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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 regions for that diversification. You also get professional management of those projects. The job owners send all equity or debt payouts through the platform and it gets passed on to investors. .

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

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I surveyed real estate crowdfunding websites on returns and found that debt investments average around 9% whilst equity returns average 15% annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform 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 notion, 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 this and it is so easy. In fact, self-publishing is a natural fit for bloggers because 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 a month on each publication and you can produce a new book every couple of months when youre really focused. The best thing about self-publishing is that once you have it printed on Amazon, theres nothing left to do. I spend roughly $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 navigate here 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 few decades now and have reserved returns just under 10%. Now that might not sound fantastic against double-digit stock returns but its double what 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 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 each $10,000 invested. Now thats a year so youll need quite a bit invested to create 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 your websites automated investing instrument. You pick the criteria for loans in which you want to invest and the program does the rest. It will search for loans every day that fulfill those factors and mechanically invest your money. Its important because youre collecting money on your loan investments every day so you want to have that money reinvested as soon as possible. .

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The automated investing tool 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 app is going to keep investing my money for a my blog secure and passive return.

Our next passive income notion is another twist on crowdfunding known as Patreon. The site is encouraged as a crowdfunding site for creative people like artists and writers but really its own for anyone with a side-hustle notion.

Patreon is actually how the arts used to work hundreds of years ago. 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 acquire patrons to your own works. You build a community of individuals interested in your work, another usage of a site that does double-duty for this passive income plan, and then ask them to make contributions each time you create something. .

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