It's a fact that people all over are willing to sell anything and everything... You just have to be in the right place at the right time... Y'all ignore the haters and keep doing what you do ! Thanks for the entertainment !
Wow I would contact furniture stores near the area and flip everything for 25 percent of the prices they have. They would be getting a major deal and if there is 2.4 million in stuff that means u would get 25 percent of that which is over 500k. Just have them come in there trucks to pick everything up and get it gone within a month. It can be done and you would have at least 400k profit in your pocket. That’s crazy! Major potential here!
I just purchased a $100,000 in easily sellable mercy last month here in Florida for 15k because the original owner of the business passed and his kids didn’t want to deal with moving anything,deals are out there and it helps if your friends know you buy and sell!Nice score for you r friends I would have bought it to if I were you lol
Make consignment deals with a bunch of furniture stores. That would be a win for the buyer of this lot and the consigning store.If the stores had their own trucks that would eliminate a large transportation cost also.
WOW. If this is the same place in thinking it is the furniture quality is awesome. I can't believe that the owners went out of business and left all that stuff there. I wonder what the story is how that happened. I know this place. I think it was off of 57th Street or 37th street or something. Huge warehouse. And they only had like 5 people working the office and about 5 people working the warehouse. Their furniture was off awesome waking and Everytime I went there to do some work for them as a vendor I used to look at the furniture in awe thinking how much I'd love if I could afford to furnish my whole place with those units. But if they're in for 110k to buy and move everything, and let's say another 150k for a 30k a month rental for five months, that's still under 300k. Throw in another 200k for misc costs like labor and overhead to manage the stuff. 500k. Sell it at 50 percent of and you still have well over 700k in your pocket and that's being very very very conservative. Because you don't have to 50 percent it to move it. That's just too move it fast since you're not in the furniture business. Your in the flipping business. What's funny that people don't understand is you don't have to sell it piece by piece. You find yourself a furniture wholesaler and sell them a mill worth of furniture for 600k. That's only 40 percent and they'll do it because they have the logistical power of handling it and sitting on it. Find yourself a few wholesalers and they'll take everything including those forklifts. He'll you might even get lucky and find a seller that's big enough to handle that kind of lost and let's say he gives you 1 Mill for everything as it sits and he takes on the moving and storage and reselling of everything. That's 950 in your pocket without ever having to move a single piece. Hell you can probably take furniture from there to furnish your entire place and still make 950k in your pocket. Anyone that says it's not possible I'd just lazy and find excuses because they don't want to go and work. It is possible. I've gone to auctions and night stuff that I knew nothing about, but I knew it was something that someone would want and roughly how much it goes for. It just takes patience and money to make money. Sometimes you make more sometimes you make less. But if you do it right. You'll never lose.
Andrew Edwards it was bought off of an Auction..anything can happen at an Auction, it must’ve been more people betting on this Warehouse otherwise he could’ve got it for much less...
wow major score, can be a life changer to lead into only buying huge lots that only a small % of liquidators can do, they moved up multiple levels once it sold
I would probably call this "furniture" more trendy in nature; or for a certain type of client (probably someone with no style).. meaning I think you should definitely flip it quick and I mean quick..
He siad that this furniture was widly advertised and yet all the could make was 50grand for 2.4mil worth of merchantise? simply because it would be a logistigal nightmare trying to store, sell and move all that furniture with out the structure in place to do so.
Well, I was going to mention the chemical compliance but then the camera zoomed in on the compliance sticker, lol. Great score!!! Looks like a LOT of work, but hard work makes us stronger and does pay off. People can complain about something being "a lot of work" or a "headache" but sorry folks everything in life can't and won't be easy for everyone.
Great deal, but id be scared as a buyer that some of the furniture left was out of style. Saw some curly design couches that look like late 90s early 2000's.
It is very true deals like this do happen I have personally bought $250k worth of brand new inventory for $5000 came out of a large store that had a small fire in there paint room so to all you doubters keep doubting and leave the deals to us
Not a doubter, see my post in here. It's just ....... The devil is in the details. Hope those guys did well on the re-sale and that they weren't kicked out of that storage warehouse. It's three years later, how'd they do? Anyone really know?
Property/warehouses full.end of the day you got to have capable/funds (money)most people live day to day and spend last week pay before they get it.i am just happy having a roof over my head.
how do you get into a business like this. its really cool and such a random thing to decide to do but it looks like a lot of fun if you are as passionate as you
What a score Renee and Casey! When you buy units like this do you have to pay sales tax? When they auctioned this unit was it the unit size or how did they auctioned it off, storage unit or warehouse? When you sell this furniture do you have a sale or do you use your own store? Renee lose some weight Casey is a nice girl give her a nice looking guy? Congratulations guys.
