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Purchase a Blog: Effort 3Flippa: You can also get 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 great to refuse.It requires some research to find a site worth buying though, kind of like choosing the ideal rental property.
You can outsource websites for sale in Flippa, and a few can be obtained for just a couple 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 available on websites like BizBuySell.Buy Royalties: Attempt 2Had no thought that this was a thing! Music ownership is managed by means of royalties.
Royalty rights are not influenced by financial markets and provide a steady flow 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 because when someone is going to pimp out a infant, 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 great one.
You can buy domain names at Flippa. We interviewed Adam Dicker concerning this process.Brick and Mortar BusinessesThe right brick and mortar business can be a good investment, but 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 harder than it sounds. When you consent to become a silent partner, you need to keep silent that 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 for opportunities.Rent it OutYou can earn 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 property.
And theyll pay you! Airbnb connects those with space to rent to those looking for somewhere to stay. We wrote an view it now article on the process.Rent Like a Champion: Can you live near a school campus, famous golf course, race track, or other venues where significant sporting events are held You can rent your house out to individuals attending these events through Rent Just like a Champion.You set the price 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 house 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 site currently has listings in 25 cities in the US.Rent Your Stuff: Effort 2Peer Renters: Are you one of those people who decides to start a new hobby, buys all of the things you need to partake in that pastime, do it once and then recognize you despise this, and now youre stuck with all this expensive shitOr perhaps you do use your stuff, but you probably arent using it all of the time.
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And even that isnt enough space for all the stuff we buy, so we need more storage space. There's almost no maintenance for storage units, and they dont require the exact same level 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 for sale in LoopNet.If you dont have the money to purchase or build a centre, you can invest you can try this out 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 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 that you can recruit for your very own pyramid scheme.
There are a great deal of fat people that want to be thin but who dont want to eat less and proceed, so some kind of magic weight loss product redirected here such as a shake or a body wrap are just two good ideas.Make all kinds of crazy claims about your product, with regulatory agencies gutted, whos going to stop you This shake can help you lose ten pounds overnight! This wrap will eliminate cellulite in only 2 weeks!It helps if you're good looking, healthy, and also magnetic.