Avanafil

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The quickest way to passive income is real estate.

Get a minimum wage job. Save up 3.5% FHA loan of a $200,000 5 bedroom house, which is $7,000. Then, using your minimum wage job as an excuse for a loan from the bank, get a mortgage payment at like $500/month. Then, live in one of the bedrooms, and rent out the other four for $500/month. BAM! $2,000/month + a room for yourself for free. Then quit the minimum wage job and pay the mortgage using a small portion the rent (so you profit $1,500 + free rent for yourself).
 

goldy490

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But actually, buy and sell crap on craigslist and ebay. I made a ton in undergrad buying crap for dirt cheap at estate sales, then selling it online for substantially more!
 
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goldy490

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Or, ya know...drugs are a pretty good investment too...
 
OP
imtotallynotbradpitt
Aug 17, 2015
78
105
Status
Pre-Medical
....thanks..

The quickest way to passive income is real estate.

Get a minimum wage job. Save up 3.5% FHA loan of a $200,000 5 bedroom house, which is $7,000. Then, using your minimum wage job as an excuse for a loan from the bank, get a mortgage payment at like $500/month. Then, live in one of the bedrooms, and rent out the other four for $500/month. BAM! $2,000/month + a room for yourself for free. Then quit the minimum wage job and pay the mortgage using a small portion the rent (so you profit $1,500 + free rent for yourself).
Start making meth in your basement.
"Indoor gardening" perhaps? Less risk of explosion than meth.
If I learned anything from Discovery Channel it's that moon shining is both simple and incredibly lucrative
 

Spector1

Orbis non Sufficit
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You could try streaming games on twitch and see if people will give you tips. (bonus points if you're a girl)
 

StudyLater

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Jan 4, 2015
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@imtotallynotbradpitt Don't you think you could just get a job and make this on the first day? Seriously.

But honestly I think tutoring is the best way to go. You'll work like 2hrs to get your $50, and they'll pay in cash right away. Put an ad on craigslist, and post fliers on your campus.
 

childofmercy

Soli Deo Gloria
Jun 9, 2014
214
147
Got a cabin in Manolo
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What kind of studies do you participate in? Im living near the NIH and would love to make some money doing this. But most I found require a yearly commitment for 12 years.....
Very short asthma/allergy/MS studies. Longest one i did was 3 months but they're 5/6 visits over 3 months, usually with 8hr days. Check out what your UG or local UG has available, that's where i do mine. As well at a local hospital.
 

Gauss44

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Focus groups, marketing surveys, etc. Just sign up with a company that runs focus groups and marketing surveys and that has a good reputation in your area.
 
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narvik2016

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Jul 14, 2014
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Focus groups, marketing surveys, etc. Just sign up with a company that runs focus groups and marketing surveys and that has a good reputation in your area.
I second this! When I was working as a teacher, I would get these emails all the time asking me to complete random surveys about my teaching experience. I ignored them for awhile... one day decided to fill one out and a month later I got a random $50 in the mail... all for a 10-min survey.
 

moisne

5+ Year Member
Jan 7, 2014
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try tutoring. Online tutoring, I once made a max of 800$/month. In person tutoring, I make 500-600$ a month - (Charge 60$/hour)
 

ruedjgtc

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  • Tutoring: get trained at your university, it'll help you when you want to charge more, it'll also help you get students rather easily — don't tutor for a company, unless it's SES or something so if you get screwed (and you will get screwed) at least you'd have the satisfaction that you helped some kids
  • Science enrichment programs or math camps etc: I was paid 30-50 per hour
  • Be a research subject: I used to do this every year in college, really made a lot doing it and got free meds for my own asthma
  • Free lance writing: companies will hire content writers, I used to receive 15 per article (300-500 words, it's like getting paid to write easy secondary essays)
 
OP
imtotallynotbradpitt
Aug 17, 2015
78
105
Status
Pre-Medical
I'm going to look into
1. research studies
2. tutoring

I don't want a job because I just want a gig every now and again.

