He buys 60 storage units a year
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- เผยแพร่เมื่อ 22 ส.ค. 2024
- How you can benefit from other resellers in the business. Visit my shop Trading Post in Crystal Lake IL.
my email: deepinthecity7@gmail.com
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Craigslist Hunter
7100 Teckler Blvd
Crystal Lake IL 60014
Let me save all of you some time - stay away from buying units unless you want a sore back and a warehouse full of absolute crap you can't get rid of. You can make money doing it but you had better love selling at the flea market or have a way to move the TONS of junk you will accumulate. I did it for 2 years full-time. Less than 10% of the stuff you buy will be appropriate to sell on ebay (really only around 5%) - practically nothing is appropriate for Amazon because of the condition of the items (even new in the box will be blemished or boxes will be crushed) - the rest is craigslist or yard sales and you need A LOT of space to store everything. Then you have to deal with the trash - which often almost half the units are nothing but un-sellable, broken trash. I have never worked so physically hard in my life. It was harder than when I worked construction - especially if you don't have a partner to help with moving the big items. God forbid you find a piano in the back (happened to me twice - and neither was in sellable condition.) My back is permanently damaged because of all the repetitive and heavy lifting. I too had a thrift store and that's it's own set of problems because you need to hire employees to run that while you are buying, moving and sorting and all that costs money.
Also - it's a 7 day a week job. When you buy a unit it has to be cleaned out in 1-2 days usually - no exceptions unless you want to pay to rent the unit for a month - and I've had to load plenty of units in the dark on weekends after working all day at the thrift store. Then you need transportation - usually a box truck or a big covered trailer to move stuff - and you might need to move it from an hour or two away from you and keep it dry and safe when you get back - unless you want to unload it right then. I'm making about as much money just picking and selling on ebay as I was buying units with none of the headaches or labor. It's fun and the bidding wars are very exciting but, for me, it wasn't worth it. If you have enough capital to start off right away with a big space and hire several employees and run it as more of a manager then go for it, but if you're over 35 - I wouldn't recommend it other than as a side hustle.
occasional storage units are fine. but it's definitely not an ebay business. you have to sell all that stuff local.
you are correct, most storage stuff is all junks.
You have to wonder why peoole pay to store loads of garbage. I keep my garbage where I live and I need to get rid of it lmao
Thank you for taking the time to write such an informative post. I always thought it looked like more work than it was worth. I'm guessing units were also a lot cheaper before fake reality shows like Storage Wars existed, where about one out of five units is worth a small fortune.
@@ZefTillDeath8878 I've heard plenty of stories from old timers about all the $5 units that profited them thousands of dollars back in the 80's and 90's. Yes - the TV shows really screwed it up. Most people only buy a few units before they quit but there is a steady supply of newbies that think they are going to make a killing on every unit and they keep the prices jacked up. It's an adventure everyone should try once.
Thank you for this video. The timing was perfect to apply to my life this truth of selling to other resellers as a good business model. I sold a painted bench for almost half what I could have, but I still made four times my money. Needed the bench out of my vintage booth to have space to reorganize.
Pete you really share some good knowledge and ask the right questions for your audience. Keep up the hard work.
That magic box wasn't missing anything on top, when you open it that latches the top so it doesn't fall
Thats what i was saying, like its for the lid!
And the right buyer would pay decent money for a classic magic piece like that.
So cool to see more of the store. Long time watcher and first time I’ve seen your store inventory
I think you just gave me my new business model...buying in bulk that big would be enough for online and a store, great video!!! bring him on again
Tail of the dragon is in the Smokey Mountains in Tennessee. My husband and son trailered their motorcycles there over the summer. Very treacherous. Alot of people have died on that road. Loved the video.
