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☆ 9 people who make extra cash from renting out backyards, vending machines, and other unique side gigs share their winning strategies
▼ + stars: | 2022-10-20 | by ( Ann Matica | ) www.businessinsider.com time to read: +11 min

People are starting their own side gigs as a way to make extra money amid inflation. While taking on an extra job doesn't sound fun in theory — who wants to clock more hours after a full day's work? Insider spoke with several individuals whose unique side gigs include renting out backyard space, planning Disney trips, and art modeling. Read more: How a 27-year-old turned her travel blog into a lucrative side gig using TikTokA Disney travel planner: Set expectations with clientsChelsea Guffy. One of Smith's original vending machines was located at a hotel, while the other was at a nursing home.

☆ I'm a 26-year-old vintage reseller who sells to customers like Post Malone. Here's how I got started on Depop and expanded to a New York City storefront.
▼ + stars: | 2022-10-14 | by ( Claire Turrell | ) www.businessinsider.com time to read: +8 min

Emma Rogue is the founder of Rogue, a vintage store in New York that has fans like Post Malone. He said I should make a video about my Depop store, Rogue — which remained separate from my job at Depop — instead. Depop eventually offered me a full-time job, but I decided to see where I could take Rogue instead and left Depop Space NY in October 2020. The business still has startup vibes, but we have more processes in placeShoppers in the Rogue store. I'm earning more than when I was working at Depop Space NY, but I'm so grateful to Depop because this is how I got my start.

☆ How this 31-year-old turned his side hustle into a $300,000 vending machine business: 'I only work 4 hours a week'
▼ + stars: | 2022-09-29 | by ( Marcus Gram | ) www.cnbc.com time to read: +5 min

Today, at 31, I have a thriving vending machine business that brings in more than $300,000 a year in sales. But one day, a new side hustle idea sparked when my friend saw a woman taking cash out of a vending machine. But I kept at it, and now I have 21 vending machines throughout Baltimore, Philadelphia, Detroit, and Washington, D.C. Look to see if there are vending machine warehouses in your city, and on platforms like Craigslist, Facebook Marketplace and eBay. There are also local vending machine warehouses that sell food and beverage products, like Pinnacle Vending in Philadelphia.

☆ How to build wealth from real estate investing, according to 7 couples and individuals who have done it
▼ + stars: | 2022-09-23 | by ( Business Insider | ) www.businessinsider.com time to read: +10 min

With patience and the right strategies, real estate investing can be a path to financial freedom. Several people who have used real estate to build wealth told us how they got started. Insider spoke to individuals, including Zuber, who have used real estate as a tool to build long-term wealth. When he was in high school, "I found online that 90% of all millionaires became so through owning real estate." From that point on, he decided that real estate would one day be his path to wealth.

The scale of the Russian military’s and political leadership’s setbacks in Ukraine have become too vast for even state media and pro-war activists to ignore. With Russian forces on the retreat, more and more they are accusing the leadership of betraying the troops. As Ukraine retakes territory, videos are appearing online appearing to show massive amounts of equipment abandoned by retreating Russian soldiers. Radical right-wing bloggers calling for Putin to take the gloves off in Ukraine are not a direct threat to the regime, Stanovaya said. The Russian elite is used to seeing Putin as a strong man, someone who deals with challenges and always knows where he’s taking the country.

☆ Inside the ultra-exclusive home-swapping app Kindred — which has a 'Raya-type' invite-only membership and a rapidly growing waitlist
▼ + stars: | 2022-09-18 | by ( Emily Carmichael | ) www.businessinsider.com time to read: +6 min

Some have compared the new home-swapping app Kindred to Raya, the exclusive members-only dating app. With homes that are largely luxurious, the average length of a Kindred stay is six days. Kindred gives home-swapping the (fancy) app treatment. And Kindred has a waitlist that it pulls from to build its housing inventory in locations popular with its members. Kindred vets, and personally photographs each of the homes on the app to ensure residences look like pictures.

I've had a great tenant for the last several years but that almost wasn't the case. I set up strict criteria for applicants but nearly rented to someone who didn't measure up because I liked them personally. She was very interested, but she had inconsistent employment and a pet that didn't meet my listed criteria. Clearly defining my rental criteria was key to making a smart, fair choiceSince then, I've become a lurker in landlord social media groups and listened to podcasts for landlords. Because of that, it's so important to have clearly defined rental criteria in your ads, including items like a minimum verifiable income and photo ID.

