30 Real Estate Side Hustle Ideas (Ultimate List PLUS How To Choose Side Gig)

30 Real Estate Side Hustle Ideas

1. Single-Family Rental

Renting out single-family homes is a smart real estate side hustle idea because more and more people from different age groups and family types are turning to renting instead of owning due to rising home prices and flexible living preferences. In fact, according to a report by the Joint Center for Housing Studies of Harvard University, there were 14.3 million single-family renter households in 2021, making up about 33 percent of all renters. Even with recent fluctuations in the market, this number remains significantly higher than two decades ago. It offers a large customer base for you. You can begin by listing your property on various websites and apps designed for renting out homes. For instance, Airbnb, Zillow, or Craigslist can be great platforms to kickstart your rental journey.

This real estate side hustle presents a unique opportunity for couples. With a growing demand for single-family rentals, you can tap into this market to generate additional income. By offering well-maintained homes and excellent customer service, couples can build a steady stream of renters, ensuring a stable income source. When you rent out to a single family, you can expect to break even or potentially make a monthly profit of $200 to $300. This can add up over time, providing financial stability and flexibility for you. The more properties you manage, the higher your potential income.

However, single-family homes for sale are more expensive compared to multi-family properties on a per-unit basis. Additionally, if a tenant moves out, it means no rental income for that unit, so there might be periods of vacancy that need to be managed. It's crucial to budget for these potential costs to ensure the success of your real estate side hustle.

2. House Hacking

House hacking is an excellent real estate side hustle idea because of its ability to cater to a wide range of potential renters, from families to individuals and students. House hacking is where you buy a property with multiple units (like a duplex or triplex), live in one unit, and rent out the others to offset your living expenses. It's a way to become a landlord while enjoying the benefits of homeownership. You can begin by looking for suitable properties with multiple units in your desired location on Zillow, Realtor.com, or Redfin. It can help you find available properties in your area.

For example, Financial Freedom Countdown shared that suppose you purchase a duplex for $200,000. You decide to live in one unit and rent out the other. After covering your mortgage, taxes, and insurance, you can generate $1,000 per month in rental income. This additional income can provide financial security and help you build equity over time. However, being a landlord comes with responsibilities like property maintenance, handling tenant issues, and ensuring consistent rental income. Also, real estate markets can fluctuate, affecting property values.

3. Vacation Rental

Vacation rental is lucrative real estate side hustle because it's a flexible and profitable way to use your property when you're not using it personally. According to RubyHome, in 2022, a staggering 60 million people opted for vacation rentals in the United States alone. These travelers booked 138 million nights of vacation rental listings. Globally, approximately 700 million travelers chose vacation rentals as their preferred accommodation. This means you have a vast pool of potential customers, both domestically and internationally.

Launching your vacation rental venture is straightforward. You can list your property on well-known platforms like Airbnb, Vrbo (formerly HomeAway), or Booking.com. These platforms connect you with travelers looking for short-term stays, handle bookings, and provide payment processing. The numbers speak for themselves. With millions of people choosing vacation rentals, this side hustle presents a tremendous opportunity for anyone looking to enter the real estate market. Additionally, Airbnb hosts can earn up to $30,000 every month. While your earnings will depend on factors like location, property size, and demand, this figure illustrates the substantial income potential.

Despite the promising statistics, it's essential to acknowledge the competitive nature of the vacation rental market. In 2022, there were around 1.5 million vacation rental listings in the United States. This high level of competition means you'll need to invest time and effort into marketing, maintaining your property, and ensuring outstanding guest experiences to stand out in the crowd.

4. Start Airbnb Arbitrage

Starting Airbnb arbitrage is a fantastic real estate side hustle idea because it involves leasing a property on a long-term basis and then renting it out on Airbnb or other short-term rental platforms for higher rates. You are generating a profit from the price difference. Begin searching for a property ideal for short-term rentals in a highly sought-after area. You can list your property on Airbnb, Vrbo, or other platforms, and they will handle bookings, payments, and guest communication.

According to AirDNA, in 2022, apartment rents surged significantly, with some markets like Miami, Orlando, Savannah, and Fort Lauderdale witnessing rent increases of over 25%. This indicates a growing demand for short-term rentals as an alternative to traditional apartment leases. The statistics from AirDNA emphasize the opportunity. In 2022, rent increases in various markets point to a growing appetite for short-term rentals. In terms of the potential side income with Airbnb Arbitrage, if you lease a property for $2,000 per month and rent it out on Airbnb for $100 per night, you might earn $3,000 per month or more.

