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

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

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I researched real estate crowdfunding websites on returns and found that debt investments average around 9 percent whilst 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 gives me access to as many deals as you can. .

Clients to the channel have likely already seen the videos on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 novels that averaged $1,857 per month this past year.

Before you think you cant write a book, anyone can do so and it's really straightforward. In reality, self-publishing is a natural fit for bloggers because youre already writing this content. All you have 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 every publication and you can produce a new book every couple of months if youre really concentrated. The very best part about self-publishing is that once you get it printed on Amazon, theres nothing left to do. I spend about $20 a month on advertising for every publication and thats it. .

If youre doing a book every two months, youll have your own $ 5,000 per month in just over two years and now thats going to be 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 reserved returns only under 10%. Now that may not sound great 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 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 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 in your account. You receive paid principal and interest monthly on your loans so its a great cash flow investment. .

What I like about p2p investing on Lending Club is the sites automated investing tool. You pick the criteria for loans in which you want additional hints to invest and the application does the rest. It will look for loans daily which fulfill those factors and automatically 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 automatic investing tool on Lending Club makes 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 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 idea.

Patreon is really 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 site Patreon provides you the opportunity to get patrons to your own works. You build a community of individuals interested in your work, another usage of a blog 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 off empty-handed, you provide rewards and copies of this job. So to get a writer, you might offer copies of your own books. You can promise to thank patrons on your blog or to market something of theirs in the future.