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In bigger towns, it will often be more and in smaller cities, sometimes a little less.The appeal of Uber is you can set your program and there is no commitment. You can perform your regular job and produce your own $100 in only a couple of hours on a weekend or even some evenings.Buy that a BusinessesAmericans spend an average of five hours watching TV daily.
Purchase 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 time to do it, its not making enough money, or your offer was too great to refuse.It requires some research to find a site worth buying though, kind of like choosing the right rental property.
You can outsource websites for sale at Flippa, and a few can be had for just 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 resources to address, and there isnt much overhead.You can find online businesses for sale on websites 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 affected by financial markets and provide a steady flow 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 rush to trademark their childrens names because if someone is going to pimp a baby, its gonna be Beyonce and Jay Z and not some internet nerd.There is some chance involved in choosing a fantastic domain name to purchase, but there are also methods to research what could be a good 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 fantastic investment, however 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 a number of us, this is more difficult than it sounds. When you consent to be a silent partner, you have to keep silent which can be hard when its your money on the line, and you think things should be done differently.You can search sites like Angel Investors Network for opportunities.Rent it OutYou can make money renting out lots of things.Rent a navigate to these guys Room: Effort 2A lot of areas are cracking down on renting out an entire home 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 those looking for a place to stay. We wrote an article on the process.Rent Just Like a Champion: Can you live near a school campus, renowned golf course, race track, or other venues where major sporting events are held You can rent your home out to individuals attending these events through Rent Just like a Champion.You place the cost and availability of your rental.
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And even that isnt enough space for all of the things we buy, so we need more storage space. There is 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 allow themselves in and outside of the units.
You can peruse storage facilities for sale in LoopNet.If you dont have the money to buy or construct a centre, 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 other people to join.