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You can invest as little as $1,000 in every property which means that you can build up a portfolio of different land types and in different areas for this diversification. In addition, you get professional management of the jobs. The project owners send all debt or equity payouts through the platform and it gets passed on to investors. .

Since these are longer-term jobs, short-term market hiccups shouldnt affect them. Real estate costs may follow the economy somewhat but there's still that natural demand from homeowners and commercial customers so that supports 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 real estate debt on PeerStreet and in debt. I enjoy investing on more than one platform because it gives 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 also 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 material. All you have 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 a month on every book and you can generate 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 almost nothing left to do. I spend about $20 per month on advertising for every publication and thats it. .

If youre doing a book every two months, youll have your $5,000 per month in just over two decades and thats going to be consistent income every month even if you stop writing.

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of decades now and have booked returns only under 10%. Now that might not sound fantastic against double-digit stock returns but its double what you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you already 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 about $1,000 on every $10,000 invested. Now thats a calendar year so youll need quite his response a bit invested to make that $5,000 a 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 fantastic cash flow investment. .

What I like about p2p investing on Lending Club is your sites automated investing tool. You decide on the criteria for loans in which you want to invest and the great site application does the rest. It will search for loans every day that fulfill those variables and automatically invest your money. Its important because youre collecting money on your loan investments every day so 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 entirely passive. I might 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 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 for anyone with a side-hustle idea.

Patreon is really how the arts used to work hundreds of years ago. Back during the renaissance, artists utilized to ask the wealthy for their patrons to support their work through more helpful hints 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 people interested in your job, another usage of a site that will double-duty for this passive income plan, and then ask them to make contributions every time you create something. .

Now patrons dont come away empty-handed, you provide rewards and copies of this work. So for a writer, you might offer copies of your own books. You can promise to thank patrons on your site or to market something of theirs in the long run.