We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Tired of Renting? How to Save for Your First Property in ONE Year (or Less)

Tired of Renting? How to Save for Your First Property in ONE Year (or Less)

2025/5/19
logo of podcast Real Estate Rookie

Real Estate Rookie

AI Deep Dive AI Chapters Transcript
People
A
Aaron Mann
A
Ashley Kerr
G
Garrett Brown
专注于短期租赁和房地产翻新的房地产投资专家,常常实现20%或更高的回报率。
Topics
Aaron Mann: 我厌倦了在芝加哥租房,高昂的租金让我觉得是在帮别人还房贷。在妻子的鼓励下,我开始关注房产投资,并参加了新手训练营。我们最终选择了在基诺沙购买房产,因为那里的市场稳定且有出租潜力。为了实现这个目标,我们制定了详细的储蓄计划,并积极寻找副业增加收入。最终,我们成功购买了第一套房产,并通过合租的方式来支付部分房贷。我希望通过我的经历告诉大家,只要有决心和正确的策略,即使是新手也能在一年内实现首次置业。 Ashley Kerr: 很高兴能邀请到Aaron分享他的房产投资经验。他的故事证明了,通过策略性的副业和坚定的储蓄,即使是在高房价的城市,也能实现首次置业的梦想。Aaron不仅分享了他的购房过程,还介绍了他的副业策略,这对于那些正在为首付而努力的投资者来说,非常有价值。我相信他的经验能够激励更多的年轻人勇敢地迈出房产投资的第一步。 Garrett Brown: Aaron的经历非常鼓舞人心,他不仅成功购买了房产,还通过合租的方式来减轻经济压力。他的副业策略也值得我们学习,特别是他提到的鸟狗(Bird Dog)模式,这对于那些想进入房地产行业但又没有足够资金的人来说,是一个不错的选择。总的来说,Aaron的故事告诉我们,只要有创意和行动力,就能在房地产领域取得成功。

Deep Dive

Shownotes Transcript

Translations:
中文

Getting started in real estate investing often feels impossible when you're paying down debt or you're battling the cost of eggs at the supermarket. But today's guest proves that with strategic side hustles and some determined savings, you can get that first property that will set you up to scale. Aaron Mann recently purchased his first single family home after saving for over a year. So what makes

his journey particularly interesting is how he was actually able to leverage multiple income streams to make that happen. So whether you're struggling to save for your first down payment or looking to accelerate your investing journey, you'll want to learn Aaron's practical approach to building wealth through real estate and side hustles.

This is the Real Estate Rookie Podcast. I'm Ashley Kerr, and today we have Garrett Brown with us while Tony is out. So Garrett, thank you so much for being here. Always an honor to join and always fun to talk about side hustles and getting your investment journey starting. So I'm super excited for today's episode. And also a big welcome to Aaron Mann. We're super excited to have you back on the show. Yeah, it's great to be back.

Honestly, when I came on here a year ago and told you I was starting to look into investing into a property, I just wanted to come back and make sure that you all know that I wasn't a liar. You held true to your word. Okay, so Aaron, let's kind of start a little bit with your background. What specifically sparked your interest and why?

And where are you now? Well, my wife basically is what started my investing journey and telling me, you know, we live in Chicago. Rent is very expensive. You work with a bunch of people that invest in real estate. I'm trying to learn as much as possible so that I can try to convince you that we got to get out of this apartment business.

hustle, so to speak. So basically, we were starting to pay rent at around like the 1800 marker. And at that point, I remember hearing a rookie episode and my wife remembers hearing a rookie episode where they were talking about why am I paying someone else's mortgage when I could be paying my own? And if we can find a monthly payment that is roughly the same or heck even cheaper right now than, you know, a monthly rental payment, let's do that.

Let's jump right in. Well, you recently purchased this first property. So walk us through some of the journey of how that happened, you know, from the search to all the way to the finish line. 100%. So we started off with, oddly enough, the rookie boot camp, just so we could get a grounding basis of it. We didn't even know where to start. But as we were looking at different markets and different potential ideas, we came up with the solution of

We should look in Kenosha, Wisconsin, which is about an hour north of Chicago, is my hometown, for a property that we can house hack.

and live in with potential tenants and whatnot. So that's the strategy we decided to go with. And the main reason we chose Kenosha, Wisconsin is the market is still stable. The town is very up and coming. It's got a ton of different manufacturing facilities and different factories and a lot of potential basically for different renters. So once we picked a place, we knew the strategy we wanted to take,

we decided to look at what our pricing options were.

