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December 2022 Side Hustle Report

November and December 2022 Side Hustle Report – $2,395.86

Last Updated on October 29, 2024January 11, 2023 4 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

Hey everyone! I’ve been way behind on the blogging front, with my hands full with a new baby and an increasingly rambunctious toddler. Things are going well at home and the family is doing well, but unfortunately, my schedule and general fatigue meant that I didn’t get the November side hustle report out last month.

To catch up, this post will include both the November side hustle report and the December side hustle report. It’ll also have a recap of my total side hustle earnings for 2022. Overall, I was very happy with my numbers for the year. Let’s take a look.

Here are the numbers for November 2022:  

  • Rental Income: $2,400 (not included in total)
  • Rover: $574.20
  • DoorDash/Uber Eats/Grubhub: $259.77
  • Shipt/Instacart: $0
  • Wag: $0
  • Bird/Lime: $0
  • Selling Trash Finds/Flipping: $55
  • WeGoLook: $12
  • Roadie: $10.31
  • TaskRabbit: $0
  • ProductTube: $90
  • Gigwalk/EasyShift/Field Agent/Merchandiser/Observa/Pickl: $0
  • IVueIt/ProxyPics: $27
  • Google Opinion Rewards/Surveys On The Go/1Q/Facebook Viewpoints: $4.67
  • Secret Shopping: $117.50
  • ProductLab: $18.50
  • ReceiptPal/Receipt Hog/Fetch/Coinout/Amazon Shopper Panel: $12.75
  • Medium: $0.03

And here is what I earned in December 2022:

  • Rental Income: $2,400 (not included in total)
  • Rover: $725.05
  • DoorDash/Uber Eats/Grubhub: $77.68
  • Shipt/Instacart: $0
  • Wag: $0
  • Bird/Lime: $0
  • Selling Trash Finds/Flipping: $120
  • WeGoLook: $0
  • Roadie: $76.28
  • TaskRabbit: $0
  • ProductTube: $35
  • Gigwalk/EasyShift/Field Agent/Merchandiser/Observa/Pickl: $0
  • IVueIt/ProxyPics: $0
  • Google Opinion Rewards/Surveys On The Go/1Q/Facebook Viewpoints: $7.29
  • Secret Shopping: $160
  • ProductLab: $0
  • ReceiptPal/Receipt Hog/Fetch/Coinout/Amazon Shopper Panel: $12.75
  • Medium: $0.08

November and December both ended up being pretty good months. I was able to earn $1,181.73 in November 2022 and $1,214.13 in December 2022. That comes out to a total side hustle income for the two months of $2,395.86. That’s pretty good and the fact that I was able to make close to $2,400 is pretty remarkable considering how busy I was.

I think what made it work is that most of the side hustles I did were ones that I was able to do while I was doing something else. For example, most of my Rover income is fairly passive since I’m watching dogs in my house. I already have a dog, so watching a second dog doesn’t add much additional work to my plate.

Similarly, almost all of my delivery earnings in November and December were done while I was commuting. Most mornings, I would drop my son off at daycare, then turn on my food delivery apps and see if I could get any orders heading back towards my house. When I picked up my son in the afternoon, I would do the same thing, turning on the food delivery apps to see if I could get a delivery heading home. I earn small amounts from this each day – $5 to $8 usually, but it adds up when you do it every day.

That’s the important thing you can take away from my experience with these apps. Even with a busy schedule, it’s possible to bring in extra income by strategically incorporating these different apps into your day-to-day life. What works for me might be different for you, but it’s likely something will work for you. The beauty of these apps is you can try them out and see what works without having to risk much of anything other than a bit of time.

Here’s a pie chart breaking down my earnings for the past two months by percentage. Rover made up 54% of my earnings, while food delivery made up just 14%. The remainder of my earnings (31%) consisted of secret shopping, flipping, and the various other smaller apps I use.

In the remainder of this post, we’ll take a deeper dive into my earnings in each category for the past two months.

 

Rental Income: $4,800

I charge $2,400 per month for rent, so for November and December, I collected $4,800 in total rent. My expenses for the last two months were low, which was fortunate since I had some fairly high-expense months earlier in the year. The only things I had to spend money on the past two months were some leaf bags so I could rake the leaves and some snow shovels since I wasn’t happy with the snow shovels I was using. Other than those purchases, I didn’t have any other expenses beyond paying the mortgage. 

