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In larger towns, it will often be more and in smaller towns, occasionally a tiny less.The allure of Uber is that you can set your schedule and there is no commitment. You can work your regular job and produce your own $100 in only a couple of hours on a weekend or even a few 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 is already making money. People 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 takes some research to find a site worth buying though, kind of like choosing the right rental property.
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You can peruse sites for sale in Flippa, and some can be had 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 much more cheaply, and there arent a lot of any physical resources to deal with, and there isnt much overhead.You can find online businesses for sale on websites like BizBuySell.Buy Royalties: Effort 2Had no thought that this was a thing! Music ownership is managed by means of royalties.
Royalty rights are not affected by financial markets and provide a steady stream 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 men and women rush to trademark their childrens names because when someone is going to pimp out 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.
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You can purchase domain names at Flippa. We interviewed Adam Dicker about this process.Brick and Mortar BusinessesThe right 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 right here 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 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 where major sporting events have been held You can rent your home out to people attending those events through Rent Like a Champion.You set the price and availability of your rental. read what he said
The company supplies around $1,000,000 in insurance policy which acts as your primary insurance policy for your time your house is rented out.The policy covers liability, structural damage, and damage to things and property. You're paid via direct deposit 5-6 business days after 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 men and women who makes the decision to begin a new hobby, buys 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 really do use your things, however you probably arent using it all the time.
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And even that isnt enough room 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 out of the units.
You can peruse storage centers available in LoopNet.If you dont have the money to purchase or build a facility, you can invest in a REIT that specializes in them like Public Storage or ExtraSpace Storage Inc.Pyramid Schemes A pyramid scheme is a form of investment where each person involved recruits others to join.