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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 that you can set your program and there's no commitment. You can work your regular job and produce your $100 in only a couple of hours on a weekend or even a few evenings.Buy a BusinessesAmericans spend an average of five hours watching TV daily.
Purchase a Blog: Effort 3Flippa: You can also buy an existing blog that is already making money. People today sell successful blogs for a variety 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 great to refuse.It requires some research to find a blog worth buying though, kind of like choosing the ideal rental property.
You can outsource websites for sale at Flippa, and some can be had 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 much 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: Effort 2Had no idea this was a thing! Music ownership is managed via royalties.
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Royalty rights are not influenced by financial markets and provide a steady flow of passive income.You can bid on royalties on the website Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous people rush to trademark their childrens names since if someone is going to pimp a infant, its gonna be Beyonce and Jay Z and not some internet nerd.There is some chance involved in choosing a good domain name to purchase, but there are also ways to investigate what might be a great one.
You can buy domain names at Flippa. We interviewed Adam Dicker about this process.Brick and Mortar BusinessesThe right brick 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 of us, this is more difficult than it sounds. When you agree to be a silent partner, you need to keep silent which can be difficult 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 lots of things.Rent a Room: Effort 2A lot of places really are cracking down on renting out an entire More hints home or apartment, but there arent restrictions on renting out a room in your property.
And theyll pay you! Airbnb connects those with 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 significant sporting events are held You can rent your home out to individuals attending these events through Rent Like a Champion.You place the price and availability of your rental.
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And even that isnt enough room for all of the things we buy, so we need more storage space. There's almost no maintenance for storage units, and they dont need the same amount of management as a rental property.The units are self-serve. People allow themselves in and outside of their units.
