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You can invest as little as $1,000 in each property which means that you can build up a portfolio of different property types and in different regions for this diversification. You also get professional management of those jobs. The project owners send all debt or equity payouts throughout the system and it has passed on to investors. .

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

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I surveyed property crowdfunding websites on returns and found that debt investments average around 9% while 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 gives me access to as many deals as possible. .

Subscribers to the channel have probably already seen the movies 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 a month last year.

Before you think you cant write a book, anyone can do this and it is so easy. In fact, self-publishing is a natural fit for bloggers because youre already writing this material. All you have 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 publication and you can generate a new book every couple of months if youre really focused. The very best thing about self-publishing is that once you have it published on Amazon, theres nothing left to do. I spend about $20 per month on advertising for each publication and thats it. .

If youre doing a novel every two months, youll have your own $ 5,000 a month in only over two years and thats going to become consistent income each 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 a couple of decades now and have reserved returns only under 10%. Now that may not sound fantastic against double-digit stock returns but its double check my source what you get from other fixed-income investments.

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Investing in loans is nothing new. In reality, 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 about $1,000 on every $10,000 invested. Now thats a calendar year so youll need quite a bit invested to create that $5,000 per month but even a small portfolio will constantly be putting money in your account. You get 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 standards for loans in which you want to invest and the program does the rest. It will look for loans daily that meet those variables and mechanically like it invest your money. Its important as youre collecting money on your loan investments every day so you want to have 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 program 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 site is encouraged as a crowdfunding website for creative people like artists and writers but its for anyone with a side-hustle idea.

Patreon is actually how the arts used to operate hundreds of years back. 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 build a community of individuals interested in your work, another use of a blog that does double-duty for this passive income strategy, and then ask them to make contributions every time you create something. .

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