Tips by Marvin Jolly
Everybody has it. Some people have more. A lot more.
It’s the American way. We buy stuff. Use stuff. Keep stuff. Store stuff. And store it. And store it…too long.
You have attic space full of stuff. Closets full of stuff. Garages full of stuff.
And you’re paying how much for a storage unit ???
‘Stuff’ is a liability. A liability is something that keeps you from moving forward.
Think about it. Stuff takes up space that could be used for something better.
Stuff clutters our homes which has a subconscious effect in cluttering our minds. Unaddressed tasks have been proven to create beginning symptoms of depression.
Stuff is expensive. Storage units can cost hundreds if not thousands of dollars a year.
It’s time to get rid of the stuff.
So what can you do with that stuff ?
Think about “The Three D’s”
Sell your stuff. Convert those liabilities into an asset in cold cash,
In the past, your plan might be a garage sale. Fortunately, there are a lot of better options using social media and technology to achieve the same purpose, and you save time as a result.
Look into 5Miles, NextDoor, Facebook Marketplace, VarageSale.com and the old standby of CraigsList or some options. As always, use caution when meeting with strangers to exchange goods for cash. Have a friend or partner with you. Hold the buyer to a specific date and time and control the process.
If the demand for your supply is low, and yet the items may have value to someone, strongly consider donating the items to Frisco Family Services, Hope’s Door, Samaritan Inn, Goodwill, or Salvation Army. Donating clothing items, shoes, and household items can be a big way to make a huge difference in the lives of people in the community.
If you don’t want it, no one will buy it, and you literally can’t even give it away, it may be time to come to grips with the fact that really all you have is trash. If this is the case, check with your city trash schedule for bulk items. Some cities also allow for special scheduled pickups in certain cases.
If your trash pickup includes furniture or other large items, it may be a job for the pros. Contact College Hunks Hauling Junk for a great option to hauling off your stuff.
A Note About Storage Rentals
Sometimes renting a storage unit is absolutely necessary. Sometimes you may think its necessary when it actually is not a good plan. Storage costs can be a huge waste of money. Most storage rental customers rent units far larger than they need and commit to rental contracts that are too long. How do you know if its a good idea to rent a storage unit?
Renting a storage unit makes sense if:
- You have a specific date and plan to stop renting.
- You’re temporarily in between homes.
- You have items that you absolutely need (for real) in the future.
- You have items that could not be replaced.
Renting a storage unit doesn’t make sense if:
- You have no end date in sight for the storage rental
- You don’t really need the specific items again.Maybe you do. Maybe you don’t?
Get it on the calendar. In stone. Now. The best way to finish is to get started!
Marvin Jolly is a real estate broker, trainer, consultant and business coach. He currently serves as Regional Vice President for the Texas Association of REALTORS® and leads a team of real estate agents specializing in North Texas. Marvin has been Dealing, Donating and Ditching his STUFF in DFW since 1992.