Unfortunately, my job does not allow me to easily have a second job/income source. However, if it did, I would start a dog sitting business. Can make $100 a day, especially if you are willing to transport pets from their houses to the vet and back.
What's your side gig?
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Last: 2 yr ago by MS08
woodiewood1 said:You really think that he goes out 190 miles to just bleed one compressor? Really?Howdy Dammit said:woodiewood1 said:I think he runs within about 50 to 90 miles of BCS to Waco, Brenham, Nav, Cameron, Conroe, etc. I think that all of his work is commercial work. People just don't want to fool with doing it on multiple compressors a few times a month. The same as with coffee service. Why pay a company to supply coffee supplies when a company can do it themselves and even have it all delivered to their office weekly or monthly? They just don't want to bother and just pay a couple of hundred dollars a month.bkag9824 said:woodiewood1 said:
I have a friend that started a business bleeding the water out of air compressors once a month and now has about 100 clients who pay him from $25 to $50/compressor once or twice every month. Some clients have six or seven compressors. Now it is his main line of business.
Say what now.
Call it an average $30/mo/compressor. For draining water? Are these homeowners who don't know how to turn a ball valve? I would assume not if some have multiple units.
Hopefully his commute distance is reasonable because aside from vehicle & insurance costs that's almost pure profit.
He has expanded with an employee helping into replacing air conditioner fitters in commercial buildings and doing well with that also.
So he will drive 100-190 miles round trip for 30 bucks. That's asinine.
Most self-employed field service self employed, which that basically is, do many jobs on a run. I know of one commercial insurance inspector who leaves in the morning and makes 10 to 15 inspections a day and can make $1,000 and more a day depending on the type of inspection.
Even if he bleeds 10 a day (which seems impossible with 100 different clients a month), it's asinine. He is making nothing per hour.
Hunting guide in the Fall
Rent a room or two in summer to Forest Service or BLM interns.
Rent house out during hunting season
Make custom furniture
Adds nice tax breaks and about $35-45K additional income.
Rent a room or two in summer to Forest Service or BLM interns.
Rent house out during hunting season
Make custom furniture
Adds nice tax breaks and about $35-45K additional income.
I really don't know exactly but he has told me that he can make $400 to $500 and more a day with no problems. I would think 5 locations a day would be possible especially if some clients have numerous compressors. Probably not what you would want, but around $50/hr to me is not a bad side gig.Howdy Dammit said:woodiewood1 said:You really think that he goes out 190 miles to just bleed one compressor? Really?Howdy Dammit said:woodiewood1 said:I think he runs within about 50 to 90 miles of BCS to Waco, Brenham, Nav, Cameron, Conroe, etc. I think that all of his work is commercial work. People just don't want to fool with doing it on multiple compressors a few times a month. The same as with coffee service. Why pay a company to supply coffee supplies when a company can do it themselves and even have it all delivered to their office weekly or monthly? They just don't want to bother and just pay a couple of hundred dollars a month.bkag9824 said:woodiewood1 said:
I have a friend that started a business bleeding the water out of air compressors once a month and now has about 100 clients who pay him from $25 to $50/compressor once or twice every month. Some clients have six or seven compressors. Now it is his main line of business.
Say what now.
Call it an average $30/mo/compressor. For draining water? Are these homeowners who don't know how to turn a ball valve? I would assume not if some have multiple units.
Hopefully his commute distance is reasonable because aside from vehicle & insurance costs that's almost pure profit.
He has expanded with an employee helping into replacing air conditioner fitters in commercial buildings and doing well with that also.
So he will drive 100-190 miles round trip for 30 bucks. That's asinine.
Most self-employed field service self employed, which that basically is, do many jobs on a run. I know of one commercial insurance inspector who leaves in the morning and makes 10 to 15 inspections a day and can make $1,000 and more a day depending on the type of inspection.
Even if he bleeds 10 a day (which seems impossible with 100 different clients a month), it's asinine. He is making nothing per hour.
My side gig is working weekends for my main job.
What you say, Paper Champion? I'm gonna beat you like a dog, a dog, you hear me!
I stamp things. Charge about $400/hr but the work isn't very steady.
Probably as smart as anything as long as there is no risk of being let go.The Green Dragon said:
My side gig is working weekends for my main job.
If you are looking for a good side gig during summer months, learning how to change out refrigerant in residential air conditioning systems is highly lucrative. I had some customers in my last job who had almost completely stopped doing any actual construction work for this during the hot months.
Hard money lender - $3600 a month last year
elaborate plzAggie_2463 said:
Hard money lender - $3600 a month last year
We design and sell products on Etsy.
https://www.etsy.com/shop/CorvinaClothingCo
It's just getting going. Nothing major but it's been fun
https://www.etsy.com/shop/CorvinaClothingCo
It's just getting going. Nothing major but it's been fun
Ag92NGranbury said:elaborate plzAggie_2463 said:
Hard money lender - $3600 a month last year
I'll PM you
MS08
Joined:
Mar 29, 2019
Posts:
2,846
How long do you want to ignore this user?
3600/mo on hard money lending? quick math, assuming you're doing like 10-15% interest (annual) that's ~400k of cash lent, consistently?
Side gig/retirement plan is a real estate business I started with two partners 22 years ago. Mix of multi-family and smaller commercial centers. Annual revenue roughly $500k, total assets (includes undeveloped, non-income producing raw land) in $7MM range.
People think I'm an idiot or something, because all I do is cut lawns for a living.
