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job's tears
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gum drop
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Rib-Eye
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legit passive income ideas to make money while you sleep [2019]
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make money
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passive income ideas
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home > make money
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best passive income ideas in 2019
2019
november 12
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do you know what that feels like
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i knew that i wanted more freedom and the idea of passive income became very appealing
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this pursuit led me to start this blog where i now make six figures
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if you want to learn legit ways to make passive income then keep reading
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what is passive income
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passive income ideas
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dividend income
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peer-to-peer lending
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get out of debt
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rent out a room
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write a book
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affiliate marketing
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lead generation website
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sell products on amazon
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create an online course
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create youtube videos
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start a business
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license your photos
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create a mobile app
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put ads on your car
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buy an online business
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buy a laundromat
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open a batting cage
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product design
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cd laddering
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rent your stuff
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summary
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what is passive income
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passive income is where you get paid over and over again
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i now have multiple income streams that are passive
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passive income ideas
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by choosing the right type of passive income
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there are so many opportunities out there to make residual income in network marketing
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however
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it was not as glorious as i thought it would be
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since it costs so much to purchase a home
make over $300
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company that i came across is called fundrise
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now you can invest in farmland
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check out acretrader which will let you invest in farmland
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in addition to investments that have between an 8%- returns
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it is worth noting that this is only available to accredited investors
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start investing
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dividend income
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if you are going to go this route
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if you don't have an investment account
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this is awesome because many brokers charge around $
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open an account at ally invest
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peer-to-peer lending
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peer-to-peer lending is when you loan other people money who don't qualify
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initially i tried a higher risk option called lendingclub
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this means if
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get started
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get out of debt
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check out our review of credible here
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check rates
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are you looking
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cit bank that pays 19 times more than banks and they are currently are paying up to which is unreal
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they have a $ minimum to open and there are no monthly service fees
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read our cit bank review here
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rent out a room
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my friend steve and his wife make over $
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related post: how to make money
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write a book
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once the initial work of creating the book is done
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i actually wrote a book called you can retire early where i get a royalty
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affiliate marketing
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service and you get the credit
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lead generation website
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another way to make passive income is to create a lead generation website. lead generation websites exist to give referrals to local businesses
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so
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sell products on amazon
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do you shop on amazon? most of the world does too
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a person visits your site and orders a product
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create an online course
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fills a need
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you get money
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create youtube videos
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it can take a lot of time up front
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start a business
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license your photos
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create a mobile app
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every app on your phone is making money
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while these are the exceptions
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put ads on your car
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check out wrapify to see how you might be able to make passive income by wrapping your car
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buy an online business
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buy a laundromat
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here's another turnkey passive income business idea. many cities have established laundromats that are available
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buy the already existing business
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make sure that you have someone to manage the day-to-day operations
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then “soak up” the profits
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open a batting cage
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i am shocked by the lack of batting cage facilities. baseball is one of the most popular sports
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something to be aware of
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product design
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cd laddering
2019
related: 12 best cd rates in
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rent your stuff
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extension ladders
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tables and chairs
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utility trailers
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log splitters
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chainsaws
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snowmobiles
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atv's
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you can even rent out your car when you are not using it
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just make sure that you have a proper rental agreement signed by both parties. also
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this will help you to protect the property you're renting out
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summary
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so if you're tired of the way of making money
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author
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deacon hayes
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deacon has been featured in many news publications including yahoo finance
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he is also the author of you can retire early!: everything you need to achieve financial independence when you want it
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