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You can invest as little as $1,000 in each property which means you can build up a portfolio of different property types and in different areas for this diversification. In addition, you get professional management of the jobs. The project 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 impact them. Real estate costs may follow the economy a little but there's still that natural demand from homeowners and commercial 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 property 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 likely already seen the movies on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 books that averaged $1,857 per month this past year.

Before you think you cant write a book, anyone can do so and it is so straightforward. In fact, 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 per 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 nothing left to perform. I spend roughly $20 per month on advertising for every publication and thats it. .

If youre doing a novel every 2 months, youll have your $5,000 a month in just over two decades and 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 might 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 via any pension plan or insurance. You see banks sell their loans to investors who need reliable money flow so their most important 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 see this website 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 fantastic cash flow investment. .

What I like about p2p investing on Lending Club is your websites automated investing instrument. 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 meet those variables and mechanically invest your money. Its important because youre collecting money on your loan investments every day so you want to have that money reinvested as soon as possible. .

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The automatic investing instrument 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 known as Patreon. The website is encouraged as a crowdfunding website 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 operate hundreds of years ago. Back during the renaissance, artists utilized to ask the rich for their patrons to support their work through regular contributions.

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So now the website Patreon provides you the opportunity to acquire patrons to your own works. You construct a community of individuals interested in your work, another use of a blog that will double-duty for this passive income strategy, and then request them to make contributions every time you produce something. .

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