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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 property types and in different areas for this diversification. You also get professional management of those projects. The job owners send all equity or debt payouts throughout the system and it has passed on to investors. .

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

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I surveyed real estate crowdfunding websites on returns and found that debt investments average around 9 percent whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform since it gives me access to as many deals as you can. .

Clients to the channel have likely already seen the movies on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books 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 reality, 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 each book and you can produce a new book every few months if youre really concentrated. The very best thing about self-publishing is that once you get 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 two months, youll have your $5,000 a month in just 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 emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of decades now and have reserved returns just under 10%. Now that might not sound great against double-digit stock returns but its double what 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 who need reliable money flow 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 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 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 informative post Club is the 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 search for loans daily that meet those factors and mechanically invest your money. Its important as youre collecting money on your loan investments daily so that 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 account once per month or even more often. I know that app 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 website is encouraged as a crowdfunding website for creative people like artists and writers but really its 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 utilized 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 get 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 strategy, and then request them to make contributions each time you create something. .

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