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

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

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I researched property crowdfunding websites on returns and found that debt investments average around 9% while equity returns average 15% annually. I invest in property debt on PeerStreet and in debt. I enjoy investing on more than one platform because it provides me access to as many deals as possible. .

Subscribers 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 books that averaged $1,857 a month this past year.

Before you think you cant write a book, anyone can do so and it is so easy. In reality, self-publishing is a natural match for bloggers because youre already writing this material. All you have to do is reformat it and turn it into a publication for another income source.

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

So if youre doing a novel every 2 months, youll have your $5,000 per month in just over two years and now thats going to be consistent income each month even if you give up writing.

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of years now and have reserved returns just under 10%. Now that may not sound great against double-digit stock returns but its dual what you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you already have money in them through any pension plan or insurance. You see banks sell their loans to investors that 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 year so youll need quite a bit invested to make that $5,000 per month but even a small portfolio will constantly be putting money in your read here account. You get paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is the sites automated investing instrument. You decide on the standards for loans in which you want to invest and the program does the rest. It will search for loans every day that fulfill those factors and mechanically invest your money. Its important because youre collecting money on your loan investments every day so you want to have that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club gets the investment completely passive. I might only check in on my account once a month or even more often. I know that program is going to keep investing my money for a secure and passive return.

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

Patreon is actually how the arts used to work hundreds of years ago. Back during the renaissance, artists used to ask the rich for 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 to your own works. You build a community of people interested in your work, another use of a blog that does double-duty for this passive income strategy, and then ask them to make contributions each time you create something. .

Now patrons dont come off empty-handed, you provide benefits and copies of this work. So for a writer, you might offer copies of your books. You could promise to publicly thank patrons on your blog or to market something of theirs in the long run.