Passive Income - Part 4 of 6 - Rental Fee

The best title I can come up with for this Passive Income section is Rental Fee.

A rental fee can be charged for a physical product or a virtual product.

For example you buy a beach house, then rent it out 50 weeks a year. The income is somewhat passive or if you use a property management service, very passive.

This works best for expensive items where most people can't afford to own the item but desire the chance to use the item.

In a virtual setting we rent virtual assets. For example I rent space on my websites and BLOGs to advertisers. If someone collects email addresses and the person agrees to receive 3rd party email, that email list can be rented.

With rental income there may be some work required. There is also some risk, your rental property could get damaged, or your email list might run dry.

Stop back tomorrow for Part Five. If this is your first day, please read Part One.

Michael