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

Since these are longer-term jobs, short-term economy hiccups shouldnt affect them. Real estate prices may follow the economy a little but there is still that natural demand from homeowners and business customers so that affirms costs.

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I researched 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 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 you can. .

Clients to the channel have probably already seen the videos 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 novel, anyone can do so and it is really straightforward. 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 every book and you can produce a new book every few 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 perform. I spend roughly $20 a month on advertising for each publication and thats it. .

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

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a few years now and have reserved returns just under 10%. Now that may 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 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 a month but even a small more info here portfolio will constantly be putting money in your account. You receive 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 websites automated investing tool. You decide on the standards for loans in which you want to invest and the program does the rest. It will search for loans daily that fulfill those variables 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 automated investing tool on Lending Club gets the investment entirely passive. I could only check in on my account once a month or even less often. I know that program is going to keep investing my money for a stable and passive return.

Our next passive income idea is another twist on crowdfunding known as 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 really 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 acquire patrons to your own works. You construct a community of individuals interested in your job, another use of a blog that will double-duty for this passive income plan, and then ask them to make contributions every time you create something. .

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