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You can invest as little as $1,000 in every property that means that you can build up 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 throughout the platform and it gets passed on to investors. .

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Since these are longer-term jobs, 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 commercial customers so that supports prices.

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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 real estate debt on PeerStreet and in debt. I like investing on more than one platform because it gives me access to as many deals as you can. .

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 have 10 novels that averaged $1,857 per month this past year.

Before you think you cant write a novel, anyone can do this and it is so straightforward. In fact, self-publishing is a natural match for bloggers since 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 every book and you can generate a new book every few months if youre really concentrated. The very best thing about self-publishing is that once you get it published on Amazon, theres almost nothing left to do. I spend about $20 per month on advertising for every publication and thats it. .

If youre doing a novel every two months, youll have your $5,000 a month in just over two years and thats going to be consistent income each 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 booked returns only under 10%. Now that may not sound fantastic 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 who 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 every $10,000 invested. Now thats a calendar year so youll need a bit invested to create that $5,000 per 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. .

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What I like about p2p investing on Lending Club is your sites automated investing tool. You decide on the criteria for loans in which you want to invest and the program does the rest. It will look for loans daily which fulfill those variables and mechanically invest your money. Its important as youre collecting money on your loan investments daily so that you want to have that money reinvested as soon as possible. .

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The automated investing tool on Lending Club makes the investment completely passive. I could only check in on my account once per month or even less often. I know that app is going to keep investing my money for a stable and passive return.

Our next passive income my company 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 own for anyone with a side-hustle notion.

Patreon is actually how the arts used to work 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 gives you the opportunity to acquire patrons for your own works. You build a community of individuals interested in your job, another usage of a site that will double-duty with this passive income strategy, and then request them to make contributions every time you produce something. .

Now patrons dont come off empty-handed, you provide benefits and copies of this work. So to get a writer, you might offer copies of your books. You could promise to thank patrons on your blog or to market something of theirs in the future.

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