Good Posting Judge
Footballguy
I loved the episode where Darrell talks about his "big one", a huge comic book collection that was worth well over $1mm and he sold it for $130K or something. HAHAHAHAHAHAH!!!!!! F U, DARRELL!!!!!
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Storage Wars on A&E TV (2 Viewers)
- Thread starter comfortably numb
- Start date
Binky The Doormat
Footballguy
National Lampoon at its height of funny here.http://www.facebook.com/home.php#!/pro...100001675371418
http://www.facebook.com/home.php#!/pag...139236519468327
Under questions for Brandi, this guy writes:
Larry:
Brandi; I love the show..I'm one of your BIGGEST FAN'S and hope to see more of you on storage wars...Your a very BEAUTIFUL LADY...Your husband is a " LUCKY MAN" to have someone with your BEAUTY!!!!!! I'f you all ever Divorce look me up and I'll marry you in a second..The only drawback is you'll have to move to SAN ANTONIO TEXAS!!!Wishful thinking Right...hope you stay married to your husband...Because he will never find another girl with your intelligence;leadership;honesty;and last but not least BEAUTY!!!!!!!!!!!!TAKE CARE AND GOD BLESS YOU YOUR FAN I CAN'T WAIT TO CHOP YOU UP INTO LITTLE PIECES LARRY....
Sarnoff
Footballguy
From what we see at least, they don't often get hit with "overpriced" lockers, just lockers that they won't make as much profit as others. I imagine these guys have a ratio in mind, make $1000 for every $1000 spent if possible, bidding it up cuts the profit so he might only make $500 profit for $1000 spent, but, still profit.
Rayderr
Footballguy
And he's seemed to have learned from that with his decision not to sell the silver and gold he found.
Thread Killer
Footballguy
Jarrod's too much of a dummy to let him go bidding without keeping a leash on him. I
Brandi too.GunslingerEnder
Footballguy
My sister works for Public Storage.
I asked her about the auctions, here's some tidbits:
Once a locker is overdue the manager comes and puts a new lock on it without opening the locker. My sister never has the opportunity to see what's in the locker.
Also, the company just wants what is owed to them. If the storage unit auctions for more than what is owed, the renter gets the remaining balance of the cash made during the auction. If it is less, the renter gets the bill for the remainder of the balance.
Since the shows have aired the amount of people showing up is up from about 20 to 100. It's basically a club and if you are new, the people that have been around will not let you just walk in and get a locker for what they would consider it worth. Say it's worth $300 to them. They will make sure and bid it higher if a "newbie" is bidding to try and get them discouraged from coming back after they lose money.
One of her customers is Corey Hart, who stores his stuff during the off season when he moves back to Arizona (I think). He rents and apartment during the regular season.
Sad story; one guy rented a unit one day and then sent out letters to his family and then killed himself in the unit. The guy was there for 3 days before his family members received their letters. This storage place is directly across from a police station and basically the entire facility became a crime scene for a day.
I may be able to have her answer any other questions you guys have.
I asked her about the auctions, here's some tidbits:
Once a locker is overdue the manager comes and puts a new lock on it without opening the locker. My sister never has the opportunity to see what's in the locker.
Also, the company just wants what is owed to them. If the storage unit auctions for more than what is owed, the renter gets the remaining balance of the cash made during the auction. If it is less, the renter gets the bill for the remainder of the balance.
Since the shows have aired the amount of people showing up is up from about 20 to 100. It's basically a club and if you are new, the people that have been around will not let you just walk in and get a locker for what they would consider it worth. Say it's worth $300 to them. They will make sure and bid it higher if a "newbie" is bidding to try and get them discouraged from coming back after they lose money.
One of her customers is Corey Hart, who stores his stuff during the off season when he moves back to Arizona (I think). He rents and apartment during the regular season.
Sad story; one guy rented a unit one day and then sent out letters to his family and then killed himself in the unit. The guy was there for 3 days before his family members received their letters. This storage place is directly across from a police station and basically the entire facility became a crime scene for a day.
I may be able to have her answer any other questions you guys have.
Jeff Pasquino
Footballguy
I've seen the show - I think all of the episodes. I also saw another version of a storage wars-like show that was "harder" (i.e. more bleeps) with appraisers there. A dude from a pawn shop was the "Dave" of the show - deep pockets and everyone hated him. Only saw that once (not sure what network that's on).
