Secret Cashflow Sources You Didn't Know Existed  â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â 22 Unconventional Ways to Make Money Secret Cashflow Sources You Didn't Know Existed â
Today in 10 minutes or less, youâll learn: âï¸ How to win in debate classâ¦and life âï¸ The jobs of the future donât even exist yet âï¸ You could always come work with me, instead âï¸ My favorite not-so-boring ways to get cashflow â
How to win in debate classâ¦and life I donât remember my GPA. In fact, I find it comical when resumes include them. Ok, nerd. I donât remember which classes I got As in, either. I do, however, remember moments. Brilliant little diamonds to be captured and treasured. I remember debates in class that pushed my mind, questions left open to contemplate. I remember when I realized that joyous feeling every human needsâ¦that I was actually good at a thing. Let me take you back to college. I was in a debate class at the lauded Arizona State University (wink). Our class of 50 had each chosen a subject that we thought was the most impactful invention for all of humankind. One student chose the wheel, another fire, another religion, another agriculture. After days of debate, we were finally down to the final two. I was one of them. It was me versus the student who chose pasteurization, with its ability to cure disease and protect food as the cornerstone of their argument. Which innovation had taken me to the finals? Condoms. Yes, those delicate rubber appendage covers adorned with Trojans. Oh, my poor mother. Why condoms? Well, I did have logical arguments laid out. But the truth is, I knew the class would be voting to determine who won each debate. All those other arguments were expected...boring. I knew at a young age: Panum et circuses â give them bread and circuses, as the Romans said. Entertain them, and they will lift you high. Bore them, and they will kill you. â I used images of AIDs ravaging (emotional appeal), I wove stories of women freed from death in childbirth (aspirational appeal) andâ¦I handed out samples (bribing). Handing out pasteurization is a tad harder. Sorry, pal. Long story short, I won. But then my teacher intervened. She said the class had been swayed by my lubricated goodies and the victory, alas, went to another. I found the intervention more comical than upsetting. But then the teacher sat me down to have âa talk.â âOh Codie. Why, oh why, would you turn my debate into a charade? Why would you not use logic alone in debate?â To which I replied, âYou told me the parameters and the goalâ¦to win. And I did.â Teacher, dear teacher, when you let the masses decide, you have to appeal to the masses. She wanted me to appeal to her, but she was one vote in an audience of 50. I knew who my audience really was, and I played for them. That is the problem with theory vs reality, with school vs life, with our current media vs media of old. The truth is, humans are not swayed by logic alone. Logic must be snuck in like a thief in the night, under the cover of fireworks â that is, emotion. Forget this at your own peril. The world isnât easy on the logical or the principled. â
The jobs of the future donât even exist yet The top-paying jobs in 2000 were legal, management and architecture. â Todayâs top-paying job: crypto creator. And the truth is, tomorrowâs top-paying job probably doesnât even exist today. My lesson in this: What got you here wonât get you there. If you are looking to the models of old to create wealth for you, I am sorry, but you are going to be in a world of trouble as the speed of change just continues to pick up. Only you are the master of your fate. Never give it up, never centralize it. There is a military term COA, or course of action. One of the ways my husband ponders situations is by how many COAs he has, and how many backup plans. Anytime there is only a single escape route, itâs not a great COA. I think about cashflow sources the same way. In a world that changes as abruptly and drastically as our world does, it is no longer smart to hyper-focus and centralize. You need many income streams. So this week, we are diving into some of the weirdest ways to make money weâve heard of. In the end, youâll have 22 ways to ensure you arenât getting a degree in taxi driving in a world that is moving towards Uber. â
You could always come work with me, instead If you're reading this right now, you're one of 285,000 others who look forward to these drops every single week across both Contrarian Thinking and [Unconventional Acquisitions](=). So I'm hiring a freelance writer to work alongside me on both newsletters. Someone who is sharp and has a passion for helping people make money and think differently. â[Apply here](). â
My favorite not-so-boring ways to get cashflow Letâs begin from ideas that need no money and build up to those that need quite a bit of it. $0 needed #1 Negotiate your salary (or your rates) It costs you nothing, and it has the highest ROI on time. The only thing stopping you is fear and laziness. Inflation reached a 40-year high in 2022, so if you havenât renegotiated your salary recently, itâs time to get aligned and ask for more money. #inflayshunnnnn --------------------------------------------------------------- #2 Rent your car to others If youâre not driving, let someone else pay you to use your car. - â[HyreCar](): Rent out your car to rideshare drivers to make up to $12,000 a year.
