There is no question that setting up a passive income stream is a fantastic way to build wealth with minimal time and effort. However, many routes to establish passive income involve putting in money upfront. If you are not in a position to do so, we have compiled a list of ways to build passive income without spending a dime.
- Rent out your car with Turo. Turo is completely free to use with no monthly fees and no buy-ins. All renters are screened, so you can feel safe about using it. You can pick when and how often you rent out your car, and earn anywhere from 65% to 85% of the trip price.
- Become a contributor on Shutterstock. Shutterstock is a global marketplace for artists and creators to sell their footage, images, and vectors. Earnings are based on the type of contribution and the amount it is downloaded.
- Turn your car into a money-making billboard with Carvertise. Carvertise is a marketing company that matches brands with drivers. They will wrap your car before a campaign and unwrap it once it’s over. All you have to do is drive anywhere you normally would.
- Refer landlords and real estate investors to Visio Lending. Through our Visio Lending Referral Program, you don’t have to be a customer or put in a lot of time to make money. Simply send us the names and email addresses of landlords and investors and earn $500 per each one that closes on a loan with unlimited potential. One Referral Partner sent us over 100 referrals, which is a $50,000 earning potential.
Want more ways to earn passive income? See our Blog Section "Make Easy Money."