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

Since these are longer-term jobs, short-term economy hiccups shouldnt affect them. Real estate prices may follow the economy a little but there's still that natural demand from homeowners and business customers so that supports prices.

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I surveyed real estate 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 provides me access to as many deals as you can. .

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 have 10 books that averaged $1,857 a month this past year.

Before you think you cant write a book, anyone can do this and it's so easy. In fact, self-publishing is a natural match for bloggers because youre already writing the material. All you need 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 generate a new book every couple of months when youre really focused. The best part about self-publishing is that once you get it printed on Amazon, theres almost nothing left to perform. I spend about $20 per month on advertising for every book and thats it. .

If youre doing a novel every two months, youll have your $5,000 per month in just over two decades and thats going to become consistent income every 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 few decades now and have reserved returns just under 10%. Now that click here for info may not sound fantastic 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 have money in them via any pension plan or insurance. You see banks sell their loans to investors that need reliable money flow so their biggest 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 a bit invested to make that $5,000 a month but even a little portfolio will constantly be putting money 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 the websites automated investing tool. You check this decide on the criteria for loans in which you want to invest and the application does the rest. It will search for loans daily that meet those factors and automatically invest your money. Its important because youre collecting money on your loan investments every day so you want that money reinvested as soon as possible. .

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The automated investing tool on Lending Club makes 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 stable and passive return.

Our next passive income idea 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 for anyone with a side-hustle idea.

Patreon is actually how the arts used to work hundreds of years ago. 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 site Patreon gives you the opportunity to get patrons to your own works. You construct a community of individuals interested in your job, another usage of a site that will double-duty for this passive income strategy, and then ask them to make contributions each time you produce something. .

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