Passive Income Ideas (Part 11 โ€“ ๐Ÿงฌ Niche Oddball Ideas).
Passive Income Ideas (Part 11 โ€“ ๐Ÿงฌ Niche Oddball Ideas).

Passive Income Ideas (Part 11 โ€“ ๐Ÿงฌ Niche / Oddball Ideas)

Hi and welcome back again to yet another part of this multipart series. This is the 11th part of this long series about passive income ideas to make money with. So far we have covered 10 more parts. In those 10 previous parts, we have covered 54 passive income ideas. In this part, we will pick up from that point 55 and continue to give you more ideas that you can use to make a living with. But first, if you have not read the previous parts, please read them below:

 

Niche / Oddball Passive Income Ideas.

Once you finish reading the previous 54 ideas that you can use to create a passive income with, its time to dive into today’s article. In this article we are going to talk about niche ideas that you can use to make money with. Without wasting any more time, lets get right into it.

Idea #55. Buy & Sell Domain Names (Domain Flipping).

You can create a great passive income through domain flipping. This is whereby you buy domains with a potential and sell them later at a higher price. You can buy the domains from anywhere or you can go to the online domain sales platforms like namecheap.

Just to give you some tips, make sure that you choose domains with a good name. Don’t go for domains that make no sense. Go for domain names that carry meaning. For example, dont buy domain that are numbers like 324436hfjn.com. That is a bad domain. Go for domains with a name and a meaning like buycrypto.com. This is a good domain because it carries the meaning that “buy cryptocurrency”.

Another tip for you, domain names with a website for it and the website is ranking on google is better. There are businesses that want an already ranking domain to build their website upon. This will make their work easier to grow their website ranking on search engines like google. For this you can get paid even $5000 per domain.

Idea #56. Purchase Royalties & Keep Collecting Income.

Another great way that you can create a passive income, is through buying royalties. This means that once you buy the royalties, the royalty fees will come to you. Let me explain for those who do not understand how this works. When you make something of value like a book or a song, you retain the Intellectual Property rights of that thing. Usually it depends on what agreement you had with the publisher company.

With those IP rights, whenever anyone wants to use your property, whether its a song or a design or a book, they have to pay you. The payment might not be a lot, but the genius is in the numbers. If you can get many people to pay to use your IP, then you can make a whole lot of money.

In this point, we assume that you are not the creator of this content. Hence why we advise you to buy the royalties and redirect the royalty money to yourself.

Idea #57. Invest in Farmland.

If you are someone who loves agriculture and farming, then you can invest in it too. Once you invest you create a passive income for yourself. Platforms like AcreTrader offer people with the opportunity to invest in farming. They will provide you with the ability to make and have a passive farm income.

No you do not have to worry about all the work that comes with farming. AcreTrader will do all the work. They will handle the farming, management and administration. You just get your investment income just like any other investment.

Idea #58. Advertise on Your Car.

If you own a car, you can turn it into a passive income. This is whereby you make money with your car without having to do any active work with it. The way this works is by turning your car into a moving advertisement. You let companies and businesses advertise on your car and then you drive around in your usual daily routine. The advertiser will pay you because as you drive around the city, people get to see the advertisement on your car. For this advertisement and making people around the city/town see it, they pay you.

Hence you get to do your usual activities, drive around and earn without having to do anything extra.

Idea #59. Buy a Billboard Lease.

Billboards around cities are used for advertising. There is no city you will ever go to and fail to see the billboards. You too can lease a billboard and sell the ad-space to advertisers. In simple terms, we are talking about you acting as a middleman. You lease the billboard and then sell the ad-space to the advertisers.

Actually you can act as an advertiser for businesses. You go to the businesses and offer to get their ads on billboards and then when they pay you, you post the ads on the billboards you leased.

Idea #60. License Drone Footage.

If you own a drone, you can turn that into a passive income too. These days there are all kinds of people who need drone footage. For example there are some people who have a wedding and they want an aerial footage. They come to you, you license them to use your drone or you can actually take the footage for them for a higher pay.

Not just weddings but all kinds of people and businesses need aerial drone footage. Another example is content creators or filmmakers who want to make an aerial shot video for their content. This is also another opportunity for you to make money. Moreover, there are real estate owners and realtors who need aerial drone footage for their property. All these are opportunities for you to create a passive income with using your drone.

Idea #61. Crowdfunded Litigation Finance.

Lawsuits especially civil lawsuits can lead to a lot of money in settlements. You can crowdfund people with such lawsuits and help them win the case. Once they win the case, you earn money from the settlement of the case. You know when the people you helped win the case, they will be paid a big settlement and then from that settlement they pay you.

Idea #62. License Your Voice or Face to AI Companies.

Sounds crazy right? Don’t be surprised anymore because these days you can actually license your voice and face to AI companies. I know you are wondering how this works. Have you ever used AI? Then you must have heard it speaking to you. You know, giving you a verbal response. This voice that the AI is using to respond to you belongs to someone. That person probably licensed his/her voice to that AI company to use their voice. You too can do this. This is your opportunity yo license your voice too. Not only the voice but also face is needed these days as AI gets more advanced.

Conclusion.

This marks the end of the 11th part of this multipart series. This part brings the total number of ideas to make money with passive income to 62. Come back again tomorrow for the last part of this long series. Tomorrows part will be the very last part part of the series. More like series finale! Don’t miss.