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How would you feel if you could make money in your sleep? Who wouldn’t want to make money while they sleep? Imagine waking up each morning with more money in your bank account than when you went to sleep? And not just pennies added to your bank more like respectable payouts. I know it sounds like a dream but believe it or not this is actually a reality for some people.
Here are some ways to make money while you sleep.
Invest In Real Estate
Investing in real estate is a great way to earn passive income. The only drawback is the capital investment needed to get started. When you own real estate you have the option to hold onto the property while the value appreciates or rent out the property to tenants for a monthly income. Whats even better is if you don’t want to deal with tenants you can easily hire a property management company to do that for you and just collect rent month after month while you sleep. You will be well on your way to becoming a millionaire if you take this route and accumulate a rental property portfolio. A good book I recommend for anyone interested in getting started in real estate investing is “The Millionaire Real Estate Investor“ by Gary Keller.
Investing In Dividend’s
You can make money while you sleep if you invest in a stock that has a dividend payout. You can research particular stocks to invest in or invest in an index fund that pays dividends.
Start An Ecommerce Site
Create or find digital and physical products to sell online! Starting your own online business is a good way to earn money while you sleep. Platforms such as Shopify make it easy to get started with your own ecommerce business. They handle all the technical stuff while you can focus on marketing and growing your business.
Peer to Peer Lending
If you have some cash sitting around try lending those dollars via a peer-to-peer lending platform such as Prosper or Lending Club. You lend, the lendee pays you back with interest, and you make money with almost no effort.
What are some ways you have made money while sleeping?