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

Since these are longer-term jobs, short-term economy hiccups shouldnt impact them. Real estate prices may follow the economy somewhat but there's still that natural demand from homeowners and business customers so that affirms prices.

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I researched real estate crowdfunding websites on returns and found that debt investments average around 9% whilst equity returns average 15% annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform since it gives 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 books that averaged $1,857 a month this past year.

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

So if youre doing a novel every 2 months, youll have your $5,000 a month in only over two decades and now thats going to be consistent income every month even in the event that you stop writing.

Another investment I emphasized recently was site link p2p lending through Lending Club. Ive been investing in p2p for a few years now and have reserved returns just under 10%. Now that might not sound great against double-digit stock returns but its double everything you get from other 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 that need reliable cash 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 each $10,000 invested. Now thats a calendar year so youll need a bit invested to create that $5,000 per month but even a small portfolio will constantly be putting cash in your account. You receive paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is the websites 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 every day that meet those factors and mechanically invest your money. Its important because 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 automatic investing instrument on Lending Club makes the investment completely passive. I might only check in on my account once per month or even more often. I know that app is going to keep investing my money for a secure and passive return.

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

Patreon is actually how the arts used to work hundreds of years ago. Back during the renaissance, artists used to ask the rich for 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 use 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 offer benefits and copies of this job. So to get a writer, you might offer copies of your own books. You could promise to thank patrons on your site or to promote linked here something of theirs in the future.