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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 blogs for all sorts 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 great to refuse.It requires some research to find a site worth buying though, kind of like choosing the ideal rental property.
You can outsource websites available in Flippa, and some can be had for just 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 address, and there isnt much overhead.You can find online businesses available on websites like BizBuySell.Buy Royalties: Effort 2Had no thought that 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 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 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 buy, but there are also ways to research what might 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 has to be done than you needed to invest in an online business.
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For some people, this is more difficult than it sounds. When you consent to become a silent partner, you need to stay silent that can be hard when its your money on the line, and you think things should be done differently.You can search websites 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 really 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 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, renowned golf course, race track, or other venues in which significant sporting events have been held You can rent your home out to people attending those events through Rent Like a Champion.You place the cost and availability of your rental.
The company supplies up to $1,000,000 in insurance coverage which acts as your primary insurance policy for your time your house is rented out.The policy covers liability, structural damage, and damage to things and property. You're paid through direct deposit 5-6 business days after the guests check out. The site currently has listings in 25 cities in the US.Rent Your Stuff: Effort 2Peer Renters: Are you one of those people who makes the decision to begin a new hobby, buys all the stuff you need to partake in that pastime, do it once and then realize you hate it, and now youre stuck with all this expensive shitOr maybe you really do use your things, however 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's almost no maintenance for storage units, and they dont need the same level of management as a rental property.The units are self-serve. People allow themselves in and outside of the 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 Discover More specializes in them like Public Storage or ExtraSpace Storage Inc.Pyramid SchemesA pyramid scheme is 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 men and women who dont want to get actual jobs but want to pretend to have a career. These are the kinds of people you can recruit for your very own pyramid scheme.
There are a great deal of fat people who want to be thin but who dont want to eat less and proceed, so some kind of magic weight loss product like a shake or a body wrap are just two great ideas.Make all kinds of crazy claims about your product, with regulatory agencies gutted, whos going to prevent you This shake browse this site will allow you to lose ten pounds overnight! This wrap will eliminate cellulite in only 2 weeks!It helps if you're good looking, fit, and also magnetic.