Lucrative second jobs

[ACAFool]

Anyone have any second jobs going on their days off or on reserve that help pay the bills? Perhaps real estate, financial planning or some kind of sales.

 

[starchkr]

I'm starting up a fishing charter here on the gulf coast. I'll have to get back to you later to let you know if it is lucrative or not...right now not with all of the purchases for the business. Give me 6 months.

 

[knelson]

Real Estate. . .

Last summer I got my real estate salesperson license. It's not something that works out too well if you do a lot of overnights. It works if you are home a lot or can get someone to cover your clients when you need them to. Other forms of real estate work much better for other pilots that are gone more. Depending on how real estate prices/values are in your area, you could buy a house, do a few updates and flip it for a profit.

Another one that I have heard of as a pretty good side business is construction site cleanup. You can usually do a pretty good business with this one, fairly simple and not too time-intensive.

Hunting/fishing guide would be great, but it's a little tough to make a year-round gig out of it. I am not speaking from experience on this, just a guess.

You may also want to look into substitute teaching. In a lot of areas you simply put your name on a list and if the school needs someone, you are called. No obligation to say yes, but you at least get the offer.

If all else fails, give multi-level marketing a shot, for every one of those things out there, there's a million suckers and one or two millionaires. Who knows, maybe you could be the one.

But seriously, there's a million ways to make money if you are the go-getter type. Good luck with it.

Kevin

 

[DH106]

The software biz:

Aviation Tutorials Company, LLC (VOR and NDB Training)
http://www.avtutorials.com

SellFolio LLC (Multimedia portfolio-building software for architects)
http://www.sellfolio.com

 

[SilentBob]

If your were just a literary agent or publisher, I have a laptop slam full of spy novels I wrote on cruise in the navy and anywhere else where I spent a few hours on my rear (don't start - it's very addicting believe it or not and the pay - $0 and counting - stinks). Turn them into movies for me and we could both retire to (insert name of exotic tropical isle here) like Ian Fleming (he created 007 for those of us who just watch the tube).

BTW my wife does ok with some network marketing gigs - I help her on occasion. It's fun to get checks for talking on the cell phone but we may still be in the sucker category since we're definitely not in the millionaire one (though we have run into quite a few millionaires with these things).

SB

 

[SDF2BUF2MCO]

There's a guy here in Orlando whose 2nd job is extracting venom from poisonous snakes to use for medical purposes. Seems to be a job you can do in your spare time and make some additional green. Probably don't see too many people getting anything out of his flight case.

 

[RubberNeck]

I'm going to be a Man Whore

 

[Lear70]

From the back of the Nashville Scene - a classified ad:

Safe Sex Get Paid for Men! Make $1,000 a week! Free black book offer. Very low management fee, high profile clientel. For details call:

Sorry, don't want to put the number here, might get booted for helping contribute to prostitution...

Incidentally, a friend of mine we used to call Snow Bunny did this and he was making about $800 a week part-time... That's about what I make as a CRJ Captain after taxes - could be interesting!

p.s. Anything heard any more about the porn industry Aides scare?

 

[islandhoper]

I was doing instruction for 1900 airlines part time. Did some checking and recurrent flights as needed. This company out of SJU payed me $1000 a day and would use me about 3 days a month. Saddly they don't exist anymore...
Currently doing the same for a charter in FL but they pay a lot less...



Thinking about real state now, seems to be the way to go

 

[WhiteCloud]

There's a guy here in Orlando whose 2nd job is extracting venom from poisonous snakes

I do too much of that flying the line to do it on my days off.

 

[FLB717]

But the snakes are less deadly and easier to handle than the Flight Attendants.

 

[BLUE BAYOU]

Buy up some property and rent it out. It's not cash in the bank right away, but it offers somewhat of a tax shelter (for those guys getting over $100G in pay) and becomes a pretty safe real estate investment.

 

[ACAFool]

Re: Real Estate. . .

Last summer I got my real estate salesperson license.

How has that worked out for you? I assume you just do it part time. When you are gone do you just have someone else show places?





Buying rental properties is a good idea, but only if you really want to be a landlord. The people that I have known who have done this spend a tremendous amount of their time on it.

 

[English]

Re: Re: Real Estate. . .

Buying rental properties is a good idea, but only if you really want to be a landlord. The people that I have known who have done this spend a tremendous amount of their time on it.

I had a rental property in a different state that I sold last year. I hardly spent any effort or time running the arrangement. I made $750 a month in rental income. With a long-term tenant, all I had to do was cash the check every month. The house was in great shape (a new construction) so it was a low-maintenance deal. After two years I sold the property and made a nice profit.

 

[WhiteCloud]

Rental property can be a good deal if you do it right. My version of "right" is to buy a property close to home or start out living in it for a few years. Learn some basic plumbing and electrical repairs along with some basic renovation skills. The bills for those things can eat up your profits. Manage it yourself and, most importantly, carefully select your tenants and run background checks. Be sure you don't have to sweat the payment if it's empty for a month or two. A bad renter can cost you much more than that, destroy the property, and then turn around and sue you. They have nothing to lose and you are the "rich" landlord. Only show up to work on the property in work clothes and an older work vehicle. Don't let them know too much about you or your family. Having a good experience as a landlord takes some thought and effort. It can become a disaster quickly if care isn't taken to prevent problems before they start. Good luck.

 

[ATRCAPT]

Second Job

I buy old rusted out British sports cars (Triumphs, MG's, etc). I refurbish gear boxes, differentials, carbs and the like and sell them over the net. It started as a way to finance my own sports car addiction, but has turned into a way for my wife to quit her job!

 

[ACAFool]

Rental property can be a good deal if you do it right. My version of "right" is to buy a property close to home or start out living in it for a few years. Learn some basic plumbing and electrical repairs along with some basic renovation skills. The bills for those things can eat up your profits. Manage it yourself and, most importantly, carefully select your tenants and run background checks. Be sure you don't have to sweat the payment if it's empty for a month or two. A bad renter can cost you much more than that, destroy the property, and then turn around and sue you. They have nothing to lose and you are the "rich" landlord. Only show up to work on the property in work clothes and an older work vehicle. Don't let them know too much about you or your family. Having a good experience as a landlord takes some thought and effort. It can become a disaster quickly if care isn't taken to prevent problems before they start. Good luck.

Thats what I meant by a lot of work. When you multiply that by the number of houses you are renting it turns into a full time job.

 

[great cornholio]

This one sounds crazy, but my buddy does it and actaully makes a good chunk of change doing it. He drives a concrete truck on the side. Apparently right now the concrete truck companies don't have enough drivers so they told him he can come in any day he wants. Also he can get unlimited overtime and gets a bonus if he pours so much concrete. He just drives the truck then the crew on site worrys about pouring it and shaping, etc. Anyways with the overtime and what not he works that around 3 days a week and makes a little more than his F/O job pays. He gets paid around $14/hr. Then overtime and bonus ontop of that.

 

[WhiteCloud]

Thats what I meant by a lot of work. When you multiply that by the number of houses you are renting it turns into a full time job.

Absolutely. The thing that makes it good, from a pilot's perspective, is you can usually get things fixed on your days off. If there is an emergency you would call the pros anyway.

 

[jimcav]

I was trying to get on with VanHalen as the new lead singer but Sammy is back in the band now. Oh well, guess I gotta keep my options open.