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The more you do to get your name out there, the easier it will be for the right audience to find you.Related: 5 Tools You Need to Build Your Passive Income'Empire'7. You need money to start earning passive income.From investing in the stock exchange into starting a small online business, many people assume that they need lots of money to begin earning passive income.

You can invest in the stock market with as small as $1,000. For individuals looking to start their own blog, web hosting is often available at less than $8 percent month.Having additional savings that you can devote toward getting your site or business idea off the ground can certainly be beneficial.

Lets face it. Growing upward, working as an employee to earn a living to support your own family was just what was expected of you. But following a couple of years in the work force, sitting at a desk for 40 hours a week simply isnt as exhilarating as we all thought it was.But I have no option, we think.Thats where we're wrong.The secret Cultivating streams of passive income.Just think you could be earning income while you sleep! If you built your passive income flows big enough, you could quit your project.

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While its not simple nor fast, it's possible.Related: 7 income streams of millionaires: an open discussion of passive incomeHere are 25+ ways that you can generate passive income. Some may require an investment of work or time upfront but can generate income passively ad infinitum once the project is completed.Invest in (crowdfunded) actual estate.A High Yield Savings AccountInvest in Stocks/bonds/REITs. Invest in Dividend Growth StocksInvest in a rental house (or 2 ).Write an e-book. Create an online course.Get paid to do things you are already doing.Promote products and earn affiliate income.Take advantage of credit card sign-up bonuses.Take advantage of bank account promotions.Advertise on your blog.Rent out extra space in your house.Rent out things you have.Become a peer to peer lender.Become a personal lender.Design products to market on CafePress or Redbubble.Flip domain names.Become a societal networking influencer.Buy a laundromat/car wash.Rent out ad space on your car.Invest in a neighborhood business.Start a Vending Machine Business.Invest in Royalty income.Sell pre-packaged stock photography.Build an app.Invest in (crowdfunded) actual estate.If you're looking to add property exposure to a portfolio but dont want to bother with holding properties directly (definitely NOT passive income), you can invest in a crowdfunded property project.In this circumstance, you would loan the money to a corporation, landlord or rehabber who would buy the property and they would pay you interest to use your money.

One of the most popular offers is student housing 150-bed minimum facilities that are one mile or less from a Division I university with 15,000 enrolled students. We took a closer look in our Rich Uncles review should you want to learn more.Fundrise is an eREIT using a $1,000 minimum investment and no licensed investor requirement.

(here's more on Fundrise)RealtyMogul is for accredited investors who have a few thousand bucks they want to invest into individual properties, whether it's houses, commercial real estate, or mixed use buildings. (we go in deeper on this RealtyShares review)The appeal of these passive income sources is that you can diversify across many small investments, rather than in a handful of large ones.

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When you invest in these crowdfunded investments, you can spread your money across many uncorrelated property ventures so individual investments don't cause significant issues.A High Yield Savings AccountI wouldn't think about a high yield savings account as a source of passive income however your savings must be getting something (less like Seinfeld syndication residuals and much like a commercial jingle residuals!) .

The best high yield savings accounts (or money market accounts) offer greater interest rate and there's simply no risk. CIT Bank currently leads the pack with the maximum interest rate.If you don't mind locking your he said money up, you can become marginally more with a certificate of deposit, though rates there are not that attractive.

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Depending on the larger economic environment, REITs can potentially have higher yields than stocks and/or bonds.My personal favorite stock broker is Ally Invest, formerly TradeKing, since they have inexpensive commerce commissions at $4.95 a transaction and no maintenance fees.Invest in Dividend Growth StocksI wanted to call out one particular strategy within equity investing that bears mentioning dividend growth investing is when you focus on stocks that not only pay a dividend but have a history of strong dividend growth.

Now, more than ten years after, many of these stocks game double digits yields and the cashflow from these investments helps me manage the irregularity of income I experience as a business owner.Invest in a rental property (or two).Though it can take some time to build up enough money to put a 20% down payment on an investment property (the typical lender minimum), they can snowball rather fast.