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P2P lending can be a bit risky, but there's potential for a fairly good return on your investment. If youre interested you should take some time to educate yourself and make sure that you understand all of the details. Peer-to-Peer Lending 101 from Great Financial Cents is an excellent starting point. .

Real estate crowdfunding websites allow you to invest in real estate without all the headaches that usually go along with owning property. You dont have any of this job, you simply invest and take on a few of the risk.

There are countless real estate crowdfunding sites and there are several different types. Some allow you to invest in commercial properties. Others may specialize in big rental properties and communities. Others might focus on smaller properties which are being flipped.

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This is a really popular investment because so many people want to invest in real estate but dont have the time or desire to become a landlord. In addition, in many instances you can get started with a rather modest investment.

REITs (Real Estate Investment Trust) offer another means to invest in property without the hassle of being a landlord. The REIT owns income-producing real estate like office buildings, apartment complexes, shopping malls, or hotels. REITs make it feasible to invest in property on a small scale, and also to earn a share of the income produced. .

There are several different kinds of REITs. Some are publicly traded on a stock exchange, and some are not. REITs might also be in the form of mutual funds or ETFs.

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If youre looking for an easy way to start with real estate investing, REITs can be an excellent choice.

Of course, another option for investing in real estate is the good old fashion rental home. You could purchase a condo, single-family homeor multi-unit home.

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Owning rental properties can be a fantastic source of income, however whether or not it is truly passive will probably depend on a few aspects. The more properties you own and the more tenants you manage, the longer you will Get More Information need to put into it. If you want it to be a passive investment the best option is to hire a property manager. .

Here's a potentially rewarding passive income source that could be completely new to you. You can add authorized users for your own credit cards (without really giving them a card or access to your account) and be paid to do it. People that are looking to boost their credit rating can get a increase in their score by simply piggybacking off of your payment history.

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If youve never heard of selling/renting tradelines before it likely sounds ridiculous and dangerous. The first concern generally involves putting yourself in danger for adding an authorized user that you dont know and hope. However, the process only involves adding the user to your account, the card will be sent to your own address and you can destroy it.

But, there is still some risk involved. The risk involves the chance of your charge card account being closed by the issuer, because in most situations this will be violating the terms. Its not illegal, but it does violate the terms of the credit card companies, so they can close your account if they know you're doing it. .

Its definitely not for everyone, but a few folks are making good money with hardly any effort. If you want like this to learn more I recommend reading this thread in Mr. Money Mustache for tons of details from a guy who's making a few thousand dollars per month with this and its very passive. .

One of my favorite, simple ways to earn money is by way of credit card bonuses. Many credit cards will give you a bonus just for signing up and for making a minimum amount of purchases on the card during an introductory period. For example, right now Chase is offering a $150 bonus if you sign up for a Chase Freedom Unlimited card and spend $500 on the card within the first 90 days.  If youre like me and you make most of your purchases using a credit card, hitting $500 in 3 months is simple. .

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Now, this isnt something that you can do all the time, but you can sign up to get a new credit card or two a year, depending on your situation. Ive made hundreds of bucks each of the previous 2 or 3 years with this approach.

Don't go overboard. Opening too many new credit accounts in a brief time period can hurt your ability to get credit when you need it.