448: Rank and Rent: $1000 a Month From Simple Local Websites

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 per 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 Full Show Notes: Rank and Rent: $1000 a Month From Simple Local Websites