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

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

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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 like investing on more than one platform because it provides me access to as many deals as possible. .

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 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 fit for bloggers because youre already writing this content. 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 generate a new book every few months when youre really concentrated. 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 a month on advertising for every publication and thats it. .

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

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a few decades now and have reserved returns just under 10%. Now that may not sound fantastic against double-digit stock returns but its dual what you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you 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 about $1,000 on every $10,000 invested. Now thats a year so youll need quite 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. .

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. It will look for loans every day which meet those factors and automatically invest your money. Its important because 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 automated investing instrument on Lending Club gets the investment completely passive. I might only check in on my account once per month or even more often. I know that app is going to keep investing my money for a stable and passive return.

Our next passive income idea is another twist on crowdfunding known as Patreon. The site is promoted as a crowdfunding site for creative people like artists and writers but really its own for anyone with a side-hustle notion.

Patreon is really how the arts used to work hundreds of years ago. Back during the renaissance, artists used to ask the wealthy for their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to acquire patrons to your own works. You construct a community of individuals interested in your work, another use of a blog that does double-duty with this passive income strategy, and then ask them to make contributions each time you produce something. .

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