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The Personal Finance Podcast
7 Side Hustles That Can Turn Into a Full Time Business
Sep 18, 2024
Dive into the world of side hustles that can flourish into full-time gigs! Discover the ins and outs of starting a podcast studio and planning golf trips. Learn how flipping thrift store books can lead to significant profits with minimal hassle. Explore innovative ideas like building garage shelves to sell on Facebook Marketplace or launching a cleaning service. Uncover the potential for success with strategic marketing and customer engagement in these thriving ventures!
41:18
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Quick takeaways
- Engaging in strategically chosen side hustles can lead to sustainable income and potential transition into full-time businesses leveraging personal skills.
- Investing in real estate through platforms like Fundrise allows individuals to diversify their portfolios with minimal upfront costs and simplified management.
Deep dives
Investing in Real Estate with Fundrise
Real estate investment can be daunting due to the management of tenants and property upkeep, but platforms like Fundrise simplify the process. Fundrise offers a flagship fund that enables individuals to invest in a diverse real estate portfolio with minimal investment, starting as low as $10. Currently, the market is experiencing declining prices and decreased demand, presenting an opportunity for the Fundrise flagship fund to increase its purchasing activities. Prospective investors should consider the investment objectives and risks outlined in the fund's prospectus before proceeding.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode