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

Since these are longer-term projects, short-term market hiccups shouldnt affect them. Real estate prices may occur after 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 researched real estate crowdfunding sites on returns and found that debt investments average around 9% while 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 notion, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 novels that averaged $1,857 per month last year.

Before you think you cant write a book, anyone can do this and it's really easy. In reality, 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 every book and you can produce a new book every couple of months when youre really concentrated. The very best part about self-publishing is that once you get it printed on Amazon, theres nothing left to do. I spend about $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 a month in just over two years and now 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 decades now and have reserved returns just under 10%. Now that may not sound great 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 fact, 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 money flow so their biggest buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans so about $1,000 on each $10,000 invested. Now thats a calendar year so youll need quite a bit invested to create check it out that $5,000 a month but even a small portfolio will constantly be putting cash in your account. You get paid principal and 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 decide on the standards for loans in which you want to invest and the application does the rest. It will look for loans every day that meet those variables 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 might 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 stable 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 its for anyone with a side-hustle idea.

Patreon is actually 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 gives you the opportunity to get patrons to your own works. You construct a community of individuals interested in your job, another usage of a site that does double-duty with this passive income strategy, and then request them to make contributions each time you create something. .

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