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In larger cities, it will often be much more and in smaller towns, occasionally a tiny less.The allure of Uber is you can set your schedule and there is no commitment. You can perform your regular job and make your $100 in only a few hours on a weekend or a few evenings.Buy that 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's already making money. People sell successful sites for all sorts of reasons; theyre tired of doing this, they no longer have time to get it done, its not making enough money, or your offer was too great to refuse.It takes some research to find a site worth buying though, kind of like choosing the right rental property.
You can peruse sites for sale in 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 more cheaply, and there arent a lot of any physical resources to address, and there isnt much overhead.You can find online businesses available on sites such as 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 flow 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 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 a few internet nerd.There is some luck involved in choosing a fantastic domain name to purchase, but there are also 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 correct brick and mortar business can be a good investment, however there are much more overhead and more moving parts. Therefore much more research must be done than you needed to invest in an online business.
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For a number people, this is more difficult than it sounds. When you agree to become a silent partner, you have to keep silent which can be difficult when its your money on the line, and you think things should be done differently.You can search websites 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, however there arent restrictions on renting out a space in your property.
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: Can you live near a college campus, renowned golf course, race track, or other venues in which significant sporting events are held You can rent your home out to individuals attending those 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 additional reading all the stuff we buy, so we need more storage space. There's almost no maintenance for storage units, and they dont need the same level of management as a rental property.The units are self-serve. People today allow themselves in and out of their units.
