In short
“Rank and rent” local lead-generation websites. The host explains how Luke Vanderveer builds simple, keyword-targeted local service sites (e.g., “window washing Livermore,” “Irving TX carpet cleaning”) that rank in Google, generate calls/leads, and then are rented to local contractors who pay a flat monthly “rent” for those leads.
Guest backgrounds
Luke Vanderveer runs the rank-and-rent model; he left his day job after six months and reached six figures after 12 months. He uses call tracking (CallRail) and local SEO (citations + Google Business Profile) to deliver leads to contractors.
Key claims
Sellers on Whatnot (ad segment) earn far more than on other marketplaces due to live connections and frequent buyer bidding. For rank-and-rent, Luke claims sites can reach page-one rankings in weeks to months, typical rent is about $900–$1,000/month (often $500–$1,500; one case $3,000), and he aims for contractors to get at least 10x return.
Notable examples
IrvingTXCarpetCleaning.com (carpet cleaning, hardwood, pet stains, upholstery, tile/grout). He discusses local citations (unique descriptions to avoid duplicate-content indexing), Google Maps ranking, and a horror story where a contractor no-showed and was replaced.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOIntroduction to Rank and Rent
1:08 to 2:36
Overview of the rank and rent business model and its profitability.
“Here's an oldie but a goodie from the archives from the Side Hustle Show Greatest Hits Collection.”
Choosing the Right Niche
2:36 to 5:00
Insights into selecting a profitable niche for the rank and rent strategy.
“There's actually a lot of research that goes into it and it's trying to identify by a profitable niche.”
Analyzing Search Results
5:00 to 7:17
Discussion on analyzing search results and identifying opportunities in local services.
“So trying to target blue collar services where the entrenched competition either doesn't have a website or their digital marketing savvy may not be up to the skills that you have.”
Identifying Competitors and Content Strategy
7:17 to 8:01
Strategies for researching competitors and creating content that ranks highly.
“Anything else you're looking for in analyzing the existing search results once you're starting to kind of put a couple of these queries together?”
Building a Service-Oriented Website
8:01 to 14:01
Guidance on designing a website to effectively showcase services and improve SEO.
“Somebody drives by with a car wrap on the side of their vehicle that says some service you've never heard of.”
Building Effective Local Websites
14:01 to 17:40
Learn how to design a local service website that attracts customers.
“Yeah, that's a little bit of it because it's going to be whatever the homepage of the website is, is going to be kind of the main one that a lot of the links are going to.”
The Importance of Call Tracking
17:41 to 22:40
Understand how call tracking works and its role in lead generation.
“Just in case they need to answer with a slightly different script.”
Optimizing Local SEO for Visibility
22:41 to 24:56
Discover essential strategies for improving local SEO rankings.
“Or maybe you start with your own hometown.”
Finding Tenants for Your Local Services
27:25 to 28:00
Learn how to find qualified contractors to rent your lead generation site.
“So we've got the, you know, it's rank and rent.”
Understanding the Lead Process
28:00 to 30:20
Learn how to take and manage leads for local businesses effectively.
“And they just call up and they're like, hey, this is Irving, Texas carpet cleaning.”
Show all 28 chapters
Incentivizing Reviews for Better Ranking
30:20 to 33:19
Discover strategies to encourage contractors to generate reviews.
“They're like, well, do I need a duplicate listing?”
Calculating Value of Leads for Contractors
33:20 to 35:57
Understand how to determine the worth of leads for clients.
“Like, what do you think those leads might be worth to somebody?”
Handling Contractor Issues and Turnover
35:58 to 38:28
Learn about the challenges faced when contractors underperform.
“of a different mindset for the customer because they're seeing you and they're looking at where you're ranked and they're like, wow, these guys are number one in this entire city.”
Managing Sites After Initial Setup
38:29 to 40:45
Gain insights into the ongoing management of rental websites.
“Or do you say like, I want a six month commitment, 12 month commitment?”
Choosing the Right Tech Stack for Sites
40:46 to 42:00
Explore the best technologies for building easy-to-manage websites.
“Yeah, I mean, I know how it's going to sound, but really not, not much time, maybe a couple hours a week on like maintenance type stuff.”
Building Websites with Weebly
42:00 to 43:12
Learn about the ease of using Weebly for website creation and scaling.
“It looks like this carpet cleaning site is built on Weebly.”
Transitioning to WordPress for Growth
43:12 to 44:24
Explore the benefits of moving from Weebly to WordPress as your portfolio grows.
“So if you get to the point where maybe you've killed your job now, you've got enough of these, whatever you want to go, 20, 50, 100 sites, that's when you go to WordPress.”
Switching to Rank and Rent Model
44:24 to 45:50
Understand the shift from client SEO to owning digital real estate through rank and rent.
“But yeah, no, it's absolutely crushing it.”
Key Insights for Side Hustle Success
45:50 to 46:33
Discover essential tips for pursuing any side hustle effectively.
“I'd heard about it first years ago, but, you know, never really met anybody like, you know, in the trenches doing it.”
Finding a Niche for Your Business
46:33 to 47:25
Learn strategies for identifying and pursuing profitable service niches.
“Thanks for sharing and we'll catch up with you soon.”
Luke's Rank and Rent Update
49:47 to 50:56
Catch up with Luke on his expanded rank and rent portfolio and new strategies.
“check out their reviews online and i think you'll find the common threads in the comments about how easy it is to use, their great customer support, and the great value.”
Implementing Revenue Sharing Models
50:56 to 52:52
Explore how implementing revenue share can enhance business relationships.
“It's up and down 30 grand from that either way, depending on what happens.”
Diversifying Income through Business Acquisition
52:52 to 54:40
Learn about acquiring businesses and applying lead generation strategies.
“OK, it's higher than I would have expected.”
Leveraging Tax Benefits through Business Ownership
54:40 to 56:00
Understand how owning multiple businesses can provide tax advantages.
“So I'm just trying to combine multiple things I like and be a little bit more choosy.”
Buying and Managing Businesses for Passive Income
56:00 to 57:52
Learn how to use SEO skills to invest in and manage local businesses.
“And she's like, just buy an existing business.”
Adapting SEO Strategies Amidst New Technologies
57:52 to 59:48
Discover how to adjust SEO practices with the rise of AI and structured data.
“into more of an offline asset, almost becoming the type of customer who would have hired you for these website buildouts.”
Press Releases and AI: A Modern SEO Approach
59:48 to 1:01:54
Understand how press releases can enhance your online presence and leverage AI.
“What would be an example of a press release you're sending out?”
The Future of AI and Blue-Collar Work
1:01:54 to 1:04:27
Explore how AI is impacting different job sectors, particularly blue-collar work.
“You can't just have a completely static resource that you never touch and expect the paycheck to keep coming in.”
Transcript
Automatic transcript. May contain errors.0:00There's a side hustle that's exploding right now, and that's live selling on Whatnot. I've seen Whatnot climb to the top of the app store. I've seen the seller earnings, everything from small part-time projects to multi-million dollar businesses. Whatnot is the largest dedicated live shopping platform. Whether you're selling beauty products, collectibles, electronics, thrift store finds, luxury fashion, even food products like cookies, sellers are building real thriving businesses. So how about this? People selling on Whatnot sell 10 times more than on other major marketplaces. That's because you're not just listing products and hoping somebody finds them.
