Episode 256 (Season 8, Episode 9) - Create Supplemental Income

09-04-2024 • 37 min

Episode 256 (Season 8, Episode 9)

Create Supplemental Income

I think we can all agree on two things: 1) red M&M’s are the best and 2) things have been tough with real estate lately.

We all love it when everyone is selling their homes, but how do we handle those moments when things are slow? We preach to “double down” on your real estate efforts, but if you must, looking for another source of income may be the preferred solution.

Let’s explore some options and dive deep into the Wright Brothers. We’ll also listen to Megan recoil in horror after being set up by Todd to fun of dentists! Always fun to see Megan squirm!

SHOW NOTES

We think it’s “Going Great in Season 8” [3:14]
Diversifying income is incredibly important right now [5:30]
Todd gives away a $1,000,000 secret! [8:44]
Todd’s worst ideas [10:53]
Todd’s rhyming game is slightly off [12:40]
Option 1: Making money from within real estate [14:29]
Pewter is worth more than bronze? [17:17]
Option 2: Making money working things that are affiliated with real estate [19:02]
Terry shares his AirBNB story [20:55]
Cornfed Criminals! [24:37]
Orville and Wilbur Wright are Indiana natives [27:35]
Christian wins, but Terry finishes under protest [29:22]
Option 3: Work something outside of real estate, but keep it flexible [32:00]
Christian knows most about the “lazy girl” job trend [33:07]
Megan hates on dentists! [34:10]
Action Step: Start researching another income source for slower real estate times [36:41]