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You can invest as little as $1,000 in each property which means you can develop a portfolio of different property types and in different areas for that diversification. You also get professional management of the jobs. The project 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 market hiccups shouldnt affect them. Real estate prices may occur after the economy somewhat but there is still that natural demand from homeowners and business users so that supports costs.

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

Clients to the channel have likely already seen the movies 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 last year.

Before you think you cant write a novel, anyone can do this and it's really straightforward. In fact, self-publishing is a natural fit for bloggers because youre already writing the material. All you have 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 each book and you can generate a new book every couple of months when youre really focused. The best part about self-publishing is that once you have it printed on Amazon, theres nothing left to perform. I spend roughly $20 per month on advertising for each publication and thats it. .

So if youre doing a book every two months, youll have your $5,000 per month in just over two decades and now thats going to be consistent income every 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 find out for a couple of years now and have booked returns only under 10%. Now that might 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 via 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 under 10% annually on the loans so about $1,000 on each $10,000 invested. Now thats a calendar year so youll need a bit invested to make 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 the websites automated investing tool. You decide on the criteria for loans in which you want to invest and the application does the rest. It will search for loans daily that meet those variables 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 automatic investing instrument on Lending Club gets the investment completely passive. I could only check in on my account once a month or even less often. I know that program 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 promoted as a crowdfunding website for creative people like artists and writers but really its own for anyone with a side-hustle idea.

Patreon is really how the arts used to work hundreds of years back. Back during the renaissance, artists utilized to ask the rich for their patrons to support their work through regular contributions.

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So now the website Patreon gives you the opportunity to acquire patrons to your own works. You build a community of individuals interested in your job, another use of a site that will double-duty for this passive income plan, and then request them to make contributions each time you create something. .

Now patrons dont come away empty-handed, you offer benefits and copies of the work. So for a writer, you could offer copies of your own books. You could promise to thank patrons on your site or to market something of theirs in the future.