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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 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 great to refuse.It requires 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 obtained 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 assets to address, and there isnt much overhead.You can find online businesses for sale on sites such as 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 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 infant, its gonna be Beyonce and Jay Z and not some internet nerd.There is some chance involved in choosing a good domain name to purchase, but there are also methods to research what might be a great one.
You can purchase 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 a number people, this is harder than it sounds. When you agree to become a silent partner, you have to stay silent which can be difficult when its your money on the line, and you think things ought to be done differently.You can search websites 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 areas top article really are cracking down on renting out an entire home or apartment, however there arent restrictions on renting out a room in your property.
And theyll cover you! Airbnb connects people who have space to rent to those looking for somewhere to stay. We wrote an article on the process.Rent Like a Champion: Do you live near a college 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 set the cost and availability of your rental.
The company provides up to $1,000,000 in insurance coverage which acts as your primary insurance coverage for your time your home is rented out.The policy covers liability, structural damage, and damage to items and property. You are paid via direct deposit 5-6 business days following 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 decides to begin a new hobby, buys all the stuff you need to partake in that pastime, do it once and then recognize you despise this, and now youre stuck with this expensive shitOr perhaps you really do use your stuff, however you probably arent using it all of the time.
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And even that isnt enough room for all the stuff we buy, so we need more storage space. visit site There's 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 let themselves in and out of their units.
You can peruse storage centers available in LoopNet.If you dont have the money to buy or construct a facility, 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 in which every 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 get actual jobs but want to pretend to have a livelihood. These are the kinds of people that you can recruit for your very own pyramid scheme.
There are a great deal of fat people who want to be thin but who dont want to eat less and move more, so some kind of magic weight loss product like a shake or a body wrap are just 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 allow you to lose ten pounds overnight! This wrap will eliminate cellulite in only two check these guys out weeks!It helps if you're good looking, fit, and also magnetic.