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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 land types and in different regions 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 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 somewhat but there is 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% 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 stage since it provides me access to as many deals as you can. .

Subscribers 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 books that averaged $1,857 per month last year.

Before you think you cant write a novel, anyone can do so and it's really easy. In reality, self-publishing is a natural match for bloggers because 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 few months if youre really concentrated. The very best part about self-publishing is that once you get it published on Amazon, theres almost nothing left to do. I spend roughly $20 a month on advertising for every publication and thats it. .

So if youre doing a novel every two months, youll have your own $ 5,000 per month in just over two years and now 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 couple of years now and have booked returns only under 10%. Now that might not sound great against double-digit stock returns but its dual everything you get from other fixed-income investments.

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Investing in loans continue reading this 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 that need reliable cash flow so their most important 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 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 fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is your websites from this source automated investing tool. You pick the standards for loans in which you want to invest and the program does the rest. It will look for loans every day which meet those factors and automatically invest your money. Its important as youre collecting money on your loan investments daily so you want that money reinvested as soon as possible. .

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The automated investing tool on Lending Club makes the investment completely passive. I might only check in on my account once a 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 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 work hundreds of years ago. Back during the renaissance, artists used to ask the rich to be their patrons to support their work through regular Discover More 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 use of a site that does double-duty for this passive income strategy, and then ask them to make contributions every time you produce something. .

Now patrons dont come away empty-handed, you provide benefits and copies of this work. So for a writer, you might offer copies of your own books. You can promise to thank patrons on your site or to market something of theirs in the future.