I'm Into buying Storage Units, and yes I've found some crazy stuff!

in #introduceyourself8 years ago (edited)

Hello World.

My name is Joe and my passion / hobby is buying abandoned storage units that were left behind by their previous owners. There are times when storage units contain items that belong to people who can no longer pay the rental fee, when this happens they go up for auction.

Despite what you might see on various popularized TV shows, it's not all that profitable and is a very risky investment.

However, you can find many interesting items and learn about the previous owners life. I think that the story behind each sold storage unit is much more valuable than the actual potential profit.

The Most Expensive Items I Found

The most expensive items that I have ever found were in a unit that I acquired for $350 USD.

Inside that locker was an imported Brazilian wood slate pool table, several large persian area rugs, and rare vintage clothing from Perry Ellis that were original unreleased designs. When all was sold, total profit was around $7k USD.

As it turns out, the person who owned the locker was not from the United States, and they paid the storage unit off for a number of years and then went back to their home country. While in the states, they lived a high-end fashionable lifestyle with lots of friends - as indicated by the photos recovered in the unit.

What Happens To Photos and Personal Items?

When you find personal items such as photos, documents, ashes (oh yes, I'll get into that), or anything of purely sentimental value, you are supposed to leave it in the unit and the facility will try their best to get it to the original owner. I make sure that I do this every time.

Sometimes people just throw it all into a truck, and then take the valuables and discard the rest at the nearest dump.


How rude...

So let's talk about those ashes.

I bought a 20x20 packed unit for $1200 USD. As I went through the items, it became apparent that it was just packed with junk. It's hard to tell sometimes, because all of the 'good stuff' is always in the back. What you see in the front is not always what you get, but in this case it was all junk. So a total loss for me.

As I was going through some boxes I found two heavy plastic boxes, that seemed to not have any opening and no labeling - yet I could hear that something was inside.

I pulled it close to my face and smelled it - no scent.
I shook it some more - shake shake shake went the contents... like sand but more.
I raised the box high above my head, preparing to smash it to the ground... and then...

I saw it...

There was a tiny label on one of the sides I had missed. The label had a name, a date, and a business name on it.

It was the name of a local crematorium.

That sent a shiver down my spine. Could you imagine the disastrous human dust cloud that would have blow up in my face had I smashed the box.



Not to mention the instant negative karma that probably comes your way from throwing the dead.

I immediately took both boxes into the front office and explained the contents, they looked horrified but they did their due diligence and fund the rightful owner.



The boxes resembled this box, but completely sealed.

The people in the two boxes were related men who both died in motorcycle accidents two years apart. From the contents in the locker it appears they were motorcycle enthusiasts (Harley Davidson mass produced Items), and their items were placed in storage for a number of years until they were no longer paid for.

It's all a bit depressing

Yes my friends, most lockers are abandoned due to death or financial ruin. It's the sad truth of it all, but it teaches you an extremely valuable lesson; when you die you can't take it with you and nothing lasts forever, so enjoy life to the fullest while you have the ability to do so!

This is what happens with your stuff when you go... it gets forgotten, resold, lost, and misplaced. It's all here now

Yes, even your secret porn suitcase that you have full of dirty magazines and dildos.



Friends helping me go through cases.

Storage Units and Steemit

I came across this site recently because some model was begging people to go to her Steemit, and it popped up on my social feed as a retweet. I thought my storage adventures might be a little more interesting that the latest bikini photo, so here I am giving it a shot.

That post reminded me of the early days of MySpace, how there were many 'models' that wanted exposure and slowly it became a social revolution.

It looks like Steemit is that kind of portal; a social revolution.

I've seen some very interesting stories and people here. What a great community.

I would like to post respectful stories about the items I find and some of the stories behind them. I think that the Stemmit community might find that interesting.

I'm totally new to this, so please let me know if you would be interested in seeing something like this. If so, don't forget to follow me and I will do my best to share interesting stories of my modern day treasure hunting finds!













Sort:  

Cool story, Im a dealer of the weird and wonderful . Its great to come across that really hardcore item that just oozes energy.
One of my finds... 1900s birthing table :/

Cheers mick

Cool story! I did storage auctions for many years and it was totally fun. A lot of work, but fun to find cool, weird and unusual things you could flip for quick cash. My best find was some first edition books about Abraham Lincoln and Ulysses Grant. Those sold for $2,200 on eBay. You can see some of my storage auction finds here: https://www.youtube.com/user/StorageAuctionMoney

Nice dave! Those are great finds. I just subbed to your channel, I will be spending the evening with your videos!

Thank you for a fascinating read! Am looking forward to the next instalment! :D

I was in this business for a quick second...until tv shows came out about it and ruined the business for me. I once found a grenade and a rocket launcher in the same unit! Both decommissioned, thankfully.

I've always wondered how profitable buying storage units would be. Looking forward to reading about your adventures.

It can be profitable (I know a couple of people who do it all the time), but I don't like dealing with junk. So, I don't do it.

Thank you, I appreciate that. I will make sure I share the future failures as well as the successes. Thanks for the follow!

I bought the contents of a storage unit (2 pallets of books) and made a boatload of money on those (paid $150 and made a over $4,000 dollars). But that's my only story about making money from forgotten storage units :)

I'm sure you'll have some fun stories to share! Let's hear them :)

Wow, that's fantastic. Did it take a lot of time to sell the contents of the storage unit?

The majority of the books sold in the first 3 months (I sold the books through Amazon)--I think I used to sell 15-20 books on average. And then continued to sell several per month over the course of a few more months.

Do you sell some of the content you find on Amazon or eBay?

Nice. I know how much patience that takes. I mainly sell small-box high-ticket items through eBay. I tried clothes on eBay and it was too much trouble, so I send all of that stuff to a friend who does flea markets and we split the profits 40/60.

I really do not like dealing with storage units because there is a lot of junk in some of them (and I tend to be a hoarder; and my garage is super full already), but if I found someone around me who was willing to buy any books they find, that would be helpful :)

Good luck in everything!

Btw, I'm going to share tomorrow my story of how I went from $250 to 6-figures on Amazon. As you seem an entrepreneurial person, who seems to have fun doing what you do, I wonder if that's something you might be interested in. I'll try to send you a link and get your feedback on it.

haha some very interesting finds. Would be an awesome job

Congratulations @storageunits! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 3 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Hello, A great post. I love hearing stories like yours. In the UK we have car boot (trunk) sales, I have picked up some real bargain musical instruments and toys that I have made good money on. keep it up!