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Secrets to Self Storage Auctions
E-Zine Articles ^ | June 17, 2008 | Kamyar Shah

Posted on 12/09/2010 11:35:16 PM PST by 2ndDivisionVet

click here to read article


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To: Berlin_Freeper

it’s coming here too... sad


41 posted on 12/10/2010 1:07:57 AM PST by Java4Jay
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To: taxtruth

I suggest you go in while still alive and buy burial insurance. Yep, that means prepay and planned out ahead of time.

That way it’s all done and no one has to go through BS to get you ‘planted’ the way you want.


42 posted on 12/10/2010 1:11:33 AM PST by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!)
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To: 21twelve

“I still think that if the folks really wanted to keep their stuff, they could sell some of it off to pay their rent.”

That was my thought, but then I figured it might not be possible. If you are behind on your rent, the storage unit company might not let you access it until you paid the rent. After all, the contents are their only collateral to getting their back rent you owe. If there was something valuable enough inside, you should be able to borrow the back rent from somebody. It all boils down to it being unlikely the storage unit contains enough value to cover the rent. Unless there has been a bankruptcy, death, etc. that has caused a loss in the chain of knowledge about what is inside.


43 posted on 12/10/2010 1:25:53 AM PST by Kellis91789 (There's a reason the mascot of the Democratic Party is a jackass.)
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To: Berlin_Freeper

Found a really old thread about the same subject:

Discovering hidden ‘treasures’ at storage auctions
http://www.freerepublic.com/focus/fr/1312516/posts


44 posted on 12/10/2010 1:57:27 AM PST by 2ndDivisionVet ("You don't have a soul. You are a Soul. You have a body." CS Lewis)
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To: Java4Jay
I feel the same way you do even though I know it does not make good sense in the real world. However I believe that we who walk in the Kingdom know that our ways are not the world's ways. I feel the same way about buying foreclosed property. I would hate to profit off of someone’s misery.
I obviously am not a good capatalist, which I am not. As a Believer I live by Kingdom principle's that run contrary to this world's way of conducting business.
45 posted on 12/10/2010 2:13:45 AM PST by ladyL
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To: Java4Jay; RobRoy; 2ndDivisionVet; Persevero
>>”It’s disgusting how some people gain off other’s weakness.”<<

>>”I’m referring to the prowling leaches looking to gain off these bids.”<<

>>”…Just as it’s ethically wrong to burn grain to power a Cadillac, while people starve for food.”<<

Questions for you:

Do you still live at home with your parents?

Do you have a job?

Have you ever been to a garage sale?

Have you ever had one?

When you're old enough to drive, what kind of car/truck will you choose?

Should the dealer just give you one because he has so many?

Have you ever had to sacrifice for anything you wanted?

Have you ever been hungry? I'm not talking about when your mommy had to go to work early and didn't make you breakfast hungry. I'm talking ‘hungry’ like you didn't have enough money for food for a day or two.

Have you ever bought something in hopes of selling it for more than you invested?
Example: Your baseball card collection, your Transformers, Pokeman glasses from Burger King, your first edition Harry Potter books and your cherished Dungeons and Dragons game. You get the idea.

I could go on forever with the questions, but it's early and I have things to do.....like go to work.

The owner of the storage units lost out on 4-6 months of rent. He has to pay liability insurance, fire insurance, security fees, fences, cameras, maintenance and repairs, PROPERTY TAXES, SCHOOL TAXES, an accountant, payroll, light bills, phones, advertising etc. Should he do all this for free?

Man up, my little FReeper friend. Contrary to what your Socialist teachers at public school taught you, the world doesn't owe you squat. No room for Socialists here, Java4Jay.

Move along.

46 posted on 12/10/2010 3:34:37 AM PST by panaxanax (IMPEACH THE MUSLIM MARXIST....NOW!!!)
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To: SatinDoll

Unless the funeral home goes belly up. Then someone has to pay all over again. According to Clark Howard it is a real problem.


47 posted on 12/10/2010 3:49:26 AM PST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: ladyL; Java4Jay

>>”I feel the same way about buying foreclosed property. I would hate to profit off of someone’s misery.”<<

You’re not. You are actually helping the people that are losing their house. What should the bank do, burn it down instead of selling it?

Same story when you buy something you need at a garage sale. You’re getting something for less than retail and you’re helping the seller make their mortgage payment or feeding their kids or keeping their lights on.

You two should get together and have a cup of coffee. That is, if you can find a Starbucks that is willing to give you some for FREE!


48 posted on 12/10/2010 3:50:54 AM PST by panaxanax (IMPEACH THE MUSLIM MARXIST....NOW!!!)
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To: Java4Jay
I do not see Him bidding for profit, while others suffer.

You must follow a liberal version of Christianity.

Jesus believes in profit and endorses it.

Go read the parable of the Talents, Matthew 25:14-30, and tell me Jesus does not praise profit and attack the lazy.

49 posted on 12/10/2010 3:53:47 AM PST by Erik Latranyi (Too many conservatives urge retreat when the war of politics doesn't go their way.)
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To: 2ndDivisionVet

fractional storage. You keep 10% of your junk in your storage unit and the rest in other people’s basements.


