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In bigger cities, it will often be much more and in smaller towns, occasionally a little less.The allure of Uber is you can set your program and there's no commitment. You can work your regular job and make your $100 in only a couple of 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 buy an existing blog that's already making money. People today sell successful sites for a variety of reasons; theyre tired of doing it, they no longer have enough 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 site worth buying though, kind of like choosing the ideal rental property.
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You can outsource websites available in Flippa, and a few can be obtained 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 address, and there isnt much overhead.You can find online businesses for sale on sites such as BizBuySell.Buy Royalties: Effort 2Had no thought that this was a thing! Music ownership is managed by means of royalties.
Royalty rights are not influenced by financial markets and provide a steady flow of passive income.You can bid on royalties on your own site Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous people 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 buy, but there are also methods to investigate what might be a great one.
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You can purchase 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, however there are much more overhead and more moving parts. Therefore more research has to be done than you needed to invest in an online business.
And theyll pay you! Airbnb connects those 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 significant sporting events are held You can rent your home out to people attending these events through Rent Just like a Champion.You place the price and availability of your rental.
The company provides up to $1,000,000 in insurance policy which functions as your main insurance policy for your time your home is rented out.The click here for info policy covers liability, structural damage, and damage to things and property. You are paid via direct deposit 5-6 business days following the guests check out. The website currently has listings in 25 cities in the US.Rent Your Stuff: Effort 2Peer Renters: Are you one of those people who decides to start a new hobby, purchases all of the things you need to partake in that pastime, do it once and then recognize you despise this, and now youre stuck with all this expensive shitOr maybe you 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 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 out of their units.
You can peruse storage centers available at LoopNet.If you dont have the money to purchase or build a centre, 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 form of investment in which every person involved recruits others to join.