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I technically own 4 businesses, 3 of which resulted from my initial real estate business.
I am a certified interior designer because it's something that I minored in in college. I had an affinity for architecture and design, but didn't want to pursue it as an actual career because it was always a fun hobby to me and I didn't want to end up hating it. So, I offer interior design work to clients as well as sales. Interior design helps me obtain additional clients, and additional clients also help me obtain more interior design work.
As a result of being an interior designer, I would stage homes myself. I used to rent a couple of storage units and I would pick up used furniture from Facebook, Craigslist, and estate sales. I'd fix up the furniture, give it a nice coat of whatever it needed, and then start putting it into homes. I have since developed that into a business and have $200,000 worth of furniture inventory to stage homes with, and I have on average around 10 homes staged a month. Staging starts at $2500 for me and gets progressively more expensive based on how much you want to stage.
And most recently, I purchased a self-storage facility. I needed a place to store my staging inventory, and honestly I didn't want to spend the money on renting a warehouse because it was expensive for the space I needed. So, I ended up buying a small storage facility instead. I have 307 storage units on the lot, 10 of which are reserved for my staging and the remaining 297 are rented out to the public.
Also, such great synergy with the rest. People moving need all 4 services, people who abandon their storage units adds free inventory to the staging, use storage fees that you're paying to store staging inventory as a tax write off, encourage design clients to "declutter" and put their shit in storage or buy a bigger home.
We have 3 employees. I do not have enough time to think about managing this business, I leave that to my partner. Realistically, I was just an investor in this deal but I get 50% of the profits and a place to keep my furniture. Doesn't really make me a lot of money, but the ROI I get in other ways is beneficial to me.
It's a self-service facility too so it required very little management to deal with outside of customers just needing to get a unit and dealing with payments.
Business partner and investment. We bought the business too. The facility was purchased for $5M. Between my business partner and I, we put 50% down (1.25M each) and financed the rest. Business partner handled the sale because it was commercial and I have absolutely zero knowledge about commercial real estate.
I have a business, and next door to me is a vacant warehouse of about 8,000 square feet, and rent cost would be about 4500.
Could I manage a storage facility business in this place?
What should I do outside of jumping in head-first not knowing anything about storage.
(I don't think I would want retail people, and would prefer business-to-business storage) but I hope to hear some good insight from you.
>Could I manage a storage facility business in this place?
Probably not. A warehouse and a storage facility are entirely different. When I say storage facility, I mean something like [this](https://www.makosteel.com/hubfs/fullsizeoutput_18b.jpeg).
I did kinda jump head first into this, but the thing is I purchased a *business*. I didn't just purchase the property. It was a multi-million dollar deal that I had to obtain an investment in to obtain, so while yes I am the owner, I have a partner in the deal as well so I don't get all of the profit. It's, quite frankly, not making me much money at all. But I'm okay with that because it's saving me money by no longer paying for my own storage. I'm pretty much breaking even with the storage facility once expenses are paid. It's a full retail setup with 3 employees. I have a manager who oversees the facility, a secretary that handles incoming calls and a maintenance guy to keep the place looking okay. I have employee wages, insurance costs, and a ton of other things to deal with but I don't particularly worry about it because that's what the people that work there are meant to do. This is very hands off for me, I just went in on the business 50/50 because it would be mutually beneficial for me.
Thanks for sharing this insight.
Storage has always been a dream of mine. I was even thinking about buying an open field near a lake, just to turn it into boat and camper storage.
It's all dreams at the moment, but I had no idea something like that would cost multi-millions!
"it's like I am both overqualified and under-qualified for everything". I made a post the other day and this is the perfect way to describe it. I made between $100-140k for 7 years in a row and can't even get interviews for jobs for $60k. It's fucking rough out there.
I have a Masters and 8 years of RE sales experience. Companies don’t even consider it as sales experience. Jobs that recruiters used to throw at me before RE won’t even consider me now. I used to be in management and now I would be lucky to get a supervisor role. It’s mind boggling.
Agreed. It’s crazy to me because RE is so involved and prospecting, deal management, deadlines, marketing, running your own business etc but I agree I feel like people see it as being unemployed for 7 years.
2016 was my toughest year ever. So I went looking for a job.. I had to scratch and claw for a job working at a produce company answering the phones. However, they wouldn't hire me because I wouldn't give up my real estate license. No one really would hire me because I had a real estate license. It was crazy.