And to skip the, you know, 60 house tours that we went on in Kenosha, Wisconsin, driving an hour. 60? Yeah. It felt like 60. It might be somewhere in like the mid 40s, but it felt like 60. Wow. It's a lot. But to skip all of those, I'm going to go right to the one where we finally landed on, which was this lovely, deep, dark, dank basement that I'm talking to you from now. Yeah.

until it's completely finished. But oddly enough, we came in and looked at the description, 183 days on market, which is a long time for all of the other listings that we were seeing. And in the description, it said that they were a motivated seller, that they were just looking to offload the property. So we said, you know, let's give it a shot. Let's give it a try. And we knew that our first property was not, you know, going to be the perfect one. We needed to

make sacrifices or know that we could fix something or what have you. We were immediately in love with this property, knowing the minor fixes that it needed in order to get our plan off of the ground.

And it went in and about, I know that we like to talk about numbers, 240 was the asking price for a three bed, two bath home, which we were pretty excited about that. Aaron, real quick, before you go into the numbers, was this the first property that you offered on? It is not. It is not the first property that we offered on. Okay. Yeah. So you toured the 40 to 60 property.

How many of those did you actually put in offers on before you got this deal? To be honest, about only like two or three other ones, potentially, because we knew what we were capable of making for a down payment and we knew what we needed to ask for, basically. And to be fair, we were asking for a decent chunk of concessions when we were jumping into this, knowing what we needed to do and what fixes we needed to make on those properties that we did make offers on.

This one we landed on. Initially, we asked for $240, their asking price. And then I believe it was about $11 in concessions. I feel like a pretty good balance for something that had been on the market for that long. And Aaron, what is a concession? You wanted popcorn and candy to, you know...

Yes. And the house needed to be filled with it, especially in the unfinished basement. No, it's basically asking for some money to help with the down payment and cover closing costs and all of that fun stuff with your agent and whatnot to kind of ease the blowback, so to speak.

Or at least that's the way I like to describe it. Yeah, so basically you're asking prices to 40, but you're asking for them to basically give you back 11,000 of that. And oddly enough...

They came back and they said, no concessions, and we would like you to pay the full price of the home, which is a weird negotiation tactic of upping the price for an initial offer. That doesn't sound like negotiation at all. No, not at all. So we said, okay, we'll pay $249, the estimated cost of the home, but we still want those concessions, pretty please. And they said, well, I mean, how do you feel about $10,500? We said, okay.

Sure. Absolutely. Let's do it. They just couldn't give you one thing that you wanted. Here's the best part. We got the house inspected and the inspector found a couple of things. We wanted to definitely have them do the repairs on some stuff with the HVAC, the electric, that sort of stuff. And we said, okay, we still want the same deal. Can you go in and fix that?

And they said, no. We said, okay, how can we make this work? And they said, well, what if we just give you another 500 in concessions? It's the original number we have. Sure. You know what? Fine. That's absolutely fine. I have a pretty interesting question that I hear a lot on the house hacking side is,

Did you need to be convinced to move in with tenants or did your wife need to be convinced? Are we all both on board? Because I've never house hacked, but I could see that that would be my kind of drawback. So how did y'all kind of work that out? Yeah, it's definitely a discussion that needs to happen.

before you make the leap into even thinking about house hacking. Because, I mean, you're going to be sharing your space with these people who, you know, you interview them and you do the background checks on, but you don't know. We, however, were both very on board out of the gate because we had been living in the rental market for just oh so long in Chicago, Illinois, and that gets to be very costly. So we said, you know what? In order to get our investing journey started, we need a leg up. So

somewhere. And we felt that this was the best option. And we were very comfortable with having roommates. We've had roommates a good chunk of our lives, I think. So yeah, we didn't have any problem jumping into it. But I know that it is not for everybody. Yeah. Sacrifice takes a lot, though, to get to that point that you're looking for in your investing journey, though. So that's good to hear that y'all are able to work that out and good information for other rookies out there that

maybe on the fence about that, that sometimes there's a little sacrifice you have to make to get those big gains going forward for you. So Aaron, the numbers on the deal, you purchased it for $249,000 and you got your concessions of $11,000. What did you end up renting it out for? So we're still in the process of doing the fixes of the home and whatnot to make sure that it is tenant ready. But we are going to be renting out each bedroom at $1,100,000.

