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You can invest as little as $1,000 in each property which means you can build up a portfolio of different property types and in different regions for that diversification. In addition, you get professional management of the jobs. The job owners send all equity or debt payouts through the system and it has passed on to investors. .

Since these are longer-term projects, short-term economy hiccups shouldnt impact them. Real estate costs may follow the economy a little but there's still that natural demand from homeowners and commercial users 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 property debt on PeerStreet and in debt. I like investing on more than one platform because it gives me access to as many deals as possible. .

Clients to the channel have likely 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 a month this past year.

Before you think you cant write a novel, anyone can do so and it's so easy. In fact, self-publishing is a natural match for bloggers since youre already writing this content. 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 a month on every publication and you can produce a new book every few months if youre really focused. The best thing about self-publishing is that once you have it published on Amazon, theres nothing left to perform. I spend about $20 a month on advertising for each publication and thats it. .

So if youre doing a book every 2 months, youll have your own $ 5,000 a month in just over two decades 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 couple of decades now and have reserved returns only under 10%. Now that may not sound great against double-digit stock returns but its double everything you get from additional go to my blog fixed-income investments.

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Investing in loans is nothing new. In reality, 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 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 calendar year so youll need a bit invested to make that $5,000 a month but even a little portfolio will constantly be putting cash 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 application does the rest. It will look for loans daily that fulfill those variables and automatically invest your money. Its important as youre collecting money on your loan investments daily so that you want 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 a 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 website is encouraged as a crowdfunding site for creative people like artists and writers but its 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 site Patreon provides you the opportunity to get patrons to your own works. You construct a community of people interested in your job, another usage of a blog that will double-duty for this passive income plan, and then ask them to make contributions each time you produce something. .

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