0:37You're building real connections with buyers. And those buyers, they're spending more than an hour a day in the app. They're not just browsing. They're bidding, they're buying, and they're coming back. You go live, show off your products in real time, and then turn what you love into real income. And for a limited time, Whatnot is matching your first$150 sold in the first month. Visit whatnot.com slash sell to start selling. That's W-H-A-T-N-O-T dot com slash sell. whatnot.com slash sell. Here's an oldie but a goodie from the archives from the Side Hustle Show Greatest Hits Collection. Plus, stick around at the end for the time travel segment where we catch up in real time with what Luke is up to today.
1:19What's up, what's up? Nick Loper here. Welcome to the side hustle show because building assets is what frees your future. Super unique side hustle to share today. Luke Vanderveer calls it his rank and rent business. How it works is you pick a local service niche without a ton of competition, build a generic sounding website targeting that keyword like window washing Livermore, for example. And when you get it ranking well in Google, the site starts to generate a healthy volume of leads. You find a qualified service provider to partner with to fulfill the work. then that service provider pays you a flat monthly rent for the leads that your website is generating.
1:57This is kind of similar to the drop servicing model that Anthony and Janilka Hartzog covered a couple months ago, but is potentially more scalable because you really don't have to worry about the hiring and labor side of the business. And then you can rinse and repeat in different geographic areas or even across different niches a lot faster. For Luke, it took six months to leave the day job and 12 months to reach six figures. But stick around in this one to learn the niche selection or keyword research process, how to price the service and how to find qualified quote tenants for your digital rental properties.
2:31Notes and links for this one are at sidehustlenation.com slash rank and rent. Ready? Let's do it.
2:41There's actually a lot of research that goes into it and it's trying to identify by a profitable niche. And really, I try to stay anywhere in the US. You can do this anywhere in the world. I just, I'm here. So I try to focus here, but a lot of different things go into it. First one is the niche itself. Things like lawyers, plumbers, HVAC, real estate are generally really high competition. So you want to think outside the box and try to find something that's going to be a little bit easier for you to rank in, which is why I really like the blue collar stuff. And there's other factors in there too, like competition variants.
3:15So one city, say Dallas, Texas, that might be super competitive for a certain niche. But then if you move to somewhere in New Jersey, maybe that's lower there. And then also seasonality. Pool builders, for example. I can do pool building in Florida all year round. But if I go to, say, New York, we can only do it half the year. So that kind of factors in too. And then some niches aren't even available in certain places like Hawaii. Obviously, can't do snow removal there. So a lot of different things to think about. So that's definitely one piece. Another one is also phone-driven. So it's a lot easier for us to generate leads for a business that you have to call them up to come to you, which is why I like contractors.
4:00It's very difficult to convince somebody to leave their house and enter a physical location. So that's another one. Also, licensing. If the niche requires a license, You have to find a business who will take the leads in exchange for allowing you to use their license number on your website. So I try to avoid that. Okay, so you're saying I don't want a business where a license is required? No, generally not. Unless you know somebody in that niche or the state doesn't require it. Just to protect you in case you ever get a complaint on your website or something. Also, city population. You know, generally I stick between 50 ,000 and 400 ,000.
4:41If it's lower than 50, typically not enough customer call volume to justify a good selling price for you to like rent that site out and make an income. And the higher you go, the more competitive it's usually going to be. So usually in that range, you can find some what I call low hanging fruit. So those are some of them. Still going down the checklist. There's a lot of stuff. Yeah, no, I love all this stuff. So trying to target blue collar services where the entrenched competition either doesn't have a website or their digital marketing savvy may not be up to the skills that you have. And so you might be able, your thinking is, I could get a new site to the top of the search results relatively quickly in this niche versus, you know, lawyer New York City or something like crazy competitive.
5:28Right, right. Okay. Exactly. You know, Christmas light installation, some midsize suburb, like, okay, I'm going to do a little bit better. Yeah. I mean, with the SEO skill set, chances are that you have more knowledge than 99 % of the business owners who are doing whatever that, you know, contract type work is. So if I put up a website, I'm going to be number one in somewhere between a few weeks to a few months, even if they've been sitting at the top for the last 20 years. It doesn't matter. It'll blow right by them. and then I can collect checks from this. Do you like the seasonality businesses or the seasonal businesses?
6:07I try to avoid them. I've learned my lesson just doing them enough. Like I tried snow removal, it was great, got tons of leads, made a lot of money for a few months, but what do you do for the rest of the year? Then that person doesn't pay you for seven months and then they're like, I don't know, should I do it again this year? So I'd rather have something that's just all the time so I can take their credit card, throw it on autopay and they just pay it like a bill. Gotcha, gotcha. Okay, so blue collar service, trying to go low seasonality because you're billing them like a rental agreement. Like, hey, every month we're going to send you, it's going to sit at the top of Google, plus or minus any algorithm changes you're going to get.
6:45You can expect to get these leads. And when the phone stops ringing, they're like, wait, why are we still paying this guy? So, okay, that makes sense. And then mid-sized cities, super small towns. Yeah, it's going to be easy to rank, but there might not be the call volume there to justify it and avoiding the super large metro populations. So look at them for that. And we could probably dig up a list of cities with that side, cities that might meet that criteria, cross-reference that with a list of blue-collar services, and you're kind of off to the races to start playing some competitive analysis there.
7:20Anything else you're looking for in analyzing the existing search results once you're starting to kind of put a couple of these queries together? Wikipedia has got a list of all the U.S. states and cities with population sizes. So, you know, when I started, I threw in a list, I sorted it top to bottom, like highest population down. And then I just stick within that 50 to 400K range. So that's in terms of the cities. And then for the niches, Thumbtack.com or HomeAdvisor both have, you know, tons and tons of different niches to pick from because you can hire contractors from there. So I'll just go through occasionally and look up ones I've never heard of before.
8:00And you'll see a lot of really cool ones. Or you'll just be sitting in traffic. Somebody drives by with a car wrap on the side of their vehicle that says some service you've never heard of. So I'll look it up and see how much is this worth? Are there potentially calls for this? And that's kind of like where I'm starting. But then specific to the search itself, when you're actually looking at Google, I'm going to pick whatever I think is the main keyword for that niche in that city. And there's a lot of different tools you can use to help you with this, whether you want to use like a Google AdWord planner, or there's a Chrome extension keywords everywhere.
8:36That's pretty cool. It's a paid tool now. It used to be free. There's a free one called Keyword Surfer. And just get a general idea of what a good keyword is. So like roofing, for example, not a great niche to be in. Definitely not. But just for the example, if I did like roofing New York City, I'm going to see 1 ,300 searches a month for that niche. So that's a lot of volume. So I know if I rank for that, it's going to be worth a lot of money. And then looking at the results in the maps and the organic, I want to see businesses that don't have a website in the maps. I want to see businesses with no reviews.
9:16I want to see that the businesses in the maps are different from the ones in the organic search beneath it. Because that means there might be a break in the chain there. I could probably work my way in. And I also want to see massive companies like HomeAdvisor and Thumbtack, Yelp, all in the top few results organically. Because Google prefers local businesses. So if they have national ones there, that means the local businesses in the area aren't doing a very good job and I can jump right in. Okay. That's interesting. So when you say the map results, this is like the Google, my business, you know, map that shows up for a lot of local search results and says, here are the people nearby and you can click on them.
9:56And you're saying, when you click on that listing and there's no website, that's a good sign for you. Yeah. That's a great sign because if you have a website, Google would much prefer you. Sure. So easy wins, easy wins. Okay. Yeah. As far as the service you mentioned, like roofing is not so good, but it's like in my mind, that's like, it could be$10 ,000,$20 ,000, like roofing project. I imagine those leads are worth a decent amount. Is there a sweet spot in terms of like the price of the service that would be good to go after? I don't know that there's a sweet spot in terms of the price of the service.
