Digital Property Rental Business Success Stories [2024]
Ever considered renting out digital properties for a steady income stream? A digital property rental business could be the ideal venture. In simple terms, this business involves purchasing or developing digital assets like domain names, websites, and virtual real estate, and then leasing them to individuals or businesses.
With more companies and entrepreneurs looking to establish a robust online presence, the demand for premium digital properties is on the rise. Imagine earning rental income while providing valuable online spaces that help others grow their businesses.
Getting started involves acquiring valuable digital assets and marketing them effectively to potential lessees. It’s an investment of time and money, but the returns can be substantial as the digital landscape continues to expand. If you're ready to capitalize on the ongoing digital transformation, a digital property rental business presents a lucrative opportunity.
In this list, you'll find real-world digital property rental business success stories and very profitable examples of starting a digital property rental business that makes money.
1. Website Rental Coaching ($504K/year)
The daily workload at his 9-5 job at General Electric as an HR left Luke unfulfilled from his career, and while he was searching for a profitable side gig, he realized that websites are like digital properties. With a top-ranking lead generation website, he could rent it to local businesses and earn a steady monthly income. Luke quit his job at the 6-month mark and hit six figures by the one-year mark of starting this business.
How much money it makes: $504K/year
How much did it cost to start: $8K
How many people on the team: 0
Luke Van Der Veer's Website Rental Coaching business teaches people how to create passive income by renting lead generation websites to local businesses, which has helped him generate $42,000 per month as of April 2022.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
