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Most of us are unable to invest in many business ideas because we lack the capital to do so.

This is one of the best passive income opportunities because there are many sites, such as  NextDayPayLoan.com that are willing to give personal loans at low interest rates.

Once you get that loan, you can invest into one of all the other 29 passive businesses discussed in this post, or you can launch one of these online business ideas.

Also, if you pay your loan quickly on time in these sites, you shall get a commission, which is a great way to make passive income with little or no investment.

This is one of the best passive income opportunities to make money while we sleep because most of us own a smartphone.

What is more interesting is that this passive money making apps will pay you for doing so little or even close to nothing.

In most of these apps, you will earn points, which you can redeem into cash, gift cards, and sweepstakes entries among other prizes.

• Nielsen Computer & Mobile Panel: Download and install this app, and it shall pay you for allowing it to track your mobile and internet usage.
• Mystery Shopper: Get paid to collect data on shopping malls.
• InboxDollars: Get paid to watch TV and browse the web, things we do daily. Check out their  Android and IOS mobile apps.
• Fivver: Apply for freelancing gigs and tasks, such as writing, logo design, video editing and priniting among others.

Click Here to Discover other 50 money making apps >>>>>>

Starting a blog is one of the best ways to make money online because you can monetize it in many passive income ways.

For example, these are common passive income channels that bloggers use to monetize their blogs: affiliate marketing, advertising and selling digital products.

Recommended Readings: How to monetize a blog and How to build a blog from scratch with zero coding expertise.

Affiliate marketing is one of the most common passive income opportunities where you promote other peoples products; then you get a commission for every successful sale.

This is one of the best ways to make money while you sleep because any information on the web is accessible 24 hours for a lifetime.

For example, I am an affiliate for the Divi theme, which I use in all my blogs and websites. Every time someone purchases using my affiliate link, I get a 50% commission of the total sale.

My Best performing affiliate products that I promote

• Bluehost: The web host I use, find out more on how to start a blog on Bluehost
• Milotree: The popup I use to grow my Pinterest followers. Find more information here and here.
• Convertkit: The email marketing service provider I use. Find out how I grew my email list here.
• Divi: The WordPress theme I use on this blog. Find 20 reasons I love the Divi theme
• KwFinder: The tool I use to research keywords. Learn how I use this tool in this keyword research guide.

Other affiliate networks I use

• Amazon Associates
• iGain
• Maxbounty
• Commission Junction

Methods you can use to promote affiliate products

• Paid advertising on Google ads, Bind ads, Pinterest promoted pins or Facebook ads.
• Add them to blog posts and any other content.
• Use email newsletters, campaigns and any other content sent to your email list subscribers.
• Share the links on social media networks.
• Create landing pages and sales funnels with LeadPages, Unbounce and Thrive Architect among others.

The good news is that real estate investment trust (REIT) companies, such as Fundrise, Realty Mogul and Rich Uncles among others have made investing in real estate very easy.

These REIT’s pull together many investors who contribute little cash to buy a specific real estate property. After a successful sales, each investor or shareholder gets a percentage of the profit.

This is one of the best passive income opportunities to make money while you sleep because apart from the profit of the sale, you will also get a recurring compensation fee between 2% to 10% annually of your total investment.

PROS: The returns are high, and you have a wide variety of real estate properties to choose from, which minimizes the risk.

CON: The major disadvantage of this passive income opportunity is that you need to make a small beginning investment to become a member of these REIT companies. For example, you need to invest at least $ 500 to get started at Fundrise, $1000 to get started at Realty Mogul and at least $5 to begin investing at Rich Uncles.

Other best real estate crowdfunding sites: GroundFloor, Holdfolio, and MinnowFunding. Visit this article here to find all other best options out there.

The famous Warren Buffet confessed in many instances that this one of those passive income opportunities which helped him to build riches.

To make passive income with this method, all you have to do is buy stocks in ETF’s; then you will earn recurrent dividends, which will get paid to you in the form of cash.

Some of the best ETFs around: Ally Invest, Vault401K, Motley Fool, and Dividend Stock Online among others, which you can find here.

Recommended: The basics of investing in dividend paying stocks and Building wealth with High paying Dividend stocks.

Therefore, peer to peer lending is an excellent passive income opportunity because there many people out there who have been denied loans by banks since they do not meet the minimum provisions.

The advantage of this make money while you sleep opportunity is that you shall get a 3 to 10% returns in your original investment.

The best peer to peer lending companies: Lending Club and Prosper.com

Recommended reading: How to build riches with peer to peer loans.

What is more interesting is that some will give 20 times higher interest rates than those you find in other banks.

Examples of banks with high yield saving accounts: CIT Bank and American Express.

For instance, the lowest interest for CIT bank savings account is 1.55%, which is way too higher than in most traditional banks.

This is one of the best passive income opportunities because the value of a book never changes. I mean information never gets stale as long as the author keeps updating it to match emerging trends and facts.

Every time someone purchases the book from these self-publishing companies, you will get recurrent passive income while you sleep.

