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

Since these are longer-term jobs, short-term economy hiccups shouldnt affect them. Real estate prices may follow the economy somewhat 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 websites on returns and found that debt investments average around 9 percent while equity returns average 15 percent 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. .

Clients 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 novels that averaged $1,857 a month this past 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 book for another income source.

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Im making an average of $185 per month on every book and you can generate 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 nothing left to do. I spend about $20 a month on advertising for every book 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 become consistent income each month even if 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 might not sound fantastic against double-digit stock returns but its dual everything you get from additional fixed-income investments.

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Investing in loans is this post nothing new. In reality, I guarantee you have money in them through any pension plan or insurance. You see banks sell their loans to investors who need reliable cash 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 each $10,000 invested. Now thats a year so youll need a bit invested to create that $5,000 a month but even a little 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 sites automated investing tool. You decide on the criteria for loans in which you want to invest and the application does the rest. It will look for loans daily that fulfill those factors and automatically invest your money. Its important as youre collecting money on your loan investments every day 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 a month or even less often. I know that app 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 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 really how the arts used to operate 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 site Patreon gives you the opportunity to check it out acquire patrons for your own works. You build a community of individuals interested in your work, another usage of a blog that will double-duty for this passive income plan, and then request them to make contributions each time you produce something. .

Now patrons dont come off empty-handed, you offer rewards and copies of this work. So to get 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.