These are massive bedrooms with two closets per bedroom. They are both connected to the single bathroom. However, what we're going to be including in that price is you've got your full-service kitchen. You don't have to pay for any of the amenities. We're going to have a biweekly or tri-weekly cleaning service come in to clean all of the community areas.

including the bathrooms as well, not the bedrooms. We keep that private. And obviously, each bedroom gets its own lock and whatnot. So you have your sense of privacy in the home. But we try to make it, we're wanting to make it as comfortable as possible for tenants to stay here and feel like it's a

a comfortable shared space. So we have to take a quick break, but when we come back, we're going to hear more from Aaron on his house hack and also how he was actually able to save the money and increase his income with side hustles. We'll be right back.

What if I told you you could forget everything you know about investment property loans? Because Host Financial is rewriting the rulebook, tossing out those pesky DTI restrictions. They focus on your property's income potential. No tax returns or personal income statements needed. Simple.

efficient, and tailored for investors like you. Imagine a lender that sees the gold mine in your property, not just the numbers on your paycheck. That's the host financial difference. And they're approved in 47 different states. So your next big deal could be just around the corner. Ready to unlock your property's true potential? Visit hostfinancial.com. Don't let old school lending hold you back another day. That's hostfinancial.com.

Hey investors, quick question. How many hours did you waste this month chasing down rent, sorting through receipts, or manually reconciling transactions? If you're like most landlords, it's way too many. Every minute lost in busy work means less time finding deals and growing your portfolio. That's why I'm excited to introduce our new BiggerPockets Pro Partner, Baselane.

Baseline's banking and AI-powered bookkeeping platform automatically collects rent, tags transactions in real time, and instantly shows you cash flow reports. Stop chasing receipts and start chasing returns. Sign up now at baseline.com slash biggerpockets and get a $100 bonus to jumpstart your journey.

Baseline is a financial technology company and is not a bank. Banking services provided by ThreadBank, member FDIC. Landlords, here's a quick tip. A standardized checklist for property inspections can save you time, money, and headaches. Preventative maintenance means fewer expensive surprises later. Want to save even more? RentReady helps you stay on top of rent collection, lease management, and maintenance requests, all in one easy-to-use platform. And right now, you can get six months of RentReady for just $1 with promo code BP2025.

Visit rentready.com. That's R-E-N-T-R-E-D-I dot com and use code BP2025 to get started.

Now let's get back into the show with Aaron. You save for over a year to make this purchase happen. And that's usually one of the biggest drawbacks we hear is being able to have that down payment that you need to get into a house. And you did a great job with the concessions because that's something I always advise people to look into if you're having trouble with the down payment. So what specific saving strategies did you implement and how did you stay disciplined throughout this entire process of 60 tour home tours or whatever number we land on with that?

I cannot stress this enough. Weekly finance meetings, going through your budget and making sure you know what's coming out, you know what's coming in and where you can penny pinch to not only pay down debt as per usual, but also set money aside to make sure that you have exactly what you need to

in a given timeframe to make that happen. Now you mentioned that like we saved in a year. Yes. A hundred percent. Could we have extended that timeline? A thousand percent. Um, I think that one of the things I learned during this entire process is like, instead of, you know,

squeezing your stress limit of oh my god we have to make this happen like this is my goal like make sure you have that timeline but also realize that it's flexible it's adjustable you don't want to you know jump into something too quickly and then before it's too late realize you've done something you can't take back so to speak um but yeah that's that's where the

I stress that to a lot of people. And that's also my wife's fault. She'll send me constant reminders of we're having a finance meeting tonight. It's like, OK, yeah, 100 percent. Aaron, so with the saving and once you hit that goal, was there any hesitation of parting with that money?

You know, after you had worked so hard to save this amount of money, did at any point you like say like, oh, my God, how can we part with this? Look at how nice it looks at our bank account. A lot of people would probably look at that and go, well, no, I want to use this for something else. Absolutely not. I had no trouble letting this money go. We we were in a situation where, you know, we were just tired of living in apartments, jumping from place to place. And we just said, you know what?

spend money to make money. This is 100% where we need to put this right now. And we jumped at the chance to spend that money on this house. And that's just my situation. Obviously, I know that like it is hard to let go of that amount of money. But yeah, for us, it was just

smooth sailing right out of the gate. Yeah, you can just walk out and look at the house and go, there's my new bank account right there for now. Smells like money. Yeah, we're doing our weekly finance meetings while looking at our new bank accounts.