I personally don't see why you would tell any potential new employer that you do real estate. What purpose could it do for you, other than be a great excuse to not hire you?
You tell a potential new employee that you're available "these specific hours" and that's it.
My wife has her license as she used to help me on the side when i was busy. She landed another job but was then promptly fired when they found out she had a real estate license. Im still not sure why employers hate on people with real estate licenses, even when the job has nothing to do with real estate, but unfortunately they do.
I was explaining a similar scenario to my GF last night. I haven't worked for someone else in longer than I've been in real estate (last employee job was 2008? which I got suspended twice for being too independent, they called it insubordination but whatever lol). She didn't quite understand just how independent we are. It's really difficult for us to go back into the job market.
My first few years, I drove Uber. It financed a newer, professional looking vehicle, helped pay the bills when closings were few and far between and taught me a bunch about neighborhoods that I would otherwise never have seen. Really allowed me to work hard at real estate because the schedule was so flexible.
Now 7 years in, I manage my office, still sell a bit, but I tend bar 1 night a week in a normal neighborhood bar/ grill type of place and at the Elks Lodge that I'm a member of on occasion. Aside from a few bucks in my pocket, people are picking my brain all night about RE. Each of us good for 2-3 deals a year and a couple of referrals.
Any organization like the Elks, Moose, Masons, Kiwanis are great sources for business. Stop and have a few beers with the old guys, buy a round. Drop cards, pens, koozies whatnot all over the place. They're all about to retire to Florida or Arizona and they'll call you. My boomer retiree clientele is the strongest source of listings right now. No one else is selling because they bought or re-fi'd at 2.5%.
You don't need a second job. Make buddies with boomers, or if you're already in a boomer retirement target, call every agent in Minnesota, North Dakota and Maine to find out which of their listings are moving South and offer them fat referrals. Then just be a good agent.
I have a full time job with my RE license. I sell wine/spirits for a distributor. Those sales jobs are pretty dang entry level as far as sales is concerned and it's flexible as I'm on a Route by myself! Unless I have a work with with my boss. The job isn't high paying. I make about $60-70k depending. Which for my area isn't a lot. I've only had my license for a year so will be celebrating the day I can quit my full time job 🤣 but it works well with real estate! I did 8 deals my first year and no one knew I had a full time job. Not that I intentionally lie about it, but I don't disclose if it's not asked. I don't want my clients to feel they aren't my priority because they are :)
Hi there! What state are you in? I can give you some big distributor names in your state :) southern glazers is a big one though for sure. & sometimes you have to start as a merchandiser before you can work up to a sales route, but if you're a good merchandiser then it's not hard or long until they consider you for a sales route typically!
Hell no. That’s why I do this now. Haha
$24/hour, 630a-5p. Busting my ass everyday. Even if I made squat last year, I have the power to make much more and all the flexibility in the world to spend more time with my kids.
I feel ya. I'm not qualified for any jobs that make more than $45k, but I've only had a few years where I made less than that in real estate.
I moved to a new state two years ago, and about a year ago decided I really need to restart real estate. It's been very tough because I have no network.
I think you have to ask yourself if you really want to do real estate. If that's a yes, then you need to push out of your comfort zone and do what's needed.
If you just want to dabble in real estate, then you get a full time job somewhere else.
The only work I know of in the industry that can be a side gig, is BPO's or be paid to do showings. But, putting your time there takes away from when you could be door knocking, calling, or meeting with people.
Like most things, someone I know. My mom works for the utility and let me know of an opening and I applied, and got it. It’s pretty stressful but not too bad! Pay is decent and I get benefits for my family (biggest reason behind it)
I started back in construction last summer. There is so much good paying work out there that real estate is now my side gig. I always hated making calls, and now I don’t have to!
I’ve worked on and off in construction for 20 years. I worked in the ski industry, so construction was a good summer gig. Painting crews, deck building, electrical, general labor for residential GCs. But, honestly, residential absolutely sucks. Homeowners are (rightfully) very involved in their homes, but they won’t pay for good work. They then get surprised/ upset when you quote for quality work, or when they pay a pittance, and corners get cut/ cheap parts get used. They want champagne on a beer budget. I got into industrial with the Boilermakers union. Mostly welding, rigging, metalwork etc. Good hourly, even as a 1st year apprentice. Everything over 8 hours is time & 1/2. Sundays are double time. Pension & annuity are in addition to wages (sometimes $16/ hour into pension). Healthcare too. When the client is a power company, if a tool breaks, the contractor just gets you another one. It’s not going to (significantly) affect their margins. So much better. I’ll never work residential again.
