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You can invest as little as $1,000 in each property that means you can develop a portfolio of different land types and in different regions for this diversification. You also get professional management of those jobs. The project owners send all equity or debt payouts through the system and it gets 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 somewhat but there is still that natural demand from homeowners and business customers so that supports prices.

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I researched property crowdfunding sites on returns and found that debt investments average around 9 percent while equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I enjoy investing on more than one platform since it provides me access to as many deals as possible. .

Subscribers to the channel have probably already seen the videos on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 novels that averaged $1,857 per month this past year.

Before you think you cant write a book, anyone can do this and it's really straightforward. In reality, self-publishing is a natural fit for bloggers because 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 book and you can generate a new book every few months when youre really focused. The very best thing about self-publishing is that once you get it printed on Amazon, theres almost nothing left to perform. I spend about $20 a month on advertising for each publication and thats it. .

If youre doing a book every two months, youll have your own $ 5,000 a month in just over two decades and now thats going to be consistent income every 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 couple of years now and have reserved returns just under 10%. Now that might 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 reality, I guarantee you already 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 year so youll need quite a bit invested to create 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 great cash flow investment. .

What I like 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 which meet 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 tool on Lending Club gets the investment completely passive. I might only check in on my click here to read account once a month or even more often. I know that app is going to keep investing my money for a stable and passive return.

Our next passive income notion is another twist on crowdfunding known as Patreon. The site 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 ago. Back during the renaissance, artists utilized to ask the rich for their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to get my site patrons to your own works. You build a community of people interested in your job, another use of a site that will double-duty with this passive income strategy, and then request them to make contributions every time you create something. .

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