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

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

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

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This is a very popular investment since so many people want to invest in real estate but simply dont have enough time or want to be a landlord. Also, in many cases you can get started with a relatively small investment.

REITs (Real Estate Investment Trust) offer another way to invest in real estate without the hassle of being a landlord. The REIT owns income-producing real estate like office buildings, apartment complexes, shopping malls, or hotels. REITs make it feasible to invest in real estate on a small scale, and to earn a share of the 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 kind of mutual funds or ETFs.

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If youre looking for an easy way to get started with real estate investing, REITs can be an excellent choice.

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

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Owning rental properties can be a great source of income, however whether or not it is really passive will depend on a few aspects. The more possessions you own and also the more 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 that may be totally 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. Get the facts People who are looking to improve their credit rating can get a boost 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 in danger for adding an authorized user that you dont know and trust. However, the procedure only involves adding the consumer to your account, the card will be sent to your address and you can ruin it.

But, there is still some risk involved. The risk involves the chance of your charge card account being shut by the issuer, because in most cases this is going to be violating the conditions. Its not illegal, however it does violate the terms of the credit card companies, so that they may close your account if they know you're doing it. .

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

One of my favorite, simple ways to make money is through credit card bonuses. Many credit cards will provide you a bonus learn this here now 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 the majority of your purchases using a credit card, 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 dollars each of the past 2 or 3 years with 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.