Manage episode 294583438 series 1324446
What if you could rent out digital real estate just as you would traditional real estate, but without all the headaches that come with maintaining a property?
That’s exactly what Luke Van Der Veer is doing with his digital “Rank and Rent” business.
I found Luke through the Side Hustle Nation Facebook group, where he shared a unique take on online business, kind of at the intersection of service businesses, SEO, and real estate.
Really taking a page out from all of those playbooks.
What Luke does is he builds a local service business website, then “rents” it out to a local, less digital-savvy business that is more than happy for the extra leads.
Luke has been doing this for several years but said it took about 6 months to replace his day job income, and 12 months to hit 6-figures.
Today he runs a portfolio of over 100 different websites using this “rank and rent” model, earning predictable recurring revenue taking up just a few hours pre week.
Tune in to The Side Hustle Show interview to learn:
- how Luke picks a niche and evaluates the competition
- how to price your service
- how to find qualified “tenants” for your digital properties