However, as of the third quarter of 2022, there were over 660,000 multifamily listings in the U.S. listed on Airbnb or Vrbo as short-term rentals. This means you'll face competition from other hosts, and it's crucial to invest in your property's presentation, marketing, and guest experience to stand out.

5. Becoming A Property Manager

Becoming a property manager is an awesome real estate side hustle idea to capitalize on the rental property market. It involves overseeing the rental properties of others, ensuring they are well-maintained, finding and screening tenants, and handling the various responsibilities that come with property ownership. You can begin by offering your services to property owners in your network or local community. You can also explore online platforms like Zillow Rentals and Apartments.com, where property owners often seek property managers.

According to Business Wire, in the United States, over 10 million people own at least one rental property. Remarkably, 51% of these property owners opt to hire a property manager to handle the day-to-day operations. With millions of rental property owners in the U.S., there's a significant market for property management services. Many property owners prefer to delegate the responsibilities to professionals. It creates a consistent demand for property managers. This makes it a promising opportunity for you seeking to enter the real estate side hustle arena. Additionally, ZipRecruiter mentioned that property managers in the United States earn an average of $28.29 per hour.

While property management offers the potential for a stable income, this side hustle may require you to work evenings, weekends, or be on-call, potentially affecting your work-life balance. Additionally, you may encounter demanding tenants, confrontational situations, or deal with legal and compliance issues. 

6. Bird Dogging

Bird dogging is a unique real estate side hustle idea if you have a keen eye for property potential and enjoy networking. Essentially, bird dogging involves locating profitable real estate deals and referring them to investors. It's an excellent way for you to get your foot in the door of the real estate industry. To get started, your primary focus will be on finding underpriced properties or motivated sellers. You can check websites and apps like Zillow, Realtor.com, and Redfin. These platforms not only provide listings but also market trends and neighborhood information.

The opportunity for bird dogging lies in its flexibility and the potential for substantial income with no initial capital. As reported by Mashvisor, the typical referral fee for a bird dog ranges from $500 to $1,000. For those working on a percentage basis, earnings can range from 2% to 8% of the deal's profits. This pay structure makes bird dogging an enticing option for anyone looking to generate extra earnings through real estate. However, bird dogging isn’t a salaried position; it's purely commission-based. This means your income is directly tied to your ability to find and refer to profitable deals. Additionally, while it can be done part-time, it demands significant time and effort to be successful.

7. Real Estate Agent (Part-Time)

Becoming a part-time real estate agent is a promising real estate side hustle idea you help clients buy, sell, and rent properties. To start, you'll need a real estate license, which requires completing a course and passing an exam. You can check online platforms like Real Estate Express that offer flexible courses that can fit into your busy schedule. Once licensed, joining a brokerage will be your next step, where you can start building your client base. Also, Zillow and Realtor.com are great resources to familiarize yourself with current market trends and listings.

The Bureau of Labor Statistics projects a 4% growth in real estate agent and broker jobs from 2020 to 2030. This steady growth shows a consistent demand for real estate professionals. It suggests a stable opportunity for you looking to enter the field part-time. Allied Real Estate Schools reports that part-time real estate agents working less than 30 hours a week earn an average of $24,566 annually. This figure can vary based on where you're located and the effort you put into the role. However, a key consideration in this side hustle is the non-traditional work hours. Unlike many full-time jobs, real estate agents often work outside the standard 40-hour workweek, including evenings and weekends, to accommodate their clients' schedules. 

8. House Flipping

House flipping is a straightforward real estate side hustle idea because the opportunity in house flipping is evident in the potential returns on investment (ROI). In the first quarter, the average gross flipping profit bounced back to $56,000, according to New Silver. This means there's money to be made in buying homes, renovating them, and selling at a higher price. In Q1 2023, the average return on investment (ROI) for house flips was a solid 22.5%, showcasing potential gains for real estate investors. While this is slightly lower than the 2022 ROI of 26.9% and gross profit of $67,900, as reported by Attom, it's still a promising venture.

To get started, find properties that need some TLC, invest in renovations, and then sell them for a profit. There are various websites and apps like Zillow, Redfin, and Realtor.com that can help you identify properties for potential flips. When it comes to potential income, Call Porter revealed that house flippers typically earn between $10,000 to $50,000 per deal and can make anywhere from $100,000 to $500,000 annually, depending on the number of projects undertaken. However, while renovations can increase the market value of your property, they can also lead to higher property taxes and holding costs.

