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Buy a Blog: Effort 3Flippa: You can also get an existing blog that is already making money. People today sell successful blogs for a variety of reasons; theyre tired of doing it, they no longer have enough time to do it, its not making enough money, or your offer was too good 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 a few can be had for only a few 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 available on sites 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 affected by financial markets and provide 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 rush to signature their childrens names because if someone is going to pimp out a infant, 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 methods to research what could be a great one.
You can purchase domain names at Flippa. We interviewed Adam Dicker about this process.Brick and Mortar BusinessesThe right brick and mortar business can be a fantastic investment, however 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 a number people, this is harder than it sounds. When you consent to be a silent partner, you have to keep silent that 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 earn money renting out lots of things.Rent a Room: Effort 2A lot of areas 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 people who 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, renowned golf course, race track, or other venues in which significant sporting events have been held You can rent your house out to individuals attending these events through Rent Just like a Champion.You place the cost and availability of your rental.
The company provides up to $1,000,000 in insurance coverage which acts 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 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 people who makes the decision to begin a new hobby, then buys all the things you need to partake in that pastime, do it once and then recognize you hate it, and now youre stuck with this expensive shitOr perhaps you do use your stuff, but you probably arent using it all 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 exact same amount of management as a rental property.The units are self-serve. People let themselves in and outside of the units.
You can peruse storage facilities available at LoopNet.If you dont have the money to purchase or build a facility, you can invest in a REIT that specializes in them like Public Storage or ExtraSpace Storage the original source Inc.Pyramid SchemesA pyramid scheme click for info is a form of investment where each 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 people who dont want to get actual jobs but want to pretend to have a livelihood. These are the kinds of people you can recruit for your own pyramid scheme.
There are a great deal of fat men and women who want to be thin but that 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, with regulatory agencies , whos going to stop you This shake can allow you to lose ten pounds overnight! This wrapping will eliminate cellulite in just 2 weeks!It helps if you are good looking, healthy, and also magnetic.