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

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

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I surveyed property 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 like investing on more than one stage because it provides me access to as many deals as possible. .

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 have 10 books that averaged $1,857 a month last year.

Before you think you cant write a book, 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 every publication and you can generate a new book every couple of months when youre really concentrated. The best part about self-publishing is that once you have it printed on Amazon, theres nothing left to do. I spend roughly $20 per month on advertising for every publication and thats it. .

If youre doing a novel every 2 months, youll have your own $ 5,000 a month in just over two decades and thats going to become 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 reserved returns just under 10%. Now that may not sound great 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 fact, 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 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 find this year so youll need a bit invested to make that $5,000 per month but even a small portfolio will constantly be putting money 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 the websites automated investing tool. 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 variables 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 possible. .

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

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

Now patrons dont come off empty-handed, you provide rewards and copies of the job. 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 long run.