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I am against Gambling. I know many people who lost their life savings by gambling them away. Here I have an idea to make money using gambling sites but you can make money without gambling your hard earn dollars.
Poker and casino sites like Absolute Poker, Full Tilt Poker, Pokerstars, PlayersOnly, BoDog, Casino, Sportsbook and hundreds of similar sites all offer something called Load Bonuses. When you fund your account for the first time you get anywhere from 50 to 100 percent free money. It works for the sites because it’s a great way to bring in new players. In most cases, players lose all their money anyways it’s a sad truth. So how can we make money?
Here is the master plan Let’s say we pick 5 websites. Fund each of the account with $100 and receive, on average, $75 free from each site. Now you cannot cash out your bonus money right away or it would be too easy. You have to play first. So we have $500 of initial deposits and $375 in bonus money (75X5). Each site has something called micro games. Games where you can play with betting or risking 10 cents per round. Bonus gets released not when you spend a certain amount of money but when you play a certain amount of games. Usually after playing 100 times you will get all your bonus money released into actual account. So if you play 100 games at 10 cents you actually only spend $10. Then you can cash out. So from 5 sites you would profit $65 each times 5 so $325. It would take you about 5-6 hours to play enough hands on all 5 sites. But if you have free time and you don’t mind making $60/hr for your time doing nothing - you can make great money this way as there are hundreds of sites like these. But wait - that’s not it.
There is another upside. In most cases you will win money while playing those 100 games on each site. So there is a good chance that in our example out of 5 sites you will actually win money playing those 100 games on 2 sites and split 50/50 on the other 3. So instead of losing $50 by playing you would actually win $25 so your total earnings will be $400 making it $80/hr. Another upside is that if you have money in your possession you can actually make big money. If you deposited $500 on each site instead of $100 you will actually make $2,000 or $400/hr for your time.
Good luck and let me know what you think and how it goes!
Make Money with Vacation Rentals
So here you may, again, think that I lost my freaking mind…But I didn’t. Not yet anyways. Naturally, you are probably asking yourself if I am about to pitch you how great it is to be a real estate broker for vacation homes. But you are not even close. This is how it all started…
My wife and I, together with our friends, were about to go for a quick weekend getaway to Florida with our kids - each family has an-almost-two-year-old. We booked our flights and started looking for hotels. The challenge was that we have 2 little babies with us and so we were looking for a hotel that was family-friendly. The ones that would provide us with cribs for the babies and save us from 5am yelling of drunk neighbors returning from after-hours parties. Don’t get me wrong - I am usually that neighbor myself but once traveling with little kids agendas change a bit…
So to our surprise we couldn’t find a hotel close enough to the beach yet friendly enough for the kids. We googled phrases like ‘places to stay in south beach’, ‘best hotels in Miami’ and many more and to our great shock found thousands of apartments in gorgeous water-front newly built buildings for very reasonable rates.
We finally picked a great 1,600 square feet 2 bedroom in Sunny Isles for just $300/night. This apartment was great. While babies sleep we can watch TVs, go on the terrace to watch sunset, play cards, order in some late snack or dinner, etc. If we’d stay in regular hotels, we’d be separated in 2 different rooms and would be stuck with a 20 inch TV set watching it with our wives Here while me and my friend were enjoying basketball on 60 inch Plasma, wives were on the terrace talking about kids.
So where is the make money idea? Well, here it is. When we were checking out I asked Robbert, who came to take back the apartment keys from us and receive the rest of the payment, to let me know when the apartment is available in Fall. He asked me to call him as soon as we’d come back to New York because he thinks he has almost all the weekends booked already…for Fall…in March..
He went on to tell me that not only he doesn’t live in this apartment at all, he is actually not even an owner. He is renting the apartment for $2,200/month from the owner; advertises it on Craigslist and other websites and without using any agents is able to rent the apartment out for more than half of the year at $300/night. Plus on long weekends and special holidays he charges double. So this guy is bringing in about $65,000/year spends about $35,000 on rent and cleaning and profits about $30,000/year cash. Not bad considering that the whole procedure is on auto-pilot. His posts are always on Craigslist, Cleaning Crew is on-call with their own key to clean up..
Then I learned that he actually rents 3 apartments in this building and 2 across the street. And he is making about $200,000/year in profits and this is his primary way to make money. He said that he hopes to buy a penthouse in this building in few years for which he says he can charge as much as $2,500 for Memorial or Labor Day Weekend and $450-600 on a regular weekend. He said a lot of tourists prefer this kind of lodging which was shocking to me.
So when we came back home my friend declared that he wants to make money renting an apartment in Manhattan to tourists. He rented a 2 bedroom in a nice midtown area and started posting listings on many different vacation-rental sites as well as Craigslist and other free posting portals. He found a cleaning service a block away from the apartment to be able to quickly clean-up. I thought it was a terrible idea full of unnecessary headaches. I didn’t think it would ever really make money. But, yet again, I was wrong.