9. Become A Wholesaler

Becoming a wholesaler is a good real estate side hustle idea because you connect property sellers with buyers for a fee. Wholesaling involves finding motivated sellers who want to sell their properties quickly and matching them with real estate investors looking for good deals. It's a win-win situation. You don't need to invest large sums of money in buying properties; instead, you earn a fee for facilitating the deal. You can also use online resources like Craigslist, Zillow, and LoopNet to find properties and connect with potential buyers and sellers.

In terms of the opportunity in wholesaling, according to ZipRecruiter, the average annual pay for a wholesaler in the United States is $75,625 a year. This figure showcases the earning potential in this field. With the right deals and a strong network, you can generate a substantial income through wholesaling. However, wholesaling is not your typical 9-to-5 job, and it doesn't come with consistent paychecks. Your income depends on your ability to find and close deals, which can be unpredictable. Additionally, you must have a deep understanding of the rules and regulations in your local real estate market to ensure your activities are legal and compliant.

10. Rural Land Investment

Rural land investment is a wise real estate side hustle idea because it involves purchasing undeveloped land in less urban areas. You can either sell the land as-is or explore various ways to make it profitable, like creating a campground, starting a pet sitting business, breeding animals for sale, or planting crops. To begin, look for online platforms like LandWatch, Land And Farm, or even local real estate websites to find available rural land listings. Once you've acquired the land, research and execute your chosen profit-generating strategy.

According to Yahoo Finance, the rural land real estate sector saw substantial growth in 2021. Over 70% of agents reported an increase in land values, particularly for recreational land, farmland, country homes, and timberland. This suggests that rural land investment holds significant potential. It's an excellent opportunity for anyone looking to invest in real estate outside of bustling urban areas, where land prices are more affordable. If you consider hemp farming for CBD oil production, Business News reports that from just 1 acre of hemp, you can potentially generate a net profit ranging from around $130 to an impressive $75,000. The profitability depends on factors such as the type of cannabis you choose to grow and your specific hemp farming goals, be it for CBD oil, grains, or fibers. 

11. Bookkeeping

Bookkeeping is a flexible real estate side hustle that helps maintain financial order, ensures compliance, supports informed decisions, and builds trust among stakeholders. You keep track of financial transactions for real estate businesses. You'll record income, expenses, and other financial data accurately. To kick off your bookkeeping side hustle, you can use websites and apps like QuickBooks or Xero. You can build a profile on Upwork and Fiverr to look for clients.

With over 991,047 bookkeepers currently employed in the United States, there's a substantial demand for this service in the real estate sector. Many real estate businesses are looking for skilled bookkeepers to maintain their financial records accurately. According to Payscale, bookkeepers can earn extra income through bonuses, profit sharing, and commissions, with some making between $1,000 to $19,000 per year. It shows that being a bookkeeper is an effective way to earn a side income.

12. Become A Real Estate Photographer

Becoming a real estate photographer is a creative real estate side hustle idea because there's a consistent demand for skilled photographers in this niche. The real estate market's reliance on captivating visuals makes real estate photography a valuable service. High-quality images can significantly influence a buyer's decision, and with the majority considering them "very important”. The demand is evident, with 80% of new homes being discovered online, and 83% of buyers considering photos as a crucial factor in their purchasing decisions, as reported by Investor Details. To get started, you'll need a camera and some basic photography skills. You can explore websites and apps like Airbnb, Zillow or Realtor.com to find real estate listings that may require your photography services.

When it comes to potential income, Zenfolio reports that real estate photographers can earn between $40,000 to $60,000 annually. It's worth noting that as you gain expertise and a solid client base, your income potential can increase. However, there are startup costs to consider. To kickstart a real estate photography business, you may need a minimum investment of $10,300 to $22,000, primarily if you need to purchase equipment.

13. Content Writing (Real Estate)

Becoming a real estate content writer is a top real estate side hustle idea because approximately 44% of buyers prioritize reading blog posts from local real estate agents, as highlighted by a study from the National Association of Realtors. With a substantial portion of buyers relying on blog posts from local real estate agents, there's a consistent demand for writers who can provide valuable insights and information about the local market. It involves creating informative and engaging content about the local real estate market, property listings, and related topics. To get started, you can explore platforms like Upwork or Fiverr, where you can offer your writing services to real estate professionals and agencies. Additionally, consider reaching out to local real estate agents or websites to inquire about freelance opportunities.

For how much extra income you can make, Susan Greene Copywriter suggests that real estate writers typically charge around $75 per hour for their services. As you build your portfolio and client base, you can potentially increase your earning potential. 

