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There are many opportunities out there to make residual income in network marketing. However, this is NOT one of those shady things. All these are legit ways for you to make money while you sleep using something that fits your passion, experience, or skill-set.

Real estate can be a terrific way to generate money while you sleep. However, because it costs so much to purchase a house, using a crowdfunding platform to invest in property can be a more affordable option.

If you want an easy, low-cost way to invest in income-producing commercial real estate, consider using a company like Fundrise.  You only need $500 to begin and you can invest in more than 48 real estate products through property investment trusts.

Another company to consider is Rich Uncles as you can start investing in real estate with as little as 5.

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Even though they promote an option to begin with $500, once you register free of charge you can navigate their offerings. They really have a Student Housing REIT that has a minimum investment of $5.

Their goal is to make real estate investing available to everyone and that is exactly what they're doing.

Dividend income is money paid to investors of shares in the form of cash in your bank account. Dividend-paying stocks are especially enticing for those wanting to make a living with passive income, as they will get payouts every quarter or so. Even Warren Buffet historically is a fan of dividend-paying stocks. .

7 Easy Facts About Passive Income In Puerto Rico - Passive Income Ideas Described


If you are going to go this route, be sure that you educate yourself and select solid stocks so you can depend on for dividend income for many years to come.

Peer-to-peer lending is when you loan other folks money who dont qualify for traditional financing. With investment returns in the 3-8% range, investing money with a company like Lending Club can get you a lot greater income results than a common savings or money market account.

If you're looking for a lower risk option, check out Worthy. They offer $10 bonds and cover a 5 percent return. One unique thing about them is that your money is liquid, so that you can take it out at anytime.

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This means if for any reason you need your money back, then you are able to get it quickly and easily.

The money youre paying in interest to lenders, the more money you've got in your pocket each month. Talk about a very simple form of passive income. Getting out of debt fast can increase your income even more because youre no longer paying interest to creditors every month.

One method to boost your debt payoff is to decrease your interest rate. In case you've got high-interest debt you want to find a lower interest rate on, Read Full Article check out Credible, which offers loan amounts as low as 4.99% to refinancing your credit card debt.

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Are you looking for a low-risk method to produce passive income Then consider opening a high-yield savings account with an online bank such as CIT Bank that pays 19 times more than traditional banks. CIT is currently are paying 1.55% which is unreal.

Although this wont make you content filthy rich, it'll be a safer way to create consistent income and not lose your money since CIT FDIC insured.

Once the initial work of creating the publication is done, selling novels can be a great way to produce some severe residual income.

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Once your book can be found on a site like Amazon, you could get a check every month for doing nothing. Note that spending some time developing an effective marketing plan is essential. Evidently, the longer you spend marketing your publications, the more money youll make.

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Do you have an excess room which you rarely use Why not rent it out to someone looking for a short-term rental on Airbnb.  Millions of people use Airbnb to find a place to stay instead of staying at a hotel, sometimes even for months at a time.

You can hire a maid service to clean and prep the room following link a suspect leaves. This may eliminate work on your end and make it truly passive income. My friend Steve and his wife make over $1000 a month renting out their spare bedrooms.

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In case you've got a site already then this really is a no-brainer.  Some people are making over $50,000 per month just like Michelle who teaches others how to earn money online with her course Making Sense of Affiliate Marketing.

In case you dont have a web site, you can start one for less than $3/month. Thats the price for getting a website host a company that stores your website on servers so it can be viewed on the Internet.   Click here to find special pricing of $2.95/month using Bluehost.

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