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You can invest as little as $1,000 in every property which means you can develop a portfolio of different property types and in different areas for that diversification. You also get professional management of those jobs. The project owners send all debt or equity payouts throughout the system and it has passed on to investors. .

Since these are longer-term jobs, short-term economy hiccups shouldnt impact them. Real estate costs may occur after the economy a little but there's still that natural demand from homeowners and business customers so that affirms prices.

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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 platform since 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 have 10 novels that averaged $1,857 per month this past year.

Before you think you cant write a novel, anyone can do this and it's so easy. In reality, self-publishing is a natural match 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 book and you can produce a new book every few months if youre really focused. The very best thing about self-publishing is that once you get it published on Amazon, theres almost nothing left to do. I spend about $20 per month on advertising for every publication and thats it. .

If youre doing a novel every 2 months, youll have your own $ 5,000 per month in only over two decades and thats going to become consistent income every month even in the event that 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 booked returns just read here under 10%. Now that might not sound great 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 reality, 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 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 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. .

What I like about p2p investing on Lending Club is the sites automated investing instrument. You decide on the standards for loans in which you want to invest and the application does the rest. It will search for loans every day which meet those variables and automatically invest your money. Its important because youre collecting money on your loan investments daily so that you want that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club gets the investment entirely passive. I might only check in on my account once a month or even more often. I know that program is going to keep investing my money for a stable 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 own for anyone with a side-hustle idea.

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

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So now the site Patreon gives you the opportunity to acquire patrons for your own works. You construct a community of people interested in your work, another use of a site that will double-duty with this passive income strategy, and then request them to make contributions each time you create something. .

Now patrons dont come away empty-handed, you provide rewards and copies of the job. So to get a writer, you might offer copies of your own books. You could promise to publicly thank patrons on your site or to market something of theirs in the future.