The Side Hustle Show
What if you could create $1,000 to $2,000 per month in cash flow from a single property and need just three homes to replace your W-2 income?
Sam Wegert discovered this path 14 years ago when he started house hacking a single property.
Today, he owns over 200 rooms across his co-living portfolio, all passively managed while he lives overseas.
Co-living is when you buy a larger house and rent out individual rooms instead of the entire property.
It’s the difference between earning $250 a month from a traditional single-family rental and $1,000 to $2,000 from the same-sized property set up for co-living.
From the Scale Your Co-Living Real Estate podcast and ScaleYourRealEstate.com, Sam Wegert shares how he turned a simple house hack into a six-figure business addressing affordable housing from the ground up.
(Join his Free 5-Day Co-Living Challenge to learn how to develop the mindset that will take you to success as a CoLiving investor!)
Listen to Episode 721 of the Side Hustle Show to learn:
- how co-living can produce 4-5X the cash flow of traditional rentals
- the formula for converting homes into profitable co-living spaces
- creative financing strategies to get started with minimal capital
Full Show Notes:$1k a Month with your First Co-Living Property
New to the Show? Get your personalized money-making playlist here!
Sponsors:
- Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post!
- Quo (formerly OpenPhone) — Get 20% off of your first 6 months!
- Shopify — Sign up for a $1 per month trial!
About The Side Hustle Show
This is the entrepreneurship podcast you can actually apply!
The award-winning small business show covers the best side hustles and side hustle ideas. We share how to start a business and make money online and offline, including online business, side gigs, freelancing, marketing, sales funnels, investing, and much more.
Join 100,000+ listeners and get legit business ideas and passive income strategies straight to your earbuds. No BS, just actionable tips on how to start and grow your side hustle.
Hosted by Nick Loper of Side Hustle Nation.
436: John Lee Dumas’ Advice for Side Hustlers: Be “The Only”
Speedos, systems, and niche strategy — this episode has it all. John Lee Dumas to share some insights from 2000+ interviews with successful entrepreneurs. (Turns out, I have an informal tradition of hosting John every…
435: 10 Steps to Make Time for Your Side Hustle
How do you make time for a side hustle? That’s one of the questions I get the most, and one of the reasons we return to the theme of productivity so often. In this post…
434: $100k in Sales in 9 Months: Instagram, Salami, and Fun
Last May, Monisha Misra reluctantly accepted her first customer. Nine months later, she’d eclipsed $100k in total sales — all on the side from her day job. BoardsByMo.com is a charcuterie board prep company, and…
433: Simple, Local Cash Flow: Are Laundromats the Ultimate Side Hustle?
Are laundromats “the ultimate side hustle,” like my guest Jordan Berry described? These simple, local, cash-flowing businesses have been around forever, but surprisingly this is the first time discussing them in detail on the show.…
432: How a New Blogger Went from Zero to $200/day in a Year
From burned out freelance writer to making $200+ a day in affiliate sales … all in less than a year. That’s Tami Smith’s story. Tami was writing affiliate content for clients when she had a…
431: Fear of Selling, Protecting Ideas, Podcasting and More: 20 Questions with Nick
It’s time to dive into the ol’ listener mailbag and answer a few questions in this week’s edition of The Side Hustle Show. I’ve had quite a few interesting questions come in since the last Q&A…
430: Built to Sell: How to Design a Business to Run Without You
Service businesses can get a bad rap. After all, there are clients to deal with, and actual labor involved in fulfillment. They’re just not as glamorous as other more “passive” income models. But you should…
429: The Facebook Funnel: A Proven Path from Strangers to Paying Customers
How does the idea of taking your part-time hobby, and turning it into a full-time income sound? That’s exactly what Carey Adam of RunningMoms.com has done. Carey has turned her passion for running and fitness…
428: Hot Tub Cash Machine: Zero to $1000s a Month
You’ve heard of Hot Tub Time Machine, but how does Hot Tub Cash Machine sound? That’s effectively the business model this week’s guest, Steve Nadramia. Steve is a high school history and economics teacher in New York, and…
427: Masterpiece Days: Laying the Groundwork for a Flourishing Life
A masterpiece life starts with masterpiece days stacked on top of masterpiece moments. Whatever your future looks like, to get there you’re going to need to build masterpiece days. To help us build more of…