Real Estate & Airbnb Elijah Bilel Real Estate & Airbnb Elijah Bilel

SHS015: How To Buy Real Estate For The Price Of A Car With Pam Hill From My Smart Cousin

Intro

Real estate is often seen as one of the best ways to build wealth—but for most people, it feels out of reach.

High prices, large down payments, and complicated strategies can make it seem like you need a lot of money just to get started.

But what if that wasn’t true?

In this episode of The Side Hustler’s Society, Elijah Bilel sits down with real estate investor Pam Hill to break down how she’s been able to acquire properties for the price of a car—and build a portfolio from there.

Intro to Pam Hill (My Smart Cousin)

  • Founder & CEO of My Smart Cousin

  • Real estate investor with 25+ properties and 30+ units

  • Specializes in acquiring low-cost properties and scaling over time

  • Started investing during the Great Recession as a side hustle

  • Former corporate executive at a major electric utility company

  • Real estate investment coach helping others buy their first (or 100th) property

👉 Website: https://mysmartcousin.com/ 

👉 Want to get started with Airbnb?


Click here to join the Side Hustler’s Society newsletter and get access to a FREE 5-part video series on how to become an Airbnb host.

Episode Overview

This episode challenges one of the biggest myths in real estate:

👉 You don’t need six figures to get started

Pam Hill explains that there are multiple entry points into real estate—from passive investing to fully hands-on ownership.

Some examples discussed include:

  • Real estate mutual funds and REITs (passive investing)

  • House hacking (renting out part of your home)

  • Buying multi-family properties

  • Fix-and-flip strategies

  • Long-term rental investing

But her core strategy stands out:

👉 Buy properties for the price of a car

That means finding deals anywhere from:

  • $2,500

  • $10,000

  • $30,000+

Then improving them and either:

  • Renting them out

  • Or selling for profit

Listen to the Episode

Check us out on Apple Podcasts or Spotify! While you’re there, hit subscribe so you don’t miss our latest episodes!

Side Hustler’s Society Resources

Side Hustle to Full-Time Strategy Session

Quick Takeaways

  • Elijah explains there are multiple ways to enter real estate at any budget level

  • Pam Hill built her portfolio by buying properties for the price of a car

  • You don’t need to invest in your local market to get started

  • Elijah Bilel emphasizes thinking like an investor—even when buying your first home

  • Low-cost properties can still generate strong cash flow

  • Patience and deal selection are critical

  • Real estate can start as a side hustle and grow into a full business

  • You can use strategies like 1031 exchanges to defer taxes

  • Many beginners limit themselves by only looking in their city

  • The key is buying right—not just buying fast

How Pam Hill Invests in Real Estate

1. Buy for the Price of a Car

Pam’s core philosophy is simple:

👉 Don’t overpay—start low

Instead of buying at the top of your budget, she recommends:

  • Looking at the lowest-priced properties first

  • Finding undervalued deals

  • Adding value through improvements

This creates:

  • Lower risk

  • Higher upside

  • Better cash flow potential

2. Think Like an Investor (Not a Consumer)

One of the biggest mindset shifts in this episode:

👉 Most people buy homes emotionally—investors buy strategically

Pam explains that instead of asking:

  • “What’s the nicest house I can afford?”

You should ask:

  • “What’s the best deal I can find?”

This applies even if you’re buying a home to live in.

3. Start Where You Can—Not Where You Live

A major gem from this episode:

👉 You don’t have to invest in your city

Pam highlights that:

  • Some markets are too expensive

  • Others still have great deals

Examples mentioned include:

  • Parts of the Midwest

  • Upstate New York

  • Smaller cities in the South

The key is being:
👉 Flexible and strategic

4. Use Real Estate as a Side Hustle First

Pam didn’t start full-time.

She:

  • Worked a corporate job

  • Invested on the side

  • Built her portfolio gradually

This is exactly what Elijah Bilel teaches:

👉 Use side hustles to build assets

5. Understand Tax Strategy (At a High Level)

The episode also touches on an advanced concept:

👉 1031 exchanges

This allows investors to:

  • Sell a property

  • Reinvest into another

  • Defer capital gains taxes

While this requires deeper research (and often professional help), it shows how:

👉 Real estate rewards long-term strategy

How This Connects to Airbnb

If this episode sparked your interest in real estate, the next step could be:

👉 Short-term rentals

Elijah has already broken this down in another episode with Myka Artis, where they cover how to:

  • Get started with Airbnb

  • Find properties

  • Generate cash flow

Click here to check that episode out!

This is a natural progression:

  • Start with real estate basics

  • Then move into higher cash-flow strategies like Airbnb

Key Lessons from the Episode

1. You Don’t Need a Lot of Money—You Need Strategy

The biggest takeaway:

👉 Deals matter more than dollars

2. Patience Beats Speed

Many beginners:

  • Rush into bad deals

  • Overpay

  • Learn the hard way

Pam’s approach:
👉 Wait for the right opportunity

3. Real Estate Is One of the Most Scalable Side Hustles

You can start with:

  • One property

And grow into:

  • A full portfolio

  • Passive income

  • Long-term wealth

Who This Episode Is For

  • Beginners interested in real estate

  • Side hustlers looking to build long-term income

  • People who think they need a lot of money to invest

  • Anyone curious about low-cost real estate strategies

Key Topics Covered

  • How Elijah Bilel approaches real estate investing

  • Pam Hill’s “price of a car” strategy

  • Passive vs active real estate investing

  • Tax strategies like 1031 exchanges

  • Transitioning from side hustle to investor

Watch The Podcast On Youtube!

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Real Estate & Airbnb Elijah Bilel Real Estate & Airbnb Elijah Bilel

SHS006: How to Make Money As An Airbnb Host With Myka Artis

Intro

Airbnb has become one of the most popular ways to build income through real estate—but there’s a big difference between doing it casually and doing it strategically.

In this episode of The Side Hustler’s Society, Elijah Bilel sits down with experienced real estate investor Myka Artis to break down how to actually make money with Airbnb.

From rental arbitrage to owning properties, this episode gives a real look at what it takes to succeed in the short-term rental space.

Intro to Myka Artis

  • Real estate investor and short-term rental expert with years of experience  

  • Founder of Sharebnb, a company managing 400+ Airbnb units

  • Co-host of the “Live Let Thrive” podcast (one of the longest-running short-term rental podcasts)

  • Built multiple income streams through both property ownership and rental arbitrage

  • Started investing in real estate after the 2008 recession using creative strategies like the “Kiddie Condo” program

  • Website: Sharebnb (www.sharebnb.com )

Episode Overview

This episode dives deep into how Airbnb really works behind the scenes—and what separates beginners from experienced operators.

Elijah opens the conversation by sharing his own experience as an Airbnb host, generating between $600–$1,000 per month per unit, while also acknowledging that with less than a year of experience, there’s still more to learn.  

That’s where Myka comes in.

Myka breaks down the fundamentals of building a successful Airbnb business, starting with one of the most important concepts:

👉 Location matters—but strategy matters more

Rather than just picking any property, Myka explains how successful hosts:

  • Identify specific markets

  • Target the right type of traveler

  • Build listings around a clear “avatar”

Elijah Bilel also highlights how this aligns with a bigger principle: every side hustle becomes more profitable when it’s intentional.

💡 Ready to Get Started with Airbnb?

If you’re serious about starting your own Airbnb business, this is your next step:

👉 Click here to create your Airbnb account and get started

Whether you’re exploring rental arbitrage or planning to own properties, taking action is what separates people who learn from people who earn.

Listen to the Episode

Check us out on Apple Podcasts or Spotify! While you’re there, hit subscribe so you don’t miss our latest episodes!