14. Become A Social Media Manager For Real Estate

Becoming a social media manager for real estate is an outstanding real estate side hustle idea because there's a high demand for individuals with the skills to manage social media effectively in the real estate sector. According to the National Association of Realtors, a whopping 77% of realtors actively uses social media for their real estate business. Your role would include tasks like strategizing, creating content, analyzing data, and providing customer support. You'll be the go-to person for realtors who struggle to navigate the intricacies of social media while trying to connect with potential buyers.

The opportunity here is clear. With nearly four out of every five realtors relying on social media, there's a substantial market waiting to be tapped. You can help these professionals establish a strong online presence, engage with their audience, and ultimately boost their real estate sales. According to Salary.com, the potential income for a social media manager in the real estate industry falls within the range of $78,638 to $98,618, with an average annual salary of $89,382. This side hustle has the potential to be financially rewarding.

However, balancing multiple roles as a social media manager can be demanding. You'll need to be a strategist, content creator, analyst, and customer support representative all at once. While the income potential is attractive, the workload can be challenging at times, requiring effective time management and multitasking skills.

15. Become A Real Estate Marketing Specialist (Do Marketing for Real Estate Owner)

Becoming a real estate marketing specialist is an in-demand real estate side hustle idea because there's a significant opportunity waiting for you. A staggering 97% of home buyers start their search online, according to the National Association of REALTORS. If you have a knack for marketing, you can leverage this trend by helping realtors connect with the vast pool of online homebuyers. Your role would involve using your marketing skills to ensure that realtors' properties reach a wider audience.

Your potential earnings in this side hustle are quite promising. As per Salary.com, the average annual income for a real estate marketing specialist is around $55,428. However, this can vary, with some earning as low as $45,120 and others as high as $74,640. Your income will depend on factors like your marketing expertise, the demand in your area, and how effectively you can market properties. While this side hustle offers great potential, one of the primary hurdles you might face is the highly competitive nature of online real estate marketing. Standing out among numerous listings and catching the attention of potential buyers requires creativity and a deep understanding of digital marketing trends. Additionally, the income can fluctuate based on market conditions and your ability to secure clients.

16. Affiliate Marketing

Affiliate marketing is a great real estate side hustle idea because it's a flexible and potentially lucrative way to tap into the real estate market without the need for direct sales or property management. It involves recommending real estate products or services, and in return, earning a commission for each sale made through your referral. First, choose a reliable real estate affiliate program that aligns with your interests and audience. Then, use your website, blog, or social media platforms to share your affiliate links. By creating content that drives traffic to these links, you can start earning commissions when home buyers purchase your offerings.

The opportunity in this side hustle is substantial. A report from Placester highlights that with a booming 92% of real estate buyers searching online, the potential to reach and influence a large audience is immense. In terms of income potential, your earnings as a real estate affiliate marketer vary based on the commission rates offered by different programs. For instance, the Nolo affiliate program provides a 25% commission with a 120-day cookie period. Real Estate Express offers a 20% commission with a 45-day cookie period. Corporate Housing by Owner gives a 15% commission and a 45-day cookie period. Last, Buildium presents up to a 28% commission with a 60-day cookie period. These rates show that, with the right strategy and audience engagement, earning a substantial income is achievable.

17. Real Estate Virtual Assistant

Real estate virtual assistant is a promising real estate side hustle idea because of the demand for virtual assistants in the industry. As reported by Virtual Assistant Talent, these professionals are becoming more of a necessity than a luxury in the industry. This shift presents a substantial opportunity for you if you’re looking to enter the real estate field in a flexible, remote role. To start on this side gig, you'll primarily be offering administrative, organizational, and sometimes technical support to real estate professionals or agencies, all from a remote location. Your tasks may include managing communications, scheduling, data entry, and even assisting with marketing efforts. You might join platforms like Upwork, Freelancer, or specialized real estate VA agencies that connect virtual assistants with clients.

Financially, this side hustle appears quite promising. ZipRecruiter states that the average hourly wage for a Virtual Real Estate Assistant in the United States is around $33.84. This figure shows the potential for a decent income, depending on the number of hours you can commit and the level of expertise you bring to the table. However, one of the main disadvantages is the variability of workload and income. As a virtual assistant, your hours and tasks can fluctuate, which might lead to inconsistent earnings. Additionally, this role demands strong organizational skills, the ability to juggle multiple tasks efficiently, and often requires you to adapt to different clients' needs and working styles.

