I have done this a few times, the last time I did this I did the DK quests and then a few hellfire quests.

At the 100gp mark I buy a bank tab, I take the netherweave from the quests and get a few bags made. Then I gift those bags to level 1 characters and start that grind. I get a port to Dal or Shatt is also key.

I just cannot cope without my bank tab and at least my main with reasonable bag space.