10:33It's just after doing this enough in different niches, you learn the problems with each one. There's always some issue. It's just what it is. For roofing, it's usually super competitive and it's really hard to get at the top and stay there. And then if you do, it's hard to find a contractor that does good work and needs the leads. Okay. So it's a lot of extra variables that you have to think about. So I'd much prefer something that's a little easier to do, like tree services, for example. That's a great one. tons of tree providers. They generally aren't as tech savvy. They're probably not going to rank super well unless it's a really big city.
11:11And you can usually find a decent provider. Okay. Tree services, stump removal, stump grinding. Okay. Start to get the gears turning a little bit on the world of possibilities here. Is there a minimum search volume in terms of what these estimator tools will throw back at you? Yeah. See, it's weird because Google gives you like estimates and numbers and stuff, but some cities, it won't show you anything, but just looking at it logically, there has to be somebody asking for those services in that area. So it's one of those things where you got to kind of take it with a grain of salt, depending on the volume and whatever.
11:48Like if I'm looking at a population size of a hundred thousand people and I type in plumber and it shows me no volume, like obviously that can't be accurate. So I'm probably just going to go for it as long as the population size is there. Okay, yeah. Everyone here has perfect pipes. Yeah, they never need any help. Right. Okay. So what comes next? So after we get that, we found a nice niche that we think we can go for. I'm going to go out and look at all the top ranking competitors and see what content they have on their websites. And this is another thing when it's kind of plays into the niche too, when I'm choosing, I'm looking for websites that, you know, if the ones ranking at the top, don't have a ton, because what I'm going to do is I'm going to take everything they talk about, and I'm going to write double whatever they have.
12:41So, you know, if the first guy's got five, six different topics, he talks about the next guy's got three or four, next guy's got a couple, I'm just going to add them all up and I'm going to expand on every single one of those on my site so that I am the hub. I want to be like the Wikipedia. Are you talking about like blog posts or just like services that they offer? Services they offer and whatever they talk about. So like, it's always easier with an example, but like if you, if you wanted to picture what you would be like, you want to be like the Wikipedia of whatever the topic is. So like if you type in Michael Jordan in Google, Wikipedia probably comes up with this first result, even ahead of Michael Jordan's website, just because it has so much information.
13:24Okay. Would it be worthwhile to look at this carpet cleaning example that you sent over? Yeah. Yeah, you could look at that one. All right. So this is IrvingTXCarpetCleaning.com, one of Luke's portfolio sites. So it's got the phone number emblazoned at the top, why you should trust Irving Carpet Cleaners. and it's mostly local business brochure style site, you know, just a couple different tabs, but a lot of the content is on this first page on the homepage rather than, you know, hiding it under a services tab or something like that. Is that part of the SEO strategy? Yeah, that's a little bit of it because it's going to be whatever the homepage of the website is, is going to be kind of the main one that a lot of the links are going to.
14:08And that's going to be the one that Google is focusing on. So I want to make sure that's no killer. And then, um, you know, it's interlaced with an additional, that content, it's got a lot of keywords and internal links that are linking into the other pages that Google sees all of it. So then we build out the service pages too, for each one of the services. So, you know, if you were kind of planning out your website design, that homepage would be a general, um, overview of what you do and maybe a little summary about each specific service you offer. And then on the inner part of the website, we're going to have a specific service page for each one of those services, you know, built out 700 to like a thousand words.
14:49And the homepage is linking to that. Okay. So under services, there's carpet cleaning, hardwood floor cleaning, pet stains and removal or odor removal, upholstery cleaning, tile and grout cleaning. Okay. So like kind of subservices that a carpet cleaner might do. Okay. Right. Right. And this was one of the first websites. So it's not exactly following what I would say now. It actually needs a little bit of a revision, but it's got the general principles in place. I was going to say, you got your Google plus link down at the bottom. So I want to remove that part. Yeah. It's been a little while since I touched this one.
15:25All right. Fair enough. But, but it's an example of just, you know, kind of a simple, straightforward website that says, here's what we do. Here's what we can help you with. Call us now for a quote. And that's kind of the main call to action that you want somebody to do. Now, what happens when I call this number? It goes to a contractor who's actually doing carpets and takes the leads. And that person pays a few hundred bucks in order to rent the site for me. So, you know, as soon as they're paying me that flat rental fee, anything that comes in from this site calls, you know, form fills, quote requests, it all goes straight to that provider.
16:01And if they don't want your business anymore, then you just route it to somebody else that you find to say, okay, who else is a qualified provider in this area? Right. Yep. I'll call up some other providers, see, you know, who needs the leads, who wants more business and route it over to them. It's a couple of clicks of the button on the backend. And then it's completely out of my hands. All the calls are recorded. They're forwarded automatically. And that's one of the reasons there's not a lot of maintenance. I don't have to do anything to make it happen once we set it up. Is that through Google Voice or some like master phone tree system?
16:37Like, cause you've got a bunch of these different sites. There's yeah. Yeah. There's lots of good ones out there. The one I use is call rail. It's, it's just basic call forwarding and it also records all the calls that come in. And I think, you know, their starter plan is like 50 bucks a month or something. It's not bad. They give you a bunch of local numbers instead of having an 800 number on there. People don't want to call that. And that's pretty much it. System takes care of itself. And does that give you reporting on the backend? Like, so you can say, hey, Mr. or Mrs. Client, you got 10 phone calls last month.
17:10How many of those did you close? Like, is this still a valuable service for you? Yep. It's got a whole dashboard that you can customize with all the details on, you know, who called, where they called from, phone number, person's name, dates, times, all the key information you'd need. And it can even run automated reports if you want stuff to go to you and something different to go to the client, whatever it may be. You could even brand it if you want to. Okay. And so on the contractor's end, they recognize that it's a call coming in from the website so they can answer Irving Carpet Cleaning versus their company name might be slightly different.
17:48Right. Yeah, exactly. One of the cool features of the call system that actually plays a huge role in making the whole process successful is that when you set up one of the call tracking phone numbers, you can choose between branding it as a number so that when a person receives the call, they can just save it and it's always going to show the tracking number. or you can have it show the customer's phone number so they don't have to go back and ask the person for it and instead include a whisper message on the call that's basically a robot voice that only the contractor hears that says, you know, this is a call from Luke or this is a call from Irving Carpets or whatever you want it to say.
18:33Oh, okay. Just in case they need to answer with a slightly different script. Right, yeah. You know, I haven't really had an issue too many times with that. I've had a couple people say, the customer is asking me why my company name is different. And my answer to that contractor was, this is essentially just the DBA. That's basically all it is. It's just another website you own. You can say that it's yours. I don't really care. We have our deal on the back end. Right. It's kind of a generic sounding local service based name. And whoever is providing it. Okay. I want to get back into the playing matchmaker, finding...
19:12clients, you know, finding contractors to, you know, to farm out these leads to in a moment. But I do want to address kind of like the local SEO, maybe the 80-20 of local SEO on, okay, so you set this website up, you, you know, fill in the content with all the services that, you know, somebody looking for carpet cleaning or fill in the blank niche would be interested in. And just by virtue of doing that, you're probably not going to be discovered in Google. So what happens next to kind of push this up onto page one? Right. So let's say you got your content launched, your website looks great. You send it out there.
