This to guide you to navigate most of the available passive income options available around us. As a start, let’s understand the different between passive and active income. Active income is usually your main stream of income such as from employment and passive income usually known as side income such as part time ghost writer.

Types of Passive Income that you can work from home and yet still generates income while your sleep. The possible types of passive income such as

a) Online knowledge
Write ebooks, software, songs and sell them online. This would generate unlimited income as sales pickup

b) REIT aka Property investment
Invest in REIT stocks and collects handsome income generated from rent. You may need to research what the best such as retails / commercial or office properties.

Next would be buy and rent out a physical property spaces to tenants. To ensure the property generates positive cash flow, you need to ensure rental is higher than monthly installment. Most of the time the properties at hot area would fetch higher rent comparing to least hot ones. Look out for

-Good location that near to public transportation (Bus, LRT, MRT)
-Near to schools
-Near shopping mall

c) Online marketing / affiliate
Create a platform to market your products and engage in affiliate to create extra income sources. This can be easily done by hire a freelancer to do the work for you. There are many freelancer available on Fiver.

d) Adsense / Infolink
You may also add Adsense / Infolink on your site. These pay per click publishers would also provide you with the unlimited income.