  • Tutoring: get trained at your university, it'll help you when you want to charge more, it'll also help you get students rather easily — don't tutor for a company, unless it's SES or something so if you get screwed (and you will get screwed) at least you'd have the satisfaction that you helped some kids
  • Science enrichment programs or math camps etc: I was paid 30-50 per hour
  • Be a research subject: I used to do this every year in college, really made a lot doing it and got free meds for my own asthma
  • Free lance writing: companies will hire content writers, I used to receive 15 per article (300-500 words, it's like getting paid to write easy secondary essays)
What companies have you written for?
 

ruedjgtc

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Jul 9, 2013
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I'm going to look into
1. research studies
2. tutoring

I don't want a job because I just want a gig every now and again.



What companies have you written for?
A company called PK4 media, ended up writing about 100 articles for them. Every now and then they have projects come up where they need writers who are versed in science, nutrition, medicine, etc. So, if you're a decent writer, it's a good way to pick up some extra easy money.

You'll like tutoring. But again, it's better to work for yourself and get paid in cash. Though, if you decide to claim the income on a W-9 you can claim exemptions on your tax returns. If you already had a part time job, claiming more exemptions will get you a better tax return. Though, if you have no idea what the heck you're doing with taxes then just take cash and try not to blow it at the clubs.
 

Spinach Dip

Delicious with nachos
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I've looked into being a research subject, but all the studies within my area only want patients with some rare form of cancer/80yos with type 2 diabetes/peds patients who had some severe trauma within the past 2 years/other obscure stuff.

Freelance tutoring is acceptable if you can handle not knowing how you're going to pay rent every month (until the day before its due).
 
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Feb 11, 2014
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Definetly try Uber. I did it for a week and made a good chunk of dough. I only did it for a week cause my car began to smell very bad. Mostly of tobacco smoke and body odor. The smell is kinda etched into my seats now...
 

Holmwood

WOW
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Jul 20, 2014
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If you can make content, you can just get money through adsense.

If you want to write books, you can self publish on kindle.

If you already have a large wad of cash, invest in something.

Online surveys are also viable... but the time/payment ratio leaves something to be desired...

You can sell stickers through zazzle, redbubble, etc.

"Online services" . . . ... .. like fiverr.
...............

But all in all, uber gives the best return I think. And while you're driving around to random places, you can make money through the app gigwalkers.
 

Lawper

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Screw tutoring... Barely ended up making $250 after 22 hours of tutoring in 1 month
$10-15/hr is standard for tutoring at universities. You can make a lot more via private tutoring
 

Goro

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Jun 10, 2010
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All he has to say is "medical student".

OP would have to be 6'1"+ with blonde hair and blue eyes before qualifying for that.
 
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Nov 2, 2015
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Become a seller on Amazon. I sold a ton of stuff - textbooks, DVDs, old video games, random electronics, etc. Made quite a bit on stuff I no longer used or needed.
 
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TBV

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In dead seriousness, become a sperm donor, or sell blood/plasma.
Don't the majority of places require that you hold a Bachelor's and are over 6 ft tall and various other qualifiers before you can do sperm? Plasma though that's where it's at.

Also, get good at table games and hit the casino.

EDIT: didnt read above before posting
 

Chlorini

Just keeping cool in the pool...
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Apr 28, 2015
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Can you write?

I made a ton of extra money as a freelance writer. I set up a profile on elance.com and Odesk.com. I made a full-time job out of it before I decided medicine was for me. Many companies will pay $50-$100 for small piece to put on their website/blog. Setting up the profile is time consuming and I had to take a few jobs for close to nothing when I first started.
 
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Pagan FutureDoc

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Oct 28, 2015
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If you're comfortable naked and enjoy weirdos, posing for artists is fun.
I did this for the figure drawing sessions for my UG art classes...I was make $40 for 2 hrs work.
Work consisted of sitting mostly still while being cold.
 
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Rainbow Zebra

Long, hard journey
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Professors usually have houses and give parties, be a bartender/server, housekeeping or yard cleanup.
 

rederza

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Oct 24, 2014
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Anyone have tips on how to tutor at a decent rate? The most I've ever gotten was $15/hour, but I have over 4 years of experience tutoring gen chem/ochem/biochem/calc at my university, and I even was reached out to them to help tutor the MCAT as well. (If it helps, I can also tutor PCAT- was able to score in the 99th percentile).