One great thing about owning real estate right now is that the interest rates on my mortgages are incredibly low. My primary residence has a 3.1% interest rate and my rental property has an even lower interest rate at 2.75%. Currently, normal high-yield savings accounts from banks like Ally and Discover are paying 3.3%, which means that my money in the bank is earning more than the cost of my mortgages. 

For the year, the rental property brought in $28,800 of gross revenue (i.e. before expenses). I had some decent expenses for the year, so my net profit won’t be that high, but I still gained some equity over the year and was able to use the rental income to do some maintenance on the home.

 

Rover Income: $1,299.25  

Rover did very well in November and December, as is generally the case at the end of the year. Thanksgiving and Christmas are the two busiest times of the year for Rover since people are traveling and need sitters to watch their pets, so if you’re a Rover sitter, this is the time you want to try to work. 

I made money in two ways with Rover. The first was dogsitting, where things were pretty normal. I watched several repeat clients over the holidays, so there weren’t any surprises I had to deal with on that front.

The second way I made money from Rover over the holidays was with catsitting. This is when I stop by a client’s house to feed their cat (typically once a day). I have a few clients within a few blocks of my house I regularly provide this service.

Catsitting was particularly lucrative in December because all of the catsitting gigs I did were for homes with multiple cats. I have it set up where I charge extra for each additional cat. Since all of the catsitting gigs I did last month were for houses with 2 or more cats, that meant I got paid between $28 and $34 for each 30-minute visit. There’s some lost time for travel to each house, but since I only catsit for people that live near me, it’s not a ton of travel time (typically 5 or 10 minutes to bike to each house). 

2022 ended up being my best year on Rover, mainly because catsitting brought in additional revenue. For the year, I ended up making $5,276, or an average of $439 per month. I’m very happy with that number. 

 

DoorDash/Uber Eats/Grubhub Income: $337.45 

DoorDash, Uber Eats, and Grubhub were slow for me in November and December. I only made $259.77 in November and just $77.68 in December. There are two main reasons why my food delivery earnings were so low these past two months:

  1. I didn’t have a lot of time to do deliveries. Since I was on quasi-paternity leave (I’m self-employed, so any leave I give myself is self-imposed), I spent most of my time at home with my wife and newborn son. The few deliveries I did do were mainly ones that I did while I was commuting somewhere – usually while I was commuting home after dropping off or picking my oldest son up at daycare.
  2. My DoorDash, Uber Eats, and Grubhub earnings always take a dip in the winter because I do fewer deliveries when it’s cold outside. I always do my deliveries on an ebike, and while I still bike through the entire winter, I’m less motivated to get outside when it’s really cold. Food delivery – as you can imagine – is much more fun in the spring and summer. 

That being said, I’m now back at work and trying to get into the swing of things, so hopefully, I should get the delivery earnings back up again. One thing I’ve been thinking about is transitioning to grocery delivery with Shipt and Instacart during the winter. Grocery delivery has always been more difficult for me to do on a bike, but since I have my Urban Arrow cargo bike, I can easily carry a lot of groceries now. It could be an interesting experiment to see how I do (plus it lets me stay indoors more and gets me out of the cold). 

If you’re interested in seeing how my food delivery on an ebike works, check out my YouTube channel. I’m trying to upload more content there so people can get an idea of how I do these gigs.

 

Flipping/Trash Income: $175

I flipped a few things in November and December and also sold one small trash find that I found while I was out and about. The trash find I sold was a small cat carrier that I listed on Facebook Marketplace for $5. I found it while I was biking home one day, listed it up for $5, and had a buyer soon after. I had them Venmo me the money and left it outside my house for them to pick up, so it didn’t require much work on my part. 

On the flipping front, I sold a board game I found at Goodwill for $50 and then sold two sets of Harry Potter books for $50 each. The board game cost $10, making that find a good profit margin. The two Harry Potter book sets cost $18 each (there were 9 books in the set at $2 each). I’d hoped to make more from the Harry Potter Books, but it’s still not bad to turn $18 into $50.  

 

WeGoLook Income: $12  

I made $12 from WeGoLook in November. The WeGoLook gigs I do are always easy ones that I can usually complete while I’m doing something else, typically while I’m commuting somewhere. This isn’t an app that most people will earn a ton of money from, but it’s a nice app that can fill in some of the in-between time you might have.