I like Storage Wars better. Dave's a jerk but he's also a seasoned vet of the auctions like Darrell. The funny thing to me is that all four of them (Darrell, Dave, Brandi (
) and Jarrod/Cletus, and Crazy Barry) have their niches - Dave's looking for high end stuff most of the time, Brandi and Jarrod are more low end, Darrell knows certain collectibles while Barry is just an eclectic collector. Brandi and Jarrod should be trailing Barry and picking up whatever he doesn't want, for example.
Anyways, I went to an auction last month. Yes, the show has done "wonders" for that market - meaning that anyone and their brother are now going to these. They're not hard to find (either call a storage place or search online).
When I went there were two facilities within 5-10 miles of one another and the same auctioneer was running both. The auctions were supposed to be 9 units at noon and about 5-6 at 1PM but people square up at the last minute and nullify the auctions - so 6 were sold at noon and 3 at 1PM. Some were indoor, some outdoor.
Yes, the storage place only recovers their rent costs - the rest of the $ goes to the people who had the stuff.
Some auctions were about $200 and others went over $2000 - that bigger one was a big 20x20 or so outdoor unit that was packed to the hilt with what looked like the contents of a whole house.
The conditions are that you have to be ready to clear out the locker within 24 hours (give or take). So if you buy a big one, you better have some guys and/or a truck lined up - and a place to take the stuff.
I did buy one for $525 that had some good stuff in it. Got a curio / hutch for a dining room, small coin collection (not much, maybe worth $100), Dell computer, a Lowrey organ and some other items. I'll probably break even or make a little, nothing major. Collectibles and hidden $$ are going to be where you would make a major score on these. It was still fun though.
Things I did learn from it:
1. Tons of people go now thanks to these shows - and the "veterans" HATE the shows
2. Be prepared to move stuff (and buy a unit based on that thought)
3. Have a small gambler's mentality - just because you can't see value, doesn't mean it isn't in there
4. Going the winter sucks if it is cold. Nothing quite like having to haul furniture / chairs / TV / bed etc. When it is 20 degrees.
5. Have fun with it
I like Storage Wars better. Dave's a jerk but he's also a seasoned vet of the auctions like Darrell. The funny thing to me is that all four of them (Darrell, Dave, Brandi (
) and Jarrod/Cletus, and Crazy Barry) have their niches - Dave's looking for high end stuff most of the time, Brandi and Jarrod are more low end, Darrell knows certain collectibles while Barry is just an eclectic collector. Brandi and Jarrod should be trailing Barry and picking up whatever he doesn't want, for example.Anyways, I went to an auction last month. Yes, the show has done "wonders" for that market - meaning that anyone and their brother are now going to these. They're not hard to find (either call a storage place or search online).
When I went there were two facilities within 5-10 miles of one another and the same auctioneer was running both. The auctions were supposed to be 9 units at noon and about 5-6 at 1PM but people square up at the last minute and nullify the auctions - so 6 were sold at noon and 3 at 1PM. Some were indoor, some outdoor.
Yes, the storage place only recovers their rent costs - the rest of the $ goes to the people who had the stuff.
Some auctions were about $200 and others went over $2000 - that bigger one was a big 20x20 or so outdoor unit that was packed to the hilt with what looked like the contents of a whole house.
The conditions are that you have to be ready to clear out the locker within 24 hours (give or take). So if you buy a big one, you better have some guys and/or a truck lined up - and a place to take the stuff.
I did buy one for $525 that had some good stuff in it. Got a curio / hutch for a dining room, small coin collection (not much, maybe worth $100), Dell computer, a Lowrey organ and some other items. I'll probably break even or make a little, nothing major. Collectibles and hidden $$ are going to be where you would make a major score on these. It was still fun though.
Things I did learn from it:
1. Tons of people go now thanks to these shows - and the "veterans" HATE the shows
2. Be prepared to move stuff (and buy a unit based on that thought)
3. Have a small gambler's mentality - just because you can't see value, doesn't mean it isn't in there
4. Going the winter sucks if it is cold. Nothing quite like having to haul furniture / chairs / TV / bed etc. When it is 20 degrees.
5. Have fun with it
Last edited by a moderator:
Sarnoff
Footballguy
I think I just found a second income stream.
St. Louis Bob
Footballguy
I'll go in halfsies.I think I just found a second income stream.
Courtjester
The Town Drunk
I can't believe someone hasn't tried this yet....
GunslingerEnder
Footballguy
I've thought about it, as there is technically nothing illegal about storing a pallet of empty PS3 boxes or laptop boxes etc...