Aaron, you host a show every Sunday on BiggerPockets Daily that talks about side hustles. So what are some of the side hustles you did during this time that you were saving to really boost your income? Yeah, the daily hustle. So the side hustles that I utilize personally are

um, are going to be a lot of voiceover acting, uh, and local theater in Chicago as well. Um, which a lot of people, when you think of theater, uh, you don't think, oh yeah, that's where the money is for sure. Uh,

But depending on where you work, how long you've worked there, the people you know, you start to take on contracts that do pay out pretty well. And I would say more so in the voiceover industry have I found more and more success with repeat clientele and a network of folks that can really help you find that side hustle money when you're in the game, so to speak. But

Yeah, it's a those are this where I found the most success. So I heard you mention earlier that you have a specific strategy for really making side hustles worth the time and effort. Like, can you break that down for us? And I don't want to mess it up. So please explain for everyone.

Not at all. Yeah, absolutely. It's called the Mote Method, and it is something that I have utilized throughout my life to get to where I am now with not only my full-time W-2, but also my side hustle network. And one of my favorite things to talk about in the Mote Method is the fact that people are probably doing it whether you know it or not.

To break down each of the letters, you've got maximize in the moat method, where you are trying to figure out exactly where you fall in your side hustle journey, so to speak. What can I potentially do in my repertoire of skills that...

can lead to some sort of side hustle or some type of full-time job. For me, it was computers, audio, engineering, that sort of stuff that I would utilize as a side hustle. Moving on to the next letter, outline, which is, what do I want this to turn into? Do I want

one specific side hustle where I can take that and run with it and just keep it my side hustle? Or do I want to turn that into my full-time job? And how do I get there? Moving on to the next letter, amplify. That's where you hone in on that skill. That's where you try to stand out above everyone else in that skill set for your own individual side hustle. For me,

In voiceover, audio engineering really played a huge part in that, where when people are going out and doing auditions and whatnot...

No one's editing their own audio. They're just sending in these recordings without making them sound clean and pristine and whatnot. So me having that skill set and that sounding a bit better than everyone else's audition that's being sent in is very helpful. So that's just an example of amplification as part of the Moat method. And last but not least, Taylor. I tell people that they can stop at A if they have their own network of stuff that they're comfortable with for their side hustle.

But tailor is where you go a step even further beyond and say, I want to turn this into my full-time job. How do I do that? Whether it's starting your own business or taking the skill set and the repertoire you've built for yourself, your portfolio,

and finding a bigger group to join. So, you know, for me, audio engineering, bigger pockets, really just kind of made sense at that point. And I took those skills and I found a W-2 with it. And that's where I tell people you can either take it that step further or if you're comfortable where you're at, keep the hustle going. 100%. But that is the moat method in a nutshell. I know that was a lot of information.

Moats are not only for Shrek or British, British cashels, castles we see now. So I'm glad, glad to hear another acronym in our, in our world. When I was younger, that was like a dream of mine to have a house with a moat around it and the drawbridge. Yeah. You can still have that. Don't give up. Don't give up. Yeah. A hundred percent. I'm sure there's a short term rental out there. I could buy that. I,

I will send you a listing if I see any moats then just to you. So Aaron, what are some of the best side hustles you are seeing right now today that a rookie investor could do? I know in this week's rookie newsletter that's coming out, Tony included a section about couch flipping and kind of built out a couch flipping calculator for everyone. So what are some other ideas that you have? 100%. And that's actually what I had a recent guest on, Nate Weintraub.

is a professional copywriter and SEO person. However, when he started out, he was actually taking products from overseas. He called them Ella pants and he would buy in mass these, these pants and then sell them online at a higher cost. So I think that the flipping aspect of that is also very prevalent and prominent. And I've seen a lot of people have a lot of success with that. Yeah.