Recommended: The ultimate guide to self-publishing for beginners.

Other companies you can rent your room with Booking.com, Tripping.com, TripAdvisor, and Expedia.

Apart from renting an extra room, you can also make money while you sleep in this passive income opportunity by renting cars at RentalCars, AirportCars, and Getaround among others.

Best marketplaces to rent stuff: Craiglist, Zilok and Loanables.

There are too many other things you can rent and make extra cash, such as clothes and bicycles among others, which you can find in these two articles here and here.

Recommended: How to make money with Airbnb

Such people prefer taking courses because they combine all medium of communication audio, video and text, which increases understanding. Therefore, creating an online course is a high paying passive income opportunity.

This is a popular passive income opportunity because there are many platforms you can use to create courses, such as Udemy, SkillShare, and Teachable among others.

Recommended: The ultimate guide to creating and selling online courses and How to create a profitable online course.

There is a high possibility of making money on this platform because it is the second largest search engine in the world.

Also, uploading a video on YouTube is completely free! See a list of YouTube billionaires here.

Passive income ways to monetize a YouTube channel: advertising, sell digital products and affiliate marketing.

Recommended: How to make money with a YouTube channel and How to monetize a YouTube channel.

There are many sites that will reward you in different ways every time you shop online like the ones below;

Swagbucks: Every time you buy online, you shall earn points called SBs from this site. After gathering enough points, you exchange them into cash, gift cards, merchandise, charity donations, and other prizes. Get a $5 sign up bonus from Swagbucks.

MyPoints: Operates similarly like Swagbucks above. Get a $10 sign up bonus from MyPoints.

Shop tracker: All you have to do is install this app into your PC or mobile then link it to your online store. They will pay you $3 monthly for allowing them to access your shopping history data.

Paribus: After you install this shopping app, it will find stores which owe you after prices go down, then it will refund you the difference.

Ebates: Get the best cashback deals and discount codes from this site, which will help you make passive income through saving money when you shop online. Get a $10 sign up bonus from Ebates.

BeFrugal: It operates similarly to Ebates above. You will get cash back credits, coupons, and discounts while you shop online. That little money you save is passive income if you allow it to mature in one year. Get a $10 sign up bonus from BeFrugal.

For this reason, starting an online store is one of the best ways to make money while you sleep because customers will always shop 24/7 hours.

Two types of online stores: E-commerce store or dropshipping store.

Best platforms for building these stores: Shopify, BigCommerce, AliExpress, AliDropship, and Wix among others.

Recommended: A beginners guide to drop shipping and How to launch an online store from scratch.

• Handmade products and Crafts: Sell such products at Etsy, eBay, and Bonanza.
• Photos: If you have an eye for the camera you can sell your photos and other stock images at Shutterstock, Foab, Photolemur, iStock, Adobe, DepositPhotos, and Getty Images.
• Designs: Sell logos at 99 designs and other designs at 3D Hand designs.
• Themes: Sell WordPress themes and related products at Theme Forest and Envanto Elements.
• Books: Sell old books at Decluttr, and BookScouter.
• Used Baby gear: You can sell such stuff at several marketplaces, such as Craiglist and Bissell.
• Amazon FBA: Amazon is one of the largest e-commerce marketplaces in the world. Since they have the audience and traffic, you can rent out a place in there site and begin to sell your products on their platform through the Amazon FBA program.

For example, you can offer writing, virtual assistance, proofreading, and other services to people.

You can also complete short tasks for people, such as bookkeeping then get paid.

Best freelance marketplace to find work: Fiverr, Freelancer, and Upwork.

Best job boards/sites to find work: Indeed, ZipRecruiter and Flexjobs.

For every amount you spend, these cards will give you cash back. For example,
Capital One® Savor® Cash Rewards Credit Card will provide you with a 10% cash back for any amount you spend on dining.

This is an excellent passive income opportunity because it will help you to save money you spend on different items and services.

Recommended: The best cash back credit cards 2018.

Webinars are one of the best passive income opportunities because you can monetize them in a similar way you do with a blog or YouTube channel.

For instance, you can sell your digital products in the webinar. Also, you can recommend affiliate products to your audience where you will earn a commission if they purchase using your unique tracking link.

Recommended: How to create a successful webinar and Tips & tricks to creating money making webinar

Lead generation site: This is where you link clients to qualified professionals or businesses. Those businesses will pay you a commission for generating a lead/successful client to them.

Comparison site: For example, you can create a website which compares hosting packages. First, you have to sign up to affiliate programs of those host providers. When someone purchases a membership through your unique affiliate link, you will earn a commission.

Review site: For instance, you can set up an Amazon products review site where you help customers to choose the best products. You need to join Amazon associates affiliate program first to do this.

Membership/subscription-based site: These are sites where members have to pay a certain fee to access premium services or products.

Deals site: For example, you can create a website where different retailers sell vehicles, clothes and other products/deals.

Niche sites: You can then create “how to” guides monetized with affiliate marketing and ads on such a website.

Recommended: How to build a website from scratch: PART ONE & PART TWO.

