Invest in crowdfunded real estate
It’s low cost and good if you plan to invest in real estate. You don’t have to worry about people living in the houses and paying a mortgage. You also don’t have to worry about repairs. It costs as low as 500$ to start making money. Obviously the more you invest the more you make. You can also reinvest what you make right away and make even more.
It’s money paid to shareholders of stocks. It’s especially enticing for those wanting a passive income. You can trade as low as 3.95$ but it’s usually around 10$.
Peer to peer lending
This is when you lend other people money who don’t qualify for traditional financing through a company. You can get a return between 3%-8%. You get much more then a typical savings account. Unfortunately it can take 2-5 years for the return.
Open a High-Yield Account
Online banks tend to pay more. It won’t make you crazy rich but it will make you some passive money.
Write a book
Once the initial work of making a book is done. Selling the book can be an amazing way to produce a serious income. You can get 10% royalty. Once a book has gotten on Amazon you can get a check each month for doing nothing.
Rent out a room in your house
You can do a short term and you can make over 1,000$ per month.
If you have a website already then this is a great way to make money. Some people are making over 50,000$ monthly.
Create a lead generation website
Lead generation websites exist to give referrals to local businesses. You create a website focusing on the businesses have a link to contact you for any questions. You can then refer them to the company in their area. They would pay you for the lead. You could also pay for advertisers on your site.
Create an online store with drop shipping
Create an online store that offers products from certain manufacturers. A person visits your site and orders a product and your system sends the order to the specific manufacturer. The manufacturer completes the order shipping it directly to the customer.
Cash Back Earnings with rewards shopping sites
You can earn even more money to shop at certain online retailers.
Create an online class
Create an online course that helps solve a problem of fills a need. Customers sign up to purchase the course, and your system automatically e-mails them everything they need to access the materials. You get the money for the price of the course.
Buy a vending machine business
Find places to install vending machines. Contact businesses that have over 100 workers on a daily basis. Ask workers items they prefer so you can sock them. If you want to reduce hours hire someone to stock the machines.
Send your photos to shuttershock and if they get approved. Each time someone downloads one of your pictures you get a royalty.
Rent your car for ad space
You have to be a safe driver. You would be allowing companies to place advertisements on your car windows. You an earn a few hundred dollars each month.
Designing t-shirt designs or other products. Some sites allow you to upload your witty design ideas. If someone purchases one of your designs you get a portion of the profits. They handle everything else.
Rent Your Stuff
Thousands of people are looking to rent many different items like ATVS, Snow mobiles, Chain saws, Utility trailers, party tents, ect. Make sure you have paper rental agreement with both parties signatures and a copy of current photo ID.
Create a membership community
It’s where you pay a monthly fee to receive additional high-quality content and information not available to non-members.
Create a website then turn around and sell it.
Invest in stocks or shares
Becoming a stock holder. Keep in mind that stocks you invest in can change throughout various stages of life.
Get a job that pays you to sleep
Either you can take part in sleep studies or test mattresses and bedding.
I hope you are able to find one of these strategies useful. Try one or all. Most of them won’t make you rich but will make you some money. If you do them all you will make money pretty quickly.