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ontrider Ladies Man
Joined: 30 Jul 2003 Posts: 16491 City: Russia
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Posted: Jan 23, 2008 10:44 am Post subject: Alternate Income Streams |
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I like the business forum idea, but there isn't much activity here usually. So I'm curious, any of you entreprenuers out there. What do you do for secondary income besides your normal jobs? I like to sell "Build Wealth Videotape Series" on Ebay. No I'm kidding... but what kinds of things do you invest in or anyone run a business on the side? |
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Tyler T Wakeboarder.com Freak
Joined: 14 Apr 2003 Posts: 4772 City: Portland
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Posted: Jan 23, 2008 12:13 pm Post subject: |
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Once I get set in my career, I plan to open a home based recording studio (unless I end up with too much money and can afford to open business location ).
Everything that will be in it will be stuff that I already have/would have bought anyway and if I don't make any money, at least I will still be having fun and I can write off the expenses.
Maybe that wasn't the answer you were looking for. _________________ Get Frugally Green!
Care to have a listen? |
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ontrider Ladies Man
Joined: 30 Jul 2003 Posts: 16491 City: Russia
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Posted: Jan 23, 2008 12:56 pm Post subject: |
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No that's cool. If it's something you like doing and can make money off of without it being a 'job' all the better. I'm going to be setting up a music room in my new house in the fall, nothing like you've got but I'll probably be looking for ideas.
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oshensurfer PityDaFool Who Posts This Much
Joined: 14 Aug 2003 Posts: 6325
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Posted: Jan 23, 2008 2:17 pm Post subject: |
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I'm dabbling in Real Estate. Nothing to fruition yet..... _________________ (insert funny chit here) |
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Wakebrad Ladies Man
Joined: 11 Dec 2003 Posts: 12257 City: Dallas
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Posted: Jan 23, 2008 2:25 pm Post subject: |
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I've thought about residential real estate. I have a friend who's buying cheap houses just south of Dallas and Section 8ing them. It sounds like he has a pretty solid plan and a good area scoped out.
Ont already knows this but I build websites for a couple extra grand every year. Oh, and jiggalo. _________________ You have just entered the twilight zone. |
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jhilly8982 Addict
Joined: 04 Oct 2006 Posts: 782 City: Northville
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Posted: Jan 23, 2008 4:00 pm Post subject: |
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ontrider, in college during the summer the new trend in garages was to have your floor sealed with epoxy by "pros" like home depot contrators. They charged $2-4 per square foot with the average two car garage running 1000sq.ft and 1500-2000sq ft for 3 car garages. Well you can buy essentially the same epoxy sealant for $50 bucks a gallon, 2 gallons covering the entire floor, add in supplies (paint rollers) $40 and you can charge around $1 sq foot and still maintain a huge profit margin. It also helped that my parents owned a power washer, which is mandatory.
I printed out flyers and dropped them off in newspaper boxes to around 500 houses, got around 10 call backs did about 6 jobs from the call backs and did 3 more on referrals. When doing a job it is also a good opportunity for upselling, such as recommending other improvements to their garage like building shelves, painting drywall etc.
Oh yeah, it takes about three days to do one garage floor but around 1-2 hours of work a day (floor has to be washed 1 day, dried 1 day, sealed 1 day) At the end of the summer i had spent most of the money at the bar and on stupid things but i pulled in around 6-9k total in just working hours after my 9-5 summer job.
Not sure if this is something you would be interested in but it worked for me. |
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oshensurfer PityDaFool Who Posts This Much
Joined: 14 Aug 2003 Posts: 6325
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Posted: Jan 24, 2008 9:00 am Post subject: |
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jhilly8982, NICE! I placed and finished concrete in college for extra dough using a similar plan. _________________ (insert funny chit here) |
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jryoung Ladies Man
Joined: 19 Mar 2004 Posts: 7664 City: Man Jose
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Posted: Jan 24, 2008 9:32 am Post subject: |
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Tyler T wrote: | Once I get set in my career, I plan to open a home based recording studio (unless I end up with too much money and can afford to open business location ).
Everything that will be in it will be stuff that I already have/would have bought anyway and if I don't make any money, at least I will still be having fun and I can DEDUCT the expenses.
