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In larger towns, it will often be much more and in smaller towns, occasionally a little less.The allure of Uber is that you can set your program and there's no commitment. You can work your normal job and produce your $100 in only a few hours on a weekend or even some 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's already making money. People sell successful sites for a variety 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 blog worth buying though, kind of like choosing the right rental property.
You can peruse sites 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 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 by means of 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 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 if someone is going to pimp out 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 purchase, but there are also ways to investigate what could be a good one.
You can purchase 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, however 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 some people, this is more difficult than it sounds. When you agree to become a silent partner, you have to keep silent which can be hard when its your money on the line, and 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 plenty of things.Rent a Room: Effort 2A lot of places really are cracking down on renting out an entire home or apartment, but there arent restrictions on renting out a space in your property.
And theyll cover 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 Just Like a Champion: Do you live near a school campus, renowned 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 Like a Champion.You place the price and availability of your rental.
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And even that isnt enough room for all of the things we buy, so we need more storage space. There is almost no maintenance for storage units, and they dont need the exact same amount of management as a rental property.The units are self-serve. People allow themselves in and out of their units.