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

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

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

Subscribers to the channel have probably 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 novel, anyone can do this and it is so straightforward. In fact, self-publishing is a natural match for bloggers because youre already writing the content. 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 if youre really focused. The very best part about self-publishing is that once you get it printed on Amazon, theres almost nothing left to do. I spend roughly $20 per month on advertising for every book and thats it. .

If youre doing a book every 2 months, youll have your own $ 5,000 per month in just over two years and thats going to be consistent income each month even in the event that you stop writing.

Another investment I highlighted browse around this site recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of years now and company website have reserved returns just 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 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 each $10,000 invested. Now thats a year so youll need a bit invested to create that $5,000 per 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 tool. You decide on the criteria for loans in which you want to invest and the program does the rest. It will search for loans every day that fulfill those variables and mechanically invest your money. Its important because youre collecting money on your loan investments every day so that 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 entirely passive. I could only check in on my account once a month or even less often. I know that app is going to keep investing my money for a secure and passive return.

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

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

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So now the site Patreon gives you the opportunity to get patrons for your own works. You build a community of people interested in your job, another use of a blog that does double-duty with this passive income strategy, and then request them to make Get More Info contributions each time you produce something. .

Now patrons dont come off empty-handed, you provide rewards and copies of the job. So to get a writer, you could offer copies of your own books. You can promise to publicly thank patrons on your site or to market something of theirs in the long run.