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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 that diversification. In addition, you get professional management of those jobs. The job owners send all debt or equity payouts throughout the system and it gets passed on to investors. .

Since these are longer-term jobs, short-term economy hiccups shouldnt affect them. Real estate prices may occur after the economy somewhat but there's still that natural demand from homeowners and business customers 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 platform because it provides me access to as many deals as you can. .

Subscribers to the channel have likely already seen the videos on our next passive income notion, 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 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 each book 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 have it printed on Amazon, theres nothing left to perform. I spend roughly $20 a month on advertising for every book and thats it. .

So if youre doing a book 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 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 only under 10%. Now that might not sound fantastic against double-digit stock returns but its double you could try these out everything you get from other fixed-income investments.

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Investing in loans is nothing new. In reality, I guarantee you have money in them via 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 wikipedia reference 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 small portfolio will constantly be putting cash in your account. You receive paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is your sites automated investing tool. You pick the criteria for loans in which you want to invest and the program does the rest. It will look for loans daily that meet those factors and automatically invest your money. Its important as youre collecting money on your loan investments daily so that 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 completely passive. I might only check in on my account once a month or even less often. I know that program website link is going to keep investing my money for a stable and passive return.

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

Patreon is really how the arts used to operate hundreds of years 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 construct a community of individuals interested in your job, another use of a site that will double-duty for this passive income strategy, and then ask them to make contributions every time you create something. .

Now patrons dont come away 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 site or to promote something of theirs in the future.