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

Since these are longer-term jobs, short-term market 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 supports prices.

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I researched property crowdfunding sites on returns and found that debt investments average around 9% whilst 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 because it provides me access to as many deals as you can. .

Subscribers 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 also have 10 novels that averaged $1,857 a month last year.

Before you think you cant write a book, anyone can do so and it's really straightforward. In reality, self-publishing is a natural match for bloggers because youre already writing this 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 a month on each publication and you can generate a new book every few months when youre really concentrated. The best part about self-publishing is that once you have it published on Amazon, theres nothing left to do. I spend about $20 per month on advertising for every publication and thats it. .

If youre doing a book every 2 months, youll have your $5,000 a month in just over two decades and now thats going to be consistent income every 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 only 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 reality, I guarantee you have money in them through 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 see here now on the loans about $1,000 on every $10,000 invested. Now thats a calendar year so youll need quite a bit invested to create that $5,000 per month but even a small portfolio will constantly 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 like about p2p investing on Lending Club is your websites automated investing instrument. You pick the criteria for loans in which you want to invest and the application does the rest. It will search for loans every day get more which meet those variables and automatically invest your money. Its important as youre collecting money on your loan investments daily so you want that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club gets the investment completely passive. I might only check in on my account once per 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 known as Patreon. The site 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 work 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 website Patreon gives you the opportunity to acquire patrons to your own works. You construct a community of people interested in your job, another usage of a blog that will double-duty with this passive income strategy, and then request them to make contributions each time you create something. .

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