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You can invest as little as $1,000 in every property which means that you can develop a portfolio of different land types and in different areas for this diversification. In addition, you get professional management of those projects. The job owners send all equity or debt payouts throughout the platform and it has passed on to investors. .

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

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I researched real estate crowdfunding sites 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 enjoy investing on more than one platform 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 idea, self-publishing. Ive been self-publishing on Amazon since 2015 and also 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 book for another income source.

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

If youre doing a book every two months, youll have your own $ 5,000 a month in only over two years and thats going to be consistent income every month even if you stop writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of years now and have booked returns just under 10%. Now that may 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 already have money in them via any pension plan or insurance. You see banks sell their loans to investors who 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 quite a bit invested to 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 fantastic cash flow investment. .

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

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The click here to read automated investing instrument on Lending Club gets the investment completely passive. I might 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 secure and passive return.

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

Patreon is really how the arts used to work hundreds of years back. Back during the renaissance, artists utilized to ask the rich to useful content be their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to acquire patrons for your own works. You build a community of people interested in your work, another use of a site that will double-duty with this passive income plan, and then request them to make contributions each time you create something. .

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