Passive income ideas that I can see myself doing.
There are a lot of ways to make passive income these days. Some are more passive than others. And not every income method is suitable for each person. Here are some ideas that I can actually see myself doing.
1. Partner in a company
Although I don't have a lot of capital, I like the idea of taking a small percentage of gross receipts for helping to fund the start-up or expansion. Sort of like buying stock but more direct.
2. Affiliate programs
I have a Wordpress account but have never really thought about monetizing it. I should look into it more.
3. Advertising on my car
I've decided that I don't have what it takes to be a landlord and I don't have the resources to hire a property manager. REITs might be another way to invest in dirt.
5. Pet Sitting
Less passive than some others, but since I already have pets this could work. Plus you can sometimes combine pet sitting and house sitting.
6. Royalty Exchange
Another area that needs more research. I like the idea of collecting Royalty.
7. Create a course.
Effort up front but once it is created, it can sell over and over again.
8. Write a book.
Same idea as a course.
9. Sell stock photos
Can you take a good picture? Do you already have some good photos?
10. Start a vending / ATM route.
Some up front investment, but afterwards a few hours a week.