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You can invest as little as $1,000 in every property which means that you can build up a portfolio of different land types and in different areas for this diversification. You also get professional management of those jobs. The project owners send all debt or equity payouts throughout the platform and it has passed on to investors. .

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

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I researched real estate crowdfunding websites on returns and found that debt investments average around 9 percent 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 because it provides me access to as many deals as you can. .

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 have 10 books that averaged $1,857 a month this past year.

Before you think you cant write a book, anyone can do this and it is really easy. In fact, self-publishing is a natural fit for bloggers since youre already writing this 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 a month on each book and you can produce a new book every few months when youre really concentrated. The very best thing about self-publishing is that once you have it published on Amazon, theres almost nothing left to perform. I spend roughly $20 per month on advertising for every publication and thats it. .

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

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a few years now and have booked returns just under 10%. Now that may not sound fantastic against double-digit stock returns but its dual everything 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 biggest 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 quite a bit invested to make that $5,000 a month but even a little portfolio will constantly be putting cash in your account. You get paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I like about p2p investing on Lending Club is the websites 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 factors and automatically invest your money. Its important because youre collecting money on your loan investments every day so you want that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club makes the investment completely passive. I might only check in on my account once per month or even more often. I know that app 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 site is encouraged as a crowdfunding website for creative people like artists and writers but really its own for anyone with a side-hustle notion.

Patreon is actually how the arts used to work hundreds of years ago. Back during the try here renaissance, artists utilized 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 acquire patrons to 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 every time you produce something. .

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