Real estate investing comes in many different flavors, including:
I’m even experimenting with Fundrise (affiliate link), a crowdsourced commercial real estate investing platform.
Which one is best depends on your goals, available time and money to invest, and risk tolerance.
For example, while I LOVE the idea of building a mini real estate empire and having tenants pay off my mortgages, the direct cash returns and the risks involved don’t get me that excited.
Check out these real estate-themed posts and podcast episodes and choose which strategy makes the most sense for you.
I was very excited to sit down with Mark Podolsky, The Land Geek, to talk about his side-hustle-turned-full-time-biz of investing in raw land.
In fact, he was able to replace his day job income and quit his job only 18 months after starting.
Mark calls it the best passive income model because you don’t have to worry about building a website, building a product, dealing with tenants, dealing with repairs, or selling a service.
Jasper Ribbers is one of the leading experts on building an Airbnb side hustle, having done it himself with his Amsterdam apartment and having co-authored the bestselling book on the topic, Get Paid for Your Pad.
(He also runs a blog and podcast by the same name.)
I was introduced to Jasper by Jesse Krieger (Episode 62, Generating Lifestyle Business Ideas That Work), and grew fascinated by his story. He gets to travel the world while his asset back at home earns roughly $60,000 a year from short-term Airbnb rentals.
J. Massey discovered real estate as a business out of necessity. He and his wife were both in poor health, and as he explains, had a 398 credit score and $75 to their name.
Then, introduced to real estate wholesaling, the picture began to turn around. This strategy allowed J. to develop some cash flow without risking his own limited assets, and he says he got started by dedicating just 2 hours a day, or 10 hours a week to this new side hustle.
In Episode 30 of The Side Hustle Show, we learn how to build a real estate wholesaling side hustle, without any experience and without risking your own money or credit score. Veteran investor Nick Ruiz shares how he earns $10,000+ per deal with his “Flipping Factory” system. This is definitely an interesting one! Subscribe to … Read more
In Episode 28 of The Side Hustle Show I sit down with Scott Bold to discuss how Airbnb bookings pay the majority of his rent. Just imagine, if a side hustle could cover your living expenses, would that give you a sense of freedom from your job? Airbnb.com is the peer-to-peer accommodations site where you … Read more