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

Real estate can be a terrific way to generate money while you sleep. But since it costs a lot to buy a house, using a crowdfunding system to invest in property can be a more affordable option.

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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 real estate investment trusts.

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

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

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

Dividend income is money paid to shareholders 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. .

If you're going to go this route, ensure 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 3-8percent range, investing money using a company like Lending Club can get you a lot higher income results than a common savings or money market account.

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If you are looking for a lower risk option, have a look at Worthy. They provide $10 bonds and cover a 5 percent return. One unique thing about these is that your money is liquid, so you can take it out at anytime.

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

The less money youre paying in interest to lenders, the more click here to read money you have in your pocket each month. Talk about a very simple kind of passive income. Getting out of debt fast can increase your income even more try this since youre no longer paying interest to lenders each month.

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One way to speed up your debt payoff is to lower your interest rate. If you have high-interest debt that you want to find a lower interest rate on, 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 way to make passive income Then look at opening browse around this site a high-yield savings account with an online bank like CIT Bank that pays 19 times more than traditional banks. CIT is currently are paying 1.55% which is unreal.

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

Once the initial task of creating the publication is done, selling novels can be a great method to create some serious residual income.

Once your book is available on a website like Amazon, you could get a check every month for doing 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 earn.

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Have you got an excess room which you seldom use Why not rent it out to someone looking for a temporary rental on Airbnb.  Millions of individuals use Airbnb to find somewhere to stay instead of staying in a hotel, sometimes even for months at a time.

You can hire a maid service to clean and prep the room after a guess 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 bedrooms.

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

In case you dont have a website, you can start one for less than $3/month. Thats the cost for getting a website sponsor 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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