I’ve got six passive side hustles that you can start today from the comfort of your home, that could potentially earn you several hundred dollars per day passively. And the best part is that most of them require no skill, just a little bit of time on your part.
This first set hustle is not technically a side Hustle, but I could not put it on this list because it could literally add thousands of dollars to your bank account in just a couple of minutes.
6. MISSING MONEY (For those living in the US)
There’s a website called missingmoney.com, and basically, this is a completely free website that allows you to access your State’s unclaimed property program which is run by your State’s Treasury Department. Basically, every year there’s over three billion dollars worth of unclaimed money that’s returned back to owners by the state. And I can say this, right now you would honestly be very surprised with how much money you were actually missing, even if you didn’t think you were.
First, you go to missingmoney.com, then simply type in your name or any of your friend’s and family’s names into the search bar, and from there if you wanted to you could break it down even further by filtering out a specific State. After that, you’ll see that the name pops and you’ll see how much you’re owed.
Obviously, how much money you make with this side hustle is going to depend on how much money you lost. But in the end, it could be anywhere from a few hundred dollars to a few thousand dollars. The later side hustles on this list have the potential to make you over six figures or more per year, but as far as this side hustle goes I’m gonna give it a 3 out of 10 on the money scale.
5. RENT OUT UNUSED SPACE
Most of you reading already know that it’s possible to rent out things like your car, your home, and even a specific room within your home. But with this side hustle, you’ll be able to make some of the easiest passive income that you’ve ever made, by renting out things like space in your backyard, your driveway, your attic basement, and even your spare closet. That’s right, people will literally pay you hundreds of dollars per month to store their things in your space.
if you go to this website neighbor.com, then at the very top right corner tap on become a host, you’ll be able to list anything from your garage to your shed, all the way to your parking spot on your street. And these things are being rented out for hundreds of dollars per month.
For example, you’ll see that people are renting out a parking spot for $150 per month, just a normal house nothing special. and this some people took a step further by renting out a non-paved gravel driveway for $100 per month, how about renting out your garage for $300 per month. These are all real examples of real people making real money by renting out their unused spaces.
Now you may be thinking to yourself, “yeah but Prince, what exactly are people storing in my space, I don’t know if I feel comfortable?”. Well, it could be anything from boxes of just random things, cars, RVs, boats, inventory for a business, anything really. The best part about all this is that it’s super easy to sign up and it’s 100% free for you.
How Much You Can Make
Simply go to neighbor.com/host, tap on the list your space, then create a new account and get started. You can expect to make anywhere from $50 to $500 or more per month depending on what you are renting out. And of course, if you wanted to, you could rent out multiple spaces in your house or even outside of your house to help increase your monthly income.
Overall, this is definitely not the highest-paying side hustle on this list, nothing compared to the top three on the list. But it’s a super easy way to earn passive income without ever having to leave your house, and for that reason, I’m gonna give it a 4 out of 10 on the money scale.
4. INVITE TOM CRUISE OVER
Now this one is extremely interesting and the average top host can earn as much as $100,000 or more per year. There’s a website called peerspace.com, and basically what this website does is allows you to list your home as a location for film sets. All you have to do is hit the button that says start hosting for free, then you’ll quickly fill out some information about yourself, and details about your property, upload a few images of different areas in your house, add any additional information, and then hit submit. From that point, you just wait.
Many of the homes they’re showing on the home page of this site are sort of extravagant homes, but your house doesn’t have to be anything super unique for this to work. If you ever watch movies or TV shows, they always use regular homes and so why not list your home and potentially earn hundreds of dollars per hour. And typically, filming can last anywhere from a day or two to as long as a couple of weeks and so you could easily earn potentially tens of thousands of dollars for the side hustle.
The best part is that it’s all passive income, what’s even better is that peerspace will protect your house by providing one million dollars worth of liability coverage in case anything were to happen to your home. This means even if a single glass cup in your house breaks they’ll pay for it, and as I’ve already mentioned earlier top hosts can earn well over six figures per year by renting out their home on peerspace.
