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

Since these are longer-term jobs, short-term market hiccups shouldnt affect them. Real estate costs may occur after the economy a little but there is 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 percent whilst equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one stage 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 idea, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books that averaged $1,857 per month last year.

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

If youre doing a novel every two months, youll have your $5,000 per month in just over two years 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 reserved returns just under 10%. Now that may not sound fantastic against double-digit stock returns but its dual what you get from additional fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you already have money in them via any pension plan or insurance. You see banks sell their loans to investors that need reliable cash 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 calendar year so youll need 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 enjoy about p2p investing on Lending Club is your sites automated investing tool. You pick 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 because youre collecting money on your loan investments daily 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 idea is another twist on crowdfunding called Patreon. The website is promoted as a crowdfunding website for creative people like artists and writers but its for anyone with a side-hustle idea.

Patreon is really how the arts used to operate hundreds of years back. Back during the renaissance, artists used to ask the wealthy for their patrons to support their work through Discover More regular contributions.

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So now the website Patreon provides you the opportunity to acquire patrons to your own works. You build a community of individuals interested in your job, another usage of a site that does 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 this job. So for a writer, you might offer copies of your own books. You could promise to thank patrons on your blog or to market something of theirs in the future.