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

Since these are longer-term projects, short-term market hiccups shouldnt impact them. Real estate costs may follow the economy a little but there is still that natural demand from homeowners and business users so that supports prices.

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I surveyed real estate crowdfunding websites 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. .

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 have 10 books that averaged $1,857 per 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 match for bloggers since youre already writing this material. All you need 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 every publication and you can produce a new book every few months if youre really focused. The very best part about self-publishing is that once you have it published on Amazon, theres almost 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 $5,000 a month in only over two decades and thats going to be consistent income every 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 decades now and have reserved returns just under 10%. Now that might not sound great 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 through 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 so about $1,000 on each $10,000 invested. Now thats a calendar year so youll need a bit invested to make 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 like about p2p investing on Lending Club is the websites automated investing tool. You decide on the criteria for loans in which you want to invest and the application does the rest. It will look for loans every day which fulfill those variables and mechanically invest your money. Its important because 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 instrument on Lending Club makes the investment entirely passive. I might only check in on my account once a look at here month or even more often. I know that program is going to keep investing my money for a secure and passive return.

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

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

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