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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 this, they no longer have time to do it, 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 right rental property.

You can peruse sites for sale at Flippa, and a few can be obtained for just a few 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 more cheaply, and there arent a lot of any physical assets to deal with, and there isnt much overhead.You can find online businesses for sale on sites like BizBuySell.Buy Royalties: Effort 2Had no idea this was a thing! Music ownership is managed via royalties.

Royalty rights are not affected by financial markets and provide a steady stream of passive income.You can bid on royalties on your own website Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous people hurry to signature their childrens names because when someone is going to pimp a infant, its gonna be Beyonce and Jay Z and not some internet nerd.There is some luck involved in choosing a fantastic domain name to purchase, 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 correct brick and mortar business can be a fantastic investment, however there are a whole lot more overhead and more moving parts. Therefore much more research has to be done than you needed to invest in an online business.

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For some of us, this is harder than it sounds. When you agree to become a silent partner, you have to stay silent that can be difficult when its your money on the line, and you think things ought to be done differently.You can search websites such as Angel Investors Network to get opportunities.Rent it OutYou can earn money renting out plenty of things.Rent a Room: Effort 2A lot of places really are cracking down on renting out an entire home or apartment, however there arent restrictions on renting out a room in your property.

And theyll pay you! Airbnb connects people who have 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 college blog campus, renowned golf course, race track, or other venues in which significant sporting events are held You can rent your home out to individuals attending those events through Rent 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 primary insurance policy for your time your house is rented out.The policy covers liability, structural damage, and damage to things and property.  You're 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 men and women who decides to start a new hobby, purchases all of the things you need to partake in that pastime, do it once and then realize you despise this, and now youre stuck with this expensive shitOr perhaps you do use your stuff, however you probably arent using it all the time.

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And even that isnt enough room 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 amount of management as a rental property.The units are self-serve. People let themselves in and outside of the units.

You can peruse storage centers 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 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 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 get a livelihood. 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 that dont want to eat less and move more, so some kind of magical weight loss product such as a shake or a body wrap are two great ideas.Make all kinds of crazy claims about your product, together with regulatory agencies , 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 are good looking, fit, and also magnetic.

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