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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 this, they no longer have time to get it done, 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 ideal rental property.
You can outsource websites for sale in Flippa, and some can be had 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 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 such as BizBuySell.Buy Royalties: Effort 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 stream of passive income.You can bid on royalties on your own site Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous people hurry 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 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 buy 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, but there are a whole lot more overhead and more moving parts. Therefore more research must be done than you needed to invest in an online business.
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For a number of us, this is harder than it sounds. When you consent to become a silent partner, you have 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 sites such as Angel Investors Network for opportunities.Rent it OutYou can make 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 room in your property.
And theyll cover you! Airbnb connects people who Continued have space to rent to those looking for a place to stay. We wrote an article on the process.Rent Like a Champion: Can you live near a college campus, famous golf course, race track, or other venues where significant sporting events are held You can rent your home out to people attending these events through Rent Like a Champion.You place the price and availability of your rental.
The company supplies up to $1,000,000 in insurance policy which acts as your main insurance policy for your time your home is rented out.The policy covers liability, structural damage, and damage to things and property. You are paid through direct deposit 5-6 business days after 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 people who decides to begin a new hobby, buys all of the stuff you need to partake in that pastime, do it once and then realize you despise this, and now youre stuck with this expensive shitOr maybe you do use your stuff, but 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 dont require the 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 available in LoopNet.If you dont have the money to purchase or build a centre, you can invest in a REIT that specializes in those like Public Storage or ExtraSpace Storage Inc.Pyramid SchemesA pyramid scheme is additional info a kind of investment where each 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 livelihood. These are the kinds of people you can recruit for your very own pyramid scheme.
There are lots 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 such as a shake or a body wrap are two good ideas.Make all kinds of crazy claims about your product, together with regulatory agencies , whos going to prevent you This shake can allow you to lose ten pounds overnight! This wrap will eliminate cellulite in just two weeks!It helps if you are good looking, healthy, and charismatic.