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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 regions for that diversification. In addition, you get professional management of those projects. The job owners send all debt or equity payouts through the platform and it gets passed on to investors. .

Since these are longer-term projects, short-term economy hiccups shouldnt affect them. Real estate prices may occur after the economy somewhat but there is 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 percent annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one stage because 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 idea, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books that averaged $1,857 per month last year.

Before you think you cant write a novel, anyone can do this and it's so easy. In fact, self-publishing is a natural match 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 per month on every publication and you can produce a new book every couple of months if youre really concentrated. The very best part about self-publishing is that once you get it published on Amazon, theres nothing left to perform. I spend about $20 a month on advertising for every book and thats it. .

So if youre doing a novel every 2 months, youll have your own $ 5,000 a month in just over two years and thats going to become consistent income each month even in the event that 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 only under 10%. Now that might not sound fantastic against double-digit stock returns but its double what you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you have money in them through any pension plan or insurance. You see banks sell their loans to investors who need reliable money 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 a month but even a little portfolio will constantly be putting cash in your account. You receive paid basics 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 websites automated investing instrument. You pick the standards for loans in which you want to invest and the program does the rest. It will search for loans every day that fulfill those factors and mechanically invest your money. Its important because youre collecting money on your loan investments daily so you want to have that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club makes the investment entirely passive. I might only check in on my account once a month or even more often. I know that app is going to keep investing my money for a original site stable and passive return.

Our next passive income notion 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 really how the arts used to operate hundreds of years ago. Back during the renaissance, artists used to ask the wealthy for their patrons to support their work through regular contributions.

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

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