Personal Finance

16 Side Hustles to Help Save Money for Your First Deal

Expertise: Personal Finance, Personal Development, Real Estate Investing Basics, Landlording & Rental Properties
59 Articles Written

Do you know why most people cannot invest in real estate? It’s because they don’t have the money.

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Are you one of these people?

Are you dying to get in but don’t have the funds to do so? You may have fully optimized your spending, but let’s be real—you can only save so much.

Ideas on how to get into your first real estate deal have run through your mind. Perhaps you’ve thought about wholesaling, flipping, or using other people’s money (OPM).

Unless you plan to dedicate 100 percent and make this your full-time job, I would advise against these strategies, as they can be quite time-consuming and may take away from your current job.

Instead, I would advise that you continue to pinch your pennies and look for easier ways to generate additional income—ones that are relatively easy to do for a short period of time and will generate just enough to get you the cash for that first down payment.

Related: 5 Ways to Generate Extra Income Beyond Real Estate Investing

There are a plethora of options in this arena, but I am going to provide 16 side hustle ideas that you can start and monetize in the next 30 days—so you can be on your way to rapidly saving for that down payment.

These side hustles are geared toward someone who is young and hungry but has yet to do their first deal. His or her time would be best spent at this point hustling to stockpile money in their savings.

As a result, these may be low dollar-per-hour tasks. I am certainly not suggesting you do these forever—just until you have obtained your first property or can find a higher dollar-per-hour task.

So, here it goes!

1. Drive for Uber or Lyft

Driving for Uber or Lyft is the most obvious side hustle. Turn your car into an asset while familiarizing yourself with the city and networking with the passengers. You’ll be surprised that you may find a property that you are interested in—or meet the newest member of your team.

I actually did this for about three months and would make an extra $1,000 per month while also getting to know Denver. Fun fact: I actually found the woman who cleans my Airbnbs through driving for Lyft.

Driving a modern car on the road.

2. Rent Your Car on Turo

I’m not the biggest fan of driving, which is why my career with Lyft was rather short. I decided that I’d rather make slightly less money but have all of my time back by turning my car into a semi-passive income stream by renting it out on a site called Turo.

Turo is essentially the Airbnb for cars. It works great, and depending on the type of car you have, it can put a couple hundred dollars in your pocket each month.

3. Airbnb Rooms in Your Apartment (If Your Landlord Allows)

Be sure to check with your landlord, but if you have an extra room in your residence and live in a semi-desirable area, try renting an extra bedroom (or even your couch) on Airbnb.

I rented my bedroom out while sleeping on a futon behind a curtain in the living room. The results? My savings were boosted an additional $1,200 per month and I met some cool travelers from all around the world.

4. Walk Dogs on Wag or Rover

These days, more and more people are  treating their dogs like humans. Dogs wear clothes, shoes, and even have their own car seat. I can’t wait until dog owners start sending their dogs off to doggy college.

Related: 7 Creative Ways to Earn More Money from Your Rental Properties

Anyway, the point is that people love their dogs and they don’t want them cooped up inside all day while they’re at work or on vacation. So, what do they do? They will pay you ~$20 to come in and take their dog for a 30-minute walk.

If you’re a dog lover, this one might be a no-brainer.

5. Bicycle Taxi

Have you ever seen those folks on bicycles towing a couple through downtown or around after a baseball game? Those bicycle taxi drivers with the huge legs actually make decent pay for a side hustle.

If you live in the city and don’t mind spending some of your nights and weekends riding your bicycle, this could be an attractive side hustle option for you.

6. Assistant to a Real Estate Agent

Are you just getting started in real estate? Do you want to learn a whole bunch in a short amount of time while getting paid for it? Would you like to gain a mentor in the process?

If so, go on Zillow and look for some of the top performing agents in your area. I bet more than anything they are extremely busy and are going to need some assistance. Reach out and ask if they are looking for an assistant. You will receive a lot of noes, but keep asking. All it takes is one yes, and you’ll have yourself a paying real estate job (albeit low-paying) while learning from one of the best in your area and making connections.

