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P2P lending can be a bit insecure, but there's potential for a pretty good return on your investment. If youre interested you should take some opportunity to educate yourself and ensure you understand all of the particulars. 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 work, you simply invest and take on a few of the risk.

There are countless property crowdfunding websites and there are several different kinds. Some allow you to invest in commercial properties. Others may specialize in large rental properties and communities. Others might focus on smaller properties that are being flipped.

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This is a very common investment since so many men and women want to invest in real estate but simply dont have the time or want to be a landlord. Also, in many instances you can begin with a rather modest investment.

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

There are many different kinds of REITs. Some are publicly traded on a stock exchange, and a few are not. REITs might also be in the kind 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 would be the good old fashion rental home. You can buy a condo, single-family home, or multi-unit home.

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Owning rental properties can be a fantastic source of income, however if not it is truly passive will probably depend on a few factors. The more possessions you own and also the more tenants you manage, the Get More Info more time you will 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 which could be completely new to you. You can add authorized users to your own credit cards (without actually giving them a card or access for your account) and be paid to do it. Individuals that are looking to boost their credit score can find a increase in their score by piggybacking from your payment history.

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

But, there's still some danger involved. The risk involves the chance of your credit card account being shut by the issuer, because in most cases this is going to be violating the terms. Its not illegal, but it will violate the terms of the credit card companies, so they can close your account if they know you are doing it. .

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

One of my favourite, easy ways to make money is through credit card bonuses. Many credit cards will this website provide you a bonus just for signing up and for making a minimum amount of purchases on the card during an introductory period. For instance, 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 with a credit card, then hitting $500 in 3 months is easy. .

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Nowthis isnt something which you can do all of the time, however you can sign up for a new credit card or two a year, depending on your situation. Ive made hundreds of bucks all the past 2 or 3 years using this approach.

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