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You can invest as little as $1,000 in each property which means that you can build up a portfolio of different land types and in different regions for this diversification. You also get professional management of those jobs. 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 prices may follow the economy a little but there is still that natural demand from homeowners and business users so that supports costs.

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I researched real estate crowdfunding websites on returns and found that debt investments average around 9 percent whilst 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 possible. .

Subscribers to the channel have probably already seen the videos 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 this past year.

Before you think you cant write a novel, anyone can do this and it is really straightforward. In reality, self-publishing is a natural match for bloggers because youre already writing the content. All you need 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 each book and you can generate a new book every couple of months when youre really focused. The best thing about self-publishing is that once you have it printed on Amazon, theres nothing left to perform. I spend about $20 per month on advertising for every book and thats it. .

So if youre doing a novel every 2 months, youll have your $5,000 a month in just over two years and now thats going to be 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 few years now and have reserved returns only under 10%. Now that 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 reality, 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 every $10,000 invested. Now thats a calendar year so youll need a bit invested to create that $5,000 per month but even a small 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 Club is your websites automated investing instrument. You pick the criteria for loans in which you want to invest and the application does the rest. It will search for loans every day which fulfill those factors and mechanically invest your money. Its important because youre collecting money on your loan browse around this site investments daily so you want that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club gets the investment completely passive. I might only check in on my account once per 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 idea is another twist on crowdfunding called Patreon. The site is encouraged as a crowdfunding site for creative people like artists and writers but its for anyone with a side-hustle notion.

Patreon is really how the arts used to work hundreds of years ago. Back during the renaissance, artists utilized to ask the rich to be 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 for your own works. You build a community of people interested in your job, another use of a blog that does double-duty for this passive income strategy, and then ask them to make contributions each time you produce something. .

Now patrons dont come away empty-handed, you offer rewards and copies of the work. So to get a writer, you could offer copies of your own books. You can promise to publicly thank patrons on your blog click here to read or to promote something of theirs in the long run.