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

Since these are longer-term projects, short-term economy 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 costs.

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I researched real estate crowdfunding websites on returns and found that debt investments average around 9% whilst equity returns average 15% 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 you can. .

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 books that averaged $1,857 per month this past year.

Before you think you cant write a book, anyone can do so and it is so easy. In reality, self-publishing is a natural match for bloggers because youre already writing the material. All you need 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 each publication and you can produce 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 nothing left to do. I spend about $20 per month on advertising for every book and thats it. .

So if youre doing a book every 2 months, youll have your $5,000 a month in only over two years and now thats going to become consistent income each 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 booked returns only under 10%. Now that might not sound great against double-digit stock returns but its double everything you get find out here now from other 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 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 address need a bit invested to create that $5,000 per month but even a little 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 the sites automated published here investing tool. You pick the criteria for loans in which you want to invest and the application does the rest. It will look for loans every day that fulfill those variables and automatically invest your money. Its important as youre collecting money on your loan investments daily so that you want that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club gets the investment completely passive. I might only check in on my account once a month or even more often. I know that program is going to keep investing my money for a stable 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 really its for anyone with a side-hustle notion.

Patreon is actually how the arts used to work hundreds of years back. Back during the renaissance, artists utilized to ask the rich to be 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 build a community of people interested in your job, another use of a blog that will double-duty with this passive income plan, and then ask 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 to get a writer, you could offer copies of your own books. You can promise to thank patrons on your blog or to market something of theirs in the long run.