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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 land types and in different areas for this diversification. You also get professional management of those jobs. The project owners send all debt or equity payouts throughout the platform and it has passed on to investors. .

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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 affirms 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 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one stage because it provides me access to as many deals as you can. .

Subscribers to the channel have probably already seen the movies on our next passive income idea, 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 is really straightforward. In reality, self-publishing is a natural fit for bloggers because youre already writing the 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 when youre really focused. The best part about self-publishing is that once you get it printed on Amazon, theres nothing left to perform. I spend roughly $20 per month on advertising for every publication and thats it. .

If youre doing a novel every two months, youll have your $5,000 per month in only over two years and now thats going to be check these guys out 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 couple of decades now and have reserved returns just under 10%. Now that may not sound fantastic against double-digit stock returns but its dual everything you get from other fixed-income investments.

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Investing in loans is nothing new. In reality, 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 cash flow so their biggest 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 calendar year so youll need a bit invested to create that $5,000 per 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. .

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What I enjoy about p2p investing on Lending Club is your websites automated investing tool. You decide on the standards 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 because 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 automated investing instrument on Lending Club makes the investment completely passive. I might only check in on my account once per 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 site is promoted as a crowdfunding site for creative people like artists and writers but its for anyone with a side-hustle notion.

Patreon is actually how the arts used to operate hundreds of years ago. Back during the renaissance, artists utilized to ask the rich for their patrons to support their work through regular contributions.

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So now the website Patreon gives you the opportunity to get patrons for your own works. You construct a community of people interested in your work, another use of a blog that does 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 the job. So to get a writer, you might offer copies of your own books. You can promise to publicly thank patrons on your site or to promote something of theirs in the future.

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