Rayderr
Footballguy
Probably not that much. If you watch, you'll notice that the counter always uses the high end of an estimated value. So if an expert says something is worth "$100-$500" they show will use the $500 amount. Of course what it's valued at and what they could actually sell it for are two totally different things.
Rayderr
Footballguy
A few of them are probably because the owner died and the heirs had no knowledge of the unit.
Ignoramus
Footballguy
My grandparents used to manage a storage facility when I was a kid. My cousins and I used to prowl the place after hours looking for units where people would put a padlock on but forget to slide the mechanism before putting on the lock, leaving the door actually unlocked. We'd go in and rummage through them, mostly looking for old Playboys.
One time a guy rented a unit and ended up not paying the rent. When they opened it, the unit was empty except for a turd right in the middle of the floor.
One time a guy rented a unit and ended up not paying the rent. When they opened it, the unit was empty except for a turd right in the middle of the floor.
squidrope
Footballguy
gmbacm
Footballguy
BRONG
FOR A LIMITED TIME ONLY
Love it. Now, every time I see him do it, I think of that post. Cracks me up.
Jeff Pasquino
Footballguy
Just one of the 4 on tonight is new, right?
In The Zone
Footballguy
I love it too. I've said it like that so much around the house I've rubbed off on my wife and she says it just like Dave.
BRONG
FOR A LIMITED TIME ONLY
I love it too. I've said it like that so much around the house I've rubbed off on my wife and she says it just like Dave.
Nice.
mr. furley
Footballguy
so this is where Herbert the Hippo disappeared to? he's buying up storage lockers now?
BRONG
FOR A LIMITED TIME ONLY
BRONG
FOR A LIMITED TIME ONLY
Thought I posted? Anyway, DARYL is your prototype Socal kook.. The guy is the very definition, it's hilarious.
As staged as this is, they did a pretty good job casting these personalities. Fairly entertaining, but shelf-life will be super short, I think I'm done already.
Who was it that was saying he went to one and how all the "pros" are all pissed about the show. That cracks me up. I can only imagine the amount of nut cases showing up to these all over the country now. People must be overpaying like crazy.
Because, you know, IT'S the WOW FACTOR!!
As staged as this is, they did a pretty good job casting these personalities. Fairly entertaining, but shelf-life will be super short, I think I'm done already.
Who was it that was saying he went to one and how all the "pros" are all pissed about the show. That cracks me up. I can only imagine the amount of nut cases showing up to these all over the country now. People must be overpaying like crazy.
Because, you know, IT'S the WOW FACTOR!!
Bluesbomber
Footballguy
How long til the new smilie ?I love it too. I've said it like that so much around the house I've rubbed off on my wife and she says it just like Dave.
phrozen
Footballguy
phrozen
Footballguy
Daryl cracked me up last night with the "tea strainer"Thought I posted? Anyway, DARYL is your prototype Socal kook.. The guy is the very definition, it's hilarious. As staged as this is, they did a pretty good job casting these personalities. Fairly entertaining, but shelf-life will be super short, I think I'm done already.Who was it that was saying he went to one and how all the "pros" are all pissed about the show. That cracks me up. I can only imagine the amount of nut cases showing up to these all over the country now. People must be overpaying like crazy.
lolerskates
Footballguy
He said tea bag...lol.Daryl cracked me up last night with the "tea strainer"Thought I posted? Anyway, DARYL is your prototype Socal kook.. The guy is the very definition, it's hilarious. As staged as this is, they did a pretty good job casting these personalities. Fairly entertaining, but shelf-life will be super short, I think I'm done already.Who was it that was saying he went to one and how all the "pros" are all pissed about the show. That cracks me up. I can only imagine the amount of nut cases showing up to these all over the country now. People must be overpaying like crazy.
Rayderr
Footballguy
So how does this work? They rent out a bunch of storage unitss to fake bid on and the producer does a drop of acid to determine what does in the lockers? "I'm seeing an entire restaurant in a unit... 30,000 newspapers of Elvis' death... a green woman with a telephone for a stomach... and the world's smallest car... WITH A MIDGET IN IT!!"
The Big Guy
Fear the Blitz
Please bid on one using that phrase and tone, just for giggles if nothing else. Let us know how it all goes, naturally.
phrozen
Footballguy
bring back a report of how the auctions went. hopefully you threw some yeeeeeeeeeeeeep's in during your bids.
bicycle_seat_sniffer
Smells like chicken
Cornhole???I also have a thing for Brandi, one epsiode that dress she was wearing was yummy
Apu
Footballguy
We'll be going again in the near future. You in next time?There were only 3 units between two sites. Next time we're going to try and go to a local one that has more units up for auction.I'll summarize in a bit.
