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

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Since these are longer-term jobs, short-term economy hiccups shouldnt affect them. Real estate prices 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 property crowdfunding websites on returns and found that debt investments average around 9% whilst equity returns average 15% annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one stage because it gives me access to as many deals as you can. .

Clients 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 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's so straightforward. In fact, self-publishing is a natural match for bloggers since youre already writing the 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 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 have it published on Amazon, theres nothing left to do. 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 per month in just over two decades and thats going to become consistent income each 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 years now and have reserved returns only under 10%. Now that may 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 reality, I guarantee you already have money in them through any pension plan or insurance. You see banks sell their loans to investors who need reliable cash flow so their most important 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 year so youll need a bit invested to create that $5,000 a month but even a small portfolio will constantly be putting cash in your account. You get paid principal and interest monthly on your loans so its a great cash flow investment. .

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What I like about p2p investing on Lending Club is your websites automated investing tool. You decide on the standards for loans in which you want to invest and the application does the rest. It will search for loans daily which meet those variables and automatically invest your money. Its important as youre collecting money on your loan investments daily so that you want to have that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club makes the investment entirely passive. I could only check in on my account once click over here now 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 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 own 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 used to ask the rich to be their patrons to support their work through regular contributions.

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So now the website Patreon gives you the opportunity to get patrons for your own works. You build a community of individuals interested in your job, another use of a site that does double-duty for this passive income plan, and then request them to make contributions every time you Visit Your URL produce something. .

Now patrons dont come off empty-handed, you offer rewards and copies of the job. So for a writer, you might offer copies of your books. You could promise to thank patrons on your site or to promote something of theirs in the future.

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