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Purchase a Blog: Effort 3Flippa: You can also buy an existing blog that's already making money. People sell successful blogs for all sorts of reasons; theyre tired of doing it, they no longer have time to get it done, its not making enough money, or your offer was too good to refuse.It takes some research to find a blog worth buying though, kind of like choosing the ideal rental property.

You can peruse sites available in Flippa, and some can be obtained for only a couple 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 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 sites such as BizBuySell.Buy Royalties: Attempt 2Had no idea this was a thing! Music ownership is managed via royalties.

Royalty rights are not affected by financial markets and supply a steady stream 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 people hurry to trademark their childrens names because if someone is going to pimp out a infant, its gonna be Beyonce and Jay Z and not a few internet nerd.There is some chance involved in choosing a good domain name to purchase, but there are also methods to investigate what could be a great one.

You can purchase domain names at Flippa. We interviewed Adam Dicker concerning this process.Brick and Mortar BusinessesThe correct brick and mortar business can be a fantastic investment, but there are a whole lot 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 some people, this is more difficult than it sounds. When you agree to become a silent partner, you have to stay silent which can be difficult when its your money on the line, and you think things ought to be done differently.You can search websites like Angel Investors Bonuses Network to get opportunities.Rent it OutYou can earn money renting out lots 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 home.

And theyll pay 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: Do you live near a school 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 Like a Champion.You place the price and availability of your rental.

The company provides around $1,000,000 in insurance policy which functions as your primary insurance policy for the time your house is rented out.The policy covers liability, structural damage, and damage to items and property.  You're paid via direct deposit 5-6 business days following the guests check out. The site 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 buys all the things you need to partake in that pastime, do it once and then realize you despise this, and now youre stuck with all this expensive shitOr perhaps you really do use your stuff, however you probably arent using it all the time.

 

 

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And even that isnt enough space for all the things 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 let themselves in and outside of their units.

You can peruse storage facilities available at LoopNet.If you dont have the money to purchase or build a centre, you can invest in a REIT that specializes in them like Public Storage or ExtraSpace Storage Inc.Pyramid SchemesA pyramid scheme is a form 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 real jobs but want to pretend to have a livelihood. These are the kinds of people you can recruit for your very own pyramid scheme.

There are lots of fat people who 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 great ideas.Make all kinds of crazy claims about your product, with regulatory agencies gutted, whos going to prevent you This shake will allow you to lose ten pounds overnight! This wrap will eliminate cellulite in just two weeks!It helps if you're good looking, healthy, and charismatic.

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