7. Waiter/Bartender on the Weekends

If you are looking to rapidly save money, becoming a waiter or bartender on nights and weekends might be a great way to get started. This is a double win. Not only will you make lots of money, but you’ll be doing it during a time when you’d likely be spending a significant amount of money. Each night you bartend, you replace high spending with high earning—although you likely will not get many high-value networking opportunities being a waiter or bartender.

8. Handyman/Mow Lawns

If you are confident in your handyman skills, try selling these skills on Craigslist, TaskRabbit, or other sites. You’ll be amazed at how many people will pay someone to change a light bulb or mow their lawn.

If you are ever planning to do a rehab yourself, this is a great way to gain experience and confidence while also generating some additional income.

9. Take Surveys Online

While not a great use of your time given that you won’t make a whole lot of money and you won’t learn much, companies pay people to take surveys for them. Swagbucks is one of the most popular, but others include Toluna, OnePoll, and MySurvey.

I would recommend only doing this in down times, such as when you are watching TV.

10. Start a Blog

You are about to embark on a journey down the path less traveled: The road of financial independence through real estate investing. Why not document the journey? Let your friends and family know what you’re doing, why you’re doing it, and the frame of mind you are in.

A couple of years down the road, when you are much more experienced, your blog will likely help and motivate others. Who knows? It might even be thousands of other people, in which case you can monetize it if you’d like.

11. Tutor

What was your favorite subject in high school? I’m sure if it was your favorite, it was because you were pretty darn good at it.

Guess what? There are loads of kids having lots of trouble learning the stuff that you are good at and there are twice as many parents willing to pay someone to get their kids up to speed.

Why not monetize your math, history, or English skills? If you live in a culturally diverse area, this can include teaching non-English speakers how to speak English.

12. Babysit

Babysitting is a great way to make extra money. I’ve never been paid to babysit, but the people I know who have seem to get paid a decent amount of money. Depending on the kids and time of day, it can be a relatively easy job. If all it takes is putting them to sleep, then you’ll have time to listen to a podcast, read a book, or work on other side projects.

Heck, maybe even the parents you’re babysitting for are involved in real estate and you might be able to get some good networking from it.

13. Clean Houses

One thing that many people dislike doing is cleaning. You know what that means? There’s a good chance that they will pay someone else to do it. Do you know who that someone is? It’s you!

clean-rental-property

Get a few clients and clean their houses once or twice a month. Depending on the size of the house, you’ll likely be able to make $60 to $100 per house. If it takes you three to five hours per house, that’s a $20-per-hour job. Not bad for one of your first side hustles!

14. Become a Freelance Writer

If you are a good writer, there are a lot of people who have great content but do not have time to write the articles. I promise that I write my own articles, but do you think guys like Tim Ferriss and Gary Vaynerchuk write their own articles? Probably not. They probably hire someone to do the writing so they can still provide quality content while doing bigger and better tasks.

You can be a writer for one of these people—that is, until you move on to bigger and better tasks.

15. Give Music Lessons

Do you play an instrument? If you do, I’m sure you enjoy playing it. Whatever instrument that is, I’m sure there is a whole bunch of people who play worse than you but want to get better. Teaching music lessons is a great way to do something you enjoy while teaching others—and again, potentially networking!

16. Become a Local Tour Guide

If you’re going to be investing in real estate, it might be a good idea to have knowledge of the area you want to invest in. Assuming that this is where you live currently, what better way to really know an area than to give guided tours?

Not only will you learn a lot about the neighborhood, but you’ll likely be meeting 25 to 30 people. While on the tour, in between stops, try to make your rounds and let everyone know what you do. Perhaps they can help you or you can help them?

As you can see, there are an infinite amount of side hustle opportunities, many of which are not mentioned in this list. My suggestion is to pick one where you think you can get the most additional income and personal growth so you can purchase your first property.

Remember that this is not a job you will hold onto forever, it’s just for a couple of months or years until you’ve saved enough for that down payment. Once you feel like your time can be better spent elsewhere, do it!

Until then, head down and get to work! Remember, saving the first $20,000 is the hardest part. My challenge to you is to do it in two years.

Ready… GO!

What side hustles have you used successfully?

Share them below!

