Everyone's suggestions about clear plastic totes are excellent. Don't get the gigantic bins...remember, fabric is heavy! You have to be able to move the bins. One thing that I LOVE is my Brother label maker. Buy a couple of refill spools, then put the font size up pretty large and start labelling the bins. If you need to move a label you can peel it off carefully and move it to another bin. I group my fabrics like I'm sure everyone does...batiks, Christmas, juvenile, Halloween, etc. I use a tall CD bookcase to hold folded fat quarters grouped by color. Buy a couple boxes of the largest size zip-lock plastic bags (2 or 5 gal.?) to put projects in. These can also be labelled with the label maker and then filed in a box or bin. Good luck with this project, and do not exhaust yourself trying to do too much in one day. Do a bit and stop for a cup of tea. Be kind to yourself.