Storage Auctions

The Storage Locker => Stories about Storage Auctions => Topic started by: the teacher on February 18, 2011, 10:11:45 PM

Title: Newspaper Article from Auction the other night in Seattle.
Post by: the teacher on February 18, 2011, 10:11:45 PM

Here's an article that was in today's "Seattle Times" about the porta box auction held the other night. 

http://seattletimes.nwsource.com/html/nicolebrodeur/2014260941_nicole18m.html

Title: Re: Newspaper Article from Auction the other night in Seattle.
Post by: MovieMan on February 19, 2011, 12:02:52 AM

Yep, that'll be the next "wave"....the newspapers and local tv stations doing reports on our biz.
Hopefully, the work involved and the true reality of the biz will get some focus. I've seen the "poor tenent" approach before and will probably see it again.

Time will tell.

Title: Re: Newspaper Article from Auction the other night in Seattle.
Post by: terry on February 20, 2011, 12:34:48 AM

Yeah
How long will it be before we hear about the storage unit owner. You know the one who has had 40% of income lost to none payment for the last 90 days.

The one who says just make a token payment of 1 months rent until you can catch up.

You know the guy that who took out the 200K loan to expand last year. Only the expansion is not going thorough. Just the loan payments 

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