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

Since these are longer-term jobs, short-term market hiccups shouldnt impact them. Real estate costs may follow the economy somewhat but there's still that natural demand from homeowners and business users so that affirms costs.

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I researched property crowdfunding websites on returns and found that debt investments average around 9 percent while equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one platform since it provides me access to as many deals as possible. .

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 novels that averaged $1,857 per month this past year.

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

If youre doing a book every 2 months, youll have your $5,000 a month in only over two decades and now thats going to become consistent income every 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 only under 10%. Now that may not sound great against double-digit stock returns but its dual 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 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 about $1,000 on each $10,000 invested. Now thats a year so youll need a bit invested to make that $5,000 per 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 great cash flow investment. .

What I like about p2p investing on Lending internet Club is the websites automated investing instrument. You pick the criteria for loans in which you want to invest and the program does the rest. It will search for loans daily which meet those factors and mechanically invest your money. Its important as youre collecting money on your loan investments daily so that this contact form 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 completely passive. I could only check in on my account once a 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 known as Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but its for anyone with a side-hustle notion.

Patreon is actually how the arts used to operate hundreds of years back. 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 provides you the opportunity to get patrons to your own works. You build a community of individuals interested in your work, another usage of a blog that will double-duty for this passive income plan, 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 the work. So to get a writer, you could offer copies of your books. You can promise to publicly thank patrons on your site or to promote something of theirs in the long run.