 

Roadie Income: $86.59  

I did a surprisingly large amount of Roadie gigs in November and December. Much of it was because I was using a car to drop my son off at daycare during some really cold days and decided to grab a few nearby Roadie orders since I was already out and about. 

In my city, the main Roadie gigs are airport baggage delivery and Home Depot gigs. I don’t often do the airport bag delivery gigs because the airport is too far away from me, but the Home Depot gigs can work out well. Most of the time, the things people are ordering from Home Depot are small enough that you can easily deliver the orders using a regular bike. And with a cargo bike, you can basically deliver anything. 

I ended up doing a few Home Depot delivery gigs in November and December and also did a Hello Fresh delivery gig that I picked up while I was on my way home from doing a secret shop. Roadie isn’t something I do all the time, but like a lot of the apps I use, it can be a nice filler app when things are slow or one that you can use when it’s convenient. 

 

ProductTube Income: $125  

ProductTube did fairly well in November and December. I ended up making $90 in November and $35 in December. As usual, these were easy gigs that I didn’t go out of my way to complete. For the most part, I did most of my ProductTube gigs in the morning after dropping my son off at daycare. 

For 2022, I ended up earning $655 from ProductTube. Considering how little time each assignment takes, it was well worth it. 

 

IVueIt/ProxyPics Income: $27  

I made $7 from IVueIt in November and $20 from ProxyPics. December was slow and I didn’t earn anything from either app that month. With these two apps, I basically just check them every once in a while to see if there are any good gigs nearby. If something looks good, I’ll grab it.

 

Google Opinion Rewards/Surveys On The Go/1Q Income/Facebook Viewpoints: $11.96 

It was a relatively slow two months for my short survey apps, but I still made a few bucks from them. Here’s what I made with each app in November and December: 

  • Google Opinion Rewards: $6.46
  • Surveys On The Go: $0
  • 1Q: $0.50
  • Facebook Viewpoints: $5

Google Opinion Rewards was slower than usual. I think part of the reason it was slow was that I was at home for much of the last two months and many of the surveys from Google Opinion Rewards are based on your location. If you go near certain stores, it’ll send you surveys. Since I wasn’t out and about much, I didn’t receive as many surveys.

Facebook Viewpoints is an app that I get surveys for periodically, so I was able to make an easy $5 from that.

 

Secret Shopping Income: $277.50 (plus free food) 

Secret shopping with the Marketforce app has become a good source of income for me every month. I ended up making $117.50 in November and $160 in December. 

For the year, I ended up earning $1,718 in payments from Marketforce and received an astounding $3,590.89 in reimbursements for food for the year. In other words, from Marketforce alone, I was able to make an average of $143 per month of income, plus $299 worth of free food each month. 

That also doesn’t include all of the free food I received from my other secret shopping websites, mainly Bestmark, A-Closer-Look, and various other smaller secret shopping websites I use. When you add those secret shopping companies into the mix, I was likely getting $400 to $500 worth of free food each month. It’s not necessarily the healthiest way to eat, but I can’t resist getting free food.

There’s far more that goes into secret shopping than I can write about here, but it’s something that you should seriously consider if you want an interesting way to reduce your food expenses. You don’t have to do it as often as I do it, but even a few free meals a month can be good for your finances and give you some free nights out too.

For more information, check out the below posts I wrote about secret shopping and how it works.

  • Restaurant Secret Shopper Jobs – A Strategy To Eat For Free And Hack Your Food Expenses
  • 6 Best Secret Shopper Apps To Eat For Free In 2023 

 

ReceiptPal/Receipt Hog/Fetch/CoinOut/Amazon Shopper Panel Income: $25.50

Amazon Shopper Panel paid me $12.75 in November and the same in December. For the year, I ended up making $137.95 from Amazon Shopper Panel. All it required me to do was take pictures of 10 receipts each month. That’s easy money that adds up over the course of a year.  

 

Medium Income: $0.11

I still generate tiny amounts of passive income from the few articles that I wrote on Medium a year ago. If I wanted to, I could probably dedicate a lot of time to Medium and make some decent money, but my time is better suited working on this blog, instead of starting over on a new site where I technically wouldn’t really own my content.

