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You can invest as little as $1,000 in every property which means you can develop a portfolio of different property types and in different regions for this diversification. In addition, you get professional management of the projects. The project owners send all debt or equity payouts through the platform and it gets passed on to investors. .

Since these are longer-term projects, short-term market hiccups shouldnt impact them. Real estate costs may occur after the economy a little but there is still that natural demand from homeowners and commercial customers so that affirms costs.

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I surveyed property crowdfunding sites on returns and found that debt investments average around 9 percent whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I enjoy investing on more than one platform since 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 idea, 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 book, anyone can do this and it is so 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 few months if youre really focused. The very best thing about self-publishing is that once you have it printed on Amazon, theres almost nothing left to perform. I spend roughly $20 per month on advertising for each publication and thats it. .

So if youre doing a novel every two months, youll have your $5,000 per month in just over two years and now thats going to become consistent income every month even in the event that you give up writing.

Another investment I emphasized 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 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 reality, I guarantee you already 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 Get the facts so about $1,000 on each $10,000 invested. Now thats a calendar year so youll need quite a bit invested to create that $5,000 a 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 fantastic cash flow investment. .

What I like about p2p investing on Lending Club is the sites automated investing tool. You pick the standards for loans in which you want to invest and the program does the rest. It will look for loans daily which meet those variables and automatically invest your money. Its important as youre collecting money on your loan investments daily so you want that money reinvested as soon as possible. . you can try this out

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The automated investing instrument on Lending Club makes the investment completely passive. I could only check in on my account once a 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 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 idea.

Patreon is actually how the arts used to operate hundreds of years ago. Back during the renaissance, artists utilized to ask the rich to be 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 build a community of individuals interested in your work, another use of a blog that will double-duty with this passive income plan, and then ask them to make contributions every time you hop over to here produce something. .

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