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MineralMan

(150,911 posts)
16. Storage units are useful, but dangerous if you're in economic trouble.
Mon May 7, 2012, 08:24 AM
May 2012

Get paid up, but then go to your unit and realistically assess the value of the stuff you have stored. Often, people are paying a monthly rental on a unit that ends up being more over a year or two than the value of the stuff in that unit. Where's the sense in that? Realistic value means what equivalent stuff sells for used in places like Goodwill, not what you think it's worth. Furniture, especially, has little value when used, and is easy to replace.

If, after a realistic assessment of the value of the stuff, it doesn't really make sense to store it all, consider selling most of it at a sale at the site of the locker. Remove personal memory stuff and irreplaceable stuff into a small pile and find somewhere free to store it, with family or friends or some such. Box it up compactly and take it with you. Leave the rest or put it in the storage company's big dumpster.

If people really considered the actual monetary value of the stuff they have in storage and compared it to the cost of that storage, the storage business would fail quickly.

Finally, never store important papers, personal records, or any other items that contain essential personal data or information that could lead to identity theft in a storage unit you pay for. Find another place for it with someone you trust.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Its a contract, isn't it? elleng May 2012 #1
I've always lived 'on the edge' and have used storage units for close to 20 years. Edweird May 2012 #2
My experience Icicle May 2012 #3
We have rented on occasion with small companies in smaller towns... cynatnite May 2012 #4
Storage units are a hard business ProgressiveProfessor May 2012 #5
Yes, 60 days is common DontTreadOnMe May 2012 #6
Is There Another Storage Place In Town??? rsmith6621 May 2012 #7
Assuming they're following the contract that you signed with them, there's little you can do. Johnny Rico May 2012 #8
Agree with the prior poster MiniMe May 2012 #9
I had one for several years. I was usually a week or two late and they were always on my back about Raine May 2012 #10
Yes. During one of the periods when Doug and I were separated EFerrari May 2012 #11
Why should they adhere to the contract JayhawkSD May 2012 #12
Yes, they can sell your stuff if you're behind on payments. tammywammy May 2012 #13
This is how the storage business operates jberryhill May 2012 #14
I only deal with the manager of my unit. He calls me directly if there's a problem. HopeHoops May 2012 #15
Storage units are useful, but dangerous if you're in economic trouble. MineralMan May 2012 #16
Always read the contract. Javaman May 2012 #17
I used a storage unit only once. Sheepshank May 2012 #18
They have a reality show about this now Capt. Obvious May 2012 #19
Message auto-removed Name removed Nov 2013 #20
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