ChoppinDs40 said:
3600/mo on hard money lending? quick math, assuming you're doing like 10-15% interest (annual) that's ~400k of cash lent, consistently?
12% six month terms with 2% origination fee - 16% a year potential up to 20% depends how quickly they turn property and reassign another
construction related, I assume?Aggie_2463 said:ChoppinDs40 said:
3600/mo on hard money lending? quick math, assuming you're doing like 10-15% interest (annual) that's ~400k of cash lent, consistently?
12% six month terms with 2% origination fee - 16% a year potential up to 20% depends how quickly they turn property and reassign another
real estate flippingChoppinDs40 said:construction related, I assume?Aggie_2463 said:ChoppinDs40 said:
3600/mo on hard money lending? quick math, assuming you're doing like 10-15% interest (annual) that's ~400k of cash lent, consistently?
12% six month terms with 2% origination fee - 16% a year potential up to 20% depends how quickly they turn property and reassign another
Loan sharking. Big profits.
Hope it's a hot market, the flippers I know are singing the blues after a 10 year hot streak
Talon2DSO said:
We design and sell products on Etsy.
https://www.etsy.com/shop/CorvinaClothingCo
It's just getting going. Nothing major but it's been fun
Do you guys utilize POD?
Started a sports performance/physical therapy business as a side gig. It has recently grown into more of a part time gig for me lately.
Work mainly with athletes who swing things or throw things. (Golf, baseball, softball, quarterbacks, etc.)
https://www.mvmtlabpt.com/
Work mainly with athletes who swing things or throw things. (Golf, baseball, softball, quarterbacks, etc.)
https://www.mvmtlabpt.com/
Definitely Not A Cop said:
If you are looking for a good side gig during summer months, learning how to change out refrigerant in residential air conditioning systems is highly lucrative. I had some customers in my last job who had almost completely stopped doing any actual construction work for this during the hot months.
Would you not need to have a TX AC and Refrig contractor license to do this?
There's still properties out there that work
I work a 7 on 7 off rotating shift work power plant job and on my 7 days off I work a part time job on a ranch. I could sit around the house for 7 days or make 10-15k extra a year depending on the hours I work.
jagvocate said:
I buy land and sell it and bring some to mobile home dealers to package along with their houses to customers.
Based on the value of the land / number of deals, every so often I get a free, installed used mobile home from the dealer to put on land I own elsewhere. I renovate them and rent them out. Usually do between 1 a year and 1 every other year.
We are licensed mobile home dealers. Would be interested in knowing more about your land. Email me at Corey @ Gbtpm dot com.
Also have some homes I'd give away. Most are turds.
I had a nice side gig doing BBQ Catering with a friend of mine. Had a couple of steady corporate customers and picked up weddings and private stuff. Covid killed it though (very few gatherings of over 50 for 2 years) and my friend moved. Enjoyed it because I love to BBQ and we got to the point we would just take on stuff that was fun or easy for us and paid well. I still do some stuff for friends and the like but it just wasn't worth it to keep up the insurance and fees involved in being a true company without volume so I shut it down.
Would like to find something else for additional streams of income and that could work as an ease into retirement gig.
Would like to find something else for additional streams of income and that could work as an ease into retirement gig.
"The most terrifying words in the English language are: I'm from the government and I'm here to help."
Ronald Reagan
Ronald Reagan
You should consider going in partners with Nealthedestroyer ...Ag92NGranbury said:
50 some year old gigolo
times are tough...but at least the wife still shows interest
she never pays tho
Quote:
Nealthedestroyer
10:12a, 4/10/23
AG
I run a small night vision retail company ...
I started a kids sunglasses company (SunSnap Kids, www.sunsnapkids.com) and just sold it a couple weeks ago. Spent 4 years designing the sunglasses, building the company, and growing it. It was a lot of work. I learned much more about product development and growing a business than I made out financially. But that knowledge is, in of itself, another investment.
I've got an Etsy shop selling clothes. Wife and I started a clothing line called Corvina Clothing Co. It's beach lifestyle apparel. So t-shirts, Hawaiian shirts, fishing shirts, chill tshirts, coffee mugs, etc
https://www.etsy.com/shop/CorvinaClothingCo
https://www.etsy.com/shop/CorvinaClothingCo
RV storage
woodiewood1 said:Definitely Not A Cop said:
If you are looking for a good side gig during summer months, learning how to change out refrigerant in residential air conditioning systems is highly lucrative. I had some customers in my last job who had almost completely stopped doing any actual construction work for this during the hot months.
Would you not need to have a TX AC and Refrig contractor license to do this?
Yes you would.
Resume writing is my side hustle. Started earlier this year.
Clbresumeservices@gmail.com
Clbresumeservices@gmail.com
Just ordered 2 shirts! Puro 956 ALV
When we built our house we splurged and included an accessory apartment above our garage to rent out. We initially thought about a long term rental for our side cash but instead opted to test the short term VRBO/AirBnB market. We started doing this 6 years ago and were one of only about 10 rental properties listed here in Juneau and we've been booked every summer. Now there's hundreds of rentals in town, however I'll argue that only a few are as nice and scenic as ours is. The short term rental has exceeded our expectations as we only rent in the summer and keep it to ourselves/visiting grandparents anytime they want to come visit our kids. As a bonus we make about double of what we would if we rented it out long term. Win/win.
https://www.vrbo.com/1275248?noDates=true&unitId=1826375
https://www.vrbo.com/1275248?noDates=true&unitId=1826375
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