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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 regions for this diversification. You also get professional management of the projects. The project owners send all debt or equity payouts throughout the platform and it has passed on to investors. .

Since these are longer-term jobs, short-term market hiccups shouldnt affect them. Real estate costs may follow the economy a little but there is still that natural demand from homeowners and commercial users so that supports costs.

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I surveyed real estate crowdfunding sites on returns and found that debt investments average around 9% while equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one stage because it provides 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 books that averaged $1,857 a month this past year.

Before you think you cant write a book, anyone can do this and it's really straightforward. In fact, self-publishing is a natural fit for bloggers since youre already writing this 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 each publication and you can produce a new book every few months if youre really concentrated. The very best part about self-publishing is that once you have it published on Amazon, theres almost nothing left to perform. I spend roughly $20 per month on advertising for each book and thats it. .

If youre doing a book every 2 months, youll have your own $ 5,000 a month in just over two decades and thats going to be consistent income each month even in the event that you stop writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a few years now and have booked returns just under 10%. Now that may not sound fantastic against double-digit stock returns but its double everything you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, 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 Continued so their most important buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans so about $1,000 on every $10,000 invested. Now thats a year so youll need quite a bit invested to create that $5,000 per month but even a small 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. .

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 application does the rest. It will search for loans daily that fulfill those variables and automatically invest your money. Its important as youre collecting money on your loan investments daily so you want that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club makes the investment entirely passive. I could only check in on my account once per month or even less 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 known as Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but its own for anyone with a side-hustle idea.

Patreon is really how the arts used to work hundreds of years back. 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 get patrons to your own works. You construct a community of individuals interested in your work, another usage of a blog that does double-duty with this passive income plan, and then request them to make contributions every time you create something. .

Now patrons dont come off empty-handed, you offer benefits and copies of the work. So for a writer, you could offer copies of your own books. You can promise to thank patrons on your blog or to promote something of theirs in the future.