Side Hustler’s Society Resources

Side Hustle to Full-Time Strategy Session

Quick Takeaways

  • Elijah emphasizes that Airbnb can generate strong cash flow—but experience matters

  • Myka Artis highlights that location is critical, especially when targeting business travelers

  • Rental arbitrage allows you to control properties without owning them

  • Elijah Bilel explains that beginners should focus on learning before teaching

  • Knowing your “target avatar” (ideal guest) can significantly increase profitability

  • Adding unique amenities (like Tesla chargers) can help your listing stand out

  • Mid-term and long-term stays can reduce operational costs and increase stability

  • Owning properties builds long-term wealth, while arbitrage allows faster scaling

  • Pricing strategy can help filter out unwanted guests (like party bookings)

  • Airbnb success comes from systems, not just listings

How Airbnb Actually Works (Key Concepts Explained)

Rental Arbitrage

Rental arbitrage is when you:

  • Rent a property from a landlord

  • List it on Airbnb

  • Keep the profit after expenses

Myka explains that this method allows you to scale quickly without needing to purchase property upfront.  

Owning Property (Long-Term Strategy)

Owning real estate provides:

  • Equity

  • Long-term wealth

  • More control

Myka emphasizes that while arbitrage is faster, owning is the better long-term play.

Target Avatar Strategy

Your “target avatar” is your ideal guest.

Examples include:

  • Business travelers

  • Traveling nurses

  • Families

  • Construction workers

Myka explains that successful hosts design their properties around specific groups—not everyone.

Pricing Strategy to Control Guests

Elijah and Myka both discuss how pricing can:

  • Attract the right guests

  • Filter out high-risk bookings

  • Encourage longer stays

This is one of the most overlooked strategies for new hosts.

Want to Go Deeper? (Free Airbnb Training)

If you’re serious about getting started with Airbnb:

👉 Join The Side Hustler’s Society newsletter and get access to a free 5-part video series on becoming an Airbnb host

This series walks you through:

  • How to get your first property

  • Setting up your listing

  • Avoiding beginner mistakes

  • Building a profitable Airbnb system

Click here to get started!

Who This Episode Is For

  • Beginners interested in Airbnb

  • People exploring real estate as a side hustle

  • Anyone looking to generate passive income

  • Side hustlers who want to scale into larger opportunities

Key Topics Covered

  • How Elijah Bilel makes money with Airbnb

  • Rental arbitrage vs owning property

  • How Myka Artis built a short-term rental business

  • Targeting the right guests

  • Scaling an Airbnb operation

Watch The Podcast On Youtube!

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SHS001: The Origin Story – How Elijah Bilel Built Multiple Side Hustles & Full Time Income Streams

Intro

Every entrepreneur has a starting point.

For Elijah Bilel, the journey into side hustles, freelancing, and multiple income streams didn’t start with a perfect plan…

👉 It started with curiosity, frustration, and a desire for more.

In this first episode of The Side Hustler’s Society, Elijah breaks down his full origin story—from working traditional jobs to building multiple income streams through the gig economy, content creation, freelancing, and investing.

This episode sets the foundation for everything that follows.

Episode Overview

In this episode, you’ll learn:

  • How Elijah got started with entrepreneurship

  • The early businesses and jobs he worked

  • Why he left traditional employment

  • How the gig economy changed his trajectory

  • How YouTube, freelancing, and affiliate marketing became income streams

  • How Financial Anatomy and Airbnb entered the picture

  • The inspiration behind starting The Side Hustler’s Society

Listen to the Episode

Check us out on Apple Podcasts or Spotify! While you’re there, hit subscribe so you don’t miss our latest episodes!

Quick Takeaways

  • Elijah Bilel built multiple income streams before going full-time

  • Early business attempts taught control, marketing, and sales

  • The gig economy became a launchpad—not the end goal

  • YouTube, freelancing, and affiliate marketing created scalable income

  • Strategic pivots led to Financial Anatomy and Airbnb

The Beginning: Jobs, Frustration & Early Entrepreneurship

Before becoming known for side hustles and online income, Elijah’s journey started with traditional jobs:

  • Janitorial work for his aunt’s company

  • Walmart

  • Whole Foods

  • Amazon

At one point, Elijah was working around 68 hours per week…

👉 Yet only making about $35,000 per year  

That realization sparked a major shift.

