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You can invest as little as $1,000 in each property which means you can develop a portfolio of different land types and in different regions for this diversification. You also get professional management of the jobs. The job 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 follow the economy a little but there is still that natural demand from homeowners and commercial users so that supports prices.

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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 real estate debt on PeerStreet and in debt. I enjoy investing on more than one platform 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 notion, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books that averaged $1,857 per month this past year.

Before you think you cant write a book, anyone can do this and it's so easy. In fact, self-publishing is a natural fit for bloggers because youre already writing the material. 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 per month on every book and you can produce a new book every few months when youre really focused. The best thing about self-publishing is that once you get it published on Amazon, theres almost nothing left to perform. I spend roughly $20 per month on advertising for every publication and thats it. .

So if youre doing a book every 2 months, youll have your $5,000 a month in just over two decades and now thats going to become consistent income every month even if you stop writing.

Another investment I highlighted 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 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 that 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 about $1,000 on every $10,000 invested. Now thats a calendar year so youll need a bit invested to create that $5,000 a 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. .

What I like about p2p investing on Lending Club is the sites automated investing instrument. You pick the criteria for loans in which you want to invest and the application does the rest. It will search for loans every day that meet those variables and mechanically 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 automatic investing instrument on Lending Club gets the investment entirely passive. I could only check in on my account once per month or even more often. I know that app is going to keep investing my money for a secure and passive return.

Our next passive income notion is another twist on crowdfunding learn this here now known as Patreon. click here for more The site is encouraged as a crowdfunding website for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is actually how the arts used to operate hundreds of years back. Back during the renaissance, artists used 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 to your own works. You construct a community of individuals interested in your work, another use of a site that will double-duty for this passive income strategy, and then request them to make contributions every time you produce something. .

Now patrons dont come away empty-handed, you provide benefits and copies of this work. So for a writer, you could offer copies of your own books. You could promise to thank patrons on your blog see it here or to market something of theirs in the future.