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You can invest as little as $1,000 in every property that means you can build up a portfolio of different land types and in different areas for that diversification. You also get professional management of those jobs. The job owners send all debt or equity payouts throughout the platform and it gets passed on to investors. .

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

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I researched property crowdfunding sites on returns and found that debt investments average around 9% whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I enjoy investing on more than one stage 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 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 book, anyone can do so and it's really straightforward. In fact, self-publishing is a natural fit for bloggers because youre already writing this content. All you need 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 a month on every book and you can produce a new book every few months if youre really concentrated. The best thing about self-publishing is that once you have it printed on Amazon, theres nothing left to do. I spend roughly $20 a month on advertising for each book and thats it. .

So if youre doing a novel every 2 months, youll have your own $ 5,000 per month in just over two decades and now thats going to become consistent income every month even if you stop writing.

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

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Investing in loans is nothing new. In reality, I guarantee you already have money in them via 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 every $10,000 invested. Now thats a year so youll need quite a bit invested to create that $5,000 a 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 like about p2p investing on Lending Club is your sites automated investing tool. You pick the criteria for loans in which you want to invest and the program 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 to have that money reinvested 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 more often. I know that app is going to keep investing my money for a secure and passive return.

Our next passive income notion is another twist on crowdfunding called Patreon. The website is promoted as a crowdfunding site for creative people like artists and writers but its 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 used to ask the wealthy for their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to get patrons for your own works. You construct a community of individuals interested in your work, another usage of a blog that will double-duty for this passive income plan, and then request them to make contributions every time you produce something. .

Now patrons dont come away empty-handed, you provide rewards and copies of the job. So to get a writer, you might offer copies of your own books. You can promise to publicly thank patrons on your site or to market something of theirs in the long run.