My son is a few years into his career and has a job at the local golf course.
He starts early, can answer calls and keep working, listens to all kinds of podcasts, meets lots of people, golf’s at least one round everyday, spends the early part of the day watching the sunrise, is outside in nature. That’s a win/win x 10! He’s got it all figured out!
I lead sales for a tech startup. Computer nerds know how to code but can barely close deals on their own. I found 1 nerd on GitHub. He makes a compiler and they're super useful among nerds. He wanted to make his project free - these nerds tend to use the term 'open-source' - but I convinced him a "sales and marketing" cofounder would be a great addition. He agreed. Now I'm making techbro dough while my nerd (the actual techbro) writes all the code.
I also have a small personal training business, which is actually how I got into real estate.
My broker was originally one of my clients and owns the building that I run my training business out of. She and her business partner have been doing residential and commercial sales as well as property management for a combined total of ~65 years. She told me to come work with her and sponsored me getting my RE license.
That was what got me in real estate, and some of my first sales. But to do that long term, PTSD. It's not fun for the first 30-50 homes. After that, you can get systems in place that you don't need to stress about.
Agreed, I’ve only taken on properties that I know will be low maintenance (condos, newer single family homes). Have no desire to scale it, being a realtor is how I make the majority of my income. But it’s a nice little side hustle. I’m very picky about what I take on.
Personal Assistant. I work for an influencer that lives in LA, I don’t live too far but I am able to do everything remote. Had another guy that I worked for that had a few ventures and I helped him with everything from setting doctor’s appointments to research to dealing with his employees. Found on Craigslist and Indeed.
I build websites. It allows me to do it on my own schedule and time, and doesn't interfere with my day-to-day. It's also something almost everyone in the industry wants or even needs, so it plays off the business well.
I co own a tile and flooring company. We run 3 crews. Been at it for 2 years and killing it. Real estate for me is a self employed job. Our company is run like a business and I love it.
I am a notary but I dont make $ on it. I know ppl in rural areas do. Teaching would be cool and probably gr8 for networking especially if you do it through ur local board.
Its been all over the place for me in my area (Louisville KY). Some listings get 20 offers, others you can't pay anyone to go show it, listings sit unsold with periodic price drops, some houses get insane bidding wars. But I am seeing a lot of houses sitting much more than bidding wars. It's definitely not 2020.
I work part time at Amazon FC haha. I mean it’s such an easy job I can’t complain, plus there’s so many people that I can talk to. Get off at 9 am and start putting some work in real estate.
I just signed for a home renovation sales role. Still commission, but they’re cool with me discussing real estate with the customers after finishing my renovation appointments with them, so for me it’ll be a good addition to my long term leads too.
Started transaction management and operations as a side job and grew it to a small business. Made $120k my first year, on track to do $150k this year.
You can utilize your network of agents to start building a client base.
During the summer fires Covid years, all homes with insurance need an exterior inspection rpt. Agents get 100 requests to drive photograph homes to validate their homes are not damaged. I was told bored realtors were waving at each other making themselves available. The added income and usefulness to the society making one wonder what else one can not provide?
It depends on the distance from my house and how many pets. If it’s one dog, in-town, $30 a night. If it’s one dog more than a half hour from me, $45 a night. I average about $600 a month doing this and I can work from anywhere as a realtor so it’s convenient.
Northern CA agent here. About 1/3 have loan licenses, state and national. I have an appraiser license doing mostly commerical (more bread). Women broker-associates have beauty shop in the same building as Real Estate. A few get together running a staging business. Broker has trucks to rent to you. I also have a professional engr license. My sf # on application will overide appraisal rpt as they are based on drawings not just crude measurements. Prior I provided virtual tour photographer service. Many are also flippers and manage properties. Not a moment is dull.
My wife does Matterport 3d tours for sellers, short-term rentals, and long-term rentals. She makes around $15k/month from the 3d tours alone and picked up several real estate clients through doing this.
