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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 property types and in different regions for that diversification. You also get professional management of the jobs. The project owners send all debt or equity payouts throughout the platform and it gets passed on to investors. .

Since these are longer-term jobs, short-term market hiccups shouldnt impact them. Real estate costs may occur after the economy a little but there is still that natural demand from homeowners and business customers so that affirms prices.

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I surveyed real estate crowdfunding sites 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 like investing on more than one platform since it gives me access to as many deals as you can. .

Subscribers 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 have 10 novels that averaged $1,857 per month this past year.

Before you think you cant write a novel, anyone can do this and it is really straightforward. In reality, self-publishing is a natural match for bloggers since 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 each publication and you can produce a new book every few months if youre really concentrated. The best part about self-publishing is that once you have it published on Amazon, theres nothing left to do. I spend about $20 per month on advertising for every publication and thats it. .

So if youre doing a novel every 2 months, youll have your $5,000 per month in just over two decades and thats going to become consistent check 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 few decades now and have reserved returns just under 10%. Now that may not sound great against double-digit stock returns but its double everything you get from additional fixed-income investments.

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Investing in loans is nothing new. In reality, I guarantee you 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 most important 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 year so youll need a bit invested to create that $5,000 per month but even a small portfolio will constantly be putting money in your account. You receive 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 tool. You pick the criteria for loans in which you want to invest and the program does the rest. It will look for loans every day that fulfill those variables and mechanically invest your money. Its important because youre collecting money on your loan investments every day so you want that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club gets the investment entirely passive. I might only check in on my account once a 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 called Patreon. The website is promoted as a crowdfunding site for creative people like artists and writers but really its for anyone with a side-hustle idea.

Patreon is really how the arts used to operate hundreds of years back. Back during the renaissance, artists utilized to ask the wealthy 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 job, another usage of a blog that does double-duty for this passive income plan, and then request them to make contributions every time you create something. .

Now patrons dont come away empty-handed, you offer rewards and copies of this job. So to get a writer, you could offer copies of your books. You could promise to thank patrons on your blog or to promote something of theirs in the long run.