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You can invest as little as $1,000 in each property which means you can develop a portfolio of different property types and in different areas for this diversification. In addition, you get professional management of the projects. The project owners send all debt or equity payouts through the system and it has passed on to investors. .

Since these are longer-term projects, short-term economy hiccups shouldnt affect them. Real estate prices may follow the economy a little but there is still that natural demand from homeowners and commercial 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 whilst 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 provides me access to as many deals as you can. .

Clients 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 novels that averaged $1,857 per month last year.

Before you think you cant write a book, anyone can do so and it's really easy. In fact, 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 publication for another income source.

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Im making an average of $185 a month on every publication and you can produce a new book every couple of months when youre really concentrated. The best thing about self-publishing is that once you get it published on Amazon, theres nothing left to do. I spend roughly $20 per month on advertising for each publication and thats it. .

If youre doing a novel every two months, youll have your $5,000 per month in just over two decades and now thats going to be 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 decades now and have booked returns just under 10%. Now that may not great site 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 already have money in them through any pension plan or insurance. You see banks sell their loans to investors that need reliable money flow so their biggest 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 year so youll need a bit invested to make that $5,000 per month but even a little portfolio will constantly be putting cash in your account. You receive paid principal and interest monthly on your loans so its i was reading this a great cash flow investment. .

What I enjoy about p2p investing on Lending Club is the sites automated investing instrument. You pick the standards for loans in which you want to invest and the program does the rest. It will search for loans every day that fulfill 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 automatic investing instrument on Lending Club makes the investment entirely 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 encouraged as a crowdfunding site for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is actually how the arts used to operate hundreds of years back. Back during the renaissance, artists used to ask the wealthy 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 to your own works. You construct a community of people interested in your work, another usage of a site that will double-duty for this passive income strategy, and then request them to make contributions every time you create something. .

Now patrons dont come away empty-handed, you offer benefits and copies of this job. So to get a writer, you might offer copies of your books. You could promise to thank patrons on your blog or to market something of theirs in the long run.