Craig Curelop, aka thefiguy, is the author of The House Hacking Strategy and a driven pursuer of financial independence. Starting with a net worth of negative $30K in 2016, he has aggressively saved and invested to become financially independent in 2019. From sleeping on the couch and renting out his car, he was able to invest in three house hacks in Denver, a flip in Jacksonville, and traditional rental properties in North Carolina. He plans to continue to invest in both Denver and Jacksonville for years to come. Craig's story has caught the attention of several media outlets, including The Denver Post, BBC, Money Magazine, and many other real estate/personal finance podcasts. He hopes to inspire the masses to grab hold of their finances and achieve financial independence. Follow his story on Instagram @thefiguy!
    Charlie Nicholas from Long Beach, California
    Replied almost 5 years ago
    Thanks for the post. I was unaware of the book. I just ordered it and am looking forward to reading it. You might enjoy Who Built That by Michelle Malkin.
    Josh Jenkins Rental Property Investor from College Station, TX
    Replied over 2 years ago
    I would like to add to the list. Get a real estate license and become a leasing agent. There is no better way to learn about leasing market than getting in there and leasing properties. It is a great way to see how property management companies run their operations, learn market rates, and decide if its something you want to do for yourself (or if you hate it and want to hire it out). I would say the same thing goes for becoming a property manager. You can learn a lot and build relationships with vendors and owners. I feel like there are ways to be more involved in real estate even if you don’t have the money to be an investor. I wish I had been more involved earlier in my investing. I am sure many investors would say the same thing.
    Ty McAllister Real Estate Agent from Fort Worth, TX
    Replied over 2 years ago
    This is exactly what I am doing. Love this advice. I desperately wanted to get started with real estate investing, & I decided that I would line up my funding source with my end-goal. Should be taking my exam in the next month!
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 2 years ago
    Thanks for the contribution, Josh! Yes these are all great ways to get involved. I have my real estate license as well. Though, I just use it for my own deals and to refer people to agents that may not be able to find one that is suitable for them.
    Katie Rogers from Santa Barbara, California
    Replied over 2 years ago
    People throw out that “get a real estate license” advice pretty freely. You cannot complete the process of getting a license unless you can find a broker to take you on.
    Dave Rav from Summerville, SC
    Replied over 2 years ago
    Yes, and other hurdles. Such as: – having 10-20 days to take (and pay for) courses – pay for and pass the exam – “paying your dues” once licensed. I mean this figuratively, as you typically give up a good spread of commission earned for the first 6-12 mos to that broker you mentioned
    Ty McAllister Real Estate Agent from Fort Worth, TX
    Replied over 2 years ago
    You can take self-paced online real estate courses on your phone. It’s 180 hours in Texas, so it takes a little while if you can’t commit a whole lot of time to it. Also, here in Texas, I registered for all of the coursework for just south of $500. Also, since I’ve started coursework, I’ve met with 6 different agents/brokers who have tried to get me to join their team. I haven’t even tried to meet them, it just happens. Brokers need agents, just like agents need brokers. An agent’s success is a broker’s success too. Don’t count it out too easily, even if you don’t do it full-time!
    Nathan G. Real Estate Broker from Cody, WY
    Replied about 2 years ago
    Whether you think you can or think you can’t, you are right.
    Jerry Minney
    Replied over 1 year ago
    I took my broker classes at a community college in evenings over a 6 month period while working a full time job and raising three kids. Cost was low at community college and I studied on my lunch hours and week ends. Got my license, built a brokerage, made good income then sold my business 18 years later for $350,000. Now, I'm am full time investor/developer and hire Realtors to work for me. Just do it and don't look back.
    James Gorman IV Investor from Gig Harbor, Washington
    Replied over 2 years ago
    I suggest adding: Working for or with one or more investors as a “bird dog” searching for off market RE properties.
    Mora Clark Rental Property Investor from Boston, MA
    Replied over 2 years ago
    Good point! But how do you find one that are looking help 🙂
    Lee Ripma Rental Property Investor from Los Angeles, CA
    Replied over 2 years ago
    How about flip houses? That will generate more money than any of these 😉
    Ashia W.
    Replied over 2 years ago
    Yes, but… you have to have money to flip a house.
    Dave Rav from Summerville, SC
    Replied over 2 years ago
    Yep!
    Dave Rav from Summerville, SC
    Replied over 2 years ago
