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

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

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I surveyed property crowdfunding sites on returns and found that debt investments average around 9 percent whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform since it provides me access to as many deals as possible. .

Subscribers to the channel have probably already seen the movies on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 novels that averaged $1,857 per month last year.

Before you think you cant write a novel, anyone can do so and it's so easy. In fact, self-publishing is a natural match for bloggers since youre already writing the material. 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 per month on each book and you can generate a new book every couple of months if youre really concentrated. The best part about self-publishing is that once you get it published on Amazon, theres nothing left to perform. I spend roughly $20 a month on advertising for each book and thats it. .

If youre doing a book every two months, youll have your $5,000 per month in just over two decades and thats going to become consistent income each month even in the event that 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 just under 10%. Now that may not sound great against double-digit stock returns but its dual 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 through any pension plan or insurance. You see banks sell their loans to investors who need reliable money 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 calendar year so youll need quite a bit invested to make that $5,000 per month but even the original source a small 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 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 search 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 automatic investing tool on Lending Club makes the investment entirely passive. I might only check in on my account once per month or even more often. I know that program is going to keep investing my money for a secure and passive return.

Our next passive income idea is another twist on crowdfunding known as Patreon. The website is promoted as a crowdfunding site for creative people like artists and writers but its for anyone with a side-hustle notion.

Patreon is actually 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 site Patreon gives you the opportunity to acquire patrons for your own works. You construct a community of people interested in your job, 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 offer benefits and copies of this work. So to get a writer, this page you might offer copies of your own books. You could promise to publicly thank patrons on your site or to promote something of theirs in the long run.