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Buy a Blog: Effort 3Flippa: You can also get an existing blog that's already making money. People sell successful sites for all sorts of reasons; theyre tired of doing it, they no longer have 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 ideal rental property.
You can peruse sites for sale at Flippa, and a few can be obtained for just 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 available on websites such as BizBuySell.Buy Royalties: Attempt 2Had no thought that this was a thing! Music ownership is managed by means of royalties.
Royalty rights are not influenced by financial markets and supply a steady flow of passive income.You can bid on royalties on your own website Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous people rush to signature their childrens names since if someone is going to pimp a baby, 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 might be a great one.
You can buy 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 a whole lot 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 people, this is more difficult than it sounds. When you consent to be a silent partner, you need to stay silent that can be difficult when its your money on the line, 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 lots of things.Rent a Room: Effort 2A lot of places are cracking down on renting out an entire house or apartment, however there arent restrictions on renting out a room in your property.
And theyll pay you! Airbnb connects those with space to rent to those looking for a place to stay. We wrote an article on the process.Rent Like a Champion: Can you live near a college campus, famous golf course, race track, or other venues in which significant sporting events are held You can rent your check my site house out to people attending these events through Rent Just like a Champion.You place the cost and availability of your rental.
The company provides around $1,000,000 in insurance coverage which acts as your main insurance policy for your time your house is rented out.The policy covers liability, structural damage, and damage to things and property. You're paid via direct deposit 5-6 business days after the guests check out. The website 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 buys all the stuff you need to partake in that pastime, do it once and then recognize you hate this, and now youre stuck with this expensive shitOr maybe you do use your things, but you probably arent using it all the time.
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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 require the same level of management as a rental property.The units are self-serve. Folks let themselves in and outside of their 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 like Public Storage or ExtraSpace Storage Inc.Pyramid SchemesA pyramid scheme is a form 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 men and women who dont want to find actual jobs but want to pretend to get a livelihood. These are the kinds of people you can recruit for your own pyramid scheme.
There are a great deal of fat men and women that want to be thin but that dont want to eat less and proceed, so some kind of magical weight loss product such as a shake or a body wrap are just two good ideas.Make all kinds of crazy claims about your product, with regulatory agencies , whos going to prevent you This shake can allow you to lose ten pounds overnight! This wrapping will eliminate cellulite in just two weeks!It helps if you're good looking, healthy, and also magnetic.