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You can invest as little as $1,000 in each property which means you can build up a portfolio of different land types and in different regions for that diversification. You also get professional management of the projects. The job owners send all equity or debt payouts through 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 occur after the economy somewhat but there is still that natural demand from homeowners and commercial users so that supports prices.

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I surveyed real estate crowdfunding websites on returns and found that debt investments average around 9 percent whilst equity returns average 15 percent annually. I invest in real estate 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 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 a month this past year.

Before you think you cant write a book, anyone can do so and it is really straightforward. In fact, self-publishing is a natural match for bloggers because youre already writing this content. 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 per month on every publication and you can generate a new book every few months if youre really focused. 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 per month on advertising for every book and thats it. .

If youre doing a novel every 2 months, youll have your own $ 5,000 a month in just over two decades and now thats going to become consistent 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 couple of decades now and have reserved returns only 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 have money in them through any pension plan or insurance. You see banks sell their loans to investors who 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 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 money 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 the websites automated investing instrument. You decide on the criteria for loans in which you want to invest and the program does the rest. It will search for loans daily that hop over to here meet those variables and mechanically invest your money. Its important because youre collecting money on your loan investments every day so that you want that money reinvested as soon as possible. .

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The automated investing tool on Lending Club makes the investment entirely passive. I could only check in on my account once per month or even more often. I know that app 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 website 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 work hundreds of years ago. Back during the renaissance, artists used 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 construct a community of individuals interested in your work, another anchor usage of a blog that will double-duty for this passive income plan, and then request them to make contributions each time you produce something. .

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