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re: How many idiots do you think got into storage unit buying

Posted on 2/28/12 at 11:14 pm to
Posted by JoBoo
Ethiopian-American
Member since Jul 2005
5075 posts
Posted on 2/28/12 at 11:14 pm to
quote:


are you insinuating that these shows are staged? cause i will climb through the internet and punch you through your shitty computer monitor.


That's funny right there.
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 2/28/12 at 11:40 pm to
quote:

I am a G.M. at a storage facility right now.


Do yall go through the lockers before the auction?

Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
34828 posts
Posted on 2/29/12 at 12:39 pm to
quote:

Met someone local that bought a unit that had a comic book shop's inventory stored in it. She got bummed out when I explained to her that she'd have to put it up on eBay piece by piece to get the full value.


How much did she pay for them?
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
34828 posts
Posted on 2/29/12 at 12:51 pm to
quote:

I am a G.M. at a storage facility right now. The answer is a lot. Most of them have found out how hard it is to really make it work doing that and have quit though. People aren't storing gold bars in these things and letting them go to auction. The shows are horse shite. There are some good units, but you have to have an outlet for the stuff like a thrift shop or something and even then used blue jeans aren't worth 40 bucks a pop.


What I absolutely hate about the show is how they value stuff and the money it shows them making of the unit goes up and up and up.

"O here's a brand new never used VCR. That's $50 bucks right there."

"Here's some womens clothing, that's an easy $300 right there."

Really? Every single show I'm like o give me a freaking break there's no way anybody would pay that for what you just claimed.

Jarrod and Brandy paid like $10,000 for a unit with three four wheelers. I buy and sell four wheelers for a living while I'm in college. Bought and sold 12 in the past year just doin it part time. They take these quads to a "four wheeler expert." I know exactly what they bought. Two 2005 Yamaha Warriors 350's and one 06 Yamaha Blaster 200. They don't make any of those bikes anymore. The guys like "Well on these two, your looking at about 4 grand a piece. And on this blaster right here you're looking at an easy 5-6 grand." Really dude? They would be lucky to get two grand for any of them. On the high side. They easily lost $6,000 on that purchase but according to the show they came off with a $5000 profit.

All of them overpay for every unit.
Posted by Slickback
Deer Stand
Member since Mar 2008
27693 posts
Posted on 2/29/12 at 3:04 pm to
My grandpaw owned quite a few and when people wouldn't pay for 6 months or so, we'd cut the lock and throw all their shite in the dumpster. Very rarely was anything of value in them. We did find a gun or two and other small things worth keeping.


That could be due to the fact that it was in Galvez and next to the trailer park he owned.
Posted by Mouth
Member since Jan 2008
21018 posts
Posted on 2/29/12 at 3:37 pm to
its an honest living for people who own a thrift store or have a tent at the local swap meet every weekend.

its buy sell, buy sell all day every day. mostly furniture and tools. the hidden treasure angle I'm sure is far and few between.

and I also agree that the writers put odd nick nacks in them to create story lines.
This post was edited on 2/29/12 at 3:42 pm
Posted by hiltacular
NYC
Member since Jan 2011
19709 posts
Posted on 2/29/12 at 4:00 pm to

Got a friend who owns a storage facility. At one point I went to one of the auctions he had so I have a little knowledge of what happens.

The auction he had was 3 or 4 units of a bunch of used Moes equipment (the burrito restaurant). I guess a couple stores closed so the bank put all of there stuff in the units to be auctioned away.

Everyone had the opportunity to buy the unit for a certain cost but obviously no one did that because it was a really steep price. The unit consisted of things like fridges, stoves, chairs, tvs anything you would find in a restaurant.

My friend took one of the TVs beforehand FWIW. I'm not sure if he just paid the minimum auction price or nothing but I know he took a TV prior to the auction
This post was edited on 2/29/12 at 4:01 pm
Posted by chinese58
NELA. after 30 years in Dallas.
Member since Jun 2004
30628 posts
Posted on 2/29/12 at 4:07 pm to
quote:

your looking at about 4 grand a piece. And on this blaster right here you're looking at an easy 5-6 grand." Really dude? They would be lucky to get two grand for any of them. On the high side. They easily lost $6,000 on that purchase but according to the show they came off with a $5000 profit.


That does sound crazy. I haven't seen the show. What kinds of things do they show the buyers finding in them. I always thought the storage facility owners I used to deal with would have TV's, computers, stereos and furniture in them.

