Making Money

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Today we are speaking with Leslie Heindel, the woman behind 365 New Orleans and Be New Orleans!

1. Who are you and what do you do?

My name is Leslie Heindel. I’m a 5th generation New Orleanian and have been a REALTOR since 2014. My niche market is single women, but I help all kinds of folks. I am super passionate about shopping locally and I’m very community focused.

2. What was your inspiration behind the 365 New Orleans campaign? Why the emphasis on artists?

I thought it would be a great way to highlight small businesses, artists, and non-profits in New Orleans and the metro area. I wanted people to know it was completely free and there were no gimmicks – because we had pushback when we started. People wanted to know what the catch was. Artists are self-employed and they are their own business. We have so many amazing artists in New Orleans that the project could have just been about them. However, not enough of them get exposure or know how to market themselves well. I say this as an opportunity to give them a shout-out.

3. How many days have you completed so far, and what are a couple favorite people/places?

Today (6/17) we are at Day 331. Oh god, so many of them are my favorites. Angela Grillo who is a dream reader was pretty amazing. I ended up hiring her and just think she’s supremely talented. Desmond Melancon is an artist who does hand beading. His work is so intricate and phenomenal. Mose, Mary, and Me makes pop-culture candles. I own so many of them and was excited to meet the creator. oh! And NOLA Sips. I saw a woman selling adult-beverages that looked like grown up Capri Suns outside of the Beyonce concert. I KNEW I had to track her down – and I did!

4. What’s the biggest surprise since you started?

The reception it’s received. Many of the featured people have told me they have gotten new clients and that was all I ever hoped for. Also, while I hoped it went well, I had so many supporters trying to help me get to the finish line.

5. How do you measure the ROI of your efforts?

There is no ROI because that’s not what this is about. While I have picked up some business from it – not everything is about making money. This was never about that. 365 New Orleans is about promoting our small businesses and shining the light on them – not me. I’ve paid a social media manager, I am throwing a party for all the participants. This is a project strictly coming from the heart.

6. What your advice to other agents/brokers considering taking this approach?

HAVE A GAME PLAN. This is a massive undertaking. Lots of people start and never finish. If you don’t think you have enough people and places for 365 days – then do it another way. Do one a week then! If I could turn back time, I would have had a month worth of interviews before starting. I only had 7 interviews completed when I launched. It was a huge gamble, but it paid off.

If you don’t have the time to post everyday, get a social media manager. It was the best money I ever spent.

Thanks to Leslie for taking the time to provide color on her efforts. If you’d like to learn more, contact her at [email protected] or on Linkedin here.

Source: geekestateblog.com

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Are you looking to learn how to find a free car? Cars are expensive. There’s no doubt about that. Is it possible to get free cars? Getting a free car may sound too good to be true, but it’s possible for people who meet certain requirements, which we will talk about below. In this article,…

Are you looking to learn how to find a free car?

Cars are expensive.

There’s no doubt about that.

Is it possible to get free cars?

Getting a free car may sound too good to be true, but it’s possible for people who meet certain requirements, which we will talk about below. In this article, I’ll show you how to get a free car through different ways, from charity donations to assistance programs, and more.

I understand that there are so many people who would benefit from a more affordable transportation option. After all, a car can be essential to landing a job, getting to work, helping you pick up and drop off your children at childcare (so that you can work!), getting groceries, and so much more.

Low-income families, single parents, individuals with disabilities, veterans and their families, and so many others may particularly benefit from getting free vehicles to improve their quality of life.

Whether it’s making it easier to get to work, taking the kids to school and childcare, or simply attending important appointments, acquiring a free car can have a significant impact on your daily life.

Related content:

Why do free cars exist?

Free cars exist to help people who need transportation.

There are many organizations whose sole purpose is to help you get a free car because they know how much it can change a person’s life.

Below are some organizations that may help you find a free car:

  • Nonprofit Organizations — Some nonprofit organizations give away cars for free to those who need one. They work with local partners and households and accept donations of old cars and used cars, which are then fixed up and given to those who need them. These organizations usually target specific groups of people, such as low-income families, working families, single parents, military families, or disabled individuals, who may find it hard to afford a car on their own.
  • Churches and Private Charities — Churches and private charities may offer car help in your community as well. They usually work on a smaller scale, providing help to local residents experiencing hardships and may just give out a free car here and there. These organizations often rely on donations from members of the community and local businesses, and they require applicants to demonstrate a genuine need for a vehicle. You may need to contact local churches and charities directly to learn more about how to get a car for free.

People donate their used cars all the time. Their reasons may be either because they have no use for the car, they want to avoid the hassle of selling a car, for tax breaks, or they want to help others.

Who can benefit from free cars?

There are many people who can benefit from a free car, such as:

  • Low-income families — If your family is struggling with money and you are finding it hard to afford your bills, you might be eligible to receive a free car if you can show your need to an organization.
  • Single mothers and single parents — Single moms and parents need transportation so that they can get to work and also be able to bring their children to childcare. Not having a car can make this much more difficult.
  • Domestic violence victims — Having reliable transportation can be important for the safety and well-being of domestic violence victims. Some organizations have experience providing a free car in this situation and understand the need for privacy.
  • Disabled individuals — If you have a disability, you might be eligible to receive a free car to help you get around and be more independent.
  • Veterans and military families — Veterans and military families can also benefit from free car programs. There are organizations dedicated to providing assistance to those with a military background, to repay them for their service and sacrifices.
  • Victims of natural disasters — If you have experienced loss from a natural disaster, then you may benefit from many charitable free car organizations.

Of course, there are many more people who could benefit from finding affordable transportation as well. This is not a full list of those who might need a free vehicle.

Now, you do want to be cautious with getting a free car. If you are receiving government assistance, such as housing assistance, welfare, or food stamps, then accepting a free car may be considered income and it can affect your benefits. This is something that you will definitely want to think about as you do not want to lose these benefits.

How To Get A Free Car

There are organizations that help you get a car when you need a free vehicle. And there are other ways to find a free car as well. Below are some of the options that you may want to look into:

1. 1-800-Charity Cars

1-800-Charity Cars (also known as Free Charity Cars) is a nonprofit organization that provides free vehicles to eligible people, including domestic violence victims, the medically needy, victims of natural disasters, veterans and military families, and families transitioning from public assistance to work. It was the first charity of its kind in the nation.

This is the original free charity cars organization and they have given away over $70,000,000 in cars (over 9,000 cars) nationwide since they started the organization in 1996.

To apply, you will need to meet their eligibility criteria and submit an application on their website. Some of their eligibility requirements include being over the age of 18, being a resident of the U.S., having a valid driver’s license, being at or below 200% of the Federal Poverty Level, and having a genuine need for a vehicle.

This is a good place to start if you need a free car and you’re wondering where can I get a donated car for free.

2. Vehicles for Change

Vehicles for Change was started in 1999 and has given out over 7,500 cars to low-income families for little to no cost.

This organization helps residents in the states of Maryland and Northern Virginia. Cars are repaired and restored by people seeking workforce training as auto mechanics.

Donated vehicles are provided to families in need who meet their eligibility requirements. Eligible applicants must have a verifiable job offer or be working at least 30 hours per week, have no DUIs, and have a valid driver’s license to begin the application process.

3. Good News Garage

Good News Garage is a car donation program to look into if you’re trying to find a free car. They provide refurbished free cars for low-income families that meet their eligibility requirements. They give out around 200 cars to families in need each year and have provided around 5,500 cars since starting in 1996.

This organization is available for those in need who live in the New England area of Massachusetts, Vermont, and New Hampshire.

Good News Garage also has a transportation program. If you need to get to a job or get your children to childcare, then their program Ready To Go may be able to help you with this as well.

4. Online Car Donation

OnlineCarDonation.org is another platform that donates refurbished vehicles to needy individuals and families.

Online Car Donation gives free cars to people such as those with physical challenges, families living in homeless shelters, military families, and more.

You can apply by filling out their application form on their website and providing the required documents to prove your eligibility.

After you submit your application for a free car, if you are chosen, you will be contacted within 30 days. If you do not hear back within that time frame, their website says you can apply again as applications are only valid for 30 days.

5. With Causes Charitable Network

The WithCauses.org Network helps individuals and families in need by providing resources and assistance, which includes help getting a free car. The eligibility requirements may vary, so visit their website to find out if you qualify and how to apply.

6. Salvation Army free car program

The Salvation Army offers a free car program for eligible candidates.

They mainly focus on helping domestic violence victims, families in dire financial situations, and the homeless. Visit your local Salvation Army branch to inquire about their car donation program and how to apply.

7. Cars 4 Heroes

Cars4Heroes donates free cars to first responders, military veterans, and their families who are in need of transportation.

Cars 4 Heroes was started in 1996, and the organization currently gives away over 300 cars a year in the Kansas City, Kansas, metro area.

You can fill out their application form on their website and provide the required documentation to be considered for a free car.

8. Local church

Your local churches or other religious institutions may have programs that provide free vehicles to families that need help getting a car.

You may want to contact your nearby churches to find out if they have any car donation programs and how to apply or if they have eligibility requirements. They may know someone that they can connect you with to help you get a free car.

9. Check Facebook Marketplace and Craigslist

Many people often give away their cars or sell them at low prices on platforms like Facebook Marketplace and Craigslist.

If I was wondering about free cars near me, then I’d browse through these websites regularly to find out if anything is available. The search can be customized by entering your budget and location to see if anything suitable turns up. 

10. Find a job that gives you a free car

There are jobs that may give you a free car as well, in case none of the above options works for you.

Some job positions that may come with a company car include sales representatives, district managers, or regional directors who spend a lot of time traveling between different offices.

To start your search for jobs that give you a car to take home, you can look for job postings with phrases like “company car provided” or “full-time vehicle provided.” Job websites such as Indeed, LinkedIn, and Glassdoor make it simpler to find such job listings by using specific keywords, so you may try searching for those. I did a quick search and was able to pull up jobs easily by typing those phrases into the keyword search bar.

Some employers might offer a car allowance instead of providing a free car. In this case, you would receive a monthly stipend to use toward your vehicle expenses. This would offset some of your car expenses, such as monthly payments or maintenance.

Also, if you know someone who currently has a company car, you can try asking them for tips and advice. They might even refer you to open positions at their workplace, and this can help you get a job with a free car as well.

11. Look for a free dealer donation

Dealer donations are a little more difficult of an option, as car dealers are in the business of making money, not giving away all of their cars that make them that money.

But, it doesn’t hurt to try if you have the time to write a letter and reach out to a car dealership.

