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Purchase a Blog: Effort 3Flippa: You can also get an existing blog that is already making money. People sell successful sites for all sorts of reasons; theyre tired of doing it, 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 site worth buying though, kind of like choosing the right rental property.
You can peruse sites available in Flippa, and some can be had 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 assets to deal with, and there isnt much overhead.You can find online businesses for sale on websites such as BizBuySell.Buy Royalties: Effort 2Had no thought that this was a thing! Music ownership is managed via royalties.
Royalty rights are not affected 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 hurry to trademark their childrens names since when 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 investigate what might be a good one.
You can buy 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 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 more difficult than it sounds. When you agree to become a silent partner, you need to keep silent which can be hard 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 for 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 space in your property.
And theyll cover you! Airbnb connects those with space to rent to those looking for a place to stay. We wrote an article on the process.Rent Just Like a Champion: Can you live near a school campus, famous golf course, race track, or other venues where major sporting events are held You can rent your house out to individuals attending these events through Rent Just like a Champion.You place the cost and availability of your rental.
The company supplies up to $1,000,000 in insurance coverage which acts as your main insurance policy for the time your home 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 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 Go Here purchases all of the stuff you need to partake in that pastime, do it once and then recognize you despise it, and now youre stuck with all this expensive shitOr article source perhaps you really do use your things, but you probably arent using it all the time.
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And even that isnt enough room 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 allow themselves in and out of the units.
You can peruse storage centers for sale in LoopNet.If you dont have the money to buy or construct a facility, you can invest in a REIT that specializes in them like Public Storage or ExtraSpace Storage Inc.Pyramid SchemesA pyramid scheme is a kind of investment where 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 whole lot of lazy men and women who dont want to get actual jobs but want to pretend click to get a career. These are the kinds of people that you can recruit for your own pyramid scheme.
There are a great deal of fat men and women who 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 , whos going to stop you This shake can help you lose ten pounds overnight! This wrap will eliminate cellulite in only two weeks!It helps if you are good looking, fit, and charismatic.