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You can invest as little as $1,000 in each property which means that you can develop a portfolio of different property types and in different regions for this diversification. In addition, you get professional management of those projects. The job 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 impact them. Real estate prices may occur after the economy a little but there is still that natural demand from homeowners and commercial 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 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform because it gives me access to as many deals as possible. .

Subscribers to the channel have likely already seen the movies on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 books that averaged $1,857 per month this past year.

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

If youre doing a novel every two months, youll have your own $ 5,000 per month in just over two decades see this page and now thats going to be consistent income every month even in the event that you stop 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 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 cash 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 per 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 enjoy about p2p investing on Lending Club is the websites automated investing instrument. You pick 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 factors and automatically go to my site invest your money. Its important because youre collecting money on your loan investments every day so that you want to have that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club makes the investment completely visit the website passive. I might only check in on my account once a month or even less 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 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 notion.

Patreon is really how the arts used to operate hundreds of years back. 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 to your own works. You build a community of individuals interested in your job, another use of a blog that does double-duty with this passive income plan, and then request them to make contributions each time you create something. .

Now patrons dont come off empty-handed, you offer rewards and copies of this work. So for a writer, you might offer copies of your books. You can promise to thank patrons on your blog or to market something of theirs in the future.