19:48Now Google is going to index it. And chances are you're going to end up somewhere outside the top 10 pages. And just based on numerous studies of Google, nobody's seeing you unless you're on page one. So it's like a business card. It's essentially useless unless people see it. And people won't unless you do some other stuff. And that next piece is local citations. So this is adding your company name, address, phone number, and typically website link to other local websites and directories like Facebook, Yelp, Yellow Pages, City Search, AB Local, Super Pages, all these other websites that are already trusted in Google so that Google can say, hey, you're one of the crowd now.
20:33And it'll start trusting you more. So it gives you the boost. Okay. So it's kind of planting all these seeds where other sites allow you to punch in name, address, phone number, or area of service because you don't have a local address in Texas. You're in New York. If you don't have an address in the area, you could ask a friend, send a postcard to the friend's house. You could go get a virtual address. post office boxes used to work along with UPS boxes, not so much anymore. Google has cracked down on it a little bit, but you want some kind of local address just long enough for you to receive a postcard because that's Google's basically their entrance fee.
21:14You need to be able to receive a card there so you can prove that you can serve that area. And if you do that, you essentially establish that address as whatever that pinpoint is on the map. and that's where your ranking is going to start. So if I want to rank in Irving, Texas and I want to show up there at the top of the results, I need an address with the city of Irving. If I'm outside of it, my chances of ranking at the top of the maps are very low. Interesting. They don't necessarily love you doing this from far away or you just have to partner with somebody locally to be able to verify that address and get that Google My Business listing.
21:52Right, yeah. Yeah, like you can rank in the organic search results directly under the maps from anywhere. You don't need an address or anything. But if you really want to double that traffic and really have a lot of calls coming in, you want to spot in the maps that top three, like right when you search whatever the keyword is and the spot directly under it. Could you just send it to whoever your future contractor partner is going to be if you've got a good feeling or if you've got a good relationship with somebody who's already providing the service? You could do that. But chances are that they might already have a Google listing out there.
22:25And in my case with the rank and rent stuff, I want to own the asset completely so it's not tied to anybody. So that way, if I have an issue with whoever this contractor is, I can just say, okay, you're done and find somebody else. And it's a seamless switch. Okay, so local citations, Google My Business, jumping through a little bit of hoops there to make it work. Or maybe you start with your own hometown. Maybe you start local. That's one way around that too. Yeah, use your house. And there's a way to set it up where it's like, this is the service area that I do. So your home address doesn't show up in Google.
22:59How about anything else on the SEO front? Like building back? I mean, who's going to link to a carpet cleaning website? I don't know. What do you do for backlink building? It's one of the things a lot of the gurus and blogs will say that you have to create all this amazing content and earn the links. But honestly, if it's a lead generation website, it's not going to happen. So you got to spend a little bit more time on the citations. Like one of the key pieces is like people will outsource it. And if you do that, you're going to, you'll be asked for like a 200, 300 word description. And the provider is going to go out there and put the same exact description in every single citation, which, you know, it's great to have all these citation sources.
23:41Like you're listed in all these directories. That's awesome. But Google's duplicate content filter kicks in, and then half of those aren't going to index, which means it's not going to help you rank. So when you're doing the citations, a key piece is write a unique description for each one you do. It takes a little bit of time, but if you do it, you might not even need any links, depending on how competitive the niche is. Okay, interesting. I totally would have been the copy and paste guy. I mean, everybody does it. It's like an industry-wide thing. This is something I've noticed in the past few years.
24:11I've been watching this. Because I've launched so many sites, I can see what's happening. And less and less of the citations will index. And it's because of that filter. Google's seeing that and they're like, why do I want to index something that says the same exact thing as this other site and this other site over here? They want something unique. So if you do that, you have a significant advantage over thousands and thousands of businesses everywhere. because people are using this for tools like Yext and Bright Local and all these citation tools that are heavily promoted in the industry all do the same thing.
24:46They put a duplicate, you know, slab of text on all these different sites and that's not helping you. Okay. So spend a little bit of time, create a unique description for each. I mean, you can still have an assistant or a helper do that, but if the budget is low starting out, do that yourself. All right. We're about to get into the rent part of Rank and Rent, but I've got a couple helpful resources to share before we do. When you're a small business, the right hire can be make or break. Hoping the right people see your job posting isn't the best growth strategy. When the pressure's on and you need the right hire, this is a job for sponsored jobs.
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25:22Join the 3.3 million employers worldwide who use our sponsor Indeed to connect with quality talent that meets your specific criteria, talking skills, experience certifications or location how indeed sponsored jobs work is the booster job post in the search results so you can reach the best fit candidate to help your business thrive spend less time searching and more time actually interviewing candidates who check all your boxes less time less stress and more results when you need the right person to cut through the chaos this is a job for indeed sponsored jobs side hustle show listeners get a 75 sponsored job credit to get your job the premium status it deserves at indeed.com slash podcast.
26:04Just go to indeed.com slash podcast right now and support our show by saying you heard about Indeed on this podcast. Indeed.com slash podcast. Terms and conditions apply. Need to hire. This is a job for Indeed sponsored jobs. Spring is this natural reset point. And if you've been putting off dealing with some of the messier parts of your business, well, maybe now's the time to do a little spring cleaning. That's why today's episode is brought to you by Quo, spelled Q-U-O. This is the smarter way to upgrade and streamline your business communications. Quo is the number one rated business phone system on G2 with over 3 ,000 reviews, and it's built for how modern teams work.
26:43That's why more than 90 ,000 businesses already trust Quo for theirs. Quo works wherever you do, right from an app on your phone or computer, and it lets you keep your existing phone number. Plus, AI is built right in. Not something you need to bolt on after the fact with automatic call logging, summaries, and next steps so nothing gets lost. It can even answer the phone and qualify leads for you when nobody can take the call. Let's make this the season where no opportunity and no customer slips away. Try Quo for free plus get 20 % off your first six months when you go to Quo.com slash side hustle.
27:16That's Quo, Q-U-O.com slash side hustle. Quo. No missed calls, no missed customers. Let's move on to finding a tenant for this place. So we've got the, you know, it's rank and rent. So we've got the rank part taken care of and you can do a deep dive on local SEO. Let's talk about the rent part. So you got to find a qualified local contractor who is good at what they do, but is hopefully hungry for a little more business. Right. Right. Yeah. First thing is when calls start coming in, I have the call tracking phone number forward to me. And I'm essentially just going to pretend to be the secretary.
27:56Somebody's going to call up for whatever it is. We'll stick with our carpet cleaning example. And they just call up and they're like, hey, this is Irving, Texas carpet cleaning. And I'm like, yep, this is Luke. How can I help you? And I just take down all their info. Then they're going to tell me all their problems with their carpets, all the stuff they need. I have their phone number from the system. And I'll get an idea of where they are, if they're actually in Irving or if they're somewhere else. I'm going to take that number down and I'm basically going to say something along the lines of, all of our guys are actually out doing estimates right now.
28:27Let me do this. I'll put you in touch with one of them. I'll have them call you directly in a couple hours. And they're like, okay, great. Thanks. We hang up the phone and now I'm going to take that lead and I'm going to go find a contractor to fulfill it. How do you know who's any good? So you can do a little bit of research with Google. I'm looking through to see if they have some decent ratings. You can check Yelp. I'd say look at the Better Business Bureau, but I know those can be manipulated, so that one's hit or miss. You can pay for better ratings. But I like Google and Yelp. Look at the stars.
29:00If they're anything lower than four and a half, I'm probably not even going to talk to them. I want those businesses that actually care about their customers and are going to do a good job because if they don't, it's going to get me some bad reviews on my website and then it's going to hurt my potential income from this. One of the ways to find people though is you go to Home Advisor or Thumbtack and I just fill out the form as if I'm the customer with this issue. And then at the end, when they want contact info, I just put mine. And then when that salesperson calls up from this carpet cleaning website or this carpet cleaning contractor, I'm just going to pitch them on using me instead of HomeAdvisor or Thumbtack for the leads and also give them this referral.
