This morning before coming into the office I read about a Blackburn couple who were riding out the cost-of-living crisis thanks to a home (from home) business they started by accident.
This business is now paying them an extra £60,000 a year.
What is the business?
Eleanor Sinclair-Murray and Andy Murray (not that Andy Murray) make money by renting out their three camper vans.
In 2019, the couple bought a second hand Citroen Relay van with the intention of converting it into a camper van to use for holidays.
It took five months to convert it into a stunning home on wheels.
Once finished, the couple then decided to list it on the Camplify platform and try renting it out to holiday makers for £100 per night.
They had no problem finding people willing to rent their van and have not looked back.
They have since bought two more vans and now rent all three out to people wanting to enjoy a nomadic holiday here in the UK.
They got the idea after seeing videos online of other couples converting vans into stunning homes on wheels.
The venture is certainly paying off.
I want to say that with the current cost-of-living crisis, more and more people will be forced to holiday here in the UK, but at £100 per night, I doubt that those who can afford to hire the vans are those who are struggling.
Flights from the UK may have gone up since the pandemic, but cheapish flights and holidays abroad can still be found.
£100 could still pay for a flight and a night or two in the sun.
However…
There will be a lot of people who are forced to enjoy a ‘staycation’ or two and cannot afford to go abroad.
They most certainly won’t be able to afford £100 per night to stay in a hotel room on wheels.
Is there a way that you could capitalise on this growing market?
Do you have some land which you could rent pitches out to campers, caravans and camper vans?
Do you have a spare outbuilding that could be converted into a self-catering AirBnB apartment?
Do you have any land where you can build one or two sheds with beds and market them as exclusive glamping pods?
Obviously, this is the UK, there are rules and regulations to follow and you probably can’t simply drop a couple of yurts in a field and charge people to stay in them.
I’m certain you will need some permissions from the local council first.
But putting rules, regulations and permissions aside, there are ways to make money using the things you own which other people could enjoy.
Reading the article this morning about the couple who rented out their camper van, I saw a comment from a reader who said: ‘I have a campervan and the thought of anyone else using it horrifies me’…
That one comment highlights the difference between those who succeed at making money and those who don’t…
Scroll down to carry on reading…
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Those who do make money are courageous. They take risks, they give things a go and they detach themselves from the things they use.
Those who are attached to the things they own are too afraid to try. They are afraid that they will lose something or it will get damaged.
Yes, it could happen, it is possible that things get stolen, lost or damaged, but taking those risks will more often than not give you back more than what you lose.
You have to manage the risks as best as you can before you make a start.
You make sure that you have a back-up plan and you minimise the risks as best as you can.
I’m sure the camper van couple have all the right insurances and they only hire them out to people who have been adequately checked and have left contact and card details to cover any problems should they arise.
Without courage, there is no progression. When you are afraid to try something new and go forward in life, you stay exactly where you are.
Stuck and stagnating.
It’s not nice to lose your possessions or your money. It can be scary when you are risking the things you often need to make your life enjoyable and comfortable, but if you don’t, you have no idea how good life could be.
You should never risk what you cannot afford though.
If you have a mortgage and energy bills valuing £1,000 to pay and you only have £1,000 to your name, it would be foolish to risk that money.
But if you have a spare £1,000 sitting in a bank gathering dust and being eroded by inflation and taxes, then would it not make more sense to use it to make more money?
As long as you are careful and don’t go rushing in to something without learning what to do first, the risks can be low.
Kate Davis keeps her risks low by carefully selecting when to make a trade by observing the movement of the markets.
Because of this careful selection process, she is able to make between £750 – £1,725 each month.
I don’t know about you, but I think that is worth the risk, don’t you?
How much interest does your bank pay you over the year?
I once heard a seasoned professional trader telling a person who was considering trading, that he’d ‘rather have his money in a trading account than a bank’.
I think that says all you need to know.
Since starting trading during lockdown, Kate has made well over £20,000 in TAX FREE profits.
You don’t get that playing it safe keeping your money in a bank.
Also… Kate makes this money in the morning before going to work.
She normally makes the money while doing her morning workout, hence why she is called ‘The Treadmill Trader’.
Kate wanted to share her success with others and so she approached us here at Streetwise and asked if we could publish her manual which outlines in great detail everything she does each morning that bags her an extra £750 – £1,725 each month.
That is £750 – £1,725 EXTRA each and every month which is also TAX FREE!
If you would like Kate to show you everything she does leaving no stone unturned, click the link below:
Kate Davis’ Treadmill Trader
Kind regards
John Harrison
PS… This really is one of those ‘teaching a man to fish’ systems. Once you know what to do, you can pull money out of the markets each and every month for years to come.
And remember, it’s TAX FREE!
Here’s that link again: