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P2P lending can be somewhat insecure, but there is potential for a pretty good return on your investment. In case youre interested you should take the time to educate yourself and ensure you understand all of the details. Peer-to-Peer Lending 101 from Great Financial Cents is an excellent starting point. .

Real estate crowdfunding websites enable you to invest in real estate without all the headaches that usually go along with owning real estate. You dont have any of this work, 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 let you invest in commercial properties. Others may specialize in big rental properties and communities. Others may 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 dont have the time or desire to be a landlord. Also, in many cases you can begin with a relatively small investment.

REITs (Real Estate Investment Trust) offer another way to invest in property 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 property on a small scale, and to earn a share of the income generated. .

There are many different types of REITs. Some are publicly traded on a stock exchange, and a few are not. REITs may 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.

Obviously, another option for investing in real estate is the excellent old fashion rental property. You could purchase 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 really passive will probably depend on a few factors. The more possessions you own and also the more tenants you manage, the more time you'll need to put into it. If you want it to be a passive investment that the best option is to hire a property manager. .

Here is a potentially lucrative passive income source which may be totally new to you. You can add authorized users to your own credit cards (without actually giving them a card or access to your account) and be paid to do it. Individuals who are looking to improve their credit rating 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 until it probably sounds absurd and dangerous. The first concern usually involves putting yourself at risk for adding an authorized user which you dont know and hope. But the process only involves adding the user to a account, the discover this info here card will be sent to your own address and you can ruin it.

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

Its definitely not for everyone, but some people are making excellent money with hardly any effort. If you want to learn more I recommend reading this thread in Mr. Money Mustache for tons of details from a man who is making a couple thousand dollars per month with this and its quite passive. .

One of my favorite, easy ways to earn money is by way of credit card bonuses. Many credit cards will give you a bonus Get More Info just for signing up and for making a minimum amount of purchases on the card during an introductory you can look here 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, then hitting $500 in 3 months is easy. .

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Nowthis isnt something that you can do all the time, but you can sign up to get a new credit card two a year, depending on your situation. Ive made hundreds of bucks each of the past two or three years using 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.