18. Offering Notary Services

Offering notary services is a smart real estate side hustle idea because it plays a crucial role in ensuring document's authenticity and validity. It also serves as a protective measure for realtors and clients against fraud and potential legal disputes.To begin, you'll need to become a notary public, which typically involves completing a state-specific application and passing an exam. Once you're a certified notary, you can offer your services to real estate professionals, clients, and businesses.b To kickstart your notary side hustle, consider joining platforms like NotaryCam or Notarize, which provide online notary services. These platforms can help you connect with clients seeking notarization for their real estate transactions, making it easier to establish your presence in the field.

According to Notarize, more than 1.25 billion documents are notarized in the US each year. This statistic clearly demonstrates the substantial demand for notary services, especially within the real estate sector. Offering these services can be a lucrative venture, given the frequency of notarization in real estate transactions. Additionally, data from S-Ehrlich suggests that most real estate notaries in the United States earn between $50 and $100 per hour. This income range indicates that notary services can be financially rewarding. However, as a notary, you'll need to stay up to date with state-specific regulations and requirements, which can vary. Additionally, building a client base may take time, and the income can fluctuate based on demand.

19. Property Tax Appeals

Property tax appeal is a good real estate side hustle idea because this is gaining momentum, with Valcre reporting that CRE (Commercial Real Estate) property tax appeal volume has seen a significant increase of up to 300% in 2023, depending on the location. Property tax appeal consulting involves helping property owners appeal their tax assessments to potentially reduce their property tax burden. You may begin by familiarizing yourself with property tax laws and regulations in your area. You may need to acquire relevant certifications or licenses, depending on local requirements. Once equipped with the necessary knowledge and credentials, you can offer your consulting services to property owners, guiding them through the tax appeal process.

As for potential income, it can vary based on factors like your location, expertise, and the number of clients you serve. While specific income statistics may not be available, property tax appeal consultants often charge fees based on a percentage of the tax savings achieved for their clients. This means your income can grow as you help property owners successfully appeal their tax assessments. However, property tax appeal consulting requires a deep understanding of tax laws and the ability to navigate bureaucratic processes. Additionally, client success may not always be guaranteed, as outcomes can vary depending on individual cases and local tax authorities' decisions.

20. Start a Blog (Real Estate Niche)

Starting a blog is a rewarding real estate side hustle idea because a significant 61% of buyers express a higher level of trust and confidence in companies that deliver custom content. This trust translates into increased likelihood for buyers to make purchases from those companies. Additionally, HubSpot's research reveals that half of consumers' online time is spent engaging with custom content, such as blogs. You can start by selecting a niche within real estate that interests you the most, whether it's home buying tips, property investment, or market trends. Next, create your blog using platforms like WordPress or Blogger, which are user-friendly and offer customizable templates. With most buyers valuing custom content and engage considerably with it online, your real estate blog can establish you as an authority in the field.

In terms of potential income, your earnings as a real estate blogger can grow over time. According to Millennial Money, bloggers in this niche can make upwards of $100,000 annually after just two years of building traffic and subscribers. In the initial stages, within the first year, bloggers can expect to earn between $500 and $2,000 per month. However, building a successful blog requires consistent effort and patience. It may take time to gain traction and build a substantial audience. Additionally, competition in the blogging world can be fierce, so standing out and delivering unique content is essential.

21. Start A Vlog (Real Estate Niche)

Starting a vlog is a rewarding real estate side hustle idea because it offers an engaging way to showcase properties, giving potential buyers or renters a quick and comprehensive view of what you're offering. To kick things off, you'll need a platform for your real estate vlog. YouTube is an excellent choice due to its user-friendly interface and broad audience reach. Research indicates that property listings with videos receive a remarkable 403% more inquiries than those without videos. This statistic proves the potential for success in this side gig. It's a chance to make a powerful impression on prospective clients by showcasing not only the property but also its highlighted features and the surrounding amenities.

When it comes to potential income, on average, YouTubers typically earn between $0.25 to $4 per 1,000 views, accounting for YouTube's 45% share. However, in high-value niches like real estate, earnings can be considerably higher, ranging from $5 to $10 per 1,000 views. Moreover, once you've successfully established and monetized your YouTube channel, you can diversify your income through affiliate marketing and promotional opportunities. However, while the earning potential is substantial, competition in the real estate vlogging field can be intense. Also, building a sizable and engaged audience takes time and consistent effort. Additionally, creating high-quality videos may require investments in equipment and editing software. 

