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

Real estate can be a great way to generate money while you sleep. However, because it costs a lot to purchase a home, using a crowdfunding system to invest in property can be a less expensive option.

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

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

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Although they promote an option to begin with $500, once you enroll free of charge you can navigate their offerings. They actually have a Student Housing REIT which has a minimum investment of $5.

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

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

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If you're going to go this route, be certain you educate yourself and pick solid stocks so you can depend on for dividend income for many years to come.

Peer-to-peer lending is when you loan additional people 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 much higher 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 site here percent return. One unique thing about these is that your money is liquid, which means you can take it out at anytime.

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This means if for some reason you need your money back, you are able to access it quickly and easily.

The less money youre paying in interest to creditors, 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 since youre no longer paying interest to creditors every month.

One way to boost your debt payoff would be to decrease your interest rate. If you have high-interest debt you want to get a lower interest rate on, have a look at Credible, which offers loan amounts as low as 4.99% for refinancing your credit card debt.

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Are you looking for a low-risk way to make check here passive income Then look at opening a high-yield savings account with an online bank like CIT Bank that pays 19 times greater than traditional banks. CIT is currently are paying 1.55percent which is unreal.

Although this wont make you filthy rich, it'll be a safer way to make 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 create some serious residual income.

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

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

You have a peek at these guys can hire a maid service to clean and prep the room after a guess leaves. This will eliminate work on your end and make it truly passive income. My friend Steve and his wife make over $1000 per month renting out their bedrooms.

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If you have a website already then this really is a no-brainer.  Some people are making over $50,000 a month just like Michelle who teaches others how to make 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 site host a company that stores your website on servers so it can be viewed on the Internet.   Click here to get special pricing of $2.95/month using Bluehost.

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