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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 all sorts of reasons; theyre tired of doing it, they no longer have enough time to get it done, 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 outsource websites available in Flippa, and a few can be obtained for just a few 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 much 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 sites like BizBuySell.Buy Royalties: Effort 2Had no idea this was a thing! Music ownership is managed by means of royalties.
Royalty rights are not affected by financial markets and supply a steady stream of passive income.You can bid on royalties on the website 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 chance involved in choosing a good domain name to buy, but there are also ways to investigate what could 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, but there are much 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 some of us, this is harder than it sounds. When you consent to become a silent partner, you need to keep silent which can be hard 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 earn money renting out plenty of things.Rent a Room: Effort 2A lot of places are cracking down on renting out an entire house or apartment, however there arent restrictions on renting out a space in your property.
And theyll pay you! Airbnb connects people who have space to rent to those looking for somewhere to stay. We wrote an article on the process.Rent Just Like a Champion: Do you live near a college campus, renowned golf course, race track, or other venues in which major go to this website sporting events have been held You can rent your house out to people attending these events through Rent Just like a Champion.You place the cost and availability of your rental.
The company supplies up to $1,000,000 in insurance coverage which acts as your primary insurance policy for the time your house is rented out.The policy covers liability, structural damage, and harm 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 Materials: Effort 2Peer Renters: Are you one of those men and women who decides to start a new hobby, buys all the stuff you need to partake in that pastime, do it once and then recognize you despise this, and now youre stuck with this expensive shitOr perhaps you really do use your things, however 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 is almost no maintenance for storage units, and they dont need the same amount of management as a rental property.The units are self-serve. Folks allow themselves in and outside of their units.
You can peruse storage centers available 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 form of investment in which every person involved check over here 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 lot of lazy people who dont want to find actual jobs but want to pretend to get a career. These are Visit This Link the kinds of people 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 who dont want to eat less and move more, 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, 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 only 2 weeks!It helps if you are good looking, fit, and charismatic.