7 Passive Income Ideas That Can Make You Big Bucks

Rent out extra rooms

Hotel rooms are expensive, fluctuate in price and can be fully booked depending on time of year. As a result, travelers are turning to private, short-term room-renting via sites such as AirBnB. You can rent out a room in your place or an entire apartment you own. Depending on where you live and vacancy demand you can make anywhere from $20 to $250 a night.