I live in Central Oregon, and surprisingly there are a lot storage auctions. I'm not going to lie, I became really fascinated with storage auctions because of the main stream shows. I'm not some brainless media drone though. I knew going in it was going to be a lot of work and that the units the show on tv are probably 1 of 20 bought. I went to my first auction on a friday in Redmond, there was 6 units up for auction, and i got beat on all 6 or didn't bid because the the unit was trash. I finally got a unit on a thursday in Prinevile. I t was the only locker of the day, and i was determined to buy something. I got the unit got 60 bucks, and it turned into a really good profit. At first glance the locker looked like a 99% dump run, but it actually had some gems. The first thing i noticed was the PS2 in the box, which i knew would be at least 20 bucks on craigs. I noticed this one box that was open and a blanket was covering most of the top and only exposing a corner to see in. I noticed very quickly that there was one cable box receivers. Here in central oregon there is really only one cable provider, and if you have bad credit they charge a 300 deposit for those receivers. So I knew this locker had some hidden value. Only one guy was bidding against me, and he gave up at $60. Here is a pic of the unit.
[IMG=http://img828.imageshack.us/img828/5391/img20110825102644.jpg][/IMG]Uploaded with
ImageShack.usIt only took me one dump run, and 3 hours to clear this unit out.
Contents found:
Two HD DVR cable boxs ( sold both for 220 on ebay)
Ps2 (35 on ebay)
little wood cabinet ( 10 on craigs)
Gold & Silver rings ( 250 at some local pawn shop )
Sony car AMP ( 20 bucks on ebay)
and a bunch of odd little ends that i sold for 70 on ebay.
I easily made my money back x10 on this unit. I'm not going to quit my day job, but this is a great way for some supplemental income ( which everyone can use in this economy ) Looking forward to the next one.