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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 areas for that diversification. In addition, you get professional management of the jobs. The project 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 follow the economy somewhat 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 percent while equity returns average 15% annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one stage because it provides me access to as many deals as possible. .

Clients to the channel have probably already seen the videos 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 per month this past year.

Before you think you cant write a book, anyone can do this and it's so straightforward. 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 publication for another income source.

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Im making an average of $185 per month on each book and you can generate a new book every few months if youre really focused. The best thing about self-publishing is that once you have it published on Amazon, theres nothing left to do. I spend about $20 per month on advertising for every book and thats it. .

So if youre doing a book every two months, youll have your own $ 5,000 a month in only over two years and now thats going to become 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 few decades now and have reserved returns just under 10%. Now that may not sound fantastic 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 already have money in them via any pension plan or insurance. You see banks sell their loans to investors who 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 every $10,000 invested. Now thats a year so youll need 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 fantastic cash flow investment. .

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

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The automated investing tool on Lending Club makes the investment completely passive. I could only check in on my account Source once per month or even more often. I know that program is going to keep investing you can try here my money for a secure and passive return.

Our next passive income idea is another twist on crowdfunding called 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 notion.

Patreon is really how the arts used to operate hundreds of years ago. 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 site Patreon gives you the opportunity to acquire patrons for your own works. You build a community of people interested in your job, another use of a site that will double-duty with this passive income plan, and then ask them to make contributions each time you create something. .

Now patrons dont come away empty-handed, you provide rewards and copies of this work. So to get a writer, you might offer copies of your own books. You could promise to publicly thank patrons on your site or to promote something of theirs in the future.