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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 property types and in different areas for this diversification. You also get professional management of those jobs. The project owners send all equity or debt payouts throughout the platform and it gets passed on to investors. .

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

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

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 a month this past year.

Before you think you cant write a book, anyone can do this and it is so easy. In reality, self-publishing is a natural fit 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 every book and you can produce a new book every few months if youre really focused. The best part about self-publishing is that once you get it printed 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 novel every two months, youll have your own $ 5,000 a month in just over two years and thats going to become consistent income every month even if you stop 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 only under 10%. Now that may not sound fantastic against double-digit stock returns but its dual 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 via 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 every $10,000 invested. Now thats a year so youll need quite a bit invested to create that $5,000 a month but even a small portfolio will constantly be putting cash in your account. You receive paid principal and interest monthly on your loans so its a have a peek here fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is your sites 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 variables and mechanically invest your money. Its important because 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 entirely 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 stable and passive return.

Our next passive income notion is another twist on crowdfunding called Patreon. The site is promoted as a crowdfunding website for creative people like artists and writers but really its own for anyone with a side-hustle idea.

Patreon is actually 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 website Patreon gives you the opportunity to acquire patrons to your own works. You construct a community of people 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 every time you produce something. .

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