Um, so going on Facebook marketplace, going on these different places where people are just trying to get rid of things and then flipping them for a profit, a hundred percent, very viable. Um, now when it comes to me personally, I think if you wanted to break over into the break into the voiceover industry, also very doable. It is not a very high ceiling that you have to smash in order to do it. And you don't have to be like this, uh,

eccentric, phenomenal actor to do it either. A lot of people read ads for a living, and that's their whole shtick.

So, you know, just a couple of different ones to focus on. But you hit the nail on the head with the flipping aspect of side hustles for sure. Aaron, what's the pay on a Southern accent here? Does Garrett have an opportunity? Garrett, I know a couple people. We'll talk. We'll talk. I've heard that I could be a voiceover for Matthew McConaughey if I wanted to, but not on just voiceover, though. Definitely not anything else. Yeah.

What advice would you give to a rookie real estate investor that's looking for a side hustle to accelerate getting into their first deal? How do you figure that out? What you're trying to pursue exactly? I think it's a combination of the M in the moat method of figuring out what skill sets that you want to evolve or combine in order to figure out what could work for me for a side hustle. Really think outside of the box there.

You know, me combining my computer and audio engineering skills with theater was a very odd combination that just kind of happened. It didn't really, you know, come to mind until I started doing it. So really hone in on the maximize portion of Moat Method. The other thing I would definitely tell someone looking to get their first down payment is

Again, timeline. If I would have extended my timeline past a year and just focused on raking in whatever voiceover side hustle money that I could and just utilized that rather than other facets of money and assets to help for the down payment of the house, I could have done that. But it's all about how...

fast or how slow you want this to occur. So never be stressed about that. So yeah, that's what I would tell someone. Aaron, how much are you making approximately every month just from doing your side hustles? Just from voiceover alone, I would say that I bring in about an extra one to two K a month, which, you know, in the voiceover industry, just for having a couple repeat clients, that's pretty standard. And if I wanted to expand that, I probably could. But

I stopped at the A Amplify portion of Moat where I'm comfortable with these clients and I know what I'm getting myself into and I'm not stretched too thin. So I think that bringing in that extra one to two K a month definitely helped.

It was instrumental in getting the down payment for that process. Aaron, before we go into our break here, do you have any real estate specific side hustles? Real estate specific? No, not really. We've only had the one customer.

So far, I would say I have a couple friends in my group that do like house flipping as part of their hustle that did eventually turn into their full time gigs where they're gutting out old

house, old houses and whatnot, doing drive-bys, making sure the property is potentially abandoned or like just not in great shape and making offers. But other than that, we haven't really had a whole lot of other guests on. So if you would like to be a guest on the podcast, on the Daily Hustle segment of the BP Daily Show, you can go to biggerpockets.com slash hustle and we can talk about that for sure. But yeah, we need more of those.

I think a good side hustle I've heard a lot of people do is they call it bird dog, basically, where find an investor or wholesaler or flipper in your area and you're out driving for properties or trying to find dilapidated properties.

or something that may need work for them. And then they might give you a referral fee if you're able to get it for you and get it for them. And you don't even have to do the hard work of getting the, you know, getting the seller and having to close with them and things. So I've heard that's a pretty popular one for people like one level under wholesaling and they just call it bird dogging. So I'm sure somebody has a reason for why they call it that, but I personally don't know why. Because you send the dog out to get the bird and bring it back.

You're the person that's going out to get the client and bring it back. I'm not as Southern as I sound. I don't even know what you're talking. Well, they do that in the car industry too. So you could honestly probably go to a dealership too. It's just a referral fee basically for the car dealers. And if you refer someone and they, like I remember the last time I had heard about it, a local dealership near me, it was a hundred bucks.

they would pay out. So, I mean, that's pretty easy money to say, Hey, you know, to refer someone. And if they end up buying, all you're doing is making that connection. So, yeah, that's a great idea, Garrett. What about anything else in the short-term rental space, Garrett? Do you think co-hosting should be a side hustle or should that strictly be something that,

you should build a business for? I think if you're getting, so if we're talking side, I think co-hosting is more of, that's a big management lift. So that's more of a business. But I think the side hustle portion, even myself in particular, I hire inspectors for my unit in general areas. So I have my cleaners, they go in clean, they'll take pictures, set everything up, but I will pay an inspector for,

$25 to $75, depending on how big the house and where it's at. And they'll go in and do a big final check for me and maybe even send me some more pictures and tell me if there's anything that's a little off kilter. And then that way I have multiple people to have accountable. But at the same time, that's a great side hustle that my cleaner does sometimes for me because I have a few of them. And this is a great side hustle to amplify her income within the short-term rental space. And you learn a lot about the space to possibly be a co-host

before you know it. So that'd be my good one in the STR space. Okay, well, we have to take our final ad break, but we'll be right back after this. And while we are gone, make sure you are subscribed to Real Estate Rookie on YouTube.

