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You can invest as little as $1,000 in every property that means that you can build up a portfolio of different property types and in different areas for this diversification. In addition, you get professional management of those projects. The project owners send all debt or equity payouts throughout the system and it gets passed on to investors. .

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

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I researched property crowdfunding sites on returns and found that debt investments average around 9 percent whilst equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one platform since it provides 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 also have 10 novels that averaged $1,857 a month last year.

Before you think you cant write a book, anyone can do so and it is really easy. In fact, self-publishing is a natural fit for bloggers because youre already writing this 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 per month on every book 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 have it published on Amazon, theres nothing left to perform. I spend about $20 per month on advertising for every book and thats it. .

So if youre doing a book every two months, youll have your own $ 5,000 per month in just over two years and thats going to become consistent income every month even if you give up 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 might not sound fantastic against double-digit stock returns but its double what 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 biggest 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 per month but even a small portfolio will constantly be putting money in your account. You get paid principal and interest monthly on your loans so its a great cash flow investment. .

What I enjoy about p2p investing on Lending Club is your websites automated investing tool. You pick the standards for loans in which you want to invest and the program does the rest. It will look for loans daily that fulfill those factors and mechanically invest your money. Its important because youre collecting money page on your loan investments every day so you want to have that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club gets the investment completely passive. I might only check in on my account once a month or even less often. I know that app is going to keep investing my money for a stable and passive return.

Our next passive income notion is another twist on crowdfunding known as Patreon. The site is encouraged as a crowdfunding site for creative people like artists and writers but really its own for anyone with a side-hustle idea.

Patreon is really how the arts used to operate hundreds of years ago. 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 for your own works. You build a community of people interested in your work, another use of a site that does double-duty with this passive income plan, and then request them to make contributions each time you produce something. .

Now patrons dont come away empty-handed, you offer rewards and copies of the job. So to get a writer, you might offer copies of your books. You can promise to thank patrons on your site or to market something of theirs in the future.