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You can invest as little as $1,000 in every property which means you can develop a portfolio of different property types and in different regions for this diversification. In addition, you get professional management of those projects. 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 a little but there's still that natural demand from homeowners and commercial customers so that supports prices.

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I surveyed property crowdfunding sites on returns and found that debt investments average around 9% while equity returns average 15 percent annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one platform since it gives 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 also have 10 books that averaged $1,857 a month last year.

Before you think you cant write a novel, anyone can do this and it's so easy. In fact, self-publishing is a natural match for bloggers since 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 a month on every publication and you can generate a new book every couple of months if youre really focused. The best thing about self-publishing is that once you have it printed on Amazon, theres almost nothing left to do. I spend roughly $20 per month on advertising for every book and thats it. .

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

Another investment I highlighted 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 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 fact, I guarantee you have money in them through any pension plan or insurance. You see banks sell their loans to investors that 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 look these up 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 get paid principal and interest monthly on your loans so its a great cash flow investment. .

What I enjoy about p2p investing on Lending Club is the sites automated investing tool. You decide on the standards for loans in which you want to invest and the program does the rest. It will search for loans every day which fulfill those factors and automatically invest your money. Its important as 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 instrument on Lending Club gets the investment completely passive. I could only check in on my account once per month or even more continue reading this 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 known as Patreon. The site is encouraged as a crowdfunding website for creative people like artists and writers but its for anyone with a side-hustle notion.

Patreon is really 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 gives you the opportunity to get patrons for your own works. You build a community of people interested in your work, another use of a blog that does double-duty for this passive income strategy, and then ask them to make contributions each time you produce something. .

Now patrons dont come away empty-handed, you offer benefits and copies of the job. So to get a writer, you might offer copies of your books. You could promise to publicly thank patrons on your blog or to market something of theirs in the future.