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Purchase a Blog: Effort 3Flippa: You can also get an existing blog that is already making money. People today 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 site worth buying though, kind of like choosing the right rental property.
You can peruse sites 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 much more cheaply, and there arent a lot of any physical resources to deal with, and there isnt much overhead.You can find online businesses for sale on websites like BizBuySell.Buy Royalties: Attempt 2Had no thought that 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 your own website Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous people rush to signature their childrens names since when someone is going to pimp out a infant, its gonna be Beyonce and Jay Z and not some internet nerd.There is some luck involved in choosing a good domain name to purchase, but there are also methods to investigate what could be a great 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 good investment, but there are much 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 some of us, this is more difficult than it sounds. When you agree to be 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 such as Angel Investors Network to get opportunities.Rent it OutYou can make money renting out lots of things.Rent a Room: Effort 2A lot of areas really are cracking down on renting out an entire home or apartment, however there arent restrictions on renting out a space in your home.
And theyll pay you! Airbnb connects those with 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 college campus, famous golf course, race track, or other venues where major sporting events are held You can rent your home out to individuals attending these events through Rent Just 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 the time your home is rented out.The policy covers liability, structural damage, and harm to items and property. You're 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 makes the decision to start a new hobby, purchases all of the stuff you need to partake in that pastime, do it once and then recognize you hate this, and now youre stuck with all this expensive shitOr perhaps you really 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 of the stuff we buy, so we need more storage space. There is almost no maintenance for storage units, and they dont need the exact same level of management as a rental property.The units are self-serve. People allow themselves in and outside of their units.
You can peruse storage facilities available in LoopNet.If you dont have the money to buy or construct a centre, you can invest in a REIT that specializes in them like Public Storage or ExtraSpace Storage Inc.Pyramid visite site SchemesA pyramid scheme is a kind of investment where every person involved recruits other people to join.
Herbalife and Amway call themselves multi-level marketing companies but both have been accused of being pyramid schemes.There are a whole lot of lazy men and women who dont want to get real jobs but want to pretend to get 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 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 great ideas.Make all kinds of crazy claims about your product, together with regulatory agencies gutted, whos going to prevent you This shake can help you lose ten pounds overnight! This wrapping will eliminate cellulite in just two weeks!It helps if you're good looking, fit, and charismatic.