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You can invest as little as $1,000 in each property which means you can develop a portfolio of different property types and in different areas for that diversification. You also get professional management of the 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 jobs, short-term economy hiccups shouldnt affect them. Real estate costs may follow the economy somewhat but there is still that natural demand from homeowners and commercial customers so that supports costs.

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I researched property crowdfunding websites on returns and found that debt investments average around 9 percent whilst equity returns average 15% annually. I invest in real estate 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 movies on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 novels that averaged $1,857 per month last year.

Before you think you cant write a novel, anyone can do so and it's so straightforward. In fact, self-publishing is a natural match for bloggers since youre already writing the 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 book and you can generate a new book every couple of months when youre really concentrated. The best part about self-publishing is that once you get it published on Amazon, theres almost nothing left to do. I spend about $20 per month on advertising for each publication and thats it. .

So if youre doing a novel every 2 months, youll have your $5,000 a month in just over two years and thats going to be consistent income every month even in the event that you give up writing.

Another investment my explanation I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a few years now and have reserved returns only under 10%. Now that may not sound great against double-digit stock returns but its dual what you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you 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 so about $1,000 on each $10,000 invested. Now thats a calendar year so youll need quite a bit invested to make that $5,000 a month but even a small portfolio will constantly be putting cash in your account. You get 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 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 that money reinvested as soon as possible. .

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The automated investing tool on Lending Club gets 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 secure and passive return.

Our next passive income notion is another twist on crowdfunding known as Patreon. The website is promoted as a crowdfunding website for creative people like artists and writers but its own for anyone with a side-hustle idea.

Patreon is actually how the arts used to operate hundreds of years back. Back during the renaissance, artists utilized to ask the rich to be their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to acquire patrons to your own works. You construct a community of individuals interested in your job, another usage 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 offer benefits and copies of the work. So to get a writer, you might offer copies of your books. You could promise to thank patrons on your blog or to market something of theirs in the long run.