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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 property types and in different areas for this diversification. You also get professional management of the projects. The job owners send all equity or debt payouts throughout the platform and it has passed on to investors. .

Since these are longer-term jobs, short-term market hiccups shouldnt affect them. Real estate prices may occur after the economy somewhat but there's still that natural demand from homeowners and business customers so that affirms costs.

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

Clients to the channel have probably already seen the movies 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 really straightforward. In fact, self-publishing is a natural match for bloggers because youre already writing this material. All you need 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 when youre really focused. The very best thing about self-publishing is that once you get it published on Amazon, theres almost nothing left to do. I spend roughly $20 per month on advertising for every publication and thats it. .

So if youre doing a book every 2 months, youll have your $5,000 per month in just over two years and thats going to become consistent income every month even if you give up writing.

Another investment I emphasized recently was p2p lending Get the facts through Lending Club. Ive been investing in p2p for a couple of decades now and have booked returns only under 10%. Now that might not sound great against double-digit stock returns but its double everything you get from other 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 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 every $10,000 invested. Now thats a year so youll need quite a bit invested to make that $5,000 a month but even a little 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 your sites automated investing tool. You decide on the criteria for loans in which you want to invest and the application does the rest. It will look for loans daily which meet those variables and automatically invest your money. Its important because youre collecting money on your loan investments every day so 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 per month or even less often. I know that program 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 website for creative people like artists and writers but its for anyone with a side-hustle notion.

Patreon company website 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 provides you the opportunity to acquire patrons for your own works. You construct a community of people interested in your job, another usage of a blog that does double-duty with this passive income plan, and then ask them to make contributions every time you create something. .

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