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In bigger towns, it will often be more and in smaller towns, occasionally a tiny less.The appeal of Uber is you can set your program and there's no commitment. You can perform your normal job and make your own $100 in only a few hours on a weekend or some evenings.Buy that a BusinessesAmericans spend an average of five hours watching TV daily.
Buy a Blog: Effort 3Flippa: You can also get an existing blog that's already making money. People sell successful blogs for all sorts of reasons; theyre tired of doing it, they no longer have time to get it done, 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 peruse sites available at Flippa, and a few can be obtained for just 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 assets to deal with, and there isnt much overhead.You can find online businesses for sale on websites such as BizBuySell.Buy Royalties: Attempt 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 stream 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 signature their childrens names since when someone is going to pimp a infant, its gonna be Beyonce and Jay Z and not a few internet nerd.There is some chance involved in choosing a fantastic domain name to buy, but there are also ways to research what could be a great one.
You can buy 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, but 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 of us, 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, find and you think things ought to be done differently.You can search sites such as Angel Investors Network for opportunities.Rent it OutYou can make money renting out plenty of things.Rent a Room: Effort 2A lot of places really are cracking down on renting out an entire home or apartment, however there arent restrictions on renting out a space in your property.
And theyll cover you! Airbnb connects people who have space to rent to those looking for somewhere to stay. We wrote an article on the process.Rent Like a Champion: Do you live near a school campus, famous golf course, race track, or other venues where More Bonuses 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 up to $1,000,000 in insurance coverage which acts as your main insurance coverage for your time your house is rented out.The policy covers liability, structural damage, and damage to things and property. You are 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 Materials: Effort 2Peer Renters: Are you one of those men and women who makes the decision to start a new hobby, purchases all of the things you need to partake in that pastime, do it once and then realize you despise it, and now youre stuck with all 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 room for all the things 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 let themselves in and outside of the units.
You can peruse storage facilities for sale in LoopNet.If you dont have the money to purchase 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 kind of investment where every person involved recruits others to join.