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You can invest as little as $1,000 in every property that means you can build up a portfolio of different property types and in different regions for that diversification. You also get professional management of the projects. The project owners send all equity or debt 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 occur after the economy a little but there is still that natural demand from homeowners and commercial users so that supports costs.

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I surveyed real estate crowdfunding sites on returns and found that debt investments average around 9 percent while equity returns average 15% 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 possible. .

Subscribers to the channel have probably 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 a month last year.

Before you think you cant write a book, anyone can do this and it's really straightforward. In reality, self-publishing is a natural match 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 a month on every 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 have it published on Amazon, theres nothing left to do. I spend about $20 per month on advertising for each 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 years and now thats going to be consistent income each month even if you give up writing.

Another investment I emphasized recently was p2p lending through Lending Club. image source Ive been investing in p2p for a few decades now and have reserved 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 already have money in them via any pension plan or insurance. You see banks sell their loans to investors that need reliable money flow so their biggest 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 year so youll need a bit invested to make that $5,000 per month but even a little portfolio will constantly be putting cash in your account. You receive paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is the 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 look for loans daily that fulfill those variables and mechanically invest your money. Its important because 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 might only check in on my account once a month or even less often. I know that program 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 pop over to this site 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 website Patreon provides you the opportunity to acquire patrons for your own works. You construct a community of individuals interested in your job, another usage of a blog that does double-duty with this passive income strategy, and then ask them to make contributions each time you create something. .

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