The Income Streams I Plan to Build in 2021
INCOME STREAMS (ideas):

These are my best ideas and what I’ll be spending my 2021 working on building up.

Monthly Figures, December

Real Estate Sales: $0

I got my real estate license a few months ago and currently have one listing. I am working with several buyers and expect to do somewhere in the neighborhood of 3–5 transactions in 2021. Spotty income, but could be a sizable chunk of change.

2. Rental/AirBnb Income: $0

I’m looking to buy a duplex, rent out one unit and test the other half on AirBnb. My local AirBnb market has very limited supply, so this has a lot of potential. Currently searching for the right place, might work with a developer to build it.

3. YouTube: $0

I started a YouTube channel a couple months ago in the personal finance niche. It’s 2020, building an audience is Step 1 for almost every endeavor. I’m a long ways from monetization but will hopefully make the jump by mid-2021.

4. RedBubble: $0

Yes, I started a RedBubble store and will be uploading finance/investing-related products on there regularly. This is basically to test the waters but could be a very passive (though likely quite low) source of income throughout the year.

5. Flipping: $750

If you’ve seen my YouTube channel, you’ll know I’m a huge fan of this side hustle. Very high ROI and can work when I want. Definitely the least passive option on this list.

6. eBook(s): $0

Also will need an audience to build any real momentum with this one, hence the YouTube channel and now writing on Medium. Again, this is simply to test the waters and see some passive income flow as a result from my audience growing.

7. Digital Products: $0

I’m going to learn to build plug-ins or templates on Wordpress. This has a great deal of potential but will be quite time consuming and tough to get off the ground.

8. Medium: $0.86

Yes. I apologize. This was my reason for starting to write on Medium. Another way to test the waters while (hopefully) growing some sort of audience.

Total: $750.86 in December
['Lincoln Olson']
['Money', 'Personal Finance', 'Investing', '2021', 'Wealth']