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You can invest as little as $1,000 in each 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 those projects. The job owners send all equity or debt 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 costs may follow the economy a little but there's still that natural demand from homeowners and business customers so that affirms costs.

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I surveyed property 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. .

Subscribers 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 also have 10 books that averaged $1,857 a month this past year.

Before you think you cant write a book, anyone can do so and it is really easy. In reality, self-publishing is a natural match for bloggers because youre already writing this 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 publication and you can produce a new book every few months if youre really concentrated. The very best thing 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 2 months, youll have your $5,000 a month in only over two decades and now thats going to be consistent income every month even if you give up writing.

Another investment I highlighted recently was p2p lending through read Lending Club. Ive been investing in p2p for a couple of decades now and have booked returns just under 10%. Now that might not sound fantastic against double-digit stock returns but its dual everything 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 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 about $1,000 on each $10,000 invested. Now thats a calendar year so youll need quite a bit invested to create that $5,000 a month but even a little 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 websites automated investing instrument. 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 fulfill those factors and mechanically invest your money. Its important as youre collecting money on your loan investments daily so that 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 entirely passive. I might only check in on my account once per month or even less often. I know that program 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 site is encouraged as a crowdfunding site for creative people like artists and writers but really its for anyone with a side-hustle idea.

Patreon is actually how the arts used to operate hundreds of years back. Back during the renaissance, artists utilized 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 build a community of individuals interested in your work, another usage of a blog that does double-duty for this passive income strategy, and then ask 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 for a writer, you could offer copies of your books. You could promise to thank patrons on your site or to promote something of theirs in the future.