Maybe that wasn't the answer you were looking for. |
FIFY (you deduct expenses, and write off bad assets)
But the in home studio is a good idea because that portion of the home and a ratable portion of the home expenses become deductable. _________________
Quote: | You don't meet many old vegans. It's mostly young priviliged kids trying to figure out where they stand in the world. | - Steve Rinella |
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shane515051 Criminal
Joined: 21 Apr 2003 Posts: 69 City: Safford
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Posted: Jan 24, 2008 12:40 pm Post subject: |
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We dabble in realestate slowly and carefully and it has paid off really well. We also are always looking for things that would be a (NICHE) market. We have started four companies and two of them have done very well. We just had to get to the point that we weren't opposed to doing anything as long as it was gonna make money. Always ask questions and more importantly listen! |
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jryoung Ladies Man
Joined: 19 Mar 2004 Posts: 7664 City: Man Jose
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Posted: Jan 24, 2008 1:27 pm Post subject: |
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shane515051 wrote: | We just had to get to the point that we weren't opposed to doing anything as long as it was gonna make money. |
So you have no morals when it comes to making a buck? _________________
Quote: | You don't meet many old vegans. It's mostly young priviliged kids trying to figure out where they stand in the world. | - Steve Rinella |
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oshensurfer PityDaFool Who Posts This Much
Joined: 14 Aug 2003 Posts: 6325
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Posted: Jan 24, 2008 1:36 pm Post subject: |
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jryoung, so you have a problem with selling babies? _________________ (insert funny chit here) |
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pet575 Wakeboarder.com Freak
Joined: 20 Jun 2006 Posts: 3630 City: Kansas City, MO
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Posted: Jan 24, 2008 2:50 pm Post subject: |
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I just started a business with a buddy of mine who was a mortgage broker for the past 10 years. It is credit restoration. Basically, I am the legal brains who knows how to work the Fair Credit Reporting Act provisions to remove derogatory or old info from your credit so that when you go to buy/refinance a home or look to buy a car or a boat your credit score will be as high as possible when reported by the Big 3 credit bureaus. I write threatening letter and they remove bad/old thing from credit reports.
My partner's experience in the mortgage biz means he has tons of contacts with people who are still brokers. They want to sell a mortgage, their clients want to either get a loan or get the best rate possible, and we service both their needs at once by scrubbing the garbage off of their credit. So, for a small fee, we help boost up their score and it is worth a few hundred bucks to them at closing to get a good rate. We aren't marketing to individuals, we're having the middle man (the mortgage broker) recommend our services.
Everyone wins, except for the mortgage companies but F*CK them anyway. They've made (and will continue to make) enough money off of people over the years. _________________
Wakebrad wrote: | I honestly think it has to do with internet penetration... |
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chavez Ladies Man
Joined: 22 Sep 2003 Posts: 27375 City: Roseville
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Posted: Jan 24, 2008 3:54 pm Post subject: |
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pet575, that is a great side biz. Seriously, props. _________________
Quote: | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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ontrider Ladies Man
Joined: 30 Jul 2003 Posts: 16491 City: Russia
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Posted: Jan 24, 2008 3:57 pm Post subject: |
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chavez, agreed 100%! Because I bet he'll have a bunch of repeat customers too. |
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chavez Ladies Man
Joined: 22 Sep 2003 Posts: 27375 City: Roseville
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Posted: Jan 24, 2008 3:58 pm Post subject: |
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ontrider, so true... _________________
Quote: | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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brew Wakeboarder.com Freak
Joined: 09 Aug 2005 Posts: 2778 City: Jackson
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Posted: Jan 24, 2008 7:02 pm Post subject: |
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I'm flipping houses on the side and also looking at a few business ventures. Doing fairly well so far. |
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ontrider Ladies Man
Joined: 30 Jul 2003 Posts: 16491 City: Russia
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Posted: Jan 24, 2008 7:31 pm Post subject: |
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brew wrote: | I'm flipping houses on the side |
Tell Kirsten I said hi. |
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brew Wakeboarder.com Freak
Joined: 09 Aug 2005 Posts: 2778 City: Jackson
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Posted: Jan 25, 2008 1:52 pm Post subject: |
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Quote: | Tell Kirsten I said hi. |
I live in the "low rent" section of the US, so I don't think she'll be paying me a visit anytime soon.
It has been a very good way to make money lately with all the foreclosures flooding the market. Most purchases have been a simple repaint, recarpet, clean, and put back on the market. |
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Rhawn Wakeboarder.com Freak
Joined: 14 Jun 2006 Posts: 3127 City: Richmond, V to the Izzay
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Posted: Jan 31, 2008 9:07 am Post subject: |
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I've tried a couple things to get some secondary income streams going. I tried internet retail via dropshipping = failed. But sticking with it I found some things that have worked/are working.
