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

Real estate crowdfunding sites enable you to invest in property without all the headaches that typically go along with owning property. You dont have any of this work, you merely invest and take on some of the risk.

There are countless real estate crowdfunding websites and there are many different kinds. Some allow you to invest in commercial properties. Others may specialize in large rental properties and communities. Others may concentrate on smaller properties which are being flipped.

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

REITs (Real Estate Investment Trust) provide another means to invest in real estate without the hassle of being a landlord. The REIT owns income-producing property such as office buildings, apartment complexes, shopping malls, or resorts. REITs make it feasible to invest in property on a tiny scale, and to earn a share of the income generated. .

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 get started with real estate investing, REITs can be an excellent option.

Obviously, another option for investing in real estate would be the excellent old fashion rental property. You could buy a condo, single-family home, or multi-unit property.

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Owning rental properties can be a great source of income, however whether or not it is really passive will probably depend on a few aspects. The more properties you own and also the more tenants you manage, the longer you'll need to put into it. If you want it to Recommended Site be a passive investment that 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 actually giving them a card or access for 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 piggybacking from your payment history.

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If youve never heard of selling/renting tradelines before it probably sounds absurd and dangerous. The first concern generally involves putting yourself at risk for adding an authorized user that you dont know and hope. However, the process only involves adding the consumer to a account, the card will be sent to your own address and you can ruin it.

However, there's still some risk involved. The threat involves the chance of your charge card account being shut by the issuer, because in many cases this will be violating the conditions. Its not illegal, but it will violate the details of the charge card companies, so they may close your account if they know you're doing it. .

Its definitely not for everyone, but some people are making good money with very little work. If you want to learn more I recommend reading this thread at 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 can provide 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 with a credit card, hitting $500 in 3 months is simple. .

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Nowthis isnt something that you can do all of the time, but you can sign site here up for a new credit card two a year, depending on your situation. Ive made hundreds of dollars 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.