I only have time for a quick post this morning but I just had to share. I call this an Ikea hack but not sure if it truly qualifies as I didnt necessarily modify the item, just re purposed it.
This is a magazine file/holder. It came from Ikea (thanks Aaron!). I love it because it isnt paper or plastic. Its wood. It can be painted, stained, colored :), whatever. I didnt do anything to this particular one because, well, it IS inside my cabinet.
I added the Command Velcro hanging strips to the back (you could screw it in if desired but Im lazy) and stuck it to the inside bathroom cabinet door and voila! curling iron storage.