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

Since these are longer-term projects, short-term market hiccups shouldnt affect them. Real estate prices may occur after the economy somewhat but there is still that natural demand from homeowners and commercial users so that supports prices.

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I surveyed property crowdfunding websites on returns and found that debt investments average around 9 percent 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 platform since it provides me access to as many deals as you can. .

Clients to the channel have likely already seen the videos on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books that averaged $1,857 a month last year.

Before you think you cant write a novel, anyone can do this and it is really easy. In reality, self-publishing is a natural match for bloggers since youre already writing the material. All you need 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 book and you can produce 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 roughly $20 a month on advertising for every book and thats it. .

So if youre doing a novel every two months, youll have your own $ 5,000 per month in just over two decades and thats going to become consistent income each 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 couple of decades now and have booked returns only under 10%. Now that might 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 already have money in them via any pension plan or insurance. You see banks sell their loans to investors who need reliable money 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 per month but even a small blog here portfolio will constantly be putting cash in your account. You receive 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 sites automated investing tool. You decide on the criteria for loans in which you want to invest and the application does the rest. It will search for loans daily which fulfill those variables and automatically invest your money. Its important as 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 automated investing instrument on Lending Club makes the investment completely passive. I could only check in on my account once per 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 notion is another twist on crowdfunding called Patreon. The site is encouraged as a crowdfunding website for creative people like artists and writers but really its for anyone with a side-hustle idea.

Patreon is actually how the arts used to work hundreds of years find more back. Back during the renaissance, artists used to ask the wealthy for 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 for your own works. You construct a community of individuals interested in your job, another usage of a blog that will double-duty for this passive income plan, and then request them to make contributions every time you create something. .

Now patrons dont come away empty-handed, you offer rewards and copies of this job. So for a writer, you could offer copies of your own books. You can promise to thank patrons on your site or to market something of theirs in the long run.