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

Real estate can be a great way to generate money while you sleep. But since it costs a lot to purchase a home, 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 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 property investment trusts.

Another company to consider is Rich Uncles as you can begin investing in real estate with just 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 make real estate investing available to everyone and that is just what they're doing.

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

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If you are going to go this route, make certain that you educate yourself and select solid stocks so that 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 higher income results than a typical savings or money market account.

If you are looking for a lower risk option, have a look at Worthy. They offer $10 bonds and cover a 5% 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, you can get it quickly and easily.

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

One way to speed up your debt payoff would be to lower your interest rate. In case you've got high-interest debt that you want to find a lower interest rate on, check out Credible, which features 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 passive income Then look at 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% that's unreal.

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 work of creating the publication is done, selling books can be a fantastic way to create some severe residual income.

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Once your book is available on a website like Amazon, you could receive 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 make.

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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 space following 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 bedrooms.

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If you have a site 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 begin one for less than $3/month. Thats the price for getting a recommended you read site 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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