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You can invest as little as $1,000 in every property that means that you can develop a portfolio of different land types and in different areas for that diversification. You also get professional management of those jobs. The project owners send all equity or debt 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 costs may occur after the economy somewhat but there's still that natural demand from homeowners and commercial users so that supports 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% 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 possible. .

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 a month last year.

Before you think you cant write a book, anyone can do so and it's really easy. In fact, self-publishing is a natural match for bloggers since youre already writing the material. All you have 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 produce a new book every few months if youre really focused. The best thing about self-publishing is that once you get it printed on Amazon, theres almost nothing left to do. I spend about $20 a month on advertising for each book and thats it. .

If youre doing a novel every two months, youll have your $5,000 a month in just over two years and thats going to be consistent income each 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 years now and have booked returns just under 10%. Now that might 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 reality, 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 cash 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 quite a bit invested to create that $5,000 a 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 great cash flow investment. .

What I enjoy about p2p investing on Lending Club is your sites automated investing tool. You pick the standards for loans in which you want to invest and the program does the rest. It will search for loans daily which meet those variables and mechanically invest your money. Its important as youre next collecting money on your loan investments daily so 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 entirely 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 notion is another twist on crowdfunding called Patreon. The site is promoted 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 work hundreds of years back. 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 provides you the opportunity to acquire patrons to your own works. You construct a community of individuals have a peek at this site interested in your job, another use of a site that does double-duty with this passive income strategy, and then ask them to make contributions every time you create something. .

Now patrons dont come off empty-handed, you offer benefits and copies of this job. So to get a writer, you might offer copies of your books. You could promise to publicly thank patrons on your site or to market something of theirs in the long run.