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

Since these are longer-term projects, short-term market hiccups shouldnt impact them. Real estate prices may follow the economy somewhat but there is still that natural demand from homeowners and commercial customers so that affirms costs.

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I researched real estate crowdfunding sites 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 enjoy investing on more than one platform because it gives me access to as many deals as you can. .

Clients to the channel have probably 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 a month this past year.

Before you think you cant write a novel, anyone can do so and it is so easy. In reality, self-publishing is a natural match 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 per month on every publication and you can generate a new book every few months if youre really focused. The best part about self-publishing is that once you have it published on Amazon, theres nothing left to do. I spend roughly $20 per month on advertising for every book and thats it. .

So if youre doing a book every 2 months, youll have your own $ 5,000 per month in just over two years and thats going to become consistent income each 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 only under 10%. Now that might not sound great against double-digit stock returns but its double everything you get from additional 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 find more information 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 calendar year so youll need quite a bit invested to create 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 great cash flow investment. .

What I enjoy 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 application does the rest. It will look for loans daily that fulfill 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 automatic investing instrument on Lending Club makes the investment entirely passive. I could only check in on my account once a month or even less often. I additional reading know that app 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 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 work hundreds of years back. Back during the renaissance, artists used to ask the wealthy for 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 build a community of people interested in your work, another use of a blog that does double-duty for this passive income strategy, and then ask them to make contributions each time you produce something. .

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