9 Passive Income Ideas that Will Pay Your Rent

Wouldn’t it be great to pay the rent each month doing nothing at all? These nine passive income ideas will make money every month with little or no work. Some take time to develop while others will make money fast but they all work. I’ve used seven of the nine and one makes me $20,000 a month from a single income source.

I’ve included links below for more detail on each passive idea:

I love dividend investing and a lot of people look to passive income investing to make money. The sad truth is you need to be rich already to make money off your investments. To cover a $2000 per month rent payment, you need more than $250,000 invested and that’s at a high dividend yield.

That’s why I wanted to create this passive income video, to show you strategies anyone can use to make money every month. You may not like every idea but I guarantee there will be at least a few that you can use to make money and will pay your rent.

But not everyone’s rent is the same…that’s why I’m using average rent for each state to highlight the passive income ideas for each. You’ll find ways to make money no matter how much you need. Some make more money but may take a little time to develop. Other ideas will start cash flowing immediately to give you time to develop other residual income ideas.

There’s so much here, I can’t fit it in the description but this is so important. If you don’t find a way to make money while you sleep, you will work until you die! Earning passive income is one of the few paths to financial independence and the sooner you start, the better. Understand that passive income or making money with no work doesn’t mean no effort. Anything that makes money will mean you have to do something to set it up…otherwise everyone would do it. These passive income ideas are the best for creating a stream of income that will pay out every month on as little work as possible.

0:00 Passive Income Ideas to Pay Your Rent Every Month
0:12 Why Dividend Investing is Not Passive Income
1:38 How to Make Passive Income with Your Car
2:54 How to Make More Money on Your Cash
4:09 How I Turned Self-Publishing into $1,500 a Month Passive Income
5:48 How to Make Passive Income Crypto
7:08 How to Make Money Fast with a Vending Machine Business
8:32 How I Make $20,000 a Month with Affiliate Websites
10:24 Is a Laundromat Business Passive?
11:54 Using Virtual Summits to Make Passive Income Online
13:25 How to Get Rich with a Franchise Business

#makemoney #passiveincome #makemoneyonline

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

[teppertimmy]

Joseph, your videos are super understandable and your presentation excellent. Most resources give vague instructions without making the newbie understand how things really work. You have gained me as a follower for sure. You really add value. Keep going!

[robertpearce-bailey]

I've just discovered your channel, great videos and you have a really nice manner.

[yvelf]

Excellent vid!
really appreciate the knowledge in this and other vids!

[ubermachtthemechanic]

This is great, I was going to ask you to make another passive income video!

[rosejones]

Joseph always has practical suggestions with some off the wall ones as well.

[tangoingthekitchen]

I will not mind a 3 bedroom apartment or house, I can used one bedroom for my Youtube Studio/University studio and I can use the 3 one as a guess room just need to find away how to make $2000 because 3 bedroom apartment here in Pacific Northwest are almost 3000

[PlainDiscord]

Helll from the investment joy channel side of things! Subbing up! Thanks for the video super helpful, and i will try some of these!

[HouseofFI]

Great ideas Joe! Some new ones I had not thought of. But....I'm not moving! LOL I love, love, love being near the beach. It is totally worth the expense.

[Natethegreat]

Been a subscriber for a while but Brandon shouted this video out. Good vid!

[bryantgrealish]

there are multiple means of debt payment, some debts can't wait for your passive income, what about a loan's interest ... how do y'all do that one?

[MickieDsNuts]

Add about $1000 to that new york estimate.

[jonathansee]

Could you do a video on put credit spreads or call debit spreads please?

[financeclubyt]

It's nice to have a Side Hustle To earn some extra Money. I'm Here With the notification! Now enjoying the Video 💥

[joshdennis]

Oh the shade has been thrown lol. Love it.

[uditmehrotra]

Great content. Please do analysis of these stocks: Paysafe, Rocket, Cognyte Software. thanks

[prakashbaskar]

youtube ad 15 K per month ...holy shit

[capt]

Love the humor in this one. Glad they are starting to figure out what causes babies

[brendaneisenhauer]

I have a solid hobby of working out, specially powerlifting. I have a lot of knowledge on how the body works and how to get in shape. I also have a great understanding of nutrition and sleep. What is a good way to write a book. Any websites that help or just start typing away on Microsoft word?

[RobCLynch]

Hey Joe, May I ask if you used Amazon or Google ads to promote your Books? I've written an account of my 103 pound weight loss, but it's in a very competitive niche.
Thanks for the video.

[ladyeater]

What's the name of your book and use it on audio