Ideas for a side business

Want a side business that is

• as passive as possible
• provides stream of income
• should be through an LLC to make safe
• can do any with a group/partners or by yourself, but need initial capital to get it off the ground

Ideas:

• rental property (vacation, apartments, homes)
• own a condo (in nyc building) and rent it
• parking lot
• buy a specific parking space and then rent it out
• school campus rental property
• laundromat
• investments…
• dry cleaner (hire staff)
• organize hamptons trips for finance people (this is not a very passive stream)
• write a book and reap profits
• affiliate links on popular blog
• youtube/twitch viewers
• patent and license tech
• write Saas product that you can sell/maintain close to passively
• loan people money?
• convenience stores/delis
• taxi medallions or the like
• franchises (taco bell/subway)
• niche skills you can consult on
• scrape web data (automated) and sell it to hedge funds
• sell data based on your side businesses
• bet on sports, sell reliable bet predictions

More ideas