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In larger cities, it will often be much more and in smaller cities, sometimes a little less.The appeal of Uber is that you can set your program and there is no commitment. You can work your regular job and make your $100 in only a couple of hours on a weekend or even some evenings.Buy that a BusinessesAmericans spend an average of five hours watching TV every day.
Purchase a Blog: Effort 3Flippa: You can also get an existing blog that's already making money. People sell successful blogs for all sorts of reasons; theyre tired of doing it, 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.
You can peruse sites for sale at Flippa, and a few can be obtained 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 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 such as BizBuySell.Buy Royalties: Attempt 2Had no idea this was a thing! Music ownership is managed via royalties.
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Royalty rights are not affected by financial markets and supply 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 hurry to trademark their childrens names since if someone is going to pimp 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 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 fantastic 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.
For a number of us, this is harder than it sounds. When you consent to become a silent partner, you have to keep silent that can be hard when its your money on the line, and my sources you think things should be done differently.You can search websites such as Angel Investors Network to get opportunities.Rent it OutYou can make money renting out lots of things.Rent a Room: Effort 2A lot of places are cracking down on renting out an entire home or apartment, however there arent restrictions on renting out a space in your home.
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And theyll cover you! Airbnb connects people who have space to rent to those looking for somewhere to stay. We wrote an article on the process.Rent Like a Champion: Can you live near a college campus, renowned golf course, race track, or other venues where significant sporting events are held You can rent your home out to individuals attending those 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 space for all the stuff we buy, so we need more storage space. There is almost no maintenance for storage units, and they dont require the exact same level of management as a rental property.The units are self-serve. People let themselves in and out of their units.
You can peruse storage centers for sale at LoopNet.If you dont have the money to purchase or construct 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 form of investment in which each person involved recruits others to join.