Good Lord, Im in Canada and I havent had snow yet; you looked frozen at the start.$40 bucks was wourth the shot in the dark, good job. I have no kids, so maybe I'll stick all my stuff in a storage locker and not pay it; I'll let you know where lol
I wasn't expecting snow! Shame on me for not paying attention. Where I live, we had only a light dusting today. I drove about an hour and a half for this and ran right into some pretty good snowfall! By the end of the cleanout, my toes were frozen. They do auction units in Canada! I've been tempted to buy up north a few times ☺️
@@cosub They do sell units here, but in Ontario where I am, good in the richer areas obviously but around me you'd get a lot of grannies collectables and crap. I prefer ancient items so I've paid to get what intrigued me. None of my family want my stuff and I have a lot, strange how people dont see the value in history nowadays. I have items dating to Constantine the second, still its just clutter to my nephews. But I thoroughly enjoy watching you and your adventures, crossing my fingers every time you open a locker hoping to find valuables and maybe get lucky and discover history. Keep up the hunt, I'm watchiing.
The historical value behind what I find is what drives me. I buy units like this to keep the lights on, but I am forever hunting for the history and knowledge that may appear around the corner. I dive deep into subjects I never would have sought out previously. That's why I'm here. It's a thrill and a chase that I will continue until I physically can't anymore. Thank you so much for joining me on this adventure! Can't wait for what I may find next 🤔
If you actually achieve your prices on the whole, turning $40 into $150 is not a bad return on a cheap fall back unit - I wouldn't call it getting hosed, but you generally seem to have a good eye for your first choices, and do get some very good profits. Good luck with the next one.
I agree! The problem with $5 items is profit versus time/resources spent. It is $150 on paper, but when you factor in the costs to source the inventory and the materials/ time spent selling them? I'm almost net zero on this. These units can be discouraging. However, it's all part of the game! In the past I haven't shown units like this, people want fantastic gains! However, this is more realistic. You have to kiss a lot of frogs before you find your prince! Thank you for the watch and commentary. You are spot on.
@@cosub I am in Australia and run a country auction room. I travel larger distances with a pantech (box truck) to buy largish units for my own stock, and sell for local region vendors and deceased estate. Except with major estate collections my costs are too high to run on commissions alone. My advantage is that I don't have additional costs or time in selling $5 lots, but I also don't want too big a percentage of them in the auction. My worst percentage loss was losing $300 on a $200 unit - I misjudged the quantity (my fault) and the container the storage was in was dripping water and damaging a lot of the stuff inside (not declared by the storage company). My worst financial loss was a unit the longest distance away I have done so far, which cost $4000 landed and returned $2000 ($1000 better than I expected). It was an old estate unit, the exact type I chase, but whoever packed it up, stripped out virtually everything that would have been collectable. They missed some coins in the bottom of one suitcase, which improved my return, but those two are examples, to me, of "getting hosed". Fortunately the latter one was the unit straight after one of two that I have had 5 digit returns from, which made it far less discouraging. I would still buy the same type of unit as that second one, because an old hoarder's house where they kept everything and it just all gets put into storage by descendants (or otherwise), are the type that are the most profitable and exciting for me, even if they are much more work.
There have been a few over the years that have made me question what I'm doing. One in particular about 4 years ago almost made me quit right there on the spot. It was a diabetic who threw hundreds of uncapped needles in every box and also had an AIDS diagnosis. It was an incredibly unnerving and tedious clean out. Examples like yours above are the situations that test your grit. I love sitting down with other buyers and sharing the worst of the worst and also talking about the best purchases ever. Some of my best friends are also in the business. There are some situations you just can't explain to others outside of this work because words can't possibly describe it. We are a (little) crazy, but man, what a ride. Happy hunting!
@@cosub That needle unit sounds scary. The nature of what I chase - units with age, Grandma's stuff put into storage when she passed, etc, means I am less likely to get paraphenalia than most storage buyers. I have gotten the occasional bong and one unit had multiple empty methadone bottles, I have had a mostly had a paraphenalia free experience. Given that dru-gs are a reason that units are abandoned (death, jail / gaol, or eviction) it isn't surprising that a lot of paraphenalia turns up for many buyers. By "units with age" I mean units with old stuff, not units that have just been stored for a long time. Watching the American videos, there is a much higher rate of those turning up on your side of the world. Australia went for almost 30 without a recession, and we became a disposable society so in some aspects not a lot of old stuff got kept - that may be part of why I can do well even on lower quality units with age, because those who chase the old stuff, are finding it somewhat harder to get. It does still turn up in farm and estate auctions, so it is not that scarce, but it's what works for my business model, and I can still get decent profits out of lower quality stuff. I work on the basis that if I buy a decent size unit and break it up into 100 to 200 auction lots then they should owe me very little per lot and it doesn't matter if some items sell under market rate (recent units have been smaller numbers of lots, but still gotten much better than expected turn over). I am also not afraid of the rubbish in hoarder units - it's part of the turf, but in an old hoarder lot they often kept both the rubbish they shouldn't have, but also kept the stuff (such as food packaging) that no one else kept at the time, and that collectors are now seeking out. A couple of my best units have been about 80% rubbish, but had some really interesting old stuff through them. The sorting slows the process down, but I enjoy how random it can be for good or intereting items to turn up. I am running single vendor auctions at the moment so won't be chasing more units until late January / early February, so I get a bit of my fix from RUclips storage videos at times like this.
Very clever to buy a cheap unit even if it means small profit. Better days will come just keep being positive, good luck 😊
❤❤❤❤😊
Where are your gloves girl?? I wouldn’t dig through lockers without them!
