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

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Since these are longer-term jobs, short-term economy hiccups shouldnt impact them. Real estate costs may occur after the economy somewhat but there's still that natural demand from homeowners and business customers so that supports prices.

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

Clients 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 books that averaged $1,857 per month this past year.

Before you think you cant write a book, anyone can do so and it is so straightforward. In reality, self-publishing is a natural fit for bloggers because youre already writing this 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 every book and you can generate a new book every couple of months if youre really focused. The very best thing about self-publishing is that once you have it published on Amazon, theres almost nothing left to perform. I spend roughly $20 per month on advertising for every book and thats it. .

If youre doing a novel every 2 months, youll have your $5,000 a month in only over two years and thats going to be consistent income every month even in the event that you give up 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 reserved returns just under 10%. Now that may not sound fantastic against double-digit stock returns but its dual what you get from additional 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 who need reliable cash flow so their most important buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans about $1,000 on each $10,000 invested. Now thats a year so youll need quite 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 go cash flow investment. .

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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 search for loans daily which fulfill those factors and mechanically invest your money. Its important as 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 instrument on Lending Club gets the investment completely passive. I could only check in on my account once a month or even more often. I know that program is going to keep investing my money for a stable and passive return.

Our next passive income notion is another twist on crowdfunding known as Patreon. The site is promoted as a crowdfunding site for creative people like artists and writers but really its own 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 gives you the our website opportunity to get patrons to your own works. You construct a community of individuals interested in your job, another usage of a blog that does double-duty for this passive income strategy, and then request them to make contributions every time you produce something. .

Now patrons dont come off empty-handed, you provide benefits and copies of this work. So to get a writer, you might offer copies of your books. You can promise to thank patrons Home Page on your blog or to market something of theirs in the future.

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