Deals Gap is a popular and internationally famous destination for motorcycle and sports car enthusiasts, as it is located along a stretch of two-lane road known since 1981 as "The Dragon" or the "Tail of the Dragon".The 11-mile stretch of the Dragon in Tennessee is said to have 318 curves. Some of the Dragon's sharpest curves have names like Copperhead Corner, Hog Pen Bend, Wheelie Hell, Shade Tree Corner, Mud Corner, Sunset Corner, Gravity Cavity, Beginner's End, and Brake or Bust Bend. The road earned its name from its curves being said to resemble a dragon's tail. The stretch bears the street name "Tapoco Road" in North Carolina and "Calderwood Highway" in Tennessee and is signed entirely by US 129. To those coming from the North Carolina side, the Dragon begins at Fugitive Bridge with a view of the Cheoah Dam where Harrison Ford jumped in the movie The Fugitive.
What's going on? Oh not much.... walks into storage unit full to the ceiling. Lol
Luv the parrot and kitty
Love ya Pete!!!! Love Vicky a big time!!!!
Good stuff Pete. Love watching the videos. I am in the south burbs. I am gonna make it up to see your shop soon.
Love the parrot Pete, also like your business model. I am doing the research currently to start my own business model. Thank you for your insight.
Johns business model sounds almost identical to mine. Really cool to see!
haha yes it is. It's so funny as I do the same thing but at a smaller scale. I do storage units and liquidation pallets and storage units can be boring if you don't have someone with you or if you can't make a live video lmao I appreciate all of yall's hustle tho.
IT'S RESALE!!!
We just started buying storage units (my father and I). It is exciting, to say the least. We get a lot of trash, but we have a strategy and a large barn to house the trash until bulk garbage pick up. So far, I have doubled and tripled my investment AFTER accounting for our time, fuel, etc. We plan to continue buying until it doesn't make sense anymore. We have one commercial storefront space to operate my eBay store and the fiance's alterations and apparel design studio out of. Anything not worthy of online gets consigned to the church thrift store here in town.
Lots of fun I have being a reseller full time. Would rather do this than building houses like i used too!
Tail of the dragon is a road people drive miles to drive on.. its totally public and free, its awesome for track cars
Buy those masters of the universe figures if they’re in good shape and complete!
Adrian and Vic are awesome, you really are blessed to have such devoted and lovely members included in your journey - getting a little worried about your growing stomach, perhaps putting a stationary bike behind the counter to hop on when you get the chance will help, plus be particular about your 'snacks', please - you are a great guy, take care of your beautiful 'temple'...:)
Maybe this is from quit smoking? You are right. Belly fat is very dangerous to have. I have some too. Always working on it.
Get the impression he picks out rich neighbourhoods. Only way probably to make money with lockers.
I always enjoy your videos.
Nice one on the camera! Technically a SLT camera because of the fixed mirror:)
Trail of the dragon is a stretch of road in Tennessee that's popular cause there are so many curves it's a challenge for bikers and drivers in general to complete it. From the air it looks like a dragon. It is a very dangerous stretch of road. There are a lot of accidents that occurs here every year.
tell your friend to send me all those books!!! if i lived close i'd take them all.
How do you find an affordable warehouse space? How do you know you are getting a good lease?
Tail of the dragon is a popular road for motorcyclists, often a bucket list ride.
I seen some R/C car tires and rims....looked like Traxxas Tmax rims. I love seeing stuff from the hobby I been in for over 30 years
Big fan of yours ! I'm barley starting "seriously" to ebay after many years of just selling 5 items a year if that lol.
I love this channel.
That is the mother of all death piles.
haha, Adrian is very effective!
Saw that ebay update on my phone and couple months ago..then it went away. Now it's back..hate it.
Interesting vid, Pete! Love the vlogs.
Milo 😺 I didn't know they had 2 cats ?
I bought 12 one year man it's a lot of work .
Hi to gorgeous Vicky, Milo, Ruby and off course you Pete. Enjoyed video too. Australia
I like to speak to Milo and Ruby Telepathically.
That’s a $400 camera all day long on Amazon with current 17,000 ranking what a steal.
