Co-Living: $1k a Month with Your First Co-Living Rental Property

Sam Wegert Co-living

What if you could create $1,000 to $2,000 per month in cash flow from a single property and need just three homes to replace your W-2 income?

Sam Wegert discovered this path 14 years ago when he started house hacking a single property.

Today, he owns over 200 rooms across his co-living portfolio, all passively managed while he lives overseas.

Co-living is when you buy a larger house and rent out individual rooms instead of the entire property.

It’s the difference between earning $250 a month from a traditional single-family rental and $1,000 to $2,000 from the same-sized property set up for co-living.

From the Scale Your Co-Living Real Estate podcast and ScaleYourRealEstate.com, Sam Wegert shares how he turned a simple house hack into a six-figure business addressing affordable housing from the ground up.

(Join his Free 5-Day Co-Living Challenge to learn how to develop the mindset that will take you to success as a CoLiving investor!)

Passive Real Estate Investing: Build Cash Flow and Equity—without the Sweat!

passive real estate investing options 2

Real estate investing is perhaps one of the oldest side hustles in existence.

Buy a house, rent it out, and build wealth. It’s a tried and true formula, and certainly a way to stop trading time for money.

This idea was popularized by books like Rich Dad Poor Dad, explaining (often with real estate as an example) how you can “escape the rat race” when income from assets you control exceeds your monthly expenses.

But real estate investing comes in many different “flavors” — and some take more time and money than others to get started with.

Fundrise Review: My $100,000 Commercial Real Estate Side Hustle

fundrise review

In 2015, I started building what I call “my cash flow portfolio.” This is a specific set of investments designed first and foremost to generate interest and dividends.

My thinking was: how can I get paid over and over again from work I do once?

And by investing for cash flow, I could turn every “extra” $1,000 I earned into $20-80 a year in truly passive income … forever.

23 Best Real Estate Side Hustles to Build Wealth and Cash Flow

real estate side hustles

Chad Carson is a 30-something semi-retired real estate mogul, who together with his business partner, oversees a portfolio of 90+ rental units.

In fact, he and his wife are in the middle of an exciting adventure — a year abroad in Ecuador with their two daughters.

But of course he didn’t start there. Fresh off the football field at Clemson, Chad’s real estate career started more modestly by “bird dogging” and house hacking — two of the tactics he shares in this week’s show.

Neighbor.com Review: Can You Really Make Extra Money Renting Out Your Space?

Neighbor.com Review: Make Extra Money Renting Out Your Space

According to Neighbor.com, you can make money turning your extra space into into storage.

But is it a legit side hustle? How does Neighbor work — and how much work does it take?

In this review, we’ll explore the pros and cons of Neighbor.com, so you can decide if it makes sense to monetize your unused space.

From Zero to $50k in Monthly Vending Revenue in 16 Months

H&H Vending Machines

Vending machines are a classic passive income source that continues to be profitable today.

We had Mr. Passive himself, Mike Hoffman, in the show before to talk about how to scale up his vending machine business.

And one of his mentees is here today.

Anthony Kolodziej from H&H Vending scaled his vending operation from zero to over $50k per month in just 16 months.

That’s 30+ locations, thousands of transactions, and a strategy that turns vending into something way beyond the old-school snack machine in the corner of a breakroom.

House Hacking 101: Live Free and Turn Your Biggest Expense into a Profit Center

Craig Curelop

What if you could make your rent or mortgage payment go away?

Or, what if instead of paying that expense every month, your living situation actually paid you?

It’s not as far-fetched as it may sound.

In fact, that’s exactly what today’s guest, Craig Curelop, has done by intentionally “house hacking” over the past few years.

One House a Year: Your Simple 10-Year Path to Financial Flexibility

Dustin Heiner from Mister Passive Income

Want a roadmap to build time-leveraged cash flow and long-term wealth without the complexity of traditional business ventures?

Dustin Heiner is back on the show to share his proven strategy: buy one profitable investment property per year for 10 years.

It might sound easier said than done, but Dustin has retired early from the cash flow of his 30+ rental properties and now helps others replicate his success at MasterPassiveIncome.com.

Dustin treats real estate as an “income building” business, not speculation. He’s built systems that generate consistent monthly cash flow while building equity — and his 16-year-old daughter just bought her first property using these same strategies.

(Check out Dustin’s free real estate investing starter course and learn more about his proven systems.)

Waiter to Glamping Millionaire: How to Build a Six-Figure Luxury Camping Business

Garrett Brown from BiggerPockets

What if you could turn 10 acres of rural land into a million-dollar hospitality empire while working a full-time job?

Garrett Brown from Cameron Ranch Glamping strategically “land hacked” his way into a multi-six-figure operation that’s now worth $1.5 million and generates nearly $100,000 per year from a single geodome.

By day, he teaches short-term rentals at BiggerPockets, but his real wealth-building happens through his glamping side hustle with $400+ nightly rates without the overhead of a traditional hotel.

Side Hustle Showdown: Buying a Business vs. Investing in Real Estate

real estate vs small business

If you’re looking to add some time-leveraged cash flow to your bottom line, two of the best options are investing in rental real estate and buying small businesses.

Both are viable options, and to help you figure out if either or both of these investment options are right for you, it’s time for another Side Hustle Showdown.

Usually Hustling, Occasionally Social

1percentfortheplanet
plutus winner

The Company
About
Contact
Books
Advertise
Media

4580 Klahanie Dr SE #155
Sammamish, WA 98029
925-365-6671

The Fine Print
Terms of Use
Privacy
How We Make Money
CCPA
Do Not Sell My Personal Information
Accessibility Statement
As an Amazon Associate, we earn from qualifying purchases.