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

Since these are longer-term projects, short-term market hiccups shouldnt impact them. Real estate prices may occur after the economy a little but there is still that natural demand from homeowners and business customers so that supports prices.

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I researched real estate 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 enjoy investing on more than one platform because it gives me access to as many deals as you can. .

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 also have 10 books that averaged $1,857 a month last year.

Before you think you cant write a book, anyone can do this and it's really easy. In reality, self-publishing is a natural fit for bloggers because 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 publication and you can produce a new book every few months when youre really concentrated. The best part about self-publishing is that once you have it published on Amazon, theres almost nothing left to perform. I spend about $20 a month on advertising for every publication and thats it. .

If youre doing a novel every two months, youll have your $5,000 a month in just over two years and thats going to be consistent income each month even in the event that you stop writing.

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a few see this here years now and have booked returns just under 10%. Now that 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 through 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 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 small portfolio will constantly be putting money in your account. You get paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I like about p2p investing on Lending Club is the websites 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 every day that meet those factors and automatically invest your money. Its important because youre collecting money on your loan investments every day so that you want to have that money reinvested as soon as possible. .

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The automated investing tool on Lending Club gets the investment entirely passive. I could only check in on my account once per month or even more often. 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 site is encouraged as a crowdfunding website for creative people like artists and writers but its own for anyone with a side-hustle idea.

Patreon is really how the arts used to operate hundreds of years back. 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 website Patreon provides you the opportunity to get patrons to your own works. You construct a community of individuals interested in your job, another use of a blog that will double-duty with 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 rewards and copies of this work. So to get 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 long run.