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

Since these are longer-term jobs, short-term economy hiccups shouldnt affect them. Real estate prices may occur after the economy a little but there's still that natural demand from homeowners and commercial 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 percent while equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one platform since it gives me access to as many deals as you can. .

Subscribers 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 last 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 since youre already writing the 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 generate 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 roughly $20 a month on advertising for every book and thats it. .

If youre doing a novel every two months, youll have your $5,000 a month in only over two decades and now thats going to be consistent income each month even in the event that you check stop 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 may not sound fantastic 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 reality, 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 biggest 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 websites 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 cash in your account. You get paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

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

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The automated 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 stable and passive return.

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

Patreon is actually how the arts used to work hundreds of years ago. Back during the renaissance, artists used to ask the rich to be their patrons to support their work through regular contributions.

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So now the website Patreon gives you the opportunity to acquire patrons to your own works. You build a community of people interested in your job, another usage of a blog that does double-duty with this passive income plan, and then ask them to make contributions each time you create something. .

Now patrons dont come away empty-handed, you offer rewards and copies of the job. So for a writer, you could offer copies of your books. You could promise to publicly thank patrons on your site or to market something of theirs in the long run.