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Buy a Blog: Effort 3Flippa: You can also get an existing blog that's already making money. People today sell successful sites 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 great to refuse.It takes some research to find a blog 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 few dollars.Buy an Existing Business: Effort 3The barrier to buying an online business is much lower than purchasing a brick and mortar business. They can be had 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 sites such as BizBuySell.Buy Royalties: Effort 2Had no idea this was a thing! Music ownership is managed via royalties.
Royalty rights are not influenced by financial markets and provide 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 people rush to trademark their childrens names since 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 ways to investigate what might be a great one.
You can buy 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, but there are much more overhead and more moving parts. Therefore much 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 consent to be a silent partner, you need to keep silent that can be hard when its your money on the line, and you think things ought to be done differently.You can search sites such as Angel Investors Network for opportunities.Rent it OutYou can earn money renting out lots of things.Rent a Room: Effort 2A lot of areas are cracking down on renting out an entire house or apartment, however there arent restrictions on renting out a space in your home.
And theyll cover you! Airbnb connects those with space to rent to people looking for somewhere to stay. We wrote an article on the process.Rent Like a Champion: Do you live near a college campus, famous golf course, race track, or other venues in which major sporting events have been Discover More Here held You can rent your house out to people attending these events through Rent 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 coverage for your time your house is rented out.The policy covers liability, structural damage, and harm to items and property. You are 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 makes the decision to begin a new hobby, then purchases all the things you need to partake in that pastime, do it once and then recognize you hate this, and now youre stuck with all this expensive shitOr perhaps you do use your stuff, but 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 is almost no maintenance for storage units, and they dont need the exact same level of management as a rental property.The units are self-serve. People allow themselves in and outside of the units.
You can peruse storage facilities for sale in LoopNet.If you dont have the money to buy or construct 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 form of investment where each person involved recruits other people to join.
Herbalife and Amway call themselves multi-level marketing companies but both have been accused of being pyramid schemes.There are a whole lot of lazy men and women who dont want to get actual jobs but want to pretend to get a career. These are the kinds of people you can recruit for your very own pyramid scheme.
There are lots 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 like a shake or a body wrap are just two good ideas.Make all kinds of crazy claims about your product, with regulatory agencies gutted, whos going to prevent you This shake can allow you to lose ten pounds overnight! This wrapping will eliminate cellulite in only 2 weeks!It helps if you're good looking, healthy, and also magnetic.