22. Become An Estate Sales

Becoming an estate sales professional is a well-regarded real estate side hustle idea because it involves organizing liquidation of a person's belongings, often because of life changes like downsizing or moving. It's about facilitating the sale of household items, antiques, collectibles, and more. You'll typically work on behalf of individuals or families looking to sell their possessions efficiently and profitably.

The estate sale industry is on the rise, with over 126.8 million households in the United States. Additionally, there are about 15,000 registered estate sale liquidators. This thriving market shows an unmet demand for estate sale services, making it a promising endeavor for anyone seeking a real estate side hustle. It's a chance to provide valuable assistance to individuals and families while also earning an income. According to Estate Pros, the average estate sale can generate over $18,000 in gross proceeds. However, managing estate sales can be demanding, involving inventorying items, pricing, marketing, and handling customer interactions. Additionally, the emotional aspect of helping clients part with cherished possessions can be challenging.

23. Staging (Become a Home Stager)

Becoming a home stager is an exciting real estate side hustle idea because it involves the art of arranging and decorating properties to enhance their appeal to potential buyers. To dive into the world of home staging, it's important to understand that this practice helps over 80% of real estate agents representing buyers. According to a 2021 survey by the National Association of Realtors (NAR), staging makes it easier for buyers to envision themselves living in a home. Furthermore, 23% of agents reported that home staging resulted in increased offers ranging from 1% to 5% compared to similar non-staged homes. These statistics show the opportunity in this side gig and its potential benefits for both sellers and buyers.

In terms of potential income, ZipRecruiter reports that most individuals working as home stagers can expect to earn between $26,000 and $42,000 annually. The earnings can vary based on factors such as your level of expertise, the demand for your services in your area, and the scale of the projects you undertake. As you gain experience and establish a strong reputation, your income potential may increase. However, home staging can be physically demanding. It involves lifting and arranging furniture and decor. Additionally, building a clientele and establishing yourself in the industry may take time and effort. 

24. Offer Tour Guide Services

Offering tour guide services is a fun real estate side hustle idea because you help travelers explore new places, learn about their history, and make the most of their journeys. To become a tour guide, you'll need to have a deep knowledge of the area you plan to cover and be able to engage and educate tourists effectively. Whether it's showcasing historical landmarks, natural wonders, or cultural experiences, your role is to make the trip memorable. According to Travel Pedia, in the next 10 years, there's expected to be a demand for 13,200 tour guides in the United States. This demand stems from a need for 4,800 additional tour guides and the retirement of 8,400 existing ones. This growth potential in this field makes this side hustle an attractive option for those who enjoy sharing their knowledge and passion for a place with others.

In terms of potential income, Job Monkey reports that tour guides can earn between $50 and $150 per day, taking various factors into account, such as experience, location, training, tour type, and more. Experienced tour guides can earn anywhere from $30,000 to $60,000 annually. The earnings can vary based on the demand for your services and the number of tours you conduct. However, according to Travel Pedia, as of May 2022, there were over 41,000 people employed as tour and travel guides in the United States. This number represents an increase of 10.2 thousand people compared to the previous year, indicating a competitive job market. 

25. Work as a Referral Agent

Working as a referral agent is a straightforward real estate side hustle idea because you connect buyers or sellers with real estate agents or brokers. You act as a bridge, referring clients to professionals who can assist them in buying or selling properties. It's a simple yet impactful role that doesn't require extensive real estate knowledge. In terms of opportunities, according to the U.S. Bureau of Labor Statistics, jobs for referral agents are expected to grow by 2% between 2019 and 2029. While this growth rate may seem modest, it signifies a stable demand for referral agents in the real estate market. This opportunity can be appealing for you if you want to earn income through real estate without the commitment of becoming a full-fledged real estate agent.

Financially, ZipRecruiter reports that the average annual pay for a real estate referral agent in the United States is $86,356 a year. The earnings can vary depending on factors such as the number of referrals you make, the real estate market in your area, and the commission structure you negotiate with the professionals you refer clients to. However, while the job growth for referral agents is steady, the competition can be fierce. Additionally, your income as a referral agent may rely heavily on successful transactions, and there's no guaranteed income when referring clients. It's crucial to have realistic expectations and be prepared for periods with fluctuating income.

26. Offer Interior Design

Offering interior design services is a complex yet rewarding real estate side hustle idea because it involves enhancing the aesthetics and functionality of indoor spaces, making them more appealing and comfortable. To begin, interior design requires a keen eye for detail, a creative flair, and a deep understanding of design principles. Your role involves transforming living spaces, offices, or commercial areas into visually pleasing and functional environments. According to Zipdo, the interior design industry is expected to experience a 5% growth rate in employment from 2016 to 2026. Additionally, since the onset of the COVID-19 pandemic, interior design salaries have seen a significant increase of between 7% to 11%. This surge in demand is due to the growing importance of creating functional and aesthetically pleasing spaces, especially as remote work and home environments gained prominence during the pandemic.

