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Buy a Blog: Effort 3Flippa: You can also buy 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 time to get it done, 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 available in Flippa, and a few can be obtained for only 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 much 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: 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 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 trademark their childrens names because when 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 good domain name to buy, but there are also ways to investigate what could be a good one.
You can purchase domain names at Flippa. We interviewed Adam Dicker concerning 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 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 be a silent partner, you need to keep silent which can be difficult when its your money on the line, and you think things should be done differently.You can search websites like 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, but there arent restrictions on renting out a space in your property.
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 Like a Champion: Do you live near a school campus, renowned golf course, race track, or other venues in which major sporting events are held You can rent your home out to individuals attending those events through Rent Just like a Champion.You set the price and availability of your rental.
The company supplies around $1,000,000 in insurance policy which functions as your main insurance coverage for your time your house is rented out.The policy covers check this site out liability, structural damage, and damage to items and property. You are paid via direct deposit 5-6 business days after the guests check out. The site currently has listings in 25 cities in the US.Rent Your Materials: Effort 2Peer Renters: Are you one of those people who makes the decision to begin a new hobby, purchases all of the things 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 stuff, however 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 is almost no maintenance for storage More about the author units, and they dont need the same amount of management as a rental property.The units are self-serve. Folks let themselves in and outside of their units.
You can peruse storage facilities available at LoopNet.If you dont have the money to purchase or construct a facility, you can invest in a REIT that specializes in them such as Public Storage or ExtraSpace Storage Inc.Pyramid SchemesA pyramid scheme is a kind of investment where each person involved recruits other people to join.
Herbalife and Amway call themselves multi-level marketing companies but have been accused of being pyramid schemes.There are a whole lot have a peek at these guys of lazy people who dont want to find actual jobs but want to pretend to have a career. These are the kinds of people that you can recruit for your very own pyramid scheme.
There are a great deal of fat men and women that want to be thin but that 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, together with regulatory agencies gutted, whos going to stop you This shake can allow you to lose ten pounds overnight! This wrap will eliminate cellulite in just 2 weeks!It helps if you are good looking, fit, and also magnetic.