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In larger towns, it will often be much more and in smaller cities, sometimes a little 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 own $100 in just a couple of hours on a weekend or some evenings.Buy a BusinessesAmericans spend an average of five hours watching TV every day.
Purchase a Blog: Effort 3Flippa: You can also buy an existing blog that's already making money. People today sell successful sites for all sorts 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 great 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 in Flippa, and a few can be had for only 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 for sale on websites such as BizBuySell.Buy Royalties: Attempt 2Had no thought that this was a thing! Music ownership is managed by means of royalties.
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Royalty rights are not affected by financial markets and supply a steady flow of passive income.You can bid on royalties on the site Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous people hurry to signature their childrens names because if someone is going to pimp a infant, its gonna be Beyonce and Jay Z and not some internet nerd.There is some luck involved in choosing a good domain name to purchase, but there are also ways to investigate what might be a good one.
You can buy 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 must be done than you needed to invest in an online business.
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For a number of us, this is harder than it sounds. When you agree to become 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 such as Angel Investors Network for 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 property.
And theyll cover you! Airbnb connects people who have space to rent to people looking for a place to stay. We wrote an article on the process.Rent Like a Champion: Do 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 home view it now out to individuals attending those 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 exact same level of management as a rental property.The units are self-serve. People today allow themselves in and outside Bonuses of the units.
