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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 this diversification. In addition, you get professional management of the projects. The job owners send all debt or equity payouts throughout the platform and it gets passed on to investors. .

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

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I surveyed property crowdfunding websites 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 platform because it provides me access to as many deals as you can. .

Clients to the channel have probably already seen the videos on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books that averaged $1,857 a month this past 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 fit for bloggers since youre already writing this content. All you need to do is reformat it and turn it into a publication for another income source.

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Im making an average of $185 a month on each publication and you can produce a new book every couple of months when youre really focused. The best thing about self-publishing is that once you have it published on Amazon, theres almost nothing left to perform. I spend roughly $20 a month on advertising for every book and thats it. .

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

Another investment I visit the website highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of decades now and have booked returns only under 10%. Now that might not sound fantastic 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 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 about $1,000 on each $10,000 invested. Now thats a year so youll need a bit invested to create that $5,000 per month but even a small portfolio will constantly be putting money link in your account. You get paid principal 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 the sites automated investing instrument. You decide on the criteria for loans in which you want to invest and the program does the rest. It will search for loans every day which meet those factors and automatically invest your money. Its important because youre collecting money on your loan investments every day so that you want to have that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club gets the investment entirely 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 idea is another twist on crowdfunding called 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 idea.

Patreon is actually how the arts used to operate hundreds of years back. Back during the renaissance, artists utilized 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 build a community of people interested in your work, another use of a site that will double-duty for this passive income strategy, and then ask them to make contributions each time you create something. .

Now patrons dont come off empty-handed, you provide benefits and copies of this work. Our site So to get a writer, you could offer copies of your own books. You could promise to publicly thank patrons on your site or to promote something of theirs in the future.

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