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There are many opportunities out there to create residual income in network marketing. Nonetheless, 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 generate money while you sleep. However, because it costs a lot to buy a home, using a crowdfunding system to invest in real estate can be a more affordable 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 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.

Even though they promote an option to begin with $500, once you register 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 intention is to make real estate investing available to everyone and that's just what they are doing.

Dividend income is money paid to shareholders of shares in the form of cash in your bank account. Dividend-paying stocks are particularly enticing for individuals wanting to make a living with passive income, since they'll 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, make sure you educate yourself and select solid stocks so that you can depend on for dividend income for years to come.

Peer-to-peer lending is when you loan other people money who dont qualify for traditional financing. With investment returns in the 3-8% 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 provide $10 bonds and cover a 5 percent return. One unique thing about these 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, then you can access it quickly and easily.

The money youre paying in interest to lenders, the more money you've got 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 since youre no longer paying interest to creditors every month.

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One way to speed up your debt payoff would be to decrease your interest rate. In case you have high-interest debt you want to find a lower interest rate on, check out Credible, which features loan amounts as low as 4.99% to 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 more 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 create 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 method to produce some serious residual income.

Once your book can be found on a website like Amazon, you could receive a check every month for doing absolutely nothing. Note that spending some time developing an effective marketing plan is vital. Obviously, the more time you spend marketing your publications, the original source the more money youll make.

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Do you have an extra room that you rarely 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 at 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've got a site already then this is a no-brainer.  Some folks are making over $50,000 per month like Michelle who teaches others how to make money online with her class Making Sense of Affiliate Marketing.

If you dont have a web site, you can begin one for less than $3/month. Thats the price for getting a website sponsor a company that stores your site on servers so it can be seen on the Internet.   Click here to find special pricing of $2.95/month with Bluehost.