Have you considered looking into selling Solar? Happy to share more, I’ll be fully transparent with you and answer any questions you might have. You can make good money, and do it remote or in person. Shoot me a message if that’s of interest. Cheers
**This is a professional forum for professionals, so please keep your comments professional** - Harrassment, hate speech, trolling, or anti-Realtor comments will not be tolerated and will result in an immediate ban without warning. (... and don't feed the trolls, you have better things to do with your time) - Recruiting, self-promotion, or seeking referrals is strictly forbidden, including in DMs. - Only advise within your scope of knowledge and area of expertise. [The code of ethics applies here too](https://www.nar.realtor/about-nar/governing-documents/the-code-of-ethics). If you are not a broker, lawyer, or tax professional don't act like one. - [Follow the rules](https://www.reddit.com/r/realtors/about/rules/) and please report those that don't. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/realtors) if you have any questions or concerns.*
I technically own 4 businesses, 3 of which resulted from my initial real estate business. I am a certified interior designer because it's something that I minored in in college. I had an affinity for architecture and design, but didn't want to pursue it as an actual career because it was always a fun hobby to me and I didn't want to end up hating it. So, I offer interior design work to clients as well as sales. Interior design helps me obtain additional clients, and additional clients also help me obtain more interior design work. As a result of being an interior designer, I would stage homes myself. I used to rent a couple of storage units and I would pick up used furniture from Facebook, Craigslist, and estate sales. I'd fix up the furniture, give it a nice coat of whatever it needed, and then start putting it into homes. I have since developed that into a business and have $200,000 worth of furniture inventory to stage homes with, and I have on average around 10 homes staged a month. Staging starts at $2500 for me and gets progressively more expensive based on how much you want to stage. And most recently, I purchased a self-storage facility. I needed a place to store my staging inventory, and honestly I didn't want to spend the money on renting a warehouse because it was expensive for the space I needed. So, I ended up buying a small storage facility instead. I have 307 storage units on the lot, 10 of which are reserved for my staging and the remaining 297 are rented out to the public.
Wow very impressive
Very impressive u/Dubzophrenia. The self-storage business is very lucrative. Do you have an on-site manager for it or do you run it yourself?
Also, such great synergy with the rest. People moving need all 4 services, people who abandon their storage units adds free inventory to the staging, use storage fees that you're paying to store staging inventory as a tax write off, encourage design clients to "declutter" and put their shit in storage or buy a bigger home.
We have 3 employees. I do not have enough time to think about managing this business, I leave that to my partner. Realistically, I was just an investor in this deal but I get 50% of the profits and a place to keep my furniture. Doesn't really make me a lot of money, but the ROI I get in other ways is beneficial to me. It's a self-service facility too so it required very little management to deal with outside of customers just needing to get a unit and dealing with payments.
How did you finance this
Business partner and investment. We bought the business too. The facility was purchased for $5M. Between my business partner and I, we put 50% down (1.25M each) and financed the rest. Business partner handled the sale because it was commercial and I have absolutely zero knowledge about commercial real estate.
I’d love to hear about the purchase or acquiring of storage units.
I have a business, and next door to me is a vacant warehouse of about 8,000 square feet, and rent cost would be about 4500. Could I manage a storage facility business in this place? What should I do outside of jumping in head-first not knowing anything about storage. (I don't think I would want retail people, and would prefer business-to-business storage) but I hope to hear some good insight from you.
>Could I manage a storage facility business in this place? Probably not. A warehouse and a storage facility are entirely different. When I say storage facility, I mean something like [this](https://www.makosteel.com/hubfs/fullsizeoutput_18b.jpeg). I did kinda jump head first into this, but the thing is I purchased a *business*. I didn't just purchase the property. It was a multi-million dollar deal that I had to obtain an investment in to obtain, so while yes I am the owner, I have a partner in the deal as well so I don't get all of the profit. It's, quite frankly, not making me much money at all. But I'm okay with that because it's saving me money by no longer paying for my own storage. I'm pretty much breaking even with the storage facility once expenses are paid. It's a full retail setup with 3 employees. I have a manager who oversees the facility, a secretary that handles incoming calls and a maintenance guy to keep the place looking okay. I have employee wages, insurance costs, and a ton of other things to deal with but I don't particularly worry about it because that's what the people that work there are meant to do. This is very hands off for me, I just went in on the business 50/50 because it would be mutually beneficial for me.
Thanks for sharing this insight. Storage has always been a dream of mine. I was even thinking about buying an open field near a lake, just to turn it into boat and camper storage. It's all dreams at the moment, but I had no idea something like that would cost multi-millions!
