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

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

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

Subscribers to the channel have likely already seen the movies on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books that averaged $1,857 per month last year.

Before you think you cant write a book, anyone can do this and it's really easy. In fact, self-publishing is a natural fit for bloggers since youre already writing the content. 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 every publication and you can produce a new book every couple of months when youre really focused. The best thing about self-publishing is that once you get it published on Amazon, theres almost nothing left to perform. I spend roughly $20 a month on advertising for each publication and thats it. .

If youre doing a book every two months, youll have your $5,000 per month in just over two years and now thats going to become 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 decades now and have reserved returns just under 10%. Now that might not sound fantastic against double-digit stock returns but its double what 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 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 and insurance companies.

I average just under 10% annually on the loans so about $1,000 on each $10,000 invested. Now thats a calendar year so youll need a bit invested to make 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 your websites automated investing tool. You pick the standards for loans in which you want to invest and the application does the rest. It will search for loans every day which meet those variables and automatically invest your money. Its important as youre collecting money on your loan investments daily so that you want 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 more often. I know that app see this website is going to keep investing my money for a secure and passive return.

Our next passive income notion is another twist on crowdfunding called Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but really its own for anyone with a side-hustle idea.

Patreon is really how the arts used to work hundreds of years back. Back during the renaissance, artists used to ask the wealthy to be their patrons to support their work through regular contributions.

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So now the website Patreon gives you the opportunity to get patrons to your own works. You build a community of people interested in your work, another use of a blog that will double-duty for this passive income plan, and then request them to make contributions each time you create something. .

Now patrons dont come off empty-handed, you provide rewards and copies of the work. 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 future.