Indianapolis, IN · Member since 2016 · 16 posts · 16 votes
I should have my realtor license in a couple of weeks but I am more interested in investing then being a superstar realtor. So this is my question:
What are some suggestions on ways to bring in some money while you build a pipeline or "deal flow" regardless if your looking at wholesale, flips, buy & hold, or building clients through realtor work?
Ideally, I would stay in the general real estate space but totally open minded with any suggestion. If I was not getting my mortgage paid through Airbnb rentals and have some reserves I would be SOL.
If you're handy, you could try looking for odd jobs helping with fixing local properties. You may even meet local REI in the area while doing the jobs. It could also give you an idea time consumption and costs of certain repairs. If you are not handy, odd jobs for helping with moving or other may be a good way to go. It might give you a chance to talk to people in the neighborhood about their experience living in the area.
There are a lot of ways to earn extra money if you are willing to put in the work. If you really are tight on cash, looking outside the real estate space may be a good option. But there way to be creative in the real estate space with low or no money. You just have to be willing to hustle and figure out what works for you. Good luck!