- â[Turo](: Rent out your car to travelers, make $100s or $1,000s a month. Use the [Carculator]( to find out how much your car could earn.
- â[TravelCar](): Rent out your car while you travel; simply park at qualifying airports. â
--------------------------------------------------------------- #3 Rent out all your toys (boards, bikes, scooters, even pools) Turn your liabilities into assets, volume 1. - â[Swimply](): Rent out your pool.
- â[Riders-share](): Rent out your motorcycle.
- â[Quiver](=): Have a surfboard hoarder like my husband? Rent your spares out on Quiver. --------------------------------------------------------------- #4 Refinance your house Ya need a house for these next two. Or, heck, ask your parents if theyâve refinanced â and if not, help them do it in exchange for a cut. We just did this on all our properties for hundreds of thousands of dollars in savings. --------------------------------------------------------------- #5 Cash-out refinance Gonna get boring and technical here. If you are refinancing your mortgage and you have home equity in it (aka money that youâve paid in or that itâs appreciated since you bought it) you can take out some of that money. Whether this is a terrible idea or a good one totally depends on your financial situation. We did it and then used the money to buy more cash-flowing assets. Careful of HELOCs, home equity lines of credit. Those are variable rates and can get ya. --------------------------------------------------------------- #6 House hacking One of the fastest ways to increase your cash flow is to decrease what you pay each month. Most peopleâs biggest cost is their rent or mortgage. So why not offset that by renting out some of your rooms, or even subletting a couple of rooms if you are a renter? Theyâll pay you to live. --------------------------------------------------------------- #7 Rent ad space on your car If you are a frequent roll-around-towner, you can get paid for displaying a companyâs advertisement on your car. You get a wrap on your car and start earning money just from making your regular trips. The wrap doesnât damage your car, and you can earn up to $1,000 in passive income every month. Especially lucrative for rideshare drivers. Here are a couple of options. - â[Carvertise](=)â
- â[Wrapify](â --------------------------------------------------------------- $10 to $1,000 needed #8 Invest in low-minimum real estate funds You can use sites that aggregate a bunch of money together to invest in real estate and pay you out, without you having to do a big real estate allocation. - â[Fundrise]( â $10 minimum
- â[RealtyShares]()â
- â[Crowdstreet]()â
- â[DiversyFund]( â $500 minimum ââ
--------------------------------------------------------------- #9 Invest in low-minimum pooled artwork Noticing a trend here? More ways to get into big ticket historical items with less money. Masterworks allows you to invest in works of art that are $$$, but not if you securitize them in chunks. â[Masterworks]( â $500 minimum --------------------------------------------------------------- #10 Become a real estate crowd funder If you donât have enough money to buy an entire building, you can still invest in real estate. You just need $500 to get started with online real estate investing company [DiversyFund](, and you can own your share of a real estate investment trust (REIT). --------------------------------------------------------------- #11 Dividend-paying stocks Ahhh, an oldie but a goodie. The stock market isnât just for growers and showers, itâs for payers too. Iâve long had lots of money in stocks that pay out monthly. --------------------------------------------------------------- #12 Buying or building newsletters â[Newsletters are my favorite way to create cashflow](), grow your audience and increase your deal flow. Media companies, when theyâre done right, may be one of the most powerful lever points Iâve ever seen. --------------------------------------------------------------- $1k to $10k needed #13 Farmland and agriculture to cashflow Farming, agriculture and resources are becoming more and more scarce. How can you capitalize on it for yourself? Turns out, you donât have to buy a farm (although I am into that). You can instead use a grouping of aggregators or funds. We have them [broken down for you](). --------------------------------------------------------------- $10k to $50k needed #14 Buy land outside national parks and glamp rent Buy cheap real estate (land) near national parks and rent it out to campers and RVers. We just [dropped a YouTube video](=) on this. â
--------------------------------------------------------------- #15 License music royalties This one I know nothing about, but Iâm digging into. On Royalty Exchange, you can invest in individual music rights and cashflow off of them. - â[Royalty Exchange]() reports that the average annualized return on investment for catalogs sold on its platform was greater than [12%](.
