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Purchase a Blog: Effort 3Flippa: You can also get 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 requires some research to find a blog worth buying though, kind of like choosing the right rental property.
You can peruse sites for sale in Flippa, and a few can be had for only 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 assets to address, and there isnt much overhead.You can find online businesses available on sites like 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 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 since when 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 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 correct brick and mortar business can be a good investment, but 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 of us, this is more difficult than it sounds. When you agree to be a silent partner, you have 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 such as Angel Investors Network to get opportunities.Rent it OutYou can earn 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 cover you! Airbnb connects those with space to rent to people looking for a place to stay. We wrote an article on the process.Rent Like a Champion: Do you live near a college campus, renowned 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 Just like a Champion.You place the price and availability of your rental.
The company provides around $1,000,000 in insurance coverage which functions as your primary insurance coverage for the time your house is rented out.The policy covers liability, structural damage, and harm to things and property. You're 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 Materials: Effort 2Peer Renters: Are you one of those men and women who makes the decision to start a new hobby, then buys all of the stuff you need to partake in that pastime, do it once and then recognize you despise it, and now youre stuck with this expensive shitOr maybe 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 space for all the things we buy, so we need more storage Discover More Here space. There is 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 the 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 i was reading this REIT that specializes in those 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 whole lot of lazy people who dont want to find real jobs but want to pretend to get a career. These are the kinds of people you can recruit for your 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 magical weight loss product like a shake or a body wrap are just two good ideas.Make all kinds of crazy claims about your product, together with regulatory agencies gutted, whos going to stop you This shake can help you lose ten pounds overnight! This wrapping will eliminate cellulite in only two weeks!It helps if you're good looking, healthy, and charismatic.