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Buy a Blog: Effort 3Flippa: You can also get an existing blog that is already making money. People today sell successful blogs for all sorts of reasons; theyre tired of doing this, they no longer have enough time to get it done, its not making enough money, or your offer was too good to refuse.It requires some research to find a blog worth buying though, kind of like choosing the right rental property.
You can outsource websites for sale in Flippa, and some can be obtained for only 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 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 websites like BizBuySell.Buy Royalties: Attempt 2Had no idea this was a thing! Music ownership is managed via royalties.
Royalty rights are not influenced by financial markets and supply a steady stream 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 people rush to signature their childrens names because if someone is going to pimp out a infant, its gonna be Beyonce and Jay Z and not a few internet nerd.There is some chance involved in choosing a fantastic domain name to purchase, but there are also methods to research what could be a good 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 more research has to be done than you needed to invest in an online business.
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For some of us, this is more difficult than it sounds. When you agree to be a silent partner, you have to stay silent which can be hard when its your money on the line, find out here and you think things should be done differently.You can search sites such as Angel Investors Network to get opportunities.Rent it OutYou can earn money renting out plenty of things.Rent a Room: Effort 2A lot of places 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 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: Can you live near a college campus, famous golf course, race track, or other venues where significant sporting events have been held You can rent your home out to people attending those events through Rent Just like a Champion.You place the price and availability of your rental.
The company supplies around $1,000,000 in insurance policy which functions as your primary insurance policy for your time your house is rented out.The policy covers liability, structural damage, and harm to items and property. You're paid through direct deposit 5-6 business days following the guests check out. The site currently has listings in 25 cities in the US.Rent Your Stuff: Effort 2Peer Renters: Are you one of those men and women who decides to begin a new hobby, then buys all of the stuff you need to partake in that pastime, do it once and then realize you despise it, and now youre stuck with all this expensive shitOr perhaps you do use your things, however you probably arent using it all the time.
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And even that isnt enough space for all of the things we buy, so we need more storage space. There's 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. Folks let themselves in and outside of the units.
You can peruse storage centers available in LoopNet.If you dont have the money to purchase or build a centre, you can invest in a REIT that specializes in those such as Public Storage or ExtraSpace Storage Inc.Pyramid SchemesA pyramid scheme is a kind of investment where each person involved recruits others to join.
Herbalife and Amway call themselves multi-level marketing companies but both have been accused of being pyramid schemes.There are a lot of lazy people who dont want to find real jobs but want to pretend to have a career. These are the kinds of people that you can recruit for your very own pyramid scheme.
There are a great deal of fat people that want to be thin but who dont want to eat less and move more, so some kind of magical weight loss product such as a shake or a body wrap are two good ideas.Make all kinds of crazy claims about your product, together with regulatory agencies gutted, whos going to prevent you This shake will help you lose ten pounds overnight! This wrap will eliminate cellulite in just 2 weeks!It helps if you are good looking, fit, and also magnetic.