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

Since these are longer-term jobs, short-term market hiccups shouldnt affect them. Real estate prices may follow the economy a little but there's still that natural demand from homeowners and business customers so that supports prices.

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I surveyed 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 platform because it gives me access to as many deals as you can. .

Clients 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 also 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's so straightforward. In reality, self-publishing is a natural match for bloggers since youre already writing the material. 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 book and you can generate a new book every few months if youre really focused. The very best part 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 every publication and thats it. .

If youre doing a novel every 2 months, youll have your own $ 5,000 a month in only over two years and thats going to be consistent income every month even in the event that you stop writing.

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a few decades 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 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 that need reliable cash flow so their most important 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 calendar year so youll need a bit invested to create that $5,000 per 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 great cash flow investment. .

What I like about p2p investing on Lending Club is the sites automated investing instrument. You pick the criteria for loans in which you want to invest and the application does the rest. It will look for loans every day which meet those factors and mechanically invest your money. Its important because youre collecting money on your loan investments daily so that you want to have that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club makes the investment completely passive. I might only check in on my account once per month or even more 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 known as Patreon. The site is encouraged as a crowdfunding website for creative people like artists and writers but 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, useful reference 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 get patrons to your own works. You construct a community of people interested in your job, 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 provide rewards and copies of the job. So to get 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.