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In bigger cities, it will often be more and in smaller towns, occasionally a little less.The allure of Uber is you can set your schedule and there's no commitment. You can work your normal job and make your $100 in just a few hours on a weekend or even a few evenings.Buy that a BusinessesAmericans spend an average of five hours watching TV daily.
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 it, they no longer have enough time to do it, its not making enough money, or your offer was too great to refuse.It takes some research to find a blog worth buying though, kind of like choosing the right rental property.
You can outsource websites for sale in Flippa, and some can be obtained for only a couple 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 assets to address, and there isnt much overhead.You can find online businesses available on websites such as BizBuySell.Buy Royalties: Attempt 2Had no idea this was a thing! Music ownership is managed via royalties.
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Royalty rights are not affected by financial markets and supply a steady stream of passive income.You can bid on royalties on your own 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 because when someone is going to pimp out a infant, its gonna be Beyonce and Jay Z and not some internet nerd.There is some chance involved in choosing a good domain name to buy, but there are also ways to investigate what might be a great one.
You can buy domain names at Flippa. We interviewed Adam Dicker about this process.Brick and Mortar BusinessesThe correct brick and mortar business can be a good investment, however there are much more overhead and more moving parts. Therefore much more research has to be done than you needed to invest in an online business.
For some people, this is more difficult than it sounds. When you agree to be a silent partner, you need to stay silent which can be difficult when its your money on the line, and you think things should be done differently.You can search sites like Angel Investors Network to get opportunities.Rent it OutYou can make money renting out why not look here lots of things.Rent a Room: Effort 2A lot of places really are cracking down on renting out an entire home 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 those looking for somewhere to stay. We wrote an article on the process.Rent Like a Champion: Can you live near a college campus, click renowned golf course, race track, or other venues in which major sporting events have been held You can rent your house out to people attending those events through Rent Just like a Champion.You set the cost and availability of your rental.
The company supplies around $1,000,000 in insurance policy which functions as your main insurance coverage for the time your home is rented out.The policy covers liability, structural damage, and damage to items and property. You're paid through direct deposit 5-6 business days after the guests check out. The site currently has listings in 25 cities in the US.Rent Your Stuff: Effort 2Peer Renters: Are you one of those people who decides to start a new hobby, then click resources purchases all of the things you need to partake in that pastime, do it once and then realize you hate it, and now youre stuck with all this expensive shitOr perhaps you really do use your things, but you probably arent using it all of the time.
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And even that isnt enough room for all the stuff we buy, so we need more storage space. There's almost no maintenance for storage units, and they dont require the same level of management as a rental property.The units are self-serve. People let themselves in and out of their units.
You can peruse storage facilities available in LoopNet.If you dont have the money to purchase or construct a centre, you can invest in a REIT that specializes in them like Public Storage or ExtraSpace Storage Inc.Pyramid Schemes. A pyramid scheme is a kind of investment where each person involved recruits others to join.