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

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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 users so that supports costs.

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I researched real estate crowdfunding sites on returns and found that debt investments average around 9% while equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one platform because it gives me access to as many deals as you can. .

Clients 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 also have 10 novels that averaged $1,857 a month this past year.

Before you think you cant write a book, anyone can do so and it is so straightforward. In reality, self-publishing is a natural fit for bloggers since youre already writing this material. All you have 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 a month on every book and you can produce a new book every few months if youre really concentrated. The best part about self-publishing is that once you get it published on Amazon, theres nothing left to do. I spend roughly $20 a month on advertising for every book and thats it. .

So if youre doing a novel every 2 months, youll have your $5,000 per month in only over two decades and thats site link going to become consistent income each 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 decades now and have reserved returns just under 10%. Now that might 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 have money in them via any pension plan or insurance. You see banks sell their loans to investors who need reliable cash flow so their most important 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 year so youll need a bit invested to create that $5,000 per month but even a little portfolio will constantly be putting money in your account. You receive paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

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What I enjoy about p2p investing on Lending Club is the sites automated investing instrument. You pick the criteria for loans in look at more info which you want to invest and the application does the rest. It will look for loans every day which meet those variables 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 automatic investing instrument on Lending Club gets the investment entirely passive. I might only check in on my account once a month or even less often. I know that app 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 website for creative people like artists and writers but really 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 utilized to ask the wealthy to be their patrons to support their work through regular contributions.

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

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

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