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In larger towns, it will often be more and in smaller towns, sometimes a little less.The allure of Uber is you can set your program and there's no commitment. You can work your normal job and make your own $100 in just a couple of hours on a weekend or even a few evenings.Buy a BusinessesAmericans spend an average of five hours watching TV every day.
Purchase a Blog: Effort 3Flippa: You can also buy an existing blog that is already making money. People today sell successful blogs for all sorts 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 takes some research to find a blog worth buying though, kind of like choosing the right rental property.
You can outsource websites 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 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 address, and there isnt much overhead.You can find online businesses for sale on sites 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 provide a steady stream of passive income.You can bid on royalties on your own site Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous men and women hurry to signature their childrens names because when 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 purchase, but there are also my latest blog post ways to research what might be a great 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 fantastic investment, but there are a whole lot 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 need to stay 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 for opportunities.Rent it OutYou can earn money renting out plenty of things.Rent a Room: Effort 2A lot of areas are cracking down on renting out an entire house or apartment, but there arent restrictions on renting out a room in your property.
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And theyll pay you! Airbnb connects people who have space to rent to those 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 cost and availability of your rental.
The company supplies around $1,000,000 in insurance policy which functions as your primary insurance policy for your time your house is rented out.The policy covers liability, structural damage, and damage to things 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 men and women who decides to start a new hobby, buys all the things you need to partake in that pastime, do it once and then realize you despise this, and now youre stuck with this expensive shitOr perhaps you really do use your things, however you probably arent using it all of the time.
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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 let themselves in and outside of their units.
You can peruse storage facilities available at LoopNet.If you dont have the money to buy or construct 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 kind of investment where each person involved recruits other people to join.