Ideas Making Side Money To Get Into Real Estate? - Starting Out

[Matthew Runfola]

Hello,

Really could use some suggestions here. I read a few blog posts about it, but still I am trying to get into real estate with limited funds while working a 9-5 M-F job. So I want to figure out how to make an extra couple hundred bucks a week in something real estate related so I can get exposure and some new experience while not having to jump in the deep end, and can do something part-time. Before you tell me to go drive for Lyft or Uber, I currently cannot because I have an old car because it's paid off. 

Ultimately, I rather do something to get my feet wet of getting into real estate, and at the same time make a few extra dollars. I read one article that suggested getting a RE license and then pursue BPO cert? Any suggestions outside of donating blood are most welcomed. I figure if I could consistently chip away at something that makes extra income and just save it all then I could put something together in a few years. Also presently house hacking is not an option. Thank you for any suggestions. 

-Matt

[Com M.]

We are in a very similar boat!  I work in Newport Beach but live 2 hours away in the valley just to save and invest. Even after that it is so slow moving it can drive you crazy!  

Really it depends on your time available, life skills, and drive but just a few ideas off of the top of my head:

• Had you looked into freelance work? Like signing up for elance or upwork where you can do writing, blogging, assistant work in real estate, etc
• Many in this business are wholesaling and driving for dollars on the side, in the areas they plan on investing in. 
• Etsy and Artfire selling hand made or custom items
• Ebay stores selling items you find in your area that others can't find or get easily
• Create a blog discussing something you are good or passionate about for advertising income
• Start a youtube channel for advertising income
• Start a services based business doing something you are good at and advertise on Craigslist
• Check the Craigslist gigs area for one time quick gigs you can get that work around your schedule
• Uber or lyft as a driver
• House hack, or buy a house and rent out all but your room
• While saving move your money from bank to bank to gain their 3 or 6 month bonuses like $300 bonus for holding your money in their savings for 90 days, then move it to the next bank offering that.
• Sell everything you are no longer using
• Sell photographs to stock photo websites like istock, depositphotos, etc
• Buy pallets of overstock/returns to ship and have Amazon sell
• Build websites for companies using wordpress
• Offer to maintain the social media for all business owners you know, and take a monthly fee for some extra facebook and twitter time.
• Become a long distance digital assistant for some REI investors that need you to analyze deals, juggle calls, etc allowing you to learn along the way

Of course any job working in the industry you are looking to get into like an working with a realtor, investor, broker, mortgage agent, etc would be preferred since it gives you further advantages in future investments.

Let us know what you decide to do!