To obtain a car dealer donation of a free used car, you’ll want to start by seeing what local dealerships are in your area. You can research their involvement in charitable activities to see if they even give out free cars (maybe do a simple search of the dealership’s name plus the term “free car” or something like that), as this will show you that they are open to the idea of donating a vehicle to those in need of a free car.

Once you have a list of local dealers to reach out to, there are ways to get a free car from a dealership. You can write a letter talking about your situation and reasons for requesting a donated car. You should talk about your struggles and the positive impact the donation will have on your life (such as, what a donated car will help you do).

When writing your letter for a free dealer donation, here are some things to think about:

  1. Write the letter to the dealership’s owner or general manager, as they will likely have the authority to approve a car donation or be able to talk to someone who does have that authority.
  2. Explain your situation fully and provide the specific reasons why you need a car.
  3. Talk about how a car donation would improve your life and allow you to overcome challenges or achieve goals.
  4. Provide information on any relevant programs or resources, such as a community organization or nonprofit, that may support your request for a free car.

After you have written your letter, submit it to the dealership. You may do this by sending it to the physical mailing address of the person, their email address, or perhaps even handing your letter to them in person.

Here are answers to common questions you may have about finding a free car:

What are other transportation options if I can’t find a free car?

There may be a long waiting period if you are applying for a donated car. If you are not able to find a free vehicle, then you may need to look into other options to get around town. Here are some ideas on how to get around if you don’t have a car of your own:

  • Public Transportation — If you live in a place with public transportation, then this option is something to look into. One great thing about public transportation is that you won’t have to pay to maintain a vehicle or repair anything. Of course, public transportation sometimes takes longer and may not be widely available to you (unfortunately, there are many towns in the U.S. that do not have great public transportation options), and that is something to think about. Also, more and more cities offer public transportation at no charge. You may have to apply for a special card to get this free service, or it may be available to everyone. It’s worth asking around about because it can save you hundreds of dollars a month.
  • Carpooling — Carpooling is an option to think about if you are unable to find a free car, especially for people who live in areas with limited public transportation. Car owners may be looking for riders so that the expense of ownership is offset a bit. You’ll need to share the cost of expenses, such as gas, tolls, parking, and wear and tear. You may be able to share rides with coworkers, friends, or neighbors. To save money, you could offer to trade babysitting, gardening, or home repairs for the ride. Also, check out carpooling apps that apply to your local area.
  • Rideshare Services — Now, rideshare most likely won’t be the most affordable option, but sometimes you don’t have a choice. Rideshare services, such as Uber and Lyft, may be able to get you to where you need to go if you don’t have any other options. To save money, use an app that compares rideshare companies and finds you the cheapest price. And, as far as your work commute, it’s good to know that some companies offer rideshare services as a benefit to their employees and will pay for the full cost or part of it.

How can I find free cars given away near me?

Yes, you can find free cars given away near you. There are many local organizations that may be able to help you out. You can research the various charity programs in your area and see if you meet their eligibility requirements for a free car.

Many charities, such as Charity Cars, provide free vehicles to people in need. These organizations often target specific groups of people, like veterans or victims of domestic violence.

Next, reach out to local branches of organizations like the Salvation Army or Goodwill Industries. These organizations may also auction off donated cars at affordable prices. Reach out to your nearest branch to learn more about available vehicles and to find out if they hold any auctions.

Another option is Online Car Donation, which aims to provide free cars to as many people in need as possible. Fill out their application to see if a reliable used car is available for you. They also offer trucks, vans, and sometimes even modified vehicles for individuals with disabilities.

Remember to be patient but also to keep trying, as it can sometimes take time to find the right opportunity for a free car. And, many times your application is only good for 30 days, so keep in mind that you may have to submit it over and over again.

Is Free Charity Cars legit? 

Yes, Free Charity Cars is a legitimate organization that connects eligible people with free vehicles. They have high ratings and many endorsements.

How to get a car if you can’t get a free one?

If you’re not able to get a free car, you do have some other options, such as learning how to get a cheap car and learning the best way to get a car loan with a low interest rate.

Here are my tips for finding a cheap car:

  1. Shop around for cars that are affordable to you: Many organizations offering a free car may also give you the option of purchasing a refurbished vehicle from them at a much lower cost than elsewhere. Otherwise, check out your local dealerships, online car-selling platforms, and even Craigslist to find the best deals on reliable cars in your area. Don’t limit yourself to just one site; shop around and be patient until you find a car that fits your budget.
  2. Buy a used car: Buying a used car rather than a brand new one can save you money. Pre-owned vehicles tend to be more affordable and can still offer reliable transportation.
  3. Negotiate for the best price: Don’t be afraid to negotiate the price of the car with the car seller or dealership. They may be able to lower the price, especially if you can show them that similar cars are around for cheaper prices elsewhere.
  4. Check your credit score: Before applying for a car loan, make sure that you know your credit score. A better credit score increases your chances of getting a lower interest rate on your car loan. If you can, I recommend you take the steps to improve your credit score (even while searching for a free car) in case you need to apply for a car loan.
  5. You can learn more about building up your credit score at Everything You Need To Know About How To Build Credit.
  6. Shop around for car loans: Just as you should shop around for the best car deal, you should do the same for car loans. Different lenders may offer different interest rates and loan terms.
  7. Choose a shorter loan term: While a shorter car loan term means higher monthly payments, you’ll pay less in interest overall, making the car less expensive over the years.

There are plenty of options for finding cars that may not be entirely free but are still affordable to you.

Related content: Save Money With These Top Tips For Buying A Car

How To Get A Free Car — Summary

I hope you enjoyed today’s article on how to get a free car.

If you need a car but cannot afford one, there are several ways to possibly get a free car. Many programs and organizations exist to help people get a free car, especially if you belong to certain categories, such as low-income families, veterans, domestic violence victims, or those transitioning from public assistance.

Remember, you do want to be cautious with getting a free car as well. If you are receiving government assistance, such as housing assistance, welfare, or food stamps, then accepting a free car may be considered income, and it can affect your benefits.

To find free cars near you, it’s important to explore local nonprofit organizations, as well as community centers, churches, or social services agencies that may have information about free car programs or resources in your area. Some jobs come with a company car that you can take home.

Here are some potential resources to assist you in getting a free car:

  • Local nonprofit organizations
  • Online car donation websites
  • Community centers and churches
  • Social services agencies

Remember that just because you meet the eligibility requirements for a free car and apply for one, it does not mean that you will succeed. There are many people who would like to receive a free vehicle as well. However, you can increase your chances of getting a free car if you can show that you have a need and you have a story to share (since people personally review the applications to see who needs the car the most).

Are you looking to learn how to find a free car?

Source: makingsenseofcents.com

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Want to learn how to invest in self-storage? I have stored boxes of my stuff plenty of times over the years and there’s a good chance that you have as well (or perhaps you know someone who has). Investing in self-storage facilities can be a relatively low-risk asset for people looking to diversify their income…

Want to learn how to invest in self-storage?

I have stored boxes of my stuff plenty of times over the years and there’s a good chance that you have as well (or perhaps you know someone who has).

Investing in self-storage facilities can be a relatively low-risk asset for people looking to diversify their income streams. Or, perhaps you’re looking for a full-time income and are looking for your own business to start!

So, what exactly is investing in self-storage?

It is when you put your money into self-storage facilities and rent out units to renters.

I have personally used self-storage facilities for many reasons over the years for a short-term period, and nearly every single time I think about the profitability of it all and how passive it seems to be a self-storage owner or self-storage investor.

There are usually no customers at the facility (I’ve almost always been the only one there when dropping off or picking up), but every unit is being rented. Seems like an interesting way to make money with not too much work!

Plus, over 9% of households pay for self-storage units, and there is a lot of demand for new facilities.

Quick Summary

  • Self-storage investing can be a way to make money and run a business with low expenses
  • There is a lot of demand for storage units, with many businesses having a very long waitlist
  • If you don’t want to run a business, you can also buy shares in an REIT or even just rent out your garage or basement

What is Self-Storage Investing?

To put it simply, self-storage investing is when you invest in storage facilities.

More and more people need storage units for many different reasons such as moving, downsizing a home, needing a place to store something that a person doesn’t have room for (such as an RV or boat), or even businesses that are storing extra inventory.

For example, someone might need a short-term lease to store their belongings due to being in between homes (like if they are moving but their next home isn’t ready yet). Or a person on a long trip may decide to sell their home, but they need a place to store their important items.

If you decide to invest in self-storage, you have a couple of options. You can start by purchasing and owning a facility yourself or passively invest by buying shares in a self-storage REIT (Real Estate Investment Trust). I will be going over each of the options further below.

Related content:

Is Self-Storage a Good Investment?

Yes, deciding to invest in storage units can be a good idea.

According to Neighbor, the average profit margin on a self-storage unit is around 41%, and they typically have high occupancy levels of around 92%.

One of the main positives of investing in self-storage is being able to earn income with less work (you’re not dealing with customers all day long – people tend to store their stuff and not visit it often).

Self-storage facilities usually have low expenses compared to other types of commercial real estate investments. Also, self-storage is usually recession-resistant as people still need to store their stuff.

Another benefit of investing in self-storage is the flexibility it offers because you don’t need very many employees to run a storage lot. Some lots that I’ve been to don’t even have any employees – instead, you call the owner when you want to get your stuff and they then send someone down. People tend to store their stuff and not touch it for a while.

Related: 18 Passive Income Ideas To Earn $1,000+ Each Month

Types of Self-Storage Facility for Investment

When investing in self-storage facilities, you may not know that there are a few different types.

This section will discuss the different self-storage facilities you can invest in.

1. Climate-Controlled Storage

Climate-controlled storage is something that more and more people want these days because it can protect their belongings from temperature changes and humidity.

After all, many places get very hot weather, and storage units can get quite hot inside. You don’t want your things to melt into each other.

These types of units are good for storing items like electronics, artwork, or documents.

Now, your location is important in deciding if you need climate-controlled self-storage, as areas with extreme temperatures or humidity obviously will need AC more. For example, a storage facility in Florida may be more likely to have air conditioning than a facility in Alaska. And, a facility in Alaska is more likely to have heat than a storage unit in Florida.

2. Mixed-Use Storage

Mixed-use storage facilities combine multiple types of storage units in one location.

For example, these types of facilities may have climate-controlled, drive-up, boat, and RV storage all in one place. Many storage facilities are like this. They cater to different customer needs and tend to have a broader target market due to being able to store so many different types of items.