There's an old saying: The devil's in the details. Meaning that there's a catch to everything. This can and should be profitable for the buyers but you've got to move 2,000 couch sets (as the included example) and that won't be easy. Now you're suddenly running a shipping company. Some stuff isn't boxed so it will have to be boxed to ship it. Plus, I'm guessing that they two guys don't own that warehouse and they'll have to be out of there at some point. Then where does all that stuff go. They'll need years to sell all that. So it's very easy to say $2.4 million worth of furniture for $49,000 but they aren't clearing near that much in this disparity. It will cost them money/time to make their profit. Acknowledging this doesn't make one a "hater" or "non-believer", it's just that as I said at the start.....The devil is in the details. Good luck to those two men who took this on. In fact, it's almost three years later....I wonder how they did on this venture? If they put in the sweat and moved a lot of that inventory, then maybe they pulled down $500,000 or more. That still makes this a pretty nice little score. Anyone know how this ended up for them?
It could definitely happen. You have to remember that furniture is heavy and takes up alto of space. You would need a warehouse to store all the furniture. They would have to sell it locally, to heavy to ship out.
You are defiantly right, If people dont think deals exist then they are in a different world, As a reseller/estate buyer i have ran into deals so large people dont believe it, I just purchased a CAT Accugrade GPS System the other day thats a 2018 model for less then $500 and it will sell for close to $25K, These deals are all over the place you just need to get out there and make moves and work, Making contacts and meeting those that are working as hard as you are is the most important thing, Real hustlers find deals because we are out working 24-7;
at 1500$/item, (and it's not because you have pillows, lamps, chairs, etc..) you'll need 1600 items!!! And it may be the RETAIL value, it'll never be the sell value
I think they moved over 70% to wholesalers and made over 150k so far and didn't pay any extra rent , the rest is in a warehouse in San Diego and will come up for Auction soon again by the piece !
So how do You get rid of all this without racking up a fortune in storage and transport fees? Im guessing you could try to dump it at 10 cents on the dollar and quadruple your money. Maybe keep the forklifts and try to get top dollar for them. I think if you try to maximize the money, it will cost you more money in the long run.
Called every dealer in the aread and wholesales for 10 cents on the dollar and ran a quick proxibid Auction aaapublicauction.proxibid.com/asp/Catalog.asp?aid=139644
Dilly Dilly! I bought a 7 dollar item the nay sayers laughed and I will make $150+. I will do that all day long. I have a store, but not 2.4 Mil of living room sets.. Probably cost 50 thou just to ship it there.
I've seen the auction video but still in my opinion there is more to this than we are being told. No one will allow stock worth $2.4 million to be auction off at no reserve and no way would they let it go for as little as $49k. That stock would be used to pay of any debts, to creditors, landlord so the only way $2.4 million of stock can be left is if there was way more stock that was sold to pay off any debts owed and what we see is what's lefts over. I need to know the back story of the company involved before i can take this auction/sale seriously.
Don't know what to tell you , just don't take it seriously I guess , Its probably not possible ,. better to go work for the man and get that check every 2 weeks !
2k Couch sets. All new. Sell them for super cheap at $100 and you'll quadruple your investment. Not including the forklift and everything else that comes with it. Easy money
Well the only problem I see is in order to make 2.4 million you gotta sell it!! Cheap Chinese furniture! And you gotta find a place to store it! I think that's bullshit! Even if it was a collection sale! Never would have sold 2.4 million for 50,000!
that's pretty wild, but why do even respond to the fools and haters, don't give them a platform,it only encourages the stupid and pathetic, haters hate because they are losers and want everyone else to fail, don't even mention them again!
Renee , Dave Hester has nothing on you. His big mouth is annoying I'm sure your sick of it? This is an amazing find, Casey put him on a program where he has to lose weight. Anyone I'm sure you told him many times. Renee your lucky to have a wife's that pretty.she must love every ounce of you. Keep up the good work, Gary
It's a fact that people all over are willing to sell anything and everything... You just have to be in the right place at the right time... Y'all ignore the haters and keep doing what you do ! Thanks for the entertainment !
jfoster1515 q
Thanks for posting Bargainhuntersthrift. I would have immediately contacted Nebraska Furniture Mart or Biglots to try and quick sale it.
I really liked the black chair and ottoman. This seems like nice stuff.
Yeah they did well
Wow, you guys have a great work ethic!
Pride and strength!!
