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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 property types and in different areas for that diversification. In addition, you get professional management of those jobs. The job owners send all debt or equity payouts through the system and it gets passed on to investors. .

Since these are longer-term projects, short-term economy hiccups shouldnt impact them. Real estate costs 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 surveyed real estate crowdfunding websites on returns and found that debt investments average around 9 percent while equity returns average 15 percent annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one platform since it provides me access to as many deals as possible. .

Clients to the channel have likely already seen the videos on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and 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 straightforward. In fact, self-publishing is a natural match for bloggers since youre already writing the content. All you have 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 per month on each publication and you can produce a new book every couple of months when youre really focused. The very best part about self-publishing is that once you get it published on Amazon, theres almost nothing left to perform. I spend roughly $20 a month on advertising for every publication and thats it. .

So if youre doing a novel every 2 months, youll have your own $ 5,000 a month in read the article just over two decades and thats going to become consistent income each month even if you give up writing.

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

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Investing in loans is nothing new. In reality, I guarantee you already have money in them via 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 about $1,000 on every $10,000 invested. Now thats a year so youll need quite a bit invested to make that $5,000 a month but even a small portfolio will constantly be putting cash in your account. You get paid principal and interest monthly on your loans so its a great cash flow investment. .

What I enjoy about p2p investing on Lending Club is the websites automated investing instrument. You decide on the criteria for loans in which you want to invest visit the website and the application does the rest. It will search for loans try here every day which meet those variables and mechanically invest your money. Its important because youre collecting money on your loan investments daily so you want to have that money reinvested as soon as possible. .

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The automated investing tool on Lending Club makes the investment entirely passive. I might only check in on my account once a month or even less 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 known as Patreon. The website is promoted as a crowdfunding website for creative people like artists and writers but really its own for anyone with a side-hustle idea.

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

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So now the website Patreon gives you the opportunity to acquire patrons to your own works. You build a community of individuals interested in your work, another use of a blog that does double-duty with this passive income strategy, and then request them to make contributions each time you produce something. .

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