People tend to like these forms of storage as they can store all of their belongings in one place, instead of having their stuff scattered across town.

3. RV and Vehicle Storage

With so many people owning RVs and extra vehicles, the demand for storage has increased over the years.

Also, many neighborhoods simply do not allow for RVs or extra vehicles to be parked in front of their home (or even in their driveway, backyard, etc.), so a storage lot is needed.

Some storage facilities may even just be massive warehouses where people can store their RVs, valuable cars, and boats inside.

We have stored an RV in a place like this many times. We have found the typical rent to be around $5 to $10 per foot for our RV in an indoor parking lot, so you can see how quickly storage revenue can add up! Some businesses even have private RV units, and those fetch a much higher rate, such as $400-$600+ per month.

4. Boat Storage

Boat storage facilities specialize in safe storage for boat owners during the off-season or when not in use. These types of facilities typically have long waitlists too.

Boat storage businesses sometimes have both indoor and outdoor options (or they may focus on one or the other), as well as extra services like boat maintenance, hauling, launching, and more.

Coastal regions or areas with nearby water access (such as Florida) are usually good locations for investing in boat storage facilities as there are more boats, of course.

We have used boat storage facilities many times over the years to store our own boat. The amount you can make per boat can be anywhere from a couple hundred to a couple thousand dollars each month, depending on the location and the type of boat (catamaran vs. small fishing boat, for example) you can store. We have paid anywhere from around $1,200 to over $2,000 a month in the past for boat storage.

5. Drive-Up and Outdoor Storage

This is the type of storage that pretty much everyone has seen, as they are very common.

With this type, customers can drive directly to their storage unit, making loading and unloading much easier. These types of facilities are usually single-story buildings. Many times they do not have AC or heat.

Drive-up and outdoor storage facilities give renters an easily accessible storage solution.

How to Invest in Self-Storage

If you want to invest in self-storage, there are a few different ways to do so.

1. Buy an Existing Self-Storage Facility

One of the easiest ways to enter the self-storage market is by purchasing an existing business, such as those for sale by mom-and-pop operations.

This can save you time as everything is in place and you already have customers with rented units. Yes, you can improve some of their processes, but a lot of the hard work is already done for you.

But, purchasing a facility can be expensive upfront, though, because you will be buying a business with land, a building, and an existing customer base.

Just as an FYI – As you’re looking for storage facilities that are for sale, you may come across different classes. Class A facilities usually are higher-quality climate-controlled storage units, whereas Class B and Class C facilities may be lower-quality.

Buying an existing storage lot can possibly make you more money than investing in REITs (discussed further below), but it also means more hands-on management and responsibility because you will be actively running a business and managing employees.

2. Build a New Self-Storage Facility

There are around 2 billion square feet of storage space in the U.S. alone, but there is a high demand for more. Many self-storage facilities have long waitlists even!

I have called many storage lots only to find out that they had waitlists that were years long. I have even several times called every single lot within a few state radius, and found that every single one had a waitlist.

Yes, the storage business is really in that much demand!

As a self-storage investor, you can take advantage of this high demand and build your own storage facility.

To create a self-storage facility from the ground up, you will need to do the following:

  • Find land to buy – Once you know that an area needs a storage facility, you will need to find land to buy to build on. You will also want to make sure that it is easy to drive to (for example, if you are building an RV storage lot, you don’t want low bridges as the only way to get to your lot because no one will be able to get there then).
  • Build – After you buy the land, you will need to think about what you want your facility to look like, then hire a construction company to build your plan.
  • Open up for business– Once the facility is built, you will need to market it and get customers. You will also want to set up the systems to manage daily operations effectively and as passively as possible.

Self-storage is in demand, so building a new storage business can be a way to get started and make money.

3. Buy Shares in a Real Estate Investment Trust (REIT) That Focuses on Self-Storage

If you want to invest in self-storage without actually owning and managing a business, one way is to invest in an REIT.

REITs are a type of investment that allows you to buy shares in a company that owns self-storage facilities. Think of it like shares of stock in a company that you can buy.

With REITs, you can invest in a portfolio of self-storage properties without physically owning or managing the facilities yourself.

This is more passive because you don’t need to hire employees or do maintenance checks.

4. Rent Your Space on Neighbor.com

If you have extra space in your own home such as a garage, closet, driveway, or spare room, you can rent it out as storage space through a platform like Neighbor.

With this site, you can earn $100 to $400+ each month (the rate you can get depends on demand in your area and the type of storage you are renting out).

Here’s how Neighbor works:

  • Sign up for a free account – Create an account on Neighbor by clicking here.
  • Describe your space – Write a detailed description of your space, including the dimensions, location, and any features (such as air conditioning or heat). Add pictures of the space as well so that potential renters can see what you are renting out.
  • Set your price – Choose how much you want to charge for renting your space.
  • Manage rentals – Connect with interested renters, agree on terms, and manage ongoing rental contracts, all through the Neighbor platform.

You can learn more at Neighbor Review: Make Money Renting Your Storage Space.

Advice for managing a self-storage facility

If you decide to run your own storage facility, then here are my tips for new self-storage operators.

Making money from self-storage

To make money from your self-storage facility, you need to think about what your customers want. So, you may sell amenities to your renters, such as vehicle washing, starting up their vehicle or checking on it, electrical plugins to charge vehicles or RVs, and so on.

You’ll also want to think about how much money it will cost you to actually run the business. Will you need to hire workers? How much will maintenance cost you so that you can keep the facility in good condition?

Security in self-storage facilities

Security is very important for customers when choosing a self-storage facility. Customers care about their stuff and they don’t want anything happening to it, such as it being stolen.

So, you will want to make sure that your facility has a lot of light (especially at night time), security cameras aimed at different angles, and gates with codes. This helps your customers feel safer about leaving their stuff at your storage facility, and also helps to protect your business from liability issues and bad reviews (for example, if a person has their stuff stolen from your facility, they are likely to leave a bad review and this can cause others to not use your storage units as well).

Frequently Asked Questions About How To Invest In Self-Storage

Here are answers to common questions about investing in self-storage.

How can I find a self-storage business for sale?

To find a self-storage business for sale, you can start by searching on websites like LoopNet and BizBuySell. I took a quick look at both of these sites and found many for sale quite easily from anywhere in the hundreds of thousands to in the millions of dollars price range.

What are the best self-storage stocks to invest in?

The best self-storage stocks for you to invest in will depend on your own money goals and the amount of risk you want to take on. Unfortunately, I cannot tell you which is the best self-storage stock, as I am not your financial advisor and I do not know your specific situation. But, I can tell you which ones are popular.

Some of the most popular and best self-storage stocks include Public Storage (PSA), Extra Space Storage (EXR), and CubeSmart (CUBE).

Which self-storage REITs have the best returns?

Real estate investment trusts (REITs) are a popular way to passively invest in self-storage facilities. Several well-known self-storage REITs include Life Storage (LSI), National Storage Affiliates (NSA), and Simply Self Storage (SSS).

Keep in mind that past performance and dividends do not mean that the same will be true in the future, so it’s important to do your own research.

What risks are there with investing in self-storage?

Like with all businesses, there are risks when it comes to self-storage. Some risks include competition, changes in demand, and possible natural disasters that could hurt the facility (such as a severe storm or a flood).

Also, managing a self-storage facility will, of course, require at least some time from you and may even require employees, so you should also think about operational costs and business management.

How profitable can a self-storage business be?

The amount of money that a self-storage business can make depends on many things such as location, demand, and operating costs.

Can owning a self-storage unit generate passive income?

Having a self-storage facility can earn you passive income through rental fees. But, managing a self-storage facility also requires that someone works at the business, to check people in, show units, and check on the property. You could hire employees so that it is more passive for yourself.

You can also earn passive income by investing in self-storage REITs or stocks instead of owning and running a storage facility.

Does self-storage do well in a recession?

Self-storage in the past has performed relatively well during recessions, as people often downsize their homes or need temporary storage. Of course, though, the past doesn’t mean that it will always do well. So, it is always best to do your research and prepare as best as you can.

What is the future outlook for self-storage?

The future for self-storage looks to be positive, as there is a lot of demand for storage units and I’m still constantly seeing waitlists everywhere. In fact, whenever I need to store something even for just a few months, I’m always being told that I need to call a year in advance for a spot.

Many storage facilities have a high occupancy rate, long waitlists, and cannot keep up with demand.

How To Invest In Self-Storage – Summary

I hope you enjoyed today’s article on how to invest in self-storage.

If you are looking to add a new asset class to invest in, becoming a self-storage investor can be an interesting way to bring in a stable cash flow and make more money.

Self-storage is in high demand too, with many businesses currently having a long waitlist.

Factors such as location, demand, the quality of facilities (Class A, Class B, and Class C), and the type of storage lot all can change the success of a self-storage investment.

Are you interested in learning how to invest in self-storage?

*Statistics from Neighbor

Source: makingsenseofcents.com

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Going through a job interview and hearing nothing from the company afterward can fill you with doubt and confusion.

But in most cases, the holdup has nothing to do with your candidacy. Your best bet is to wait for an appropriate amount of time to pass — more on that in a moment — and send a follow-up email to the interviewer or recruiter.

When to follow up after no response

In an ideal world, candidates would hear from the company within a week or so of an interview, says Ayanna E. Jackson, a career coach based in Washington, D.C.

That timeline can vary, though, depending on who you ask. Kyle Elliott, a career coach based in the San Francisco Bay Area, says candidates can expect to wait up to two weeks to hear from a company after an interview.

So, if it’s been at least a week since you’ve interviewed with a company, and you haven’t heard from them, send a follow-up email. (Note: This is separate from a thank-you email that you should send within one day of every interview.)

How to write a follow-up email after no response

If you’re emailing a recruiter, specifically mention which position you interviewed for, who interviewed you and the date the interview took place.

Recruiters are “often juggling 20, 30, 40 open roles,” Elliott says. “By following up, you’re simply helping them do their job.”

Even if you’re emailing the interviewer themself, mention what position you interviewed for, because that person could be conducting interviews for multiple roles.

Once you remind the recruiter or interviewer who you are, ask if there are any updates on the interviewing process. You can also ask when the company expects to have an update for you.

Keep the email friendly and succinct. Remember: You’re trying to reach somebody who’s busy, so make your email easy to read and answer.

Here’s what a follow-up email may look like:

Hi [Name],

It was great getting to speak with [Name] about the [role] on [date]. Do you have any updates regarding the interview process? I’m extremely interested in the role and would love the opportunity to further discuss my qualifications.

