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Residual Income Jobs in Rhode Island (NOW HIRING)

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Residual Income information

See Rhode Island salary details

$36.7K

$77.5K

$98.4K

How much do residual income jobs pay per year?

As of Sep 12, 2026, the average yearly pay for residual income in Rhode Island is $77,450.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,700.00 and $91,100.00 per year, depending on experience, location, and employer.

What is residual income?

Residual income refers to money that continues to be earned after the initial effort has been completed. This type of income often comes from investments, rental properties, royalties, or businesses that generate ongoing revenue with minimal daily involvement. It's a popular concept for those seeking financial independence because it allows for continuous earnings without constant active work. Examples include book royalties, dividends from stocks, or rental income from real estate properties.

What are the key skills and qualifications needed to thrive as a residual income specialist, and why are they important?

To thrive as a Residual Income Specialist, you need a solid understanding of financial principles, passive income strategies, and business development, often supported by experience in finance or marketing. Familiarity with CRM software, financial analytics tools, and investment platforms is typically required. Strong networking, communication, and self-motivation skills set top performers apart in this field. These abilities are essential for building sustainable income streams, managing client relationships, and adapting to changing market opportunities.

What are common challenges faced by professionals working in roles focused on building residual income?

Professionals working to build residual income often face the challenge of developing reliable revenue streams that require significant upfront effort or investment. It can take time to establish systems or products (such as rental properties, digital content, or network marketing channels) that generate ongoing income with minimal day-to-day involvement. Additionally, maintaining and scaling these income streams often requires strong self-motivation, adaptability to market changes, and effective time management. Collaborating with others, such as financial advisors or business partners, can also be essential for long-term success.

What is the difference between Residual Income vs Real Estate Agent?

AspectResidual IncomeReal Estate Agent
Required CredentialsVaries; often no formal credentials needed, but certifications can helpReal estate license required
Work EnvironmentCan be passive, from investments or royaltiesActive, client-facing sales environment
Industry UsageFinance, investments, royaltiesReal estate industry
Income TypeRecurring, passive income streamsCommission-based, active income

Residual income involves earning passive income through investments or royalties, while a real estate agent earns active commissions from property sales. Both roles are prominent in their industries, but residual income typically requires less active work once established, whereas real estate agents actively engage with clients to generate income.

What are popular job titles related to Residual Income jobs in Rhode Island?

For Residual Income jobs in Rhode Island, the most frequently searched job titles are:

What job categories do people searching Residual Income jobs in Rhode Island look for?

The top searched job categories for Residual Income jobs in Rhode Island are:

Infographic showing various Residual Income job openings in Rhode Island as of August 2026, with employment types broken down into 67% Full Time, 31% Part Time, and 2% Contract. Highlights an 65% Physical, 1% Hybrid, and 34% Remote job distribution, with an average salary of $77,450 per year, or $37.2 per hour.

Solutions Consultant - Providence, RI

Providence, RI • On-site

$250K/yr

Other

Posted 10 days ago


Job description

Providence, United States | Posted on 06/12/2026

Build Your Income Engine with Paybility Financial

Welcome to Paybility – where your hustle turns into a recurring income stream, your wins stack over time and your pay ceiling simply doesn’t exist.

Most sales jobs pay you ONCE. This one keeps paying you… every single month, as long as certain conditions are met.

What You Get
  • Industry leading commission on every deal you close
  • Monthly residual income (you keep getting paid month after month)
  • Unlimited earning potential – no cap, no limits. Your pay is capped only by the effort you put into the role
  • Real path to six figures and beyond. Our top 10% earners exceed $250k/year
  • You don't just get a job, you get REAL CAREER momentum.
What You’ll Do
  • Prospect, pitch, and close new merchant services relationships – and provide capital lending as applicable
  • Build and grow your own book of business, becoming the most trusted business services partner in the geography you represent
  • Help business owners save money and improve their payment systems through a merchant services partnership that puts clients first
  • Stay active – fully commit to daily engagement and activity to win relationships
  • Own your schedule, results, and paycheck – it’s that simple
A Day in the Life

No micromanaging. No rigid scripts. Build your business, one relationship at a time, using a proven recipe you can customize.

