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

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Since these are longer-term jobs, short-term economy hiccups shouldnt impact them. Real estate prices may occur after the economy a little but there's still that natural demand from homeowners and business users so that affirms costs.

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I researched property crowdfunding websites on returns and found that debt investments average around 9 percent whilst equity returns average 15% annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one stage because it provides 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 have 10 novels that averaged $1,857 a month this past year.

Before you think you cant write a novel, anyone can do this and it is really easy. In fact, self-publishing is a natural match for bloggers because youre already writing the content. 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 per month on each publication and you can generate a new book every few months when youre really focused. The best part about self-publishing is that once you get it printed on Amazon, theres almost nothing left to perform. I spend about $20 a month on advertising for each book and thats it. .

So if youre doing a novel every 2 months, youll have your $5,000 a month in just over two decades and thats going to be 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 decades now and have reserved returns just under 10%. Now that may not sound fantastic 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 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 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 small 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. .

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What I like about p2p investing on Lending Club is the websites 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 every day which meet those factors and mechanically 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 instrument on Lending Club gets the investment entirely passive. I could only check in on my account once a month or even more often. I know that program is going to keep investing my money for a secure her latest blog and passive return.

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

Patreon is actually how the arts used to operate hundreds of years back. Back during the renaissance, artists utilized to ask the rich 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 construct a community of people interested in your job, another use of a blog that will double-duty for this passive income strategy, and then request them to make contributions each time you create something. .

Now patrons dont come off empty-handed, you offer rewards and copies of the job. So for a writer, you might offer copies of your books. You could promise to thank patrons on your blog or to promote something of theirs in the future.

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