If there aren’t any updates on the interview process right now, when should I expect to hear from you?

Thank you,

[Your Name]

And don’t be afraid to pick up the phone. If your interviewer or recruiter includes their phone number in their signature, give them a call. It’s not overly pushy, experts say.

“Sometimes, you gotta do what other candidates won’t do,” Jackson says.

If your initial follow-up email or phone call goes unanswered, wait between three and four days before reaching out again, Jackson says. But after three unanswered emails, you may want to move onto other job opportunities.

Why you may not be getting a response after an interview

Companies rarely ghost candidates on purpose. In most cases, they don’t get back to candidates in a timely manner because of the same day-to-day minor disorganizations that affect all businesses, says Jackson, who spent 20 years working in human resources at companies like NPR, Starbucks and General Electric.

“Candidates think the recruiting process is all buttoned-up and timed and organized — and it’s not,” Jackson says.

Jackson has first-hand experience with the circumstances that keep companies from prompt communication: employees being out sick, on vacation or inundated with other deadlines; and managers juggling multiple interviews. Many businesses also experience seasonal slowdowns during summer and winter holidays, or become preoccupied with annual planning at the end of the fiscal year, around August or September.

“I’ve seen that pretty consistently at just about every organization I’ve worked at,” Jackson says.

So try not to read too much into the delay. “Very rarely is it personal that people are ghosting,” Elliott says. “It’s usually some other factor that has nothing to do with you as a job seeker or as a person.”

Source: nerdwallet.com

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With interest rates rising over the last year, it has made it tougher and tougher for real estate investors and owner-occupied home buyers. People need places to live whether they are rentals or personal houses and higher rates make those properties much more expensive unless someone is paying cash. While higher rates make it tougher to buy real estate that doesn’t mean you shouldn’t be buying. It is extremely hard to time markets and usually, the best time to buy is when the time is right for you. A lot of people predicted a real estate crash which has not happened and I don’t expect one to either. There simply are not enough houses and high rates are making that problem worse not better.

Have high rates caused property values to decline?

There are some potential benefits to investing in real estate during a time of high-interest rates. For example, lower demand could lead to lower prices for certain properties, which could make them more affordable for investors. Additionally, rising interest rates usually indicate higher inflation which could mean rents rise faster than in a normal market. There is, however, no guarantee that either of these things happen.

We have seen prices drop in some markets like Austin but overall prices are higher now than ever before. High rates do not cause prices to drop significantly because while they lower the demand for real estate, they also lower the supply. People do not want to lose their low rate and builders slow down construction. I have personally seen lower prices on multifamily properties which is most likely caused by higher rates. There could be a few more deals available in that sector.

High rates will most likely make real estate more expensive in the long term because it decreases building. The fewer building there is, the less inventory there is, and eventually, that will catch up to us with higher prices. I would not bet on prices to decrease in the future, especially long term.

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Should you invest when interest rates are high or wait?

I think there are many more important things to consider when investing in real estate than how high rates are. Yes, they are important but not the most important thing. After all, investors have been investing in high-rate environments for decades and making money prior to 2000.

Here are some things to consider when deciding whether to invest in real estate when interest rates are high:

  • Does the property make money? Just because rates are higher, doesn’t mean that properties can’t make money. There could be markets or deals where a property cash flows even with higher rates.
  • What kind of investment are you looking for? If you are doing a live-in flip or house hack it still might make sense to buy now since you have to pay for a place to live in whether you rent or buy.
  • Can you get a great deal? I get great deals on every property I buy and I would miss out on many deals if I stopped investing because rates are high. Often a great deal will make you much more money than the increased lending costs high rates cause.
  • Do you have the cash to wait out high rates? You might be able to get great deals that don’t cash flow now, but will in the future when rents increase or rates drop. If you are financially able to handle an asset that doesn’t make much money or even loses money for a year or two it still might be worth it to buy now.
  • Are you flipping or holding? If you are flipping houses the high rates may not impact you as much as landlords holding property. There is still enough demand to sell houses and flippers can continue to buy and sell.

Will rates go down allowing a refinance?

I believe that eventually, rates will decrease which could allow investors to refinance their loans and reduce their rates significantly. This could turn a money loser into a money maker or turn a single into a home run. I would not bet everything you have on rates going down but it is likely at some point. The big question is when will they go down and how much will they decrease?

No one knows the answer to either of those questions but inflation has been decreasing and the Federal Reserve should stop raising rates soon. If rates stay high it will most likely push real estate prices even higher but if they lower rates quickly it could lead to a buyer frenzy and big increases in prices. There are not too many scenarios where I see prices dropping in the long term.

Conclusion

If you can get good deals that cash flow there is no reason not to be investing in real estate right now. If you can find good deals or cannot find properties that make money then it may not make sense to invest in this market. But remember, the market may not be getting investor-friendly any time soon. If you are buying as an owner occupant, it usually makes sens to buy whenever the time is right for you and not the when the market is perfect.

Build a Rental Property Empire

Categories Real Estate

Source: investfourmore.com

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Last year, amid a drum-tight rental market, Sydney Wright pondered leaving California.

With her $72,000 salary, the 30-something from La Crescenta said the only one-bedroom apartments she could find were either too pricey, too run-down or in neighborhoods she felt were unsafe.

Then Wright had a change of fortune. She moved into the Hudson, a luxury apartment complex in downtown Pasadena that has a swimming pool, two gyms and in-unit washers and dryers. Wright got a relative deal and signed a lease for just above $2,300, almost $200 less than what similar units there averaged a year before even though rents in Pasadena had soared.

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But it may be too good to be true.

The discount was the result of a unique program catering to middle-income earners in a state trying to chip away — project by project, program by program — at its housing crisis. And the legal knot it is tied in reflects the difficulties in taking even small steps forward.

In this program, government agencies known as joint powers authorities, or JPAs, partner with private companies to purchase apartment buildings and lower the rent. The agencies say this works because, as the government, they don’t need to pay property tax, allowing them to pass along that savings to tenants.

But, under an obscure tax rule, thousands of tenants like Wright may need to cough up some of the lost revenue and pay individual tax bills upwards of $1,000 a year.

Tenants said leasing agents never disclosed such a possibility prior to moving in, and backers of the program say they didn’t anticipate it either.

“It just seems kind of ridiculous to me that you would have this crisis going on and then turn around and punish the people you are supposedly trying to help,” Wright, 32, said.

John Drachman, co-founder of Waterford Property Co., which runs the Hudson and 14 other properties on behalf of a JPA, put it more succinctly: “It’s just insane.”

The fact tenants may need to pay extra for living in subsidized housing centers on an arcane concept in tax law known as possessory interest.

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Though government owned property usually is exempt from property taxes, if the government leases part of its property to a private entity, then that entity can have a “possessory” interest that must be taxed.

Examples include a rental car company at the airport, or a restaurant in a public park.

Joint powers authorities first started buying apartment complexes for middle-income housing in 2019, and one acquired the Hudson in 2021.

Attorney John Bakker represents three JPAs with such projects.

He said the agencies didn’t anticipate tenants would face possessory taxes because at the time they relied on existing guidance from a state board that he argued should be interpreted as exempting any person receiving rent breaks at the projects.

Last year, several assessors were less sure and specifically asked the state board if such projects created a taxable “possessory interest.”

In October 2022, they received a response from the California State Board of Equalization, which promotes uniformity in property tax law.

In a letter, the board said residents at JPA properties do have a taxable possessory interest, but assessors should refrain from taxing it only if tenants are low-income, as defined by California law.

The board characterized its guidance as “longstanding,” which Bakker disputes.

The ultimate decision on the taxes lies with county assessors, but evidenced by their original request, assessors turn to the board for guidance and there’s no argument that the recent opinion does not offer an exemption for most residents at JPA projects.

Typically, one third of units at the projects are reserved for people making the legal definition of low-income: 80% or below area median income. The remaining two-thirds are usually set aside for households making between 81% and 120% area median income — individuals who can still struggle to find a nice home in some of the country’s most expensive markets.

Two county assessors with projects in their jurisdictions, Los Angeles and Alameda, said they don’t want to tax middle-income residents and are investigating the issue further after receiving the board’s guidance. But if the state Legislature doesn’t step in, they caution, they may ultimately decide the law requires them to tax tenants.

Los Angeles County Assessor Jeff Prang estimated annual taxes for individual tenants could range from $500 to $1,500. Initial bills may be higher since tenants would be charged for each year they’ve lived there.

If taxes go unpaid, residents would face a lien that could make it more difficult to qualify for mortgages and other loans.

For Wright, the prospect of paying an extra $1,500 a year, the equivalent of $125 extra a month, presents yet another obstacle.

Despite the rent discount at the Hudson, she said she lives paycheck to paycheck and will soon have an added expense when student loan payments resume, one Wright estimates will be more than $300 a month.

“I don’t even know how I would make it all work,” she said. “Honestly, the thought of that makes me want to cry.”

JPA projects rely on a complex framework, but in general, backers say they work like this.

Joint powers authorities issue bonds to purchase a building and, with the property off the tax rolls, they use that money to reduce rent. After 15 years, the local city, which must approve the initial JPA purchase, can direct a sale of the property or take out a loan on the building to recoup lost tax revenue.

To run the deals, JPAs partner with private real estate firms that set up the bond financing and manage the projects.

The deals are not without controversy, and some cities and affordable housing consultants see the programs as risky and not worth it. In particular, the JPAs and the private real estate managers, known as project administrators, have faced criticism that their fees are excessive and thus limit the rent reductions a project can offer.

At least two county assessors, those in Orange and San Diego counties, have taken the position that project administrators, not tenants, should pay possessory interest taxes.

“These guys are making money and … they don’t want to pay any taxes, but you got to pay your taxes,” said Orange County Tax Assessor Claude Parrish, arguing project administrators control the buildings and thus have a possessory interest.

One project administrator, Waterford Property Co., received possessory tax bills for multiple projects it runs in Orange and San Diego counties. The company is appealing, arguing it doesn’t meet the qualifications to have a possessory interest.

If the taxes ultimately go through, the middle-income projects would cease to exist, according to Waterford’s Drachman.

Despite concern over its fees, which Waterford disputes as being excessive, the annual possessory taxes are more than what the company makes each year to run the buildings, Drachman said.

One example, he said, is the Parallel apartments in Anaheim, where Waterford faces a $1.2-million annual tax bill and earns roughly $700,000 a year.

Rather than lose money, Drachman said, the company would walk away from the projects and since no one would likely run the properties at a loss, they would be sold to real estate firms that would charge market rent and erase all savings.

