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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 fits your passion, experience, or skill-set.

Real estate can be a great way to make money while you sleep. But because it costs a lot to purchase a house, using a crowdfunding platform to invest in property can be a less expensive option.

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If you want an easy, low-cost method to invest in income-producing commercial property, consider using a company like Fundrise.  You only need $500 to get started 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 begin investing in real estate with as small 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 which has a minimum investment of $5.

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Their goal is to produce real estate investing accessible to everyone and that's just what they are doing.

Dividend income is money paid to investors of stocks in the shape of cash in your bank account. Dividend-paying stocks are especially enticing for those wanting to earn a living with passive income, since they will get payouts each 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 select solid stocks so you can depend on for dividend income for 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 3-8percent range, investing money using a company like Lending Club can get you much higher income results than a typical savings or money market account.

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

This means if for any reason you need your money back, you can get it quickly and easily.

The less money youre paying in interest to lenders, the more money you have in your pocket each month. Talk about a 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.

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One way to boost your debt payoff would be to decrease your interest rate. In case you've got high-interest debt you want to find a lower interest rate on, check out Credible, which offers loan rates as low as 4.99% for refinancing your credit card debt.

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

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

Once the initial task of creating the book is done, selling books can be a fantastic way to produce some serious residual income.

Once your book can be found on a website like Amazon, you could receive a you could try here check each month for doing absolutely nothing. Note that spending some time developing an effective marketing plan is vital. Obviously, the longer you spend marketing your books, the more money youll earn.

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Do you have an extra room that you rarely use Why not rent it out to someone looking for a temporary rental on Airbnb.  Millions of individuals use Airbnb to find a place to stay instead of staying at like this a resort, sometimes even for months at a time.

You 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 a month renting out their bedrooms.

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If you have a website already then this is a no-brainer.  Some folks are making over $50,000 a month like Michelle who teaches others how to earn money online with her class Making Sense of Affiliate Marketing.

If you dont have a website, you can begin 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 seen on the Internet.   Click here to get special pricing of $2.95/month using Bluehost.