Why Rock Stars Are Paying Their Bills with Real Estate Side Hustles

Episode #946

Why are rock stars turning to real estate side hustles to pay their bills? During the lockdowns, many musicians, gig workers, and creatives saw their income streams dwindle. There were no shows to play, no tours to attend, festivals were canceled, and human-to-human contact was limited as much as possible. As a result, famous musicians began to become real estate agents, mortgage brokers, investors, house hackers, and everything in between to pay their bills. And guess what—it worked!

Now, touring is back on, but those whose job is pursuing their passions still need extra income to take care of their bills during slow seasons or to build wealth. That’s where Juliet Lalouel from Heavy Realty comes in. Juliet is a Colorado and Hawaii-based investor and real estate agent who helps the music and creative communities find ways to fast-track their financial freedom to keep doing what they love. But her message doesn’t just apply to musicians. Anyone who loves what they do but wants more financial stability can take these lessons to heart.

Today, we’re talking about how anyone from any background can use real estate to supplement their income, pay their bills, and help them build wealth. Juliet shares why you may make a great real estate investor/professional without even knowing it and the beginner investments that ANYONE can try to start building a strong financial fortress, even if you’re a real estate enthusiast by day and a rock star by night.

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Hear Dave and Henry On the “On the Market” Podcast:
https://link.chtbl.com/OTM
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7 Profitable Side Hustles in the Real Estate Field:
https://www.biggerpockets.com/blog/7-profitable-side-hustles-in-the-real-estate-field?utm_source=youtube&utm_medium=description&utm_campaign=none
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Rolling Stone: The Bass Player in Vixen Wants to Sell You Your Next House:
https://www.rollingstone.com/music/music-features/rock-stars-selling-houses-real-estate-1235005903/
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Connect with Juliet:
BiggerPockets: https://www.biggerpockets.com/users/julietl12?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @julietlalouel or https://www.instagram.com/julietlalouel/
Instagram: @heavyrealty or https://www.instagram.com/heavyrealty/
YouTube: https://www.youtube.com/@heavyrealty
Website: https://www.heavyrealty.com/
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Connect with Dave:
BiggerPockets: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @thedatadeli or https://www.instagram.com/thedatadeli/
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Connect with Henry:
BiggerPockets: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none
Henry: @thehenrywashington or https://www.instagram.com/thehenrywashington/

Show notes at: https://link.chtbl.com/BPRE


00:00 Intro

01:36 Anyone Can Invest

05:07 Why Musicians Make Great Investors

07:53 The Best Way to Get Started

13:40 Beginner Investments

17:57 Financing Your 1st Property

20:52 Do Your Passion Full-Time