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Search resuls for: "Sarah McCauley"


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The McCauleys make their money by researching what makes side hustles profitable, testing them and teaching others how to do the same on YouTube. The Grand Rapids, Michigan-based couple earned nearly $140,000 from eight streams of income last year, according to documents reviewed by CNBC Make It. Ease of starting is at an all-time high: Platforms like Amazon, Airbnb and Fiverr offer instant access to paying customers. Kindergarten teacher Becky Powell's side hustle — making worksheets for other educators — brings in six figures per year. Her husband also sells worksheets on the platform, and they've used their combined earnings to fund vacations and pay down their mortgage and student loans, Powell says.
Persons: Jamie, Sarah McCauley, Sarah, Jamie McCauley, Bankrate, Jenny Woo, Woo, Jenny Woo Woo's, , It's, Tim Riegel's, Riegel, Tim Riegel, Kathy Kristof, Kristof, Becky Powell, Jerome, worksheets, Powell, Becky Powell's, Becky Powell Powell's, they've Organizations: Walmart, YouTube, CNBC, University of California, Amazon, Kickstarter, Facebook Locations: YouTubers, Rapids , Michigan, Irvine, Lamar , Missouri, Beaverton , Oregon, Amazon
In December 2020, Jamie and Sarah McCauley stumbled into their strangest side hustle yet: Buying pallets of items people returned to Target, Walmart and Amazon. The process seemed simple: Interested parties visited a local warehouse and paid $550, on average, for a pallet of returns. Since then, Jamie, 33, and Sarah, 32, estimate they've spent about $7,150 on pallets from Amazon, Walmart and Target. They've made about $19,500 in profit by reselling the items in those boxes on eBay and Facebook Marketplace, they say. Even the lucrative Amazon pallet contained 19 pieces of inventory that still haven't sold, including some items too damaged to list at all.
The McCauleys say some of their furniture flips are as simple as staging and taking fresh photos of the product. But of all their income streams, Jamie says their YouTube and social media presence is the most stressful to manage. Unlike real estate, the gambles of buying and reselling furniture are minimal in both price and risk, the McCauleys say. The McCauleys say they staged and resold this $50 Facebook Marketplace dresser for $300. Costs and effectGoing a full year without making any money from YouTube was difficult, the McCauleys say.
Those real estate ventures aren't their only income streams. But the real estate business is particularly important to them, both financially and symbolically, they say. Of their multiple income streams, the real estate investments give them the most bang for their buck. High costs, high rewardsAfter realizing they had a knack for flipping housing, the couple started venturing into real estate during the winters, when Michigan weddings were sparse. Jamie and Sarah spend an additional 40% of those earnings on services like trash collection, ground maintenance and pest control.
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