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

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

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

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

Before you think you cant write a book, anyone can do this and it is so straightforward. In reality, self-publishing is a natural match for bloggers since youre already writing the content. 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 generate a new book every few months if youre really focused. The very best thing about self-publishing is that once you get it published on Amazon, theres almost nothing left to perform. I spend roughly $20 a month on advertising for each publication and thats it. .

If youre doing a novel every 2 months, youll have your $5,000 a month in just over two decades and now thats going to be consistent income each month even if you stop writing.

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of decades now and have reserved returns only under 10%. Now that might not sound great 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 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 most important buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans about $1,000 on every $10,000 invested. Now thats a year so youll need a bit invested to create that $5,000 per 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 fantastic cash flow investment. .

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What I enjoy about p2p investing on Lending Club is your sites automated investing instrument. 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 factors and automatically 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 automated investing instrument on Lending Club gets the investment completely passive. I might only check in on my account once per month or even less 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 promoted 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 used to ask the rich for their patrons to support their work through regular contributions.

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So now the site Patreon gives you the opportunity to acquire patrons for your own works. You construct a community of people interested in your job, another use of a site that does double-duty for this passive income plan, and then request them to make contributions every time you create something. .

Now patrons dont come off empty-handed, you offer benefits and copies of the job. So to get a writer, you could offer copies of your books. You can promise to thank patrons on your blog or to market something of theirs in the Your Domain Name future.

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