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In bigger towns, it will often be much more and in smaller towns, sometimes a little less.The appeal of Uber is you can set your schedule and there is no commitment. You can perform 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 every day.
Buy a Blog: Effort 3Flippa: You can also get an existing blog that is already making money. People today sell successful blogs for a variety of reasons; theyre tired of doing it, they no longer have time to do it, its not making enough money, or your offer was too good to refuse.It requires some research to find a site worth buying though, kind of like choosing the right rental property.
You can peruse sites for sale at 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 more cheaply, and there arent a lot of any physical assets to address, and there isnt much overhead.You can find online businesses available 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 your own website 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 chance involved in choosing a fantastic domain name to buy, but there are also methods to investigate what could be a great one.
You can purchase 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 much more overhead and more moving parts. Therefore much more research must be done than you needed to invest in an online business.
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For some people, this is harder than it sounds. When you agree to become a silent partner, you need to stay silent which can be hard when its your money on the line, and you think things ought to be done differently.You can search sites like Angel Investors Network to get opportunities.Rent it OutYou can earn money renting out lots of things.Rent a Room: Effort 2A lot of places really are cracking down on renting out an entire house or apartment, my explanation however there arent restrictions on renting out a space in your property.
And theyll pay you! Airbnb connects people who have space to rent to those looking for a place to stay. We wrote an article on the process.Rent Like a Champion: Can you live near a school campus, famous golf course, race track, or other venues where major sporting events are held You can rent your home out to people attending these 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 the stuff we buy, so we need more storage space. There's almost no maintenance for storage units, and they dont require 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.
