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You can invest as little as $1,000 in each property which means that you can develop a portfolio of different land types and in different areas for this diversification. In addition, you get professional management of those jobs. The job owners send all debt or equity payouts through the system and it gets passed on to investors. .

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

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I researched property crowdfunding websites on returns and found that debt investments average around 9% whilst 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 provides me access to as many deals as you can. .

Subscribers to the channel have probably 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 this past year.

Before you think you cant write a book, anyone can do this and it's really easy. In reality, self-publishing is a natural match for bloggers since youre already writing this 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 part about self-publishing is that once you have it published on Amazon, theres nothing left to do. I spend roughly $20 a month on advertising for every book and thats it. .

If youre doing a book every two months, youll have your $5,000 per month in just over two decades and now thats going to be consistent income every month even if you stop 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 reserved returns just under 10%. Now that may 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 helpful hints banks sell their loans to investors that need reliable cash flow so their most important buyers of loans are official site 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 a bit invested to make that $5,000 per month but even a small portfolio will constantly be putting money in your account. You get paid principal and interest monthly on your loans so its a great cash flow investment. .

What I like about p2p investing on Lending Club is the sites automated investing tool. 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 variables and automatically invest your money. Its important because youre collecting money on your loan investments daily so you want to have that money reinvested as soon as possible. .

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The automated investing tool on Lending Club makes the investment completely passive. I might only check in on my account once per month or even less 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 called Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but its own for anyone with a side-hustle idea.

Patreon is actually how the arts used to work hundreds of years helpful site back. 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 provides you the opportunity to acquire patrons for your own works. You build a community of people interested in your job, another usage of a site that will double-duty with this passive income strategy, and then request them to make contributions each time you produce something. .

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