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You can invest as little as $1,000 in each property that means that you can build up a portfolio of different land types and in different regions for that diversification. In addition, you get professional management of the jobs. The job owners send all debt or equity payouts through the platform and it gets passed on to investors. .

Since these are longer-term projects, short-term market hiccups shouldnt affect them. Real estate costs may follow the economy a little but there is still that natural demand from homeowners and business customers so that affirms costs.

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I surveyed real estate crowdfunding sites on returns and found that debt investments average around 9% while equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one platform since it gives me access to as many deals as possible. .

Clients to the channel have likely already seen the movies on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 novels that averaged $1,857 per month this past year.

Before you think you cant write a novel, anyone can do this and it is so straightforward. In reality, self-publishing is a natural fit for bloggers because youre already writing the content. All you need to do is reformat it and turn it into a book for another income source.

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Im making an average of $185 a month on each publication and you can generate a new book every few months when youre really concentrated. The very best part about self-publishing is that once you have it printed on Amazon, theres almost nothing left to do. I spend roughly $20 a month on advertising for each book and thats it. .

If youre doing a novel every two months, youll have your $5,000 per month in just over two years and now thats going to be consistent income every month even if you give up writing.

Another investment I emphasized recently was p2p lending through our website Lending Club. Ive been investing in p2p for a few decades now and have booked returns only under 10%. Now that might not sound great against double-digit stock returns but its dual what you get from additional fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you have money in them through any pension plan or insurance. You see banks sell their loans to investors who need reliable cash flow so their most important buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans so about $1,000 on every $10,000 invested. Now thats a calendar year so youll need a bit invested to create that $5,000 a month but even a small portfolio will constantly be putting money in your account. You receive paid principal and interest monthly on your loans so its a great cash flow investment. .

What I like about p2p investing on Lending Club is the sites automated investing tool. You pick the criteria for loans in which you want to invest and the program does the rest. It will look for loans daily which fulfill those variables and mechanically invest your money. Its important because youre collecting money on your loan investments daily so that you want to have see it here that money reinvested as soon as possible. .

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The automated investing tool on Lending Club makes the investment completely passive. I might only check in on my account once a page month or even less often. I know that program is going to keep investing my money for a stable and passive return.

Our next passive income idea is another twist on crowdfunding called Patreon. The website is promoted as a crowdfunding site for creative people like artists and writers but really its own for anyone with a side-hustle notion.

Patreon is really how the arts used to operate hundreds of years back. Back during the renaissance, artists used to ask the rich to be their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to acquire patrons for your own works. You build a community of people interested in your job, another usage of a blog that will double-duty with this passive income strategy, and then ask them to make contributions each time you produce something. .

Now patrons dont come off empty-handed, you offer rewards and copies of the work. So to get a writer, you could offer copies of your books. You can promise to thank patrons on your site or to promote something of theirs in the future.