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

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

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I surveyed property crowdfunding websites on returns and found that debt investments average around 9 percent whilst equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one stage since 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 have 10 novels that averaged $1,857 a month this past year.

Before you think you cant write a novel, anyone can do this and it is so straightforward. In fact, self-publishing is a natural fit for bloggers since youre already writing this 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 per month on every book and you can generate a new book every couple of months when youre really concentrated. The best thing 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 each publication and thats it. .

So if youre doing a novel every 2 months, youll have your $5,000 per month in just over two decades and now thats going to be consistent income each month even if you stop writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a few years now and have reserved returns only under 10%. Now that might not sound great against double-digit stock returns but its double everything you get from additional fixed-income investments.

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Investing in loans is nothing new. In fact, 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 cash 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 year so youll need quite a bit invested to create that $5,000 per month but even a little 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 enjoy about p2p investing on Lending Club is the sites automated investing tool. You pick the criteria for loans in which you want to invest and the application does the rest. It will look for loans daily which meet those factors and automatically invest your money. Its important because youre collecting money on your loan investments every day so you want to have that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club gets the investment entirely passive. I could 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 notion is another twist on crowdfunding known as Patreon. The site is encouraged as a crowdfunding website for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is really how the arts used to operate hundreds of years ago. 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 to your own works. You construct a community of individuals interested in your job, another use of a blog that does double-duty for this passive income plan, and then request them to make contributions every time you 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 can promise to publicly thank patrons on your blog or to Continue market something of theirs in the long run.