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However, youll probably still get monthly or quarterly payments, depending on which investment opportunity that you choose.6. Buy your initial investment propertyRoofstock  Investing in rental properties is one of these passive income ideas that can be particularly intimidating, particularly when it comes to finding tenants. Roofstock enables you to purchase properties with as few as 20% down which already have tenants living in them.

You dont even have to physically go to the properties!This is an perfect strategy if you live in an area where property costs are too large to realistically invest in, or you dont want the hassle and expense of traveling all over the country visiting potential properties. Plus, if you're new to single-family property investing, letting a place like Roofstock guide you through the process is a terrific way to get your toes wet.Once you buy the house, theyll set you up with one of their vetted property managers to deal with the day-to-day landlord tasks like collecting rent and scheduling maintenance.See Also: A Modern Way to Invest in Commercial Real Estate together with Equity MultipleAnother option: Consider starting your own real estate investment group.

According to Joseph Hogue, CFA in PeerFinance101.com, The common bond in most real estate investing classes is that you help each other compete against the big money players to acquire the best returns.Other Passive Income InvestmentsWhen most men and women think of investing opportunities, they think of shares, bonds, and precious metals.

Gone are the days of mountains of paperwork, higher brokerage fees and unattainable account minimums. Now you can invest on your own provisions.7. Invest in dividend paying stocksAlly Invest  The earliest of passive income thoughts, investing in stocks that pay quarterly dividends remains one of the best methods to generate cash without much work.Lets say you purchase shares of Colgate-Palmolive stock.

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Over the previous seven decades, Colgate-Palmolive has compensated between $0.34 and $0.68 per quarter for every single share owned by stockholders.Depending on your long-term investment strategy, you may want to re-invest those dividends. However, if youre strictly looking for passive income thoughts, youd also do well pocketing the cash.If youre new to investing, Ally Invest has complimentary courses you can take.

You can even have a visit site look at this list of the ideal investment apps.8. Peer-to-Peer LendingLending Club  If you want a higher than average return on your investment, and youd look at this website want to feel like youre contributing to society, Lending Club allows you to do . Lending Club requires your investment and allows people to borrow money to start businesses, consolidate debt, and pay for medical care.Heres the way Lending Club works:Open an account and transfer as small as a $0.01 minimum initial deposit.Build your portfolio: Invest in a range of loans in increments as little as 25Get paid: Receive monthly payments as debtors repay their loans99% of Lending Club investors using a 100+ note portfolios earn favorable returnsReinvest payments or withdrawProsper Like Lending Club, Prosper is also a peer-to-peer lending bunch, but it has a twist.

Again, the yield is based on the amount of danger youre willing to carry on, but I love just how transparent the platform is.For each loan, you have to see that the risk rating. The very low risk / low return AA loans yield just over 4%, and it moves all of the way down the line into the high-risk category, which can pay 30% or more.You also get to view specific details about each loan, including exactly what the borrower is using it for, the state they live in, how long the pay-off interval is, exactly what the monthly payments are, and exactly what speed the borrower will cover.

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Butonce you get these up and running, you can take your foot off the gas and really earn a living online, while you sleep.10. Affiliate marketingYouve likely heard of affiliate marketing ahead of its when you earn a commission by promoting a product. The product you market online should be something youre knowledgeable about and that you think is high quality.

You can either make an affiliate relationship with a certain company (either directly or through a commission platform such as Commission Factory, RewardStyle or ShareASale), or you can sign up as an Amazon affiliate. I recommend both!Sounds great in theory, right But how do you really get startedYoull need a site.

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Since most mattress companies cover a 5 percent commission and the average price of a decent quality mattress sold on the Internet is approximately $1,000, I would make $50 each time someone bought a mattress predicated on my recommendation.But, I need an online presence, so that I can share my knowledge and make recommendations.

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