Without investing much time into this, my friend is making on average $6-7,000/month in revenue as this apartment constantly gets rented out. Go figure. But it is really not a very expensive idea. All you need is to rent an apartment - put down 1-2 months of rent and get some discounted furniture…and your mini-hotel is ready-to-go. In towns where tourism is not that big people are turning their homes into bed-and-breakfasts. In big cities people are turning apartments they don’t even live in into gold. I hope you will find a way to profit from this idea. Good luck and, as always, let us know what you think and if it worked for you or not.
Make Money Selling Domains
Here is the thing. Back in 1996 I owned some very questionable domains. They were questionable to me because back then I didn’t think anyone will pay me for my UsedToyotas.com or BigTVsForSale.com They were very long domain names and market for them was small. I guess nobody really was selling Big TVs on websites..Only few retailers still had websites. So I let register.com take these $30/year monkey off my shoulders when those domains expired. I went back to domain buying in 2001 where I proudly registered names like Lagola.com, Sellme.Tv, Sellme.Biz, CancunVacations.com and many others. However, again in 2 years of keeping them and finding no buyers I let them go. If I still had those domains today I could have gotten over a million dollars for them. My point?
In 1996 I thought my domains were useless and so I did in 2001. Today I feel stupid. No good domain name is ever useless. .COMs are running out. I recently tried to register a domain name for an Email Marketing company. I tried to use a word Email with every animal, color, plant, etc. known to the world. I tried things like EmailMonkey, EmailDonkey :), EmailChicken, EmailRose, EmailFlower, EmailTullip, PinkEmail, BlueEmail, etc. etc. etc. - they were ALL taken!!! And I guarantee you that people will make money with these all domains one day. Just like people who were smart and bought names like UsedHyundaiNewJersey.com because 6 years ago they were useless but today you can sell it to a NJ used car dealer for $100k easy! I had domain HeavyPoker.com back then poker was not on ESPN and not that popular. I dropped it. Now I would have gotten $80-120,000 for it!! Who could’ve thought that Work from Home and Make Money Online programs will become so popular that now you can sell a shitty WAH name like WorkHomeUSA for $25k no questions asked…
It’s all about demand. And in few years there will be very heavy demand for any .com available.
So how can you make money? While we still have .com’s around - go and start buying them! See if you can research some new technology that didn’t come out or become big yet (like poker was in 1996). You can buy domains much cheaper now. For $5-9/year you can own a dot.com domain. Don’t go crazy but buy 20 names that make sense. Even if you don’t sell it tomorrow, for $100/year you can hold on to almost 20 domains. If you will sell each domain for a misery average of $5,000 you will make $100,000 for your $100/year investment.
I finally learned that it works 4 years ago when I was able to sell NikeSuff.com for $17,500…Domain name that I bought for $14.99 Let’s make money! I am sure you have comments, questions, etc. - go ahead and post them and I and other users will gladly share our good and maybe bad? storied. Hey, this is what this site is for!
Make Money with Affiliate Marketing
There are millions of articles written about Affiliate Marketing on the Web. I am not going to go into details here…That would be a never-ending post. I just want to encourage everyone to try it out. If you only knew how much money some affiliate marketers are making…There are 2 ways to become an affiliate marketer: 1 - through an Affiliate Network such as Clickbank, Commission Junction, Linkshare and more. 2 - directly through a company; everyone from shoe makers, music sellers, poker sites to electronic makers, book sellers, calling cards and even auction sites like eBay and Amazon have their own Affiliate Programs. Affiliates make money by earning commissions off sales, leads, ad other actions (email sign-ups and sometimes even clicks). While Affiliate Marketing is a great way to make money and it may rank #1 way to earn money among 1000s of way to make money at home and on-line, it is not a very easy way. But it is a way with potentially more income than 50% of full-time jobs that I know of.
To be successful in Affiliate Marketing you must learn new skills. After all, you, in a nutshell, will have to online or regular Marketing. If you are a beginner, I recommend signing up to Amazon Associates and eBay Affiliate programs - you don’t get a very high commission but you have access to any product you want and can trying pushing everything from books to iPods, from sneakers to watches, from liquor to clothes, etc.
Say that you have no Money to invest into Email or Web Marketing programs and you have no money to build a website…How can you start? There are 100s of Free Blog platforms. Blogger.com, WordPress.com, TypePad.com, LiveJournal.com, Thoughts.com, ClearBlogs.com and many more offer absolutely free Blog space. You don’t need to know anything about making a website. You just blog about anything you want and insert HTML code that you can retrieve in your affiliate account into your blog in the middle of your writings. Then you promote your blog on free sites, email link to your friends and ask them to email it to other people as well. This is the most primitive way but this will give you a chance to start making money with affiliate marketing.
This is not the end of this post. I will be adding new Marketing tools used to making revenue with Affiliate programs. Stay tuned…
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