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You can invest as little as $1,000 in every property which means that you can develop a portfolio of different property types and in different regions for that diversification. In addition, you 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 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 commercial users so that affirms costs.

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I surveyed real estate crowdfunding sites on returns and found that debt investments average around 9% whilst equity returns average 15% annually. I invest in real estate 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. .

Subscribers 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 this past year.

Before you think you cant write a novel, anyone can do so and it's really easy. In fact, self-publishing is a natural fit for bloggers because 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 a month on each book and you can produce a new book every couple of months when youre really concentrated. The very best thing about self-publishing is that once you have it printed on Amazon, theres almost nothing left to perform. I spend roughly $20 per month on advertising for every publication and thats it. .

So if youre doing a book every two months, youll have your own $ 5,000 a month in just over two years and now thats going to be consistent income every month even if you stop 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 just under 10%. Now that might not sound fantastic against double-digit stock returns but its double everything 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 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 every $10,000 invested. Now thats a calendar 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 receive 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 sites automated investing instrument. 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 that 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 automatic investing tool on Lending Club makes the investment entirely passive. I might only check in on my account once a month or even less often. I know that program is check this site out 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 site is promoted as a crowdfunding website for creative people like artists and writers but really its own for anyone with a side-hustle notion.

Patreon is really how the check that arts used to work hundreds of years back. Back during the renaissance, artists utilized to ask the rich for their patrons to support their work through regular contributions.

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

Now patrons dont come away empty-handed, you offer benefits and copies of This Site the work. So to get a writer, you might offer copies of your own books. You could promise to publicly thank patrons on your site or to market something of theirs in the future.