☆ Irene Gakwa moved to the US to attend nursing school in Wyoming. Then she vanished
▼ + stars: | 2022-09-04 | by ( Faith Karimi | ) edition.cnn.com time to read: +15 min

CNN —Irene Gakwa’s last WhatsApp video call with her parents was filled with gentle ribbing. After Gakwa’s brothers could not reach her, they looked through her phone records and called a close friend she’d talked to numerous times. A group formed to help find Irene Gakwa prepares to post signs seeking information about the missing woman in Gillette, Wyoming, on June 18. Lacey Ayers talks to Stacy Koester, left, and Melissa Bloxom as they place signs with an image of Irene Gakwa in a yard in Gillette, Wyoming. Gakwa and Hightman eventually moved in together in Meridian, and she started nursing school at College of Western Idaho.

☆ A 23-year-old entrepreneur netted over $750,000 in 2021 by renting out properties he doesn't own. Here's how he got started.
▼ + stars: | 2022-08-13 | by ( Laila Maidan | ) www.businessinsider.com time to read: +13 min

By 2021 — three years into his rental-arbitrage career — he told Insider he had more than 50 properties nationwide. He told Insider that at the time, he had $8,000 in cash saved from his server job in high school and his internship. He told Insider he received about $12,000 a month (netting a $4,000 profit a month) from this deal. By the time 2021 rolled around, Cheung told Insider he was able to pick up several units in one building in exchange for one to two months of free rent. He told Insider his nightly rates run between $101 to $223 on average.

A financial planner suggests getting more intentional about purchases and resist the impulse buy. Ask yourself questions like whether you actually need or want it, if you have it already, and if you can afford it. Do I actually need this or want this? If I feel like I need an item, I'll typically write it down. Plus, the time you spend hunting for a better deal may help you discover if you actually need the item or not.

☆ I bought a laundromat off Craigslist and it makes me $24,000 a month in extra revenue. Here's how I set up this mostly passive 2nd income stream.
▼ + stars: | 2022-06-23 | by ( Dorothy Cucci | ) www.businessinsider.com time to read: +10 min

Now, I own the Bubbles and Bleach laundromat in Visalia, California, and it brings in about $24,000 in revenue every month on average. "A good price" for a laundromat entirely depends on its cash flow — or the yearly gross revenue, minus all expenses. When you buy the business, are the employees going to stay on, or will you need to find new ones? On average, each side brings in about $12,000 a month in gross revenue, which comes out to about $24,000. If you've successfully created a secondary or passive income stream and want to share your story, email Dorothy Cucci at dcucci@insider.com.

When you are upside down on your car loan, you owe more money on your vehicle than it's worth. Consider refinancing your car loan or contributing more money per month to reduce negative equity. What is an upside-down car loan? When you are upside down on your car loan, you owe more money on your car than it's worth. Let's say you took out a car loan of $20,000 with a five-year term and a 5% interest rate.

☆ This 65-year-old retiree just moved into a $420 per month apartment in Mexico 'steps from the beach' — take a look inside
▼ + stars: | 2021-08-07 | by ( Janet Blaser | ) www.cnbc.com time to read: +6 min

Photo: Lucas Mullikin for CNBC Make ItI can also walk to a plethora of cafés, shops and restaurants. Photo: Lucas Mullikin for CNBC Make ItThe two bedrooms are separated by a spacious "Jack and Jill" bathroom. Photo: Lucas Mullikin for CNBC Make ItThere's a galley kitchen leading back to what used to be a maid's room with a half-bath. Photo: Lucas Mullikin for CNBC Make ItA special space that already feels like homeMy decorating style is pretty eclectic. Photo: Lucas Mullikin for CNBC Make It

☆ An Ohio man bought a laundromat off Craigslist. Now he's a millionaire.
▼ + stars: | 2021-04-24 | by ( Libertina Brandt | ) www.businessinsider.com time to read: +7 min

For the first decade-or-so of his life, Menz told Insider he lived in "pretty extreme poverty" in Flint, Michigan. Menz told Insider that he realized early on in his career that he wanted to be his own boss. While the income wasn't much, Menz told Insider that it was expected, and why he kept his full-time job. So he bought the laundromat business for $75,000 and the building for $170,000. In 2016, Menz bought a fourth laundromat for about $35,000.