29:47Okay. So you can lead with value. Hey, I know you just paid on Thumbtack anyways. I know you just paid for this lead, so let me make it worth your while. But while I have you, here's the proposal that I'd like to make. Okay. Right. Yeah. Basically just you want some more these. That's all it is. It's something simple. I'm not going to try to tie them down with contracts and everything. Free leads value in advance for a few days so they can get an idea of what it's going to be like. Yeah. And they'll see the, they'll see the light. Have you ever run into the problem of like, well, you know, the companies you're finding are already well-reviewed on Google, on Yelp.
30:20They're like, well, do I need a duplicate listing? Do I need more exposure here? Like what's the, what's the appeal? Right. Yeah. It occasionally happens where we come across the business that, you know, they say we have too much or, you know, we can't handle it. And my response used to be like, that doesn't make any sense. Why wouldn't you just expand and hire more people? But some companies or some people that are running them just don't have the drive to expand. Maybe they're happy where they are. In which case, I'm just going to change tactics. I'm now going to search one of the keywords like carpet cleaning Irving.
30:52I'm going to go back, you know, 10 pages and go through all the companies there. Because I know for sure that they're not getting any calls. Okay. Yeah. If they still have, I don't know, it's like, do you need the, and that's a good question on, on your front. Like, do you need reviews for a non-existent service before you could start to rank? It seems like a weird chicken versus the egg thing. Yeah. I mean, so you'll, you'll have your, your new Google listing up, right? You're ranked now you're sitting number one in the maps, number one in the organic search and people see your business and it says no reviews.
31:25And they're like, eh, I don't know if I want to call that one. So that's going to hurt your call volume a little bit. Some people are still going to call, so it'd be okay. But what I'm usually telling the contractor is, listen, if you want to boost this even more and you want to really ramp up the calls that I'm sending you, I need you to take the next person you serve through this website and have them write a review on this Google My Business. I'll pay 50 bucks if you can get somebody to review it. And I don't care whether they do it themselves or if they want to have a friend review it or whether the person actually does some work and reviews it.
31:59I do need some kind of review on there just so people see that it's legit and that, you know, the service actually helps people. Gotcha. Because, you know, once it's in this other company's hands, once it's in the contractor's hands, their process may be to collect reviews for their own profile or their own Facebook page or something? Okay. I have to find a way to incentivize them to do it. And it's usually something I found a few different ways to do this. One would be, I will give them a discount on the rental fee for the first month if they get some reviews on there. Another one would be just to give them a business card.
32:39And on that business card, I would put a direct link to the Google My business profile and a, you know, a free contest run, run something like, you know, we'll give away a$200 gift card to somebody out of anybody who leaves a review. So then you have them give that out to everybody. Okay. And then, you know, you just pick somebody and give, you know, the prize away for one of the people who left a review and we've had a good success with that. Okay. So, you know, after you get somebody, Hey, here's, here's the pitch, you know, we're expecting, you know, based on this search volume, and maybe you ran it for the first month where the calls came to you, like, hey, if this month was typical, we expect five to 10 calls every month.
33:19And then just name a price. Like, what do you think those leads might be worth to somebody? Yeah. So I do a little bit of research on that ahead of time too. So generally when I enter a market and a certain niche, I'm going to look at what the average job is worth in that area. So, So I was just looking at this one. So plumbing in Albany, New York, average job is$365. And that's data provided directly from HomeAdvisor. So that's a multimillion dollar company. I know they've done their research and that number is legit. So now if this website is getting 30, 40 calls, I could just multiply the number of calls by the average job.
33:56I have the potential value that I'm sending. And then I just have to factor in how many this contractor is going to close. so in my conversation with them i'm asking them you know how many people are you going to close if i send you say 10 calls and 90 of the time they're going to tell me oh 80 90 yeah and then i'm going to push back on them and say give me the real number of people you're going to close because this is i need that information and then they'll be like oh okay fine like 40 50 okay and And that'll kind of let me come up with a general pricing guideline. Okay, fair enough. Across your portfolio, is there an average monthly rent for these sites?
34:39Yeah, it's around$1 ,000 a month. Somewhere between$900 and$1 ,000. A lot of the, if it's really, really low-hanging fruit, like super easy ones, and kind of a low-ticket item, they're usually going for like$500,$600. bucks. If it's a little bit higher ticket than 1 ,000, 1 ,500. And I have one guy that pays three grand. It just depends on how valuable that service is. It's really interesting. You can see how it wouldn't take too many of these to really make it, make it a full-time run at it, make a full-time income out of it. It's just fascinating why somebody would rent the site from you versus like building it on their own because you make it sound like, well, it's not that complicated to to do it or maybe it makes sense where it's like okay we can double dip our exposure versus i don't know it's just a weird it's a weird one where it's like i just run run google ads yourself or something like if you're really concerned with getting more leads it's weird like no we're gonna write this guy a check for a thousand bucks a month and we're just gonna get these leads book the business and we're not gonna worry about it yeah it's because you know like the ads and stuff or organic is always preferable because ads, people are being bothered, right?
35:50Somebody might need it maybe. So they'll call it right away, but ads are usually a bother and it's harder to close those people. The leads generally are lower quality, but if it's coming organic, it's kind of a different mindset for the customer because they're seeing you and they're looking at where you're ranked and they're like, wow, these guys are number one in this entire city. It must be for a reason. They just see where you're sitting and they're like, wow, they must be the best. So they call you. Sometimes they don't even question the price. So you can generally cherry pick the leads you want and price however you'd like, as long as it's within reason, if you're able to secure that top spot.
36:29What happens when the service provider that you've partnered with has a change in management, has a change in processes, all of a sudden they're not delivering the quality of work that you would like and maybe you get a bad review or just something like it's just not working out anymore. Like what's, I'm just curious about any horror stories, worst case scenario type of stuff. It depends on, you know, if the person is one, if it's something that can be fixed and you can keep them around, or if it's something where you're just like, okay, this person's got to go. You know, I had one of these recently.
37:03I have a restaurant cleaning service in Minneapolis, Minnesota. We were sending it to this guy for a few days just to basically trial it out. We probably would end up charging him around 500 bucks a month. On day three of free leads, customer called up. They're like, hey, we need you to clean it. And he's like, great, I'll be there tomorrow, 10 a.m. 10 a.m. rolls around, person never comes. Guy calls back the next day. And of course, I have all the recordings just listening to all this. and the guy's like, hey, you know, it's 1030, nobody's here. And the contractor that I was sending the leads to was just like, yeah, I'm not really interested in that and just hung up.
37:44And I listened to the call. I have a partner on some of these sites. I listened to the call. He calls me up and he's like, dude, you got to hear this one. And I was just playing it and I was like, why would you ever tell a customer that? That's your income. That's your livelihood. It doesn't make sense. So that was an instant like, dude, you're done. I just, I called them up. I'm like, I heard the last call with the customer. That's it. We're done. And then we just had to find somebody else. Yeah. It happens occasionally. There's nothing you could really do about that. You try to do your due diligence upfront, but people present a great front.
