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In larger cities, it will often be much more and in smaller towns, occasionally a little less.The appeal of Uber is that you can set your program and there's no commitment. You can perform your regular job and make your $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 get an existing blog that's already making money. People sell successful blogs for a variety of reasons; theyre tired of doing this, they no longer have 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.
You can outsource websites for sale at Flippa, and some can be had for only 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 deal with, and there isnt much overhead.You can find online businesses for sale on sites such as BizBuySell.Buy Royalties: Effort 2Had no thought that this was a thing! Music ownership is managed via royalties.
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Royalty rights are not influenced 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 men and women hurry to trademark their childrens names because 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 buy, 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 good investment, but 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.
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For a number people, this is harder than it sounds. When you consent to become a silent partner, you have to keep silent which can be difficult 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 for opportunities.Rent it OutYou can make money renting out plenty of things.Rent a Room: Effort 2A lot of places are cracking down on renting out an entire house or apartment, but there arent restrictions on renting out a room in your home.
And theyll pay you! Airbnb connects people who have space to rent to those looking for somewhere to stay. We wrote an article on the process.Rent Just Like a Champion: Do you live near a school campus, famous golf course, race track, or other venues where major sporting events have been held You can rent your house out to individuals attending those events through Rent Like a Champion.You place the price and availability of your rental.
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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 require the same level of management as a rental property.The units are self-serve. People today let themselves in and out of the units.
