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Here are some of the best ways toearn hundreds of dollars in passive incomeduring a snowy winter.
According to Hutchinson, the average room rental in the U.S. is $1,028 per month.
This is about $12,336 a year before taxes.
In many cases, you could bring in much more than you would through taking a second job.
There are certain expenses, like taxes and cleaning, to consider.
But even with those, thats still easily a few hundred bucks a month.
Sell Old Items
Even passive income sometimes requires a bit of time and effort at the start.
Use an online app to sell unused items, clothes and shoes.
This could be a great way to create passive income.
Once youve got the ball rolling, you might sit back and keep earning from what youve created.
How much you’re able to earn depends on things like the product bang out and platform.
Say you decide to publish an eBook on Amazon.
Right now, Kindle Direct Publishing offersroyalty rates of 60%.
This means you get 60% of whatever your books sell for.
A $10 book will net you $6.
Sell 200 of these a month, and youll get $120.
Course creation may be more profitable in some cases.
According to Francis, some of the best options here includereal estate crowdfundingand peer-to-peer lending.
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