Consider These 15 Best Residual Income Ideas

These residual income ideas are perfect if you need money now or want to earn extra money in the long term.

If you not familiar with residual income? This story will break down what you need to know about residual income and how you can start to build it.

Residual income means that you make money after you’ve done the initial work. You have invested time, money, or both.

What is Residual Income?

With peer-to-peer (P2P) lending, you can loan your money to people, your peers. They will pay you back with interest.

1. Peer-to-Peer Lending

Real estate investing is great because you get a steady stream of side income with many potential upsides. 

2. Invest in Real Estate

3. Invest in REITs

REITs are companies that invest in real estate, and you can get a share of their rental income.

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