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You can invest as little as $1,000 in each property that means you can build up a portfolio of different property types and in different areas for that diversification. You also get professional management of those jobs. The job owners send all debt or equity payouts throughout the platform and it gets passed on to investors. .

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

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I surveyed property crowdfunding websites on returns and found that debt investments average around 9% whilst equity returns average 15% annually. I invest in real estate 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 videos 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 this past year.

Before you think you cant write a book, anyone can do this and it's so straightforward. In fact, self-publishing is a natural fit for bloggers because youre already writing this material. All you have 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 every publication and you can produce a new book every few months if youre really focused. The very best part about self-publishing is that once you get it printed on Amazon, theres almost nothing left to do. I spend about $20 per month on advertising for every book and thats it. .

If youre doing a book every 2 months, youll have your own $ 5,000 a month in only over two decades and now thats going to be consistent income each month even in the event that you stop 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 dual 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 via any pension plan or insurance. You see banks sell their loans to investors that 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 every $10,000 invested. Now thats a year so youll need a bit invested to create that $5,000 per 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 enjoy about p2p investing on Lending Club is your websites automated investing instrument. You pick the criteria for loans in which you want to invest and the application does the rest. It will look for loans every day that meet those factors and mechanically invest your money. Its important because youre collecting money on your loan investments daily so that you want to have that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club makes the investment entirely passive. I could only check in on my account once per month or even less often. I know that program 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 encouraged 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 dig this how the arts used to operate 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 site Patreon gives you the opportunity to acquire patrons for your own works. You build a community of individuals interested in your work, another usage of a blog that will double-duty with this passive income plan, and then request them to make contributions each time you produce something. .

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