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

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Since these are longer-term projects, 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 users so that supports prices.

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I researched real estate crowdfunding sites on returns and found that debt investments average around 9% whilst equity returns average 15 percent annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one stage since it gives me access to as many deals as possible. .

Clients to the channel have probably already seen the videos on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 novels that averaged $1,857 per month last year.

Before you think you cant write a book, anyone can do this and it's so straightforward. In reality, self-publishing is a natural fit for bloggers because 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 every publication and you can produce a new book every few months when youre really focused. The best part about self-publishing is that once you have it published on Amazon, theres almost nothing left to do. I spend about $20 per month on advertising for every book and thats it. .

If youre doing a book every two months, youll have your $5,000 a month in only over two decades and now 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 booked returns only under 10%. Now that may 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 already 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 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 great cash flow investment. .

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What I enjoy about p2p investing on Lending Club is your websites automated investing instrument. You pick the criteria for loans in which you want to invest and the application does the rest. It will search for loans daily which fulfill 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 gets the investment completely passive. I could only check in on my account once a month or even more often. I know that program is going to keep investing my money for a stable and passive return.

Our next passive income idea 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 visit this page for anyone with a side-hustle notion.

Patreon is actually how the arts used to work hundreds of years back. 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 site Patreon gives you the opportunity to acquire patrons for your own works. You construct a community of people interested in your work, another usage of a blog that does double-duty for this passive income plan, and then ask them to make contributions every time you produce something. .

Now patrons dont come away empty-handed, you provide benefits and copies of the job. So to get a writer, you might offer copies of your books. You can promise to publicly thank patrons on your site or to promote something of theirs in the future.

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