Generating passive income is an interesting idea in more ways than one. It’s about making money, providing little work. From a unique and often simple approach, income is generated over the medium or long term without consideration of hourly work. Enough to achieve an ideal of financial independence, supplement your income or anticipate a more comfortable retirement. Here are 10 passive income ideas you can implement from scratch.
1 ► Traditional passive income: real estate
1.1 “The loan without contribution
1.2 Idea n ° 1: get into rental real estate
1.3 👉Idea n ° 2: short-term rental
2 ▶ ︎ Passive income on the stock market
2.1 👉 Idea n ° 3: look for a supplement thanks to a PEA
2.2 Idea n ° 4: go through an accumulation phase
2.3 👉Idea n ° 5: emerging passive income, according to your talent
2.4 👉Idea n ° 6: edit Pdfs for Amazon / Kindle
2.5 👉Idea n ° 7: “print on demand”
2.6 Idea n ° 8: the dropshipping boom
2.7 👉Idea n ° 9: blogging, or become an infopreneur
2.8 👉 Idea n ° 10: create one or more Youtube channels
2.9 Related posts:
► Traditional passive income: real estate
Stone is still considered today as a safe and profitable investment in all terms. However, this idea is often correlated with having a seed capital. There are ways to “do without”, when you start from scratch.
“The loan without contribution
In general, it is considered that banks do not lend without a substantial contribution. Often, they ask that the borrower (s) pay the equivalent of the notary fees. For example, if you want to borrow $ 150,000, expect most banks to ask you around $ 15,000. If you want to invest without contribution, go your way.
But this is not inevitable: in some cases, there are establishments that practice what is called a 110% loan.
These banks agree to lend an amount greater than the value of the property. This represents a risk for them: an early resale may not repay the loan. With a solid record (regular income, savings capacity), and by showing the desire to be a good customer by purchasing, for example, insurance products. Finally, be clear about your investment project, this kind of dynamic can appeal. And above all, do not hesitate to consult several establishments to win your case!
👉Idea n ° 1: get started in rental real estate
Undoubtedly, buying homes, especially apartments, in order to rent them out and earn income from them is considered profitable.
Is it passive income? To a certain extent, yes. Once again, everything is a question of the means to invest. Without an initial contribution, it is sometimes difficult to delegate the various rental management tasks, because this represents costs. Likewise, it is necessary to take care of the inevitable work that must be done.
Finally, before a certain point, the actual asset management and your accounting cannot be delegated profitably. Passive income yes, because the rents fall on their own, but beware of accidents! On the other hand, after a while, when you start to actually live on your rental income, rental management tools (by agencies), asset management and maintenance contracts allow you to relieve you of these responsibilities for a fee. often monthly investment. Enough to free you up time to live well
👉Idea n ° 2: short-term rental
A good way to convince a potential banking partner if you do not have input, perhaps to focus their future investment on short term rentals.
Under certain conditions this can indeed be very profitable in the short term, even if at first glance it seems less certain.
To reassure your banker about your project, prospect in a sector in real estate tension, where the needs are strong. So, rather in town near transport facilities, in order to attract business customers who will rent by the night or the week, or in a well-known tourist sector, in order to attract tourists.
Combining the two is a bit of a winning formula. Target, for example, a hyper-center of a big city or a coastal city, dynamic both economically and from a tourist point of view, by favoring small surfaces (3-room studio), easier to maintain and for rent, more profitable to earn a real income
▶ ︎ Passive income on the stock market
The stock market can be a means of generating passive income, it is well known. However, is this feasible without input?
👉 Idea n ° 3: look for a supplement thanks to a PEA
Opening a PEA is a simple procedure that requires very little investment. From the outset, we will object that we are not starting “from nothing”: it is true; but this can be achieved with modest income, the whole being to budget for your monthly contributions.
For example, by initially placing € 300, then € 100 per month, it is true that the return on investment may seem meager.
Of course, you have to manage your investments, focusing on stocks of companies that are safe, historically known and potentially reliable over the long term, likely to pay dividends. This is a profitable income in the long run, because after a few years it can become a majority passive income in your budget, capable of even ensuring you a comfortable retirement, while giving you some security.
👉Idea n ° 4: go through an accumulation phase
To start playing on the stock market more effectively, you have to build up capital, and therefore consider that you are active before the first returns on investments.
Take this period of growth very seriously: it is about keeping a predefined portion of your active income in order to build up usable capital directly on the stock market.
Not for a PEA, which ensures the long term, but to invest in potentially very profitable moves. What is free at this time is the serious documentation. You can also train rigorously to trade, before committing your investment, on trading platforms using fictitious currency for example.
It may seem fun, but ultimately it can be very serious, and allow you to generate significant passive income thanks to controlled risks.
