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You can invest as little as $1,000 in every property that means you can build up a portfolio of different land types and in different areas for that diversification. In addition, you get professional management of the projects. The job owners send all equity or debt payouts through the platform and it has passed on to investors. .

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

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

Subscribers to the channel have probably already seen the movies on our next passive income notion, 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 is so easy. In reality, self-publishing is a natural fit for bloggers since youre already writing the material. All you have to do is reformat it and turn it into a publication for another income source.

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Im making an average of $185 a month on each publication and you can produce a new book every few months when youre really concentrated. The very best part about self-publishing is that once you have it printed on Amazon, theres nothing left to do. I spend about $20 a month on advertising for each book and thats it. .

So if youre doing a book every 2 months, youll have your own $ 5,000 a month in just over two decades and now 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 few years now and have booked returns just under 10%. Now that might not sound great against double-digit stock returns but its double everything 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 through 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 every $10,000 invested. Now thats a year so youll need 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 fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is the sites automated investing tool. You pick the criteria for loans in which you want to invest and the program does the rest. It will look for loans daily redirected here which meet those variables and automatically invest your money. Its important because youre collecting money on your loan investments every day so you want that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club gets the investment entirely passive. I might find out here 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 notion is another twist on crowdfunding known as 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 notion.

Patreon is really how the arts used to work hundreds of years ago. Back during the renaissance, artists used 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 for your own works. You construct a community of people 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 job. So for a writer, you could offer browse around these guys copies of your books. You can promise to publicly thank patrons on your blog or to market something of theirs in the long run.