Then you can start a business then employ someone to run it while you perform other tasks.

Also, you can outsource all services and products your business will need, which means money will continue getting into your account even if you are not directly or actively involved in the day to day routine chores.

Recommended posts

• 40 online business ideas that will make you a millionaire quickly.
• Six businesses you can start with no money
• Five home-based businesses with no investment costs.

Therefore, you can set up one of these passive income opportunities below and make passive income while you sleep from them;

Vending machine business: This is an automated snack, beverages, cigarettes, and lottery tickets machine, which will give customers those items after they pay.

Laundromat business: This is an automated machine that washes and dries clothes without any human assistance. Customers have to pay before using it so money will get into your account while you sleep.

Build batting cages: These are specialized areas used by baseball players to play or practice their games. There are rare to be found, which means this is one of the best passive income opportunities because there is little competition.

ATM Vendor business: People will always use such automated machines for cash withdrawals and other purposes. It is an excellent way to make passive income while you sleep.

Storage facilities: You can build a public or private place where business persons and other people can store their goods.

This is especially convenient for vehicles used for public transport purposes.

Best Ad dealers: Wrapify and Carvertise

This is one of the best passive income opportunities because there are other ways to make money with a car/vehicle such as the few below;

• Become a driver at Uber or Lyft.
• Get hired to deliver food at DoorDash, Ubereats, and Munchery.
• Get hired to deliver packages at Instacart, Shipt, and Drizly.
• Enter into a car sharing/renting deal at Getaround, Turo, RentalCars, and RVshare.
• Sell your car at a profit at Blinker, Bissell, and Bonanza.

These machines will analyze the market for you and offer best suggestions on which low-risk markets to invest.

It is a convenient passive income opportunity because the fees are lower than those you would spend hiring a human account manager, auditor, and analytics expert.

Also, a machine algorithm is more accurate, and it provides detailed feedback, which you can use to choose the best investment for your business.

Machines which can complete these tasks are known as Robo-advisors.

Best Robo-advisors: Betterment and Blooom.

This begins with creating a freebie also known as a lead magnet that will make people sign up through your landing page. For example, free ebooks, swipe files, templates, and courses are perfect examples of freebies.

Also, you will require an email marketing service provider, such as Convert it to be able to send messages to all your email list subscribers.

Most of these email marketing service providers will help you to create and host landing pages. You can also use LeadPages, Unbounce and Thrive Architect to create landing pages.

Note: You will need to promote/market your landing page actively for it to get subscribers.

Recommended posts

• How I built my email list from scratch
• How to market and promote your email marketing landing pages.

All you have to do is design smart looking T-shirts and the sell them in one of these marketplaces; Teespring, PrintTech, and Threadless.

This is a perfect way to make money while you sleep because people will continue to order/ purchase your T-shirts 24/7 hours from the platforms above.

The existence of Flippa and Empire flippers and other such marketplaces makes it easier to make money while you sleep through this model.

For example, you can monetize a podcast through the following ways; affiliate marketing, crowdfunding, sell digital products, offer coaching services and organized paid virtual summits among other passive income opportunities.

A successful podcast begins with using the right microphone with excellent sound quality like the Snowball iCE condenser and high-quality headphones.

• Create jingles, track audios, voice-overs, and other musical accompaniments, then license/sell them at Audio Socket, Song Freedom and Sound Cloud among others.
• Get paid to review music and write tracks at SlicethePie.

You can use several sites, such as BizBuySell to buy an existing business.

You will have many options to choose from, which means that there is a high possibility of picking the best option which will be appealing to your target audience.

The good news is that real estate investment trust (REIT) companies, such as Fundrise, Realty Mogul and Rich Uncles among others have made investing in real estate very easy.

These REIT’s pull together many investors who contribute little cash to buy a specific real estate property. After a successful sales, each investor or shareholder gets a percentage of the profit.

This is one of the best passive income opportunities to make money while you sleep because apart from the profit of the sale, you will also get a recurring compensation fee between 2% to 10% annually of your total investment.

PROS: The returns are high, and you have a wide variety of real estate properties to choose from, which minimizes the risk.

CON: The major disadvantage of this passive income opportunity is that you need to make a small beginning investment to become a member of these REIT companies. For example, you need to invest at least $ 500 to get started at Fundrise, $1000 to get started at Realty Mogul and at least $5 to begin investing at Rich Uncles.

Other best real estate crowdfunding sites: GroundFloor, Holdfolio, and MinnowFunding. Visit this article here to find all other best options out there.

This is a simple passive income opportunity to use to make money because your income increases and more members join your network.

Other ways to make money fast (for people in the United States)

• Use WordRemit to save money when transferring money from one bank or person to the next at a small interest rate.
• Take a loan at iLoan today then invest it into one of these 40 online business ideas.
• Start a Petcare business, and get the best cheap deliveries from 1-800-PetMeds.
• Win one of this iPhone XS MAX, then resell it at a profit.
• Find a cheaper home at Home Benefits Finance, then make money by saving extra money you spend on rent.