38:23You just got to test it out, see how it goes for a little bit. Yeah. Are most of these month to month? Or do you say like, I want a six month commitment, 12 month commitment? I do monthly. I know a lot of other people in the industry do six months, 12 months. But what I've found is that if you're doing a good job of providing leads, which if your site's at the top, it's just going to keep bringing them in. People generally don't leave as long as you're priced decently. I'm aiming for my contractor that I'm sending leads to to get a minimum 10x return. So if I'm charging them 500 bucks, I'm bringing them at least five grand in business, usually way more.
39:01So that way it's a no brainer to keep me around. Yeah. Yeah. That makes sense. Make it easy for them. Make it money that they're happy to spend and keep spending. Right. Yeah. Cause then it's less stuff for me to do too. I don't have to keep looking for new contractors. I can just leave that one and move on. I just want to rinse and repeat the process and get another 20 sites out there instead of trying to get that extra 200 bucks for this site. Yeah. How long does somebody typically stay with you? Or I mean, you've been doing it since 2016-ish. Like if you had clients from the very beginning, or is there some turnover here, just like, you know, a regular apartment or rental house is going to have turnover?
39:39Since the beginning, when I first started, I have not, I've lost one contractor, a single one. He ruined my stats. I had a hundred percent rate until that guy ruined it. He basically like, It was a liquidation company he partnered with. Well, he essentially got acquired by a larger company. And that company just had no interest in continuing with lead generation. They were going a different direction. So we lost that person. I had to find somebody else. But it wasn't a big deal because it took us a week to replace it. And then I still have that income. Okay. So I've lost one person. It's just you got to choose people up front.
40:17Finding the right person is, you might go through a few just trialing out leads and trying to see who's going to work out. But once they start paying you, it's pretty much game over from there. That's really interesting. They're in it for the long haul. They're saying, hey, keep them coming. What kind of time does it take to manage after this initial content creation and local citations and this initial contractor outreach? It sounds like as long as the rankings hold, it's pretty hands off from there. But like you do anything to, you know, maintenance wise SEO, or if somehow you drop off the first page, like, oh, the call volume dropped, you know, how are you dealing with that to try and bump it back up?
40:56Yeah, I mean, I know how it's going to sound, but really not, not much time, maybe a couple hours a week on like maintenance type stuff. I might go in and make an edit to a site based on something a contractor wants to do. Or, you know, maybe I update a theme because the, you know, the plugins expiring or something. That's about it. In terms of ranking the site, once it gets there, it generally stays if you do the work correctly the first time. On the occasional time where there's an issue, you might have to do some more links to try to push your site up a little higher. Or worst case scenario, maybe your Google My Business page goes down.
41:35I had that happen for one of the first sites I started. I have a vehicle wraps website in Phoenix. Population's 1.6 million people. I was number one, number one. Now I'm still number one in organic, but my map listing disappeared because Google didn't like how I set it up, which occasionally it happens, but it's not a big deal because I can just go find another virtual office, send another postcard, and I'll be up and running again in a week. Okay. It looks like this carpet cleaning site is built on Weebly. Is that your go-to tech stack just for the site structure? For beginner, I would say definitely for ease of use, you know, Wix or Weebly.
42:18I personally like Weebly. It's super easy. Drag and drop everything. You know, you want to add a title to the page, you click on title, drag it over to the page. You want to add paragraph, you click on the little paragraph icon, drag it to the page. It couldn't be easier for a person who knows, you know, almost zero code like me. So, you know, the first bunch of sites were that. I built one, built it out how I wanted it. and then it has a cool feature where you can duplicate the entire structure of the website. So if you want to build, you know, nine more, the next nine are going to be really fast.
42:50You just duplicate the site and paste in new content. Gotcha. That's a, that is a handy feature. And I imagine there's WordPress plugins or something that will do the same thing like across different builders, but yeah, it saves you some, saves you some copying and pasting. Yeah, that's the, that's the easy route. So if you're a newbie, Weebly is a great one. If you're a little bit more advanced. You want to go the WordPress route. So that's the way to go if you really want to scale. So if you get to the point where maybe you've killed your job now, you've got enough of these, whatever you want to go, 20, 50, 100 sites, that's when you go to WordPress.
43:22You build out... I paid somebody to do it. I took a virtual assistant from the Philippines. I gave them my website and I said, I want you to recreate this with a free theme and then export it as a file so that every time I want to open a new site, I could just import it load the whole thing paste in content and go And I just trained va how to do it all for me. Luke. This is uh, fascinating stuff You know people are starting to do the math saying well, you got a portfolio of uh, a hundred of these things Averaging a thousand bucks a month in rent What motivates you to keep building keep growing?
43:54I imagine it's like a pretty nice. Uh, I mean Even beyond just a lifestyle business is a pretty substantial operation here. What's what's going on for the rest of this year? What does the future hold? So I will say, just for clarity purposes,$100 ,000 a month is a lot of money. It's not that high. 30 % of the sites are rented out. 70 % are in the ranking process. Somewhere page one, like bottom toward, or like page two, working my way up. So all of those aren't rented out, because of course, some of them I built this year. So it's taking me time. A few of them went up last week. But yeah, no, it's absolutely crushing it.
44:31So you don't need a job when you get a bunch of these going. Going forward, I actually, I used to do client SEO. I used to work, I learned the skill set, and then I started working on other people's sites. And I just did not like being in contact with a client all the time because they were always complaining, like asking me to make changes, sending reports. And it was just taking up a lot of my time, which is why I switched to this model where I essentially own this digital real estate and I just rented out to a tenant. But a lot of those clients also at the time were always asking me, how do I do this?
45:04Essentially, teach me how to do what you're doing so I don't have to pay you. And at the time, it irritated me. But thinking about it now, I don't have them anymore. I kept in touch with all of them. They're asking the same thing. So I put up a Facebook group specifically for contractors and people who wanted to kill their job by building these rank and rent websites. And I started adding them all to it. So, I'm coming out with a course in a couple weeks, and it's going to be exactly how to do it. So, they don't have to pay a marketing company$1 ,000 a month retainer. Or, you know, if it's a normal person with a 9 to 5, just exactly how I did this.
45:41How I built the sites up and just rented it out to help those same contractors. Appreciate you dropping by, sharing your stuff. Again, really interesting, unique business here where it's like, yeah, I'm going to own this digital real estate and find people who would want to rent that out from me. I think it's genius. I'd heard about it first years ago, but, you know, never really met anybody like, you know, in the trenches doing it. So I appreciate you coming by. Luke, let's wrap this thing up with a number one tip for Side Hustle Nation. You really just got to take whatever that business is and go for it.
46:16It doesn't matter what the business is. if you think it can work and you put in the time, you can get results. With all these different things I've done, I've had some success in each one. You can do it if you push for it. You just got to go for it. Take the leap. It's so true. Thanks for sharing and we'll catch up with you soon. Appreciate the time, Nick. Thanks.
46:41This one definitely got my gears turning as a really interesting and unique side hustle that's a win-win-win. It's businesses getting more jobs, customers are hopefully connecting with great service providers, and you're getting paid too. Now, if it were me, I'd probably start local or semi-local. I just feel like that might be easier to build relationships with service providers. You could use a keyword research tool to punch in all of the different service categories from Thumbtack or another site, and then in combination with the name of your city or town to see what the estimated search volume looks like, what the relative competitiveness looks like, and then also thinking about what the average job might cost in those service categories.
47:24It honestly sounds like kind of a fun puzzle or challenge, but let me know what you think. If you give this one a shot, I'd love to hear from you. Once again, notes and links from this episode along with the full text summary are at sidehustlenation.com slash rank and rent. You can learn more and also apply for a strategy call with Luke at website rentalcoaching.com slash SHN for Side Hustle Nation, website rentalcoaching.com slash SHN. Now let me get the time machine fired up and we'll be right back to check in here with Luke in 2026. So last month, it was time to replace the air filter in the car, which is about the level of vehicle maintenance I'm qualified to do.
