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

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

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I researched real estate crowdfunding sites on returns and found that debt investments average around 9% whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform since it gives me access to as many deals as possible. .

Subscribers to the channel have probably already seen the videos on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 novels 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 fact, self-publishing is a natural fit for bloggers since youre already writing this material. 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 every book and you can generate a new book every few months if youre really focused. The 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 each publication and thats it. .

If youre doing a book every two months, youll have your $5,000 per month in just over two decades and now thats going to be consistent income each 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 few decades now and have reserved returns just under 10%. Now that may not sound fantastic 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 who need reliable money flow so their biggest 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 make that $5,000 a month but even a small portfolio will constantly be putting cash in your account. You receive paid principal and interest monthly on your loans so its a great cash flow investment. .

What I like about p2p investing on Lending Club is your sites automated investing tool. You decide on the criteria for loans in which you want to invest and the application does the click to read rest. It will search for loans every day that meet link those factors and mechanically invest your money. Its important because youre collecting money on your loan investments every day so that you want that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club makes the investment entirely passive. I might only check in on my account once per 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 notion is another twist on crowdfunding known as Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is actually how the arts used to operate hundreds of years ago. Back during the renaissance, artists utilized to ask the wealthy for 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 construct a community of people interested in your work, another use of a blog that does double-duty for this passive income plan, and then request them to make contributions every time you produce something. .

Now patrons dont come off empty-handed, you provide rewards and copies of the work. So to get a writer, you could 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.