Thanks for vid you two
Great Score !! All hail the king of Auctions may he forever reign
LOL thanks , but my friends bought it !
Wow I would contact furniture stores near the area and flip everything for 25 percent of the prices they have. They would be getting a major deal and if there is 2.4 million in stuff that means u would get 25 percent of that which is over 500k. Just have them come in there trucks to pick everything up and get it gone within a month. It can be done and you would have at least 400k profit in your pocket. That’s crazy! Major potential here!
I just purchased a $100,000 in easily sellable mercy last month here in Florida for 15k because the original owner of the business passed and his kids didn’t want to deal with moving anything,deals are out there and it helps if your friends know you buy and sell!Nice score for you r friends I would have bought it to if I were you lol
more casey,less rene!
Yes that's what we need
I am so glad that this happened to you! I hope you can get into it to!!!
Awesome stuff guys
That's a instant furniture store! I want the forklift hahaha
Incredible!
Right place. Right time. Great deal
Make consignment deals with a bunch of furniture stores. That would be a win for the buyer of this lot and the consigning store.If the stores had their own trucks that would eliminate a large transportation cost also.
Rene your channel is awesome
Thank you !!!!
2 cool thx for showing
Keep up the good work..and tell Mary i said Hello....
WOW. If this is the same place in thinking it is the furniture quality is awesome. I can't believe that the owners went out of business and left all that stuff there. I wonder what the story is how that happened. I know this place. I think it was off of 57th Street or 37th street or something. Huge warehouse. And they only had like 5 people working the office and about 5 people working the warehouse. Their furniture was off awesome waking and Everytime I went there to do some work for them as a vendor I used to look at the furniture in awe thinking how much I'd love if I could afford to furnish my whole place with those units. But if they're in for 110k to buy and move everything, and let's say another 150k for a 30k a month rental for five months, that's still under 300k. Throw in another 200k for misc costs like labor and overhead to manage the stuff. 500k. Sell it at 50 percent of and you still have well over 700k in your pocket and that's being very very very conservative. Because you don't have to 50 percent it to move it. That's just too move it fast since you're not in the furniture business. Your in the flipping business. What's funny that people don't understand is you don't have to sell it piece by piece. You find yourself a furniture wholesaler and sell them a mill worth of furniture for 600k. That's only 40 percent and they'll do it because they have the logistical power of handling it and sitting on it. Find yourself a few wholesalers and they'll take everything including those forklifts. He'll you might even get lucky and find a seller that's big enough to handle that kind of lost and let's say he gives you 1 Mill for everything as it sits and he takes on the moving and storage and reselling of everything. That's 950 in your pocket without ever having to move a single piece. Hell you can probably take furniture from there to furnish your entire place and still make 950k in your pocket. Anyone that says it's not possible I'd just lazy and find excuses because they don't want to go and work. It is possible. I've gone to auctions and night stuff that I knew nothing about, but I knew it was something that someone would want and roughly how much it goes for. It just takes patience and money to make money. Sometimes you make more sometimes you make less. But if you do it right. You'll never lose.
so why does someone give away 2.4 million for $50 grand because they can't move it ! it's crap .
Andrew Edwards it was bought off of an Auction..anything can happen at an Auction, it must’ve been more people betting on this Warehouse otherwise he could’ve got it for much less...
Incroyable...Bien joué 👍
wow major score, can be a life changer to lead into only buying huge lots that only a small % of liquidators can do, they moved up multiple levels once it sold
Congratulations 😎
Bro, I want to do what you do. Awesome stuff
Great job Bobby
Thumbnail: who wants to make money?
Me: I REEEEAAAALLLY WANT TO!
How do u move the product is my question, especially it being furniture? Thats ahard market that doesnt sell itself
They can open up a furniture store, this would be great just the amount of furniture and look like super good quality and look s like modern style
Major Fire In Warehouse Destroys $2m of Furniture. Luckily insurance has covered it !
LOL
Better have a warehouse to store this stuff!
Hey Renee great works
Hey, thanks
so where do you store it once your month is up? $4 psf, 90K sf, thats like 360k in rent per year or 30 k a month
crazy deal, but lots of hard work and money to move all that stuff so it can sell.
Yes crazy amount of work for 3 weeks
I would probably call this "furniture" more trendy in nature; or for a certain type of client (probably someone with no style).. meaning I think you should definitely flip it quick and I mean quick..
they already made their monies but early bird catches the worm in any business. Congrats guys (Y).
I believe you will make yours too, Good Luck..!
He siad that this furniture was widly advertised and yet all the could make was 50grand for 2.4mil worth of merchantise? simply because it would be a logistigal nightmare trying to store, sell and move all that furniture with out the structure in place to do so.