48:06So I google up the part number, I find this random store that is selling it, and then to my absolute delight, I see that they're running on Shopify. How could I tell? That little purple shop pay button at checkout. It meant not having to create yet another new account. It meant not having to find my wallet. I am paid and checked out in just a couple clicks. You already know that our sponsor, Shopify, is the commerce platform behind millions of businesses around the world, including that car parts website and dozens of side hustle show guests and you probably already know about the built-in store templates and marketing tools that make it easy to get your store online and get found but what you might not know is that shopify can also help manage your inventory ship products internationally and even handle customer returns on top of that you've got access to their award-winning 24 7 customer support if you have any trouble so let's see less carts go abandoned and more sales going with shopify and their shop pay button sign up for your $1 per month trial today at shopify.com slash side hustle.
49:03That's shopify.com slash side hustle. One more time, it's shopify.com slash side hustle. Running a business is hard. If it were easy, everybody would be doing it right. You've got a to do list a mile long and you got a dozen different hats to wear. So here's a resource to help lighten your load. I'm excited to partner with Gusto for this episode because they've been one of the most recommended services by side hustle show guests gusto is the easy affordable online payroll hr and benefits tool for modern small businesses in fact they help over 400 000 businesses like yours take the pain out of tasks like payroll tax filing direct deposit health insurance administration 401k benefits onboarding tools and lots more of course i encourage you to do your own due diligence check out their reviews online and i think you'll find the common threads in the comments about how easy it is to use, their great customer support, and the great value.
49:55So here's the deal. To help you get started or to make the switch, Side Hustle Show listeners can try Gusto today at gusto.com slash side hustle, and you'll get three months free when you run your first payroll. That's three months of free payroll at gusto.com slash side hustle. One more time, that's gusto, G-U-S-T-O dot com slash side hustle. Luke, welcome back to the Side Hustle Show. Catch us up. It's been five years. What's going on with the rank and rent portfolio these days? Oh, man. Things are great, Nick. Happy to be back on. The portfolio is much larger than it was before. And we've got AI in here and lots of very cool stuff going on.
50:37So excited to talk about it. How many sites are you running these days? 230 sites, 80 % rented, averages about 185 grand a month, depending on what happens with the commission and rev share deals. Rev share is new. So I started doing that and that's had quite a dramatic impact, which is nice. 180 grand a month. Yeah. It averages. It's all over. It's up and down 30 grand from that either way, depending on what happens. That is crazy. That's a pretty serious operation. Tell me about the rev share thing. So I think previously we talked about, look, it's just going to be a flat fee. It's going to be a thousand bucks a month to rent out the site.
51:16I hadn't really thought about this. And then I was on Bradley Headman Dropping Bombs and we were talking about it afterwards. He's like, yeah, we do a lot of rev share. So I came back and I started going to the clients that were paying like larger flat fees. And I talked to them about doing rev share. And I've started pitching it to all new people. Anytime it was like a bigger niche. So something like demolition or like a high ticket emergency plumbing, things that were just more expensive. and I was basically pitching it as I would like access to the CRM to be able to see like read only to be able to see what you're bringing in.
51:48And, you know, this will be on me, right? I have skin in the game now if I'm taking a percentage. So I have all incentive to push this as much as possible and make you a lot more money. So that pitch has kind of been going better because they're like, OK, they don't have that much risk because it's on me to generate. Instead of a flat fee, it's now performance-based. So you can see that being more amenable. But of course, you come out ahead if it works, because now if they book a couple hundred grand worth of jobs. It still works out. I have one person that was getting pissed off at the rev share because they're like, dude, you're making so much money.
52:26And I'm like, yeah, but you're making the most. I'm like, you wouldn't have any of this if I wasn't doing this. So it's created some interesting conversations with clients. I switched one person to just a higher flat fee. Like flip them to RevShare, then flip them back. But it's still working out in my favor and students' favors. So the RevShare thing was huge. Really cool. Definitely. What's the typical like percentage wise? 10, 15 percent, depending on what it is. OK, it's higher than I would have expected. I don't know how much margin is in some of these higher ticket services, but that's a good chunk.
52:58But it's one of those things I'm negotiating. I'm always pitching a little bit higher. And then I'm just like, I don't. Part of the thing that's helping is I don't need it. And so if they don't want it, I'm like, all right, that's fine. I can just do it with somebody else. So just pitch somebody else. Yeah, this is affiliate marketing just on a really high touch, localized scale with an affiliate program. You're going to have to go cut the deal yourself. You're not going to find it off the shelf at Impact or Commission Junction or anything like that. You're going to have to make these deals and think of it from the buyer's perspective here, the contractor's perspective of like, well, what's my cost of acquisition?
53:35would I be willing to pay 10 % to Alouk to not have to worry about my marketing, to have somebody else take care of lead gen and still hopefully make a good income after completing the jobs? Right. Yeah, that's exactly what it is. I think it's the rapport building and some of the stuff with, you know, talking to people and trying to establish that up front, that's still the same. People still just want to know that you can connect. Has anything changed on the niches that you like? You mentioned some of these higher ticket services like demolition and emergency plumbing. Anything else been kind of cropping up lately for either you or your students?
54:10Not necessarily changing a ton with the niches, just a little bit more selective in what I pick and trying to find higher level uses of the skill set. Like in 2023, I bought an ice cream catering company and I was like, oh, I could apply lead gen to this. So now I'm like looking for things that I can apply lead gen to so that I could just make more money on other things that interest me. I'm in the middle of underwriting for a paving company that I'm going to buy. That's another one. I can just spin up some SEO for it. I can get some map listings going and that'll crush. So I'm just trying to combine multiple things I like and be a little bit more choosy.
54:45You're out scooping ice cream on the weekends now? Ice cream. So yeah, I bought a company, 52 trucks, three states. Gave my brother half the company to run it. So I'm not involved. I'm just doing lead gen for it. I just paid for it. the lead gen skill set, the same skill set applies. So I can use that to grow it, brings in more stuff. And yeah, just trucks driving around selling like, you know, overpriced ice cream to kids, crushing it for me. Come summer, you're like, cha-ching, okay. Dude, yeah, buy those screwballs, you know? Yeah, this is an interesting one because it's like, to you, the asset may be undervalued.
55:24If I'm bringing in kind of this complementary skill set, maybe they're not really taking advantage of digital marketing or online real estate in the way that you know you could. And you could say, well, I can pay this multiple, but I know if I apply steps one, two, and three within six to 12 months, it's going to be worth X. So cashflow in the meantime, plus, you know, this equity multiple as you can expand the value there. Yeah, it's huge. And I didn't really realize that I was just having a conversation with my CPA and I was like, how do I not pay taxes? And she laughed and she's like, legally?
55:58And I was I was like, yes, legally. And she goes, buy a business. And I was like, what do you mean? And she's like, just buy an existing business. So she like recommended me to go to the seminar. I like learned this. And a few months later, I own a business. And then I'm just like buying more and now using this to do that. So it's like just another thing I'm kind of adding because I really like that you could apply the SEO skill set to it. You just pick something where I don't have. How does that help you on your taxes, though? Well, yeah. So it'll help one year and then you got to buy another one to keep using depreciation.
