If you are an employee, businessman, or student. You can create additional sources of income and passive income if you want to get financial freedom.
But all passive income does not mean that you will generate money if you sleep at home. Passive income is monthly based income or regular income.
So if you want to get financial freedom from passive income and want to have different sources of income, then read our passive income ideas in India and Choose as per your choice and build passive income.
1. Real Estate-
It is an old-school and evergreen technique. By it runs the family of many persons in India. So it is one of the best passive income ideas in India. You can earn passive income from real estate in 5 ways.
5 Ways To Create Passive Income From Real Estate-
Monthly Rental Income-
If you have a room or flat, rent it out. From there you will get a monthly basis rent.
Daily Income Or Hotel-
If you have a room or flat. And if those are well decorated and in a good location, Like Tourist Point and Metro City. So if you rent it out, the tourists will come and stay for 2-4 days. And can earn big from here. You can rent by uploading an app like Airbnb.
Warehouse-
If you have a large plot. Then you can rent these on e-commerce platforms like Amazon and Flipkart. You can generate monthly passive income from here. And can earn big amounts of money, as per your plot size.
Commercial Property-
If you have small commercial shops, then you can get rent.
Parking-
If you have a space, can be converted into a parking lot. You can get rent from the parking lot.
2. Dividend Stocks-
Find some stocks in the stock market which will give you an annual bonus or dividend from their profit. Here you can gain your capital along with passive income.
For this, you need to research a little better when you buy the stock.
3. Affiliate Marketing-
If you have a strong following on social media or if you are a YouTuber or blogger, you can start affiliate marketing. Affiliate marketing is where you get a commission if someone purchases your referral.
You can open someone’s Demat account or you can sell products through links from e-commerce platforms like Amazon and Flipkart. For that, you will get a commission.
4. Online Selling-
If a particular product is manufactured in your neighborhood or your home. You can generate a passive income by selling those products online. For example, you can sell your products from platforms like Flipkart and Amazon, and you need to make a little effort for this.
5. Ebook-
If you have your life journey or something you specialize in, you can sell it through e-books on platforms like Amazon Kindle.
If you make an e-book and everyone reads it worldwide, your income level will be very high.
6. Blog Writing-
If you have any subject knowledge, you can write a blog about it and generate passive income along with google-Adsense.
7. App-
If your app provides a solution or game for free and if traffic comes to that app. From there you can earn through ads or any other premium features.
8. YouTube-
If you can teach something or entertain on a platform like YouTube. Somehow if your content is good, then the views are good and if monthly views keep coming, you can generate passive income from YouTube.
9. Online Course Selling-
If you have any skills, then you can sell your course on platforms like Udemy, and Thinkific. These platforms charge a fee. And you can generate a good passive income from here.
10. Social Media Page-
You can create your page on platforms like Facebook and Instagram. And with various entertainment content, followers gain. You can earn money from your page with the help of brand promotion.
In this case, more help you Online Marketing Strategies.
11. Software Solutions-
If you or someone you know comes from a tech background, you can make software. Any business, student, or organization that addresses a community issue. You can sell monthly subscriptions of your software to that community.
12. Non-Fungible Tokens-
You can make NFT if you are an artist. And can generate highly passive income.
13. Sell Something On Social Media-
If you make a good vase or purchase from someone else. If you run ads for 1000 rupees on social media like Facebook and Instagram. If your product is really good, then you can earn 10000 rupees.
There are many delivery companies, which will deliver your product to the buyer’s home. By repeating this over and over again with different products, you can generate passive income.
14. Car Rent-
If you rent out your car as a cab and you can generate passive income. You can start your car as a taxi with the help of companies like Uber and Ola.
15. Restaurant-
16. Digital Marketing Agency-
Conclusion-
If you work properly on these passive income ideas get success and financial freedom. And here are some automatic passive income ideas by following and not contributing, you can generate income, Like- Real Estate, Dividend Stocks, Ebook, and Car Rent.
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