This is my favorite side hustle by far. No tech disruption can make this hustle obsolete and very few are doing it. Watch this video to find out what it is and how you can get started today. Watch Couch Flipping Part 2 here: https://www.youtube.com/watch?v=5AGjh4xVneI
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Before I got started flipping houses and investing in real estate, I was just a 24 year old kid who was trying to provide for my newly married wife Mindy. I was playing pro baseball at the time so I didn’t have a lot of options as far as a job went. I had to get creative in order to provide.
After furnishing our apartment with used furniture from Craigslist, I had a revelation that I could sell all the furniture and make a healthy profit. I decided to test my theory and buy another couch. After a couple days I successfully sold it for $200 profit. At that point I decided to go all in on my new business.
I bought a truck on Craigslist for $1500. I rented a storage unit and I was off to the races. I was making crazy good money at the time! Eventually I ended up upgrading my truck and scaling up to 4 storage units. I was averaging about $8,000 per month in net profit.
As my business grew I realized that I preferred selling couches above anything else. They had less problems, were easier to transport, and there was a big demand for them. It was a very lucrative business and it was an amazing experience into my first true entrepreneur venture.
Eventually I hired my first employee (my buddy) and I started focusing on real estate investing. That was good for about a year. After that, I started to realize that house flipping and wholesaling was much more lucrative so I gave up the couch business.
It was a great side hustle in my 20’s. I highly recommend it for those looking for a way to make some good money. I wouldn’t want to do it the rest of my life, but its a better income than most.