How Much You Can Make
But any house can expect to earn between $100 and $500 per hour for the side hustle I’ll give this a 6 out of 10 on the money scale. It’s a brilliant side hustle idea and it’s arguably one of the most passive ideas on this list, but it’s not the one that makes the most money that comes a little bit later.
The online shopping industry is expected to hit 5.5 trillion dollars in sales this year alone. Imagine for a second that you were able to capture even just a tenth of a percent of that 5.5 trillion dollars, that means you’d be making millions of dollars per year and that’s exactly where this next side hustle comes into play.
Behind giants like Amazon and Walmart, Etsy is one of the largest e-commerce sites in the world and presents a real opportunity for you to make life-changing money. Basically, what you’ll be doing with this side hustle is finding popular items that sell on Etsy, and then find similar items on dhgate.com.
Dhgate is a wholesale website where you can buy items super cheap sometimes Pennies on the dollar. Let me give you an example if you visit Etsy and you find a shop where they’re selling things like pillows and Farmhouse decorations. You may look at some stuff and think “yeah, that’s probably all homemade”. But the funny part is that I’m willing to bet that most of the items are not handmade.
For example, I found a pillow that’s very similar to a particular pillow I saw on dhgate, and so on dhgate this pillow is selling for $2.45 cents a piece, but you could probably sell this for close to $20 on Etsy. That’s nearly $18 in revenue from this one pillow alone, but if you include dozens of other items, there’s no doubt that you’ll be profiting potentially hundreds of thousands of dollars per year.
This is just one example, but what I want you to do is just go to Etsy, explore the different categories and figure out just by looking at the number of reviews and sales that products have that are popular on Etsy. I can tell you right now just from the research that I’ve done, you really can’t go wrong with selling items in any of the categories on the main menu.
For example, on the Etsy website, if you navigate to home and living, you can see that one of the sub menu items is home décor. And under home decor, we’ve got wall decor decorative pillows, which we actually just looked at picture frames, displays candles and holders, clocks vases. These are all things that you can buy for super cheap on dhgate or even other sites like Alibaba, and AliExpress.
How Much You Can Make
On average, though depending on how many products you have listed on Etsy, what products you’re selling, and how much you’re selling them for you can expect to earn anywhere from $1,500 in passive income. Top sellers on Etsy are easily earning well over six figures per year. If you would write a dedicated article about this side hustle, drop a comment down below that you would like me to make a dedicated video for the Etsy gate side hustle.
Given the relative ease of this side hustle and the fact that you never have to leave your house and you can do this all from the comfort of your bed and still make really good passive income, I’m going ti give this a 7 out of 10 on the money scale.
2. AMAZON FBA
This next side hustle can earn you potentially one thousand dollars or more per day consistently, and you never even have to leave your bed to do it. A lot of you may have heard of Amazon FBA, that’s not what this side hustle is but to better understand what this side hustle is I first need to give you some context about Amazon FBA. When you go out to stores like Walmart and Target and find discount or clearance items, buy them and then resell those items at full price on Amazon. It’s 100% legal and there are people literally making millions of dollars per year doing Amazon FBA.
However, it does require a little bit of work because you’re having to physically go out to stores and find these discount items to then resell on Amazon. But what if there was a way for you to do exactly this, except you never had to leave your bed. I’m going to call this side hustle Otilia’s Amazon and I’m telling you right now anybody can start it, it requires no skill, and you don’t have to deal with any inventory.
Basically, the first thing you need is an actual product to sell and you can find these products one of two ways. The first way is by simply going to Amazon, and going to the best sellers page to see what all the best-selling items are in every product category. If you wanted to get even more specific and see information like the monthly sales of a product, you could use a tool like helium 10 which is a tool that helps you to identify the best-selling products on Amazon as well as items that generate the most money.
