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In larger cities, it will often be much more and in smaller towns, sometimes a little less.The allure of Uber is you can set your schedule and there is no commitment. You can work your normal job and produce your own $100 in only a few hours on a weekend or 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 a variety of reasons; theyre tired of doing it, they no longer have enough 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 ideal rental property.
You can peruse sites for sale 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 much lower than purchasing a brick and mortar business. They can be had much more cheaply, and there arent a lot of any physical assets to deal with, and there isnt much overhead.You can find online businesses available 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 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 rush to trademark their childrens names because when someone is going to pimp a infant, 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 investigate what could be a great one.
You can purchase domain names at Flippa. We interviewed Adam Dicker concerning this process.Brick and Mortar BusinessesThe right brick and mortar business can more info here be a fantastic investment, but there are much more overhead and more moving parts. Therefore more research must be done than you needed to invest in an online business.
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For some people, this is harder than it sounds. When you agree to become a silent partner, you need to stay silent that can be difficult when its your money on the line, and you think things ought to be done differently.You can search sites like Angel Investors Network for opportunities.Rent it OutYou can make 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 home.
And theyll cover you! Airbnb connects those check my source with space to rent to those 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, renowned golf course, race track, or other venues in which major sporting events are held You can rent your house out to individuals attending these events through Rent Just like a Champion.You set the price and availability of your rental.
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And even that isnt enough room for all of the stuff 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 out of the units.
