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You can invest as little as $1,000 in each property that means that you can build up a portfolio of different land types and in different areas for that diversification. You also get professional management of those jobs. The project owners send all debt or equity payouts through 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 prices may follow 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 property debt on PeerStreet and in debt. I enjoy investing on more than one platform since it gives me access to as many deals as possible. .

Clients to the channel have probably already seen the movies 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 so and it's really straightforward. In fact, self-publishing is a natural fit for bloggers since youre already writing the content. 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 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 have it published on Amazon, theres almost nothing left to do. I spend about $20 a month on advertising for each book and thats it. .

So if youre doing a book every 2 months, youll have your own $ 5,000 per month in only over two decades and now thats going to become consistent income each month even in the event that you give up writing.

Another investment I highlighted 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 might 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 reality, 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 money flow so their biggest 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 calendar year so youll need a bit invested to create that $5,000 a month but even a small portfolio will constantly be putting money in your account. You receive paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

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What I enjoy about p2p investing on Lending Club is your websites automated investing tool. You decide on the standards for loans in which you want to invest and the application does the rest. It will look for loans daily which meet those variables and mechanically invest your money. Its important as youre collecting money on your loan investments every day so that you want that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club makes the investment entirely passive. I might only check in on my account once a month or even more often. I know that program is going to keep investing my money for visit homepage a secure 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 operate hundreds of years ago. 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 website Patreon gives you the opportunity to acquire patrons to your own works. You build a community of individuals interested in your job, another use of a blog that does double-duty with this passive income plan, and then ask them to make contributions each time you produce something. .

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

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