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You can invest as little as $1,000 in every property that means you can build up a portfolio of different property types and in different areas for this diversification. In addition, you get professional management of those projects. The project owners send all equity or debt 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 a little but there's still that natural demand from homeowners and business customers so that supports prices.

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I surveyed real estate 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 stage since it provides 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 novels that averaged $1,857 per month last year.

Before you think you cant write a book, anyone can do so and it's so easy. In fact, 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 book for another income source.

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Im making an average of $185 a month on every publication and you can produce a new book every few months if youre really concentrated. The best part about self-publishing is that once you get it published on Amazon, theres almost nothing left to perform. I spend about $20 per month on advertising for every book and thats it. .

If youre doing a novel every two months, youll have your $5,000 per month in only over two years and thats going to become consistent income each month even in the event that you give up writing.

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of decades now and have booked returns only under 10%. Now that might not sound fantastic against double-digit stock returns but its double what 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 via any pension plan or insurance. You see banks sell their loans to investors that need reliable cash flow so their biggest 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 year so youll need quite a bit invested to create that $5,000 a 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 fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is your websites automated investing instrument. You decide on the criteria for loans in which you want to invest and the application does the rest. It will search for loans every day that fulfill those variables and automatically invest your money. Its important because 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 tool on Lending Club makes the investment completely passive. I might only check in on my account once a 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 promoted as a crowdfunding site for creative people like artists and writers but really its own for anyone with a side-hustle notion.

Patreon is really how the arts used to operate 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 provides you the opportunity to get patrons to your own works. You construct a community of individuals interested in your job, another use of a blog that will double-duty with this passive income strategy, and then request them why not try these out to make contributions every time you create something. .

Now patrons dont come away empty-handed, you offer benefits and copies of the work. So to get a writer, you might offer copies of your books. You could promise to thank patrons on your site or to promote something of theirs in the future.