18 Most Profitable Passive Income Streams To Consider

Creating several passive income streams  is a dream for many entrepreneurs. It can accelerate plans to make extra  income, pay off debt, and invest in building wealth.

But what exactly is passive income? Are  these streams truly passive? What can we do to begin tapping into this  hidden stream of profits?

Read on to find out how you can start producing passive income today.

You can start investing. Purchase  and forget it. Then make money when you sell the stock down the road  through capital gains.

Income From Stocks

A bond ladder is a portfolio of multiple bonds that mature at different times.

A Bond Ladder

Peer-to-peer loans are personal loans between you and a borrower using third parties like  Peerform, Upstart, Lending Club, Funding Circle, or Prosper.

Income From Interest

 Real estate investing with REITs is like buying and selling stocks on major stock exchanges.

REITs

Invest in real estate without buying property through crowdfunding real estate platforms.

Invest In Crowdfunded Real Estate

Renting out your parking space in crowded cities where parking is precious can earn you a few hundred extra dollars a month.

Rent Your Parking Space

Swipe Up To Read More