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Purchase a Blog: Effort 3Flippa: You can also buy an existing blog that's already making money. People sell successful sites for a variety of reasons; theyre tired of doing it, they no longer have enough time to get it done, its not making enough money, or your offer was too great to refuse.It requires some research to find a blog 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 resources to address, and there isnt much overhead.You can find online businesses available on sites like BizBuySell.Buy Royalties: Attempt 2Had no thought that this was a thing! Music ownership is managed via 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 people rush to signature their childrens names since when someone is going to pimp a baby, its gonna be Beyonce and Jay Z and not a few internet nerd.There is some luck involved in choosing a fantastic domain name to purchase, but there are also ways 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, but there are a whole lot 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 a number of us, this is more difficult than it sounds. When you consent to become a silent partner, you need to stay silent which can be hard when its your money on the line, and you think things ought to be done differently.You can search websites like Angel Investors Network for opportunities.Rent it OutYou can earn 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 room in your home.

And theyll cover 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: Do you live near a college campus, famous golf course, go to my blog race track, or other venues in which significant sporting events have been held You can rent your home out to individuals attending these events through Rent Just like a Champion.You set the price and availability of your rental.

The company provides around $1,000,000 in insurance policy which functions as your main insurance coverage for your time your house is rented out.The policy covers liability, structural damage, and damage to items and property.  You are paid via direct deposit 5-6 business days after 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 men and women who makes the decision to begin a new hobby, 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 of the time.

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And even that isnt enough space for all of the things we buy, so we need more storage space. There is almost no maintenance for storage units, and they dont need the same level of management as a rental property.The their website units are self-serve. People allow themselves in and out of their units.

You can peruse storage facilities 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 in which each person involved recruits other people to join.

Herbalife and Amway call themselves multi-level marketing companies but both have been accused of being pyramid schemes.There are a lot of lazy people 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 own pyramid scheme.

There are lots of fat people who want to be thin but who dont want to eat less and proceed, so some kind of magical weight loss product such as a shake or a body wrap are two good ideas.Make all kinds of crazy claims about your product, with regulatory agencies , whos going to prevent you This shake can help you lose ten pounds overnight! This wrapping will eliminate cellulite in just two weeks!It helps if you're good looking, fit, and also magnetic.

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