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In bigger cities, it will often be much more and in smaller cities, sometimes a little less.The allure of Uber is that you can set your program and there is no commitment. You can perform your normal job and produce your $100 in just a few 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 a variety 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 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 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 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 by means of 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 men and women rush to signature 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 good 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 about this process.Brick and Mortar BusinessesThe correct brick and mortar business can be a good 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 people, this is harder than it sounds. When you consent to be a silent partner, you need to stay silent which 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 my company earn money renting out plenty 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 home.
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And theyll cover 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, famous golf course, race track, or other venues in which major sporting events have been held You can rent your home out to individuals attending those events through Rent Just like a Champion.You place the price and availability of your rental.
The company supplies around $1,000,000 in insurance coverage which acts as your primary insurance policy for the time your house is rented out.The policy covers liability, structural damage, and harm to things and property. You're paid via 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 makes the decision to start a new hobby, then buys all the stuff you need to partake in that pastime, do it once and then recognize you despise it, and now youre stuck with all this expensive shitOr perhaps you really do use have a peek at these guys your stuff, click however you probably arent using it all 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's almost no maintenance for storage units, and they dont require the exact same level of management as a rental property.The units are self-serve. People allow themselves in and out of their units.
You can peruse storage centers for sale at LoopNet.If you dont have the money to buy or 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 in which each person involved recruits other people to join.