222: 5 Real Estate Side Hustles You Can Start on the Cheap

The Side Hustle Show

Nick Loper

Entrepreneurship, Business, How To, Education

4.7 • 1.6K Ratings

🗓️ 23 March 2017

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

Chad Carson is a 30-something semi-retired real estate mogul, who together with his business partner, oversees a portfolio of 90+ rental units.

In fact, he and his wife are in the middle of an exciting adventure — a year abroad in Ecuador with their two daughters.

But of course he didn’t start there. Fresh off the football field at Clemson, Chad’s real estate career started more modestly by “bird dogging” and house hacking — two of the tactics he shares in this week’s show.

You can learn more about Chad and his real estate business at CoachCarson.com, where he writes about using real estate investing to retire early and do what matters.

In this episode, Chad walks me through 5 real estate side hustles you can start on the cheap. Tune in to hear:

How to use house hacking to earn rental income and live for free
How to take advantage of tax-free live-in flips
How anyone can start master leasing
How to become a leasing agent
How to start “Bird-dogging”

Chad proves that you that you don’t need a large down payment to get started in real estate. You can even learn “how to do one of the more important parts of the rental business on someone else’s dime” if you’re smart about it.

This episode is packed with actionable advice to help get you started with a side hustle in the real estate market, as well as some long-term options to set you on the path to building long-term wealth.

Full Show Notes and PDF Highlight Reel: 5 Real Estate Side Hustles You Can Start on the Cheap

Transcript

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0:00.0	Side Hustle Show 222, five real estate side hustles you can start on the cheap.
0:06.0	Welcome to the Side Hustle Show, where aspiring part-time entrepreneurs learn how to turn their
0:12.2	side hustle dreams into reality.
0:15.0	Because your 9-to-5 may make you a living, but your 5-9 makes you alive.
0:20.0	And now your host, Nick Loper.
0:23.4	What's up, Nick Loper?
0:27.4	What's up, Nick Loper?
0:28.8	Welcome to the Side Hustle show where it's all about ideas action and results.
0:32.7	Today I want to share some ideas on how to get started
0:35.0	and making money in real estate
0:36.2	beyond some of the wholesaling and traditional rental strategies
0:39.3	we've talked about in the past.
0:41.0	Now, I've got a love-hate relationship with real estate. I got lucky once but I've made some done moves since then and those have kind of soured my desire to get back into direct property ownership.
0:51.0	Now whether you've had a similar experience or you just don't think
0:53.5	you have the cash required to get started, this conversation with Chad Carson
0:57.1	might change your mind. He's going to outline some lower risk and lower capital ways
1:00.5	to get started earning the traditional trifecta of real estate benefits being cash flow, appreciation, and tax advantages.
1:08.0	Now, Chad started his real estate investing adventures straight out of college with just a thousand bucks to his name.
1:13.7	He went from playing football for your national champion Clemson Tigers to using some of the strategies
1:19.0	outlined in this episode to begin building his own real estate empire which now stands at over 90
1:24.2	rental units co-managed with his business partner. He belongs about this stuff over
1:28.5	at coach Carson.com excellent site with tons of info over there.
	...

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