BUY LOW > Dumpster Diving Masters
The Art of Making $100,000 while Hunting Treasure in Trash
Updated - June 19, 2018
By James Massey, What Sells Best News
UNITED STATES - Experts say, if you're willing to step outside social norms, get dirty, and deploy the strategies of those who do it best. Dumpster Diving for Treasure (Legally) can be a lucrative hobby.
In past stories, we've reported on people finding treasures in trash, valued from $15,000 to $15 million. While amazing, million dollar dumpster treasures are rarer than winning a lottery.
However, there are people who've managed to make more than $100,000 through part-time dumpster diving, without hitting jackpots. This report covers the unique strategies of two of them.
Plus, we'll also take a look at alternative sources of dumpster diving information, which may be helpful for spotting cutting edge opportunities in the future.
MATT MALONE > $100,000 Part-Time (1-Year)
RETAIL TREASURES - Matt Malone was digging through dumpsters as a security analyst, helping large companies stop sensitive data losses. That's where he found he could make $100,000 annually, part-time, pulling treasures from the trash.Story on Matt Malone earning $100,000 part time, by ABC 13.
- Profit Source - In the U.S., retailers are estimated to take back more than $300 billion in returned items every year. Some estimates indicate, up to $50 billion of that merchandise is thrown away, annually.
- Opportunity - Valuable merchandise in good condition can be recovered from dumpsters and resold.
- Finding Method - Matt focuses on legal dumpster diving at big box stores like Home Depot, Office Max and Sears. He avoids places with food trash, like restaurants.
- Selling Method - After finding worthwhile treasures, Matt sorts and inventories his items, then post them for sale on sites like Amazon, eBay or Craigslist.
BOTTOM LINE - In the ABC News story (video above) it's reported that Matt made $100,000 in one year, as a part-timer, and he says he could make a lot more if he went full-time.
However, if driving around back alleys isn't your thing, you may find the next strategy more interesting.
NICK DIMOLA > $100,000 in Collectibles
FREE TREASURES - Nick Dimola's Junk Removal Business has helped him find over $100,000 in rare collectibles. All free, while also getting paid to haul peoples junk.Story of Nick Dimola finding $100,000 in collectibles, by Superstar Properties.
- Profit Source - The largest junk removal companies make hundreds of millions annually. This indicates there's a large ongoing supply of people wanting the convenience of somebody to haul their junk away.
- Opportunity - 'If' you're interested in starting a junk removal business. Every profitable junk haul, could also hold the potential for a bonus treasure. Treasures that could be sold for extra profit, or held as investments.
- Finding Method - Nick sorts through junk he hauls, looking for potential treasures to set aside and research if needed.
- Selling Method - Similar to the strategy above, worthwhile treasures can be inventoried and posted for sale on sites like Amazon, eBay and Craigslist. Higher value items could be consigned to auctioneers or galleries.
BOTTOM LINE - In an interview (video above) Nick says he found rare signs which were appraised by a PBS program for more than $100,000. He's also been in the news for finding Mayan artifacts worth $16,000. However, Nick says he prefers to hold his items as a collector, rather than sell them.
ALTERNATIVE MEDIA > For Dumpster Divers
FREE VIDEOS - Another place to find cutting edge dumpster diving information, posted by seasoned dumpster divers, is on YouTube.
YouTube has more than 400,000 Dumpster Diving Videos. More content than the average person has time to watch. However, there are some easy tricks for finding the best videos, quickly.Image (minus logo and art) courtesy of Tyne & Wear Archives & Museums.
The top videos generally get shared by viewers, which quickly adds to their view count. Checking Most Viewed Videos weekly (link below), can often lead to good information for profitable or time-saving tips.
However, finding the best information, sometimes takes a little digging to find the real gems. You can do this by paying close attention to viewer ratings given to the videos you're considering.
Generally, YouTube videos rated at least 80% positive by viewers, tend to have high quality information (ratings are located below videos), unless a topic is controversial. Then it's up to you to decide if it resonates with you.
Depending on which side of an issue you stand, controversial videos with a high viewer count, and a lower YouTube rating percentage. May provide you with information you're looking for.
In the case of highly viewed controversial videos. The title and comments section will often provide clues, that can help you decide whether it will be agreeable to you and your personal philosophy.
MORE MEDIA > For Dumpster Diving
BOOKS & FILMS - There are a number of highly rated books and documentaries on living the dumpster diving lifestyle. They're available on Amazon (see ad below), or possibly at your local library.
(Amazon Return Policy)
HOW TO (LEGALLY) > Dumpster Dive in 3-Steps
1.) STAY LEGAL - Experts say, dumpster diving laws vary from one location to the next. Make sure you know it's legal where you're going, before you dive.KEYT News reports on the legality of dumpster diving for treasures.
2.) GEAR UP - Dumpster diving can be made a lot easier, and safer, if you have the right gear before you go. Abandoned Exploration Squad has put together a great equipment list in the video below.Equipment Needed For Dumpster Diving, by Abandoned Exploration Squad.
Most of the dumpster diving equipment can be found at local retail stores, or on Amazon (ad below), or possibly at your favorite thrift stores.
(Amazon Return Policy)
3.) KNOW THE STEPS - If this is your first time dumpster diving, it's a good idea to understand what's involved, before you go. The following Howcast video can show you the essentials, step-by-step.How to Dumpster Dive, by Howcast.
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