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You can invest as little as $1,000 in every property that means you can develop a portfolio of different property types and in different regions for that diversification. You also get professional management of those projects. The job owners send all equity or debt payouts through the system and it has passed on to investors. .

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Since these are longer-term projects, short-term economy hiccups shouldnt impact them. Real estate prices may follow the economy a little but there's still that natural demand from homeowners and business users 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 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 you can. .

Clients to the channel have likely already seen the videos 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 a month last year.

Before you think you cant write a book, anyone can do this and it's really easy. In fact, self-publishing is a natural match for bloggers because 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 each publication and you can produce a new book every couple of months if youre really focused. The best thing 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. .

If youre doing a book every 2 months, youll have your $5,000 per month in just over two decades and now thats Bonuses going to be 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 couple of 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 other fixed-income investments.

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Investing in loans is nothing new. In reality, 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 year so youll need quite a bit invested to create that $5,000 per month but even a little portfolio will constantly be putting cash in your account. You get paid principal additional resources and interest monthly on your loans so its a fantastic cash flow investment. .

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What I like about p2p investing on Lending Club is your sites automated investing instrument. You decide on the standards for loans in which you want to invest and the application does the rest. It will look for loans every day that meet those factors and automatically invest your money. Its important because youre collecting money on your loan investments every day so you want that money reinvested see here 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 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 known as Patreon. The site is encouraged as a crowdfunding site for creative people like artists and writers but 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 rich for their patrons to support their work through regular contributions.

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So now the website Patreon provides you the opportunity to get patrons to your own works. You build a community of individuals interested in your work, another usage of a blog that will double-duty for this passive income strategy, and then request 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 for a writer, you could offer copies of your own books. You can promise to thank patrons on your blog or to market something of theirs in the future.

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