Tired of traditional lenders holding you back? Host Financial is here to change the game. They've ditched the DTI restrictions and they zero in on what really matters, your property's income potential. So no more chasing papers for tax returns or personal income statements. Think about it. A lender that values your property's worth over your paycheck?

That's the host financial difference. Approved in 47 states, they are ready to help you make your next big move. Curious if you qualify? Just head over to hostfinancial.com and find out. Stop letting outdated lending practices hold you back. That's hostfinancial.com, where your property's potential meets unlimited finance.

They say real estate investing is passive, but let's get real. It's anything but. If you're tired of losing valuable hours on financial busywork, there's a better way. Meet Baselane, the all-in-one platform that can help automate your day-to-day. Baselane's banking and AI bookkeeping auto-tags transactions, organizes cash flow, and preps your Schedule E for tax time. You can also automate transfers and enjoy free wires. Ready to spend less time managing money and more time growing your portfolio? Baselane is giving bigger pockets lists

You just realized your business needed to hire someone yesterday. How can you find amazing candidates fast, easy, just use Indeed when

When it comes to hiring, Indeed is all you need. That means you can stop struggling to get your job noticed on other job sites. Indeed's sponsored job posts help you stand out and hire the right people quickly. Your job post jumps straight to the top of the page where your ideal candidates are looking. And it works. Sponsored jobs on Indeed get 45% more applications

the non-sponsored post. The best part? No monthly subscriptions or long-term contracts. You only pay for results. And speaking of results, in the minute I've been talking to you, 23 people just got hired through Indeed Worldwide. There's no need to wait any longer.

Indeed is all you need. Inspecting your rentals again? Here's a pro tip. A

A simple checklist makes sure nothing gets overlooked. It saves you time and costly repairs down the road. And when it comes to managing your rentals, RentReady makes everything easier. Rent gets paid on time, leases get signed online, and maintenance requests don't get lost in your inbox. And if you're a BiggerPockets Pro member, I've got great news for you. RentReady is already included in your membership for free. Don't leave it sitting on the table. Log into your BiggerPockets Pro account and start using RentReady today.

Starting your own business can be intimidating because of all the hats you suddenly have to wear. There's the marketing hat for emails and social posts, the web designer hat for your storefront, the copywriter hat, the logistics hat, and of course the hat hat just for tracking all the other hats. It's a lot. But the right tool to simplify it all? Total game changer. For millions of businesses, that tool is Shopify.

Shopify powers millions of businesses worldwide, including 10% of all U.S. e-commerce, from brands like Mattel and Gymshark to ones just starting out. Launch your store fast with beautiful templates that match your brand. Shopify's built-in AI helps with content, too, writing descriptions and headlines and even enhancing photos. Want to market like a pro? Create campaigns wherever your customers scroll. Best of all, Shopify's your expert partner, handling everything from inventory to shipping and returns. If you're ready to sell, you're ready for Shopify. Turn your big ideas into...

Welcome back from our break. Erin, you're already working on getting your second property for house hacking. Tell us about your buy box and your strategy with this. That's a way down the line plan, I would say, but... You're planning. That isn't stuff.

Yeah, right. Exactly. You keep it one step ahead, 100%. So the main goal there is to, obviously, we're at the step where we need to get things ready on this property. Then we need to find tenants for the house hack in the beginning. And then we're going to be living here in this property potentially for about...

two years. Um, and then after that, we're going to be looking in the exact same area, Kenosha, Wisconsin, uh, for another potential house hack, um, where we're probably, we've planned on the first two or three properties potentially being house hacks because we know what we're looking for in a property. And we know that we're very comfortable with having, you know, glorified roommates basically. Um,

um, and trying to make sure everybody has a good experience while they're living there. Um, one of the ulterior motives is not the right word for it, but one of the ulterior motives that we've also had is, uh, we're both very embedded in the arts. My wife is a, an opera singer. I'm doing a lot of theater and voiceover work. Um, we would love to eventually, um, put together some like artist housing, um, for different, uh,

school programs, things of that nature. We're very close to a college campus that has wonderful programs, Carthage College. And that is kind of the end goal, so to speak. But that is the plan. Yeah, that's awesome, Aaron. We actually have like a little local arts program too in one of the towns near me. And they bought the art