If I were a new blogger that just wanted to write interesting content and could churn out at least 5 posts a week, I’d do that. But at this point, it makes more sense for me to write SEO content on this blog and earn “passive income” from the ad revenue and traffic.

 

And that concludes the November and December 2022 Side Hustle Reports!  

November and December both worked out well. My main goal has always been to make at least $1,000 per month from gig economy apps, so it’s nice that I was able to hit that mark even despite the fact I didn’t spend much time working the past two months. It goes to show that if I can do this, even with a busy family life, most people probably can do the same. 

For 2022, I ended up making $16,360.63 from my various side hustles. Most of that income came from Rover and the food delivery apps (DoorDash, Uber Eats, and Grubhub). The rest came from the various smaller side hustles I do, such as secret shopping, IVueIt, and ProductTube. 

Bringing in over $16,000 is very good. When you combine it with my blog income, I’m making more than I did at my last full-time job and even as much as I made when I was working as a government lawyer. I’d make more if I stuck to biglaw, but there’s no way I’d trade the time and control I have over my life now for the money I’d make working at a big law firm. 

Anyway, I hope you found this interesting. I’ve got more posts I plan to get out there this year, so stick around. And if there’s anything you want to learn more about, please let me know and I’ll see what I can put together.

This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

More Recommended Ebike/Scooters

Check out these other ebikes and scooters I've reviewed:

  • Urban Arrow Ebike – Last year, I made one of the largest purchases I’ve ever made – I bought a $9,000 electric cargo bike from Urban Arrow. In my Urban Arrow review, I will discuss what it is and why I decided to buy this bike, as well as discuss how impactful a bike like this can be on your journey to financial independence.
  • Troxus Explorer Step-Thru Ebike – The Troxus Explorer Step-Thru is a fat-tire ebike that I’ve had the pleasure of riding for a while now. It has amazing power, great looks, and awesome range. If you’re looking for a great fat-tire ebike that offers a lot for the price, the Troxus Explorer Step-Thru is definitely one for you to consider. Check out my Troxus Explorer Step-Thru Review.
  • Hovsco HovBeta Ebike – The HovBeta is a folding ebike with great specs and a lot of interesting features, and importantly, it’s sold at a good price point. I’ve had a blast commuting with it and using it to do deliveries with DoorDash, Uber Eats, and Grubhub. Check out my Hovsco HovBeta Ebike Review.
  • Vanpowers Manidae Ebike – The Vanpowers Manidae is a fat tire ebike that I’ve been riding as my primary winter commuting bike and have also been using it to do food delivery with apps like DoorDash, Uber Eats, and Grubhub. After clocking in a decent number of miles with this ebike, I wanted to write a post sharing what my experience with the Vanpowers Manidae ebike has been like. Check out my Vanpowers Manidae Review.
  • Sohamo S3 Step-Thru Folding EBike Review – A Great Value Folding Ebike – The Sohamo S3 Step-Thru Folding Ebike is an entry-level folding ebike that offers a lot of value for the price point. I’ve been riding the Sohamo S3 for a while now, putting the bike through its paces, and I have to say, this bike has exceeded all of my expectations. Check out my Sohamo Review.
  • KBO Flip Ebike – The KBO Flip is an excellent bike. I’ve had a great time riding it and think it’s a versatile bike that can be used for a lot of purposes and can fit a variety of lifestyles. It’s worked out great for me as a general commuter bike and as a food delivery bike. Check out my KBO Flip Review.
  • Hiboy P7 Commuter Ebike – The Hiboy P7 is an excellent electric commuter bike that’s offered at an affordable price point. The range and speed of this bike are both very good, so you won’t have any trouble getting anywhere you need to go with it. As a food delivery vehicle, this is also good – with how much range it offers, you’ll be able to work all day on a single charge. Check out my Hiboy P7 Commuter Electric Bike Review.
  • Himiway Escape Ebike – The Himiway Escape is an interesting bike for anyone looking for a moped-style ebike. If you’re a gig economy worker, the Himiway Escape is particularly interesting and it’s possible to think of it as an investment, especially if you can opt to do deliveries with the Himiway versus using a car. It’s not cheap, but you can definitely make your money back when you compare the mileage you’ll put on your car versus using an ebike. Check out my Himiway Escape Bike Review.
  • Espin Sport Ebike – The Espin Sport is a good ebike for someone who is looking for an ebike that feels and rides more like a regular bike. There are many ebikes that are really only bikes in name. In reality, they’re basically electric mopeds. The Espin Sport, by contrast, is a bike you could probably ride without the battery and you’d feel like you’re just riding a regular bike. Check out my Espin Sport Review.
  • Varla Eagle One Scooter – The Varla Eagle One is an excellent scooter that can make sense for a lot of people. It can work as a primary mode of transportation. You can use it to work on gig economy apps like DoorDash, Uber Eats, and Grubhub. And it can also be a recreational vehicle if you’d prefer to use it for that. Check out my Varla Eagle One Review.
  • Varla Falcon Scooter – The Varla Falcon is an excellent scooter that offers a good amount of power at a lower price point compared to more powerful scooters. It’s not exactly an entry-level scooter, nor is it a high-powered scooter. I think it fits somewhere in-between those two categories – an intermediate scooter if I had to give it a category. Check out my Varla Falcon Review.
  • Hiboy S2 Scooter – The Hiboy S2 is an excellent entry-level commuter scooter that's perfect for someone looking to save some money in transportation costs and improve their commute. Check out my Hiboy S2 Review.
  • Hiboy S2R Scooter – The Hiboy S2R is one of the more interesting electric scooters I’ve been able to test out. It’s not a high-powered scooter, but for an everyday transport option, it’s very useful, especially given some of the unique features that it has. Indeed, for the price, the Hiboy S2R might be the best value scooter I’ve used. Check out my Hiboy S2R Review.
  • Fucare H3 Scooter – The Fucare H3 is a fun scooter and I’ve enjoyed testing it out. For a daily commuter or quick trips or errands, the Fucare H3 is probably the scooter I’ll use. It’s portable and easy to maneuver, so it’s just easier to take on the road when I need it. Check out my Fucare H3 Scooter Review.

