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It’s called passive income. It’s literally money that comes flowing into your bank account while you sleep –- or while you’re out on a nature hike or sailing or spending quality time with your kids.

You do have to work for passive money but only initially to set it up and get it going.

For example, let’s say you write an e-book and self-publish it on Amazon using Kindle Direct Publishing. It may take you weeks or months to research and write the book. However, once it’s done and selling online, it creates passive income for you for potentially years to come.

What are some other ways to create passive income? Here are some possibilities that work for thousands of other people.

Rent Your Car or Spare Car

If you don’t drive your car every day or have a second car, you can rent it out on a per-day basis. That’s easily done now thanks to apps, such as Turo or Getaround. They are called peer-to-peer rental companies. When you set up your car rental through these firms, all the details are handled, such as insurance, payment, what happens in case of problems and more. The folks at Turo, for example, say their average app user earns $706 a month.

Peer-to-Peer Lending

Similar to renting your car is setting yourself up as a peer-to-peer bank. Sign up to one of various online platforms, such as Prosper, Upstart or Peerform. All you do is put up a chunk of money (a maximum of $25,000 is recommended) and these sites will handle the lending process and all the fine print. You can earn from 5% to 30% with your money on short-term loans. The high-end earning loans are much riskier, but you can still generate decent passive income by making low-risk loans.

Outsource Your Freelance Work

Ken is a Minnesota-based freelance writer who is good at landing steady clients. For example, he writes the copy for the newsletters for several local small community hospitals. He also takes on other works. But then a local utility company asked him to write their monthly newsletter for customers, Ken opted to “farm the job out” to another writer he knows. In exchange for the work, Ken gets a percentage of the account. Today, Ken said he has nine writers working “under him” as subcontractors on account he owns. He earns a cut of everything they do.

If you’re a freelancer of some kind who is good at getting clients, you can outsource those jobs to others and collect passive income.