Читать книгу Side Hustles For Dummies - Alan R. Simon - Страница 33

If you own real estate, you can turn that asset into a side hustle. You can also monetize other assets into side-hustle money:

 Renting your boat (anywhere from a fishing boat to a yacht!) to vacationers

 Renting your luxury sports car to someone looking to put the finishing touches on an extra-special occasion

Cindy and Tasha plan to earn money from their respective side hustles from what they do (bartending in Cindy’s case, and personal shopping for Tasha). Breanna and Sarah will make money from what they sell. Miguel and Mark will make money from what they know and communicate. Max’s side-hustle goal is to monetize himself. Hu and Min, however, plan to make side-hustle money from what they own.

Hu and Min have been married for 20 years. Ten years ago, Min received a ginormous financial windfall when the software company where she worked at the time went public, and her stock options were suddenly worth a whole lot of money. Hu and Min talked it over, and decided to buy a vacation house in northern Arizona after she cashed out her stock windfall. Fortunately, both of their jobs allowed them to work remotely, so every summer they would pack up their house in Phoenix and escape the 110-degree temperatures for a few months.

Five years ago, Hu received a job offer based out of New York City that he couldn’t turn down, so the family moved across the country. They kept the house in northern Arizona, however; they just don’t spend summers there anymore. Instead, they decided to turn that vacation house into rental property. Initially, they worked through a northern Arizona real-estate agent who would list their house for rent for the entire summer. Eventually, though, they decided to list the house on Airbnb for rentals lasting anywhere from one day to an entire month — and year-round now, because their vacation home was close to one of northern Arizona’s ski areas for winter rentals and near some spectacular hiking trails for spring and summer rentals.