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You can invest as little as $1,000 in each property which means you can build up a portfolio of different property 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 through the platform and it gets passed on to investors. .

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

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

Subscribers to the channel have probably already seen the movies on our next passive income notion, 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 so easy. In reality, self-publishing is a natural fit for bloggers because youre already writing this 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 publication and you can produce a new book every couple of months when youre really focused. The best thing about self-publishing is that once you get it published 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 book every two months, youll have your own $ 5,000 per month in just over two decades and thats going to be more tips here 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 couple of decades now and have reserved returns just under 10%. Now that may not sound fantastic against double-digit stock returns but its double what you get from additional 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 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 a bit invested to create that $5,000 a 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 Club is your websites automated investing instrument. You pick the criteria for loans in which you want to invest and the application 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 daily so you want that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club makes the investment completely passive. I could 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 site for creative people like artists and writers but really its own for anyone with a side-hustle notion.

Patreon is actually how the arts used to work hundreds of years ago. Back during the renaissance, artists utilized to ask the wealthy 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 build a community of individuals interested in your job, another usage of a site that will double-duty for this passive income strategy, and then ask them to make contributions each time you produce something. .

Now patrons dont come off empty-handed, you offer benefits and copies of the work. So to get a writer, you might offer copies of your books. You can promise to publicly thank patrons on your blog or to promote something of theirs in the long run.