50 posted on 12/10/2010 3:58:26 AM PST by palmer (Cooperating with Obama = helping him extend the depression and implement socialism.)
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To: F15Eagle; Java4Jay
It’s disgusting how some people gain off other’s weakness.

What you two call "weakness", we call the consequences of free choice made by free individuals.

What you advocate, eventually leads to more central control in the name of "fairness".

It is a common mistake made by Christians who are too focused on compassion and forget that Jesus also taught personal responsibility.

You both show compassion for the people, but none for the storage locker owner. That is not very Christian of you.

51 posted on 12/10/2010 4:02:04 AM PST by Erik Latranyi (Too many conservatives urge retreat when the war of politics doesn't go their way.)
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To: Java4Jay
Self-storage units are cash cows.

Ain't that the truth. Once you rent one of those things, it's very hard to get out of them. It's easier just to write a check for another month's rent than actually deal with the junk that's stored there. First thing you know, you've paid more in rent that the stuff is actually worth.

52 posted on 12/10/2010 4:03:06 AM PST by Fresh Wind
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To: 2ndDivisionVet

Seems to me if you own more ‘stuff’ than fits in your home - then you are a ‘hoarder’.

Family heirlooms, treasures, antiques and valuables should not be ‘stored’ -they should be kept close at hand and insured along with the sofa and microwave.

Common sense is no longer common.


53 posted on 12/10/2010 4:06:06 AM PST by sodpoodle (Despair; man's surrender. Laughter; God 's redemption.)
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To: Java4Jay
Just as it’s ethically wrong to burn grain to power a Cadillac, while people starve for food.

Neither shall you covet your neighbor’s wife. Neither shall you desire your neighbor’s house, or field, or male or female slave, or ox, or donkey, or anything that belongs to your neighbor.

54 posted on 12/10/2010 4:18:44 AM PST by LowOiL (War Damn Eagle ! Beat Bama)
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To: Erik Latranyi; Java4Jay
Go read the parable of the Talents, Matthew 25:14-30, and tell me Jesus does not praise profit and attack the lazy.

Well said! I've been following this thread, and can't help but notice that Java4Jay's misguided compassion for the misery of others is misguided. Didn't Jesus also tell us NOT to store up our treasures on earth? Matthew 6:19-20

If you have enough crap that you have to rent a storage unit to house it all, it might be time for you to bless someone else with all your crap. Why isn't the storage unit holder being criticized for spending their money on a storage unit to store a bunch of junk that should be gotten rid of anyway? If the people who stored it needed it that badly, they would be storing it close to home, where they can access it quickly. If they cared enough about the stuff in the storage unit, they would get out the valuables before the storage unit went up for auction. If they are truly needy, why can't they sell the stuff themselves?

So, let's recap. We have people who have so much junk they need to rent a storage unit to store it all because they can't give anything away. These same people aren't paying their rent they are required to pay in a legally binding contract. Even if this is a result of some hardship, they have ample time to remedy the situation before the storage unit auction. Their refusal to do so is nothing more than laziness.

I could find verses in the Bible that point to each of these behaviors as "un-Christian-like", but you sanctimonious, holier than thou, righteous zealots can surely cite them from memory.

You may also recall that little ditty in Scriptures about reaping what we sow. How can God ever teach sinners if 'compassionate' people always 'save the day' and interfere with God's natural consequence of suffering for sinful behavior? Sometimes, people need to suffer enough to need God in their lives, and the 'compassionate' helpers prevent the sinner from experiencing that. How helpful is it that?

55 posted on 12/10/2010 4:25:57 AM PST by erkyl (We hang the petty thieves and appoint the great ones to public office --Aesop (~550 BC))
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To: Berlin_Freeper

Same here. The only reason we have a storage unit is to house “heirloom” furniture and china. Two of the most useless things ever. The furniture with the exception of a roll top desk and a vintage singer sewing machine is glorified heavy and not very attractive firewood.


56 posted on 12/10/2010 4:29:29 AM PST by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: 2ndDivisionVet
I have done storage auctions from time to time. Went to one last week. The new shows have screwed the whole thing up. There was twice the usually number of people bidding top dollar for three Christmas tress from WallyWorld and a box of lights. Crazy. BTW the $150,000 storage locker is very rare and about like hitting the lotto.
57 posted on 12/10/2010 4:39:12 AM PST by mad_as_he$$ (V for Vendetta.)
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To: erkyl

Very well said.


58 posted on 12/10/2010 4:39:18 AM PST by marktwain
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To: marktwain

I just read this thread and feel uncomfortable with the comments that seem to pose that anyone making as profit is somehow taking advantage of others’ misery and is being immoral. That is a bunch of socialist pap. I guess using that logic if I go to Walmart and buy something for a low price I am degrading the Chinese worker who made it because their level of living isn’t equal to mine. This is lefty looniness.


59 posted on 12/10/2010 4:51:18 AM PST by hal ogen (1st Amendment or Reeducation Camp?)
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To: Straight Vermonter

Um, the insurance policy is, I believe, national. So it is useful where ever.


60 posted on 12/10/2010 4:52:03 AM PST by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!)
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