Making money in real estate typically requires owning the property, right?
Coming up with a large down payment, securing financing, dealing with tenants, handling maintenance and repairs. The barriers to entry aren’t exactly low.
But what if you could skip all that and still bring in serious cash flow by renting out apartments and homes without buying them?
When Richie Matthews and his wife were looking to supplement their seasonal events business in late 2019, rental arbitrage seemed like an ideal side hustle.
Little did they know that just a few months later, that tiny side hustle would quickly scale into a business managing 60 units and generating over $2.5 million in revenue and $700k in profits. He now runs his company, iStayUSA.com.
Tune in to Ep 588 of The Side Hustle Show to:
Full Show Notes: Rental Arbitrage: $700k Renting Out Other People's Properties
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417: Make Money Online: The Freelance Business Blueprint
416: Minimum Viable Memberships: Build a Recurring Revenue Online Business
415: How a Couple College Students Started a $6000 a Month Side Hustle
414: Raising Innovative and Entrepreneurial Kids: The Next Generation of Problem Solvers
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412: 20 Questions with Nick: The Side Hustles I'm Most Excited About Right Now, Side Hustle Ethics, Charging Your Friends, and More
411: $40k a Month in 15-20 Hours a Week
410: $50k a Month Online in 2 Years
409: How Matt Tripled His Business
408: $10k a Month Watching Ink Dry
407: 135 Recurring Weekly Customers
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405: 10 Unconventional Money Rules
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403: "Local" E-Commerce: Building a Following for Homemade Products
402: Merch by Amazon and Print on Demand in 2020 and Beyond
401: The Productivity Pyramid: A Simple Framework to Make Real Progress
400: Low Startup Cost Business Ideas from Side Hustle Nation
399: From $100 to 7-Figures: Amazon FBA Retail Arbitrage Case Study
398: Build a Website or Buy One that's Already Working?
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