56:27so like the the hard assets the trucks the furniture the equipment ff and e uh furniture fixtures and equipment you use that to depreciate against your active income and then you could do a cost segregation on the land to also help go against your income but then every year you would it's it we're essentially just delaying this because then the next year you'll just make more money two businesses now you got to do this again so i'm in the loop now but i'm cool that it's it's great everything's going good so far all right so far so good there was the ice cream one what was the second one you said uh paving company okay ice cream was one of a similar structure where the existing ownership is going to stay on or you find another operator yeah so the the ice cream i'm running out of brothers so the the ice cream was 50 i gave to my brother to run it so i can keep me passive the paving one i'm gonna have to hire somebody to to run it so i don't have to so i'll be in there for a couple weeks kind of learn what he's doing hand it off to somebody and then back out to do my lead gen.
57:26And then that person will do it. Just owner since the start, 40 years in business. He's got a whole team in place. So I shouldn't have to do much. That's the dream anyways. I don't know how often that works out. We'll see. We'll see. I've done a lot of due diligence trying to do it. There was a lot of stuff we missed on the first company because obviously I'd never bought a business before. So you always learn things trial by fire. Got it. So it sounds like parlaying some of the online cash flow into more of an offline asset, almost becoming the type of customer who would have hired you for these website buildouts.
58:00Yeah. Yeah. Combining it. And a tax strategy at some point. So anything that has changed in the world of rank and rent? We've had a couple of your proteges, a couple of your students on in between our episodes, but what's going on there in terms of either the SEO side of things or Google business profiles? Like what do you see? Yeah, I see a lot of stuff. I know there's a lot of hype about AI and taking away search and so forth. Google's still got 90 % of the market share, so that's good. But across lead gen sites and things, people still want to talk to a person. So that's not really having much of an impact on our blue collar stuff.
58:40And then if we want to take advantage of it, we're using a lot of structured data. So changing the way that we're doing headers and things to be more question-based, like who do we serve? And just changing everything into a question and then writing the paragraph under it. And we try to get like a direct answer right away and then go into the detail below the answer. Lots of schema. Okay. So schema is a fancy word for this structured data to tell Google that this is a frequently asked question rather than just straight text on the page. And so it can kind of index it somewhat differently and hopefully serve that up to somebody who's looking for that exact thing.
59:18Right. Yeah. So a lot of that, the frequently asked questions is super helpful in just making sure the structure is correct when you're setting it up. If you're using something like Elementor and WordPress, it's just a drag and drop. So you'll have the questions as like H2s and then a little paragraph below it. and just doing that has helped a lot more websites appear in those AI overviews. And you could also manipulate what appears in the AI overview with press releases like you used to do in the old days. What would be an example of a press release you're sending out? Just like who's the best ice cream company in state, and then you write a whole article about how your company is the best company in the state, and then it goes out and you'll notice that chat GPT starts picking up.
1:00:06You're the best ice cream company in the state because you've appeared in so many places. So it's like taking us back to like 2000s when we're like manipulating things to move things up in the search engine. Even if it's like a completely self-serving press release, it's not like you got an award for being the best ice cream. It's just like, we're going to raise our hand and say, we're the best ice cream. No, but I've seen it work. I've seen it work, which was really funny. And it just, yeah, it just gave me a laugh. Yeah, that is what a time to be alive. We've seen the interesting thing is if you can get your company to show up in the search results.
1:00:40And it's when we did a whole episode on ranking in AI and the guest mentioned press releases there as well. But the conversion rate from that, she said, was like 10 to 15 times higher than Google. Like the inherent trust that people are putting into some of these AI answers, notwithstanding how easily manipulated they are or may be at the moment. It was kind of crazy. It was really eye-opening to see how much maintenance is required for this portfolio of 200 plus sites as things go stale and links break and content needs updating. It sounds like a full-time job. To compensate for the slightly increased maintenance level, I have moved one of the VAs to full-time going in and kind of fine-tuning things for our new AI future here.
1:01:26So using our new stuff, like using Manus and Claude to write better content and insert more topical relevance and put in landmarks and other things to make content better. They're going back through old sites and making those more robust so that it kind of further secures my spot, generates more leads, kind of protects the future, safeguards a little bit. Right. Because if you're the competition isn't standing still, right? You can't just have a completely static resource that you never touch and expect the paycheck to keep coming in. Right. Well, what's next for you? What's got you excited these days?
1:02:03I'm pumped to do a few things. I mean, one, with my students, I've changed a lot of things and I'm bringing out, I have a friend who's an AI engineer by trade. He's worked at some really big companies like Coinbase, Amazon, Google, all these things. And we've been developing tools that can automate portions of the process so he just created a tool that does all the niche research for me that we'll be releasing to our members soon which is cool so it'll go and it'll take me all of the biggest piece of the pie or one of the first building block yeah for for all the profitability and figuring it out so it's like taking all of my example sites that are doing well funneling in all the stuff that didn't work all the stuff that is work all the mistakes i've ever made.
1:02:49All that's in there. And then it's looking at all these different data sources to pull in just intelligence on like, why is this market good? Why is this one we should do? Why or why not? And it'll give you all the reasons, like, here's your level of risk. Here's all the reasons it would make sense. And like how much money it would cost and the average price of the job. And this market's a good one because it has X number of companies that you could reach out to. and here's how fragmented the market is. These people are paying for ads. These people aren't. Like it'll give you everything. So I know going in that my chance of success is this number on a scale, which is awesome.
1:03:30And then once we get in, he's also developing another tool. This one's taking a little bit longer, but we're in the middle of it to just take it from you punch in the niche you want and it spits out the completed site following my exact process end to end. Yeah, that'd be really cool. That's sick. It's still cool. I wish it was already done so I could just show you this live. But we're just in the middle of it now. Well, coming soon. Coming soon. We'll be sure to link that up. Or if you check out website, rentalcoaching.com slash SHN, you'll be able to see what Luke is up to over there. Again, appreciate you stopping by.
1:04:08Any other parting words of guidance here for this time travel catch-up segment? Where AI is going. Blue-collar work appears to be the thing that will be the last to be disrupted, right? White-collar stuff where we're sitting in front of a computer, typing things in, that's something that can be erased with AI. But if you can create some kind of income on the side to protect yourself, there's one way to prepare. And the other one is to learn some of these AI tools. If you think of, like, distribution in math, math class, if anybody remembers this, or stats, there's, like, that bell curve. And I'm thinking about it from like an adoption perspective.
1:04:46There's the people who are like, I'm never going to use AI. There's people who are like, I want to know everything that's coming out. And then there's everybody in the middle. If you could shift yourself closer to the, all right, AI is coming, whether we like it or not, let's try to figure it out. You're going to be in a better position to at least know how to use some of these things so that you're not the person that gets removed when AI is replacing a job. Well, this is such an interesting place to play. I'm going to use these AI tools to support these blue collar, un-AI-able businesses, the driveways, the demolitions, the pavers, the roofers and stuff.
1:05:19It's like, OK, that's unlikely to get outsourced, but maybe some of their marketing may be. And if I could position myself to use some of the AI tools to improve their marketing, maybe I can keep myself safe from that. So it's a fascinating, fascinating world to live in. um listener bonus for this one uh 50 potential rank and rent niches to kickstart your research process you can download that for free at the show notes for this episode just hit the link in the episode description it'll get you right over there big thanks to luke for sharing his insight thanks again to our sponsors for helping make this content free for everyone side hustle nation.com slash deals is where to go to find all the latest offers from our sponsors in one place that is it for me.
1:06:01Thank you so much for tuning in. Until next time, let's go out there and make something happen. And I'll catch you in the next edition of the Side Hustle Show. Hustle on.
From the publisher
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.
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 pre week.
Tune in to episode 448 of 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
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