Morning

  • Prospecting (calls, emails, walk‑ins)
  • Following up on leads and referrals
  • Meeting business owners face‑to‑face
  • Reviewing statements and finding savings
  • Presenting solutions that actually make sense

Afternoon

  • Setting up your next wins
  • Building relationships
  • Earning referrals
  • Growing your residual income month after month

Again…you own your schedule, results, and paycheck.

Why Paybility Wins
  • Selling is easier when you’re not selling—you’re truly helping merchants reduce cost, and streamline their operations
  • No contracts, unlike most competitors
  • No rate increases. Ever
  • Transparent pricing
  • Multiple platforms (TSYS, First Data, Worldpay, and more) – most offer just one option
  • Merchant‑first solutions – we win when merchants win
  • You’re offering a better solution, not pushing a product
Who This Is For
  • Self‑starters who don’t wait for permission
  • People who think like entrepreneurs
  • Strong communicators who can build trust fast
  • Anyone ready to control their income and future
Not For You If
  • You need a base salary
  • You avoid prospecting
  • You’re looking for something easy

Simply put: This role rewards effort. Period.

This Is Your Chance To
  • Build a book of business that pays you monthly
  • Create freedom through recurring income
  • Work independently—with real support behind you
Requirements

This is a 1099 independent contractor, commission‑only sales role designed for self‑motivated professionals who value flexibility, independence, and unlimited earning potential. While contractors maintain control over their schedule and daily activity, consistent performance and participation expectations are required to remain in good standing.

Performance Expectations
  • Meet minimum monthly production expectations by successfully closing at least one merchant account per calendar month
  • Maintain active engagement in business development and merchant prospecting activities
  • Attend required weekly sales and performance meetings (virtual)
  • Participate in recurring one‑on‑one coaching/accountability meetings with leadership
  • Maintain professional communication and responsiveness with management, merchants, and team members
  • Demonstrate consistent effort toward pipeline development, follow‑up activity, and closing opportunities
  • Accurately complete and submit required onboarding or deal documentation promptly
  • Represent the company professionally and ethically at all times while engaging with merchants and referral partners
Schedule & Flexibility
  • Part‑time commitment will not yield full‑time results – you’ll need to put the time in to find success in this role
  • Contractors maintain flexibility to determine their own schedule, territory, and prospecting strategy
  • No fixed hourly schedule is required
  • Work may be performed remotely, in the field, or through networking and referral activities
  • Success in this role requires strong self‑discipline, time management, and consistent sales activity

This opportunity provides substantial flexibility and uncapped earning potential; however, flexibility does not eliminate performance expectations. Contractors are expected to produce results actively, participate in weekly meetings, and maintain minimum monthly production standards to continue the relationship in good standing.

Here’s What You Gain
  • Unlimited Earning Potential – commission‑only structure with no income cap
  • Residual Income Opportunities – build long‑term monthly income from active merchant accounts
  • Flexible Schedule – set your own hours and manage your own daily activity
  • Independence & Freedom – operate as an independent contractor with control over your workflow and territory
  • Performance‑Based Growth – your results determine your income and advancement opportunities
  • Ongoing Support & Coaching – weekly meetings, leadership guidance, and one‑on‑one accountability support designed to help you succeed
  • Real Career Potential – opportunity to grow into leadership, recruiting, or management‑related responsibilities based on performance
  • Professional Development – gain experience in sales, relationship management, networking, negotiation, and business development
  • Remote & Field Flexibility – work from home, in the field, through referrals, networking events, or prospecting routes you create yourself
  • Entrepreneurial Environment – ideal for individuals who want to bet on themselves rather than work under traditional income limitations
  • Access to virtual health visits – while full benefits aren’t available for a 1099 contractor, access to unlimited virtual health care may be available
Ready to Build Something That Pays You Back?

If you’re done trading time for money and ready to create income that grows with you, apply now and let’s build something that lasts.

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