If instead tenants get the bill, Waterford said no future deals could be done. That’s in part because investors who buy the bonds that fund the deals do so because they think rental discounts will keep occupancy high — and their income assured.

“The group they are going to hurt the most by their actions is the renters,” Drachman said of assessors. “Ultimately whether they go send them a possessory interest bill or whether they come after us and are successful.”

Prang said he doesn’t want to be an “obstacle” to creative solutions but has to follow the law, and criticized the JPAs for not consulting assessors before.

Prang said he is waiting on an opinion from county counsel about whether taxing project administrators is an option, but warned the County Board of Supervisors in March that he may have to tax middle-income tenants.

“We are trying to find a solution” to not do that, Prang said in an interview. “But one of the things slowing that down is having a firm legislative proposal and a legislator that is willing to run with it.”

The California Assessors’ Assn. recently agreed to ask state legislators to clarify that project administrators — not tenants — have a possessory interest, according to the group’s president, Kristine Lee.

So far Sacramento’s efforts to exempt middle-income tenants have stalled. Two bills aimed at doing so, Assembly Bill 1553 and Senate Bill 320, are dead for the year after failing to meet legislative deadlines.

Alternatively, a third bill that specifically leaves middle-income tenants open to possessory taxation passed its first house unanimously.

The bill, Senate Bill 734, codifies existing Board of Equalization guidance by exempting only low-income tenants.

According to a bill analysis, author Sen. Susan Rubio (D-Baldwin Park) said the bill is necessary because despite the tax board’s guidance, “existing law is ambiguous” as to whether low-income tenants actually are exempt.

The bill, which must pass the Assembly by mid-September, is supported by the Board of Equalization and opposed by some cities that have middle-income housing projects.

In a letter to Rubio, Pasadena Mayor Victor Gordo said the city has nearly 1,100 units in its JPA housing projects and rent has been reduced by an average of 20%.

“If SB 734 passes as drafted, 60% of the tenants in these units are eligible to receive possessory interest tax bills, which we do not believe is in the best interest of housing policy in California,” Gordo wrote.

Overall, Bakker said JPAs own about 14,000 units across California, with around 9,000 currently home to middle-income families or reserved for such households in the future.

Rubio’s office declined to answer several specific questions about the bill, including why it does not exempt middle-income tenants. In a statement provided by her spokeswoman, the senator said she is trying to “keep families housed” and is working closely with the Board of Equalization on the measure.

BOE Chairman Antonio Vazquez said he doesn’t support extending an exemption to middle-income individuals, at least for now.

“I think we have to be careful, because that would create a huge hit financially for cities and counties who depend on the revenue [from property tax],” he said.

Waterford executives dispute that taxing individual tenants would recoup a sizable amount of revenue, but Vazquez’s concern echoes long-running criticism of the JPA housing model, specifically that rent reductions are too modest to justify the loss in property tax.

For example, the JPAs have frequently purchased newer, luxury apartment buildings and, though they’ve lowered rent, there’s often cheaper, older housing nearby.

Wright now pays just over $2,400 in rent at the Hudson after receiving the allowable annual increase in the program.

That’s far less than the roughly $2,800 to $3,000-plus that similar, nearby buildings typically charge. But on a recent day, there were 53 older one-bedroom apartments in Pasadena listed for rent on Zillow that were at least $200 cheaper than what Wright pays.

If Wright gets hit with possessory taxes, she doesn’t see those older units as a simple solution.

For one, she said, she doesn’t have enough money to cover upfront moving costs.

She also chose the Hudson for a reason.

The program is supposed to keep rent in line with her income. And when the tax preparer works late into the night during tax season, she doesn’t need to hunt for street parking when she comes home. She can pull into her own secure spot and do the next day’s laundry in the comfort of her apartment.

Older units she saw seemed like temporary landing pads with broken sinks, worn carpets and shoddy paint jobs, but the Hudson feels more permanent.

“I deserve to have a place to call home and not constantly be in flux,” Wright said. “This felt like somewhere I could see myself living.”

Source: latimes.com

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Want to learn how to sell DVDs online and near you? Here’s how you can make extra money selling used DVDs.

Do you have a stack of DVDs taking up space in your home? If so, you can sell DVDs online as a way to declutter and put some extra cash in your pocket.

While you may no longer need or want the DVD, there are people still buying DVDs out there.

This guide on how to sell used DVDs includes tips on:

  • The best places to sell DVDs online
  • How to get started selling DVDs online
  • How to make the most money selling DVDs
  • How much you can earn selling used DVDs online

Here’s a step-by-step guide to help you get started and teach you how to sell used DVDs online.

Related content on ways to make extra money from home:

Best places to sell DVDs online

There are many online platforms and vendors where you can sell DVDs. Before choosing a platform, make sure to find out what fees and payment methods (for example, some may only pay via trade-in credit, whereas others may pay cash) each website provides, as well as what the customer reviews say.

Here are the most popular options for selling DVDs online.

1. eBay

eBay is one of the largest online marketplaces and lets you list both new and used DVDs. You can set your own prices and choose between auction-style listings or fixed-price listings. eBay is user-friendly and the site is easy to navigate and create listings.

My sister has sold on eBay plenty of times, and it is easy.

It’s important to accumulate positive feedback as you complete transactions because it will improve your ratings, which increases your visibility on the website.

2. Amazon

Selling new DVDs on Amazon can be a great way to get started.

Amazon has a massive reach and customer trust. Everyone knows what Amazon is!

Sellers can list DVDs as individual items or in bulk. You can choose between an individual seller account or a professional seller account.

For individual sellers, this account is best for people who are not selling regularly. You pay per-item fees for every sale. A professional seller account is different. You pay a monthly subscription fee to have this account and it’s designed for people who are selling regularly on Amazon. With this account, you can list an unlimited number of products.

With Amazon, you can choose between Fulfillment by Amazon (FBA) or Fulfillment by Merchant (FBM). Fulfillment by Amazon (FBA) means Amazon will store, pack, and ship your products to customers. Fulfillment by Merchant (FBM) means you have to handle the fulfillment process yourself and ship products to customers. 

There is also the Amazon Trade-In program that you may want to try too.

3. Decluttr

Decluttr is a platform that buys and sells items, including new and used DVDs. The website and mobile app are incredibly easy to use.

All you have to do is scan the barcode of your DVDs and you’ll get instant price quotes. Decluttr stands out from the other platforms on this list because the app provides a quick valuation process. This makes it quick and easy to get an idea of how much you can earn for your DVDs.

Decluttr even provides you with a free shipping label, so all you have to do is pack the items in a box and ship them to Delcuttr. Decluttr covers shipping costs making the process easy for sellers.

Keep in mind that you are likely to receive lower profits since Decluttr is doing a lot of the work for you. You will likely earn more money if you decide to sell directly to consumers on a different platform. But, you’ll also have to do more work on other platforms.

4. Bonavendi

Bonavendi is a website that lets you compare different platforms for your used items like DVDs. Bonavendi works as a price comparison tool so you can see which site will pay you the most for your item. 

To find out how much you can receive for a DVD, all you do is enter the barcode of the item you’re selling. A list pops up with each platform and how much each site offers for the DVD.

This saves you a ton of time and helps you make more profit since you’ll know which platform is best for selling your DVDs.

5. Facebook Marketplace

Facebook Marketplace is an easy way to list DVDs to sell to local buyers in your town or neighborhood. If you already have a Facebook profile (which most people do), you can start creating listings immediately on Facebook Marketplace and in local buy and sell groups. Simply provide accurate information on your listing and maintain good communication on the platform. 

Make sure to choose a public and safe location for the exchange, like a police station parking lot. You may even consider bringing a friend along or letting someone know where you are meeting this person. This is important when using Facebook Marketplace because you are personally meeting up with a stranger from the internet and exchanging money.

Facebook Marketplace is a great option for people who do not want to deal with the hassle of shipping and want to sell an item as quickly as possible.

6. Etsy

If you have collectible DVDs, Etsy is a great place for selling your items to a niche audience. Etsy is known for selling items that are handmade, vintage, or unique. Keep this in mind when you consider selling DVDs on this platform. You probably can’t just sell a DVD without it being unique in some way (although, I did check Etsy and I did see just normal DVDs listed on the site).

DVDs that are a good fit for Etsy should have a unique or collectible aspect. This could be a DVD with special packaging, limited editions, or signed copies by a director or actor.

7. Craigslist

Craigslist is similar to Facebook Marketplace as it allows you to sell to local buyers. It’s quick and easy to list DVDs on Craigslist. It’s also important to have good communication and be responsive to emails about your items. People generally like to hear back quickly (the same day if possible).

Once you’ve connected with a buyer, determine where you will meet and what time. Make sure to choose a safe location like a police station or public space. You may even want to bring a friend or let someone know where you are meeting the person.

One idea for Craigslist is to simply list all of your DVDs in a single listing, which can make it easier instead of making separate listings for each DVD that you have.

8. SellDVDsOnline.com

Sell DVDs Online is a platform that allows you to sell DVDs directly to SellDVDsOnline.com. The process is easy.

To get started, all you have to do is enter the DVD’s UPC code, which is usually on the back of the DVD by the barcode. You’ll receive an instant price quote. Sell DVDs Online offers free shipping and you never come in contact with customers. 

9. EagleSaver

Eagle Saver is a website that lets you sell books, CDs, DVDs, and games for cash. Eagle Saver has a free app so that you can scan your DVDs and value your items faster.

Benefits of selling DVDs on EagleSaver.com include getting paid quickly, risk-free quote guarantee, no fees, and free shipping. With EagleSaver.com, all orders qualify for a free FedEx shipping label, tracking number, and $100 of packing insurance.

10. Yard sale

Though yard sales aren’t online, they are a quick way to get rid of your DVDs and blu-ray movies. You can gather all of your DVDs into one place so buyers can browse through them quickly. Price them competitively at $1 for standard DVDs or $2 for special editions. 

Then, organize your DVDs neatly so buyers can go through them without any problem. You may even want to consider offering bundle deals, like “Buy 5 DVDs for $3”. This can encourage garage sale buyers to buy more DVDs.

To sell more DVDs, you could even have a DVD player and TV set up so you can demonstrate that the DVDs are in working condition. This is going to help the buyer feel confident and make their purchase.

Make sure to promote your yard sale through local community groups, local yard sale apps, social media, and by placing signs around your neighborhood.

11. FYE

FYE is an entertainment retailer that sells new and used music, DVDs, video games, and more.

