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

Since these are longer-term jobs, short-term economy hiccups shouldnt impact them. Real estate costs may occur after the economy somewhat but there's still that natural demand from homeowners and business customers so that affirms costs.

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

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

Before you think you cant write a novel, anyone can do so and it is so straightforward. In fact, self-publishing is a natural fit for bloggers since youre already writing this 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 each book and you can generate a new book every couple of months if youre really focused. The best thing about self-publishing is that once you get it printed on Amazon, theres almost nothing left to do. I spend about $20 a month on advertising for each book and thats it. .

If youre doing a book every two months, youll have your own $ 5,000 a month in just over two years and thats going to be consistent income every month even if you stop writing.

Another investment I highlighted 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 may not sound fantastic 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 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 every $10,000 invested. Now thats a calendar year so youll need a bit invested to make that $5,000 a month description 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 fantastic cash flow investment. .

What I enjoy about p2p investing on Lending Club is your websites automated investing instrument. You decide on 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 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 could only check in on my account once a month or even more often. I know that program is going to keep investing my money for a stable and passive return.

Our next passive income notion is another twist on crowdfunding called Patreon. The site is promoted as a crowdfunding site 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 wealthy for their patrons to support their work through regular contributions.

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So now the website Patreon gives you the opportunity to acquire patrons to your own works. You construct a community of people interested in your work, another use of a blog that will double-duty with this passive income plan, and then ask them to make contributions each time you create something. .

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