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Purchase a Blog: Effort 3Flippa: You can also buy an existing blog that's already making money. People today sell successful blogs for all sorts of reasons; theyre tired of doing it, they no longer have time to do it, its not making enough money, or your offer was too great to refuse.It takes some research to find a blog worth buying though, kind of like choosing the ideal rental property.
You can peruse sites available 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 a lot lower than purchasing a brick and mortar business. They can be had more cheaply, and there arent a lot of any physical resources to deal with, and there isnt much overhead.You can find online businesses available on websites such as BizBuySell.Buy Royalties: Attempt 2Had no idea this was a thing! Music ownership is managed by means of royalties.
Royalty rights are not influenced by financial markets and supply 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 trademark their childrens names because if someone is going to pimp out a baby, its gonna be Beyonce and Jay Z and not some internet nerd.There is some chance involved in choosing a fantastic domain name to purchase, but there are also methods to research what could be a good one.
You can purchase 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, but there are a whole lot more overhead and more moving parts. Therefore much more research has to be done than you needed to invest in an online business.
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For some of us, this is harder than it sounds. When you consent 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 ought to be done differently.You can search websites like Angel Investors Network for opportunities.Rent it OutYou can make money renting out lots 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 home.
And theyll pay you! Airbnb connects people check that who have space to rent to people looking for somewhere 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 home out to individuals attending those events through Rent Like a Champion.You set the price and availability of your rental.
The company provides around $1,000,000 in insurance policy which acts as your primary insurance coverage for your time your home is rented out.The policy covers liability, structural damage, and harm to things and property. You are 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 people who makes the decision to begin a new hobby, then purchases all of the things you need to partake in that pastime, do it once and then realize you hate it, and now youre stuck with this expensive shitOr perhaps you really do use your stuff, however you probably arent using it all of the time.
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And even that isnt enough room for all of the stuff we buy, so we need more storage space. There is almost no maintenance for storage units, and they official site dont require the exact same level of management as a rental property.The units are self-serve. Folks let themselves in and outside of their units.
You can peruse storage centers for sale at LoopNet.If you dont have the money to purchase 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 have been accused of being pyramid schemes.There are a lot of lazy people who dont want to get real 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 lots of fat men and women who want to be thin but that dont want to eat less and move more, so some kind of Visit This Link magic weight loss product such as a shake or a body wrap are just two great ideas.Make all kinds of crazy claims about your product, together with regulatory agencies , whos going to prevent you This shake will help you lose ten pounds overnight! This wrap will eliminate cellulite in just two weeks!It helps if you're good looking, fit, and charismatic.