Passive income ideas for building wealth

1. Selling information products
One popular strategy for passive income is establishing an information products, such as an ebook, audio or video course. the course can be distributed and sold through site such as Udemy, Skillshare.

2. Rental Income
Investing in rental properties is an effective way to earn passive income. but it often require more work than people expect.

3. Affiliate marketing
With affiliate marketing, website owners, social media or bloggers promote a third party’s product by including a link to the products on their site or social media account.

4. Flip retail products
Take advantage of online sales platforms such as ebay or amazon, and sell products that you find at cut-rate prices else where. you’ll arbitrage the difference in your purchase and sale prices, and may be able to following of individuals who track your deals