50-year-old's backyard side hustle brings in up to $8,400 a month: ‘There's definitely room for everyone to do this' [CNBC]
Lowe's Companies, Inc. (LOW)
Last lowe's companies, inc. earnings: 2/26 06:00 am
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Source: CNBC
Her side hustle requires it: She's converted 11 acres of her land, split between three properties around Asheville, North Carolina, into private dog parks. She rents out the spaces to local pet owners on an Airbnb-style platform called Sniffspot. Many Sniffspot hosts rent out their backyards . Morosani rents out parts of her 108-acre farm, where she lives and makes a majority of her personal income boarding horses. She has four dogs, and initially launched her side hustle just to connect with other nearby pet owners in November 2020, she says. Then, the side hustle started bringing in money: a monthly average of $7,100 in revenue for the first half of 2024, including $8,400 in May alone. Roughly half of those earnings are profit, Morosani says. Sniffspot takes nearly a quarter in commissions and fees , and the remainder goes toward maintaining her dog parks. DON'T MISS: The ultimate guide to earning passive income online Morosani, who dedicates six to eight hours per week to
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LOW
Earnings
- 8/20/24 - Beat
LOW
Sec Filings
- 8/29/24 - Form 10-Q
- 8/20/24 - Form 8-K
- 7/19/24 - Form S-3ASR
- LOW's page on the SEC website