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

Since these are longer-term projects, short-term economy hiccups shouldnt affect them. Real estate prices may follow the economy a little but there's still that natural demand from homeowners and business customers so that supports prices.

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I surveyed property crowdfunding sites on returns and found that debt investments average around 9% while equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I enjoy investing on more than one stage because it provides me access to as many deals as you can. .

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

Before you think you cant write a novel, anyone can do so and it is really easy. In fact, self-publishing is a natural match for bloggers since youre already writing this material. 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 per month on each book and you can produce a new book every couple of months when youre really focused. The best thing about self-publishing is that once you get it printed on Amazon, theres almost nothing left to perform. I spend about $20 a 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 years and thats going to become consistent income each month even in visit this page 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 only under 10%. Now that may not sound great against double-digit stock returns but its dual what 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 that 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 every $10,000 invested. Now thats a year so youll need quite a bit invested to make that $5,000 per 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 like about p2p investing on Lending Club is your websites automated investing instrument. You pick the criteria for loans in which you want to invest and the program does the rest. It will look for loans every day that meet those factors and mechanically invest your money. Its important as youre collecting money on your loan investments every day so you want that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club gets the investment completely passive. I could 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 idea is another twist on crowdfunding known as Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but 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 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 check this site out get patrons for your own works. You construct a community of people interested in your job, another use of a blog that does double-duty for this passive income strategy, and then request them to make contributions each time you produce something. .

Now patrons dont come off empty-handed, you provide rewards and copies of this work. So for a writer, you might offer copies of your books. You could promise to thank patrons on your blog or to promote something of theirs in the long run.