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

Since these are longer-term jobs, short-term market hiccups shouldnt impact them. Real estate prices may occur after the economy a little but there's still that natural demand from homeowners and business users so that supports prices.

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I researched 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 enjoy investing on more than one stage because it provides me access to as many deals as you can. .

Clients 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 also have 10 books that averaged $1,857 a month this past year.

Before you think you cant write a book, anyone can do this and it's so easy. In reality, self-publishing is a natural fit for bloggers since youre already writing this content. All you have 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 few months if youre really focused. The best part about self-publishing is that once you get it published on Amazon, theres nothing left to perform. I spend about $20 per month on advertising for every book and thats it. .

If youre doing a novel every two months, youll have your $5,000 per month in just over two years and thats going to become 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 only under 10%. Now that may not sound great against double-digit stock returns but its double what you get from additional 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 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 each $10,000 invested. Now thats a calendar year so youll need quite a bit invested to make that $5,000 per month but even a little portfolio will constantly be putting money 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 your websites dig this automated investing instrument. You decide on the criteria for loans in which you want to invest and the program does the rest. It will look for loans every day that fulfill those variables and automatically invest your money. Its important because youre collecting money on your loan investments daily so that you want that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club gets the investment entirely passive. I could only check in on my account once per month or even more often. I know that program is going to keep investing my money for a secure and passive return.

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

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

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So now the website Patreon gives you the opportunity to get patrons for your own works. You build a community of individuals interested in your work, another use of a blog that does double-duty for this passive income strategy, and then request them to make contributions each time you produce something. .

Now patrons dont come off empty-handed, you offer rewards and copies of this job. So to get a writer, you could offer copies of your books. You could promise to publicly thank patrons on your blog or to promote something of theirs in the future.