I've only been recruited by ****ty pyramid type scheme startup people that pay like 17/hr and expect me to drive to the clients house while they pocket 80/hr :(
 

Holmwood

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Anyone have tips on how to tutor at a decent rate? The most I've ever gotten was $15/hour, but I have over 4 years of experience tutoring gen chem/ochem/biochem/calc at my university, and I even was reached out to them to help tutor the MCAT as well. (If it helps, I can also tutor PCAT- was able to score in the 99th percentile).

I've only been recruited by ****ty pyramid type scheme startup people that pay like 17/hr and expect me to drive to the clients house while they pocket 80/hr :(
I know which ones you're talking about, haha. Care.com seems to be pretty good. Someone contacted me for 40 bucks/hr just to teach social studies/math to some elementary kid.
 

rederza

Please stop stalking my posts
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Oct 24, 2014
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I know which ones you're talking about, haha. Care.com seems to be pretty good. Someone contacted me for 40 bucks/hr just to teach social studies/math to some elementary kid.
Do you have to drive to their house? I mean $40 is still better than what I was offered, but I'd rather work for a company where they come to me. (Or meet at a classroom)
 

Holmwood

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Do you have to drive to their house? I mean $40 is still better than what I was offered, but I'd rather work for a company where they come to me. (Or meet at a classroom)
You talk to the parents about that. But usually you have to go to their house or meet at a public place.... If you're totally set on not moving too far, you can designate that you're not willing to travel more than a set distance. Either way, you're going to have to juggle different phone numbers just to make a reasonable salary.

I can guarantee you that companies that have multiple tutoring centers tend to have that bogus pay cut. . . but you trade your pay/hour for stability and consistent pay.
I think smaller companies tend to pay more because they don't have to charge ridiculous amounts for advertising, and you can find these through craigslist. My brother found a guy near his school (in a predominantly Asian community) that has his own amateurish tutoring center and pays him 20 bucks an hour. While on the other hand, more established tutoring places like kumon pay a measly 10-11 bucks an hour...

Edit: you can also try online tutoring. They all tend to suck in the beginning as you try to build your reputation, I guess, but you can usually set your own wages. And the students can come to you. :O
 

claduva94

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Apr 21, 2014
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If you did really well on the SAT/ACT, do private tutoring.

The better your resume, the higher you can charge people, who'll still hire you. I did between $50-100/hr, don't go work for a company they'll rip you off.
How did you find your clients?
 

DrShephardWannabe

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Dec 11, 2014
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Other ideas are good, but something nobody has mentioned yet is learning how to code. My roommate makes nearly $1000 a month doing HTML websites on the side for mostly school faculty/departments and some local small businesses. If you get good at it, a solid, clean looking website that you charge $500 for can take you 10 hours.

I followed his lead, took about 2 months to learn advanced coding, and made a few dollars off of side projects. Random things like coding schedule makers and websites. It's also nice because I can work on the projects whenever I want.
 
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Warrenc

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Nov 19, 2011
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once in undergrad i tutored a girl in HS for her AP chem final exam.... it was short notice, but she paid me $50/hour for 6 hours... :D
 

Whale

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Apr 2, 2010
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Edit: you can also try online tutoring. They all tend to suck in the beginning as you try to build your reputation, I guess, but you can usually set your own wages. And the students can come to you. :O
I tried online tutoring InstEDU, they charge students $25 and pay tutors $20/hr. I don't know how to consistently have students to tutor though, seems like mostly last-minute homework/project/test-cramming help.

Not sure how good instaEDU is compared to other sites.
 
Jun 12, 2014
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Do you have any experience with kids (even if it was just watching your younger siblings/cousins/whatever)? If so, babysitting can be a good side business.

If you are currently looking, a lot of retail places are hiring seasonal employees right now.
 
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Holmwood

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Do you have any experience with kids (even if it was just watching your younger siblings/cousins/whatever)? If so, babysitting can be a good side business.

If you are currently looking, a lot of retail places are hiring seasonal employees right now.
Or for guys, pet sitting. : O 'Cause guys usually can't baby sit.
 
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