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

Since these are longer-term jobs, short-term market hiccups shouldnt impact them. Real estate costs may follow the economy a little but there is still that natural demand from homeowners and business customers so that affirms costs.

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I researched property 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 enjoy investing on more than one platform because it provides me access to as many deals as possible. .

Subscribers to the channel have likely already seen the videos 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 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 because youre already writing the material. All you have 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 produce a new book every couple of months if youre really concentrated. The very best thing about self-publishing is that once you get it published on Amazon, theres almost nothing left to do. I spend about $20 a month on advertising for each publication and thats it. .

If youre doing a book every two months, youll have your own $ 5,000 per month in only over two years and now thats going to be 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 booked returns only under 10%. Now that may 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 through any pension plan or insurance. You see banks sell their loans to investors who 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 quite a bit invested to make that $5,000 a month but even a small portfolio will constantly be putting money in your account. You receive 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 the sites automated investing tool. You decide on the criteria for loans in which you want to invest and the application does the rest. It company website will look for loans daily that fulfill 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 automatic investing tool on Lending Club gets the investment entirely 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 secure and passive return.

Our next passive income idea is another twist on crowdfunding called Patreon. The site is encouraged as a crowdfunding website for creative people like artists and writers but its own see 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 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 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 off empty-handed, you provide benefits and copies of the work. So to get a writer, you could offer copies of your own books. You can promise to thank patrons on your site or to promote something of theirs in the long run.