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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 program and there is no commitment. You can work your regular job and make your $100 in just a few hours on a weekend or a few evenings.Buy a BusinessesAmericans spend an average of five hours watching TV every day.
Buy a Blog: Effort 3Flippa: You can also buy an existing blog that is already making money. People sell successful blogs for a variety of reasons; theyre tired of doing this, they no longer have enough time to get it done, its not making enough money, or your offer was too good to refuse.It takes some research to find a blog worth buying though, kind of like choosing the right rental property.
You can peruse sites available at Flippa, and some can be had 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 resources to address, and there isnt much overhead.You can find online businesses for sale on sites like 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 people hurry to signature their childrens names because when someone is going to pimp out 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 ways to investigate what might be a good one.
You can buy domain names at Flippa. We interviewed Adam Dicker about this process.Brick and Mortar BusinessesThe right look here brick and mortar business can be a fantastic investment, but there are much more overhead and more moving parts. Therefore more research has to be done than you needed to invest in an online business.
For a number people, this is harder than it sounds. When you agree to be a silent partner, you have to stay silent that 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 earn money renting out lots of things.Rent a Room: Effort 2A lot of places are cracking down on renting out an entire home or apartment, however there arent restrictions on renting out a room in your property.
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And theyll pay you! Airbnb connects those with space to rent to people looking for a place to stay. We wrote an article on the process.Rent Just Like a Champion: Do you live near a school campus, renowned golf course, race track, or other venues where major sporting events have been held You can rent your house out to individuals attending those events through Rent Like a Champion.You place the price and availability of your rental.
The company provides up to $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 harm to items and property. You are paid via direct deposit 5-6 business days following the guests check out. The website currently has listings in 25 cities in the US.Rent Your Materials: Effort 2Peer Renters: Are you one of those people who decides to begin a new hobby, then buys all the stuff you need to partake in that pastime, do it once and then recognize you hate it, and now youre stuck with this expensive shitOr maybe you really do use your stuff, however you probably arent using it all of the time.
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And even that isnt enough room for all of the stuff we buy, so we need more storage space. There is almost no maintenance for storage units, and they dont need the 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 centers for sale at LoopNet.If you dont have the money to buy or build a facility, you can invest in a REIT that specializes in those like Public Storage or ExtraSpace Storage Inc.Pyramid Schemes. A pyramid scheme is a form of investment in which each person involved recruits others to join.