☆ I'm a DoorDash delivery driver who makes anywhere from $200 to $800 a week. Here's what I wish I knew before signing up to drive for the company.
▼ + stars: | 2021-03-18 | by ( Meira Gebel | ) www.businessinsider.com time to read: +10 min

Mike Hayes, 35, is a DoorDash delivery driver in Oregon. He can make up to $800 working about 45 hours a week; on slower weeks he earns $200 to $300. While I was job searching on Craigslist, I kept coming across ads to be a delivery driver for DoorDash, so I thought "Why not?" I work roughly eight hours a day, six days a weekHe works about 45 hours a week. On a good week, I can make up to $800 working about 45 hours a week.

The Detroit Land Bank Authority sells publicly owned properties in poor condition at low prices. That's how high-school teacher Deandra Averhart purchased a three-bedroom home for just $2,690.50. Averhart broke down how she transformed the house while keeping renovation costs low. The Detroit Land Bank Authority (DLBA), founded in 2008, sells run-down and vacant properties. In June 2018, native Detroiter Deandra Averhart purchased a home through the DLBA's Own It Now program for $2,690.50.

If you have bad credit, you may have trouble renting an apartment if you live in a city where credit checks are a part of the rental process. Get help improving your credit score with CreditRepair.com »Get the latest tips you need to manage your money — delivered to you biweekly. If you have bad or poor credit — somewhere between 300 and 579 — it's not impossible to rent an apartment, it just might take a little more work on your part. Check your credit scoreIt's best to know what you're getting into before having a potential landlord deny your apartment application because of your credit score. To check your credit score for free, use Credit Karma, Credit Sesame, Credit.com, or FreeCreditReport.com.

☆ Google reveals the 10 most popular travel destination trends of 2019
▼ + stars: | 2019-12-13 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +6 min

1 travel destination trend in the U.S., per Google's "Year in Search 2019" results. 3) Bora BoraSunset from the Four Seasons Resort Bora Bora. In 2009, Club Med Bora Bora shuttered its doors. Home to a crystalline lagoon and sugary sands, Bora Bora is a good spot to swim with sharks (the pleasant kind), rays and even whales. Americans search for "all-inclusive" resorts as well as specific hotels, such as the Four Seasons and St. Regis properties.

☆ I made $70,000 through this side hustle at 27—while working a full-time job. Here's how I did it
▼ + stars: | 2019-09-30 | by ( Bola Sokunbi | ) www.cnbc.com time to read: +4 min

I've done just about every side hustle you can imagine, from selling Avon products to my mom's friends to starting an online retail store for bridal accessories. But Onada Photography, the wedding photography business that I started in my early-20s, was my longest-running one. A natural interestGrowing up, my dad was always taking photos of our family. But the idea to turn my hobby into a business came about during a trip to Jamaica for my friend's wedding. I was more than happy to do it, and photos I took turned out better than I expected.

Figuring out how to rent a house in your area starts with determining your budget, then making a list of must-haves and searching listings. Once you've found your dream home, prepare to negotiate the rental terms and sign the lease agreement. Regardless of why you'd like to rent a house, here are the steps you'll need to take if you choose to go this route. Fill out a rental applicationOnce you've negotiated rental terms and are ready to move forward, you'll need to fill out a rental application. Pay the rental application feeYour application fee will depend on where you're renting, the landlord or property management company you're working with, and the particular house you've decided on.

☆ This 29-year-old bought a $60,000 Tesla with a credit card and earned an estimated $5,000 in rewards
▼ + stars: | 2018-08-16 | by ( Yoni Blumberg | ) www.cnbc.com time to read: +2 min

"The trick with my Tesla purchase is the card I used, [the] Chase Ink Business Preferred, earned 3X points for the purchase," Rosso tells CNBC Make It. Ink Business Preferred cardholders receive 3 points on every dollar spent in a range of categories designed to benefit small-businesses owners. The 2.5 percent fee came out to about $1,470, while the purchase earned him nearly 180,000 Chase Ultimate Rewards points. To buy something as expensive as a Tesla, you'll also need a high credit line, which can be a perk of a business card. Technically you need to run a business to qualify for a business card, but the definition of "business owner" these days can be broader than it may seem.

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