10 Passive income ideas for 2018 in India
Believe me, most of us keep thinking about having some passive income sources which can generate some side income for us. If you can invest some of your time in passive income activities, this list is for you. You must think about having some passive income source, it may help you to save money for the future. We have found 9 legit passive income ideas for 2018 to make money while you sleep. However, implementing these secondary income ideas are not that easy, but once you got a gift of it, one can make money with these top passive income ideas.
Start your Blog/Website –
You can start your own website or blog which should provide some useful and helpful content to the readers. Once you are ready with your blog you need to promote your blog to get traffic to your blog. Remember you should keep updating your blog with quality content. Once your blog starts receiving enough interest, you can monetize your blog with ads which can generate some passive income for you. You can join Google Adsense program or Amazon Affiliate program to show ads on your blog. Once your blog hits enough traffic and popularity, you can start pitching brands for sponsored posts on your blog. Once you become an influencer in any niche, there is no stopping and this could be the best passive income idea for 2018.
License your Photos –
You can convert your photography hobby into your passive income source. If you are good at clicking high-quality photos, you can upload your photos to stock photo website and get them licensed. Whenever someone downloads your photo, you will get some money. There are various websites where you can upload your photos and get royalty like iStockPhoto. You can also offer your photography services on freelancing platforms like Fiverr.
Writing e-book –
This is a great source of some passive income. Remember, this may take some time and patience. If you can write some good e-book, you can put up your eBook on sale at various-commerce websites. You can also get your e-book converted into Kindle eBook and get a royalty on every sale. You can create your author account at author central Amazon and start writing. If you are good at content writing, there are many ways to earns from your writing. You can join hubpages to monetize your articles. There are other content aggregator websites like Newsdog which can pay you on the basis of the number of views, your content gets.
Invest in Real Estate –
This may be the biggest source of passive income. If you have enough money to buy a Flat, you can buy a flat or any real estate and rent it to generate some income. If you do not have enough funds to buy real estate, You can also take home loans to buy the real estate. Another great option is to get some of your interested friends and families to pool money for buying some property. Please make sure that you do the complete research about the property that you are going to buy. Later on, you can rent the property or sell it depending on the situation. Crowdfunded Real Estate is a new way to invest in Real Estate. Read out the complete post on the Trendpickle.
Originally published at trendpickle.com on September 2, 2018.