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You can invest as little as $1,000 in each property that means that you can build up a portfolio of different property types and in different regions for that diversification. In addition, you get professional management of the projects. The job owners send all equity or debt payouts through 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 occur after the economy a little 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 percent while equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I enjoy 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 idea, 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 novel, anyone can do this and it's so easy. In fact, self-publishing is a natural fit 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 per month on each publication and you can produce a new book every few months when youre really concentrated. The best thing about self-publishing is that once you have it published on Amazon, theres almost nothing left to do. I spend roughly $20 a month on advertising for every book and thats it. .

If youre doing a novel every 2 months, youll have your $5,000 a month in just over two decades and thats going to become consistent income each additional info month even if you give up writing.

Another investment I highlighted 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 fantastic against double-digit stock returns but its double everything you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you already 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 so 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 a month but even a little 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 the websites automated investing tool. You pick the criteria for loans in which you want to invest and the application does the rest. It will search for loans daily which meet those variables and mechanically invest your money. Its important because youre collecting money on your loan investments every day 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 entirely 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 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 really how the arts used to operate hundreds of years pop over to this site 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 provides you the opportunity to acquire patrons to your own works. You construct a community of individuals interested in your work, another usage of a blog that will double-duty for this passive income strategy, and then ask them to make contributions each time you create something. .

Now patrons dont come away empty-handed, you provide rewards and copies of the job. So to get a writer, you could offer copies of your books. You could promise to publicly thank patrons on your blog or to promote something of theirs in the long run.