More Recommended Investing App Bonuses

For additional investing app bonuses, be sure to check out the ones below:

  • M1 Finance ($100) – This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. You also get $100 for opening an account. Check out my M1 Finance Referral Bonus – Step-By-Step Guide.
  • SoFi Invest ($25) – SoFi Invest is an easy brokerage account bonus that you can earn with just a few minutes of work. Use my SoFi Invest referral link, fund your SoFi Invest brokerage account with just $10 and you’ll get $25 of free stock. I also have a step-by-step guide for the SoFi Invest referral bonus.
  • Webull (20 free stock shares) – Webull's current promotion gives you 20 free shares valued between $3-$3,000 each if you open an account using my referral link. Here’s a guide I wrote about how to earn your free shares using Webull.
  • Moomoo (15 free stocks) – Moomoo is a free investing app currently offering 2 different referral bonuses if you open an account using a referral link. Read my Moomoo referral bonus guide for more information.
  • Robinhood (1 free stock) – Robinhood gives you a free stock valued between $2.50-$225 if you open an account using my referral link.
  • Public (1 free stock) - Public gives you a free stock valued between $3-$70 if you open an account using my referral link.

More Recommended Bank Account Bonuses

If you’re looking for more easy bank bonuses, check out the below options. These bonuses are all easy to earn and have no fees or minimum balance requirements to worry about.

