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You can invest as little as $1,000 in each property which means that you can develop a portfolio of different property types and in different regions for that diversification. You also get professional management of those projects. The job owners send all debt or equity payouts through the platform and it gets 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 somewhat but there is still that natural demand from homeowners and commercial users so that supports prices.

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I researched property crowdfunding websites on returns and found that debt investments average around 9 percent whilst equity returns average 15 percent annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one platform because it gives me access to as many deals as you can. .

Subscribers to the channel have probably already seen the movies on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 books that averaged $1,857 a month this past year.

Before you think you cant write a novel, anyone can do so and it's so easy. In fact, self-publishing is a natural fit for bloggers since 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 each publication and you can generate a new book every couple of months when youre really concentrated. The very best part about self-publishing is that once you have it printed on Amazon, theres nothing left to perform. I spend roughly $20 a month on advertising for every publication and thats it. .

So if youre doing a novel every 2 months, youll have your $5,000 per month in only over two years and now thats going to be 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 years now and have reserved returns just under 10%. Now that might not sound great against double-digit stock returns but its dual what you get from other fixed-income investments.

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Investing in loans is nothing new. In reality, I guarantee you 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 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 year so youll need a bit invested to make that $5,000 per month but even a small portfolio will constantly be putting money in your account. You get paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is your sites automated investing tool. You pick the criteria for loans in which you want to invest and the program does the rest. It will look for loans daily which fulfill those variables and mechanically invest your money. Its important as youre collecting money on your loan investments daily so that you want to have that money reinvested as soon as possible. .

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The automated investing tool on Lending Club gets the investment completely passive. I could only check in on my account once per 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 visit the site Patreon. The site is promoted as a crowdfunding site for creative people like artists and writers but really its for anyone with a side-hustle idea.

Patreon is really how the arts used to operate 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 get patrons for your own works. You construct a community of people interested in your work, another usage of a site that does double-duty with this passive income plan, and then ask them to make contributions every time you produce something. .

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