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In larger cities, it will often be much more and in smaller towns, sometimes a little less.The allure of Uber is that you can set your schedule and there is no commitment. You can work your normal job and produce your $100 in only a few hours on a weekend or a few evenings.Buy that a BusinessesAmericans spend an average of five hours watching TV daily.
Buy a Blog: Effort 3Flippa: You can also get an existing blog that is already making money. People sell successful blogs for a variety of reasons; theyre tired of doing this, 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 blog worth buying though, kind of like choosing the ideal rental property.
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You can outsource websites available at Flippa, and some can be obtained 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 assets to address, and there isnt much overhead.You can find online businesses for sale on websites like BizBuySell.Buy Royalties: Effort 2Had no idea this was a thing! Music ownership is managed via royalties.
Royalty rights are not affected by financial markets and supply 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 hurry to signature their childrens names since when someone is going to pimp out a baby, 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 methods to research what could be a good one.
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You can buy domain names at Flippa. We interviewed Adam Dicker about this process.Brick and Mortar BusinessesThe correct brick and mortar business can be a good investment, however there are a whole lot more overhead and more moving parts. Therefore more research must be done than you needed to invest in an online business.
And theyll pay you! Airbnb connects people who have space to rent to people looking for somewhere 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 individuals attending these events through Rent Just like a Champion.You place the cost and availability of your rental.
The company supplies up to $1,000,000 in insurance policy which acts as your primary insurance coverage for the time your home is rented out.The policy covers liability, structural damage, and harm 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 Materials: Effort 2Peer Renters: Are you one of those people who makes the decision to start a new hobby, buys all the stuff you need to partake in that pastime, do it once and then realize you despise this, and now useful reference youre stuck with this expensive shitOr perhaps you do use your stuff, however you probably arent using it all of the time.
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And even that isnt enough room for all of the stuff we buy, so we need more storage space. There is almost no maintenance for storage units, and they dont need the exact same amount of management as a rental property.The units are self-serve. People today let themselves in and out of the units.
You can peruse storage facilities available at LoopNet.If you dont have the money to buy or build a facility, you can invest in a REIT that specializes in those such as Public Storage or ExtraSpace Storage Inc.Pyramid Schemes you can try these out A pyramid scheme is a kind of investment where every person involved recruits others to join.