    @Lee Ripma Plus, the title of the blog was how to make $$ to save for your *first deal. You’re idea implies already doing the deal. I believe the author meant hustles to save up to prepare for getting started in REI. Non-deal related
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 2 years ago
    Lee, flipping houses definitely will make more money than any of these. The ideas in this article were meant to be low barrier to entry ways such that almost anyone can pick it up and do it within a short period of time.
    Dave Rav from Summerville, SC
    Replied over 2 years ago
    Great tips! I esp liked Renting car on Turo and the job mowing lawns. Another hustle is selling items on FB marketplace, OfferUp, or one of those Mom swap sites. After selling all your personal items you don’t need, you can actually buy and resell items. (I’ve never done the buy n resell, but know someone who did and made a few bucks)
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 2 years ago
    Not a bad idea, Dave! I actually might do this with some of the extra stuff I don’t need.
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 2 years ago
    Not a bad idea, Dave! I actually might do this with some of the extra stuff I don’t need.
    Kevin Moules Rental Property Investor from Turlock, CA
    Replied over 2 years ago
    Good article Craig! Side hustles are a great way to save money for your first property. I started my handyman business 2 years ago part time and now have made enough for a down payment. Just need to find that first deal!
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 2 years ago
    Nice Kevin! Congratulations! Looking forward to hearing what you end up with on your first deal…
    Ben Kudisch from Wayne, New Jersey
    Replied over 2 years ago
    One thing that I would add to number 6 is that, if you are able to get a ‘Yes’, then to look into becoming a loan signing agent as well. It’s pretty cheap and easy to become one and you’ll be able to get tons of direct business through either the real estate agent you’d be working for or the connections you make, or both.
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 2 years ago
    Great advice, Ben!
    Kenny Anderson
    Replied over 2 years ago
    Great Advice!
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 2 years ago
    Thanks, Kenny!
    Christine Coleman
    Replied over 2 years ago
    Nice list. I’m going to look into putting my guestroom on Air BnB.
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 2 years ago
    Thanks, Christine! AirBnb is definitely a really god way to make some extra income without ALL that much work.
    Conn Hutzell from North West Arkansas
    Replied over 2 years ago
    I got a job as a Ghost Tour Guide here in town before I read this. You dont have to be young, RE is going to be the second half of my life career. I used to make extra cash ‘winterizing’ houses before the cold hits… plastic on windows, water hoses up, gutters cleaned etc.. Got really good tips and food from some of the older folks!
    Conn Hutzell from North West Arkansas
    Replied over 2 years ago
    I got a job as a Ghost Tour Guide here in town before I read this. You dont have to be young, RE is going to be the second half of my life career. I used to make extra cash ‘winterizing’ houses before the cold hits… plastic on windows, water hoses up, gutters cleaned etc.. Got really good tips and food from some of the older folks!
    Shawni McMichael from Montrose, CO
    Replied about 2 years ago
    I’m looking into becoming a signing agent. Colorado doesn’t seem to require certification for It, just that you’re a notary public, but would you recommend taking a certification course?
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 2 years ago
    Ghost Tour Guide? That sounds pretty cool!
    Shawni McMichael from Montrose, CO
    Replied about 2 years ago
    I’m looking into becoming a signing agent. Colorado doesn’t seem to require certification for It, just that you’re a notary public, but would you recommend taking a certification course?
    Amy Ferguson Real Estate Agent from Kailua Kona, Hawaii
    Replied over 2 years ago
    I have a RE License, but soon to go inactive…I invest in vacation rentals that pay for my mortgages. I have house in Kona, Las Vegas and am looking for a “winter” venue… And to be honest I make a lot of $$ as a private chef anywhere in the world my clients want me to cook…It’s great being semi retired!
    Martin Toomey from Lake Havasu AZ
    Replied over 1 year ago
    Check out Lake Havasu AZ
    Byron Alcid Rental Property Investor from Saint Augustine, FL
    Replied about 2 years ago
    Great suggestions thank you!
    Bill Wilson from Longview, Texas
    Replied about 2 years ago