While their online store is not currently accepting used items, most of their store locations currently are. You can use their store locator to find a store near you. This can be an easy way to sell your items in person by simply bringing a big stack with you.

How to get started selling DVDs online

Now, we’ll talk about how to get started selling DVDs online, so you can start making money from selling DVDs ASAP.

1. Gather your DVDs together

Grab all of your DVDs and sort them into one area. Go through each DVD and make sure they are in good condition with intact cases and minimal scratches. Open up the case, of course, and make sure there is a DVD in there (sometimes they disappear over the years).

2. Research what is selling

Do research and find out which DVDs are in demand and what they are selling for. Some of the sites above will give you an idea of how much you can get for a used DVD.

3. Pick a platform to sell DVDs

One of the most important steps on this list is choosing a selling platform. For example, Bonavendi is a great tool for comparing different platforms and getting the best price on a DVD. Facebook Marketplace or a garage sale may mean selling an item very quickly, though, and in person.

4. Create DVD listings and set pricing

If you plan on selling the DVD yourself, you will need to create a listing for each DVD. Make sure the listing is accurate, detailed, and has clear photos of the DVD, case, and any special features. 

Next, you will set a competitive price based on the research you do. Keep in mind the DVD’s condition, rarity, if it’s a set, and market demand when pricing the DVD.

5. Payment methods

Once you know which platform you’re going to use to sell DVDs, make sure there is a secure payment method for the platform. If you’re selling DVDs on Facebook Marketplace or Craigslist, expect to receive payment as cash or through a platform like Venmo.

Personally, I would not accept a check for a small payment such as a DVD from a person I met on Facebook Marketplace or Craigslist for example, as though are common scams.

6. Customer service

When selling used DVDs online, try to keep your reviews and ratings high on platforms by responding to questions and solving any problems (reading your reviews can also help you to improve your process). Remember, positive reviews are important for selling a lot of DVDs online so that future buyers can trust that your DVDs work. For example, if you have a lot of reviews that mention that the DVDs do not work, this may prevent other people from buying from you.

7. Shipping and packaging

Figure out how you want to ship, which carrier you want to ship with, and if you want to ship at all. You may prefer skipping shipping altogether and meeting customers in person to sell DVDs.

If you do decide to ship your DVDs, they need to arrive in good condition. Make sure to use proper packaging materials and be transparent about delivery times and shipping costs in your listing.

8. Keeping track of inventory

Whenever a DVD sells, take down the listing immediately if it isn’t done automatically. This is going to help you avoid any issues with other customers trying to buy the same item and save you time and headaches. 

 

Best tips for selling DVDs online

Here is a list of the best tips for selling DVDs online.

  • Optimize your DVD listings by using high-quality images of your DVDs and writing clear and detailed descriptions
  • See what similar DVDs are selling for and set competitive pricing
  • Bundle similar titles and offer a deal to encourage buyers to buy more items at once
  • Be honest about the condition of the DVDs and disclose any scratches or missing items (like original cases or inserts)
  • Mention special edition DVDs and other collector’s items you have (if you have one of these)
  • Use multiple platforms to reach a broader audience
  • Provide tracking information to buyers

 

How much can you make selling DVDs online?

What you can earn from selling DVDs online depends on a few different factors, such as the condition of the DVDs, the rarity of the DVD, demand, which platform you use, and what’s trending in the DVD market.

Here are a few things that may impact how much money you can make from each DVD:

  • Condition – If your DVD is brand new, unopened, and wrapped in plastic still, the DVD may be able to be priced higher. However, if your DVD has scratches or dented cases, those things can impact pricing.
  • Market demand – If you have a DVD that is rare, a special edition, or a collector’s item, this DVD will sell for a higher price due to the rarity and increased demand for the item.
  • Platform – The platform you choose has a big impact on your profits. Some platforms have fees, some don’t, and others have more dedicated DVD collectors, while others don’t.

 

FAQs about selling used DVDs

Here are answers to common questions about selling used DVDs online and locally.

Are used DVDs worth anything?

Yes! You can actually make money selling used DVDs and blu-rays. If you have a DVD collection, you may want to think about going through it and seeing what movies you can sell. After all, with Netflix and Hulu being around, there’s a good chance that you haven’t touched your DVD collection in a long time.

How do I know if my DVD is valuable?

You can check some of the different websites that sell DVDs to see what they are selling for.

Where is the best place to sell DVDs? Where can I sell DVDs?

Some of the best places to sell DVDs online and locally include eBay, Amazon, Decluttr, Bonavendi, Facebook Marketplace, Etsy, Craigslist, SellDVDsOnline.com, Eagle Saver, and having a yard sale. A used bookstore may buy used DVDs as well. Some of the easiest online sites will work right from an ios or Android device too, meaning you can sell DVDs from your phone!

How much can you sell a used DVD for?

The amount you can sell a used DVD varies, but generally, you can earn about $0.50 to $20. It depends on what you are selling (for example, box sets or TV series usually will earn you more money).

You will want to think about costs for the different selling sites, as things like shipping fees can add up quickly.

You may receive money through PayPal, direct deposit, paper check, trade-in credit (yes, you may be able to trade in movies), store credit, or even cash by selling your old DVDs.

Is Decluttr a trusted site?

Yes, Decluttr is a trusted site to sell used DVDs online. You can even sell your used video games, textbooks, video game consoles, tablets, or old cell phones on this site too.

How much do pawn shops pay for DVDs?

Pawn shops usually pay around $0.50 to $5.00 for used DVDs.

 

Sell DVDs online – Summary

Now you can get started selling DVDs online and making extra money with this side hustle. Selling your used DVDs online has so many benefits, including decluttering, freeing up shelf space, and making extra cash for vacations or paying off debt.

If you’re no longer using your DVDs, put them to good use by selling them to people who want to buy them and use that money to reach your financial goals.

Have you ever sold DVDs online? What was your experience like?

Source: makingsenseofcents.com

Apache is functioning normally

Inside: Dreaming of ways to make money fast as a woman? Stop dreaming and take action. These are genius ways of making money online and at home.

Making money fast is crucial for maintaining a comfortable lifestyle, especially in the face of rising living costs. It can be the key to financial stability, providing additional funds to support and enjoy your lifestyle.

As a woman, you need to know how to make money fast.

This isn’t just about getting rich quickly. It’s about women gaining the freedom to live independently without financial constraints.

The feeling of financial security lessens stress; not having to worry over unexpected expenses plays a big role in your overall well-being.

This is what you want to do – make money fast!

Good news! You are in the right spot and I’ll show you my favorite ways to make money online.

Get into the right mindset, ladies! Making money fast isn’t just possible, but also liberating.

How can I make easy money ASAP?

Making easy money quickly can be achieved in various ways that utilize your skills and knowledge.

First and foremost, consider your own skills and expertise, and determine whether they could apply to jobs like cake baking, childcare, bookkeeping, house cleaning, or freelance writing.

This will tell you the easiest way for you to make money quickly. For me, I prefer to trade options in the stock market. Whereas someone else may choose babysitting or dog walking.

You need to find how to make money fast and we will help you with that decision.

Why Making Money Fast is Important

1. Makes it possible to live comfortably
2. Enables you to afford the best quality of life
3. Gives you the freedom to pursue your dreams
4. Gives you the freedom to live without financial constraints
5. Provides you with security and safety
6. Freedom to give back to your community
7. Freedom to choose how you spend your time
8. Opportunity to take risks and start a business
9. Provides you with a sense of power and control
10. Live without financial worry

This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.

Are you passionate about words and reading? 

If so, proofreading could be a perfect fit for you, just like it’s been for countless of readers! Learn how you can create a freelance business as a proofreader.

Check out this free workshop!

Bookkeeping is the most stable, reliable & simple business to own. This is how to make a realistic income -either part-time or full-time.

Find out TODAY if this is THE business you’ve been looking for.

How can I make a lot of money in hours?

Making income in a matter of hours for a woman is entirely feasible with a blend of freelancing, leveraging gig economy platforms, and capitalizing on your skills or assets. Here’s a quick guide for you:

  1. Consider freelancing: Establish your writing, graphic design, or programming services on platforms like Fiverr or Upwork.
  2. Dive into the gig economy: Sign up for TaskRabbit, Airbnb, or Turo to start earning.
  3. Try online tutoring or content selling: Proficient in any subject or have strong graphic design skills? Go for tutoring or sell your content.
  4. Indulge in buying & selling: If you’re good at purchasing low and selling high, then swap clothes or furniture, or even stocks.
  5. Take online surveys or join market research groups on sites like Swagbucks for a rapid source of income.

Remember, time management is crucial for balancing multiple streams at once. Don’t forget to schedule wisely!

How to Make Money Fast as a Woman

No matter who you are, making money can be tough. But if you’re a woman, it can feel impossible.

From getting paid less than men for the same job to having a harder time getting promoted, the deck is often stacked against us.

Just so you know that making quick money in one day won’t happen overnight.

So, I’m going to tell you the best ways to make money fast as a woman.

1. Sell Services

Selling your skills or expertise is a fast, viable way to earn money. It’s all about utilizing what you already know to provide value to others.

Identify your marketable skills, such as cake baking, freelance writing, bookkeeping or even organizing spaces.

Brainstorm which of these services people could pay for.

Remember, you can tap into both physical tasks, like house cleaning or pet-sitting, and digital ones, like creating digital printables or offering consulting in your field of expertise.

Expert Tip: Launch your service with a few testimonials, helping to build trust with potential customers from the get-go.

2. Freelance

Freelancing is a savvy way for women to stack up earnings fast, offering flexibility and complete control over the workload. It’s a ticket to dodge conventional office politics and punch above your earning potential.

Start by identifying your freelance niche. You can be a writer, graphic designer, or anything you’re skilled at. Many people use their transferable 9-5 skills to side hustle.

Then, create your profile on platforms like Fiverr, Upwork or Guru – be sure to showcase your accolades.

Set your rates, then start connecting with clients looking for your talent.

Remember, success in freelancing is driven by quality and consistency. So, sharpen your skills and always exceed your client’s expectations.

Freelancing may start as a side gig, but with dedication, it can grow into a full-time job.

3. Become a Product Reviewer

Being a product reviewer is an intriguing job opportunity for those who enjoy sharing candid feedback about their experiences with various products.

As a product reviewer, you are required to assess products often sent to you from diverse companies.

Your role involves providing a comprehensive review that could range from making an unboxing video to writing a detailed article about the product’s features and performance.