- Hipgnosis Songs Fundâs (SONG) dividend yield is [4.3%](=).
- Mills Music Trustâs (MMTRS) dividend yield is [9.6%](=). --------------------------------------------------------------- #16 Buy some parking spots If you live in a high-traffic city â Chicago, New York or Washington DC â renting out a parking spot can be lucrative and has a lower startup cost than buying real estate. You can rent them out for anywhere from $200-$500 a month and they go for anywhere from $10,000 to $30,000. --------------------------------------------------------------- #17 [Vending machines to earn $15k a month](â If I was a college student, Iâd be doing this one. Very low cost to start ($1k-10k) and strong cashflow potential with a very simple business model. --------------------------------------------------------------- $100k-$1M+ needed #18 [RV parks to earn millions](â The RV trend is real and it can be really profitable. You could be like Kenworth and net $15k a month from a $400k investment. --------------------------------------------------------------- #19 [Mobile home parks to replace your income](=)â We will not be in a bull market forever. Affordable housing is scarce, so why not own mobile home parks to solve both issues? --------------------------------------------------------------- #20 [Buying houses for 1/3 the price (then renting them out)](=)â My prediction: the future of houses will be factory-built for a fraction of the cost. --------------------------------------------------------------- #21 [Tiny homes and Airbnb cashflowing]()â One of my other absolute favorites: tiny homes and Airbnbs. If you have an eye for real estate and design, the cashflow is real. I have some concerns about future regulations, but I like it in this current market. â #22 [Laundromats (this is a bit outdated numbers-wise, but y'all get it)](â Laundromats are the most simplistic version I see of how to get into the M&A trade. They are straightforward, cashflow and have a relatively low cost of operations. â â
Tough love moment. All of these ideas should be showing you⦠Money is all around. You just have to reach out and take it. Most people will not. 99.9% will not. Will you? Question everything and stack cashflowing assets, â Codie â â â
- Juuust in case you made it this far without [knowing what cashflow is]().
- New property management checklist: plumber â
realtors â
[cat with a name you didnât expect]( â
- Top 10 fastest-growing subreddits in the past year? One is about tools and [this is its top post](. The right kind of boring fascinates people.
- â[JP Morgan buying 250,000 acres of trees]() out of the goodness of their heart (or, um, most likely to sell carbon offsets to big companies). â
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--------------------------------------------------------------- Disclaimer â Disclaimer â This is the âBe an adultâ section. This article is presented for informational purposes only. The opinions stated here are not intended to recommend any investment or provide tax advice. Neither are they an offer to sell or the solicitation of an offer to purchase an interest in any current or future investment vehicle by Contrarian Thinking, LLC or its affiliates. All material presented in this newsletter is not to be regarded as investment advice, but for general informational purposes only. Investing does involve risk. We cannot guarantee profits or freedom from loss. You assume the entire cost and risk. You are solely responsible for making your own investment decisions. We recommend consulting with an advisor. By reading/sharing this newsletter or consuming our content on our other channels, you are indicating your consent and agreement to our disclaimer. Make us sad and [Unsubscribe]( ⢠Or Update [Preferences](â 113 Cherry St #92768, Seattle, WA 98104-2205