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

Since these are longer-term projects, short-term economy hiccups shouldnt affect them. Real estate prices may follow the economy a little but there's still that natural demand from homeowners and business customers so that supports prices.

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I researched property crowdfunding sites on returns and found that debt investments average around 9% while equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one platform since it provides me access to as many deals as you can. .

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 is really easy. In fact, self-publishing is a natural fit for bloggers because youre already writing the 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 a month on each publication and you can produce a new book every few months if youre really concentrated. The best part about self-publishing is that once you get it published on Amazon, theres almost nothing left to perform. I spend about $20 per month on advertising for each publication and thats it. .

If youre doing a novel every 2 months, youll have your own $ 5,000 a month in only over two years and now thats see post going to be consistent income each 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 few decades now and have booked returns only under 10%. Now that might 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 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 money flow so their biggest buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans so about $1,000 on each $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 website here will constantly be putting cash in your account. You get paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is your websites automated investing instrument. You decide on the standards for loans in which you want to invest and the program does the rest. It will search for loans daily that meet those factors and automatically invest your money. from this source 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 might only check in on my account once per 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 idea is another twist on crowdfunding known as Patreon. The site is encouraged as a crowdfunding site for creative people like artists and writers but really its own for anyone with a side-hustle idea.

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 website Patreon gives you the opportunity to get patrons to your own works. You construct a community of people interested in your work, another usage of a site that does double-duty with this passive income plan, and then ask them to make contributions every time you produce something. .

Now patrons dont come off empty-handed, you provide benefits and copies of this job. So to get a writer, you could offer copies of your own books. You could promise to publicly thank patrons on your blog or to promote something of theirs in the long run.