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Purchase a Blog: Effort 3Flippa: You can also get an existing blog that is already making money. People sell successful sites 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 requires some research to find a site worth buying though, kind of like choosing the ideal rental property.

You can peruse sites available in Flippa, and some can be obtained 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 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 idea this was a thing! Music ownership is managed via royalties.

Royalty rights are not influenced by financial markets and provide a steady stream 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 hurry to trademark 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 methods to research what could be a good 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, however 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 have to keep 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 to get 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 home or apartment, but there arent restrictions on renting out a room in your property.

And theyll cover you! Airbnb connects those with space to rent to people looking for somewhere to stay. We wrote an article on the process.Rent Like a Champion: Do you live near a school campus, renowned golf course, race track, or other venues where major 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 supplies around $1,000,000 in insurance policy which acts as your primary insurance coverage for your have a peek at these guys 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 website 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 of the things you need to partake in that pastime, do it once and then realize you hate it, and now youre stuck with 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 space for all 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 allow 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 facility, 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 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 who dont want to find real 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 lots of fat men and women who want to be thin but who dont want to eat less and move more, so their website some kind of magic 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 gutted, whos going to stop you This shake will help you lose ten pounds overnight! This wrapping will eliminate cellulite in only two weeks!It helps if you're good looking, fit, and charismatic.

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