This kind of job requires an unbiased perspective and the capacity to articulate your thoughts and experience in a detailed, user-friendly manner.

Companies value this form of direct feedback as it provides them with significant data about their product’s strengths and weaknesses as perceived by an end-user.

4. Virtual Assistants

As a woman, becoming a virtual assistant could be your fast lane to earning a substantial income.

This is especially a great option if you’re excellent in organization and time management along with the need for flexibility.

For many becoming a virtual assistant with no experience is possible. And very lucrative.

Finally, for your best shot at success in this field, taking a course to improve your learning curve is extremely helpful.

Potential to earn up to $43,000 per year.

5. Sell Your Crafts

Ladies, have you thought of turning your love for crafts into a profitable venture?

Find out what crafts are in demand. The higher the demand, the more profitable it would be to make and sell these crafts.

Remember, profitability hinges on what you sell and how much you sell. Happy crafting!

While you are limited on what you can earn by what you can make, it is possible to make money doing something you absolutely enjoy.

6. Stock Trading

Stock trading may seem daunting but it can be a quick route to financial independence, especially for women.

With the right tools, information, and mindset, you can swiftly navigate the market and amplify your earnings. In fact, this is something Teri Ijeoma did herself.

Educate yourself on the basics before you invest. This is exactly what I did and my investment has paid off.

Always be aware of the risks involved in stock trading and proceed cautiously. However, building up an investing education is a wise decision.

Learn how fast can you make money in stocks.

7. Babysit

Babysitting is a versatile side hustle offering flexible hours and good earning potential.

It’s an ideal opportunity if you’re seeking quick, extra income and enjoy children.

Obtain optional certifications like CPR and first aid to enhance your appeal. Visit platforms like Care.com, Sittercity, or Urbansitter to create your profile and connect with clients.

8. Transcriber

One field that remains highly overlooked is transcription.

A transcriptionist listens to audio files and converts them into written documents.

Gain a thorough understanding of the industry. Check out this free webinar to get the basics right.

Consider specializing in legal or medical transcription. These niches often fetch higher wages.

You could easily make $3000-$4000 monthly, working on your own schedule.

Remember, practice and precision can help you achieve a lucrative transcription rate.

9. House Cleaning

Cleaning can be a rewarding gig, especially if you like tidying spaces.

Despite recognizing the need for a clean home, many people often struggle to find the time or energy to routinely clean their homes. This is where the prospect of a housecleaning business arises.

Busy homeowners, parents juggling work and childcare, elderly individuals needing assistance, and even businesses needing regular cleaning services are all potential clients for a housecleaning business. This demand provides a consistent income flow for those offering cleaning services.

In fact, individuals transitioning into this field of work can negotiate their wages with clients, potentially earning more than $15 an hour based on the complexity and demands of the job.

10. Sell Printables on Etsy

Selling printables is an effective and lucrative method to generate passive income.

Once printables such as planners, calendars, and journals are designed, created, and listed for sale on platforms like Shopify or Etsy, they can consistently produce income without requiring continual input or maintenance.

According to several experts, one of the keys to making substantial profits from printables is to differentiate your products.

Building upon this idea of making money from printables, the free Printables Workshop by Gold City Ventures offers comprehensive insights into the process of creating and selling aesthetically pleasing printable products online. This accessible course can be an excellent starting point for beginners looking to navigate the printables market.

Selling printables on Etsy might be the perfect venture for you!

11. Dog Walking

Looking for a fun-filled way to make some quick bucks?

Dog walking could be the right side hustle for you, especially if you’re an animal lover.

  • Easy to find jobs for dog walking.
  • Suitable for people with flexible schedules.
  • Offers an active way to earn money.
  • Option to select your rates with platforms like Rover.
  • High demand especially due to increasing pet adoptions and busy pet owners.

You can work when you need to and not take clients when you don’t want too.

12. Make Money Blogging

Blogging is a popular and prevalent way to earn money. Many blog owners are women who want the flexibility to earn significant money at their own pace and schedule.

Earning money through blogging allows you to focus on something you’re passionate about. Any topic that can provide value to an audience can be blogged about. Targeting a niche that has been overlooked by existing blogs can increase your blog’s potential earnings.

Starting a blog doesn’t require formal training, but it does require a willingness and ability to write effectively for an audience.

By employing monetizing avenues, like affiliate marketing and advertising, a blogger can boost their earning significantly.

Despite the vast number of existing blogs, the industry is very accommodating toward new voices, especially female voices. Thus, knowing how to monetize a blog can offer women many opportunities.

Remember, blogging is not just about earning fast bucks, it also needs consistent efforts. It’s rewarding but can start slow.

13. Ride-Sharing

Ridesharing is an excellent opportunity for women looking to make fast money. With apps like Uber and Lyft, you can earn an income simply by offering transportation services.

Here are a few tips to increase your earnings:

  • Consider driving during peak hours, weekends, or during special events to cash in on higher demand.
  • Choose busy locations such as city centers and nightlife spots to increase your chances of getting rides.
  • Maintain good customer service and ensure safe driving to uphold your rating and receive more ride requests.

14. Office Cleaning

Considering the hustle and bustle of the daily grind, office cleaning can be an untapped treasure trove for women seeking quick cash. Given the high demand and flexible hours, it’s an ideal source of extra income.

You must identify office premises needing cleaning services. Reach out to the owners or management, and propose your services.

Think about offering your services to offices in your local area. It’s a fast way to make extra money while managing your other commitments.

15. eBay Arbitrage

Looking to earn some quick money? eBay Arbitrage could be the game-changer you need.

Aimed mostly at women who love shopping, it’s about buying products cheaply and selling them on eBay for a profit.

  • First, hunt for bargains in thrift stores, sales, or online markets.
  • Go with high-demand items; electronics, collectibles, or brand sneakers are a good start.
  • Then, create your eBay store and list your finds at a competitive but profitable price.
  • Track each item’s demand through keyword research and buyers’ reviews.
  • Remember to calculate potential profits inclusive of shipping costs and eBay fees.

Armed with the right strategies, you can start earning with eBay in no time!

16. Freelance Writing

Did you know your writing passion can become a quick buck-making engine? That’s right, freelance writing is a gold mine you ought to tap.

First, identify a writing niche you love. It’s easier to excel when you’re passionate about your work.

Continually hone your writing skills. The more you practice, the better you become and the more valuable your skills. Finally, don’t be shy to market your skills. Reach out to small businesses and startups—they often need freelance writers.

Remember, quality over quantity will earn you a solid reputation in the long run. Now, go turn those wordy wonders into wealth!

17. Online Surveys

Curious about making a quick buck? Engaging in online surveys can be a fast money-making method just for you!

You don’t earn a huge amount per survey but when taking multiple surveys, it will add up fast.

Here are the top legit survey platforms:

Use your free time wisely. Take surveys during work breaks or leisure hours.

Redeem points for PayPal cash or gift cards.

18. YouTube Channel Building

Building a YouTube channel can be an interesting and rewarding venture.

It provides an incredible platform to share your content, express your creativity, and engage with a global audience. Whether you want to showcase your talents, teach something unique or simply entertain, having a YouTube channel opens up many opportunities.

Effective engagement with your audience is vital.

Last but not least, patience is something you will need in abundance. Building a successful YouTube channel takes time, so don’t lose hope if you’re not seeing immediate results.

Remember, there’s no limit to what you can achieve with your YouTube channel. It all comes down to how creatively you can use this platform to engage with your audience and grow your presence.

19. Bookkeeper

In our increasingly digital age, online bookkeepers are in high demand, with more businesses choosing to move their financial operations to the online platform. This shift in business operations has created a robust opportunity for those trained in bookkeeping to tap into the market and earn income while working from the comfort of their homes.

To be successful as web-based bookkeeper, you need to be well-organized and have previous experience dealing with numbers. However, even without a formal accounting education, individuals can take advantage of online learning platforms like Bookkeepers.com to learn and sharpen their bookkeeping skills for free.

Becoming a virtual bookkeeper is not just a fantastic full-time job opportunity; it’s also an excellent side hustle for women and mothers proficient with numbers. It provides flexible hours and allows the freedom to work from anywhere, making it ideal for those juggling multiple responsibilities.

The financial compensation for an online virtual bookkeeper is quite significant. On average, bookkeepers can earn at least $50000 a year helping business owners manage their finance and bookkeeping online.

20. Start a Dropshipping Store

Dropshipping is a viable option with low startup costs that lets you run an online store without handling any physical products.

There is still plenty of time to get into the dropshipping business.

Start by deciding what products to sell. Find a niche you’re passionate about for a higher chance of success.

Remember, a successful dropshipping venture involves effective marketing as well. So invest time and effort into perfecting your advertising tactics.

21. Do Clerical Work

Clerical work offers flexible, remote opportunities for women to make quick money.

With adequate admin experience and internet access, you can explore roles like Virtual Assistant, Online Data Entry Professional, or Court Transcriptionist.

This is one of the best non phone work from home jobs.

Experts tip: Perfection and punctuality are key. Attention to detail and meeting deadlines can make you stand out.

22. Resell Clothes

Reselling clothes online is a savvy way to turn your clutter into cash, especially if you love digging for hidden gems.

It’s a popular method for fast cash flow, with Poshmark and Facebook Marketplace being perfect platforms. One of my friends is very successful with this!

  • Begin with your own closet, and sell kids clothes they have outgrown too.
  • Reinvest your earnings, by buying second-hand clothing to resell can boost your profits.
  • Don’t forget quality. Run a quick check for authenticity and brand labels.
  • Visuals sell. Stage items and capture high-res photographs.
  • Providing a great customer experience is key, ensuring prompt shipping and maintaining politeness.

Play your cards right, you could earn anywhere between $100 to $1,000 a month or even reach a six-figure yearly income.

23. Do Home-Based Child Care

Home-based child care is a viable option to earn money, leveraging the natural maternal instincts and caregiving skills of many women. It can be a lucrative side hustle and a means to financial independence.

This is especially a great avenue to pursue when you are already at home raising your own children.

Make sure to follow any state regulations about running a daycare out of your home.

Begin by determining the number of children you can handle at a time, taking care not to overbook.

24. Podcasting

Podcasting is a wonderful opportunity for delivering narratives. It enables you to weave compelling stories while inspiring, instructing, or simply entertaining your listeners.

The unique format of podcasting lets you connect with your audience on a personal level. They listen to your voice, engage with your thoughts, and feel a stronger connection to you.

By starting a podcast, you are joining an increasingly popular trend, with the global number of podcast listeners has grown to 464.7 million listeners in 2022 (source).

