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In larger cities, it will often be much more and in smaller cities, sometimes a little less.The appeal of Uber is that you can set your schedule and there's no commitment. You can perform your normal job and produce your own $100 in just a couple of hours on a weekend or even 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 is already making money. People sell successful blogs 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 good to refuse.It requires 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 some can be had for just a few 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.
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Royalty rights are not affected by financial markets and provide a steady flow of passive income.You can bid on royalties on your own website 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 because when someone is going to pimp out a baby, its gonna be Beyonce and Jay Z and not some internet nerd.There is some chance involved in choosing a fantastic domain name to purchase, but there are also methods to investigate what could be a great one.
You can buy domain names at Flippa. We interviewed Adam Dicker about this process.Brick and Mortar BusinessesThe right brick right here and mortar business can be a good investment, however there are much more overhead and more moving parts. Therefore much more research has to 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 consent to become a silent partner, you need to stay silent which can be difficult when its your money on the line, and you think things ought to be done differently.You can search websites such as Angel Investors Network to get opportunities.Rent it OutYou can earn 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, but there arent restrictions on renting out a space in your home.
And theyll pay you! Airbnb connects people who have space to rent to those looking for somewhere to stay. We wrote an article on the process.Rent Just Like a Champion: Do you live near a school campus, renowned golf course, race track, or other venues where significant sporting events are held You can rent your home out to individuals attending these events through Rent Just like a Champion.You place the cost and availability of other your rental.
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And even that isnt enough space for all of the things we buy, so we need more storage space. There is almost no maintenance for storage units, and they dont require the exact same amount of management as a rental property.The units are self-serve. People today allow themselves in and outside of the units.
