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You can invest as little as $1,000 in each property which means that you can build up a portfolio of different land types and in different areas for that diversification. In addition, you get professional management of those projects. The job owners send all debt or equity payouts throughout the platform and it gets passed on to investors. .

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

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

Subscribers to the channel have likely already seen the videos on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 novels that averaged $1,857 per month this past year.

Before you think you cant write a book, anyone can do this and it is really straightforward. In reality, self-publishing is a natural match for bloggers because youre already writing this content. 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 each book and you can produce a new book every few months when youre really focused. The very best part 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 each book and thats it. .

If youre doing a novel every two months, youll have your $5,000 per month in just over two years and thats going to be consistent income every month even if 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 booked returns just under 10%. Now that may not sound fantastic 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 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 year so youll need quite a bit invested to create that $5,000 have a peek at this site per month but even a little portfolio will constantly be putting money in your account. You receive paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I like about p2p investing on Lending Club is your websites automated investing tool. You pick the standards for webpage loans in which you want to invest and the program does the rest. It will look for loans every day which 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 tool 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 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 idea.

Patreon is actually how the arts used to work hundreds of years ago. 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 website Patreon provides you the opportunity to acquire patrons to your own works. You build a community of people interested in your work, click for more info another usage of a site that will double-duty with this passive income plan, and then request them to make contributions every time you create something. .

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