I need someone like this in Brisbane - I would have a field day
u just give me a good idea how to make money on e bay
Just seen in a somebody won a storage locker with 7.2 million dollars in a safe after the lawsuit they gave back 6.8 million
Nice when ya go back take all them bikes put them in your store respect ✊ g unit boss
Pete bit of a long shot but when you swing the camera at 9:47 in the crate, there is a super Nintendo mario game it's called super Mario RPG! It's worth around 30-40 bucks or so, if you could ship it to the UK! I would very much like to buy it
For a moment i thought he was Freddy Roach lol
I agree on the update view of active listings on the ebay app.....not good.
This is a great warehouse!
Now he has one big storage unit yikes
Definitely made me feel better about my over stock in inventory (death piles)!!! Lol
@@MakingEndsMeet_JudysStopNShop haha same here
@@MakingEndsMeet_JudysStopNShop Death pile what's that LOL JK
Death piles are great. Now I can just list from home all Winter until Spring/garage sale season starts again.
Very nice store.
Why the thumbs down? What's wrong with people?
60 storage units a year is a lot? Thats 5 units a month. I regularly deal with storage unit buyers who do that in a day, let alone a week. And they don't even utilize a warehouse this size, that actually costs significant money out here.
This storage unit buyer is more of a hoarder than an actual reseller.
I sold dewalt radio same you have on ebay, it was quick sale if you have it for long time in your shop.
peter looks like kid in choclate factory or in heaven
Snow on your way from Minney!
You're great, Pete! Gentle correction - "buys" - no need for an apostrophe in a plural. (I'll blame your phone's autocorrect, though :))
Best sports logo ever
Tail of the dragon is a motorcycle route
And that 4 tier clear candy stand
The dragon is a road that many motorcycle riders love to ride here in East Tennessee. They love it because of the curves and switchbacks.
Yeah, very popular destination for bikers in my part of SC. I enjoy driving it with 4 wheels under me.. :-)
Yeah, it crosses the tn/NC state line at Deals Gap.
U should open a shop in England are shop are crap.love some of the thing u get
Tail of the dragon is in tenn and bike riders go down it its a high way a ton of folks wreck every year alot of street bike guys harley guys love it
This guy hates Queen? Don't trust him Pete! :-D
I want to buy that magic box
Tail of the Dragon is a famous road in the Smoky Mountains.
I'm still stuck with the new shipping page. Don't like it so I still use the classic option. #jeffbeemanonline
Garbage my nightmare
can you do a video where you do a tour of all the stores aisles
Tail of the Dragon Is Road with lots of Curves.
Tail of the Dragon is a cool road
thanks man i am from morocco we have a lot if used stuff i am thinking of selling them on ebay
Nice
i wanted to see the Masters of the universe haul
I don’t get it, you looked up that sony right in front of him and he still tried selling it to you. Why did he not just sell it himself on ebay if he’s hearing the resale value?
He needs a better location to move that kind of volume.
Heman masters of the universe is some good shit
The app is definitely worse now! More work-everything harder to find and see.
Sony a58 seemed interesting!
It goes back to classic with FEDEX.
Nice find!
not all are like that. enjoy the hunt??????
He hates Queen and he’s a Blackhawks fan! Let’s Go SHARKS we will Rock You!
Looks a lot like my warehouse lol
whats up rabbit
One comment was enough, Rabbit. We get it. Comment multiple times on other channels to promote yours, right?
@@graydtx Should give you a hint where his focus is. Obviously not actual reselling.
Is there anyone without a Blackhawk jersey where you live?
Fantastic Mr. Pete! Thanks for sharing.
Really good for motorcycle tail of dragon
I'll just continue making about $500K per year developing software from my home office.
Why even watch this then?
I have the gopro voice cammand off on my for a reason
howmuch for " get your shine on " decal?
You left the Texaco trucks?
Sound is out of sync
I like your videos a lot but, please don't refer to storage units as storage lockers! It isn't just wrong it sounds illiterate. Please!
What kind of Gopro do you use sir ?
I just voted for the second amd .
You find something like that in a safe keep your mouth shut!
👋
Wow
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First