How Would Some Extra Cash Change Your Real Estate Investing Strategy?


I’m going to be completely honest here on BiggerPockets and I’m asking you to do the same.

More often than not, my really good friends make comments like:

“Jimmy, you are the most unsuspecting guy I know…”

“Jimmy, you’re fun to hang-out with, but you’re a little weird…”  etc….

Occasionally, I’ll just do something really weird just to shake life-up.  Get out of the routine. For a week now, I’ve been thinking about an October challenge. My October challenge is two-fold:

  1. Get some extra cash in my pocket
  2. Get in-shape

This is what I have to do:

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My Two October Goals


  • Workout AND
  • Make Extra Money

For working out, this can be as little as working out for 1 minute. I’ll probably just be doing push-ups, running, cycling, kettle-bell swings, etc – but I’m not going to document the working out, mostly because that’s boring.

I will, however, be documenting the extra money goal, and the daily minimum is 1 cent.  I already have a spreadsheet ready!

Do you struggle with sticking with goals?  Jerry Seinfield has a great tip: Have a big calendar and make a BIG RED X everyday you accomplish this goal.  The longer you go, the more incentive you have to accomplish this goal.

Ideas for Making Extra Cash

I need BiggerPockets’ readers to help though in two ways:

1) I want some ideas to make extra cash!

I have already written a blog post about some odd ways to make extra cash, and have some listed below.  Could you help me and give me some extra things I can do for some extra cash in the comments?

2) I want you to join the challenge!  Christmas is just around the corner and even if you don’t have family there are some great causes to give to.  Let me know in the comments section and I’ll keep track of everyone!

Here is my list of extra cash-generating activities:

  • Raking leaves
  • Recycling aluminum cans
  • Selling Books on Amazon
  • Selling Blank Books – my book
  • Sharpening knives
  • Google Analytics Consulting
  • Photography
  • Pressure Washing
  • Haul trash away
  • Affiliate sales
  • Clean Gutters
  • Sell odd stuff around the house

Please let me know what extra stuff I can do to make some extra money!  I need some more ideas!


About Author

Jimmy Moncrief is a bank underwriter and real estate investor. He blogs at where he talks about all things real estate. He also is the creater of free evernote templates for BiggerPockets members to learn how to better organize and automate their real estate investing.


  1. Hello Jimmy,

    I like this concept. I, too, am looking for ways to earn some extra cash, lol! I’ve thought about donating plasma. I actually drove to the plasma facility and turned around because I was caught off guard by the number of people waiting in line to give, lol! I had the bright idea to try it again, but this time I went at a different time and walked inside only to be told that they were extremely busy and could not take anymore individuals. Needless to say, I have not been back yet. The receptionist was nice enough to tell me that their doors open at 7 am and I should try to arrive around that time. I forgot to mention that I arrived the first time at 7:30 am and the second time around 3 p.m. lol!!!

    In any event, I decided to try selling gift baskets through a direct sales homebased business opportunity. As you stated, Christmas is around the corner (paraphasing) so the extra cash will come in handle and I am hoping others will want to purchase gift baskets for their friends, coworker, teachers, bosses, etc. I’m sure this is not what you had in mind so because this business venture will take a lot of time and effort, but I think I will enjoy it. Also, I was thinking this could be a great way to generate some seed money to purchase my first rental property.

    Thanks for writing this article and I hope others will contribute by providing more ideas.


  2. I was going to say plasma too but saw that Sheryl already mentioned this. There maybe clinical studies you can do for a few days that can pay a pretty penny. If you have neighbors with pets, you can ask to walk their dog for them or baby sit their kids.

    But I think the best idea is to dress up in a ninja turtle costume or whatever your favorite character is (since Halloween is around the corner) and have a sign on a busy street corner that you’re giving away FREE hugs! Who doesn’t like a hug from a ninja turle? You can leave a jar to ask for donations for people who take pictures. If you do this, we want to see pictures! Let us know how it goes!

  3. Sometimes you have to spend money to make money. You could buy thing from a thrift store the you know you can sell for more online. You could also do what my uncle does and go to garage sales on Sunday’s buy things cheep because its the last day of the sale and they just want to get rid of the stuff, then turn around and sell it online or at you next garage sale for more. Oh yea, you can pick up that penny that’s just sitting on the side walk too.

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