This couple has made over $1M upcycling furniture and flipping homes. Is 2026 the year to start your big side hustle?

Sometimes necessity is the parent of reinvention. That’s surely existent for Tyler and Lindsey Dobson, who’ve grossed implicit $1.1 cardinal successful the past 5 years by upcycling furnishings and flipping homes.

As the Dobsons shared with CNBC Make It, it each started erstwhile they started refinishing furnishings they recovered connected the thoroughfare to prevention wealth furnishing their archetypal home.

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They had a knack for seeing diamonds successful the rough, and soon started selling their upcycled pieces, pulling successful $500 a month. Then they started flipping homes.

“Every clip we decorativeness a house, particularly 1 we unrecorded in, erstwhile there’s nary projects left, we conscionable get the itch to bash it again and we permission our beautifully renovated location for a bigger fixer upper,” Lindsey told CNBC Make It (1).

Most recently, they sold their renovated location successful St. Petersburg, Florida, to bargain an historical location successful Springfield, Missouri — for cash, nary owe — and commencement fixing it up.

They’ve made capable to discontinue their erstwhile time jobs. But it’s intelligibly besides a passionateness task for the pair. They papers their house-flipping journeys connected societal media, earning respective 1000 dollars much a month.

That’s not to accidental they unrecorded similar millionaires. They made $95,000 successful 2024 from a operation of societal media content, marque deals and the merchantability of their St. Petersburg home. They enactment themselves and their girl by being frugal and surviving connected the profits of their past location sale.

House-flipping isn’t arsenic lucrative arsenic it utilized to be. According to the spot information steadfast ATTOM (2), gross profits connected flips decreased crossed the U.S. successful 2024, averaging $70,000 — hardly capable for a emblematic household to unrecorded on.

And it’s important to cognize that broadside hustles aren’t a get-rich-quick scheme. An estimated 45% of Americans person a broadside hustle, according to a Self.inc survey, but lone 10.5% of them marque much than $1,000 a period from that enactment (3).

Here’s what you request to cognize to crook your hobby into a lucrative and fulfilling broadside hustle similar the Dobsons.

Let’s accidental you’re funny successful pursuing the Dobsons’ illustration and privation to get into house-flipping. Here’s however they’ve reduced their risks.

They unrecorded successful each location they’re moving connected for astatine slightest 2 of the 5 years anterior to the merchantability date. That means they tin support much of what they gain done IRS superior gains taxation exclusions.