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Purchase a Blog: Effort 3Flippa: You can also buy an existing blog that is already making money. People today sell successful sites for a variety of reasons; theyre tired of doing this, they no longer have 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 right rental property.
You can peruse sites available in Flippa, and some can be had for just 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 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 trademark their childrens names since when someone is going to pimp a baby, 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 might be a great one.
You can purchase domain names at Flippa. We interviewed Adam Dicker about this process.Brick and Mortar BusinessesThe correct brick and mortar business can be a good 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 of us, this is more difficult than it sounds. When you consent to be a silent partner, you have to stay 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 like Angel Investors Network for opportunities.Rent it OutYou can make money renting out plenty of things.Rent a Room: Effort 2A lot of areas are cracking down on renting out an entire home or apartment, but there arent restrictions on renting out a room in your home.
And theyll pay 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 Just Like a Champion: Can you live near a college campus, famous golf course, race track, or other venues in which major sporting events have been held You can rent your home out to people attending these events through Rent Just like a Champion.You place the price and availability of your rental.
The company supplies visit here up to $1,000,000 in insurance coverage which acts as your main insurance coverage for your time your home is rented out.The policy covers liability, structural damage, and harm to items 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 start a new hobby, then purchases all of the stuff you need to partake in that pastime, do it once and then realize you hate it, and now youre stuck her explanation 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 room for all of the stuff we buy, so we need more storage space. There's 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 centers for sale at LoopNet.If you dont have the money to purchase or build a centre, you can invest in a REIT that specializes in them such as 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 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 that you can recruit for your very own additional info pyramid scheme.
There are lots of fat men and women that want to be thin but who dont want to eat less and move more, so some kind of magic 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 will help you lose ten pounds overnight! This wrapping will eliminate cellulite in only two weeks!It helps if you're good looking, fit, and also magnetic.