to an other auction in fort worth today. went right by you guys on 820. imglad to hear there was some good stuff.

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