Idea # 5: emerging passive income, depending on your talent
Apart from traditional means, there are solutions through the internet to generate regular income passively. This often requires learning a few skills and spending time on them initially, but in the long run it can be very interesting while showcasing your talents.
👉Idea # 6: Edit Pdfs for Amazon / Kindle
Amazon is a whole ecosystem. It has been a long time since the Kindle e-reader was released, and the ebook format is now very common. It must be said that the prices for the reader are particularly attractive, the bulk of the offer being at 0.99 €. It’s not about writing a book in order to sell it.
This is good, but it is not what can generate passive income effectively and sustainably without investing money. Create PDFs with Amazon KDP, train yourself to form catchy and search engine flattering headlines, promote on networks and take advantage of Amazon’s affiliate policy, and voila. By creating a mass effect, it can pay off big.
Some PDF creators make a very good living from it. You will tell me that it is necessary to be a writer: in reality not necessarily! You can edit a pdf from works in the public domain, offer summaries, publish summaries, articles like a blogger or an infopreneur … the format possibilities are endless, the price unique, and above all, the potential clientele is that of… Amazon, sorry.
👉Idea n ° 7: “print on demand”
A very interesting and potentially fun practice, which can showcase your talents, especially artistic ones, without investing any money. There are a few dedicated platforms, such as teespring or Spreadshirt.
The principle is simple: you offer a logo or a drawing, or even a slightly stylized catchy saying or phrase, and the platform is responsible for selling your work of art printed on any type of medium.
As long as your work sells, you earn income from it, much like royalties. This concerns all types of media, enough to be endlessly creative: mugs, t-shirts, key rings, sweatshirts, placemats, sometimes furniture, car stickers, soft toys … Everything is possible. Again, it can be a fun supplement to income, but some creatives make it their own profession and make a very good living. Maybe not totally passive income because it is good to maintain your inventory, but come to think of it, there is work involved in investing in real estate too. So, you might as well choose according to your passions and talents, right?
👉Idea n ° 8: the dropshipping boom
What is dropshipping? Is this a viable practice when you want to ensure a substantial passive income? Is it really passive income?
Let’s start with the last question: no, money doesn’t just pour in. Yes, it can pour in without you taking off your couch. But you will still have to spend a little time there, especially the time to get the hang of it and all the necessary information, including legal ones.
The principle is simple: you act as an intermediary between consumer customers and a wholesaler with the stock. You offer for sale, sell, but you are not the one managing the stock. The wholesaler also finds an advantage. These sales bring you income in terms of commissions of course, but also thanks to the traffic generated on the site that you will have created to offer the products for sale. Building an online store pays off the most in the long run.
However, to start simply or to be able to manage this activity as additional income, there are dropshipping platforms. E-commerce is on the rise and offers many opportunities! With experience, you will be able to generate very good income with very little time spent. To open a shop and start dropshipping you can register on Dropizi or Wizishop
You will have to train in e-commerce, it is not magic, it takes work and good knowledge and know-how. I recommend online training like Ecommerce academy
👉Idea n ° 9: blogging, or become an infopreneur
This is a way to generate passive income that can become very interesting, as long as you can invest time from the start (but not necessarily money if you use a free CMS). The point is to make a living from your passion: writing, talking about your passion, communicating. You can choose to set up a big blog or site, which well maintained can pay off really big as long as you are interested in good content, backlinks and also affiliations. That said, it may be safer to create multiple blogs:
indeed, no site is immune to a SEO problem or a drop in traffic. If it only affects one in 5 or 6 sites, it won’t have too much of an impact on your income.
It is therefore not yet strictly speaking passive, in the sense that it is not an annuity; but the experience will gradually reduce the time spent maintaining your blogs, as the revenue generated from advertising and affiliations continues to rise.
Consider that this is a real profession, based on your passions and interests, doable from home!
👉 Idea n ° 10: create one or more Youtube channels
Here is an idea that can be totally complementary with blogging: create a youtube channel. Usually, they’re thematic, and that’s not too difficult. Have the correct video and audio equipment ready, even if you can start with a telephone; choose a theme.
This can be a passion for which you have specific skills, but be careful, this passion must still be shared enough to have an audience and subscribers. For example, there are no longer any channels on DIY or gardening themes, or even those offering beauty advice or personal development coaching. The subjects are endless!
How can this create passive income? By developing your youtube channel you integrate the google Adsense program and generate advertising revenue on which you will have your share.
Also, if your channel is attracting people, you can try to get sponsorship and research affiliations. In the end, a well-functioning YouTube channel can generate enough income to live on, at the very least provide additional income.
If you are blogging, that’s a blessing: for a thematic page, a youtube video. It will flatter your SEO both ways and increase your income for unique content!