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

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

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

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This is a very popular investment since so many men and women want to invest in real estate but simply dont have the time or desire to become a landlord. In addition, in many cases you can begin with a rather small investment.

REITs (Real Estate Investment Trust) provide 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 resorts. REITs make it possible to invest in property on a tiny scale, and to earn a share of their income produced. .

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 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 option.

Of course, another option for investing in real estate would be the excellent old fashion rental property. You could purchase a condo, single-family homeor multi-unit property.

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Owning rental properties can be a fantastic source of income, however if not it is truly passive will depend on a couple of aspects. The more possessions you own and also the further tenants you manage, the longer you will need to put into it. If you want it to be a passive investment that the Recommended Site 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 to your account) and be paid to do it. Individuals that are looking to improve their credit rating can get a boost in their score by simply piggybacking from your payment history.

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If youve never heard of selling/renting tradelines until it likely sounds absurd and dangerous. The first concern usually involves putting yourself at risk 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 address and you can ruin it.

But, there's still some risk involved. The threat involves the possibility of your credit card account being closed by the issuer, because in many situations this will 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 folks 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 information from a guy who is making a few thousand dollars per month with this and its very passive. .

One of my favorite, easy ways to make 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. As an 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 easy. .

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Now, this isnt something which you can perform all of the time, but you can sign up for a new credit card or two a year, depending on your situation. Ive made hundreds of dollars each of the past two or three 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.

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