With regards to how much side income you can make, ZipRecruiter reports that the average monthly pay for an interior designer in the United States is $5,550. However, your earnings can vary based on factors such as your level of experience, the complexity of projects, and your client base. As an interior designer, you have the potential to earn a substantial income while pursuing your passion for design. But, take note that the competition is tough. According to IBISWorld, there are currently 181,265 people employed in the interior designers industry in the US as of 2022. Additionally, managing client expectations, sourcing materials, and staying updated with design trends can be challenging aspects of the profession. To succeed, you'll need to refine your skills continuously and provide exceptional service to stand out in the interior design industry.

27. Real Estate Coaching

Real estate coaching is a great real estate side hustle idea because it allows you to provide guidance and mentorship to individuals seeking to improve their real estate skills and knowledge. This can encompass various aspects of the industry, such as sales techniques, negotiation skills, marketing strategies, and business development. According to InMsn, around 90% of agents surveyed who reported using a real estate coach experienced a production increase of at least 10% within the first year. Some even reported remarkable productivity boosts of 100% to nearly 200%. These statistics highlight the tangible benefits of real estate coaching and the potential to make a significant impact on individuals looking to excel in the industry. It's a valuable opportunity if you have expertise to share and help others succeed in real estate.

Financially, Glassdoor reports that the average salary for a Real Estate Coach in the United States is $126,509 per year. While earnings can vary based on factors like your coaching fees, the number of clients you have, and your reputation, this figure showcases the substantial income potential in this field. However, the real estate coaching arena can be competitive, with many coaches vying for clients' attention. Additionally, effectively coaching individuals with varying skill levels and goals can be challenging. Successful coaching involves tailoring your approach to each client's unique needs and guiding them toward success. 

28. Become a General Contractor

Becoming a general contractor is a promising real estate side hustle idea because it plays a crucial role in coordinating various aspects of construction, from planning and budgeting to hiring subcontractors and ensuring projects are completed successfully. General contractors, often classified as "construction managers" by the Bureau of Labor Statistics, oversee and manage construction projects. According to the Bureau of Labor Statistics, there are approximately 448,000 general contractors in the United States, and the field is growing faster than average, with an expected 11% growth rate through 2030. This growth reflects the ongoing demand for construction and renovation projects, making it a promising field for you looking for real estate side hustle.

In terms of side income you can generate, the Bureau of Labor Statistics provides insights. The lowest 10% of general contractors in the US earn less than $53,740, while the top 10% earn over $158,330. These statistics show a wide range of income possibilities, depending on your expertise, project size, and location. With experience and successful project management, you can achieve a substantial income in this role. However, general contracting can be a demanding profession, requiring effective communication, problem-solving skills, and the ability to handle unexpected challenges. Also, managing multiple aspects of a construction project, including budgets, timelines, and personnel, can be stressful. Additionally, to sustain your side hustle, actively seeking clients and projects is necessary due to the competitive nature of the industry. 

29. Real Estate Appraiser

Becoming a real estate appraiser is a prudent real estate side hustle idea because it plays a vital role in determining the value of properties. You assess various factors, including property condition, location, and market trends, to provide accurate property valuations. This is crucial for real estate transactions, refinancing, and property tax assessments. To become a real estate appraiser, you'll need to complete the education and training requirements set by your state. This typically involves coursework and supervised experience. Once qualified, you can apply for a license to appraise properties.

According to the Bureau of Labor Statistics, employment of property appraisers and assessors is projected to grow by 5% from 2022 to 2032.This growth is driven by the ongoing need for property valuations in various real estate transactions. Additionally, Indeed reports that the average salary for a real estate appraiser is $57,606 per year. However, the salary range is wide, spanning from $14,000 to $142,000 per year. This suggests that the income potential for real estate appraisers is on the rise. However, you may need to travel to various locations, handle complex valuation scenarios, and meet strict deadlines. Additionally, the market can fluctuate, affecting the demand for appraisal services.

