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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 property types and in different regions for that diversification. In addition, you get professional management of those jobs. The project owners send all equity or debt payouts through the platform and it gets passed on to investors. .

Since these are longer-term projects, short-term economy hiccups shouldnt impact them. Real estate prices may follow the economy somewhat but there is still that natural demand from homeowners and commercial customers so that supports prices.

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I researched real estate 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 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 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 a month last year.

Before you think you cant write a book, anyone can do this and it is so straightforward. In reality, self-publishing is a natural match for bloggers since youre already writing this content. 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 per month on every publication and you can generate a new book every few months if youre really focused. The best part about self-publishing is that once you get it printed on Amazon, theres nothing left to do. I spend about $20 per month on advertising for every publication and thats it. .

If youre doing a novel every 2 months, youll have your $5,000 a month in only over two decades and now thats going to be consistent income every month even in the event that you give up writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a few years now and have booked returns only under 10%. Now that may not sound fantastic 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 fact, 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 basics $10,000 invested. Now thats a calendar 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 get 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 the sites automated investing tool. You decide on the criteria for loans in which you want to invest and the application does the rest. official statement It will look for loans daily that fulfill those factors and mechanically invest your money. Its important because youre collecting money on your loan investments daily so you want to have that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club makes the investment completely passive. I could 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 stable 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 own 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 wealthy to be their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to get patrons to your own works. You build a community of people interested in your job, another usage of a site that does double-duty with this passive income strategy, and then request them to make contributions each time you create something. .

Now patrons dont come off empty-handed, you offer rewards and copies of the job. So to get a writer, you could offer copies of your books. You can promise to publicly thank patrons on your blog or to market something of theirs in the future.