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Started By
Message
re: Realistic Side Business Ideas
Posted on 6/26/18 at 10:33 am to BigOrangeVols
Posted on 6/26/18 at 10:33 am to BigOrangeVols
quote:
Do you just go antiquing/thrifting looking for things in particular or what?
No. I will hit an estate sale now and then if there is a lot of stuff, but the idea is this is a low time commitment moneymaker. I run ads in various social media and publications and try to buy collections.
0
Posted on 6/26/18 at 10:37 am to deeprig9
quote:
I know two people who flip cars and make decent side money. But they are car experts, I don't know if common schmucks like ourselves could pull it off.
As a dealer, I hate these people, They drive the Prices up at the Auctions and Dont have any expenses,It makes it more difficult to buy cars.
Posted on 6/26/18 at 10:49 am to cajuntiger26
quote:
Lawn Services/Landscaping
quote:
Pressure washing
If you're only doing this part time and having to work around your current job schedule, then a couple days of bad weather can really put you in a bind because you don't have as much time and flexibility on playing catch-up a different day due to your regular job schedule.
Posted on 6/26/18 at 12:18 pm to cajuntiger26
Buy 5-10 Jumpers and blow up water slides. Going rate is $225-$325 each per day. Easy Friday-Sunday business. State requires $1mm liability, I think, go with about 5MM.
This post was edited on 6/26/18 at 12:27 pm
Posted on 6/26/18 at 12:48 pm to bstew3006
quote:
Buy 5-10 Jumpers and blow up water slides. Going rate is $225-$325 each per day. Easy Friday-Sunday business. State requires $1mm liability, I think, go with about 5MM.
Also, have a very very strong back. Those damn things are heavy as hell. My cheap brother rents one every year for his kids' birthdays and doesn't pay for pickup/drop off. Somehow I got corralled into schlepping it back to the owner. Like moving sacks of cement
Posted on 6/26/18 at 1:19 pm to LSUengineer12
Spit balling a few more ideas:
Home Inspection
Would probably require a few grand in up front cost to take the course, take the test, get insured ($300k minimum coverage in LA), etc.
But if you are good in with some real estate, or have friends in the industry, it can easily be operated after work hours or on weekends. $400-$600 avg. per inspection (dependent on size).
Home Appraiser
Tutoring
I tutored for a company in college, and they paid me $30/hr, and billed out $58/hr. Grades ranged from 4th graders to high school seniors.
The key would be to organize group tutoring sessions. Get 5 kids in a room, and give the parents a $10/hr discount (Normal $30/Hr rate). $20/Hr/kid. Min 2 hr group session. $2,000.
Someone brought this up to me the other day, and I thought it was kind of brilliant.
Garbage Can Cleaning Business.
IDK about y'all, but I would pay $20-$30 to have my garbage can cleaned every quarter or so. Cause I damn sure don't feel like messing with it my self, and it gets out of hand.. What if you averaged 100-200 houses per month? Pay a high school kid $10/hr cash on the weekends and after school and just collect.
Home Inspection
Would probably require a few grand in up front cost to take the course, take the test, get insured ($300k minimum coverage in LA), etc.
But if you are good in with some real estate, or have friends in the industry, it can easily be operated after work hours or on weekends. $400-$600 avg. per inspection (dependent on size).
Home Appraiser
Tutoring
I tutored for a company in college, and they paid me $30/hr, and billed out $58/hr. Grades ranged from 4th graders to high school seniors.
The key would be to organize group tutoring sessions. Get 5 kids in a room, and give the parents a $10/hr discount (Normal $30/Hr rate). $20/Hr/kid. Min 2 hr group session. $2,000.
Someone brought this up to me the other day, and I thought it was kind of brilliant.
Garbage Can Cleaning Business.
IDK about y'all, but I would pay $20-$30 to have my garbage can cleaned every quarter or so. Cause I damn sure don't feel like messing with it my self, and it gets out of hand.. What if you averaged 100-200 houses per month? Pay a high school kid $10/hr cash on the weekends and after school and just collect.
Posted on 6/26/18 at 1:28 pm to cajuntiger26
You can always get your P&C license and hook up with an MGA. Start selling and building your book while working your 9-5. Eventually leave the 9-5 and work it harder.
Posted on 6/26/18 at 1:47 pm to deeprig9
quote:
This is a much more time consuming "side" business than you might be thinking. Nobody wants you around on weekends, they want it done during the week while they're at work
This is false, but ok. I cut yards on the side every Friday & Saturday. I have 13 contract yards. Never had a single complaint about cutting someone’s yard on Saturday.
