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In larger cities, it will often be much more and in smaller cities, occasionally a tiny less.The appeal of Uber is that you can set your schedule and there's no commitment. You can work your regular job and make your $100 in only a few hours on a weekend or some evenings.Buy a BusinessesAmericans spend an average of five hours watching TV daily.
Purchase a Blog: Effort 3Flippa: You can also buy an existing blog that's already making money. People today sell successful blogs for all sorts 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 requires 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 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 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 available on websites like 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 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 when someone is going to pimp out a baby, its gonna be Beyonce and Jay Z and not some internet nerd.There is some chance involved in choosing a good domain name to buy, but there are also ways to research what might be a good one.
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, but 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 more difficult than it sounds. When you agree to be a silent partner, you need to stay silent that can be hard when its your money on the line, and you think things should be done differently.You can search websites like Angel Investors Network for opportunities.Rent it OutYou can make money renting out lots of things.Rent a Room: Effort 2A lot of areas really are cracking down on renting out an entire home or apartment, but there arent restrictions on renting out a room in your property.
And theyll cover you! Airbnb connects people who have space to rent to people looking for somewhere to stay. We wrote an article on the process.Rent Like a Champion: Do Home Page you live near a college campus, famous golf course, race track, or other venues in which significant sporting events have been held You can rent your home out to individuals attending these events through Rent Just 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 stuff 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 let themselves in and out of the units.