The First Business: Learning Control

After trying network marketing, Elijah realized something important:

👉 He wanted control

So Elijah Bilel launched his first independent business:

👉 Asili Tiba (Indigenous Remedies)

This gave him experience with:

  • Pricing

  • Marketing

  • Selling directly to customers

The Turning Point: Leaving the 9–5

Even after getting promoted at Amazon, Elijah knew:

👉 He wasn’t reaching his full potential

So he left and went all-in on finding alternative income paths.

The Gig Economy Era Begins

Elijah revisited Uber and started with:

  • Rideshare

  • Then Uber Eats

Why?

👉 More flexibility
👉 More control
👉 More independence

The Hidden Advantage: Getting Paid to Learn

While doing Uber Eats, Elijah used his time strategically:

  • Audiobooks

  • YouTube

  • Business content

👉 He was getting paid to learn skills that would later generate income

YouTube + Affiliate Marketing Breakthrough

Elijah started a YouTube channel called The Uber Lifestyle (Later changed To The Side Hustler's Society) focused on:

👉 Uber Eats content

He monetized it through:

  • Ad revenue (~$100/month early on)

  • Referral income

Referral earnings:

👉 $500 to $2,000/month  

This was his first scalable income stream.

Freelancing with The Rideshare Guy (Major Income Boost)

After learning from Roberto Blake, Elijah reached out to Harry Campbell.

That turned into:

👉 Ongoing freelance video editing,content & channel management work

Income from this:

👉 $1,500 to $2,500 per month

This added:

  • Stability

  • Consistent cash flow

  • Professional experience

Financial Anatomy: Building a Brand

Elijah knew Uber wouldn’t last forever, so he started a new youtube channel:

👉 Financial Anatomy

At first, growth was slow…

But over time, it became a strong income stream.

Earnings from Financial Anatomy:

👉 $1,200 to $1,900 per month

This came from:

  • YouTube ad revenue

  • Financial content monetization

  • Audience growth

Stacking Income Streams (Full Picture)

At this point, Elijah had:

  • Uber Eats income

  • Referral/Affiliate income ($500–$2,000/month)

  • Freelancing ($1,500–$2,500/month)

  • Financial Anatomy ($1,200–$1,900/month)

Combined:

👉 Multiple income streams working together

This is what allowed Elijah Bilel to fully step away from traditional employment.

Entering Real Estate: Airbnb

From there, Elijah expanded into:

👉 Airbnb hosting

This introduced:

  • Asset-based income

  • Real estate strategy

  • Additional scalability

Now instead of just trading time…

👉 He was leveraging assets

Creating a Product: Becoming an Author

Elijah also created the bestselling book:

👉 The Anatomy of Financial Success

This added:

  • Authority

  • Brand positioning

  • Product-based income

The Bigger Pattern

Across every stage of Elijah’s journey:

👉 Learn → Apply → Monetize

He didn’t wait for perfect conditions.

He:

  • Took action

  • Tested opportunities

  • Built income streams

Why This Podcast Exists

The Side Hustler’s Society was created to:

👉 Help others follow a similar path

By sharing:

  • Real experiences

  • Real numbers

  • Real strategies

Key Lessons from the Episode

1. Start With What You Have

You don’t need perfect conditions

2. Learn While You Earn

Use your time to build future income

3. Stack Income Streams

Multiple sources = stability

4. Focus on Scalability

Time-based income has limits

5. Always Be Ready to Pivot

Every opportunity has a lifespan

Who This Episode Is For

  • Beginners starting their first side hustle

  • People stuck in a 9–5

  • Gig workers looking to level up

  • Entrepreneurs building multiple income streams

Key Topics Covered

  • Elijah Bilel’s origin story

  • Gig economy strategies

  • YouTube and affiliate marketing

  • Freelancing with The Rideshare Guy

  • Financial Anatomy and Airbnb

Watch The Podcast On Youtube!

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