The Attack of the Side Hustle!

The Attack of the Side Hustle!

When I purchased my first commercial building, I was a property manager.  Therefore, it was natural for me to accept the same role for our investing group.  It dove-tailed nicely into my day-to-day routine.  I could field calls throughout the day for my own property as well as from the portfolio I managed.  Everything rolled together well.  It was a comfortable fit.

I didn’t know it was called a side hustle then, but I was creating a new stream of income (albeit small) and having fun while doing it.

Fast forward eight years and I’ve found myself in an uncomfortable situation.  I’ve grown my portfolio to fifteen properties with more on the way.  I’m now overwhelmed by the level of work I’ve created with the management duties.  The income created from this side hustle is nice, but it’s nowhere near the level I earn as a commercial real estate broker.  It’s not even an amount that I could subside on if I decided to solely do my side hustle.

Therefore, I was faced with a choice – continue to drown or seek immediate help.

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In an Emergency, Who's Your Guy?

In an Emergency, Who's Your Guy?

Have you ever asked a friend for a mechanic recommendation and they say, “I have a guy.”

Or when you tell another friend that you’re looking for advice on a problem they say, “I know this gal who is an expert.”

If you’ve owned a property or been in the property management game for any length of time, you’ll certainly start to develop your own list of ‘guys.’

For the record, ‘guys' is a slang term that encompasses everyone, including men and women.  My commercial banker is a woman and she’s the absolute best in the business.   When I'm creating a list of go to guys, she's always at the top of the list.

‘Guys’ can also refer to a company or business.  My mechanic is a local family business with three locations.  I’ve gone to them for years.  The actual mechanics that have serviced my cars have come and gone but the family business has remained.  I don’t know the family, but the work their team has done has been exceptional.  

My guys are there for me when I need them and will always pull through in a pinch.  The group that I've assembled in my life are worth more than you can imagine.

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