Updated
Updated · The Washington Post · Oct 3
Carter Stevens Eyes Real Estate Wholesaling After Turning Dumpster Finds Into 6-Figure Income
Updated
Updated · The Washington Post · Oct 3

Carter Stevens Eyes Real Estate Wholesaling After Turning Dumpster Finds Into 6-Figure Income

1 articles · Updated · The Washington Post · Oct 3

Summary

  • Stevens, 31, is trying to launch a Nashville real estate wholesaling business after rebuilding from homelessness and debt through reselling discarded goods.
  • His turnaround began with 190 discarded Steelcase office chairs that generated $17,000 in profit; later junk-removal and eBay sales reached $30,000 in six weeks.
  • With savings nearing $12,000, he wants a business less dependent on physically taxing dumpster diving, but he is still stuck on basics like finding pre-foreclosure records and building a cold-call pitch.
  • That shift follows a 2024 collapse driven by drug use and compulsive spending, when monthly outflows topped $15,000 and he ended up living in cars and a storage unit.
  • Stevens sees wholesaling as a chance at longer-term stability in fast-growing Nashville, where 86 new residents arrive each day and housing distress could produce leads.

Insights

How did a homeless man living in a rental car turn corporate trash into a six-figure goldmine?
What hidden legal and tax traps await those trying to build a resale empire from private commercial dumpsters?