Does anyone here have legit side hustles? Have $100k to invest and want to start one

[BuckNakedinBama]

Want to start a side business and eventually leave my lucrative law partner gig to be more independent. Anyone here run one?

I have started a few small businesses before but have never really given any the time for them to take off, need motivation as well.

Thanks misc brahs!

[paulinkansas]

I do short term rentals (Airbnb) to contractors working short term jobs in a local refinery. Short term = 1-3 months. See sig. But houses sell real cheap in my town. I charge the same per week as a motel.

[BuckNakedinBama]

I do short term rentals (Airbnb) to contractors working short term jobs in a local refinery. Short term = 1-3 months. See sig. But houses sell real cheap in my town. I charge the same per week as a motel.

Solid hustle, and a great market for it.

[RobParks2M]

No joke my family started doing the cleaning for airbnb's before it got to the point they could hire out the help and just do a couple cleanings in the event people call out. They get a pretty hefty fee per house and the owners like it because its done properly and don't have to ask guests to do anything. They provide the services in an area where they own an airbnb rental and eventually got a majority of the neighborhood to swap to their cleaning business. My brother's wife does any cleaning that needs to be done(they have 2 older ladies who I think just enjoy getting out and don't mind doing a couple loads of laundry and some dishes) and just drops the kids off at their property when need be- essentially just rents their home to their business when they use it while his wife cleans and his wife's vehicle is mostly written off for business as well. Seems lucrative.

[Destor]

I would love to get into making something with my hands but wouldn't expect huge $$$ out of it, would just be really rewarding

Like forging knives and swords

[paulinkansas]

I would love to get into making something with my hands but wouldn't expect huge $$$ out of it, would just be really rewarding

Like forging knives and swords

You can get great satisfaction out of doing something yourself, but you won't make any monetary rewards out of it. I built an exchanger and used a water tank shell to make a wood fired heater for an outdoor hot tub.

[guest89]

I was looking into getting some urban rental properties but I've switched my plan to VRBO/AirBnB.

Looking pick up a rural lake house and a cabin or two in the mountains. Rural properties are typically cheaper then those in cities/on beaches. But there is still a pretty nice market for vacationing couples.

I would love to get into making something with my hands but wouldn't expect huge $$$ out of it, would just be really rewarding

Like forging knives and swords

Depends on how good you are and if you learn how to market them. IE put videos of you forging on youtube/tiktok/IG. Then market what you make to your followers.




I know a guy that does ornamental woodworking. The little wooden American flags, signs, etc. that people hang in garages or on their walls for example. He's doing 10K per month and only works at it around 20-30 hours per week. Granted he is fully set up with equipment/woodworking shop in his back yard.

[vitabarre]

I doubt anyone is going to share any REAL money making ideas here. Nobody wants their market flooded.

[EgoActor]

go to an entrepreneur conference

[manmore350]

I am in the process of quitting my job and I have been looking at ideas as well.

A few things I am interested in pursuing; Owning a property and being a landlord (collecting rent)
Creating a YouTube channel and working on seeing if I can get it to take off
Selling Products on Amazon (this is complicated though, I am still trying to figure this out.. if anyone has experience please connect with me!)

[Zelensky]

Selling Products on Amazon (this is complicated though, I am still trying to figure this out.. if anyone has experience please connect with me!)

I do this for a living for a large CPG company. I do NOT recommend it. It's not 2015 anymore, selling on Amazon is insanely competitive and not passive at all. Most who try to do this will fail.

[Agego]

Is there a gap in your industry that's a pain point you can attempt to solve? I know zero about the law industry but would developing an app work? Subscription based, one off sign up to have access to xxxxx. Consultancy (affordable legal advice?)? Tutoring?

I have a secondary income which isn't technically a side hustle, but it solved a problem for my line of work and I think many other side hustles come from people solving problems they face every day.

