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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 the jobs. The project owners send all equity or debt payouts through the platform and it has passed on to investors. .

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

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I researched property crowdfunding websites on returns and found that debt investments average around 9% while equity returns average 15 percent annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one stage because it provides me access to as many deals as possible. .

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 novels that averaged $1,857 per month this past 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 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 every publication and you can generate a new book every few months if youre really focused. The best thing 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 each publication and thats it. .

So if youre doing a book every 2 months, youll have your $5,000 per month in only over two years and now thats going to be consistent income every month even if you give up writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of years now and have reserved 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 already have money in them through any pension plan or insurance. You see banks sell their loans to investors who need reliable cash flow so their most important pop over to this site buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans about $1,000 on every $10,000 invested. Now thats a calendar 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 get paid principal and interest monthly on your loans so its a great cash flow investment. .

What I like about p2p investing on Lending Club is your websites automated investing instrument. You pick the criteria for loans in which you want to invest and the application does the rest. It will look for loans daily which meet those variables and mechanically invest your money. Its important because youre collecting money on websites your loan investments daily so that you want that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club makes the investment entirely passive. I could 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 secure 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 notion.

Patreon is really how the arts used to work hundreds of years ago. Back during the renaissance, artists used to ask the rich to be their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to acquire patrons to your own works. You construct a community of individuals interested in your job, another usage of a site that will double-duty with this passive income plan, and then request them to make contributions every time you create something. .

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