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In bigger towns, it will often be more and in smaller cities, occasionally a tiny less.The allure of Uber is you can set your schedule and there's no commitment. You can work your regular job and make your own $100 in only a couple of hours on a weekend or 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 all sorts of reasons; theyre tired of doing it, 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 blog worth buying though, kind of like choosing the right rental property.
You can peruse sites for sale at 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 a lot 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 deal with, and there isnt much overhead.You can find online businesses for sale on websites like BizBuySell.Buy Royalties: Effort 2Had no thought that 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 the site Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous men and women rush to trademark their childrens names since if someone is going to pimp out a baby, 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 ways to investigate what could be a good one.
You can purchase domain names at Flippa. We interviewed Adam Dicker concerning this process.Brick and Mortar BusinessesThe right brick and mortar business can be a good investment, however there are much more overhead and more moving parts. check out this site Therefore more research must be done than you needed to invest in an online business.
For a number people, this is more difficult than it sounds. When you consent to become 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 websites such as Angel Investors Network for opportunities.Rent it OutYou can make money renting out lots of things.Rent a Room: Effort 2A lot of places are cracking down on renting out an entire house or apartment, however there arent restrictions on renting out a space in your property.
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And theyll cover you! Airbnb connects people who have space to rent to people looking for a place to stay. We wrote an article on the process.Rent Like a Champion: Can you live near a school campus, famous golf course, race track, or other venues in which significant sporting events have been held You can rent your home out to people 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 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 amount of management as a rental property.The units are self-serve. People allow themselves in and outside of their units.
You can peruse storage facilities available in LoopNet.If you dont have the money to buy or page construct a facility, 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 where every person involved recruits other people to join.