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

Since these are longer-term projects, short-term economy hiccups shouldnt impact them. Real estate costs 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 websites on returns and found that debt investments average around 9 percent while equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform since it gives me access to as many deals as you can. .

Subscribers to the channel have probably 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 per month this past year.

Before you think you cant write a novel, anyone can do this and it's really easy. In fact, 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 book for another income source.

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Im making an average of $185 a month on every publication and you can generate a new book every few months if youre really concentrated. The best thing about self-publishing is that once you get it published on Amazon, theres almost nothing left to perform. I spend about $20 a month on advertising for every publication and thats it. .

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

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

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Investing in loans is nothing new. In fact, I guarantee you already have money in them through any internet pension plan or insurance. You see banks sell their loans to investors that 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 each $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 little portfolio will constantly be putting money in your account. You receive paid principal and interest monthly on your loans so its a great cash flow investment. .

What I like about p2p investing on Lending Club is the sites automated investing instrument. You pick the criteria for loans in which you want to invest and the application does the rest. It will search for loans every day which fulfill those factors and mechanically invest your money. Its important because youre collecting money on your loan investments every day so you want that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club gets the investment entirely passive. I might only check in on my account once a month or even more often. I know that app is going to keep investing my money for a secure and passive return.

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

Patreon is actually 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 site Patreon gives you the opportunity to acquire patrons for your own works. You build a community of people interested in your job, another usage of a site that does double-duty for this passive income strategy, and then ask them to make contributions every time you produce something. .

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