Affiliate Marketing, Web Design, Search Engine Advertising and Marketing.
www.joogleweb.com _________________ WakeSurf and Wakesurfing News |
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ontrider Ladies Man
Joined: 30 Jul 2003 Posts: 16491 City: Russia
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Posted: Jan 31, 2008 9:24 am Post subject: |
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Rhawn, good stuff. I've been considering buying some domains recently too. I hate when people buy up crap that I need/want.
I just noticed the site... I'll check that out. Is that a joomla template? |
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vette74 Wakeboarder.Commie
Joined: 30 Jul 2003 Posts: 2144 City: Houston
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Posted: Jan 31, 2008 9:32 am Post subject: |
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I bought and sold a few houses in the past. Now I am starting to do engineering work for small time developers or someone who is building a new building or whatever and actually I have been getting a lot of calls lately. I also trade the FX market with a small account. _________________ There'll be two dates on your tombstone/ And all your friends will read 'em/ But all that's gonna matter is that little dash between 'em... |
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Rhawn Wakeboarder.com Freak
Joined: 14 Jun 2006 Posts: 3127 City: Richmond, V to the Izzay
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Posted: Jan 31, 2008 9:35 am Post subject: |
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ontrider, buying domains to resell? Or for you to use? There a couple programs out there that audit all of the existing domains, and their renewal status. You can snipe alot of $$ domain names.
Yes we use Joomla CMS along with RocketTheme templates. _________________ WakeSurf and Wakesurfing News |
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ontrider Ladies Man
Joined: 30 Jul 2003 Posts: 16491 City: Russia
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Posted: Jan 31, 2008 9:49 am Post subject: |
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Rhawn, yes for resale. |
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spyd4r Addict
Joined: 22 Apr 2006 Posts: 701
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Posted: Feb 01, 2008 4:30 am Post subject: |
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I have been thinking of doing some freelance photography on the side, I won't do portraits though =)
Of course, I have never even attempted selling photos yet, but its something I would like to get into. _________________ Alright. It's Saturday night. I have no date, a two liter bottle of Shasta and my all rush mix tape. Let’s rock! |
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arof Wakeboarder.com Freak
Joined: 08 Nov 2004 Posts: 2918 City: Toronto
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Posted: Feb 02, 2008 12:43 pm Post subject: |
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I've though about buying a decent tax return program, advertise VIA facebook, and do student tax returns during April. _________________ Impossible is not a a fact. It's an opinion. Impossible is not a declaration. It's a dare. Impossible is potential. Impossible is temporary. Impossible is nothing.
-adidas |
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ontrider Ladies Man
Joined: 30 Jul 2003 Posts: 16491 City: Russia
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Posted: Mar 19, 2009 4:30 am Post subject: |
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juston12, questions.
1. What country are you from?
2. How much do you get paid to spam message boards?
3. Do you think this is legitimate SEO work? |
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Rhawn Wakeboarder.com Freak
Joined: 14 Jun 2006 Posts: 3127 City: Richmond, V to the Izzay
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Posted: Apr 14, 2009 5:47 am Post subject: |
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Let me go ahead and answer for good ole Juston12.
1. India or Costa Rica
2. I'm banking he sells "Do Follow links on 50 PR 3+ sites for $12" over at digital point
3. Although this isn't a relevant topic site, his keyword rich link is sitting in his signature for about a month now X 4 posts. _________________ WakeSurf and Wakesurfing News |
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bjeremi Soul Rider
Joined: 30 Jan 2006 Posts: 433 City: Owasso
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Posted: Apr 14, 2009 6:38 am Post subject: |
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A buddy and I opened up a LA Boxing here in Tulsa, OK. More his than mine but I have a vested interest. Actually doing pretty good even with the crappy economy. I rise in MMA popularity seems to be helping out. |
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logan Wakeboarder.Commie
Joined: 30 Aug 2003 Posts: 1913 City: Jackson, CA
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Posted: Apr 14, 2009 7:47 am Post subject: |
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A buddy and I started a wakeboard school in our town. Everybody pretty much lives within 10 minutes of the lake, the pizza place that is walking distance from the largest sub division has our flyer taped to every box that leaves the place, made a myspace for it and whatnot.
