Financial planners said real estate is a top source of passive income for their clients.
Making passive income isn't always as easy as it sounds — it takes time and money up front, and the benefits don't come overnight.
To find out how people are earning passive income, Business Insider asked several financial advisors to share their clients' top passive-income sources.
"Passive income sources like podcasts, websites, apps, YouTube channels generating income off of ads — those are really common sources of passive income that I've seen," he told Business Insider.
Creating digital products for sale onlineEllis said that digital products are a common way she's seen clients earn passive income recently.
Persons:
Brent Weiss, he's, Weiss, Akeiva Ellis, She's, it's, Wealthfront, Read, Andrew Westlin, I've, What's, Ellis, doesn't
Organizations:
YouTube, Business