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In larger cities, it will often be much more and in smaller cities, occasionally a little less.The allure of Uber is 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 even some evenings.Buy a BusinessesAmericans spend an average of five hours watching TV every day.
Buy a Blog: Effort 3Flippa: You can also get an existing blog that is already making money. People today sell successful sites 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 great to refuse.It requires some research to find a blog worth buying though, kind of like choosing the right rental property.
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You can peruse sites available at Flippa, and a few can be had for only 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 assets to address, and there isnt much overhead.You can find online businesses for sale on websites such as 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 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 men and women hurry to trademark their childrens names because if someone is going to pimp a baby, its gonna be Beyonce and Jay Z and not some internet nerd.There is some luck involved in choosing a fantastic domain name to buy, but there are also ways to investigate what might be a great one.
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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, but there are Discover More much more overhead and Click Here more moving parts. Therefore more research has to be done than you needed to invest in an online business.
And theyll cover you! Airbnb connects those with space to rent to people looking for somewhere to stay. We wrote an article on the process.Rent Like a Champion: Do you live near a school campus, renowned golf course, race track, or other venues where significant sporting events have been held You can rent your home out to people attending these events through Rent Like a Champion.You place the price and availability of your rental.
The company provides around $1,000,000 in insurance policy which acts as your main insurance coverage for the time your house is rented out.The policy covers liability, structural damage, and damage to items and property. You are paid through direct deposit 5-6 business days following the guests check out. The site currently has listings in 25 cities in the US.Rent Your Stuff: Effort 2Peer Renters: Are you one of those men and women who decides to start a new hobby, then buys all of the stuff you need to partake in that pastime, do it once and then recognize you despise it, and now youre stuck with this expensive shitOr maybe you do use your things, but you probably arent using it all the time.
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And even that isnt enough space for all the things we buy, so we need more storage space. There's almost no maintenance for storage units, and they dont need the same level of management as a rental property.The units are self-serve. People today allow themselves in and outside of the units.
You can peruse storage centers for sale at LoopNet.If you dont have the money to buy or build a centre, you can invest in a REIT that specializes in those such as Public Storage or ExtraSpace Storage Inc.Pyramid Schemes A pyramid scheme is a kind of investment in which every person involved recruits other people to join.