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Buy a Blog: Effort 3Flippa: You can also buy an existing blog that's already making money. People sell successful sites for a variety of reasons; theyre tired of doing this, they no longer have enough time to do it, its not making enough money, or your offer was too good to refuse.It takes some research to find a blog worth buying though, kind of like choosing the ideal rental property.
You can outsource websites for sale at Flippa, and some can be obtained for just 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 resources 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 by means of royalties.
Royalty rights are not influenced by financial markets and provide 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 men and women rush 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 luck involved in choosing a good 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 concerning this process.Brick and Mortar BusinessesThe correct brick and mortar business can be a good investment, however there are a whole lot 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 agree to become a silent partner, you need 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 like Angel Investors Network for opportunities.Rent it OutYou can make money renting out plenty of things.Rent a Room: Effort 2A lot of places really are cracking down on renting out news an entire house or apartment, however there arent restrictions on renting out a room in your home.
And theyll pay you! Airbnb connects people who have space to rent to people 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 where significant sporting events are held You can rent your home out to individuals 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 policy which acts as your primary insurance coverage for the time your house is rented out.The policy covers liability, structural damage, and harm to things and property. You're paid through 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 decides to start a new hobby, then buys all 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 maybe you really 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 require the same amount of management as a rental property.The units are self-serve. Folks allow themselves in and out of their units.
You can peruse storage centers available at LoopNet.If you dont have the money to buy or build a centre, you can invest in a REIT that specializes in those such as Public Storage or ExtraSpace Storage read more Inc.Pyramid SchemesA pyramid scheme is a form of investment where every person involved recruits other people to join.
Herbalife and Amway call themselves multi-level marketing companies but find out this here both have been accused of being pyramid schemes.There are a lot of lazy people who dont want to get real jobs but want to pretend to get a livelihood. 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 proceed, so some kind of magical weight loss product like a shake or a body wrap are just two great ideas.Make all kinds of crazy claims about your product, with regulatory agencies gutted, whos going to prevent you This shake can help you lose ten pounds overnight! This wrap will eliminate cellulite in only 2 weeks!It helps if you are good looking, fit, and also magnetic.