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You can invest as little as $1,000 in each property which means that you can develop a portfolio of different land types and in different areas for that diversification. You also get professional management of the projects. The job owners send all debt or equity payouts throughout the system and it has passed on to investors. .

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

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I researched 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 provides me access to as many deals as you can. .

Subscribers 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 have 10 novels that averaged $1,857 per month last year.

Before you think you cant write a novel, anyone can do this and it's really 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 per month on each publication and you can produce a new book every couple of months when youre really focused. The very best thing about self-publishing is that once you have it printed on Amazon, theres almost nothing left to perform. I spend about $20 a month on advertising for every publication and thats it. .

So if youre doing a novel every two months, youll have your own $ 5,000 per month in only over two years and thats going to become consistent income each month even if you give up writing.

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of years now and have booked returns just under 10%. Now that may not sound fantastic 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 you can find out more thats a calendar year so youll need a bit invested to make that $5,000 a month but even a little portfolio will constantly be putting cash 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 your sites automated investing tool. You decide on the criteria for loans in which you want to invest and the application does the rest. It will look for loans every day which meet those factors and automatically 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 automated investing tool on Lending Club makes the investment completely 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 secure and passive return.

Our next passive income notion is another twist on crowdfunding known as Patreon. The site is encouraged 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 wealthy 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 construct a community of people interested in your job, another use of a site that does double-duty with this passive income strategy, and then ask them to make contributions every time you produce something. .

Now patrons dont come off empty-handed, you offer benefits and copies of this work. 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 something of theirs in the long run.