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In larger cities, it will often be more and in smaller cities, sometimes a tiny less.The appeal of Uber is that you can set your schedule and there is no commitment. You can work your regular job and make your own $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.
Purchase a Blog: Effort 3Flippa: You can also buy an existing blog that's already making money. People today sell successful blogs for all sorts 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 blog worth buying though, kind of like choosing the right rental property.
You can outsource websites available in Flippa, and a few can be had for just a couple 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 resources to address, and there isnt much overhead.You can find online businesses available 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 supply 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 people rush to signature their childrens names since if someone is going to pimp a infant, its gonna be Beyonce and Jay Z and not a few internet nerd.There is some chance involved in choosing a good domain name to purchase, but there are also methods to research 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 be a fantastic investment, however there are a whole lot more overhead and more moving parts. Therefore 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 harder than it sounds. When you agree to be a silent partner, you have to stay silent which can be hard when its your money on the line, and you think things ought to be done differently.You can search sites such as Angel Investors Network to get opportunities.Rent it OutYou can make money renting out lots of things.Rent a Room: Effort 2A lot of areas 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 those 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 where major sporting events have been held You can rent your house out to people 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 things we buy, so we need more storage space. There's 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 let Visit Your URL themselves in and outside of the units.