30. Airbnb Co-Hosting

Airbnb co-hosting is a lucrative real estate side hustle idea with substantial potential for earnings. Firstly, Airbnb co-hosting is a profitable real estate side hustle idea because it allows property owners to leverage a global network of co-hosts to manage their rental properties. Regardless of your location, you can take part in Airbnb's co-hosting service, which operates in over 220 countries worldwide. This means you can tap into a vast pool of co-hosts who can assist you in efficiently managing your rental properties, making it a flexible and accessible venture. To get started with Airbnb co-hosting, you'll need to create an Airbnb host account and list your property for short-term rentals. Alternatively, you can offer your services as a co-host to property owners looking for assistance with property management.

The opportunity for Airbnb co-hosting lies in the global reach of the platform. It allows you to maximize your property's rental potential. The statistics from CHm Inc. emphasize the extensive reach of Airbnb's co-hosting service, ensuring a broad audience for your listings. This makes it an attractive option to earn income from real estate without the constraints of a single location. With potential income, Airbnb co-hosts typically charge a fee ranging from 10% to 20% of the nightly rental rate, excluding cleaning fees. For instance, if you co-host an Airbnb property generating $30,000 in annual revenue, you can expect earning approximately $3,000 to $6,000 as a co-host. However, like any real estate side hustle, there are disadvantages to consider. These may include the responsibility of coordinating bookings, responding to guest inquiries, and managing property maintenance. Additionally, fluctuations in the tourism and travel industry can affect rental demand, affecting your potential income. 

Can Real Estate Be A Side Hustle?

Yes, real estate can be a side hustle. In fact, it's one of the most common side hustles, with 11% of Americans engaging in it, according to a survey reported by The Hustle. This means that many individuals are finding opportunities to earn extra income through real estate while pursuing their main careers or other income sources. One way people engage in real estate as a side hustle is through the booming short-term rental market. For example, someone might rent out their spare room on platforms like Airbnb or VRBO. This allows them to generate additional income by utilizing their existing property without committing to a full-time real estate career.

Is Real Estate A Good Side Hustle?

Real estate can be a good side hustle because it offers potential for significant income and long-term asset appreciation. The average monthly income from side hustles like real estate is around $1,122, and this can be even higher with smart investments and management. Additionally, real estate typically appreciates over time, which enhances your net worth. It also offers tax benefits, including deductions on mortgage interest, property tax, and maintenance expenses.

However, there are notable disadvantages to consider. Real estate often requires a considerable upfront investment, which may not be accessible to everyone. The market is also subject to fluctuations, and property values can decrease because of economic changes. Managing real estate can be time-consuming; the average side hustler spends 11-16 hours per week on their business, and real estate may demand even more time, especially with property management or renovations. Additionally, dealing with tenants, navigating legal regulations, and handling maintenance issues can pose significant challenges. 

What Is Digital Real Estate?

Digital real estate is virtual properties or online assets owned by individuals or businesses. Unlike physical real estate, it lacks tangible presence – you can't touch or feel it. Instead, its value is derived from attracting visitors or users to these digital assets. Just like physical properties, digital real estate can be bought, sold, or rented to generate income. This growing trend is fueled by the fact that 5.16 billion people worldwide were using the internet at the beginning of 2023, as reported by DataReportal, making digital real estate a promising investment.

Conclusion: Why Digital Real Estate Is The Best Option For Side Hustle?

Digital real estate, particularly local lead generation, is the best option for side hustle due to its high return on investment (ROI), lower initial costs, and passive nature. The ROI in digital real estate, especially in lead generation, is substantially higher than traditional real estate. For instance, lead generation can yield profit margins of up to 95%, as it involves generating free traffic and selling information. In contrast, traditional real estate typically offers an average ROI of 10.6%, with an average single-family home in the U.S. netting an ROI of $10,637, as reported by iProperty Management.

When it comes to the cost of entry, digital real estate is far more accessible. Building lead generation sites usually requires only a few hundred dollars, sometimes as low as $500. This is a huge contrast to the significant upfront capital needed for traditional real estate. For example, a typical U.S. home, valued at about $280,000, according to Zillow, requires a 5% down payment, equating to $14,000, not to mention additional costs like property management fees, operating expenses, and property taxes.

The passive nature of digital real estate is another major advantage. For example, I have over 50 lead generation websites that can earn between $500 to $2,500 monthly from each site, with little to no maintenance. One specific case is my tree service site above that has generated me $2,000 per month since 2015. It totaled $168,000 over seven years, with an initial time investment of just 15 hours. In contrast, traditional real estate involves more active involvement, such as property management, maintenance, and dealing with tenants, which can be both time-consuming and physically demanding.

In conclusion, if you are looking for a side hustle that works like real estate that offers a higher ROI, lower entry costs, and a more passive income stream, I recommend starting local lead gen biz.