280: How to Start a Bounce House Rental Business (Investing in "Inflatable" Real Estate)

Corey Jeffreys turned an $800 investment into $3k in the first year and has been growing his business and adding more automated processes each year. His entrepreneurial adventure began by exploring the world of real estate investing, when he happened upon a slightly different rental business model: inflatable bounce houses. Note: Click here to download Corey’s top tips for starting and growing a passive rental business from this episode. Corey started out renting a bounce house to his aunt as his first customer and doing all the labor himself, to where he is now with a virtual assistant from Upwork taking bookings and a delivery guy from Craigslist handling the delivery. This is a very different side hustle from the online businesses we see more often, but Corey managed it with a small up-front investment and it set the cogs turning with possibilities of other industries this can be applied to. Tune in to hear how Corey found his first customers, grew his business through word-of-mouth and online marketing channels, and hired help to automate his business processes and remove himself from the day-to-day operations.