I didn't know they were paying $10K for the units. That does sound like BS. It's been years since I dealt with those customers but I don't think they were getting that much from them.

The way these storage units are done seems more fair than the way evictions are handled. In really bad neighborhoods neighbors steal most of the evicted people's belongings if they aren't there when the eviction takes place. I used to have one South Dallas apartment complex that had a bus stop out front. The managers had the workers put everything right next to the bus stop. If the people who lived there weren't there to guard the stuff, people would get off the bus, go through it and take what they wanted.
Posted by Mouth
Member since Jan 2008
21018 posts
Posted on 2/29/12 at 4:20 pm to
quote:

What I absolutely hate about the show is how they value stuff and the money it shows them making of the unit goes up and up and up.


"that's a 100 dollar bill all day long"
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
34828 posts
Posted on 2/29/12 at 6:01 pm to
quote:

What kinds of things do they show the buyers finding in them.


Anything really. No joke there will be a unit with an old matress in it and one of the guys see's something shiny in the corner so he and another guy go at it for some reason and he pays like $400 for a unit that literally has nothing in it. It ended up being a nice construction hard hat worth like a hundred bucks. The one of the four regulars on the Storage Wars show buys every single unit that goes for sale. There are like 50 people standing around like "wtf are they doing?" These guys will go at it back and forth over a grand for some crap filled unit every single time. Its rediculous and it pisses me off, mainly becasue I buy and sell to pay my way through college and they pay like $3000 for a unit that would go for $250 at an average joe auction.
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8600 posts
Posted on 2/29/12 at 6:24 pm to
Not that this makes up for all of it, but most of those storage wars episodes take place in CA, where most things easily cost double what they do here.
Posted by Walt OReilly
Poplarville, MS
Member since Oct 2005
124694 posts
Posted on 2/29/12 at 6:27 pm to
2 buddies i play cards with did

they didnt find much worth anything
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
34828 posts
Posted on 2/29/12 at 6:37 pm to
Yeah im sure that does make a difference.
This post was edited on 2/29/12 at 6:38 pm
Posted by Archie Bengal Bunker
Member since Jun 2008
15520 posts
Posted on 2/29/12 at 6:54 pm to
quote:

This makes up for all of it: ALL of those storage wars episodes and storage shows are staged, scripted, and fake.





Those shows are 100% fake. It's no different than Pawn Stars.
Posted by dr smartass phd
RIP 8/19
Member since Sep 2004
20387 posts
Posted on 2/29/12 at 7:11 pm to
quote:

I used to have one South Dallas apartment complex
quote:

people would get off the bus, go through it and take what they wanted.


No way that happened in S. Dallas
This post was edited on 2/29/12 at 7:12 pm
Posted by chinese58
NELA. after 30 years in Dallas.
Member since Jun 2004
30628 posts
Posted on 3/1/12 at 1:00 pm to
quote:

No way that happened in S. Dalla


On South Overton down by all of the commercial leasing/limos/vans/trucks. They have a DPD substation on the property.

I want to thank all of you guys for explaining the show to me. I watched a couple of episodes last night. Caught the one they did in Texas and one right after that where a guy got some old clocks.

I actually watched part of three episodes. I saw the one where the guy got jewelry and a safe with money & nother guy got Tahitian prints.

The one older guy who thinks he's cool & funny just likes being on TV because he bought worthless crap every show.
Posted by TuscaloosaTiger03
Member since Aug 2005
50 posts
Posted on 3/1/12 at 1:49 pm to
Our local paper actually just did a story about this.

LINK
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35719 posts
Posted on 3/1/12 at 3:46 pm to
I watch it to see Dave Hester and Barry. Hester bids up most auctions with his YUUUUUUP! and Barry is simply a funny guy. Hester seems to arrive at every auction with a bigger rig.
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 3/1/12 at 3:54 pm to
quote:

I actually watched part of three episodes. I saw the one where the guy got jewelry and a safe with money & nother guy got Tahitian prints.


I saw this last night. The cash in that safe was probably the most staged thing Ive ever seen on this show, which is saying a lot.
Posted by Master of Sinanju
Member since Feb 2012
11374 posts
Posted on 3/1/12 at 3:56 pm to
quote:

no different than Pawn Stars


Pawn Stars is staged?!?

Next you'll be saying the same about Lizard Lick Towing.
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