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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 property types and in different areas for this diversification. You also get professional management of those projects. The project owners send all equity or debt payouts through the system and it gets passed on to investors. .

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

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I surveyed real estate crowdfunding websites on returns and found that debt investments average around 9 percent 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 possible. .

Clients to the channel have likely already seen the movies on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books that averaged $1,857 a month last 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 because youre already writing this content. All you need 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 per month on each publication and you can generate a new book every couple of months when youre really focused. The best part about self-publishing is that once you get it published on Amazon, theres almost nothing left to do. I spend roughly $20 a month on advertising for every publication and thats it. .

If youre doing a book every 2 months, youll have your own $ 5,000 a month in only over two years and thats going to become consistent income every month even if you stop writing.

Another investment I highlighted recently over at this website was p2p lending through Lending Club. Ive been investing in p2p for a few decades now why not try these out and have reserved returns only under 10%. Now that might 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 reality, 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 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 every $10,000 invested. Now thats a calendar year so youll need quite a bit invested to make that $5,000 a month but even a small portfolio will constantly be putting learn this here now money 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 the 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 which fulfill those factors and automatically 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 automated 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 app is going to keep investing my money for a secure and passive return.

Our next passive income idea 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 notion.

Patreon is really how the arts used to operate 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 site Patreon gives you the opportunity to get patrons to your own works. You construct a community of individuals interested in your job, another usage of a site that does double-duty with this passive income strategy, and then ask them to make contributions each time you produce something. .

Now patrons dont come away empty-handed, you provide benefits and copies of the job. So for 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.