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You can invest as little as $1,000 in every property which means that you can develop a portfolio of different property types and in different areas for that diversification. In addition, you get professional management of the jobs. The job owners send all debt or equity payouts through the system and it has passed on to investors. .

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

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I surveyed property crowdfunding sites on returns and found that debt investments average around 9 percent 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 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 idea, self-publishing. Ive been self-publishing on Amazon since 2015 and 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 is so straightforward. In reality, self-publishing is a natural match for bloggers because youre already writing the material. 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 per month on every book and you can generate a new book every couple of months when youre really concentrated. The best thing about self-publishing is that once you have it printed on Amazon, theres nothing left to perform. I spend about $20 a month on advertising for each publication and thats it. .

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

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of decades 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 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 most important buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans about $1,000 on every $10,000 invested. Now thats a calendar year so youll need quite a bit websites invested to create that $5,000 per month but even a small portfolio will constantly be putting cash in your account. You get paid principal and link interest monthly on your loans so its a fantastic cash flow investment. .

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

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The automated investing instrument on Lending Club gets the investment entirely passive. I might only check in on my account once per month or even less 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 site is encouraged as a crowdfunding site for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is really how the arts used to work hundreds of years back. Back during the renaissance, artists used to ask the rich to be 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 you could try here in your job, another usage of a blog that does double-duty with this passive income plan, and then ask them to make contributions each time you produce something. .

Now patrons dont come off empty-handed, you provide rewards and copies of this job. So to get a writer, you could offer copies of your own books. You can promise to thank patrons on your blog or to market something of theirs in the future.