{"id":79188,"date":"2016-07-28T16:30:28","date_gmt":"2016-07-28T22:30:28","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=79188"},"modified":"2021-03-16T12:05:18","modified_gmt":"2021-03-16T18:05:18","slug":"2016-07-28-5-side-hustles-real-estate-wholesalers","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2016-07-28-5-side-hustles-real-estate-wholesalers","title":{"rendered":"The 5 Best Side Hustles for Investors Growing Their Wholesaling Business"},"content":{"rendered":"

When you’re starting out in real estate, typically when you jump in full-time, you need a little extra cash to cover your bases as you grow your business.<\/p>\n

I know it can be extremely hard to figure out exactly how to generate that income while busy\u00a0pursuing real estate, so I wanted to help. The first year I worked in my wholesaling<\/a> business, I had to work a second job in order to make it all happen, and though it was tough, it was way worth it!<\/p>\n

For today\u2019s post, I thought I\u2019d go over my top five choices for \u201cside hustle\u201d income. This means money you can make with very minimal time and effort to support you, while you pursue your real estate dreams.<\/p>\n

So with that, let\u2019s do it!<\/p>\n

The 5 Best Side Hustles for Investors Growing Their Wholesaling Business<\/h2>\n

1. Driving for Uber<\/h3>\n

\"driving-for-dollars-hack\"<\/p>\n

Did you know that some Uber drivers can make upwards of $200+ per day? It\u2019s crazy! Now, it totally depends on your area, but if you live close to a major city, chances are you can get signed up with Uber and drive one to three times a week and make all you need to get by as you grow your real estate business!<\/p>\n

This is great time for you to check out the latest BiggerPockets Podcast<\/a> episode and educate yourself with audiobooks. It\u2019s flexible, and if you’re in the right city, you can make really decent money.<\/p>\n

2. Freelance on Upwork<\/h3>\n

\"wholesaling-tools\"<\/p>\n

In real estate, we develop many business skills like sales, marketing, organization, social media, etc. Did you know that you could get hired on your own terms with that knowledge?<\/p>\n

Freelancing is an AWESOME way for you to make extra cash on the side. Almost any skills you have with business or technology can be used to help someone out there!<\/p>\n

Sometimes, you may even find other real estate investors on there who, in exchange for work, might be able to mentor<\/a> you! It\u2019s definitely worth checking out.<\/p>\n

Related:<\/strong> 7 Sharing Economy Side Hustles Real Estate Investors Can Use to Earn Extra Cash<\/a><\/em><\/p>\n

3. A\u00a0Job in Real Estate<\/h3>\n

\"work-with-wholesalers\"<\/p>\n

Next would be to get a job in real estate, preferably with a real estate investor. A lot of established real estate investors are looking for ways to grow, scale, and outsource their business. So, if you can find someone who needs something you can provide, you\u2019ll be getting paid to learn your dream! Can\u2019t really get better than that.<\/p>\n

4. Sell Stuff on Craigslist<\/h3>\n

\"craigslist\"<\/p>\n

Another option would be to sell things on Craigslist, but not only your personal items. Depending on the market, you may be able to find a lot of highly valuable stuff in the \u201cfree\u201d section on Craigslist, pick those items up, and then turn around and sell them back on Craigslist!<\/p>\n

Someone who works at my company had a pastor friend out in California who used to make $3-4,000 extra a month doing this! You may have to get creative. But even if you invested some capital to go to a few thrift stores or garage sales to pick up inventory, if you play your cards right, this could be a very cool little side business.
\n
\nRelated:<\/strong> 5 Ways to Make Enough Side Money to Eventually Quit Your Job<\/a><\/em><\/p>\n

5. The Dreaded Part-time Job<\/h3>\n

\"wholesaling-mistake\"<\/p>\n

Now, I saved this one for last because it\u2019s probably the least popular. There is no shame in working a part-time — or even full-time job — while\u00a0growing your real estate business.<\/p>\n

It\u2019s tough, but it can be done. Delivering pizza or working at Starbucks may not be glamorous, but if the sacrifice gets you to where you want to be, it is SO worth it!<\/p>\n

Are there any other \u201cside hustles\u201d you\u2019d add to this list? <\/em><\/p>\n

Share them in the comments section below!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Growing your wholesaling business will take money. These side income streams will help you get there without sucking up all of your time!<\/p>\n","protected":false},"author":12142,"featured_media":79222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5526],"tags":[],"class_list":["post-79188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-wholesaling"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/79188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/12142"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=79188"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/79188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/79222"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=79188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=79188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=79188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}