2nd Season of Storage Wars (All season thread)

Discussion in 'Now Playing - TV Show Talk' started by pmyers, Aug 18, 2011.

  1. MikeMar

    MikeMar Go Pats

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    They can probably pay fines and back-rent to get it back, but 99% of the time probably not worth it (I bet they are high fines since it would have to be more than they could auction it for)

    I bet the lock cutting is just done for TV
     
  2. Ment

    Ment Well-Known Member

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    Locked out of the locker. My guess is that facilities don't want to be responsible to monitor what is taken out once the original owner of the contents is notified their contents are being sold to satisfy their arreers. Do they contract out the notification and selling process? I'd want to know if the owners remember they have large amounts of valuables in the locker why they don't come into the auction and bid themselves.
     
  3. pmyers

    pmyers Well-Known Member

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    Well I'm hoping that our resident storange owner chimes in here ;) but I would have a hard time believing that if a renter said "look, I have cash in my unit. Let me grab it and I can pay you" that they would say no.

    But then again I do see the point about not wanting to monitor that if the person takes the money and then doesn't want to pay you and it could get violent.
     
  4. JFriday

    JFriday "Just The Facts"

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    Well one poster here that owns a storage facility said the cutting off the lockers is staged. They have to inventory everything before the auction so the lock is cut off and replaced by one of there own prior to the auction.
     
  5. DanB

    DanB New Member

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    including corpses? (re latest Storage Unlocked) ;)
     
  6. pmyers

    pmyers Well-Known Member

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    I don't remember him saying that....becuase if they did inventory everything then these auctions would be totally different.
     
  7. Hank

    Hank AC•FTW TCF Club

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    I'm sure it's a "pay me first, then I'll open the locker" kind of deal.

    It's all explained pretty well in the other thread. I think they open it up to look for guns, but don't inventory all contents.
     
  8. JFriday

    JFriday "Just The Facts"

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  9. Frylock

    Frylock Well-Known Member

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  10. Einselen

    Einselen ɹǝsn pǝɹǝʇsıƃǝɹ

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    Yuuup!
     
  11. DanB

    DanB New Member

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    I wouldnt think that this would be a good time economically to open an auction house, unless he's just trying to capitalize on Storage Wars popularity.

    I read that Dan Dotson (the Storage Wars auctioneer) is a partner.
     
  12. Fl_Gulfer

    Fl_Gulfer Tivo's R Us

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    Auction Hunters has Ton the big guy in it. I like the show the best out of the 3.
     
  13. Frylock

    Frylock Well-Known Member

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    Storage Hunters I couldn't even get through 5 minutes of. It's just fake fighting.

    Auction Hunters has gotten better because they toned down their egos. They used to come across as so arrogant and such geniuses that I couldn't stand it. Now it's worth checking out.
     
  14. DavidTigerFan

    DavidTigerFan No, not Detroit. TCF Club

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    I agree it's all just for show, but when they start tallying up the totals, I think I need more than them just saying "Hey that's a good table! $300!"
     
  15. kdelande

    kdelande TiVo-Wobble

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    I agree. They can make up anything they want and claim profit. "Hey, this stack of crap cost me $100 -- I can sell it for $1,000,000!". And then they put that up on that silly tally graphic. I know, it's just giving some take on the profit side of this whole deal but it's just silly.
     
  16. ElJay

    ElJay Active Member

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    That's part of my amusement that comes from these shows: Nonsensical proclamations of, "I'll sell that (piece of garbage) for $100 to $200!" Darrell is perhaps the funniest with his, "That's a $40 bill all day long right there." He buys so few units on the show that we don't get to hear it very often.
     
  17. Frylock

    Frylock Well-Known Member

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    American Pickers seems to be the same. The one thing they do that I like is they list what the item sold for if it actually had sold by the time the episode aired. I am surprised that they don't sell more of the items by the time they air, but I suppose they don't air them in the order they actually acquired the items, and being on tv I am sure helps drive up the price.
     
  18. Jayjoans

    Jayjoans Member

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    What often happens, since I'm not an a-hole when it comes to hounding people for their payments, delinquent tenants think that storage fees at my facility are the last bill they have to pay. If a delinquent tenant came to me and said there was cash in the unit and needed access to it to pay me, I'd be hard pressed not to laugh in their face. For one thing, who would believe that they kept their cash in a storage unit rather than a pocket or a bank? Secondly, if you truly have cash in there, then it should be very easy for you to convince a FRIEND OR RELATIVE to give you the money or provide a credit card for you to gain access to it. (Like a 10 minute loan.....) Methinks none of those people in their lives would believe their **** and bull story, and add me to the list.

    Periodically, people will come to me and say they need to sell something in the unit to make the money to pay the rent. Again, I tell them that it would be best for them to borrow the money from a friend or relative to gain access to the item, then pay them back. I'm not a loan company in addition to a storage business. (In certain cases I have allowed a customer to remove an item to sell, but only if I know they are other items of value in the unit and I accompany them to the the space to get the item)
     
  19. Jayjoans

    Jayjoans Member

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    Storage rates are extremely location sensitive. Here in CA, my smallest unit, a 5x5, rents for $50 per month. The largest I offer is a 10x25, for $260 per month. Depending on the location and the demand, I've seen rental rates about 1/5 of those prices for the same sizes.

    In many areas of the US, homes were built with basements and large lots. To my delight, here in CA we have no basements and postage stamp sized lots :up:
     
  20. Jayjoans

    Jayjoans Member

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    They get locked out of the facility by turning off their gate access (if the gate access is computerized), and they get an overlock placed on their unit. This is why there are two lock "holes" on storage doors, one for you and one for me when you don't pay.

    Here in CA I am obligated by code section to provide a general description of the stored goods: (Section 21707)

    "an advertisement of the sale shall be published once a week for two weeks consecutively in a newspaper of general circulation published in the county where the sale is to be held. The advertisement shall include a general description of the goods, the name of the person on whose account they are being stored, and the name and location of the storage facility."

    Clearly this code requires me to do some form of inventory of the unit to comply with the law. Which means I have to remove the tenant's lock to obtain a "general description of the goods". This inventory can be as cursory or detailed as a manager chooses it to be. After I have done that, the lock I put back on is mine. I still have a duty to care for the tenant's belongings while they are stored at my facility, I can't just throw the door up, make a list and walk away.

    I know firsthand that when they show on TV the lock being cut off, they do that purely for drama. If the facility is obeying the LAW, that lock is a management lock. I spoke with a manager of one of the facilities they filmed at and he said the production company purchased a lock from him just so they could cut through it for spark purposes.

    So, I now advertise in the newspaper the person's name, a description of the stuff and the address of the facility.

    On more sticking point, the code says "The sale shall be conducted in a commercially reasonable manner." If I have a unit full of high end restaurant equipment worth $10,000, and the tenant owes me $500, is it "commercially reasonable" for me to put a tiny ad in a small newspaper with the description of "kitchen items"? Probably not. If the auction is held and the high bid is $100 for all of that equipment, then the tenant can sue me and say that the auction was not commercially reasonable, I should have contacted restaurants and those people involved in that industry that would have known what the value of the items were. They can claim to the judge that although he owed $500 on the storage unit, the auction should have brought in at least 50% of the value of the items, so he's due the $4500 difference.

    It's happened, and now due to Storage Wars, the judges are more inclined to think that units are full of treasures rather than the junk that they really are. On the other hand, people are paying WAY more than they ever have for crappy, trash filled units.
     

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