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In larger cities, it will often be much more and in smaller cities, sometimes a little less.The appeal of Uber is that you can set your schedule and there is no commitment. You can work your regular job and make your $100 in just a few hours on a weekend or some evenings.Buy that a BusinessesAmericans spend an average of five hours watching TV every day.
Purchase a Blog: Effort 3Flippa: You can also get an existing blog that's already making money. People today sell successful sites for a variety of reasons; theyre tired of doing this, they no longer have time to do it, its not making enough money, or your offer was too good to refuse.It requires some research to find a site worth buying though, kind of like choosing the ideal rental property.
You can outsource websites available in Flippa, and a few can be obtained for just a few dollars.Buy an Existing Business: Effort 3The barrier to buying an online business is much lower than purchasing a brick and mortar business. They can be had much more cheaply, and there arent a lot of any physical resources to address, and there isnt much overhead.You can find online businesses available on sites such as BizBuySell.Buy Royalties: Effort 2Had no idea this was a thing! Music ownership is managed via royalties.
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Royalty rights are not influenced by financial markets and supply a steady stream of passive income.You can bid on royalties on the website Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous men and women rush to signature their childrens names since when someone is going to pimp a infant, its gonna be Beyonce and Jay Z and not a few internet nerd.There is some luck involved in choosing a fantastic domain name to buy, but there are also methods to investigate what could be a great one.
You can buy domain names at Flippa. We interviewed Adam Dicker concerning this process.Brick and Mortar BusinessesThe correct brick and mortar business can be a good investment, but there are a whole lot more overhead and more moving parts. Therefore much more research must be done than you needed to invest in an online business.
For some people, this is harder than it sounds. When you agree to be a silent partner, you need to keep silent that can be difficult when its your money on the line, and you think things ought to be done differently.You can search sites like Angel Investors Network to get opportunities.Rent it OutYou can make money renting out plenty of things.Rent a Room: Effort 2A lot of places really are cracking down on renting out an entire house or apartment, but there arent restrictions on renting out a space in your home.
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And theyll pay you! Airbnb connects people who have space to rent to people looking for a place to stay. We wrote an article on you can try here the process.Rent Like a Champion: Can you live near a school campus, famous golf course, race track, or other venues in which major sporting events have been held You can rent your home out to individuals attending these events through Rent Just like a Champion.You set the cost and availability of your rental.
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And even that isnt enough space for all of the stuff we buy, so we need more storage space. There's almost no maintenance for storage units, and they dont require the exact same level of management as a rental property.The units are self-serve. Folks let themselves in and outside of the units.
You can peruse storage facilities available at LoopNet.If you dont have the money to purchase or build a centre, you can invest in a REIT that specializes in them such as Public Storage or ExtraSpace Storage Inc.Pyramid Schemes. A pyramid scheme is a form of investment in which every person involved recruits others to join.