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Updated over 2 years ago on . Most recent reply

User Stats

7
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Leah Burns
  • Rental Property Investor
  • Connecticut
6
Votes |
7
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Creative Side Hustle Ideas to Fund Your REI Journey?

Leah Burns
  • Rental Property Investor
  • Connecticut
Posted

My partner and I are fairly new to the world of REI and currently own one LTR that nets about $200/month. We both work full-time W2 jobs making a comfortable salary, but we are looking to add additional streams of income. Looking for some insight/ideas of creative side hustles to accelerate our REI journey - thanks!

  • Leah Burns
  • Most Popular Reply

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    Scott E.
    • Contractor
    • Scottsdale, AZ
    2,995
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    Scott E.
    • Contractor
    • Scottsdale, AZ
    Replied

    There are a lot of ways to supplement your income with side hustles doing things like uber, postmates, instacart, flipping furniture, renting a car on turo, etc.

    The issue with a lot of these side hustles is that they can easily create some more income for you, but only a small stream and not nearly enough to start acquiring more rental properties.

    Unless you are looking to start a real business on the side, I think it makes more sense to find creative ways to finance your first couple of real estate deals, vs looking for creative ways to make more money.

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