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

Since these are longer-term projects, short-term market hiccups shouldnt affect them. Real estate costs may follow the economy somewhat but there is still that natural demand from homeowners and business users so that affirms costs.

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I researched 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 enjoy investing on more than one platform since it gives me access to as many deals as possible. .

Clients 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 book, anyone can do this and it's really easy. In fact, self-publishing is a natural match for bloggers because youre already writing this material. 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 generate a new book every couple of months if youre really concentrated. The best part about self-publishing is that once you have it printed on Amazon, theres almost nothing left to do. I spend about $20 a month on advertising for each book and thats it. .

So if youre doing a book every 2 months, youll have your $5,000 per month in just over two decades and thats going to be consistent income each month even if you stop writing.

Another his comment is here 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 great 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 fact, I guarantee you 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 $1,000 on every $10,000 invested. Now thats a year so youll need quite a bit invested to make that $5,000 a 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 fantastic cash flow investment. .

What I like about p2p investing on Lending Club is your websites automated investing instrument. You decide on the criteria for loans in which you want to invest and the application does the rest. It will search for loans daily that fulfill those variables and mechanically invest your money. Its important because youre collecting money on your loan investments daily 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 completely passive. I might only check in on my account once per month or even more often. I know that app additional resources is going to keep investing my money for a stable and passive return.

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

Patreon is actually how the arts used to operate hundreds of years back. Back during the renaissance, artists utilized to ask the wealthy 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 get patrons for your own works. You build a community of people interested in your work, another usage of a site that will double-duty with this passive income plan, and then ask them to make contributions each time you produce something. .

Now patrons dont come away empty-handed, you offer benefits and copies of this job. So to get a writer, you could offer copies of your own books. You can promise to thank patrons on your blog or to promote something of theirs in the long run.