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You can invest as little as $1,000 in each property that means you can develop a portfolio of different land types and in different regions for that diversification. In addition, you get professional management of the 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 affect them. Real estate prices may occur after the economy a little but there is still that natural demand from homeowners and business customers so that affirms costs.

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I researched real estate 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 possible. .

Clients to the channel have likely already seen the videos on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 novels that averaged $1,857 per month this past year.

Before you think you cant write a novel, anyone can do this and it is so straightforward. In fact, self-publishing is a natural fit for bloggers since youre already writing the 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 publication and you can generate a new book every few months when youre really focused. The very best part about self-publishing is that once you get it printed 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 per month in only over two years and now thats going to become consistent income each month even if you give up writing.

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a few decades now and have booked returns just under 10%. Now that might 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 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 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 a bit invested to make that $5,000 per month but even a little portfolio will constantly be putting money in your account. You receive paid principal and interest monthly on your loans so its a great cash flow investment. .

What I enjoy about p2p investing on Lending Club is the websites 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 daily that meet those factors and mechanically invest your money. Its important because youre collecting money on your loan investments daily so that you want that money reinvested as soon as possible. .

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The automated investing tool on Lending Club makes the investment entirely passive. I might only check in on my account once per month or even less 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 called Patreon. The site is encouraged as a crowdfunding site for creative people like artists and writers but its own for anyone with a side-hustle notion.

Patreon is really how the arts used to operate hundreds of years back. Back during the renaissance, artists used to ask the rich to be 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 for your own works. You construct a community of people interested discover here in your job, another use of a site that does double-duty with this passive income plan, 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 job. So for a writer, you might offer copies of your own books. You can promise to publicly thank patrons on your site or to promote something of theirs in the long run.