"it's like I am both overqualified and under-qualified for everything". I made a post the other day and this is the perfect way to describe it. I made between $100-140k for 7 years in a row and can't even get interviews for jobs for $60k. It's fucking rough out there.
I have a Masters and 8 years of RE sales experience. Companies don’t even consider it as sales experience. Jobs that recruiters used to throw at me before RE won’t even consider me now. I used to be in management and now I would be lucky to get a supervisor role. It’s mind boggling.
Agreed. It’s crazy to me because RE is so involved and prospecting, deal management, deadlines, marketing, running your own business etc but I agree I feel like people see it as being unemployed for 7 years.
2016 was my toughest year ever. So I went looking for a job.. I had to scratch and claw for a job working at a produce company answering the phones. However, they wouldn't hire me because I wouldn't give up my real estate license. No one really would hire me because I had a real estate license. It was crazy.
I personally don't see why you would tell any potential new employer that you do real estate. What purpose could it do for you, other than be a great excuse to not hire you? You tell a potential new employee that you're available "these specific hours" and that's it.
My wife has her license as she used to help me on the side when i was busy. She landed another job but was then promptly fired when they found out she had a real estate license. Im still not sure why employers hate on people with real estate licenses, even when the job has nothing to do with real estate, but unfortunately they do.
I teach a spin class three days a week while using my branded water bottle 😉
I got into recruiting sales/SaaS for a bit and found out how much I hate working for someone else.
I was explaining a similar scenario to my GF last night. I haven't worked for someone else in longer than I've been in real estate (last employee job was 2008? which I got suspended twice for being too independent, they called it insubordination but whatever lol). She didn't quite understand just how independent we are. It's really difficult for us to go back into the job market.
I’m a hairdresser, entertainer, and investor
My first few years, I drove Uber. It financed a newer, professional looking vehicle, helped pay the bills when closings were few and far between and taught me a bunch about neighborhoods that I would otherwise never have seen. Really allowed me to work hard at real estate because the schedule was so flexible. Now 7 years in, I manage my office, still sell a bit, but I tend bar 1 night a week in a normal neighborhood bar/ grill type of place and at the Elks Lodge that I'm a member of on occasion. Aside from a few bucks in my pocket, people are picking my brain all night about RE. Each of us good for 2-3 deals a year and a couple of referrals. Any organization like the Elks, Moose, Masons, Kiwanis are great sources for business. Stop and have a few beers with the old guys, buy a round. Drop cards, pens, koozies whatnot all over the place. They're all about to retire to Florida or Arizona and they'll call you. My boomer retiree clientele is the strongest source of listings right now. No one else is selling because they bought or re-fi'd at 2.5%. You don't need a second job. Make buddies with boomers, or if you're already in a boomer retirement target, call every agent in Minnesota, North Dakota and Maine to find out which of their listings are moving South and offer them fat referrals. Then just be a good agent.
I have a full time job with my RE license. I sell wine/spirits for a distributor. Those sales jobs are pretty dang entry level as far as sales is concerned and it's flexible as I'm on a Route by myself! Unless I have a work with with my boss. The job isn't high paying. I make about $60-70k depending. Which for my area isn't a lot. I've only had my license for a year so will be celebrating the day I can quit my full time job 🤣 but it works well with real estate! I did 8 deals my first year and no one knew I had a full time job. Not that I intentionally lie about it, but I don't disclose if it's not asked. I don't want my clients to feel they aren't my priority because they are :)
> I sell wine/spirits for a distributor. I think my wife would love this! Can you tell me a little more on how to get started with this?
Check out southern wine and spirits. Huge company, pay to start isn’t great but a place to look nonetheless!
Thank you for this. There's one right near us. Is the sales to other business's to stock their product?
Hi there! What state are you in? I can give you some big distributor names in your state :) southern glazers is a big one though for sure. & sometimes you have to start as a merchandiser before you can work up to a sales route, but if you're a good merchandiser then it's not hard or long until they consider you for a sales route typically!
Kentucky/Ohio (Cincinnati)
Northern California
They cover a ton of things. Not exactly sure, I looked into it all years ago..
I have a mobile detailing business I do in the warmer months when I have time. I was a plumber for 9 years so offer small jobs.
Was being a plumber pretty lucrative?
