EPISODE 54 ~ GUEST BLOG: The Art of Profitable Dumpster Diving

M.A.C. (Moves Adds and Changes)
Change is good. If a store is moving then more than likely they will be disposing of any unwanted items, such as shelving, storage, old equipment, etc. anything that may be easier to replace than transport. These items can be useful in your own construction and storage products or resold.

Retail stores are constantly updating and adding space. Construction on these stores can also mean demolition and clearing out of unwanted items.
When a store is making changes to the items they stock they may be shedding some of the older, outdated stock. This is especially true with computers and electronics. People don’t want to pay full price for outdated cameras, laptops and such but will pay decent prices for them on the secondary market. Retail stores love to make changes and some of those changes can be very beneficial to the trained dumpster diver.
Let’s not overlook damaged items either. Some of those items may be an easy fix or can be sold for parts. Keep the spare parts and hardware as these can be used to repair similar items from other dumpster dives.
One last tip is to find out when your city has bulk pick up days. Most towns have at least 2 or 3 days a year when residents can discard their large, bulky items such as furniture, construction materials and so on. You can usually call the city sanitation department to find out when they pick up these items.

The easy part is over, you have found your discarded treasures and now you need to figure out what to do with them. The chart below shows the typical flow of the items. The first thing you want to do is to make sure you have a place to process the items. A shed, garage, or even a storage unit are good places. You want to have plenty of room to sort and store your treasures. Keep in mind that some items may need repaired or cleaned up. Don’t automatically throw it away just because it is broken. You might just be able to fix it. If you can’t fix it the item just might become part of an art project ore serve another purpose. Whatever you choose not to keep for resale make sure you dispose of it properly, after all one of the reasons to dumpster dive is to keep things out of the landfills.

OK, so you have your stuff, it’s fixed, cleaned, and ready to go, but who’s going to buy this stuff? The answer is there are plenty of people out there looking for bargains. The trick is knowing how to reach those potential customers. The most popular places are Craigslist, eBay and Amazon, but let’s not forget the old fashioned yard sale. There is plenty of money to be made by having a yard sale and there is almost no out of pocket cash.

Guest Contact:

Website: AsseroSecurity.com

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Guest Bio:

Security specialist by day, professional dumpster diver by night. It’s hard to imagine that Matt Malone makes more money “digging through trash” than working at Slait Consulting, cashing in six-figures a year. It all started 12 years ago when Matt was hired by an Austin based company to hack into their system. Part of this required going through the clients’ trash to find information. Upon discovering many valuable items, Matt began to take the valuables home for his own crafts, shortly realizing that dumpsters don’t hold as much trash as they do treasure; treasure that he could resell and make a hefty amount of money off of. Thus, adding professional dumpster diver to his resume!

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