For example, by using helium 10’s filter I was able to find that magnetic car holder for cell phones was a popular keyword being searched on Amazon. If you go into Amazon and type that keyword in, you’ll see that yes, indeed this is a popular product. And so I found a good product that’s making a lot of money each month, and so from this point what I would do is I would go to a wholesaling website like alibaba.com and try to see if I can find a manufacturer that sells a similar product to the ones being sold on Amazon.
Go to Alibaba, type in magnet car holder for cell phones and a lot of options pop up but the one that I recognize from Amazon almost immediately is the one I chose. And so they’re buying this product on Alibaba for 75 cents a piece, and then they’re basically selling it for $13 on Amazon.
This can be both good and bad.
It’s good because at least we know the product is actually selling and so if we start selling this product then we definitely know that we’re gonna get a lot of traffic which means potential sales. However, it’s terrible because it means there are already going to be established sellers selling that product. You have a couple of options here, you can either continue selling the product or just find a way to make your product more unique than the competition.
This could literally be as simple as just undercutting the competition by offering your product at a lower price, or perhaps you sell it as a two-pack. Instead set up selling just one you sell two. The other option would be just to keep looking for new products.
How Much You Can Make
Amazon themselves this side hustle can earn you as much as $200,000 or more per year. And the most work that you’ll have to do to get started is just finding a good product to sell, after that though it’ll be much more passive because all you’re doing is buying the product from Alibaba and then shipping it to Amazon who’s going to take care of all the Fulfillment for you.
Overall this is a very practical side hustle that can earn you thousands of dollars per day and you can do it all from the comfort of your bed. For that reason, I’m giving this an 8 out of 10 on the money scale.
1. ETSY PRINT ON DEMAND
I’m going to be honest with you guys, okay this last side hustle I personally thought about doing it for myself because it is so incredibly easy to start, it requires no money to start, and can be extremely profitable and passive. You’ve likely heard of print on demand before, this is when you have an online store and you sell things like hats and t-shirts to really anybody who randomly finds your store.
The problem with this is it really only works if you have a big social media following, or you’re actively promoting your store on different forums, Facebook groups, and to your friends. But with this side hustle, you don’t need a large social media following, you don’t need to actively promote your products, and even better you don’t need any friends. All you need is a free Etsy shop and a free printify account.
Basically what’s happening though is you’re going to be selling things like t-shirts and hoodies, sweatshirts, hats, mouse pads, mugs, bottles, towels, and really just about anything that you want. Now, you’re likely thinking to yourself right now “yeah, but Prince, I don’t have any money to buy these things to then sell them on Etsy”.
But fortunately, with this side hustle you don’t need any money, what you’re doing is designing clothing, phone cases, socks, mugs, bottles, etc. You’re designing them and then even though you don’t have the physical product yet, you’re going ahead and you’re listing it on Etsy.
How it Works
Here’s the thing, when somebody buys a product from you on Etsy they’re actually technically buying that product directly from printify. For example, if somebody were to buy a t-shirt from you on Etsy, that order gets sent directly to printify, and then printify is the one that actually creates the t-shirt, and then ships that t-shirt directly to your customer. And because you don’t have to buy any inventory beforehand, remember it’s all print-on-demand, which means you don’t have to have any money to start.
Now I know you probably have a lot of questions like how to actually design the products, how to price them on Etsy, and things like that. Once again, if you want me to write a dedicated article for this side hustle, if enough of you comment down below then I’ll write the article.
How Much You Can Make
On average, once you actually get up and running you can expect to earn between $1,500 per month consistently with this side hustle. However, there are people making between $15,000 or more per month and so it’s definitely possible to make well over six figures per year. You never have to leave your house, you never have to deal with inventory and still potentially make a lot of money, this side hustle easily earns a 10 out of 10 on the money scale. That’s it for this article, as always Peace and happy hustling!