Anyone have an e-commerce side hustle in addition to real estate?

Anyone have an e-commerce side hustle in addition to real estate?

Rental Property Investor · Brooke Park Drive · Member since 2018 · 1k+ posts · 2k+ votes

It seems like e-commerce and real estate have a lot of similarities, buying cash flowing assets, escaping the 9 to 5.  Anybody on BP care to share if they have had any success or failures in that space.

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  • Hagerstown, MD · Member since 2017 · 8 posts · 0 votes
    8y

    I may be able to help you with this aspect 

  • Municipality Of Concepcion, MIMAROPA · Member since 2016 · 57 posts · 4 votes
    8y

    none yet, but I was thinking of doing one

  • Olathe, KS · Member since 2018 · 148 posts · 207 votes
    6y

    There are a lot of similarities between real estate and things like affiliate websites.  Both take upkeep in order to keep the money coming, and there are things you can do to really increase the money income.  One of the big things though is that it's really hard to get lending on websites which leads them to have a much lower multiple...so you can buy websites for like 30x monthly earnings (a website that makes 1k a month will cost $30k).  If you know what you're doing, you can make a lot more money faster with websites than you can with real estate.

    People flip websites just like they do houses.  The problem is that websites are a lot more risky than houses generally because of google penalties, hackers, etc.  There are a lot of sites that have had their traffic reduced by 1/2 overnight from google.  

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