One of the easiest ways to get recurring income is through domaining. It's the practice of buying and selling domain names. You register domains with good type-in traffic and run ads on them until you can find a buyer.
Until recently, running ads on parked domains was against Google's terms of service. To play the game, you had enter a revenue sharing agreement with an accredited registrar.
Now you can eliminate the middle man and put more coins in your pocket. Google finally added a way to monetize your parked pages and is rolling out Google "Domain Park" to all North American publishers with English language accounts.

Original post by Michael Campbell

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