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

Since these are longer-term jobs, short-term economy 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 supports prices.

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I researched real estate crowdfunding sites on returns and found that debt investments average around 9 percent 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 because it provides me access to as many deals as you can. .

Subscribers to the channel have probably already seen the movies on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 novels that averaged $1,857 per month this past year.

Before you think you cant write a book, anyone can do so and it's so straightforward. In reality, self-publishing is a natural fit for bloggers since 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 each book and you can generate a new book every couple of months when youre really focused. The best thing about self-publishing is that once you have it printed on Amazon, theres nothing left to perform. I spend roughly $20 per month on advertising for each publication and thats it. .

If youre doing a book every two months, youll have your own $ 5,000 per month in only over two years and now thats going to become consistent income every 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 directory a couple of decades now and have reserved returns just under 10%. Now that might not sound great against double-digit stock returns but its dual what 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 via any pension plan or insurance. You see banks sell their loans to investors that need reliable money flow so their most important 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 the original source make that $5,000 a month but even a small portfolio will constantly be putting cash in your account. You get 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 the 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 look for loans daily which meet those variables and automatically invest your money. Its important because youre collecting money on your loan investments daily so you want to have that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club gets 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 secure and passive return.

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

Patreon is actually how the arts used to work hundreds of years back. Back during the renaissance, artists used to ask the rich to be their patrons to support visite site their work through regular contributions.

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So now the website Patreon provides you the opportunity to get patrons for your own works. You build a community of people interested in your work, another use of a blog that does double-duty for this passive income plan, and then request them to make contributions every time you produce something. .

Now patrons dont come off empty-handed, you offer benefits and copies of the work. So for a writer, you might offer copies of your books. You can promise to thank patrons on your blog or to market something of theirs in the long run.