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You can invest as little as $1,000 in each property that means you can build up a portfolio of different property types and in different areas for this diversification. In addition, you get professional management of the jobs. The project owners send all debt or equity 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 affect them. Real estate prices may follow the economy a little but there is still that natural demand from homeowners and business customers so that supports costs.

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I surveyed real estate crowdfunding websites 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 like investing on more than one stage since it gives me access to as many deals as you can. .

Subscribers to the channel have probably already seen the videos 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 last year.

Before you think you cant write a novel, anyone can do so and it's really easy. In reality, self-publishing is a natural match for bloggers since youre already writing this material. All you have to do is reformat it and turn it into a book for another income source.

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Im making an average of $185 per month on each publication and you can produce a new book every couple of months when youre really focused. The best part about self-publishing is that once you have it printed on Amazon, theres almost nothing left to do. I spend roughly $20 per month on advertising for every publication and thats it. .

If youre doing a book every 2 months, youll have your $5,000 per month in only over two decades and now thats going to be consistent income every month even in the event that you stop writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a few decades now and have booked returns just under 10%. Now that might not sound great against double-digit stock returns but its double 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 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 a bit invested to create that $5,000 per month but even a small portfolio will constantly be putting money in your account. You receive paid principal and interest monthly on your loans so its a great cash flow investment. .

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What I enjoy about p2p investing on Lending Club is your websites automated investing tool. You decide on the standards for loans in which you want to invest and the program does the rest. It will look for loans every day that meet those factors and mechanically invest your money. Its important because youre collecting money on your loan investments every day so that you want that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club gets the investment entirely passive. I might only check in on my account once per month or even more often. go to these guys I know that program is going to keep investing my money for a secure and passive return.

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

Patreon is actually how the arts used to operate hundreds of years ago. Back during the renaissance, artists utilized to ask the wealthy to be 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 work, another usage of a blog that will double-duty for this passive income plan, and then request them to make contributions each time you produce something. .

Now patrons dont come away empty-handed, you offer benefits and copies of the work. So for a writer, you might offer copies of your books. You could promise to publicly thank patrons on your blog or to promote something of theirs in the future.

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