My dear rene i
Thanks you for the support !!!!
Yes I believe it not everybody has got 50g to spend and the time and the trucks and the space to store it!!!!!!!!!!!!
yes I agree , You have to work your way up just like anything in life ,
You guys should have an online site for people to buy items. You’d make a killing.
We sell like crazy at our store , but this year more stuff will go on ebay !
Well, I was going to mention the chemical compliance but then the camera zoomed in on the compliance sticker, lol. Great score!!! Looks like a LOT of work, but hard work makes us stronger and does pay off. People can complain about something being "a lot of work" or a "headache" but sorry folks everything in life can't and won't be easy for everyone.
How long did you have to get it out of the warehouse? I imagine they wanted to get the crap out of thee ASAP if they are selling it so low.
Great deal, but id be scared as a buyer that some of the furniture left was out of style. Saw some curly design couches that look like late 90s early 2000's.
It is very true deals like this do happen I have personally bought $250k worth of brand new inventory for $5000 came out of a large store that had a small fire in there paint room so to all you doubters keep doubting and leave the deals to us
Its out there if you work hard and look for it .
Not a doubter, see my post in here. It's just ....... The devil is in the details. Hope those guys did well on the re-sale and that they weren't kicked out of that storage warehouse. It's three years later, how'd they do? Anyone really know?
Property/warehouses full.end of the day you got to have capable/funds (money)most people live day to day and spend last week pay before they get it.i am just happy having a roof over my head.
Sounds like Phoenix Furniture Store | The Dump Luxe Furniture Outlet "THE DUMP" in AZ cashed in on this deal
Phoenix is a dump. No offense.
i think you just like to say 2.4 Million Dollars! :)
LOL maybe
Actually he said $49,000 dollars probably about 25 times.
HalfDolla' MakeYouHolla' ......wait how much?
how do you get into a business like this. its really cool and such a random thing to decide to do but it looks like a lot of fun if you are as passionate as you
Work hard and just do it !!!
It’s impossible for someone who buys units on the tv show storage wars where every single episode they always find 1 item that’s valuable!
What a score Renee and Casey! When you buy units like this do you have to pay sales tax? When they auctioned this unit was it the unit size or how did they auctioned it off, storage unit or warehouse? When you sell this furniture do you have a sale or do you use your own store? Renee lose some weight Casey is a nice girl give her a nice looking guy? Congratulations guys.
Where are you going to store it all? Was the warehouse included?
Mugg Mehlmann Did you even listen to the video or read the description? He says all throughout the video his friends bought it, not him.
There's an old saying: The devil's in the details. Meaning that there's a catch to everything. This can and should be profitable for the buyers but you've got to move 2,000 couch sets (as the included example) and that won't be easy. Now you're suddenly running a shipping company. Some stuff isn't boxed so it will have to be boxed to ship it. Plus, I'm guessing that they two guys don't own that warehouse and they'll have to be out of there at some point. Then where does all that stuff go. They'll need years to sell all that. So it's very easy to say $2.4 million worth of furniture for $49,000 but they aren't clearing near that much in this disparity. It will cost them money/time to make their profit.
Acknowledging this doesn't make one a "hater" or "non-believer", it's just that as I said at the start.....The devil is in the details. Good luck to those two men who took this on. In fact, it's almost three years later....I wonder how they did on this venture? If they put in the sweat and moved a lot of that inventory, then maybe they pulled down $500,000 or more. That still makes this a pretty nice little score. Anyone know how this ended up for them?
they made a lot of money on the deal
I would have to say it’s probably stuff that couldn’t sale. Because it’s not good looking furniture.
Any mattresses??
The “UDDER” Guy made out on this one.
It could definitely happen. You have to remember that furniture is heavy and takes up alto of space. You would need a warehouse to store all the furniture. They would have to sell it locally, to heavy to ship out.
How much you pay rent 4 this big warehouse. Bro?
they should sell couch sets for like 350.00 to 500.00
This guys voice is hilarious
OMG so 👍
Wow
I love Casey 😍😍😍😍😍
Rene I have a question who is your least favorite cast member of storage wars?
How much is the rent of that place per month?