Apu
Footballguy
Was extremely similar to Storage Wars.
A couple things I was surprised by. Anything over $500, you can charge. And they really pushed for people to turn in personal items (photos, marriage license, etc), which I thought was cool. One place had a “move in special”, meaning you could leave the items, if you rented the storage unit.
Everything else was almost verbatim to the show.
I felt a little out of place because I didn’t have a beard, pick up truck nor was I chain smoking. But whatever, the people seemed cool.
Very easy to identify the pros. They had the heavy duty flashlights, gloves in the back pocket and looked like they just got back from a hunting trip.
About 40 people at the first site, which had 2 units for auction. I’d say about 30 people at the next auction, which was only a few miles away. Same people at both. I’d guess half the people were there to make a buck, the other half were like us and just there to watch (although we brought a few hundy just in case).
Before the auction, some regulars were talking with the auctioneer about a prior auction where some guy bought a storage unit that contained items from a pawn store. Seemed pretty interesting, but it sounds like the guy was struggling to break even. I wish I could have heard some more stories, but it was off to the first unit…
First auction was on a small outdoor unit, about the size of a walk-in closet. Not much inside. A mattress, some junky furniture, some folding chairs and a four drawer clear plastic storage unit with crafts inside. Auctioneer started at $100, came down to $25 until someone finally shouted out $10. No one else bid. Easy money for the winner, but probably enough to cover the gas to get to the auction.
Second unit was also outside and what I would consider normal size. I’m guessing about 10x10. What was interesting is that it was already open. About half the people from the first auction bailed (we stayed to watch). So someone from the auction company went ahead and opened it, probably to save time. I could tell as we approached the unit, that people were interested. This unit was packed. A mattress, furniture, 30 some inch TV, tools, golf clubs, baseball equipment bag, moving dolly. Just lots of random household stuff. And who knows what’s in the back half. The auctioneer said the guy was on hard times, couldn’t afford the storage unit and couldn’t even afford his rent. Thought it was interesting that he shared that information. My boss and I both separately valued it at $500 and said we’d pay $250. Well, the auctioneer started at $500 right out of the gate and got some bidders. So we just sat back and watched. Sold for $825 or $850, can’t remember. My guess is the tools and the “wow factor” were driving the price. About a half dozen different bidders during the process, but was quickly down to 2 or 3. I can’t imagine there is much profit here.
The third unit was at a separate location a few miles away. This was another small unit. It was packed. Another mattress (wrapped), some decent furniture, tv, dvd player, household items. A huge bean bag chair was blocking the back half of the unit. Bidding started at $100 and ended up selling for $200. Same guy who bought the second unit was in on the bidding, but dropped out at around $150 (I’m guessing he had a total limit of a grand). About 4 or 5 different bidders. I thought this was a decent deal.
We had a good time and we’ll definitely go again. Would be a fun little hobby if you’re retired and could follow the auctions around for a day, maybe once a week. Definitely have to put the time and effort into this to make a buck though.
A couple things I was surprised by. Anything over $500, you can charge. And they really pushed for people to turn in personal items (photos, marriage license, etc), which I thought was cool. One place had a “move in special”, meaning you could leave the items, if you rented the storage unit.
Everything else was almost verbatim to the show.
I felt a little out of place because I didn’t have a beard, pick up truck nor was I chain smoking. But whatever, the people seemed cool.
Very easy to identify the pros. They had the heavy duty flashlights, gloves in the back pocket and looked like they just got back from a hunting trip.
About 40 people at the first site, which had 2 units for auction. I’d say about 30 people at the next auction, which was only a few miles away. Same people at both. I’d guess half the people were there to make a buck, the other half were like us and just there to watch (although we brought a few hundy just in case).
Before the auction, some regulars were talking with the auctioneer about a prior auction where some guy bought a storage unit that contained items from a pawn store. Seemed pretty interesting, but it sounds like the guy was struggling to break even. I wish I could have heard some more stories, but it was off to the first unit…
First auction was on a small outdoor unit, about the size of a walk-in closet. Not much inside. A mattress, some junky furniture, some folding chairs and a four drawer clear plastic storage unit with crafts inside. Auctioneer started at $100, came down to $25 until someone finally shouted out $10. No one else bid. Easy money for the winner, but probably enough to cover the gas to get to the auction.
