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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 regions for this diversification. You also get professional management of those projects. The job owners send all debt or equity payouts throughout the system and it gets passed on to investors. .

Since these are longer-term projects, short-term economy hiccups shouldnt impact them. Real estate prices may occur after 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 property crowdfunding websites on returns and found that debt investments average around 9% while equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I enjoy investing on more than one platform because it gives me access to as many deals as possible. .

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 books that averaged $1,857 a month last year.

Before you think you cant write a book, anyone can do this and it is so easy. In fact, self-publishing is a natural match for bloggers since 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 every publication and you can generate 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 per month on advertising for every book and thats it. .

So if youre doing a book every 2 months, youll have your own $ 5,000 per month in just over two years and thats going to become 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 couple of years now and have booked returns only under 10%. Now that may not sound great against double-digit stock returns but its double everything you get from additional 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 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 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 sites automated investing instrument. You pick the standards for loans in which you want to invest and the application does the rest. It will search for loans every day that meet those factors and anonymous automatically 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 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 stable and passive return.

Our next passive income notion is another twist on crowdfunding known as Patreon. The website is promoted as a crowdfunding website for creative people like artists and writers but its own for anyone with a side-hustle notion.

Patreon is really 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 provides you the opportunity to get patrons to your own works. You build a community of people interested in your job, another usage of a blog that will double-duty for this passive income plan, and then request them to make contributions each time you produce something. .

Now patrons dont come away Get More Info empty-handed, you offer benefits and copies of the work. 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 promote something of theirs in the future.