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

Real estate crowdfunding websites allow you to invest in real estate without all the headaches that typically go along with owning real estate. You dont have any of the work, you simply invest and take on some of the threat.

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There are countless real estate crowdfunding sites and there are several different kinds. Some let you invest in commercial properties. Others may specialize in big rental properties and communities. Others may concentrate 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 dont have enough time or desire to be a landlord. Also, in many cases you can begin with a relatively modest 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 such as office buildings, apartment complexes, shopping malls, or resorts. REITs make it feasible to invest in property on a small scale, and also to earn a share of the income produced. .

There are several different kinds of REITs. Some are publicly traded on a stock exchange, and a few are not. REITs may also be in the kind 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.

Of course, another option for investing in real estate is your excellent old fashion rental property. You could purchase a condo, single-family residence or multi-unit home.

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Owning rental properties can be a fantastic source of income, however if not it is truly passive will probably depend on a couple of factors. The more possessions you own and also the further tenants you manage, the more time you will need to put into it. If you want it to be a passive investment the best option is to hire a property manager. .

Here is a potentially lucrative passive income source which could be completely new to you. You can add authorized users to your credit cards (without actually giving them a card or access to your account) and be paid to do it. People Find Out More that are looking to improve their credit rating can find a increase in their score by piggybacking off of your payment history.

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If youve never heard of selling/renting tradelines before it probably sounds ridiculous and dangerous. The first concern generally involves putting yourself at risk for adding an authorized user which you dont know and trust. But the procedure only involves adding the consumer to your account, the card will be sent to your address and you can destroy it.

But, there's still some danger involved. The risk involves the possibility of your charge card account being closed by the issuer, because in many situations this will be violating the conditions. browse around these guys Its not illegal, but it does violate the details of the credit card companies, so they can close your account if they know you're doing it. .

Its definitely not for everyone, but a few folks are making excellent money with very little effort. If you want to learn more I recommend reading this thread at Mr. Money Mustache for tons of information from a man who's making a few thousand dollars per month with this and its quite passive. .

One of my favorite, easy ways to earn money is through credit card bonuses. Many credit cards will give 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, then hitting $500 in 3 months is simple. .

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Now, this isnt something which you can do all the time, however you can sign up for a new credit card two a year, depending on your situation. Ive made hundreds of dollars each of the previous 2 or 3 years using their website 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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