15 Best Residual Income Ideas

Do you want to build up residual income? These residual income ideas are perfect if you need money now or want to earn extra money in the long term.

Creating streams of passive income to make money while you sleep helps you build wealth  over time.

What Is Residual Income?

Residual income means that you make money after you’ve done the initial work. You have invested time, money, or both.

In the digital age we’re currently living in, there are dozens of opportunities to earn residual income. We will show you the best residual income ideas you can work on  this year.

With peer-to-peer (P2P) lending, you can loan your money to people, your peers. They will pay you back with interest.

1. Peer-To-Peer Lending

Real estate investing is great because you get a steady stream of side income with many potential upsides.

2. Invest In Real Estate

REITs are companies that invest in real estate, and you can get a share of their rental income. They are 100% passive and  give you consistent  residual income.

3. Invest In REITs

for more of  best residual income ideas.