![]() Others go the commercial route and rent out to businesses. Sometimes, it’s about being resourceful and finding solutions to another person’s problems. It’s not always about shelling out tons of money. How about that extra space within your home’s garage? If you’re living near a high-foot traffic area, you can rent it out to a food cart owner. Why? They think that it’s only for individuals who have large pools of capital.Įver noticed those meat and fish stalls at your local wet market? You can own one and then rent it out to sellers. Most folks, when the discussion of rental property comes up, dismiss it prematurely. It’s steadily gaining usage locally because it’s relatively cheaper versus staying at a hotel.ĭid you know: You can also invest in hotel rooms & units for passive income in the Philippines You’ve probably heard of AirBnB, which is an online service that allows property owners to rent out units for a specified time. Nowadays, you will see folks buying condominium units and then leasing them for rent income. My grandmother built and leased apartment units as her main source of income. Rental PropertiesĪ Filipino investment vehicle favorite. Here are 14 of the best sources for passive income in the Philippines: 1. Once running, you can automate some tasks to make it more passive either through using dedicated services or outsourcing.Ĭheck out this guide as well: 20 high paying home-based jobs in the Philippinesġ4 Passive Income Ideas in the Philippines Still, the potential is too great to ignore and there’s a high chance of making money from something you are passionate about. Granted, most are not “as passive” when compared to the first two. With businesses and consumers flocking the internet by the billions everyday, it’s hard to pass up on the earning opportunities available online.įrom Affiliate marketing to drop shipping, selling e-books, online courses and others, the internet offers a trove of business opportunities for your taking. ![]() Potential financial risks of owning rental propertiesīeing realistic and clear on your rates and earnings targets are crucial to the success of your rental venture.Costs, time, and effort for maintaining property.It’s important to identify early the following key metrics in order to gauge if renting out properties will be a profitable venture for you. ![]() Related: 11 best investments for Filipino Millennials RentalĮarnings or payments obtained from leasing a piece of property. Shareholders get paid from the profits earned by the positive performance of their investment picks. A great example of this are dividend-earning stocks. ![]() InvestmentĪllocating money or capital into a business or an investment vehicle for the purpose of future potential earnings. In general, Passive income can be categorized into 3 types. “Earnings derived in which a person is not actively involved.” Passive income is earnings generated through investments in which the investor is not actively involved – such as income derived from rental property, limited partnership, or other ventures that require minimal supervision and/or effort. ![]() Low Maintenance Business Ideas & Outsourcing Become a Silent Business Partner or Buy an Existing Business 14 Passive Income Ideas in the Philippines. ![]()
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