294: No Money for Real Estate? 2 Side Hustles You Can Use to Fund Your First Deal w/Ava Yuergens and Josh Janus

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 10 June 2023

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Don’t have enough funds for real estate deals? Today, there’s no excuse. Beyond strategies that allow you to invest in real estate with no money down, you can always start a profitable side hustle and put the earnings towards your next deal. In this episode of the Real Estate Rookie podcast, we’re chatting with Ava Yuergens and Josh Janus—two young entrepreneurs who managed to launch their own profitable side hustles to help fund their first real estate deals. Shortly after Ava and her fiancé launched their very own couch-flipping side hustle, they were able to generate enough cash to invest in real estate. Josh was a student by day, so he needed a side hustle that he could work outside of school hours. After seeing the schedule flexibility that DoorDash provided, Josh started making food deliveries—often using multiple apps and two phones to maximize his earnings. If you’ve ever wanted to start your own side hustle, this is the episode for you! You’ll learn how to launch your own successful side hustle from square one, sharpen your entrepreneurial skills, and generate more than enough income for you to put towards your first real estate deal. Finally, Ashley and Tony tie the bow on this showdown-style episode by evaluating these side hustles for upfront capital, earning potential, time commitment, and risk! In This Episode We Cover Two side hustles you can start TODAY with little to no money Using a side hustle to raise capital for your real estate business Launching a flexible DoorDash side hustle that earns up to $50 an hour Starting a couch-flipping side hustle that generates $10,000 per month Side hustle skills that carry over into the real estate world And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE $900K in Real Estate at Age 17 by Doing What 99% of Teenagers Won’t From DoorDasher to $1.5 MILLION in Real Estate (All at 22 Years Old!) Connect with Ava & Josh: Ava's BiggerPockets Profile Ava's Instagram Ava's TikTok Josh's BiggerPockets Profile Josh's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/rookie-294 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Real State Rookie episode 294.
0:05.0	We were making about 10 grand a month with couch flipping.
0:09.0	On average, I would say if you were like consistent and dedicated,
0:12.0	you could do anywhere from 2 to 5 a week.
0:14.0	You don't want to drive 10 miles, delivering $20 in food,
0:18.0	and you make a $2 tip.
0:19.0	There's door dashers making $10 an hour,
0:21.0	and then there's other ones making $40 or $50.
0:23.0	My name is Ashley Care, and I'm here with my co-host, Tony Robinson.
0:27.0	And welcome to the Real State Rookie podcast,
0:29.0	where every week, twice a week, we've been
0:31.0	you the inspiration, motivation, and stories you need to hear
0:34.0	to kickstart your investing journey.
0:35.0	And Rookie's, we got a great, great episode for you all today.
0:39.0	We've been, we've been torn around with this concept
0:41.0	in the background for a while now, but one of the,
0:44.0	one of the biggest obstacles or challenges that we hear
0:48.0	from aspiring investors is the capital that's required
0:51.0	to get started.
0:52.0	And while there are certain types of Real State
0:55.0	investing strategies where you can't get in for little to,
0:58.0	to no capital, a lot of times you need some cash to get started.
	...

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