Its like 37000 . but they have 4 weeks to clean and sell what they want and can leave the rest behind
Call him what you want BUT don't call him late for DINNER
You are defiantly right, If people dont think deals exist then they are in a different world, As a reseller/estate buyer i have ran into deals so large people dont believe it, I just purchased a CAT Accugrade GPS System the other day thats a 2018 model for less then $500 and it will sell for close to $25K, These deals are all over the place you just need to get out there and make moves and work, Making contacts and meeting those that are working as hard as you are is the most important thing, Real hustlers find deals because we are out working 24-7;
Reseller Rockefeller true that
at 1500$/item, (and it's not because you have pillows, lamps, chairs, etc..) you'll need 1600 items!!! And it may be the RETAIL value, it'll never be the sell value
I think they moved over 70% to wholesalers and made over 150k so far and didn't pay any extra rent , the rest is in a warehouse in San Diego and will come up for Auction soon again by the piece !
Give your friends a high five for me.
Move the camera slower you are blurring what you're showing us and making us dizzy. Love your utube channel. Thanks
south coast auction bought that stuff dave hester brother was bidding
They were the back up bidders , but the. Ended up buying 3 semi truckloads from the winning bidders
How much worth of furniture??
Okay I get it I get it 49000 when can we buy some of this stuff?
2000 x 100 = 200,000 and for those who dont think quick??? are you included in that statement?
djyul you mean $20,000 lol
He always over. Prices stuff don't know how he stays in business
I bet you are not in business !!!!!!!!!!! Some of us talk about other people in business and some of JUST ARE IN BUSINESS !!!
So how do You get rid of all this without racking up a fortune in storage and transport fees? Im guessing you could try to dump it at 10 cents on the dollar and quadruple your money. Maybe keep the forklifts and try to get top dollar for them. I think if you try to maximize the money, it will cost you more money in the long run.
mgoblue8687 The quick dump would be smart and get better $$$ for the forks like you said...
It's called turn & burn!
Called every dealer in the aread and wholesales for 10 cents on the dollar and ran a quick proxibid Auction aaapublicauction.proxibid.com/asp/Catalog.asp?aid=139644
Dilly Dilly! I bought a 7 dollar item the nay sayers laughed and I will make $150+. I will do that all day long. I have a store, but not 2.4 Mil of living room sets.. Probably cost 50 thou just to ship it there.
Family business since 2000
Darryl? Is that you?
You're the one that needs to behind that camera bro lol
I'll take that into consideration nigahiga
I've seen the auction video but still in my opinion there is more to this than we are being told. No one will allow stock worth $2.4 million to be auction off at no reserve and no way would they let it go for as little as $49k. That stock would be used to pay of any debts, to creditors, landlord so the only way $2.4 million of stock can be left is if there was way more stock that was sold to pay off any debts owed and what we see is what's lefts over.
I need to know the back story of the company involved before i can take this auction/sale seriously.
Don't know what to tell you , just don't take it seriously I guess , Its probably not possible ,. better to go work for the man and get that check every 2 weeks !
I'll give 500 for the black couch set
You Know When You Have Made It When You Start Getting Haters
it's not 2.4 million until it's all sold. right now it's just 49k in debt
2k Couch sets. All new. Sell them for super cheap at $100 and you'll quadruple your investment. Not including the forklift and everything else that comes with it. Easy money
But were you going to keep it all?
@ your house. Hope you like Bedbugs.
Maybe 49k over wholesale.
with all this stuff you need to rent a building to store all this stuff
i just pooped my pants
Fred Gardner huyyy
I cannot pass the fact that you have white socks and sandals ...
I will answer this questions Mondays Video
Well the only problem I see is in order to make 2.4 million you gotta sell it!! Cheap Chinese furniture! And you gotta find a place to store it! I think that's bullshit! Even if it was a collection sale! Never would have sold 2.4 million for 50,000!
After all is said and done....Minimum wage is what you are making....Lockers are a sham...
where is the hot chick from the thumbnail? thats the only reason i clicked on this vid..
I know I expected to see Casey in the video but only Renee
got it cheap so what, it is not selling because most people do not have the money to buy it, just that simple !
You bought yourself a huge headache!!
lol 100 x 2000 = 2000^^
that's pretty wild, but why do even respond to the fools and haters, don't give them a platform,it only encourages the stupid and pathetic, haters hate because they are losers and want everyone else to fail, don't even mention them again!
goapebilly puts em in place,,,,on the bottom lol
Casey should do the video wearing a bikini
i
Renee , Dave Hester has nothing on you. His big mouth is annoying I'm sure your sick of it? This is an amazing find, Casey put him on a program where he has to lose weight. Anyone I'm sure you told him many times. Renee your lucky to have a wife's that pretty.she must love every ounce of you. Keep up the good work, Gary
I call bullshit
What a joke just like the t.v. show.
Yes Stop listening to nay sayers ..
Thats all knock off China BS.
fake fake fake just like there show...