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

Since these are longer-term projects, short-term market hiccups shouldnt affect them. Real estate costs may follow the economy a little but there is still that natural demand from homeowners and business users so that affirms 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 real estate debt on PeerStreet and in debt. I like investing on more than one platform since it gives me access to as many deals as possible. .

Subscribers to the channel have likely already seen the movies on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books 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 easy. In fact, self-publishing is a natural fit for bloggers since 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 per month on every publication 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 printed on Amazon, theres almost nothing left to do. I spend roughly $20 a month on advertising for every publication and thats it. .

If youre doing a book every 2 months, youll have your own $ 5,000 per month in only 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 years now and have reserved returns only under 10%. Now that might not sound fantastic against double-digit stock returns but its double 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 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 so about $1,000 on every $10,000 invested. Now thats a year so youll need a bit invested to create that $5,000 a 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 your websites automated investing instrument. You decide on the criteria for loans in which you want to invest and the program does the rest. It will search for loans every day that fulfill those variables and automatically invest your money. Its important because 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 automatic investing instrument on Lending Club makes the investment completely passive. I might only check in on my account once a month or even less often. I know that app 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 promoted as a crowdfunding site for creative people like artists and writers but its for anyone with a side-hustle idea.

Patreon is actually how the arts used to operate hundreds of years back. Back during the renaissance, artists utilized 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 opportunity to acquire patrons to your own works. You build a community of individuals interested have a peek at these guys in your work, another usage of a blog that will double-duty for this passive income plan, and then ask them to make contributions each time you create 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 blog or to promote something of theirs in the long run.