Second unit was also outside and what I would consider normal size. I’m guessing about 10x10. What was interesting is that it was already open. About half the people from the first auction bailed (we stayed to watch). So someone from the auction company went ahead and opened it, probably to save time. I could tell as we approached the unit, that people were interested. This unit was packed. A mattress, furniture, 30 some inch TV, tools, golf clubs, baseball equipment bag, moving dolly. Just lots of random household stuff. And who knows what’s in the back half. The auctioneer said the guy was on hard times, couldn’t afford the storage unit and couldn’t even afford his rent. Thought it was interesting that he shared that information. My boss and I both separately valued it at $500 and said we’d pay $250. Well, the auctioneer started at $500 right out of the gate and got some bidders. So we just sat back and watched. Sold for $825 or $850, can’t remember. My guess is the tools and the “wow factor” were driving the price. About a half dozen different bidders during the process, but was quickly down to 2 or 3. I can’t imagine there is much profit here.
The third unit was at a separate location a few miles away. This was another small unit. It was packed. Another mattress (wrapped), some decent furniture, tv, dvd player, household items. A huge bean bag chair was blocking the back half of the unit. Bidding started at $100 and ended up selling for $200. Same guy who bought the second unit was in on the bidding, but dropped out at around $150 (I’m guessing he had a total limit of a grand). About 4 or 5 different bidders. I thought this was a decent deal.
We had a good time and we’ll definitely go again. Would be a fun little hobby if you’re retired and could follow the auctions around for a day, maybe once a week. Definitely have to put the time and effort into this to make a buck though.
St. Louis Bob
Footballguy
I was doing this at my kid's school auction last Saturday.I love it too. I've said it like that so much around the house I've rubbed off on my wife and she says it just like Dave.
comfortably numb
Footballguy
All we wanna know is if anyone yelled YEEEEEEEEEEEEEEEEEEEEEEEEEEEP
Apu
Footballguy
Two other things I noticed to identify the pros...
They show up in a truck capable of hauling away a lot of stuff (truck, utility van, truck with trailer, etc).
They have a partner, most likely to help them haul heavy objects.
I know this is pretty obviousy, but it's helpful to size up the competition before the auction begins.
They show up in a truck capable of hauling away a lot of stuff (truck, utility van, truck with trailer, etc).
They have a partner, most likely to help them haul heavy objects.
I know this is pretty obviousy, but it's helpful to size up the competition before the auction begins.
JaxBill
Footballguy
The hardest part would be how to sell the stuff you bought.
pantherclub
Footballguy
My questions:
Why dont the storage unit owners go through the stuff first? Is it against the law for them to do such?
How do people get bid "up"? Seems to me it would be easy to see when it was happening and you could just pump the brakes when you see someone keep outbidding you just for the sake of doing it.
I went to one of these about a month ago and the dude auctioned off 2 and there was nothing but crap upon crap in both. Not sure how many you have to hit before you get the motherload. As someone said earlier, once you buy it you have to be prepared to haul it away. Seems glamorous on TV but in reality its more of a pain.
Why dont the storage unit owners go through the stuff first? Is it against the law for them to do such?
How do people get bid "up"? Seems to me it would be easy to see when it was happening and you could just pump the brakes when you see someone keep outbidding you just for the sake of doing it.
I went to one of these about a month ago and the dude auctioned off 2 and there was nothing but crap upon crap in both. Not sure how many you have to hit before you get the motherload. As someone said earlier, once you buy it you have to be prepared to haul it away. Seems glamorous on TV but in reality its more of a pain.
Apu
Footballguy
Excellent point. I imagine some items are easy to sell (pawn shop, antique store, ebay, craiglist, coin dealers, card shops, garage sale, donate).But unless you own a thrift shop, a lot of the bigger items are going to take time to sell on ebay or craigslist. Although I imagine thrift shops might buy stuff, ableit at a heavily discounted price? Like the guy who bought the unit today for $850. That's a lot of upfront money and I imagine a lot of work for what has to be a small profit margin.'JaxBill said:
Apu
Footballguy
According to Michigan laws on storage units, if you are more then 5 days late on your rent, they can prevent you from stepping foot on their property.
pantherclub
Footballguy
Why dont the owners of the unit, not the renters, go in the units and get the good stuff?
Apu
Footballguy
I'm guessing that's against the law?
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