20 methods of passive income ?
Here are 20 methods for generating passive income:
Rental properties: Owning and renting out real estate is a popular method for generating passive income.
Dividend stocks: Owning stocks that pay dividends can provide a reliable source of passive income.
Peer-to-peer lending: Lending money through a platform like LendingClub can provide passive income from interest payments.
Bond investments: Investing in bonds can provide regular income through interest payments.
REITs: Real Estate Investment Trusts (REITs) allow investors to own a share of income-producing real estate without the hassle of property management.
Stock market investments: Investing in the stock market can provide passive income through dividend payments and capital gains.
Crowdfunding: Investing in crowdfunded real estate or other projects can provide passive income through dividends or profit-sharing.
Affiliate marketing: Promoting other people's products or services and earning a commission on sales can be a form of passive income.
E-commerce: Selling products online through platforms like Amazon or Etsy can provide passive income.
Digital products: Selling digital products like e-books, courses, or software can provide passive income.
Rental income from equipment or vehicles: Renting out equipment or vehicles can provide passive income.
Licensing intellectual property: Licensing patents, trademarks, or copyrighted materials can provide passive income.
Franchise ownership: Owning a franchise can provide passive income from franchise fees and ongoing royalties.
Advertising revenue: Generating ad revenue through a blog, podcast, or YouTube channel can be a form of passive income.
Create an app: Developing a mobile app that generates revenue can provide passive income.
Peer-to-peer car sharing: Renting out your car through platforms like Turo or Getaround can provide passive income.
Sell stock photography: Selling photos on platforms like Shutterstock or iStock can provide passive income.
Royalties from books or music: Earning royalties from book or music sales can provide passive income.
Storage unit rentals: Owning and renting out storage units can provide passive income.
Real estate crowdfunding: Investing in real estate crowdfunding can provide passive income through dividends or profit-sharing
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