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BiggerPockets Money Podcast

511: Pay Your Rent and Level Up Your Home with THIS Creative Side Hustle

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.62.9K Ratings

🗓️ 15 March 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

Could one side hustle help you pay rent, save money to invest in real estate, or reach financial independence? Today’s guest picked up the perfect hobby that combines his background in art and love for home décor. The best part? It allows him to make extra money each month! Welcome back to the BiggerPockets Money podcast! Because Kyle William earns a modest salary in an expensive city, there’s no room for new furniture and décor in his budget. However, he has found a way to not only fully furnish his apartment without paying top dollar but also turn this passion into a profitable side hustle. In his spare time, he scours the web for items that people no longer value, uses his artistic eye and do-it-yourself (DIY) skills to restore them to peak condition, and then flips them online for a hefty profit! Could you turn your own passion into a money-making side hustle, too? Whether you’re interested in flipping furnitureor another hobby altogether, tune in as Kyle shares where to find unwanted items, the best DIY skills for beginners, and how to cash in on your hard work! In This Episode We Cover The DIY side hustle Kyle uses to cover his rent (and improve his home!) How to start your own furniture flipping side hustle The best places to find valuable used items that can be recycled Beginner do-it-yourself (DIY) skills that YOU can learn today Kyle’s best home decorating hacks for thrifty creatives And So Much More! Links from the Show BiggerPockets Money Facebook Group Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums Finance Review Guest Onboarding Join BiggerPockets for FREE Mindy on BiggerPockets Scott on BiggePockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Make an Extra $100/Day with These Work-From-Home Side Hustles How Anyone Can Easily Make Extra Money Using Side Hustles with Nick Loper Click here to check the full show notes: https://www.biggerpockets.com/blog/money-511 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's episode is about how you can have nice things even when you can't afford to buy them.

0:05.3

Yeah, we booked Kyle William today because so many of us in the BiggerPockets Money community and the Fire community are just super frugal and may go really long stretches

0:15.7

without the nice things in life while we kind of in some cases grind our way towards financial

0:20.0

freedom that can include giving up things like a nice kitchen, a nice bathroom, nice furniture, or other

0:26.0

aesthetic stuff. So for example, I'm guilty of this. I've spent 10 years living in progressively less

0:31.6

tiny duplexes, interrupted by one stint as a renter.

0:35.0

And Mindy, I think, has done 11 livin flips in her life.

0:40.0

I might venture to say that you could have spent almost half of your adult life living in a construction

0:44.9

zone that you're working on.

0:47.1

I would agree with that, Scott. Kyle is here to show us that it's not an either or and if you like nice things living in a

0:55.1

beautiful space having top-notch luxury items like designer furniture you can

0:59.6

have that and still save and pursue financial independence. Heck you can even make money while you build out that perfect home environment.

1:08.8

Hello, hello, hello, and welcome to the BiggerPockets Money Podcast. My name is Mindy Jensen and with me as always is my

1:15.8

not mid-century modern co-host Scott Trench.

1:18.9

I may not be mid-century modern, but you are my MCM co-host.

1:24.4

Money co-host, Mindy.

1:26.2

All right, let's do it.

1:28.0

I love it.

1:29.5

All right, we're here to make financial independence less scary.

1:31.8

Less just for somebody else to introduce you to every money story

1:35.6

because we truly believe financial freedom is attainable for everyone,

1:38.7

no matter when or where you're starting.

...

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