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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 this diversification. In addition, you get professional management of those jobs. The job owners send all equity or debt payouts through the platform and it gets passed on to investors. .

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

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I researched real estate crowdfunding sites on returns and found that debt investments average around 9 percent while equity returns average 15 percent annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one stage because it gives me access to as many deals as possible. .

Clients to the channel have likely already seen the movies 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 last year.

Before you think you cant write a novel, anyone can do so and it is so 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 each book and you can produce a new book every couple of months if youre really focused. The best part about self-publishing is that once you get it published on Amazon, theres almost nothing left to do. I spend roughly $20 per month on advertising for every publication and thats it. .

So if youre doing a book every 2 months, youll have your own $ 5,000 a month in only over two decades and thats going to become consistent income each 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 couple of decades now and have booked returns Find Out More just under 10%. Now that might not sound fantastic 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 have money in them via 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 year so youll need quite a bit invested to create that $5,000 a month but even a little 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. .

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What I like about p2p investing on Lending Club is the sites automated investing tool. Visit Your URL You decide on the standards for loans in which you want to invest and the program does the rest. It will look for loans daily which fulfill those factors and automatically invest your money. Its important as youre collecting money on your loan investments daily so you want that money reinvested as soon as possible. .

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The automated investing tool on Lending Club makes the investment entirely passive. I might 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 called Patreon. The website is promoted as a crowdfunding site for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is actually how the arts used to work hundreds of years back. Back during the renaissance, artists utilized to ask the wealthy for their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to acquire patrons to your own works. You build a community of individuals interested in your job, another usage of a blog that does double-duty for Recommended Reading this passive income strategy, and then ask them to make contributions each time you produce something. .

Now patrons dont come off 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 thank patrons on your blog or to market something of theirs in the long run.

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