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re: How many idiots do you think got into storage unit buying
Posted on 2/28/12 at 10:56 pm to BilJ
Posted on 2/28/12 at 10:56 pm to BilJ
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.
Posted on 2/28/12 at 11:40 pm to Palm Beach Tiger
quote:
I am a G.M. at a storage facility right now.
Do yall go through the lockers before the auction?
Posted on 2/29/12 at 12:51 pm to Palm Beach Tiger
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.
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