    I’d be careful venturing into the handyman business. The seasoned pros are able to provide hard quotes after asking a few questions since that’s what homeowners want to hear, not a hourly rate. That gets the pro’s on the property where they can adjust the price either way then look around for ways to sell-up the job. One also needs to check with the local building codes about doing any plumbing and electrical work. It’s not uncommon for licensed contractors to rat on unlicensed handymen. One also runs the risk by being sued by the property owner if your work on the mechanicals fails or the component itself and their insurance carrier denies their claim because the work was done by an unlicensed contractor that didn’t carry completed operations insurance. I knew two men that sold and installed a popular undersink water filter that only required a saddle clamp valve to tap a pipe for water. They did that for years until one batch of filter housings began splitting down the side and flooding houses. They were sued by a few homeowners whose claims were denied and by a few insurance companies who paid the claims then went after the installer and manufacturer for reinbursement. Their lawyers had them pay the rejected claims since those costs would be less than their estimated fee to fight them then defended them against the insurance companies since they were going after everyone that made a component for the filter. The two lost all the money they made on the filters and then some. I carried completed operations as a painting/remodeling/repairs contractor and only used licensed contractors that had the same that did my HVAC, electrical, plumbing and roofing. It came in real handy three times when I got a notice about being sued for defective work supposedly done by me or the other contractors. I just turned the notices over to my insurance agent and went back to work. Got calls later on from my agent saying I was in the clear and my rates never went up. One side racket that’s easy to do and profitable is to haul away broken down appliances and gas powered yard equipment, especially if you can charge a nominal fee for the service. I did that for 30 years while painting since that enabled me to meet prospective customers along with latching onto appliances and lawn tractors/mowers that usually had something minor wrong that was cheap and easy to repair. Sears Appliance Service and lawn-garden equipment shops made that possible by giving crazy high repair estimates. A simple VOM meter and compression tester are the only special tools you’ll need for those and most area appliance parts stores are as cheap as the online outfits. Pick them up Saturday, get the parts Monday and fix it that night. Place an ad for those with pics on CL Tuesday and if priced right, will be sold before the weekend. Weekend side work is the best if you work Monday thru Friday. Then you can do several small jobs from 7am to 7pm Saturday and Sunday if the customer doesn’t mind. I’d stay away from lawn care and do what they won’t do, such as cleaning out rain gutters, trimming low hanging branches by roofs and eaves, cleaning mildew, algae and grunge off houses, decks, fencing and flat concrete. There’s a few websites such as homewyze that’ll show how to price those jobs in your area by entering the job’s zip code along with a general idea of the materials and tools needed. The best neighborhoods to find work in first are retirement communities since the folks are old so usually have one story houses and have an active interest in keeping their property up thus it’s valuation just in case they’ll have to put it on the market.
    Eric Carr Real Estate Broker from Los Angeles, CA
    Replied about 2 years ago
    It’s great to see people becoming aware and giving dogs what they need! Awesome note here!
    Becky Kromminga from Katy, TX
    Replied over 1 year ago
    @Mora Clark - to find investors who want help, just go to a couple of your local networking events. I can't think of any investors I know that would NOT be willing to pay for a lead that leads to a deal!
    Valerie Cudnik
    Replied over 1 year ago
    Start a blog? That has no business on this list, it's not a money-making venture. Boo! Take it off the list and add something where someone can actually make money -- even if it's cleaning houses in one's spare time, which pays very well, and generally better per hour than Uber or Lyft in most markets.
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 1 year ago
    Hi Valerie, I am sorry if you disagree here. I have loads of friends that make money on their blog. Their passion is to write and to write about things they love. They started a blog and it is funding almost (if not all) of their expenses. It does take time though.
    James Evan Newton from Charlotte, NC
    Replied over 1 year ago
    I would add reselling items from yard sales or craigslist on eBay/Amazon or even FB marketplace. I've made 6 figures by doing this, funding my first investment in real estate via partnering on an apartment complex, and the purchase of 21 acres of land near Charlotte, NC.
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 1 year ago
    This is awesome! Yes another great one to add.
    Tyler Ford Real Estate Agent from Tucson, AZ
    Replied over 1 year ago
    Challenge with many of the things on the list is you are still exchange hours for dollars and not leveraging your time creating additional income streams. How about getting your real estate license and hang your license with eXp Realty and build your revenue share creating a residual income stream that could be substantial.