Posted on 6/26/18 at 1:48 pm to LSUengineer12
quote:
Garbage Can Cleaning Business. IDK about y'all, but I would pay $20-$30 to have my garbage can cleaned every quarter or so
Or break the top of the garbage can when it gets filfthy, call 311, request a new garbage can for free
Posted on 6/26/18 at 1:48 pm to bstew3006
quote:
Buy 5-10 Jumpers and blow up water slides. Going rate is $225-$325 each per day. Easy Friday-Sunday business. State requires $1mm liability, I think, go with about 5MM.
A couple of my colleagues have inflatable businesses and do well. One of them clears about $70k a year. He has been doing it for years, has a large collection, and a crew of crackheads that deliver and assemble them.
Posted on 6/26/18 at 1:52 pm to Vandyrone
QUOTE:(Ticket reseller for concerts and sporting events)
Works until the concert gets cancelled after you sold them. Then you have to get the buyer back their money, make sure you get your money back from venue. If you sell them on Ebay then you lose money from the fees of the sold tickets.
Maybe there is an easier way now. Just so many ticket brokers that can get the volume and cheaper rates.
I did this a little bit back in the early 2000`s using ebay.
Works until the concert gets cancelled after you sold them. Then you have to get the buyer back their money, make sure you get your money back from venue. If you sell them on Ebay then you lose money from the fees of the sold tickets.
Maybe there is an easier way now. Just so many ticket brokers that can get the volume and cheaper rates.
I did this a little bit back in the early 2000`s using ebay.
Posted on 6/26/18 at 1:58 pm to dukeg
(no message)
This post was edited on 2/11/25 at 7:57 am
Posted on 6/26/18 at 2:03 pm to LSUGUMBO
quote:
Sign Gypsies
My buddy's sister started this and I would have never thought it would become what it has become.
Posted on 6/26/18 at 2:04 pm to LSU999
quote:
Works until the concert gets cancelled after you sold them. Then you have to get the buyer back their money, make sure you get your money back from venue. If you sell them on Ebay then you lose money from the fees of the sold tickets.
Maybe there is an easier way now. Just so many ticket brokers that can get the volume and cheaper rates.
I did this a little bit back in the early 2000`s using ebay.
Selling with Stubhub eliminates the headaches of the scenario you describe, which is a relative rarity in the first place. You wouldn't believe how much easier it is now than it was even 5-10 years ago.
Posted on 6/26/18 at 2:18 pm to Slickback
quote:
You can always get your P&C license and hook up with an MGA. Start selling and building your book while working your 9-5. Eventually leave the 9-5 and work it harder.
As someone in the P&C business, I disagree. You can't expect to be successful in P&C only being able to work evenings/weekends. The rest of the world you're dealing with works on a 9-5. Your underwriters and policy services depts. Mortgage companies, realtors, and title companies you'd be dealing with on insurance for new homes. And clients reasonably expect you to be available during normal business hours.
Meanwhile clients/realtors/lenders are going to be calling your office during normal 9-5 type business hours for assistance, and another agent gets roped into having to handle your business because you aren't in the office during normal 9-5 hours and underwriters, banks, and title companies aren't in their offices at 7:00 at night
Posted on 6/26/18 at 2:21 pm to hungryone
quote:quote:
quote:
Buy 5-10 Jumpers and blow up water slides. Going rate is $225-$325 each per day. Easy Friday-Sunday business. State requires $1mm liability, I think, go with about 5MM.
Also, have a very very strong back. Those damn things are heavy as hell. My cheap brother rents one every year for his kids' birthdays and doesn't pay for pickup/drop off. Somehow I got corralled into schlepping it back to the owner. Like moving sacks of cement
Hire some 16-17 year olds for $10/hour to provide the muscle for delivery and pickup on the bouncers.
Posted on 6/26/18 at 4:07 pm to bstew3006
quote:
Buy 5-10 Jumpers and blow up water slides. Going rate is $225-$325 each per day. Easy Friday-Sunday business. State requires $1mm liability, I think, go with about 5MM.
Now this seems like the best & most realistic idea I have heard. Relatively low cost to entry, almost all of the work farmed out to Low cost set up fees.
This post was edited on 6/26/18 at 4:07 pm
Posted on 6/26/18 at 4:20 pm to cajuntiger26
quote:
Now this seems like the best & most realistic idea I have heard. Relatively low cost to entry, almost all of the work farmed out to Low cost set up fees.
You Welcome, now go make it happen.
If you need funds to buy the 5-10 jumpers, I'll provide. I'll want 25% equity and 10% royalty on every sale. Royalty ends when I double my money!
Posted on 6/26/18 at 4:39 pm to bstew3006
quote:
If you need funds to buy the 5-10 jumpers, I'll provide. I'll want 25% equity and 10% royalty on every sale. Royalty ends when I double my money!
Mr wonderful is on TD
Posted on 6/26/18 at 4:46 pm to LSUvegasbombed
quote:
Mr wonderful is on TD
Heyyyy, somebody got it! I'm guessing youre the DV as well
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