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

Posted on 2/29/12 at 12:51 pm to
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 chinese58
NELA. after 30 years in Dallas.
Member since Jun 2004
30629 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 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 Palm Beach Tiger
Orlando, Florida
Member since Jan 2007
29887 posts
Posted on 3/1/12 at 7:59 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.

"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.


Yeah, I deal with these thrift shop people quite often, not to mention I know a bit about it myself. The prices they quote this stuff is worth is the most ridiculous part of the show.
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