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 1 year ago
    There is an idea too, Tyler. The problem with that is that it is an extreme time commitment. Not saying it's not worth it, but some people want to start making additional income now. The problem with wanting it now is that you will likely exchange hours for dollars. That is okay when you are first starting out. Though, I agree. Eventually you want to do something that can be passive.
    Nyaisha Cummings
    Replied over 1 year ago
    I have been trying to wholesale since August now and OMG im just so over it, between the people that want top dollar and the people holding on to crap because of sentimental reasons im so over it. I was literally just thinking about other ways to come up with money for rentals. Has anybody ever acquired alot of properties through tax deeds. You do have to use your money but it seems a little easier than wholesaling.
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 1 year ago
    Wholesaling is a very hard business to get into, Nyaisha.
    Ciara Bujanos
    Replied over 1 year ago
    Hi I was wondering how you are able to have multiple airbnb's in denver with their restrictions on the property having to be your primary residence. Is there a work around?
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 1 year ago
    Ciara, the short answer is no. You are not. If they catch you, it is a slap on the wrist. If they catch you again, it is a fine and potentially a feloney (crazy I know!). Many people take the risk until they get that metaphorical slap on the wrist.
    Mary George from Philomath, Oregon
    Replied over 1 year ago
    Have you read Rich Dad Poor Dad?! He tells you straight out, Network mktg is the best way to Leverage YOU! I've been a Health coach with a very successful company for the past 9 yrs. About yrs 3, With some hard work and a great team I leveraged my time to begin generating enough income to get back in to real estate investment. We started with flipping first, and are still doing that , but also keeping some for airbnb''s and traditional rentals. in the last 2 years we've done 16 deals, BRairbnbR or BRairbnbS or Buy Rehab Sell.. It's been fantastic and I can say the cool thing about a great network marketing company.. the money keeps coming!! I'm surprised you didn't add that to the list.! it's the fastest way to create wealth!
    Nicholas Bogle Real Estate Agent from Kingston, Jamaica
    Replied over 1 year ago
    I was wondering how i didn't see MLM in the list, but i'm glad you mentioned it. I just got started and is planning to employ the same strategy. Thank you for being an example.
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 1 year ago
    Thanks for the contribution here Mary! It didn't make my list because at the time of writing, I didn't know anyone who successfully executed a MLM strategy. If this works for you and you believe in it, awesome!
    Melissa Shea Wholesaler from Shirley, NY
    Replied over 1 year ago
    Great list. I would add sales to that list , Such as Mary Kay or any creditable MLM product. They usually offer great training on how to sell and run and grow a business which are great skills to use in a real estate investment business all the while saving money for a down payment on your next investment property.
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 1 year ago
    That is a great add. Thanks Melissa!
    Diana Malave from 12203
    Replied over 1 year ago
    I came across your interview on the BiggerPockets Youtube and I immediately got the book. I cant wait to put your house hacking ideas to practice. Thanks for the side hustle tips!
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 1 year ago
    No problem Diana! Thank you for purchasing the book. I sure hope you enjoy it!
    Julien Moineau-Vallée Investor
    Replied over 1 year ago
    Pointless article.. how about one simple and effective way: "get a job and spend less than what you earn" Repeat until a downpayment is saved. Simple as that thank you.
    Craig Curelop Real Estate Agent from Denver, CO
    Replied over 1 year ago
    Julien, why don't you write an article on side hustles and say exactly your point here? I'd love to see the feedback.
    Tim Haenn Rental Property Investor from Downingtown, PA
    Replied over 1 year ago
    i can feel the love @ julien
    Abbi Gail Brannan
    Replied over 1 year ago
    "Flipping, that is where the real money is." Not according to Clark Howard. Clark is a radio personality, who helps in finance, so that people do not get ripped off. When a listener called in and said, I want to flip houses, Clark said, Buy and hold, That is where the real money is. He meant as in rental property. It can be a win, win, as you get the rental money and you are always, in a good R.E. area, of course, building equity and in some areas the equity is increasing at over 5% up to 12% and those are nice equity that a beginner invester can achieve. But if a person likes flipping, "Go for it"