Podcasting also opens up doors for networking and collaboration. You can invite experts, artists, or like-minded individuals as guests on your show, thus expanding your network.

There’s a potential to earn from podcasting. With affiliate marketing, sponsorships, and advertising, the commercial possibilities of podcasting are extensive.

25. Merch by Amazon

“Merch by Amazon” is a print-on-demand service that allows you to design and sell your merchandise.

It’s a great money-making alternative as it offers massive exposure and doesn’t require any upfront costs.

One of the significant advantages of using Merch by Amazon for passive income is that you are not required to maintain inventory or deal with shipping. Amazon handles these aspects, allowing you to focus on the creation process and customer satisfaction.

Amazon’s royalty system ensures that you get paid instantly whenever your merchandise is purchased. This allows you to earn money passively with every sale.

When your designs meet the current market trends and the preferences of your customers, they are more likely to be popular, leading to an increase in sales, hence, higher passive income.

26. Become an Influencer

Becoming an influencer is a smart, quick way for women to make money. While most people just stumble upon becoming an influencer, you can decide to pursue this avenue.

With earning potential that is unlimited, this opportunity is flourishing, requiring no specific degree or job experience.

Remember, platforms like TikTok, Instagram and YouTube reward new, engaging creators.

Dedication and consistency could lead you to major earnings where you make thousands for each post.

27. Work as a Translator

Having mastery in more than one language opens up a world of opportunities, particularly in the realm of translation services. The ability to translate language effectively and accurately is a skill that’s in high demand in the current globalized world.

A top benefit of being a freelance online translator is the flexible work environment. You have the freedom to choose when, where, and how much you want to work. This flexibility for work-life balance is more appealing now than ever, especially in the unsteady job market.

Freelance translators also have access to a wider client base. Unlike full-time translators who work for specific organizations or agencies, freelance translators can work with various clients from all over the world, widening their potential income streams.

The need for translators is projected to grow substantially. In the United States alone, the U.S. Bureau of Labor Statistics reports that employment for interpreters and translators will increase by 20% from 2021 through 2031, which is much faster than the average for all occupations.

Among other freelance professions, translation can often provide a more stable income.

As most sectors including education, legal, business, medical, and technological firms continue to globalize, they regularly need translators to bridge the language gap, making freelance translation services a steady income source.

31. Become a Flipper

Becoming a flipper is a high-return, low-investment way to make money fast. It involves buying low and selling high, perfect for those wanting a profitable side hustle.

Here are actionable steps to kickstart your flipping journey:

  • Identify items to flip: Popular options include toys, clothes, electronics, books, and furniture. Pro-tip: Sell things you have around your house to start risk free.
  • Choose a selling platform: Sell locally via Facebook groups or Craigslist, use reselling apps like Decluttr, or open an online store on eBay.
  • Price it right: Pricing items competitively garners buyer interest and maximizes profit.
  • Learn more: Free webinars, like Flipper University and the Flea Market Flipper, offer insights for a successful flipping business.

Remember, flipping can be more than just a side hustle; it’s a potential full-time career.

32. Micro-Tasking

Micro-tasking offers a quick way for you to earn money by completing short and simple tasks.

As its popularity grows, so does the list of platforms where you can find micro-jobs. Here are the popular platforms.

This allows your the flexibility to work whenever you want. Plus no special skills or degrees are needed.

Just note… This is not a stable income source

Tips for Finding the Best Way for You to Make Money

As you can see, there are many different ways to make money fast as a woman.

You can find the best way for you by considering your skills, interests, and the amount of time you have available.

Here are some helpful tips to make sure you are earning money quickly.

1. Identify Your Skills and Offerings

You’re already gifted, let’s transform those skills into fast cash.

Make a list of your skills, passions, and expertise; you can tap into anything from programming to knitting.

That is where you want to start.

From personal experience, I can tell you it is way easier to work on a side hustle or business when you are passionate about the topic.

Remember, the digital world is your playground, so play, innovate and cash-in.

2. Research the Best Ways to Make Money

Now, that you know the skills and experience, look at the list above and determine which ones match up.

You will need to spend time watching a free webinar to learn more.

Compare different money-making ideas. From part-time jobs to freelancing, there’s a plethora of options. You need to pick what works best for you.

Remember, generating a consistent income requires effective strategies and the right mindset. So choose wisely!

3. Try Different Ways to Make Money – Not Just 9-5 Jobs

It’s vital to explore different money-making strategies as a woman for financial stability and independence.

Just because one avenue didn’t work out doesn’t mean you should throw in the towel.

Remember, the key to success is perseverance, so pick something you’re passionate about and stick to it. Try not to jump from one idea to another out of impatience; success takes time.

Also, as your revenue increases, start building a lifestyle business for passive income.

4. Focus on the Things You Are Good at

Unlock your financial potential by recognizing and utilizing things you’re excellent at.

To cash in fast:

  • Identify your standout skills. These could range from writing, fine arts, math, e-commerce to digital marketing or even passions such as sports and hobbies.
  • Assess the viability of earning via your skills. Research shows that the digital economy is filled with opportunities.
  • Exploit platforms that cater to your expertise. For freelance gigs, you can try platforms like Upwork, Fiverr, or Guru.

There are so many ways to make money online as a beginner. So, indulge in the digital playground, embrace exploration and innovation, and let your skills earn for you.

5. Find Opportunities That Allow You to Work Flexibly

You can choose when to work and when not to, rather than being constrained by a 9 to 5 workday. The flexibility to create your schedule means you can operate at your most productive times, whether that’s early in the morning or late at night.

Working from home or any location across the globe enables a better work-life balance, reducing stress and improving productivity. This is particularly beneficial for those who have families or are committed to other obligations.

When working for yourself, you may have the potential to earn more than traditional salaried roles.

Lastly, making a living from your passion is huge!

You are being paid to do what you love anywhere, anytime which is rare and precious.

6. Consider Specializing in a Niche Subject

Specializing in a niche subject can elevate your earning potential quickly, owing to smaller competition and a personalized audience.

Being a subject matter expert in a specific area can provide you with an edge over your competitors.

Specializing in a niche can help you stand out and garner a dedicated audience, ultimately leading to faster earnings.

Remember, the key to making money faster in your specialized area is persistence and patience. It may take time to build a strong following, but once you do, the financial rewards can be substantial.

Stick to your chosen area, continuously learn and improve, and consistently deliver high-quality content to make your mark in your chosen niche.

7. Take Advantage of Trending Opportunities

Jumping on trending opportunities can be a gold mine, especially for women who want to make money fast from home. These ever-evolving trends tap into various skill sets, interests, and experiences, potentially translating into a lucrative gig.

For many, it may have been TikTok when the company first started.

Remember, the digital world holds limitless potential. Just needing to innovate and execute your ideas!

8. Invest in the Right Tools and Equipment

The key to making money, either online or offline, is making an informed investment of your time into the right tools, equipment, and learning resources.

While this can initially seem like an expenditure rather than a money-making step, it is, in fact, a cornerstone of your financial growth strategy.

Investing time in learning and increasing your knowledge base is vital. This could mean spending your time reading about new insights in your area of work, attending webinars, or enrolling in online courses. The ROI of this proactive learning is immense.

Consider this an opportunity or a catalyst that speeds up your journey toward substantial income generation and financial freedom.

9. Commit to Consistent Efforts

Commitment to consistent efforts is the cornerstone of any successful endeavor, more so when running your own side hustle.

One of the fundamental principles for making money is the dedication to keep improving your craft, always learning, and always evolving.

This continual effort involves a long-term commitment to staying updated with the latest writing trends, styles, and industry standards.

With persistence and patience, the fruition of your investments will lead you toward the fulfillment of your financial dreams.

10. Utilize Social Media Platforms to Promote Your Business

Social media platforms are powerful tools for business promotion, and when used strategically, they can lead to fast monetary gains.

Understanding how to effectively utilize these platforms can drastically enhance your chances of making quick bucks.

  • Start by creating a robust online presence for your business on various social media platforms. Remember, consistency is key to building your brand.
  • Engage with your audience frequently and respond to their comments. This boosts engagement on your posts.
  • Post content that is engaging, relevant, and aligns with your business values.

Always monitor your performance using social media analytics to understand what works best for your audience.

Which side hustles for women have you tried?

Personally, here are the side hustles I have done or currently do:

  1. Stock Trading as a swing trader
  2. Online Content Creation
  3. Social Media Influencer
  4. Online Consulting
  5. Pet Sitting or House Sitting
  6. Teaching Dance Lessons
  7. Personal Organizer

However, I know many people that have tried the ones listed above.

So ladies, which of these enticing hustles appeals to your skills and schedule the most?

FAQ

Stay-at-home moms have numerous opportunities to earn money from the comfort of their homes. Plus being able to bump up your household income while juggling parenthood is the perfect combination.

Find the best jobs for moms specifically!

Any of these opportunities requires dedication and consistent effort, but with time they can all yield substantial returns.

Thankfully, there are many ways for women to make money online.

Above we covered all of the interesting ways and many are online.

Remember, opt for an avenue that suits your skills, interests, and time availability.

Well. the answer to this will depend on who you speak with.

Personally, I find ways to build passive income with your side hustle as the best option. Then you aren’t trading your time for money.

As a woman, many opportunities are right at your fingertips. The most popular and profitable include:

  • Start a blog: With consistent readership, you can make thousands from ad revenue and sponsored content.
  • Virtual assistant: Services can fetch around $10-30/hour.
  • Social Media Management: Businesses are willing to pay up to $1000-2000 per month for proficient managers.
  • Bookkeeping: On average, freelance bookkeepers earn around $34/hour.
  • Selling products online: Sites like Etsy, Amazon FBA, or your own platform can earn you a substantial income with a successful shop.
  • Trading Stocks or Options: by improving your investing knowledge, you can quickly increase your net worth.

Remember – it all starts with a step. Your side hustle could turn into a full-time passion!

This is How to Make Money from Home as a Woman

In conclusion, as a woman, there are plenty of genius and fast ways for you to make money.

The article underlines the significance of grabbing the reins of your financial future.

Through the strategies shared – including investing in stocks, working from home, or using budgeting hacks, you can boost your income significantly.

One of the concepts, I’m big on is making sure you know how to make your money work for you.

With wise decisions and being open to possibilities, your financial independence is within reach.

Remember – the ball is in your court, so make sure to take that shot and score your financial goals. It’s high time to cash in on your potential!

Know someone else that needs this, too? Then, please share!!

Source: moneybliss.org