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You can invest as little as $1,000 in each property which means that you can develop a portfolio of different property types and in different areas for that diversification. In addition, you get professional management of the projects. The project owners send all debt or equity payouts throughout the system and it gets passed on to investors. .

Since these are longer-term jobs, 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 business 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 whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one stage since it provides me access to as many deals as you can. .

Clients to the channel have probably already seen the videos 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 last year.

Before you think you cant write a book, anyone can do this and it is really straightforward. In fact, self-publishing is a natural fit for bloggers because youre already writing this 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 book and you can generate a new book every couple of months if youre really focused. The best part about self-publishing is that once you have it published on Amazon, theres almost nothing left to do. I spend about $20 per month on advertising for every book and thats it. .

If youre doing a novel every 2 months, youll have your own $ 5,000 a month in only over two decades and now thats going to be consistent income every month even in the event that you give up writing.

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

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Investing in loans is nothing new. In reality, I guarantee you have money in them via 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 about $1,000 on each $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 a knockout post be putting money in your 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 look for loans daily which fulfill those factors and automatically invest your money. Its important as youre collecting money on your loan investments daily so that you want to have that money reinvested as soon as possible. .

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The automated investing tool on Lending Club gets the investment completely passive. I might 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 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 for anyone with a side-hustle notion.

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

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

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