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

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

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I surveyed real estate crowdfunding websites on returns and found that debt investments average around 9 percent whilst equity returns average 15 percent annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one stage because it provides me access to as many deals as you can. .

Subscribers 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 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 so easy. 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 few months if youre really concentrated. The best thing about self-publishing is that once you get it published on Amazon, theres nothing left to do. I spend about $20 a month on advertising for every book and thats it. .

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

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a few decades now and have reserved returns just under 10%. Now that click this may not sound fantastic against double-digit stock returns but its double everything you get from additional 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 who 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 year so youll need a bit invested to make that $5,000 a 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 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 program does the rest. It will search for loans every day that fulfill those factors and mechanically 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 instrument on Lending Club makes the investment completely passive. I could only check in on my account once per month or even less 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 promoted as a crowdfunding website for creative people like artists and writers but its own 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 get patrons to your own works. You construct a community of individuals interested in your job, another usage of a blog that will double-duty for this passive income plan, and then ask them to make contributions each time you create something. .

Now patrons dont come away empty-handed, you provide rewards and copies of this work. So for a writer, you could offer copies of your own books. You can promise to thank patrons on your site or to market something of theirs in the future.