<description>&lt;p class="p1"&gt;&lt;em&gt;Episode 256 (Season 8, Episode 9)&lt;/em&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;strong&gt;Create Supplemental Income&lt;/strong&gt;&lt;/p&gt; &lt;p class="p3"&gt;I think we can all agree on two things:&lt;span class= "Apple-converted-space"&gt; &lt;/span&gt; 1) red M&amp;M’s are the best and 2) things have been tough with real estate lately.&lt;/p&gt; &lt;p class="p3"&gt;We all love it when everyone is selling their homes, but how do we handle those moments when things are slow? We preach to “double down” on your real estate efforts, but if you must, looking for another source of income may be the preferred solution.&lt;/p&gt; &lt;p class="p3"&gt;Let’s explore some options and dive deep into the Wright Brothers. We’ll also listen to Megan recoil in horror after being set up by Todd to fun of dentists! Always fun to see Megan squirm!&lt;/p&gt; &lt;p class="p4"&gt; &lt;/p&gt; &lt;p class="p5"&gt;&lt;strong&gt;SHOW NOTES&lt;/strong&gt;&lt;/p&gt; &lt;ul class="ul1"&gt; &lt;li class="li6"&gt;We think it’s “Going Great in Season 8” [3:14]&lt;/li&gt; &lt;li class="li6"&gt;Diversifying income is incredibly important right now [5:30]&lt;/li&gt; &lt;li class="li6"&gt;Todd gives away a $1,000,000 secret! [8:44]&lt;/li&gt; &lt;li class="li6"&gt;Todd’s worst ideas [10:53]&lt;/li&gt; &lt;li class="li6"&gt;Todd’s rhyming game is slightly off [12:40]&lt;/li&gt; &lt;li class="li6"&gt;Option 1:&lt;span class= "Apple-converted-space"&gt; &lt;/span&gt; Making money from within real estate [14:29]&lt;/li&gt; &lt;li class="li6"&gt;Pewter is worth more than bronze? [17:17]&lt;/li&gt; &lt;li class="li6"&gt;Option 2:&lt;span class= "Apple-converted-space"&gt; &lt;/span&gt; Making money working things that are affiliated with real estate [19:02]&lt;/li&gt; &lt;li class="li6"&gt;Terry shares his AirBNB story [20:55]&lt;/li&gt; &lt;li class="li6"&gt;Cornfed Criminals! [24:37]&lt;/li&gt; &lt;li class="li6"&gt;Orville and Wilbur Wright are Indiana natives [27:35]&lt;/li&gt; &lt;li class="li6"&gt;Christian wins, but Terry finishes under protest [29:22]&lt;/li&gt; &lt;li class="li6"&gt;Option 3:&lt;span class= "Apple-converted-space"&gt; &lt;/span&gt; Work something outside of real estate, but keep it flexible [32:00]&lt;/li&gt; &lt;li class="li6"&gt;Christian knows most about the “lazy girl” job trend [33:07]&lt;/li&gt; &lt;li class="li6"&gt;Megan hates on dentists! [34:10]&lt;/li&gt; &lt;li class="li6"&gt;Action Step:&lt;span class= "Apple-converted-space"&gt; &lt;/span&gt; Start researching another income source for slower real estate times [36:41]&lt;/li&gt; &lt;/ul&gt; &lt;p class="p7"&gt; &lt;/p&gt; &lt;p class="p5"&gt;&lt;strong&gt;SHOW LINKS&lt;/strong&gt;&lt;/p&gt; &lt;ul class="ul1"&gt; &lt;li class="li6"&gt;Precious metals in order of value: &lt;a href= "https://www.elitejewelryandloan.com/types-precious-metals-value/"&gt;&lt;span class="s2"&gt; https://www.elitejewelryandloan.com/types-precious-metals-value/&lt;/span&gt;&lt;/a&gt;&lt;/li&gt; &lt;li class="li6"&gt;The Wright Brothers: &lt;a href= "https://airandspace.si.edu/explore/stories/wright-brothers"&gt;&lt;span class="s2"&gt; https://airandspace.si.edu/explore/stories/wright-brothers&lt;/span&gt;&lt;/a&gt;&lt;/li&gt; &lt;li class="li6"&gt;Best jobs to work from home: &lt;a href= "https://www.indeed.com/career-advice/finding-a-job/best-work-from-home-jobs"&gt; &lt;span class= "s2"&gt;https://www.indeed.com/career-advice/finding-a-job/best-work-from-home-jobs&lt;/span&gt;&lt;/a&gt;&lt;/li&gt; &lt;li class="li6"&gt;Pros and Cons of Being a Dentist: &lt;a href= "https://orthodontics.com/pros-and-cons-of-being-a-dentist/"&gt;&lt;span class="s2"&gt; https://orthodontics.com/pros-and-cons-of-being-a-dentist/&lt;/span&gt;&lt;/a&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p class="p4"&gt; &lt;/p&gt; &lt;p class="p5"&gt;&lt;strong&gt;BOOM LINKS&lt;/strong&gt;&lt;/p&gt; &lt;p class="p6"&gt;Email: &lt;a href= "mailto:info@boomrealestatepodcast.com"&gt;&lt;span class= "s2"&gt;info@boomrealestatepodcast.com&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p class="p6"&gt;Web: &lt;a href= "http://www.boomrealestatepodcast.com"&gt;&lt;span class= "s2"&gt;www.boomrealestatepodcast.com&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p class="p6"&gt;Facebook: &lt;a href= "https://www.facebook.com/boomrealestatepodcast"&gt;&lt;span class= "s2"&gt;https://www.facebook.com/boomrealestatepodcast&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p class="p6"&gt;Youtube: &lt;a href= "https://www.youtube.com/channel/UCt1P-rEDZ1h2UYT20EN4mYQ"&gt;&lt;span class="s2"&gt; https://www.youtube.com/channel/UCt1P-rEDZ1h2UYT20EN4mYQ&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p class="p6"&gt;30-Day Jumpstart: &lt;a href= "http://www.boom30.com"&gt;&lt;span class= "s2"&gt;www.Boom30.com&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p class="p6"&gt;Book the Boom Team for a speaking event: &lt;a href= "http://boomrealestatepodcast.com/speaking"&gt;&lt;span class= "s2"&gt;boomrealestatepodcast.com/speaking&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p class="p6"&gt;Sign up to be coached by the Boom Team: &lt;a href= "http://boomrealestatepodcast.com/coaching"&gt;&lt;span class= "s2"&gt;boomrealestatepodcast.com/coaching&lt;/span&gt;&lt;/a&gt;&lt;/p&gt;</description>

The Boom Real Estate Podcast

Todd Ferris, Megan Ferris, Terry Waggoner, Christian Kemp

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

APR 9, 202437 MIN
The Boom Real Estate Podcast

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

APR 9, 202437 MIN

Description

Episode 256 (Season 8, Episode 9)

Create Supplemental Income

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

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

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

 

SHOW NOTES

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

 

SHOW LINKS

 

BOOM LINKS

Email: [email protected]

Web: www.boomrealestatepodcast.com

Facebook: https://www.facebook.com/boomrealestatepodcast

Youtube: https://www.youtube.com/channel/UCt1P-rEDZ1h2UYT20EN4mYQ

30-Day Jumpstart: www.Boom30.com

Book the Boom Team for a speaking event: boomrealestatepodcast.com/speaking

Sign up to be coached by the Boom Team: boomrealestatepodcast.com/coaching