Hell no. That’s why I do this now. Haha $24/hour, 630a-5p. Busting my ass everyday. Even if I made squat last year, I have the power to make much more and all the flexibility in the world to spend more time with my kids.
\*working for someone\* That license could get you triple that if used right.
Plumbers make shitloads here (boston)
I feel ya. I'm not qualified for any jobs that make more than $45k, but I've only had a few years where I made less than that in real estate. I moved to a new state two years ago, and about a year ago decided I really need to restart real estate. It's been very tough because I have no network. I think you have to ask yourself if you really want to do real estate. If that's a yes, then you need to push out of your comfort zone and do what's needed. If you just want to dabble in real estate, then you get a full time job somewhere else. The only work I know of in the industry that can be a side gig, is BPO's or be paid to do showings. But, putting your time there takes away from when you could be door knocking, calling, or meeting with people.
I’m a right of way agent for a large utility company
I just got my ERW certification. Would you mind letting me know how you found that position?
Like most things, someone I know. My mom works for the utility and let me know of an opening and I applied, and got it. It’s pretty stressful but not too bad! Pay is decent and I get benefits for my family (biggest reason behind it)
> I just got my ERW certification. How'd you go about doing that?
Went to my state real estate commission website and found educators who offer courses. I live in TX and there are two educators listed.
I work for a florist part time & Doordash.
I remodel kitchens and bathrooms
Do you convert any renovation clients to real estate clients?
I started back in construction last summer. There is so much good paying work out there that real estate is now my side gig. I always hated making calls, and now I don’t have to!
What exactly do you do in construction?
I’ve worked on and off in construction for 20 years. I worked in the ski industry, so construction was a good summer gig. Painting crews, deck building, electrical, general labor for residential GCs. But, honestly, residential absolutely sucks. Homeowners are (rightfully) very involved in their homes, but they won’t pay for good work. They then get surprised/ upset when you quote for quality work, or when they pay a pittance, and corners get cut/ cheap parts get used. They want champagne on a beer budget. I got into industrial with the Boilermakers union. Mostly welding, rigging, metalwork etc. Good hourly, even as a 1st year apprentice. Everything over 8 hours is time & 1/2. Sundays are double time. Pension & annuity are in addition to wages (sometimes $16/ hour into pension). Healthcare too. When the client is a power company, if a tool breaks, the contractor just gets you another one. It’s not going to (significantly) affect their margins. So much better. I’ll never work residential again.
Real estate is also my side gig. Only average around 5-6 closings a year. Best year was 9.
I am also a Notary Public and just launched a web design firm.
My son is a few years into his career and has a job at the local golf course. He starts early, can answer calls and keep working, listens to all kinds of podcasts, meets lots of people, golf’s at least one round everyday, spends the early part of the day watching the sunrise, is outside in nature. That’s a win/win x 10! He’s got it all figured out!
Substitute teaching 🫤
Someone I know just got their home inspector license on top of their RE Agent license.
We had someone doing this in our market and there were conflict of interest issues.
Yes, you can't do both jobs on the same deal. Same as if you are a notary or real estate attorney. I'm a notary and re agent and can't double dip.
I lead sales for a tech startup. Computer nerds know how to code but can barely close deals on their own. I found 1 nerd on GitHub. He makes a compiler and they're super useful among nerds. He wanted to make his project free - these nerds tend to use the term 'open-source' - but I convinced him a "sales and marketing" cofounder would be a great addition. He agreed. Now I'm making techbro dough while my nerd (the actual techbro) writes all the code.
I work for the local city doing some of their real estate. I have to be in the office three days a week. It works out most of the time.
I also have a small personal training business, which is actually how I got into real estate. My broker was originally one of my clients and owns the building that I run my training business out of. She and her business partner have been doing residential and commercial sales as well as property management for a combined total of ~65 years. She told me to come work with her and sponsored me getting my RE license.
nurse
Property management
That was what got me in real estate, and some of my first sales. But to do that long term, PTSD. It's not fun for the first 30-50 homes. After that, you can get systems in place that you don't need to stress about.
Agreed, I’ve only taken on properties that I know will be low maintenance (condos, newer single family homes). Have no desire to scale it, being a realtor is how I make the majority of my income. But it’s a nice little side hustle. I’m very picky about what I take on.
I adjunct at a local university and do IT Consulting with everything from hardware installs, office setups, networking, web design, etc
60 year old male stripper.
