6 Most Profitable Passive Income Ideas

Mika

VIP Contributor
Vending Machine: If you set up a vending machine in a busy location, your vending machine can literally print money for you. There is no work needed except collecting your cash and filling up your machine

Print-On-Demand: You will be selling different kinds of products without actually spending money on manufacturing or sourcing, you don’t even have to package and ship the product. All you need to do is design the product and then start promoting your product listing.

Real Estate: This requires money, however, if you have money to buy properties, you can make money by collecting rents.

Rent your room or apartment through Airbnb: If you own a property, this is another way to make passive income through your property.

Invest in someone’s business: Purchase equity in a start-up or a business or buy stocks through the stock market, in both cases you make passive income.

Government bonds: Buy government bonds and securities, by doing so you will receive a passive return on your investment.
 

LoukiaCharilaou

Valued Contributor
It is true that passive income is a dream for most people and for me as well. This is because it is wonderful to earn money without making any special effort or while sleeping. Of course, in the beginning you will have to work very hard and invest time in order to enjoy these passive earnings. Regarding the 6 most profitable passive ideas you mention in your thread, they are all interesting. It is left to us to choose the one that will work for us best.
 

Carpon

Valued Contributor
Of course you have listed good passive income ideas.
With just applying the knowledge passed down from this thread one makes good cash without much effort. Like personally, I make passive income by renting my bicycle. There are a lot of kids who's parents are unable to afford a bicycle for them and they usually would love to ride one. So I do give it out to them for a certain period of time and they pay me depending on the number of hours they are allowed to use the bicycle.

Also to add on investing in someone's business, you can as well decide to buy shares with a business or company. This will in turn be given back with huge interest when the company's interest is divided among all the share holders depending on how much percentage of share you have initially bought or purchased.

You can also make such passive income by renting of properties such as canopies, cars, utensils, chairs and others. There are occasions that will come to you in need of a transport car, chairs for hosting visitors and even canopies to use as sun shed. You can easily purchase such and rent out to this in need and without having to move your feet, you make passive income.
 

Jasmine

VIP Contributor
wouldn't classify government bonds as the most profitable passive income idea but it is of course one of the least risky passive income methods. You will receive guaranteed return on your investment for the bond's tenure. Real estate is also one of the least risky passive income method. If you have a house, and if you can rent a flat or even 1-2 rooms, you can generate passive income. The best thing about rental income is you do not have to make additional investment to generate income. However, even when you do not have a property, you can buy a property just to rent out and earn passive income. If you do not have money, you can even use a bank loan to buy property. The rental income can cover mortgage fees. By the way you can also start a small business and start generating passive income, for instance print-on-demand business.
 

Yugocean

Valued Contributor
Vending machine needs security too if it is put at crowded location where there is no security, otherwise such machines only work is heavy secure areas like Airport. You cannot leave your machine on luck.

Renting your room might work if you take care of the tenant, and have a contract, and keep checking regularly, otherwise tenant might try to grab the property, there are nomany court cases on such.

Real estate is not doing much nowadays, it might take some time, but many investors were in losses for diffrent reasons, especially when developers and corrupt authorities involve too much You need to know the developer wery well, and have proper scheme

Print on demand is more active than passive, you still need active involving.
 
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