The way we see it, there aren't expenses for us. We have the boats, we are buying gas anyway. If somebody comes out we just got reimbursed and now have money for beer! Sounds like a win-win to us! _________________
Lop wrote: |
that is scary, i woke up with a boner and had to make sure ontrider wasn't standing around with a chainsaw... |
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Rhawn Wakeboarder.com Freak
Joined: 14 Jun 2006 Posts: 3127 City: Richmond, V to the Izzay
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Posted: Apr 16, 2009 7:25 am Post subject: |
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logan wrote: | A buddy and I started a wakeboard school in our town. Everybody pretty much lives within 10 minutes of the lake, the pizza place that is walking distance from the largest sub division has our flyer taped to every box that leaves the place, made a myspace for it and whatnot.
The way we see it, there aren't expenses for us. We have the boats, we are buying gas anyway. If somebody comes out we just got reimbursed and now have money for beer! Sounds like a win-win to us! |
That's awesome, very smart. |
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ontrider Ladies Man
Joined: 30 Jul 2003 Posts: 16491 City: Russia
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Posted: Apr 16, 2009 8:06 am Post subject: |
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Rhawn wrote: | Let me go ahead and answer for good ole Juston12.
1. India or Costa Rica
2. I'm banking he sells "Do Follow links on 50 PR 3+ sites for $12" over at digital point
3. Although this isn't a relevant topic site, his keyword rich link is sitting in his signature for about a month now X 4 posts. |
Hi Rhawn, welcome to wakeboarder.com.
I wood like 2 tell you about my ecsperienses on digital point forumz. I have already made many hundrds of thsands dollars with link spam and logo dezign contests for $8. My famly basicaly lives in a castle thanks mostley to digital point.
If ur company would like to contact me via skype ASAP!!!!! I will not let you down and will produce you the best 200 SEO link you can imagine!!!!
Sincerely,
Najir.
I got an email from some Indian guy last week telling me he would get me 100,000 blog and message board links. |
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flixmaster Site Owner
Joined: 30 Oct 2003 Posts: 7487
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Posted: Apr 16, 2009 12:51 pm Post subject: |
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I get them all the time.. I get calls from SEO magic companies every week..
Those are REALLY fun phone calls for me..
Links and everything. _________________ Wakeskating
Ronix Wakeboards
Wakeboarding |
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_bruky Wakeboarder.Commie
Joined: 24 May 2009 Posts: 1201
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Posted: May 30, 2009 10:08 pm Post subject: |
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I've been flipping domains for a few years. I ditched playing the stock game but I missed the excitement and started attending domain auctions. More so a hobby, but it's lost its zing and I'm down to one last domain that is worth about what I'm paying to maintain it.
In the past I purchased a few which had returns in excess of 80X. I've purchased and sold approximately 800 domains.
I've always been interested in history. My father has been collecting and auctioning rare books and pamphlets ever since I was in diapers and I've gotten fairly involved in the hobby as well over the past few years. I prefer this because it's a bit more amusing than flipping domains. The treasures are often found in cobwebs and the incentive to build upon existing knowledge never ends, unlike the domain game in which one can visit a forum and become a guru. ie: abc.com has three grade-A letters, and is worth via online auction-block calculator $1,000,000.00. |
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polar21 Newbie
Joined: 16 Sep 2009 Posts: 25
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Posted: Sep 18, 2009 4:51 am Post subject: |
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I am new to the board but outside of my 8-5 accounting job I clean boats (props/rudders/thru-hulls) on the side for some gas money. It has worked out pretty good so far averaging a couple hundred bucks a month that I enventually throw right down the toilet on golf and fishing junk. |
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GnarShredd Wakeboarder.Commie
Joined: 16 Jun 2009 Posts: 2310 City: St Pete.
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Posted: Apr 28, 2010 12:00 pm Post subject: |
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Does anyone have any new additions to this? It seems to me that there HAS to be a better use of 2 hours in the evenings than playing xbox.
Any suggestions as to some at-home things I could get involved in during the week (something online maybe?). I just started selling stuff on ebay and it's at least giving me some gas money, but it'd be nice to have a steady stream to at least pay a bill or two if I have the extra time anyway. (Weekends I'm usually working on the house the whole time, she's almost 90 years old and needs attention!)
Flipping domain names would have been great a few years ago, but that seems kind of dried-up to me. Do those of you with experience in that feel the same way? |
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