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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 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 right rental property.
You can peruse sites for sale in Flippa, and a few can be obtained for only a few 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 websites such as BizBuySell.Buy Royalties: Attempt 2Had no thought that this was a thing! Music ownership is managed via royalties.
Royalty rights are not affected by financial markets and supply 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 people rush to signature their childrens names because 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 fantastic domain name to buy, but there are also methods to research what might be a great one.
You can buy domain names at Flippa. We interviewed Adam Dicker about this process.Brick and Mortar BusinessesThe right brick and mortar business can be a good investment, however there are a whole lot more overhead and more moving parts. Therefore more research must 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 consent to be a silent partner, you need to keep silent that can be difficult when its your money on the line, and you think go to this web-site things ought to be done differently.You can search sites 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 are cracking down on renting out an entire home or apartment, however there arent restrictions on renting out a room in your home.
And theyll pay you! Airbnb connects those with space to rent to people 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, renowned golf course, race track, or other venues where significant sporting events are held You can rent your home out to people attending these events through Rent Like a Champion.You place the price and availability of your rental.
The company supplies up to $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 things 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 makes the decision to begin a new hobby, then buys all the things 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 really 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 the things we buy, so we need more storage space. There's almost no maintenance for storage units, and they dont require the same level click of management as a rental property.The units are self-serve. People allow themselves in and outside of the units.
You can peruse storage centers available in LoopNet.If you dont have the money to buy or construct a centre, 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 in which 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 find actual 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 men and women who 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 two good ideas.Make all kinds of crazy claims about your product, together with regulatory agencies gutted, whos going to stop you This shake will allow you to lose ten pounds overnight! This wrapping will eliminate cellulite in just 2 weeks!It helps if you are good looking, healthy, and charismatic.