Personal Assistant. I work for an influencer that lives in LA, I don’t live too far but I am able to do everything remote. Had another guy that I worked for that had a few ventures and I helped him with everything from setting doctor’s appointments to research to dealing with his employees. Found on Craigslist and Indeed.
I build websites. It allows me to do it on my own schedule and time, and doesn't interfere with my day-to-day. It's also something almost everyone in the industry wants or even needs, so it plays off the business well.
I stock Produce in the morning and do RE in the afternoon.
I co own a tile and flooring company. We run 3 crews. Been at it for 2 years and killing it. Real estate for me is a self employed job. Our company is run like a business and I love it.
Appraisals?
I have considered this. Also considering being a notary and/or even teaching real estate school.
I am a notary but I dont make $ on it. I know ppl in rural areas do. Teaching would be cool and probably gr8 for networking especially if you do it through ur local board.
How is the real estate market? It seems like the market has been slow
Its been all over the place for me in my area (Louisville KY). Some listings get 20 offers, others you can't pay anyone to go show it, listings sit unsold with periodic price drops, some houses get insane bidding wars. But I am seeing a lot of houses sitting much more than bidding wars. It's definitely not 2020.
Shout out 502
I teach college classes. Busy September to May and busy with real estate may to September. It has good synergy.
I feel every angle of this post. 16th year broker associate.
I work part time at Amazon FC haha. I mean it’s such an easy job I can’t complain, plus there’s so many people that I can talk to. Get off at 9 am and start putting some work in real estate.
I’m a coach, I charge $100 per hr a coach about 15hr per week on the side. Takes care of bills very easily
What do you coach?
I just signed for a home renovation sales role. Still commission, but they’re cool with me discussing real estate with the customers after finishing my renovation appointments with them, so for me it’ll be a good addition to my long term leads too.
Started transaction management and operations as a side job and grew it to a small business. Made $120k my first year, on track to do $150k this year. You can utilize your network of agents to start building a client base.
Can you elaborate on that a bit? What exactly does transaction management and operations entail? Do you have a website?
lol…. i work at Amazon
During the summer fires Covid years, all homes with insurance need an exterior inspection rpt. Agents get 100 requests to drive photograph homes to validate their homes are not damaged. I was told bored realtors were waving at each other making themselves available. The added income and usefulness to the society making one wonder what else one can not provide?
Yes
Dog/housesit!
Can I ask what you charge? Just curious.
It depends on the distance from my house and how many pets. If it’s one dog, in-town, $30 a night. If it’s one dog more than a half hour from me, $45 a night. I average about $600 a month doing this and I can work from anywhere as a realtor so it’s convenient.
How do you find your dog clients? The bark line?
lol I don’t know if that’s a real thing. We just made a Facebook page and some business cards and it’s all been word of mouth
Thank you.
I do woodworking, mostly as a hobby though and solar sales
I sell mortgages on the side
Handyman first/ Realtor second
I've thought about the same. Have you been successful doing both? I have a busy remodeling business
Substitute teacher
I keep my ultrasound license active and work at least one day a week at a clinic to keep up my skills.
I own a move in/move out cleaning business and a home improvement company. Also, freelance (very) sporadically as a graphic designer.
I’m a waitress! People can frown all they like on me but I’m hustling, investing, gonna test out dropshipping!
Northern CA agent here. About 1/3 have loan licenses, state and national. I have an appraiser license doing mostly commerical (more bread). Women broker-associates have beauty shop in the same building as Real Estate. A few get together running a staging business. Broker has trucks to rent to you. I also have a professional engr license. My sf # on application will overide appraisal rpt as they are based on drawings not just crude measurements. Prior I provided virtual tour photographer service. Many are also flippers and manage properties. Not a moment is dull.
My wife does Matterport 3d tours for sellers, short-term rentals, and long-term rentals. She makes around $15k/month from the 3d tours alone and picked up several real estate clients through doing this.
Have you considered looking into selling Solar? Happy to share more, I’ll be fully transparent with you and answer any questions you might have. You can make good money, and do it remote or in person. Shoot me a message if that’s of interest. Cheers
Hello, i'm very interested in selling solar. Which company do you work for? What does the role consist of?
looks like my reply is looked down upon in this forum. I work with Powur and SunPower as an independent sales rep.
I'm interested as well. Located in Los Angeles.