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In larger towns, it will often be more and in smaller towns, sometimes a little less.The appeal of Uber is you can set your schedule and there's no commitment. You can work your regular job and produce your own $100 in just a couple of hours on a weekend or some 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 today sell successful sites for all sorts of reasons; theyre tired of doing this, they no longer have time to do it, 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 for sale at Flippa, and some can be obtained for only 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 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 for sale on websites like BizBuySell.Buy Royalties: Effort 2Had no thought that 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 provide a steady stream 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 since when someone is going to pimp out a baby, 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 methods to investigate what could 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 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 Website business.
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For some people, this is more difficult than it sounds. When you agree to become a silent partner, you have to stay silent that can be hard when its your money on the line, and you think things should be done differently.You can search websites like Angel Investors Network to get 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, but 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: Can you live near a college campus, renowned golf course, race track, or other venues in which major sporting events have been held You can rent your house out to individuals attending these events through Rent Just like a Champion.You place the cost and availability of 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'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 today let themselves in and outside of the units.
