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You can invest as little as $1,000 in every property which means you can build up a portfolio of different land types and in different areas for that diversification. You also get professional management of those projects. The project owners send all equity or debt payouts throughout the system 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 somewhat but there is still that natural demand from homeowners and commercial customers so that affirms costs.

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I researched real estate crowdfunding sites on returns and found that debt investments average around 9 percent whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform because it provides 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 books that averaged $1,857 per month last year.

Before you think you cant write a book, anyone can do so and it's really easy. In fact, self-publishing is a natural fit for bloggers since youre already writing the content. 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 generate a new book every couple of months if youre really focused. The very best thing about self-publishing is that once you get it printed on Amazon, theres nothing left to perform. I spend roughly $20 a month on advertising for each publication and thats it. .

So if youre doing a book every 2 months, youll have your own $ 5,000 a month in only over two decades and thats going to become consistent income every month even if you give up 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 reserved returns only under 10%. Now that might not sound great against double-digit stock returns but its dual 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 use this link to investors who 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 every $10,000 invested. Now thats a calendar year so youll need quite 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 instrument. You pick the standards for loans in which you want to invest and the application does the rest. It will search for loans daily that fulfill those factors and automatically invest your money. Its important as youre collecting money on your loan investments every day so you want that Get More Information money reinvested as soon as possible. .

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The automated investing instrument on Lending Club gets the investment completely passive. I could 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 idea is another twist on crowdfunding known as Patreon. The site is promoted as a crowdfunding website for creative people like artists and writers but really its for anyone with a side-hustle notion.

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 acquire patrons for your own works. You construct a community of people interested in your work, another use of a blog that will double-duty with 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 the job. So to get a writer, you could offer copies of your own books. You could promise to publicly thank patrons on your blog or to promote something of theirs in the long run.