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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 ways for you to earn money while you sleep using 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 house, using a crowdfunding system to invest in property can be a more affordable option.

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If you want an easy, low-cost way 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 just as little as $5.

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

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

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

If you are going to go this route, make sure 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 additional folks 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 greater income results than a common 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% 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, you can access it quickly and easily.

The less 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 quickly can increase your income even more since youre no longer content paying interest to creditors each month.

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One way to boost your debt payoff is to lower your interest rate. In case you've got high-interest debt you want to get a lower interest rate on, have a look at 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 like 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 publication is done, selling books can be a fantastic way to create some serious residual income.

Once your book is available on a website like Amazon, you can get a check each month for doing absolutely nothing. Note that spending some time developing an effective marketing plan is essential. Evidently, the more time you spend marketing your books, 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 temporary 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 room after a guess leaves. This may eliminate work on your end and make it truly passive page 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 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 begin 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 viewed on the Internet.   Click here to get special pricing of $2.95/month using Bluehost.