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There are 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 make money while you sleep with something that satisfies your passion, experience, or skill-set.

Real estate can be a terrific way to generate money while you sleep. But because it costs so much to buy 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 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 as you can begin 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 browse their offerings. They actually have a Student Housing REIT which has a minimum investment of $5.

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Their goal is to make real estate investing available to everyone and that is exactly what they are doing.

Dividend income is money paid to shareholders of stocks in the form of money in your bank account. Dividend-paying stocks are particularly enticing for individuals 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 are going to go this route, ensure you educate yourself and pick solid stocks so that you can depend on for dividend income for many years to come.

Peer-to-peer lending is when you loan additional folks money who dont qualify for traditional financing. With investment returns in the 3-8percent range, investing money with 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% return. One unique thing about these is that your money is liquid, so 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 money youre paying in interest to lenders, the more money you've got in your pocket every 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 method to speed up your debt payoff is to decrease your interest rate. If you have high-interest debt you want to find a lower interest rate on, see check out Credible, which features loan rates 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 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 link 1.55% that's unreal.

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While 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 book is done, selling novels can be a great method to create some serious residual income.

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 books, the more money youll earn.

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Do you have an excess room which you seldom use Why not rent it out to someone looking for a short-term rental on Airbnb.  Millions of people use Airbnb to find a place 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 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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In case you've got a website already then this really is a no-brainer.  Some people are making over $50,000 per month just like Michelle who teaches others how to earn money online with her class this 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 site host a company that stores your website on servers so it can be seen on the Internet.   Click here to find special pricing of $2.95/month using Bluehost.

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