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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 land types and in different areas for this diversification. In addition, you get professional management of the projects. The job owners send all debt or equity payouts through the platform and it has passed on to investors. .

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

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I surveyed property crowdfunding websites on returns and found that debt investments average around 9 percent while equity returns average 15% annually. I invest in property 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. .

Subscribers to the channel have likely 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 a month this past year.

Before you think you cant write a book, anyone can do so and it is so straightforward. In fact, 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 a month on every book and you can produce a new book every few months when youre really focused. The best thing about self-publishing is that once you have it printed on Amazon, theres nothing left to perform. I spend about $20 per month on advertising for each book and thats it. .

So if youre doing a novel every two months, youll have your own $ 5,000 a month in only over two years and now thats going to be consistent income each month even if you stop writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a few decades now and have booked returns only under a knockout post 10%. Now that might 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 through any pension plan or insurance. You see banks sell their loans to investors who need reliable cash flow so their biggest buyers of loans are pensions and insurance companies.

I average just have a peek at this website under 10% annually on the loans about $1,000 on each $10,000 invested. Now thats a calendar year so youll need a bit invested to create that $5,000 per month but even a small portfolio will constantly be putting cash in your account. You receive paid principal and interest monthly on your loans so its a great cash flow investment. .

What I like 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 meet those variables and automatically 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 tool 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 notion is another twist on crowdfunding called Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but really its own 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 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 acquire patrons to your own works. You construct a community of individuals interested in your job, another use of a blog 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 away empty-handed, you provide benefits and copies of this work. So to get a writer, you might offer copies of get more your own books. You can promise to thank patrons on your blog or to market something of theirs in the future.