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You can invest as little as $1,000 in every property which means you can build up a portfolio of different land types and in different regions for that diversification. In addition, you get professional management of those jobs. The project owners send all debt or equity payouts through the system and it has passed on to investors. .

Since these are longer-term projects, short-term market hiccups shouldnt affect them. Real estate prices may follow the economy a little but there is still that natural demand from homeowners and commercial customers so that affirms costs.

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I researched real estate 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 like investing on more than one platform since it provides me access to as many deals as possible. .

Clients to the channel have probably already seen the movies 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 novel, anyone can do this and it's so straightforward. In reality, self-publishing is a natural fit for bloggers since youre already writing the content. 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 concentrated. The best thing about self-publishing is that once you have it published on Amazon, theres nothing left to perform. I spend about $20 per month on advertising for each publication and thats it. .

If youre doing a book every 2 months, youll have your $5,000 a month in just over two decades and now thats going to be consistent income each 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 decades now and have reserved returns just 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 reality, I guarantee you already have money in them through 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 about $1,000 on each $10,000 invested. Now thats a year so youll need quite a bit invested to create that $5,000 per month but even a small portfolio will constantly be putting cash in your account. You receive paid principal and interest monthly on your loans so its a view website fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is your sites automated investing tool. You pick the criteria for loans in which you want to invest and the program does the rest. It will search for loans daily which fulfill those variables and automatically invest your money. Its important because youre collecting money on your loan investments every day so you want that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club makes 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 website is promoted 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 ago. Back during the renaissance, artists used to ask the rich for their patrons to support their work through this website regular contributions.

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So now the website Patreon provides you the opportunity to acquire patrons for your own works. You build 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 to make contributions each time you create something. .

Now patrons dont come off empty-handed, you provide rewards and copies of this work. read the article So for a writer, you could offer copies of your own books. You could promise to thank patrons on your blog or to market something of theirs in the future.