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public storage auctions.......
mjgcarpenter
Member Posts: 245 ✭✭✭
Anyone ever gone to one?... I'm going tomorrow to one. Bad part is it is a silent auction. Good part is I put most of the stuff in it. It is my older brothers, lots of baseball cards and collectibles. He suffers from depression and is manic depressive and doesn't pay his bills. Can't alway bail him out. Just wondering if people bid high or any kind of info.(high being more than $1000) thanks.......
Comments
USUALLY, there are some great deals to be had
... around here, anyway!
My WORST mistake was not to get my dollar (and
refundable) number ... and later could have bought
a (COMPLETELY RESTORED SHOW CAR) LINCOLN
CONTINENTAL V12 for $10K - I was RUINED for weeks!
So ... always get your number!
PS ... came home, went to the net ... one was
snatched up for $47K a few weeks before! ARRRUG![:(!][:(!][:(!]
Just wondering if people bid high or any kind of info.(high being more than $1000)
I have been to hundreds of these over the years. Paid as little as $1, seen some go for thousands. Largely depends on what is in it, how they conduct the auction, and who shows up.
Some just open the door and let you look from there, while others let you scrounge through the contents of the unit. Looking in boxes, drawers, etc. The first kind would be more to your advantage, since you know what is in there.
As for who shows up, this is where I call them Californicators. (This is NOT a slam against people who LIVE in California, it is a slam against those who have moved here. Bringing their bleened up ways, that they were running away from, with them. Trying to force us to accept what they were not willing to live with.)
Anyway, they took some kind of "seminar" (costing hundreds of $$$, wish I had thought of that) about buying and selling storage units. Since they spent so much money on the seminar, they feel that they have to get their money back, so they buy every unit that comes along, no matter the price. Then they are surprised, when they end up taking almost everything in the unit that they paid $800 for, straight to the dumpster. Hey, it was, at MOST, a $10-20 unit. After buying a certain number of units, loosing money on most every one of them, these dummies don't last long, but there seems to be a never ending supply of them.
While "most" of the storage unit places are honest, there are some who go through the stuff first, then sell the junk left over. Hope yours is an honest one. Good luck getting your brother's stuff back.
Usually, you only get to walk past the open door and look inside before bidding. Smart bidders bring a flashlight. Rarely, the stuff will be set outside and divided into smaller lots. I would rather buy the whole building.
I have passed on some big bargains just because I had no way to move or store that much stuff. My last one I bought for a buck and found a few small valuables to sell on Fleabay. I made a couple hundred on the deal.
The silent auctions I have seen are at fundraising events indoors, such as the Friends of NRA, and you go by and write down your name and bid on a form. There is a time limit, and the high bidder when time runs out gets the item.
You write a number on a piece of paper, and hand it in.
Only get ONE shot at it.