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You can invest as little as $1,000 in each property that means that you can build up a portfolio of different property types and in different areas for that diversification. You also get professional management of the jobs. The job owners send all debt or equity payouts through the system and it gets passed on to investors. .

Since these are longer-term jobs, short-term economy hiccups shouldnt impact them. Real estate prices may follow the economy a little but there is still that natural demand from homeowners and commercial customers so that supports costs.

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I surveyed property crowdfunding sites on returns and found that debt investments average around 9% whilst equity returns average 15% annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one stage 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 have 10 books that averaged $1,857 per month last year.

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

If youre doing a book every two months, youll have your $5,000 per 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 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 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 through any 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 so about Extra resources $1,000 on every $10,000 invested. Now thats a calendar year so youll need a bit invested to make 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 websites automated investing tool. You pick the standards for loans in which you want to invest and the application does the rest. It will look for loans every day that fulfill those factors and mechanically invest your money. Its important as 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 gets the investment entirely passive. I could only check in on my account navigate to these guys 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 notion is another twist on crowdfunding called Patreon. The website is promoted as a crowdfunding site for creative people like artists and writers but really its 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 utilized to ask the rich to be 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 for your own works. You construct a community of people interested in your work, another usage of a site that will 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 blog job. So for a writer, you could offer copies of your own books. You can promise to publicly thank patrons on your blog or to promote something of theirs in the long run.