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There are many opportunities out there to create residual income in network marketing. However, this is NOT one of these 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 make money while you sleep. However, because it costs so much to purchase a home, using a crowdfunding system to invest in real estate can be a less expensive option.

If you want an easy, low-cost method 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 property investment trusts.

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

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

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

Dividend income is money paid to shareholders of stocks in the form of money in your bank account. Dividend-paying stocks are especially 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 sure that you educate yourself and select solid stocks so 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 using a company like Lending Club can get you much greater income outcomes than a common savings or money market account.

If you're looking for a lower risk option, check out Worthy. They provide $10 bonds and pay a 5% return. One unique thing about these is that your money is liquid, which means you can take it out at anytime.

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This means if for some reason you need your money back, then you are able to 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 very simple form of passive income. Getting out of debt fast can increase your income even more because youre no longer paying interest to lenders each month.

One method to speed up your debt payoff is to decrease your interest rate. If you've got 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 produce passive income Then look at opening a high-yield savings account with an online bank like CIT Bank that pays 19 times greater than traditional banks. CIT is currently are paying 1.55percent which is unreal.

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

Once the initial task of creating the publication is done, selling books can be a great way to produce some severe residual income.

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Once your book is available on a site like Amazon, you could receive a check each month for doing absolutely nothing. Note that spending her latest blog some time developing an effective marketing plan is essential. Evidently, the more time you spend marketing your publications, the more money youll earn.

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Do you have an extra room that you seldom 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 in a hotel, sometimes even for months at a time.

You can hire a maid service to clean and prep the space 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 per month renting out their bedrooms.

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If you have a site already then this really is a no-brainer.  Some folks are making over $50,000 a 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 web site, you can start one for less than $3/month. Thats the price for getting a site host a company that stores your website on servers so that it can be seen on the Internet.   Click here to find special pricing of $2.95/month using Bluehost.

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