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

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

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I surveyed real estate crowdfunding websites on returns and found that debt investments average around 9% while 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. .

Subscribers to the channel have probably already seen the movies on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books that averaged $1,857 a month last year.

Before you think you cant write a novel, anyone can do this and it is so straightforward. In reality, 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 book and you can generate a new book every couple of months if youre really focused. The best part about self-publishing is that once you have it published on Amazon, theres nothing left to perform. I spend about $20 per month on advertising for each book and thats it. .

If youre doing a book every two months, youll have your $5,000 a month in only over two decades and thats going to be 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 couple of years now and have booked returns see page only under 10%. Now that might not sound great 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 have money in them via 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 about $1,000 on each $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 cash in your account. You receive paid principal and interest monthly on your loans so its a great cash flow investment. .

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What I enjoy about p2p investing on Lending Club is the websites automated investing instrument. You pick the standards for loans in which you want to invest and the program does the rest. It will look for loans every day which fulfill those variables and automatically invest your money. Its important because youre collecting go money on your loan investments every day so you want that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club makes the investment entirely passive. I might 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 stable and passive return.

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

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 site Patreon provides you the opportunity to acquire patrons to your own works. You build a community of people interested in your job, another use of a blog that will double-duty for this passive income plan, and then request them to make contributions each time you create something. .

Now patrons dont come off empty-handed, you provide rewards and copies of the job. So for a writer, you might offer copies of your own books. You could promise to thank patrons on your site or to promote something of theirs in the future.

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