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You can invest as little as $1,000 in each property that means 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 projects, short-term market hiccups shouldnt impact them. Real estate prices may follow the economy somewhat but there's still that natural demand from homeowners and commercial 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 stage since it gives me access to as many deals as possible. .

Subscribers to the channel have likely already seen the movies 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 this and it's really straightforward. In reality, self-publishing is a natural match for bloggers since youre already writing this 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 every publication and you can generate a new book every few months if youre really focused. The best thing about self-publishing is that once you get it printed on Amazon, theres almost nothing left to do. I spend about $20 a month on advertising for every publication and thats it. .

So if youre doing a book every two months, youll have your own $ 5,000 per month in only over two years and thats going to become consistent income each month even if you stop click for more info writing.

Another investment useful site I emphasized 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 might not sound great against double-digit stock returns but its dual everything you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you have money in them through 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 every $10,000 invested. Now thats a calendar year so youll need a bit invested to make that $5,000 per month but even a small portfolio will constantly be putting money 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 rest. It will look for loans daily that meet those variables and automatically invest your money. Its important as youre collecting money on your loan investments daily so you want to have 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 per 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 idea is another twist on crowdfunding called Patreon. The site is promoted as a crowdfunding site for creative people like artists and writers but its for anyone with a side-hustle idea.

Patreon is actually how the arts used to operate hundreds of years back. Back during the 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 website Patreon gives you the opportunity to get patrons for your own works. You build a community of people interested in your work, another use of a blog that does double-duty for this passive income strategy, 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 this job. So for a writer, you could offer copies of your own books. You can promise to thank patrons on your blog or to promote something of theirs in the long run.