Try These 5 Real Estate Side Hustles!

Whether you’re looking to gain more experience or diversify your income, working multiple jobs in the real estate industry have some unique advantages. Here are 5 real estate side hustles you can start now!

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Hey, guys, maybe you’re a wholesaler looking for some extra passive income.
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Or maybe you’re trying to get started in the real estate investing business,
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but don’t know where to start.
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No matter your experience, there are advantages
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to working multiple jobs in the real estate space.
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There’s the obvious cash flow, but you’ll also gain more experience
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and expand your network.
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Today, I’m going to show
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you five real estate side hustles that you can start right now.
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But first, don’t forget to, like, subscribe and hit the notification bell
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so we can keep providing you great educational content for free
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and stay till the end.
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Because I have
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one extra step you make on this
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Number one, real estate investing.
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If you’re already familiar with the wholesaling game,
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investing for cashflow should be a breeze by the property fix it up a little.
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Find some renters.
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Work with a property management company and voila, you’re earning a few extra $100
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a month on multiple rentals and you can just sit back and watch
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while the cash comes in.
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But remember, make sure you run the numbers first.
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If the property doesn’t cashflow, it’s not worth your time running
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the numbers basically means making sure the amount of money you spend on things
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like mortgage repairs and property management are less than the rent income.
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Number two, property management.
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This one’s great.
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If you plan to flip homes or own rentals in any capacity,
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you’ll understand the typical cost of maintenance, upkeep, renovations,
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plus you’ll gain experience finding and managing tenants.
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And it’ll give you a good idea of what tenants are looking for in a property.
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Number three, house hacking.
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If you are a newbie listen up.
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This is a great way to get into the real estate business with little or no money.
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House hacking is when you buy a property and rent out a piece of that property
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to someone else.
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It could be a duplex or a townhouse or even just renting a room
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on your current property.
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If you rent out a portion of the property for enough money,
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you can live in the other half completely for free.
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It’s a great way for someone else to fund your first investment deal.
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Number four, Airbnb Management.
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This one is more of a true side hustle
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because you get some of the same experience as a property manager
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while having the benefit of a flexible schedule.
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There are a bunch of different deals that you can strike with an Airbnb owner
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including making sure the residence is clean and tidy for the next guests,
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or marketing the Airbnb for a percentage of the income you generate.
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You could always choose to rent your own property as an Airbnb,
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but obviously that takes more time and energy.
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Number five wholesaling.
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Did you think I forgot?
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Wholesaling can obviously be a full time job, but it can be a great side.
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Hustle to wholesaling is when someone contracts a home with a seller.
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Usually it’s a distressed property
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and then they shop that home around to potential buyers for a profit.
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The great thing about wholesaling is that you don’t need a ton of cash
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to get started.
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Obviously some of these are more full time jobs than they are side hustles,
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but it’s about the amount of time energy and money you’re willing to put into it.
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And in the end you’re going to have a lot more experience
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and meet some great contacts who can help you along the way.
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Now here’s my final tip.
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If you want to get into the real estate business,
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you need to have a way to generate leads and a place to manage your lists.
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You have to find sellers to get started.
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And lucky for you, batch leads as an all in one platform
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for wholesalers, real estate investors, house hackers, you name it.
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It has all the MLS property and property owner information.
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You need.
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And right now, you can get started for free with the seven day trial.
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Just click the link in the description below.
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Thanks, everybody.
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I’m Amy for Batch TV If you like this content, you can help us
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create more by liking subscribing and hitting the notification bell.
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And don’t forget to check out our webinar so you can get more tips and tricks
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And don’t forget to check out our webinar so you can get more tips and tricks
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on how to use BatchLeads for your business.
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We’ll see you next time.