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Buy a Blog: Effort 3Flippa: You can also get an existing blog that's 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 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 for sale at Flippa, and some can be had for just a few dollars.Buy an Existing Business: Effort 3The barrier to buying an online business is much lower than purchasing a brick and mortar business. They can be had much more cheaply, and there arent a lot of any physical assets to deal with, and there isnt much overhead.You can find online businesses available on websites like BizBuySell.Buy Royalties: Effort 2Had no idea this was a thing! Music ownership is managed by means of royalties.
Royalty rights are not influenced by financial markets and provide a steady flow of passive income.You can bid on royalties on your own site Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous men and women hurry to signature their childrens names because when someone is going to pimp out 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 buy, but there are also methods to investigate what might be a great one.
You can buy 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 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 people, this is harder than it sounds. When you agree to be a silent partner, you have to stay silent which can be difficult when its your money on the line, and you think things should be done differently.You can search sites such as Angel Investors Network for opportunities.Rent it OutYou can make money renting out plenty of things.Rent a Room: Effort 2A lot of places are cracking down on renting out an entire home or apartment, however there arent restrictions on renting out a space in your property.
And theyll cover you! Airbnb connects those with space to rent to people looking for a place to stay. We wrote an article on the process.Rent Like a Champion: Can you live near a school campus, renowned golf course, race track, or other venues in which major sporting events are held You can rent your home out to individuals attending these events through Rent Like a Champion.You set the price and availability of your rental.
The company provides up to $1,000,000 in insurance coverage which acts as your primary insurance policy for the time your home 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 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 men and women who makes the decision to start a new hobby, then 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 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 require the same level of management as a rental property.The units are self-serve. People let themselves in and out of the units.
You can peruse storage centers for sale 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 her comment is here is a form of investment in which 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 men and women internet who dont want to get actual jobs but want to pretend to get a career. These are the kinds of people you can recruit for your own pyramid scheme.
There are a great deal of fat men and women that want to be thin but that dont want to eat less and proceed, so some kind of magic weight loss product like Full Report a shake or a body wrap are just two good ideas.Make all kinds of crazy claims about your product, with regulatory agencies , whos going to prevent you This shake can allow you to lose ten pounds overnight! This wrapping will eliminate cellulite in just two weeks!It helps if you're good looking, healthy, and charismatic.