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In bigger cities, it will often be much more and in smaller towns, occasionally a tiny less.The appeal of Uber is that you can set your program and there's no commitment. You can perform your normal job and produce your $100 in only a few hours on a weekend or even some evenings.Buy a BusinessesAmericans spend an average of five hours watching TV daily.
Buy a Blog: Effort 3Flippa: You can also buy an existing blog that's already making money. People today sell successful blogs for all sorts 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 great to refuse.It requires some research to find a site worth buying though, kind of like choosing the ideal rental property.
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You can peruse sites available in Flippa, and some 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 more cheaply, and there arent a lot of any physical resources to deal with, and there isnt much overhead.You can find online businesses for sale on sites like BizBuySell.Buy Royalties: Attempt 2Had no idea this was a thing! Music ownership is managed via royalties.
Royalty rights are not influenced 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 hurry to trademark their childrens names since when someone is going to pimp out a infant, its gonna be Beyonce and Jay Z and not some internet nerd.There is some luck involved in choosing a good domain name to buy, but there are also methods to investigate what might be a great one.
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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 some of us, this is more difficult than it sounds. When you consent to be a silent partner, you have 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 websites such blog here as Angel Investors Network for opportunities.Rent it OutYou can make 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 home.
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: Do you live near a college campus, famous golf course, race track, or other venues check out this site in which major sporting events have been held You can rent your home out to individuals attending these events through Rent Just like a Champion.You set the price and availability of your rental.
The company supplies up to $1,000,000 in insurance policy which functions as your primary insurance policy for the time your house is rented out.The policy covers liability, structural damage, and damage to items and property. You are paid through direct deposit 5-6 business days after 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 men and women who decides to start a new hobby, then purchases 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 do use your stuff, but 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 is almost no maintenance for storage units, and they dont need the exact same amount of management as a rental property.The units are self-serve. People let themselves in and out of the units.
You can peruse storage centers available my company at LoopNet.If you dont have the money to purchase or construct a facility, you can invest in a REIT that specializes in them like Public Storage or ExtraSpace Storage Inc.Pyramid Schemes A pyramid scheme is a kind of investment in which each person involved recruits others to join.