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

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

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I researched real estate 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 since it gives me access to as many deals as possible. .

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

Before you think you cant write a novel, anyone can do so and it's so easy. In fact, self-publishing is a natural fit for bloggers because youre already writing the material. All you have 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 each publication and you can generate a new book every few months when youre really concentrated. The very best thing about self-publishing is that once you have it published on Amazon, theres almost nothing left to do. I spend roughly $20 per month on advertising for each book and thats it. .

So if youre doing a novel every 2 months, youll have your $5,000 a month in just over two years and thats going to be consistent income each month even in the event that 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 just under 10%. Now that might not sound fantastic against double-digit stock returns but its dual what you get from other 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 who need reliable money flow so their most important buyers of read this article loans are pensions and insurance companies.

I average just under 10% annually on the loans 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 cash in your account. You get paid principal and interest monthly on your loans so its a great cash flow investment. .

What I like about p2p investing on Lending Club is the websites automated investing instrument. You decide on the standards for loans in which you want to invest and the program does the rest. It will search for loans daily that fulfill those factors and automatically invest your money. Its important as 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 automatic investing instrument 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 program 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 website is encouraged 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 operate hundreds of years ago. Back during the renaissance, artists used to ask the wealthy for their patrons anchor to support their work through regular contributions.

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So now the website Patreon provides you the opportunity to acquire patrons for your own works. You construct a community of individuals interested in your work, another use of a blog that will double-duty for this passive income strategy, and then ask them to make contributions every time you create something. .

Now patrons dont come away empty-handed, you provide benefits and copies of the job. So to get 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 long run.