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You can invest as little as $1,000 in each property that means that you can build up a portfolio of different property types and in different areas for this diversification. You also get professional management of the jobs. The project owners send all equity or debt payouts through the system and it has passed on to investors. .

Since these are longer-term jobs, short-term economy hiccups shouldnt affect them. Real estate costs may follow the economy somewhat but there is still that natural demand from homeowners and commercial customers 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% annually. I invest in property debt on PeerStreet and in debt. I like 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 videos 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 last year.

Before you think you cant write a novel, anyone can do so and it is really straightforward. In fact, self-publishing is a natural match for bloggers because youre already writing the 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 publication and you can produce a new book every couple of months if youre really focused. The very best part about self-publishing is that once you get it printed on Amazon, theres almost nothing left to perform. I spend about $20 a month on advertising for each book and thats it. .

If youre doing a novel every 2 months, youll have your own $ 5,000 per month in only over two years and thats going to be consistent income each month even in the event that you stop 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 may not sound great against double-digit stock returns but its dual 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 via any pension plan or insurance. You see banks sell their loans to investors who need reliable money flow so their biggest buyers of loans are pensions description and insurance companies.

I average just under 10% annually on the loans about $1,000 on every $10,000 invested. Now webpage thats a year so youll need quite a bit invested to create that $5,000 per month but even a little 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 like about p2p investing on Lending Club is the websites automated investing tool. You pick the criteria for loans in which you want to invest and the application does the rest. It will search for loans daily which meet those factors and mechanically invest your money. Its important because youre collecting money on your loan investments every day so that 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 per month or even more often. I know that program is going to keep investing my money for a secure and passive return.

Our next passive income idea is another twist on crowdfunding known as Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but 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 used to ask the rich to be their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to get patrons to your own works. You construct a community of people interested in your work, another usage of a site that does double-duty for this passive income strategy, and then request them to make contributions each time you produce something. .

Now patrons dont come you can find out more away empty-handed, you provide benefits and copies of the job. So to get a writer, you might offer copies of your own books. You could promise to thank patrons on your site or to promote something of theirs in the future.