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

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Since these are longer-term jobs, short-term economy hiccups shouldnt impact them. Real estate costs may follow the economy a little but there's still that natural demand from homeowners and business 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 while equity returns average 15% annually. I invest in property debt on PeerStreet and in debt. I like 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 videos 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 a month this past year.

Before you think you cant write a novel, anyone can do this and it's so easy. In fact, self-publishing is a natural match for bloggers because youre already writing this content. 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 have it printed on Amazon, theres nothing left to perform. I spend roughly $20 per month on advertising for every publication and thats it. .

So if youre doing a book every 2 months, youll have your $5,000 a month in only over two decades and thats going to become consistent income each month even in the event that you stop writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of years now and have booked 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 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 about $1,000 on each $10,000 invested. Now thats a calendar year so youll need quite a bit invested to create that $5,000 a month but even a little 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. .

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What I like about p2p investing on Lending Club is the sites automated investing instrument. You decide on the standards for loans in which you want to invest and the program does the rest. It will look for loans daily which meet those factors and mechanically invest your money. Its important as youre collecting money on your loan investments every day 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 entirely 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 stable and passive return.

Our next passive income notion is another twist on crowdfunding called Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but 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 to be their you could try these out 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 individuals interested in your work, another usage of a blog that will double-duty for this passive income plan, and then ask them to make contributions every time you produce something. .

Now patrons dont come off empty-handed, you offer benefits and copies of this work. So to get a writer, you could offer copies of your own books. You could promise to thank patrons on your site or to promote something of theirs in the future.

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