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Buy a Blog: Effort 3Flippa: You can also buy 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 time to do it, its not making enough money, or your offer was too good to refuse.It takes some research to find a site worth buying though, kind of like choosing the right rental property.
You can outsource websites available in Flippa, and a few can be obtained 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 address, and there isnt much overhead.You can find online businesses for sale on websites such as BizBuySell.Buy Royalties: Attempt 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 flow of passive income.You can bid on royalties on the website 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 if someone is going to pimp a baby, 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 methods to research what might be a great one.
You can buy domain names at Flippa. We interviewed Adam Dicker about this process.Brick and Mortar BusinessesThe correct brick and mortar business can be a fantastic investment, however 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 a number of us, this is more difficult than it sounds. When you agree to be a silent partner, you have to keep silent which can be difficult 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 places really are cracking down on renting out an entire house or apartment, but there go to this website arent restrictions on renting out a space in your home.
And theyll pay you! Airbnb connects people who have space to rent to those looking for somewhere to stay. We wrote an article on the process.Rent Just Like a Champion: Do you live near a school campus, renowned golf course, race track, or other venues in which major sporting events have been held You can rent your house out to people attending these events through Rent Just like a Champion.You set the cost and availability of your rental.
The company provides up to $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 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, then purchases all of the stuff you need to partake in that go to this site pastime, do it once and then realize you hate it, and now youre stuck with all this expensive shitOr perhaps you do use your stuff, 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 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 their units.
You can peruse storage facilities 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 a form of investment in which every person involved recruits others 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 actual jobs but want to pretend to get a career. These are the kinds of people that you can recruit for your own pyramid scheme.
There are a great deal of fat men and women that want to be thin but who dont want to eat less and proceed, so some kind of magic weight loss product such as a shake or a body wrap are just two great 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 a fantastic read eliminate cellulite in only 2 weeks!It helps if you are good looking, healthy, and charismatic.