They have like an arts cafe, a little arts theater or whatever, this little organization. And they ended up buying a house next to the theater and they turned it into a short term rental. But like their primary use of it is when they do host different, you know, musicians or actors that are coming in to either like.

teach sessions or to actually be in something that they're performing, they will house them there and then they, you know, break even or generate a little income off of having it as a short-term rental the times they're not housing someone. Wonderful on so many fronts of not only is it giving you what you need out of a property, but also you're really kind of just giving back to the

education system, community, that sort of thing. So we're pretty excited about that. But that is the long-term roadmap for sure. So Aaron, what about your future for side hustles? Do you see yourself taking, now that you're hosting the show for BiggerPockets, do you see yourself getting shiny object syndrome? And next thing you know, we're going to see you flipping couches in Wisconsin. My hyper fixation with the audio industry

industry is just so exciting to me to the point where I have, um, done research and taking classes on a lot of different, uh,

How to set up your home so that it sounds the best. Are you putting in a home theater, even if you're not? Why does your living room reverberate and sound like garbage sometimes? So I have started building – this is where my side hustle journey is taking me. I've started building acoustic panels from scratch that you would normally buy online for like $4.

$400 to $1,200 a pop, but I'm making these with the exact same materials for a fraction of the cost. And I actually have one right here. I'm going to just bring it over here for a second. One second. Look at this bad boy.

This thing. Oh, wow. Cool. Yeah. And you can just hang this on your walls and that way, you know, things aren't echoing and like me and Garrett could try those out. Do you want to sponsor us? A thousand percent. Yeah. I'll get the, I'll get the rookie logo on a piece of a, you know, flannel or something. We'll send that your way. Um,

But yeah, I love making them and I love what they do for a room. And they can include just a ton of different designs. And I'm not like set up shop or anything yet, but that is a direction I want to go. And it costs me, I want to say about like 50, 60 bucks a panel. So I think the turnaround aspect on that as a side hustle is a lot of possibilities. No tariffs involved either. I love it. No, yeah.

Well, Aaron, thank you so much for joining us today on Real Estate Rookie. Can you let everyone know where they can reach out to you and find out more information? We already mentioned the BP Daily Hustle, but if you would like to be a guest on there, or even if you'd like to just ask a question or what have you, you can go to biggerpockets.com slash hustle, fill out the form. And we get that. We're getting in different forms regularly.

every week as the show goes on. It's very new in its first stages, so it's very exciting. So please share your hustle with us. We'd love to have you on the show. Please tell me your theme music is Do The Hustle. I tried so hard, but they wouldn't let us have it. Copyright wouldn't work. Garrett, that should be your side hustles. You should do a bootleg version and record it and send it to Aaron.

We'll plot it out, Erin. Don't worry. Well, Garrett, thank you so much for co-hosting today. Always a pleasure. Can you let everyone know where they can find you? You can find me at Bigger Stays on YouTube, which is our STR-specific channel for Bigger Pockets. And you can check out my weekly Bigger Stays newsletter that comes out every Wednesday through Bigger Pockets as well.

And lastly, I'm Ashley. Thank you guys so much for joining us today. We hope you enjoyed this episode. Please make sure to leave us an honest rating and review on your favorite podcast platform and make sure you are subscribed. We'll see you guys on the next episode. If you're sitting on the sidelines wondering what your next real estate move should be, you're not alone.

But you can get unstuck, and BP Con 2025 is where investors go to do just that. It's the biggest real estate investing conference in the country, and it's powered by the amazing BiggerPockets community. It's three days, 50-plus speakers, thousands of investors who actually get it and know what's going on.

There's no hype, there's no sales pitches, just real strategies from people doing deals in this market, not the one from three years ago. It's all happening October 5th through 7th in Las Vegas. And here's the kicker. When you buy your ticket now, you'll get access to a free $300 expert-led workshop only available through June 15th. So don't wait. Go to biggerpockets.com slash Vegas and grab your ticket. That's biggerpockets.com slash Vegas.