This year, I started a small logistics company for the industry I work in (currently only a single 7.5t vehicle). We deliver to customers normally using a third party that doesn't always provide the service we need to stay competitive (offering AM deliveries and not meeting it for example). We're a much smaller company than our competitors so need to be ahead on the small things to get repeat business. The owner of our company has made it clear there's no further investment from him for the foreseeable, so we've had to find other innovations. He's in Asia and has zero involvement in the day to day, just wants to see reports every few months so lets us get on with it.

This fiscal year, with the deposit for the vehicle, loan repayments, driver etc all the fixed costs you can consider, we're currently £23,000 in the black (just over 2.5k p/m) with plans to reinvest it all into lowering fixed costs (clearing loans etc) or getting a second vehicle. Our main company sales revenue is up 20% YTD so we're seeing the benefits with this small decision to stop outsourcing. I'm in on this with one other person too so all gross profit is technically 50/50. It's not a money churner, but it's steady and should continue to grow.

[GeorgeFloyd]

I do short term rentals (Airbnb) to contractors working short term jobs in a local refinery. Short term = 1-3 months. See sig. But houses sell real cheap in my town. I charge the same per week as a motel.

Can you do a thread on this pls

[Beauuu]

Want to start a side business and eventually leave my lucrative law partner gig to be more independent. Anyone here run one?

Put it in BTC or SP500 or a mix if you don't have a niche skill or product (if you have to ask, then you probably don't).

[paulinkansas]

Can you do a thread on this pls

Step 1. See if there is a demand for this sort of housing. It can be some industrial complex, military base, university or hospital. Some place with temporary workers that get a per diem.
Step 2. Buy a house and furnish it. The more bathrooms, the more number of people can stay there. You can convert dining rooms to bedrooms. I've had people sleep in closets before. I get my furniture and appliances from estate auctions. The smaller things I get from Wal Mart. Furnished kitchen and washer/dryer are the most important things. Stock the house with all consumable supplies.
Step 3. Put the utilities and cable/wifi in your name.
Step 4. Advertise to your target market. I've got a billboard up at the contractor lot of the refinery. Advertise on CraigsList. Have a magnetic sign on both sides of my truck. I drive by my refinery and look at the company names on the work trucks. I send the company a flyer in the mail along with a calendar and pens with my advertising on it. The calendars are of scantily clad women doing industrial work. Put flyers up in convenience stores, anywhere there is a bulletin board. Also, many of these workers have to take a drug screen before they can get in. If you know anyone working in a medical clinic that does the drug screens, use them to help promote your business.
Step 5. Price it accordingly. Drive by your local motels and look to see where all the company work trucks are staying. Find their weekly rate. Charge the same or a little more. A basic motel in my town is $400/week. I charge $500/week for a 2 bedroom house. $750 for a 3 bedroom. You can justify it because of the kitchen and washer/dryer. Put up entertainment like a fire pit or horse shoe pit. All the people want is a place to cook, do laundry, shower, relax & drink beer, sleep.
Step 6. Do some nice things for them. Grill them 10 pounds of chicken. Buy them a keg of beer. Give them a place to shoot guns or hunt. I do this once they have paid $5000 or more in rent. Offer concierge service. By this I mean offer to fix a flat tire, pick up a package, etc. They normally work 10-12 hours a day and don't have time to do this.
Step 7. If you see women there that you don't know, turn a blind eye. I've been invited to have fun with the women by my tenants before. It involved a cucumber wrapped in a condom. I saw the same lady in 2 other houses in the course of a year.
Step 8. Go around once a week and collect rent. Be able to accept credit card payments with your phone.
Step 9. Have a cleaner that cleans and restocks the place between occupancies.
Step 10. Learn appliance repair, plumbing, electrical work, carpentry and general handyman skills.

[swolefnatic]

Gas station in a low income area with a back room of slot machines

Can pull in $30k a month depending on how many degen tradies are in the area