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Buy a Blog: Effort 3Flippa: You can also get an existing blog that is already making money. People sell successful blogs for a variety of reasons; theyre tired of doing this, they no longer have 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 ideal rental property.
You can outsource websites available in Flippa, and some 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 much 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 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 influenced by financial markets and provide a steady flow 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 signature their childrens names because if someone is going to pimp a infant, its gonna be Beyonce and Jay Z and not a few internet nerd.There is some luck involved in choosing a fantastic domain name to purchase, but there are also methods to research what might be a good one.
You can purchase domain names at Flippa. We interviewed Adam Dicker about 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 much more research must 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 be a silent partner, you have to keep silent that can be hard when its your money on the line, and you think things should be done differently.You can search websites such as Angel Investors Network for opportunities.Rent it OutYou can make money renting out plenty of things.Rent a Room: Effort 2A lot of areas really are cracking down on renting out 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 somewhere to stay. We wrote an article on the process.Rent Just Like a Champion: Do you live near a school campus, renowned golf course, race track, or other venues where significant sporting events have been held You can rent your house out to individuals attending these events through Rent Just like a Champion.You set the cost and click over here now availability of your rental.
The company supplies up to $1,000,000 in insurance policy which acts as your primary insurance coverage for your time your house is rented out.The policy covers liability, structural damage, and try this website damage to things and property. You're paid through 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, then purchases all 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 perhaps you 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 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 level of management as a rental property.The units are self-serve. People allow themselves in and out of their units.
You can peruse storage facilities for sale at LoopNet.If you dont have the money to purchase 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 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 real 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 lots of fat men and women who 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 two great ideas.Make all kinds of crazy claims about your product, together with regulatory agencies gutted, whos going to prevent you This shake will help you lose ten pounds overnight! This wrap will eliminate cellulite in just 2 weeks!It helps if you are good looking, healthy, and also magnetic.