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

Since these are longer-term projects, short-term market hiccups shouldnt affect them. Real estate prices may follow the economy a little but there's still that natural demand from homeowners and business customers so that supports costs.

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I researched real estate crowdfunding sites on returns and found that debt investments average around 9% whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform since it gives me access to as many deals as you can. .

Subscribers to the channel have likely 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 per month last year.

Before you think you cant write a novel, anyone can do this and it's really easy. In reality, self-publishing is a natural match for bloggers because 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 each 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 have it printed on Amazon, theres nothing left to perform. I spend roughly $20 per month on advertising for each book and thats it. .

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

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a few decades now and have reserved returns only 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 through 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 calendar year so youll need quite a bit invested to create that $5,000 a month but even a small portfolio will constantly be putting cash try this 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 websites automated investing instrument. 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 automatically invest your money. Its important as youre collecting money on your loan investments every day so that you want to have that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club makes the investment completely passive. I could only check in on my account once a month or even more often. I know that app is going to keep investing my money for a stable and passive return.

Our next passive income notion 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 own for anyone with a side-hustle idea.

Patreon is really how the arts used to work hundreds of years ago. 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 website Patreon provides you the opportunity to acquire patrons for your own works. You construct a community of individuals interested in your work, another usage of a site that will double-duty with 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 to get a writer, you could offer copies of your books. You can promise to thank patrons on your site or to promote something of theirs in the future.