  • Upgrade ($200) – Upgrade is a free checking account that’s currently offering a $200 referral bonus if you open an account and complete a direct deposit. These bonus terms are easy to meet, so it’s well worth doing this bonus as soon as you can. Here’s a post I wrote with more details: Upgrade $200 Referral Bonus – Step By Step Directions.
  • Ally Bank ($100) – Of all the banks out there, Ally is, without a doubt, my favorite. At the moment, Ally is offering $100 to customers who open an eligible Ally account and meet the requirements. Here are the step-by-step directions to earn your Ally Bank referral bonus.
  • Fairwinds Credit Union ($175) – Fairwinds Credit Union is offering a referral bonus for users that sign up using a referral link. Fairwinds has no fees or minimum balance, so this is a particularly easy bonus to earn. Since this is a smaller credit union, my gut instinct tells me this offer won’t be around long, so if you’re in a position to meet the bonus requirements, grab this bonus before it’s gone. Here is my step-by-step guide on how to earn your Fairwinds Credit Union bonus.
  • Chime ($100) - Chime is a free bank account that offers a referral bonus if you use a referral link and complete a direct deposit of $200 or more. In practice, any ACH transfer into this account triggers the bonus. This bonus is easy to earn and posts instantly, so you’ll know if you met the requirements as soon as you move money into the account. I wrote a step-by-step guide on how to earn your Chime referral bonus that I recommend you check out.
  • US Bank Business ($900) – This is a fairly easy bank bonus to earn, since there are no direct deposit requirements. In addition, you can open the Silver Business Checking account, which comes with no monthly fees. Check out how to earn this big bonus here.
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  • Current ($50) – Current is a free fintech bank that’s offering new users a $50 referral bonus after signing up for an account using a referral link. Current is an easy bonus to earn and also gives you access to three savings accounts that pay you 4% interest on up to $2,000. That means you can put away up to $6,000 earning 4% interest. That’s very good and makes Current an account I recommend to everyone. Check out my step-by-step guide on how to earn your Current Bank bonus.
  • Novo Bank ($40) - Novo bank is a free business checking account that’s currently offering a $40 bonus if you open a Novo business checking account using a referral link. In addition to being a good bank bonus, Novo is also a good business checking account. It has no monthly fees or minimum balance requirements and operates a good app and website. Indeed, it’s the business checking account I currently use for this blog. Check out my post on how to easily open a Novo account.
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financial panther

Kevin is an attorney and the blogger behind Financial Panther, a blog about personal finance, travel hacking, and side hustling using the gig economy. He paid off $87,000 worth of student loans in just 2.5 years by choosing not to live like a big shot lawyer.

Kevin is passionate about earning money using the gig economy and you can see all the ways he makes extra income every month in his side hustle reports.

Kevin is also big on using the latest fintech apps to improve his finances. Some of Kevin's favorite fintech apps include:

  • SoFi Money. A really good checking account with absolutely no fees. You'll get a $25 referral bonus if you open a SoFi Money account with a referral link, and an additional $300 if you complete a direct deposit.
  • 5% Savings Accounts. I'm currently getting 5.24% interest on my savings through a company called Raisin. Opening a Raisin account takes minutes to complete, it's free, and all of your funds are FDIC-insured. I explain how it works, why I'm now using it to store my emergency fund and any other cash savings I have, and why I recommend everyone check it out in this review.
  • US Bank Business. US Bank is currently offering new business customers a $900 signup bonus after opening a new account and meeting certain requirements.
  • M1 Finance. This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. You also get $100 for opening an account.
  • Empower. One of best free apps you can use to monitor your portfolio and track your net worth. This is one of the apps I use to track my financial accounts.

Feel free to send Kevin a message here.

Filed Under: Side Hustle, Side Hustle Reports

Reader Interactions

Comments

  1. Steve says

    January 24, 2023 at 11:10 am

    Congratulations on your new addition to the family. I have learned about a few side hustles from your page and really enjoy ProductTube. Have you tried Survey Merchandiser app for a new side hustle?

    Reply
  2. gofi says

    January 11, 2023 at 2:59 pm

    Congrats on the new addition to the family. I’m curious how you went about getting your rental rented, and your experiences so far. I have a rental and a property management company oversees it. Six months on, I don’t quite like them. I’d like to do the whole thing myself at some point, possibly after the current lease ends.

    Reply
  3. Financial Fives says

    January 11, 2023 at 1:34 pm

    Wow, even with little ones at home and being self-employed you manage to stay active with quite a few of them! I’ve always been curious about the secret shopping, but signed up with one company a while back but they never sent out any assignments. Has your experience been better signing up for anyone particular or do you think it’s geographically affected too?

    Also, when you bought your rental was it initially a primary residence you moved from? I’ve been thinking about it but rates are even higher for investment properties. Even with higher rates prices still haven’t come down…

    Reply
    • Financial Panther says

      January 11, 2023 at 2:26 pm

      Secret shopping is definitely location specific – some places likely have fewer shops or are more competitive than others. For whatever reason, my area seems generally not too difficult to find secret shops. I will say that Marketforce you’ll probably always be able to find secret shops for a certain national burger chain. I see them anyone where I go. Getting the fine dining ones is a bit harder and you’ll need to hustle a bit more to get those shops before other people grab them.

      My rental was our primary residence before which we converted into a rental when we bought our new house. I’m a fan of turning your primary residence into a rental rather than selling if you can.

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