Look out! I just had a big idea. Let’s back up for a moment. I have always been the idea person. You know — the one who can spout out a bunch of ideas in a moment’s notice. I realize it can overwhelm others, so I always tell people not to hesitate to toss out the bad ones.
With this in mind, let’s talk about my latest big idea. I think I have come up with a viable side hustle that will take me from now into my retirement as a hobby and modest income producer. Or at least break even so I have a reason to have this hobby to begin with.
Furniture flipping. Not only furniture, but refurbishing or repurposing old or junk home decor items and bringing them back for a new life. I think there is a huge market for this. The younger generations are looking for a more sustainable life. They want to repurpose old items to avoid the landfill and for other environmental reasons. I think this would be fun. I have spent my entire weekend researching this topic and it looks great.
If I have enough smaller items, I can even go to arts and crafts festivals. I do love a festival. The cost of the festival booth is minimal. There are multiple opportunities where I live in South Florida, so I would not even have to pay for hotel stays. We can stay close to home. I already have an S-corp, so I can run all of the expenses through that.
This idea intrigues me. However it also falls into my house selection category because I will have to have a garage, so I have a place to practice my hobby.
Start up costs for this venture would be minimal. I would need a sander, workbench, shop vac, painting supplies and other small miscellaneous tools. No bandsaw or large power tools would be necessary for what I am going to do.
This idea intrigues me. Now I just have to find the right place in a neighborhood that won’t give me shit for puttering in my garage with the door open all day.
I would start out small and see how it goes, but this could be really fun. I already joined a few Facebook groups. They are full of really helpful folks and Pinterest is bursting with ideas.