Thanks for the video.✌️
What state you from I love snow and I want to move where there's snow this time of the year
Good Lord, Im in Canada and I havent had snow yet; you looked frozen at the start.$40 bucks was wourth the shot in the dark, good job. I have no kids, so maybe I'll stick all my stuff in a storage locker and not pay it; I'll let you know where lol
I wasn't expecting snow! Shame on me for not paying attention. Where I live, we had only a light dusting today. I drove about an hour and a half for this and ran right into some pretty good snowfall! By the end of the cleanout, my toes were frozen. They do auction units in Canada! I've been tempted to buy up north a few times ☺️
@@cosub They do sell units here, but in Ontario where I am, good in the richer areas obviously but around me you'd get a lot of grannies collectables and crap. I prefer ancient items so I've paid to get what intrigued me. None of my family want my stuff and I have a lot, strange how people dont see the value in history nowadays. I have items dating to Constantine the second, still its just clutter to my nephews. But I thoroughly enjoy watching you and your adventures, crossing my fingers every time you open a locker hoping to find valuables and maybe get lucky and discover history. Keep up the hunt, I'm watchiing.
The historical value behind what I find is what drives me. I buy units like this to keep the lights on, but I am forever hunting for the history and knowledge that may appear around the corner. I dive deep into subjects I never would have sought out previously. That's why I'm here. It's a thrill and a chase that I will continue until I physically can't anymore. Thank you so much for joining me on this adventure! Can't wait for what I may find next 🤔
If you actually achieve your prices on the whole, turning $40 into $150 is not a bad return on a cheap fall back unit - I wouldn't call it getting hosed, but you generally seem to have a good eye for your first choices, and do get some very good profits. Good luck with the next one.
I agree! The problem with $5 items is profit versus time/resources spent. It is $150 on paper, but when you factor in the costs to source the inventory and the materials/ time spent selling them? I'm almost net zero on this. These units can be discouraging. However, it's all part of the game! In the past I haven't shown units like this, people want fantastic gains! However, this is more realistic. You have to kiss a lot of frogs before you find your prince! Thank you for the watch and commentary. You are spot on.
@@cosub I am in Australia and run a country auction room. I travel larger distances with a pantech (box truck) to buy largish units for my own stock, and sell for local region vendors and deceased estate. Except with major estate collections my costs are too high to run on commissions alone. My advantage is that I don't have additional costs or time in selling $5 lots, but I also don't want too big a percentage of them in the auction. My worst percentage loss was losing $300 on a $200 unit - I misjudged the quantity (my fault) and the container the storage was in was dripping water and damaging a lot of the stuff inside (not declared by the storage company). My worst financial loss was a unit the longest distance away I have done so far, which cost $4000 landed and returned $2000 ($1000 better than I expected). It was an old estate unit, the exact type I chase, but whoever packed it up, stripped out virtually everything that would have been collectable. They missed some coins in the bottom of one suitcase, which improved my return, but those two are examples, to me, of "getting hosed". Fortunately the latter one was the unit straight after one of two that I have had 5 digit returns from, which made it far less discouraging. I would still buy the same type of unit as that second one, because an old hoarder's house where they kept everything and it just all gets put into storage by descendants (or otherwise), are the type that are the most profitable and exciting for me, even if they are much more work.
There have been a few over the years that have made me question what I'm doing. One in particular about 4 years ago almost made me quit right there on the spot. It was a diabetic who threw hundreds of uncapped needles in every box and also had an AIDS diagnosis. It was an incredibly unnerving and tedious clean out. Examples like yours above are the situations that test your grit. I love sitting down with other buyers and sharing the worst of the worst and also talking about the best purchases ever. Some of my best friends are also in the business. There are some situations you just can't explain to others outside of this work because words can't possibly describe it. We are a (little) crazy, but man, what a ride. Happy hunting!
@@cosub That needle unit sounds scary. The nature of what I chase - units with age, Grandma's stuff put into storage when she passed, etc, means I am less likely to get paraphenalia than most storage buyers. I have gotten the occasional bong and one unit had multiple empty methadone bottles, I have had a mostly had a paraphenalia free experience. Given that dru-gs are a reason that units are abandoned (death, jail / gaol, or eviction) it isn't surprising that a lot of paraphenalia turns up for many buyers.
By "units with age" I mean units with old stuff, not units that have just been stored for a long time. Watching the American videos, there is a much higher rate of those turning up on your side of the world. Australia went for almost 30 without a recession, and we became a disposable society so in some aspects not a lot of old stuff got kept - that may be part of why I can do well even on lower quality units with age, because those who chase the old stuff, are finding it somewhat harder to get. It does still turn up in farm and estate auctions, so it is not that scarce, but it's what works for my business model, and I can still get decent profits out of lower quality stuff. I work on the basis that if I buy a decent size unit and break it up into 100 to 200 auction lots then they should owe me very little per lot and it doesn't matter if some items sell under market rate (recent units have been smaller numbers of lots, but still gotten much better than expected turn over). I am also not afraid of the rubbish in hoarder units - it's part of the turf, but in an old hoarder lot they often kept both the rubbish they shouldn't have, but also kept the stuff (such as food packaging) that no one else kept at the time, and that collectors are now seeking out. A couple of my best units have been about 80% rubbish, but had some really interesting old stuff through them. The sorting slows the process down, but I enjoy how random it can be for good or intereting items to turn up. I am running single vendor auctions at the moment so won't be chasing more units until late January / early February, so I get a bit of my fix from RUclips storage videos at times like this.
Why do you switch nostrils for that wire on your nose? Not getting the meaning of that…
Hosed for sure,they should have payed you
maybe these auctions will start to get cheaper. Since the tv show about them was fake
Watching those shows can be painful. A lot of planted items.